Crypto Collectibles

NFTs ‘ten times better’ than traditional art, says Beeple’s $69M NFT buyer

Nonfungible tokens are “ten times better than their physical counterparts”, according to digital art collector MetaKovan. The pseudonymous art patron, who was recently revealed to be blockchain entrepreneur Vingaresh Sundaresan, bought the NFT of Beeple’s “EVERYDAYS: THE FIRST 5000 DAYS” for $69 million dollars earlier this year. Explaining the motives behind his purchase in an …

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Smells like NFT spirit? Look Labs launches first digital fragrance

Look Labs, a contemporary beauty and lifestyle studio founded in Berlin, Germany, has launched the first digital fragrance encoded into a non-fungible token, or NFT, offering further evidence that the digital art craze continues to grow.  The fragrance is a digital version of the unisex Cyber Eau de Perfume, which was launched in October 2020 …

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NBA Top Shot leads NFT explosion with $230M in sales

Dapper Labs, the creator of the CryptoKitties game, is helping the National Basketball Association, or NBA, become a magnet for digital collectibles.  NBA Top Shot, a marketplace for non-fungible tokens, or NFTs, has generated over $230 million in sales, according to Dapper Labs. NBA Top Shot is built on Dapper’s Flow blockchain, allowing users to …

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Arcade classic Street Fighter II launches NFTs on WAX blockchain

Video game developer Capcom is the latest pop culture brand to enter the crypto collectibles space, launching a series of Street Fighter II-inspired NFTs on the WAX blockchain on Feb. 18.  The digital trading cards feature renderings of characters from the ever-popular arcade game, first released 30 years ago in 1991. DATE CONFIRMED: Official @StreetFighter …

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Rare Hashmasks Digital Artwork Sells for $650K in Ether

A demonic digital artwork on the Ethereum blockchain has been sold for a small fortune via peer-to-peer marketplace OpenSea. Selling for 420 ETH (roughly $650,000 at the time of purchase on Wednesday), the collectible non-fungible token (NFT)-based artwork is known as a Hashmask. The buyer, @seedphrase on Twitter, posted: The Hashmask platform, from Switzerland-based Suum …

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Bernie Sanders mitten memes immortalized in new NFT collection

Topps Digital released their latest line of NFT collectibles today, featuring Senator Bernie Sanders and his winter mittens as the subject of the promotional series.  The collectibles, dubbed “GPK Bernventures,” are digital packs containing two non-fungible tokens issued on the WAX blockchain. The card drawings are in the style of Topps’ long-running Garbage Pail Kids …

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Early CryptoPunk Digital Collectible Sells for $762K in Ether

Some rudimentary pixel art just sold for 605 ETH, or $761,889 at purchase. FlamingoDAO, a decentralized autonomous organization (DAO) for investing in digital collectibles, is behind Saturday’s eye-popping CryptoPunk sale. Only nine such “Aliens” exist in the CryptoPunk universe, which pioneered non-fungible tokens (NFTs) in 2017 and are the “Holy Grail” for an emerging class …

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Survey: There Is ‘Significant Room’ for the NFT Market to Grow Despite Widespread Lack of Knowledge Among People

<div class=”featured_image_container”> </div> <strong>A survey about non-fungible token (NFT) trends on crypto users revealed that 47% of correspondents had heard of NFT, and among these, 63% of them had only a basic understanding about it, while 57% of them had never used them.</strong> Survey Reveals Common User Has Just a Basic Understanding of NFT Market …

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Gotta collect ’em all: An overview of NFT marketplaces

Currently worth $100 million, the nonfungible tokens industry is changing how the ownership and authenticity of digital assets are perceived. Leading entities in the gaming and blockchain world are already experimenting with NFTs in all sorts of ways. However, the primary goal is to prove the authenticity and ownership of digital items, which had proven …

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Thirst Traps Explode on NFT Platforms, With Predictably Controversial Results

Sexy selfies and feminist GIFs are selling like hotcakes on non-fungible token (NFT) markets, but not everyone is thrilled about this trend.   Blockade Games co-founder Marguerite deCourcelle, who sold more than $160,000 worth of NFTs before the NFT craze really kicked off in August 2020, launched a cypherpunk self-portrait NFT in early September and said …

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