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    South Korean Entertainment Giant Dreamus Embraces NFTs for K-Pop Tickets

    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

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    NFT Collector: William Mapan explains generative art using a crayon and dice

    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

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    Rolling Stone Calls NFTs “Totally Worthless,” Sparks Diverse Community Reaction

    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

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    Nearly 95% of NFTs are now worthless, report says

    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

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    The NFT Bubble Has Officially Burst: Over 95% of NFT Collections Have Zero Value

    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

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    NFTs are ‘totally worthless’ says mainstream media, community responds

    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

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    Honda to launch NFTs at Japanese Formula 1

    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

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    Major NFT Marketplaces Remove Mila Kunis’ Stoner Cats Following SEC Charges

    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

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    Magic Eden adds support for Solana-powered compressed NFTs 

    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

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    Magic Eden integrates Solana’s compressed NFTs into marketplace

    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

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    Rachel Lin, CEO of SynFutures, on DeFi, Decentralized Derivatives Trading, and NFT Futures | Ep. 265

    In an exclusive interview with cryptonews.com, Rachel Lin, CEO and Co-Founder of SynFutures, talks about the recent trend of well-known TradFi players entering the crypto space, removing unnecessary intermediaries in TradFi, and the potential to power the unbanked and underbanked. About Rachel Lin Rachel Lin is the CEO and Co-Founder of SynFutures, a decentralized derivatives […] More

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    NFT Fantasy Soccer Games Coming to US and Canada Courtesy of LaLiga and GameOn

    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

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