NFT

French professional soccer club Paris Saint-Germain (PSG) has announced a new three-year deal that will see digital asset trading platform Crypto.com become the club’s first official crypto platform partner. French outlet L’Equipe via Get French Football News report that PSG will receive €25 million – €30 million over a three-year contract. Negotiations had begun with…

Upcoming Cardano’s upgrade aims to bring in the network new abilities like smart contracts and non-fungible tokens (NFTs), as well as “programmability,” as per founder Charles Hoskinson. However, it could take several months before DeFi protocols come to the mainnet due to a lack of concurrency and tools. Cardano’s big “Alonzo” upgrade rolls out on…

This week, a project PleasrDAO announced that a notable Doge NFT, sold in June 2021 for 1,696.9 Ether (a historic sale over $3.6 million at the moment of sale), will be fractionalized. Now, the NFT’s owner wants to share the ownership with others. At the same time, Cryptopunk #543 has already being fractionalized and sold…

Despite the crypto market was actually flat Tuesday, the novel token Solana become a hot-token, hitting a new all-time high due to growing investor fervor around altcoins, which also supports the smart contracts necessary for booming decentralized finance (DeFi) applications and non-fungible tokens (NFTs). Solana (SOL) token surged to become the 7th most valuable cryptocurrency…

Nabil Al Sayed, a serial startup entrepreneur, has announced the launch on Thursday of NIFTY Souq, a new digital platform where artists and collectors of the Middle East and North Africa region can create and buy NFTs. The new NFT marketplace is going to revolutionize the music and art scene in the Gulf countries. As…

One of the world’s largest card payment organizations, Visa, has purchased an NFT for over $150,000, signaling that NFTs are here to stay. Visa said Monday it bought a “CryptoPunk,” one of the thousands of NFT-based digital avatars, for nearly $150,000 in Ether. “We think NFTs will play an important role in the future of…