Tag: NFT

NFT is a huge branch of the blockchain economy that essentially formed before our eyes in 2021. And while few people knew what “non-fungible tokens” even were a year ago, by the end of the year, the most prominent corporations were already integrating NFT solutions into their products, and the market volume amounted to tens…

Let’s take a look at some of the most common cryptocurrency lingo, invites Kim Komando from FOX News. Despite Bitcoin launching way back in 2009, it’s only until recently that you can’t turn on the news or browse the web without coming across some mention of cryptocurrency. I got so many questions from my readers…

Surging sales and hefty prices on NFTs show no sign of abating. The Q3 figure was up from $1.3 billion in Q2 and $1.2 billion in Q1. The increase was powered by a record-breaking August that saw over $5.2 billion in trades. Reuters reported sales volumes of non-fungible tokens (NFTs) surged to $10.7 billion in…

Binance Coin is raising. Cardano has doubled in August, becoming the third-largest digital coin, while Avalanche has tripled. Meanwhile, prices for NFTs, mostly funny digital photos or cartoon depictions, are going mad, sometimes quadrupling in a few days. Analysts and investors did not come to a consensus on what’s driving this craze. Some suggest speculators…

Shopify Inc., a major e-commerce merchant partner, is making it easier for companies to sell NFTs. Shopify’s president shared the company’s plans to help its merchants sell NFTs. “If you’ve spent 1 minute on the internet this year, you’ve seen a lot about NFTs,” posted on Twitter Shopify President Harvey Finkelstein. “Shopify we are making…

Damien Hirst says NFTs are changing the world. In an exclusive interview with Cointelegraph, the British contemporary artist noted that they are like “the invention of paper.” Speaking in London with Andrew Thurman of Cointelegraph, Hirst presented his “The Currency” artwork collection, the pile of boxes containing 10,000 sheets with unique paintings created in 2016,…