NFT Sales Grow For The First Time In 7 Months

Up until November, NFT sales have been on a steady decline, with each month recording a new low. However, this all changed in November when sales grew by over $70 million, according to CryptoSlam. What makes the growth more impressive is the preceding market conditions. Earlier last month, FTX imploded, leaving carnage in its wake, … Read more

Web3 Community Excited Following Porsche NFT Collection Announcement

Web3 proponents are buzzing following the announcement of the Porsche NFT collection. The automaker is the latest reputable company to jump on the NFT bandwagon. Porsche is following in the footsteps of other top brands like Nike, Gucci, and Coca-Cola that seek to complement their physical offerings with digital equivalents. According to a company statement … Read more

XRP NFTs Gain Popularity After One Piece Sells for $44,000

The XRP ledger, or Ripple, is known for many things but not for its NFTs. However, the platform recently gained notoriety within the NFT community after one of its XRP NFTs sold for $44,000. This is an impressive achievement for a platform that is trying to get its footing in the trending NFT space. The … Read more

Yuga Labs Faces More Investigation Amid SEC Probe

Things are not looking so rosy for Yuga Labs, Inc., the company behind popular NFT collections. The company is under investigation by Scott+Scott Attorneys at Law LLP following the crash of its assets over the past few months. Yuga Labs, Inc. is behind 5 of the top 6 NFT collections by market cap. These include … Read more

Startup Wins The Race To Launch The ApeCoin NFT Marketplace

A small startup has won the race to launch the ApeCoin NFT marketplace that specifically caters to the Ape community. The startup, Snag Solutions, is run by two individuals who are former DoorDash employees. They were up against established and well-funded startups such as Rarible and Magic Eden. However, their proposal to build the marketplace … Read more

An introduction to Wenew Labs NFTs

Wenew Labs is an important player in the NFT space. It was co-founded by world-famous artist and designer Beeple, Michael Figge, Guy Oseary, and Tim Smith. Yuga Labs has recently acquired the company.  Wenew Moments NFTs One of the early initiatives of Wenew Labs was Wenew Moments, a platform where creatives could turn historical moments into digital collectibles. In a … Read more

Saudi Arabia NFT Collection Jumps In Price Following Win Over Argentina

Saudi Arabia themed NFT collection dubbed The Saudis saw a massive jump in price after the national team beat Argentina. The team won their group opener 2–1, marking one of the largest upsets in World Cup history. The win is also the most significant result the Arabian nation has achieved in the history of the … Read more

NFT Membership Models Explained

NFT membership models use blockchain technology to verify asset ownership and grant the owners exclusive rewards or other benefits. Because NFTs are tradable assets in secondary marketplaces, in most cases, you can sell your NFT to someone else when you no longer need the membership.  Web3 businesses use NFT-based memberships in a variety of ways.  NFTs as … Read more

Mattel Joins The NFT Bandwagon With Its Own Collection

Mattel, a renowned toy company, is the latest giant to jump on the NFT bandwagon with its own collection. The NFTs are accessible through Mattel’s own NFT marketplace, dubbed Mattel Creations.  The move comes as more top companies seek to establish themselves in the metaverse. According to a company statement, the NFT marketplace is designed … Read more

Johnnie Walker To Issue Redeemable NFTs Through BlockBar

Scotch whisky brand Johnnie Walker is set to release redeemable NFTs on BlockBar to celebrate a cultural moment for the arts. The event will take place in Miami on December 1 and allow participants to connect and learn about other cultures. In a press release, Johnnie Walker confirmed that it had teamed up with streetwear … Read more