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

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

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 their […]

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

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

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 new […]

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

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

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 world’s […]

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

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

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 on […]

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

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

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 Instagram. […]

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

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

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 crypto-rich […]

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

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

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 free […]

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GameStop launches NFT marketplace amid crypto market turmoil

GameStop launches NFT marketplace amid crypto market turmoil

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 a […]

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

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

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 cheers […]

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

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

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 New […]

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