NFT News

Reese Witherspoon Gets Her First NFT Amid Bitcoin Recovery

Reese Witherspoon purchases her first NFT.  She encourages women in the industry to connect with her.  The price of Bitcoin (BTC) continues to climb higher. While the crypto space did have a few hiccups this year, NFTs experienced the opposite. In Q3 of 2021 alone, the volume of NFT sales has surpassed $10.7 billion. This is a significant rise compared to previous quarters.  Many industries have been exploring the use cases of NFTs. To name a few, the entertainment and sports industry has begun to fully commit to the NFT market. Athletes, musicians, artists, and sports brands alike are all

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McDonald’s China Releases Big Mac Cube NFT Amid China Crypto Ban

McDonald’s China Released Big Mac Cube NFT The NFT is released to celebrate the 31st anniversary of McDonald’s in China McDonald’s, one of the world’s most famous and biggest fast-food chains in the world, enters the world of NFT. To be specific, In celebration of its 31st anniversary, McDonald’s China released its first NFT creative design called the Big Mac Rubik’s Cube. The Big Mac Cube NFT is a three-dimensional dynamic digital creative work inspired by the brand spirit of McDonald’s. Zhang Jiayin, CEO of McDonald’s China, explained: “McDonald’s is a young and trendy brand that has always paid attention

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Axie-Infinity-Reaches-2M-Players
NFT Gaming Craze Axie Infinity Reaches 2M Players Amid AXS Price Surge

Axie Infinity recently surpassed 2 million active daily players. The growth momentum was due to the game’s play-to-earn mechanic. AXS price also reached its all-time high due to the recent staking function. Popular NFT game Axie Infinity recently surpassed 2 million active daily players. The continuous rise was due to its play-to-earn mechanic, enabling players to receive SLP token and trade on crypto exchanges such as Binance. As the game’s Co-Founder Jihoz said, the game was able to achieve the milestone despite not being available on App Store and Play Store. At the moment, the game can only be accessed

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OpenSea NFTs Seeing Decline in Volume
OpenSea NFTs Seeing Decline in Volume Amid September Dump

Leading non-fungible token (NFT) marketplace OpenSea has witnessed a decline in the trade volume of digital assets sold on its platform.  As seen in the image above, only the top three NFTs, namely Loot, CryptoPunks, and Bored Ape Yacht Club have temporarily recovered. CrypToadz is also enjoying a green statistic as the 10th on the list. However, everything else is in the red. Nevertheless, OpenSea remains the top NFT marketplace, followed by the play-to-earn game Axie Infinity, according to DappRadar. The price and volume decline is also aligned with the recent crypto dump happening in September, which is widely known

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CryptoPunk Makes Waves Surpassing 1 Billion Transactions

CryptoPunks surpassed 1 billion lifetime transactions earlier today. The NFTs recorded $140 million in transactions over the last 24 hours. Also, CryptoPunks signed a Hollywood deal with UTA. CryptoPunks, the viral non-fungible token (NFT) sensation, is making waves, surpassing 1 billion lifetime transactions. According to Larva Labs, CryptoPunks recorded $140 million worth of transactions in the last 24 hours. Several factors have contributed to the spike in CryptoPunk interest. First, CryptoPunks are currently hot among Chinese investors. As a result, several leading Chinese tycoons have invested in the NFTs. In fact, some recent Chinese CryptoPunk buyers include Meitu founder Cai

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RIZIN to Launch NFT Marketplace on IOST
Japanese MMA Organization RIZIN to Launch NFT Marketplace on IOST

Japanese mixed martial arts and fighting organization RIZIN has announced the launching of its NFT marketplace. The official website “RIZIN Fighting Collection” is already up. According to an announcement, the NFT collection will be formally released by the end of the year. The marketplace will be using the IOST blockchain as well. While NFTs have existed back in the early days of crypto, they have become the driving force behind the space this year. In fact, various artists and notable personalities started their crypto journey through NFTs. Moreover, NFTs contribute a sizable number of transactions and trades within the entire

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OpenSea NFT Marketplace Dominates Ethereum Gas Consumption
OpenSea NFT Marketplace Dominates Ethereum Gas Consumption

OpenSea dominated gas consumption on Ethereum over the last few days. The NFT marketplace ranked first after generating over 600 ETH in fees. Also, OpenSea recently surpassed $1 billion in gross market volume. Non-fungible tokens (NFTs) continue to dominate the Ethereum network. To be specific, OpenSea, an NFT marketplace based on the Ethereum network, recently ranked first for gas use on the network. In fact, Open Sea accounted for 672.33 ETH in fees, of which 599.89 ETH was burned. The burn amount also accounted for about 15% of the total burn. To clarify, many blockchains conduct token burnings to help

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NFT Sales Volume Surpasses $2.5 Billion
NFT Sales Volume Surpasses $2.5 Billion in 2021

The total NFT sales volume has surpassed $2.5 billion so far in 2021. The most expensive NFT ever sold was worth $69.3 million. NFTs are unique just like human DNA. The sales volume of non-fungible tokens (NFTs) has recently exceeded the $2.5 billion mark so far in 2021, according to Reuters. The surge in volume is due to many buyers who speculate that their purchase will yield even more worth in the future. Others, meanwhile, buy the tokens due to their intrinsic quality. The meteoric rise is a surprise to many, given that the total NFT sales in the same

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Brazil National Football Federation to Launch NFT
Brazil National Football Federation to Launch NFT Fan Token

Brazil’s official football organization announced it will launch its own NFT tokens. Pre-sale and trading dates are yet to be determined. Prior to the deal, Bitci has already signed partnerships with other sports organizations. Confederação Brasileira de Futebol (CBF), the official football organization of Brazil, has recently partnered with Turkish blockchain firm Bitci. The partners will enable CBF to create official NFT fan tokens for the country’s national football teams. According to Sport Business, the collaborators will still be determining the pre-sale and trading dates of the said tokens. Also, CBF plans to list the tokens on different exchanges in

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My-DeFi-Pet
NFT Game My DeFi Pet Now Ready: Play and Earn DPET Tokens

My DeFi Pet, a blockchain NFT game, is now available to play worldwide. The platform has its own native token named DPET token. My DeFi Pet, the newest blockchain-based NFT game, is now available for all people worldwide to play. Interestingly, My DeFi Pet is a gameplay that enables gamers to collect, breed, evolve, battle, and do trading/socializing. Of course, all this is made possible with the help of blockchain technology. The team behind My DeFi Pet explained further: My DeFi Pet is the initiative for our vision of a mass-adoption blockchain game. The name encompasses the three characteristics of

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NFT-ART.Finance-Boost.
NFTART Boosts Price to Over +300%. Is It a Good Investment?

NFT-Art.Finance price surge to almost +300% in the past 24 hours. NFTART ranks as the second most visited and searched digital asset in CoinMarketCap. NFT-Art.Finance (NFTART), one of the newest cryptocurrencies in town, is now on fire as it hit a 24-hour growth rate of almost +300%. For this reason, NFTART is one of the most talked-about digital assets in the crypto space. Best of all, NFTART ranks as the second most visited and searched digital asset in CoinMarketCap. This made the team behind the NFART react: NFTART appreciated all the people in the crypto world that supported the project

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