NFT News

Source: Adobe / coffeemill South Korean entertainment and events company Dreamus, a subsidiary of SK Planet, is breaking into blockchain by offering NFT ticketing services through its parent company’s rewards app. The app lets fans purchase tickets for various events, including K-pop concerts and other shows, in the form of Avalanche NFTs on SK Planet’s […] More

Generative artist William Mapan’s latest collection, “Distance,” sold out in less than 24 hours despite launching in the middle of a very weak NFT market. From his early long-form generative series “Dragons” on the Tezos blockchain to the highly sought-after “Anticyclone” ArtBlocks collection that currently commands a 5 ETH floor, Mapan has a unique way […] More

Pixabay A new report shows that 95% of mainstream non-fungible tokens (NFTs) have recorded plunging values with many now almost worthless. On Sept 20, media outlet Rolling Stone highlighted a report by dappGambl  “Dead NFTs: The Evolving Landscape of the NFT Market” an analysis that explains why most NFTs have dropped in values without posting […] More

Almost 70,000 collections of NFTs now have no market value, dappGambl estimated in a recent report. The non-fungible tokens (NFT) market is going through hard times, as 69,795 out of 73,257 digital collections have a market cap of 0 Ethereum (ETH). According to a report by dappGambl, only 20% of the identified collections have full […] More

Source: Adobe / slasnyi Non-fungible tokens (NFTs), once the darlings of the digital art and collectibles world, are facing a harsh reality check. According to a recent study conducted by Web3 review website dappGambl that used data from crypto tracking sites CoinMarketCap and NFT Scan, more than 95% of NFT collections are now effectively worthless. […] More

A community member highlights the drastic shift in mainstream media narrative, sharing a previous article promoting the Bored Ape Yacht Club NFT collection. News Join us on social networks Mainstream media outlet Rolling Stone has declared that nonfungible tokens (NFTs) are “finally totally worthless,” citing the results of a dappGambl study on the “evolving landscape’ of […] More

In celebration of its Formula 1 legacy, Honda Motor Co plans to distribute special edition NFTs to fans during upcoming races in Japan. According to a recent Animoca Brands announcement, the Formula 1 Honda & Red Bull Welcome Event in Tokyo on Sept. 20, Honda will distribute limited-edition NFTs to all attendees. Fans must enter […] More

Source: Stoner Cats / Twitter Major NFT marketplaces, including OpenSea, Blur, and Rarible, have taken down the Stoner Cats NFT project following charges filed by the United States Securities and Exchange Commission (SEC).  The Stoner Cats NFTs, initially sold in 2021, have been available for trading across almost all major NFT trading platforms.  However, as of now, OpenSea and Blur no […] More

The Magic Eden non-fungible token (NFT) marketplace has expanded its support for compressed NFTs (cNFTs) — a new system of NFT creation powered by Solana. This strategic decision offers creators a cost-efficient solution for their digital collectible minting, the company explained. Magic Eden, which recently welcomed BRC-20 tokens to its multi-chain platform, announced its support […] More

NFT marketplace Magic Eden believes that lowering the costs in NFT production creates an “easy access point” for new users to try NFTs. News Join us on social networks Nonfungible token (NFT) marketplace Magic Eden has announced that it will support Solana’s compressed NFTs (cNFTs) to provide a cost-efficient and scalable alternative to owning digital […] More

Source: gameonfanapp / Twitter Fantasy sports platform GameOn has partnered with the Spanish football league LALIGA to develop Web3 games for players in the US and Canada. GameOn announced its deal with LALIGA North America on Wednesday. According to the press release, the tech company will launch fantasy games based on real-world LALIGA players and […] More