Earlier today, the owner of the non-fungible token CryptoPunks #6046 declined a bid of $9.5 million dollars in Ethereum (ETH), which would have been the highest on-chain NFT transaction to date. The bidder, who goes by an ENS of poap.eth, placed the record-setting bid after the CryptoPunks owner tweeted: “My punk is not for sale.…
NFTs have been live on the Cardano network for a while. Before smart contracts capability had debuted on the network, users were able to mint and sell NFTs without needing a smart contract address. This has been one of the pulls towards the network and users have taken full advantage of this capability to trade…
The release of smart contracts capability on Cardano has brought with it some interesting projects. Cardano had revealed multiple partnerships over the course of its two-day Cardano Summit. These projects aimed at increasing utilizing the capability of the blockchain to its fullest potential. But before smart contracts had debuted on the platform, non-fungible tokens (NFTs)…
Bookblocks.io, an NFT company has partnered with a New York-based company, Women for Afghan Women to help women in Afghanistan have access to education. Under the new Taliban-run government, women in Afghanistan have had their rights to education restricted by the fundamentalist militants. Since this development, Afghan women have taken to the streets to protest. Over a…
Mastercard, a multinational financial services corporation, has jumped on the NFT bandwagon. Non-fungible tokens (NFT) have continued to gain popularity among mainstream industries. The most recent addition to the NFT world is the global payments leader. Related Reading | Visa Describes NFTs As Promising Means To Engage With The Fans On Thursday, September 16, the company announced that…
A couple of weeks ago, a hacker with a heart of gold sold a fake Banksy NFT for 100 ETH and then gave the money back. They advertised the auction through Banksy’s official site. If the NFT was fake, someone hacked that site. Which seemed unlikely. Also, there is the issue of the alias that…
Legendary Hong Kong director Wong Kar-Wai will be minting an “In The Mood For Love” NFT soon. Revered fine art auction house Sotheby’s will broker the deal. The NFT will contain never-before-seen footage from the first day of filming. How rare does that make it? Considering “In The Mood For Love” is one of the…
Following the launching of an NTF marketplace by FTX crypto exchange, the price of FTT hit a new all-time high. FTT is the native token of the FTX crypto trading platform. As FTX crypto exchange launches its NFT marketplace for us residents, the native token FTT on Tuesday hits $83. This is a new all-time…
Visa now makes a full head plunge into the NFTs following its evaluation of the technology behind the assets. The global payment giant described NFTs as having the potential to serve as the engagement medium for fans. Visa made this description through its recent whitepaper publication. The publication suggests that Visa sees non-fungible tokens as…