Non-fungible token (NFT)

In an announcement on Dec. 16, Bitwise chief information officer Matt Hougan unveiled the launch of the Bitwise Blue-Chip NFT Index Fund in what he claimed was the world’s first. He added that the fund, which rebalances every three months, would hold the ten most valuable NFT collections, including CryptoPunks, Bored Ape Yacht Club, Meebits,...Read More

The world’s leading athletic apparel company – Nike Inc. – announced the acquisition of RTFKT (pronounced “artifact”). Similar to Nike, the latter offers shoes, too, except those only exist digitally. Nike Enters The Metaverse The American sportswear giant – Nike – revealed its jump in the metaverse space by a post on its official website....Read More

Ubisoft – a gaming industry giant – recently announced plans to integrate NFTs into its games. These NFT’s will be known as “Digits”, containing their own unique serial numbers while being tradeable on the crypto market. NFTs and Ghost Recon Ubisoft announced its NFT project in a tweet earlier today. The company will offer its...Read More

Blockchain.com outlined plans to launch a marketplace exclusively focussed on NFTs to cater to the rising demand and fortunes that have attracted the attention of well-known individuals from different fields. With this move, the Luxembourg-based company is the latest one to dip its toes into the NFT market. It joins the list of crypto giants...Read More

AMC Theatres – the largest movie theatre chain in the US – recently offered 86,000 non-fungible tokens to early buyers of the latest Spider-Man film. The enthusiasm among fans was quite high as it led to the second-highest one-day ticket sales in AMC’s entire history. AMC’s NFT Offer At the start of this week, the...Read More

The legend in rap music – Snoop Dogg – collaborated with Coldie (an artist focused on blockchain and crypto art) to release another non-fungible token. It comes by the name of “Decentral Eyes Portrait Series” and was minted on the NFT marketplace – SuperRare. ‘It’s Decentralized, Decentral Eyes’ Calvin Cordozar Broadus Jr. (known professionally as...Read More

The Federal Byzantine Agreement-based (FBA) network, Flare, recently partnered with Rival to become its preferred NFT, Utility, and DAO token platform for Rival’s NFT marketplace. Flare and Rival’s Partnership Rival is an enterprise solution that integrates gaming, esports, and now NFTs, into a company’s fan-engagement strategy. Some of these entities are the Seattle Seahawks from...Read More

A survey conducted by the software firm – Stratis – revealed that 58% of American and British video game developers had incorporated blockchain technology into their endeavors. 47% have integrated non-fungible tokens in their games. Blockchain Is The Future for Video Games The poll surveyed 197 video game developers in the USA and the UK....Read More

The leading non-fungible token (NFT) peer-to-peer marketplace – OpenSea – crossed the mark of $10 billion in all-time trading volumes. Interestingly, this number stood at “only” $1 billion in until August this year. $10 Billion And Counting Non-fungible tokens have become highly popular throughout the ongoing year, especially during its second half. Following the developments...Read More

SushiSwap, the popular decentralized exchange that saw the light of day last year, will enter the non-fungible token and metaverse spaces. It will do so by releasing a platform aiming to combine the best from both worlds and the initial v0 campaign will go on for ten weeks. Shoyu Comes to Life The press release...Read More

Sfermion – an NFT investment firm – has raised $100 million through fundraising from several high-profile institutional investors and venture capitalist firms. The Winklevoss twins, Marc Andreessen, Alan Howard, Digital Currency Group (DCG) are some of the names of the participants. Accelerating the Emergence of the Metaverse As per a press release, Sfermion announced the...Read More

The Financial Action Task Force (FATF) has released guidance on virtual assets and virtual asset service providers (VASP). But the inclusion of decentralized finance (DeFi) and non-fungible tokens (NFT) have sparked a fresh debate. Just a week after the FATF had announced finalizing its crypto guidance, the global anti-money laundering watchdog released an updated version...Read More

The cryptocurrency space has seen numerous prominent individuals who went from criticizing it to joining it years later. Jordan Belfort, who used to bash bitcoin but later predicted it will tap $100,000, is now a keen supporter of the non-fungible token industry. NFTs have garnered the attention of numerous celebrities outside of the cryptocurrency space...Read More

British motor racing team, McLaren Racing, has recently announced the launch of its non-fungible tokens (NFTs) platform, where fans and digital art collectors can purchase its digital collectibles. The new endeavor will be built on the popular Tezos blockchain. McLaren Joins the NFT Craze According to a press release shared with CryptoPotato, the NFT platform,...Read More

The leading American cryptocurrency platform – Coinbase – said it will launch a peer-to-peer non-fungible token marketplace called Coinbase NFT. Users can join a waitlist for early access and regular updates. Coinbase Expanding into The NFT Universe In a recent blog post, one of the largest digital asset exchanges revealed it will enable its customers...Read More