The entrepreneur on spending $69m on a non-fungible token artwork and how an avatar helped him circumvent the status quo — Stefania Palma at FT.com. It was almost a decade ago that Vignesh Sundaresan, googling for ways to transfer funds directly between stock brokerage accounts, chanced on an alternative to the conventional banking system. “I…
According to a recent analysis by crypto news site Protos, non-fungible token (NFT) sales plummeted 90% since the record sales on May 3. Market data shows over 130,000 NFT sales in a single day, and 30 days later, NFT sales dropped more than 35% last month, reaching over 84,000. Since peaking on May 3, when…
Analysts believe that NFT trading volume may grow to $ 175.2 million by October The market for nonfungible tokens, or NFTs, is expected to maintain its rapid growth trajectory this year as demand for digital collectibles continues to grow, according to a new forecast from Invezz, an online investing news and education platform. NFT trading…
It looks like FOX intends to bring attention and publicity to the NFT sector by creating a new animated series, from the author of the world-famous Rick and Morty The new firm will be called Blockchain Creative Labs, Fox confirmed, per the Hollywood Reporter, and its first series will be called Krapopolis, which it described…
We speak to a Dubai-based digital artist and graphic designer, Gigi Gorlova, who recently sold her 3D artwork as NFTs, becoming one of the first digital designers in the UAE to become a crypto-verified artist. A graphic designer by profession, Gigi has over 12 years of experience, making digital graphics for a wealth of organizations…
3F Music studio recently bought non-fungible tokens (NFT) versions of iconic Internet memes for nearly $1m 3F Music studio in Dubai has been making headlines for its digital collectibles shopping spree, with the recent purchase of four iconic Internet memes for about $993,000. The music studio recently bought the non-fungible tokens (NFT) versions of the…