Dubai’s Theatre of Digital Art holds an international exhibition and NFT sales

    The Theatre of Digital Art and Generative Gallery has organized an exhibition of immersive digital art of seven modern artists around the world in Dubai. The event, held till February 2022, is featured by non-fungible tokens (NFTs) exposition and sales. In Dubai, the Theatre of Digital Art (ToDA) and Generative Gallery is organizing a multi-dimensional…

    Sotheby’s to sell two iconic Banksy paintings in Ethereum

    Prestigious auction house Sotheby’s has announced the company will be selling Banksy works for real-time bids in Ethereum (ETH) at an auction on November 18. The famed auction house claims it will be the first to accept crypto for a real-time auction of physical art — but other auction houses are not far behind. On…

    Contemporary art sales are back due to NFTs

    Art that was usually confined inside the museum or the apartment has found an expansive new home now – in the world of crypto. Contemporary art sales are back, hitting a record $2.7 billion in the past year, thanks to the love between young people and blockchain. According to Artprice, a leader in art market…

    New NFT platform launches for artists and collectors in the Middle East

    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…

    MakersPlace raises $30 million in venture funds, including Coinbase and Pantera Capital

    One of the original NFT marketplaces, MakersPlace, has announced a $30 million Series A round of venture financing on Aug 4, led by Bessemer Venture Partners and Pantera Capital. It also includes a number of backers from the venture arm of Coinbase and Sony Music Entertainment to many important persons in the worlds of sports,…

    NFT boom: OpenSea trading volume skyrockets 76,240%

    The NFT boom caused OpenSea trading volume to explode 76,240% year-to-date. The non-fungible token (NFT) marketplace processed 1.18 million transactions worth $1.06 billion just in the last 30 days. Trading volumes on peer-to-peer nonfungible token (NFT) marketplace OpenSea in 2021 have surged by over 12,000%. According to DappRadar data, the total incoming value to OpenSea’s…