The ‘Upside’ of NFTs | Lisa Ray’s digital art platform, TheUpsideSpace, promises a curated experience

[ad_1] Lisa Ray has added another tag to her already long list, that of actor, model, author, philanthropist and social activist. She is the force behind the recently-launched curator-led digital art and NFT (non-fungible token) platform, TheUpsideSpace — which brings to the centerstage a new generation of artists from South, East, and West Asia. Ahead of […]

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The rise of sports NFT trading cards: How they are changing the collectible experience

[ad_1] The collectible craze has gone digital, and the sports world is no exception. The intersection of blockchain and non-fungible-tokens (NFTs) has allowed for a new wave of collectibles to emerge, taking advantage of the immutable nature of a blockchain ledger to create digital scarcity, transparency and trust in each unique card or token. These […]

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Why is NFT market declining in 2022: We give you five reasons

[ad_1] The world of non-fungible-tokens (NFTs) has plunged after the initial hype that followed their rise in popularity. Many NFTs fell sharply in value, prompting some to question their long-term viability. This was due to a combination of factors, but primarily because of the sell-off in digital assets in the last three months. On the […]

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OpenSea won’t support Proof-of-Work (PoW) NFTs after ‘The Merge’

[ad_1] Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) is hitting the NFT industry hard. OpenSea, the world’s largest marketplace has announced that it won’t support any PoW-based NFTs. The upgrade ‘The Merge’ is all set to change the working of the blockchain, to make the Ethereum blockchain less energy intensive. It will take place […]

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Meta now allows users to post their NFTs on Facebook and Instagram

[ad_1] Meta (formerly Facebook) announced that it is allowing Facebook and Instagram users the ability to post non-fungible-tokens (NFTs). This will enable people to connect their digital wallets once to either app to share their digital collectibles across both. To post a digital collectible, all you need to do is connect your crypto wallet to […]

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NFTs worth $100 million stolen in past year, Elliptic says

[ad_1] Thieves stole over $100 million worth of non-fungible tokens in the year to July, blockchain research firm Elliptic said on Wednesday, as the fast-emerging digital asset became a new front in crypto’s hacking problem. NFTs are blockchain-based assets that represent digital files such as images, video or text. The market surged in 2021 as […]

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Epic Games won’t ban the use of NFTs in games, says CEO Tim Sweeney

[ad_1] Epic Games CEO Tim Sweeney tweeted that the company doesn’t have any plans of banning non-fungible-tokens (NFTs) from its games. This comes as Microsoft-owned Minecraft announced that it will soon ban the use of NFTs on community-run Minecraft game servers. “Developers should be free to decide how to build their games, and you are […]

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GameStop launches NFT marketplace amid crypto market turmoil

[ad_1] GameStop today launched its non-fungible-token (NFT) marketplace to allow gamers, creators, collectors and other community members to buy, sell and trade NFTs. This comes as the crypto market crashed amid a massive sell-off by investors and heightened inflation fears and pausing of withdrawal by crypto lending service Celsius and Vauld. The company’s marketplace is […]

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At Digital Pratik’s ‘JorrDaar’ event, the only way in is an NFT ticket

[ad_1] About 25 km away from Ahmedabad airport, hundreds of NFT collectors gathered as blue and white lights swept across the banquet hall at Club 07. But it wasn’t exactly a wild crowd. Most people remained seated, calm and composed. Others stood still, silently observing the stage. All of a sudden the crowd erupted in […]

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How Seth Green recovered his stolen Bored Ape NFT by spending $300K

[ad_1] American actor Seth Green reclaimed his stole bored ape avatar NFT by spending over $300,000. The actor announced on a Twitter Space chatroom that his much-loved Bored Ape #8398 finally “came back home.” Green is an actor, producer, writer and director. His film debut came with a role in the comedy-drama film The Hotel […]

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