Judge Dismisses Case Against Creator of Quantum – the First NFT

The case involving “Quantum” is an example of how blockchain technology protects the rights of digital artists. Canadian company Free Holdings will not get the chance to go to court over the first-known NFT on record.  That’s because Judge James Cott, a magistrate judge for the U.S. District Court, has dismissed the case. Indeed, the … Read more

Exclusive “The Starry Night Licensed NFTs” To Release In 3D and Augmented Reality on ElmonX

One of the world’s most famous paintings – The Starry Night releases as an NFT 26th March on ElmonX. London, United Kingdom, March 23, 2023, ElmonX, formerly Vtail, has once again caught the attention of everyone following the NFT Sector with the news of their impending release of the spectacular The Starry Night NFT Collection, … Read more

Magic Eden Launches Bitcoin NFT Marketplace

Two months after the launch of the Ordinals project, Bitcoin NFTs continue to see increased adoption. Currently, there are over 568,000 inscriptions as more popular NFT projects jump on the Bitcoin chain to mint their unique collections. Now to aid with listing, purchasing, and selling these Ordinal NFTs, Magic Eden has launched a Bitcoin NFT … Read more

Get Ahead of the Game with NFT Indexers: A Beginner’s Guide

NFT indexers are becoming increasingly popular among NFT collectors and traders, as they provide valuable information on the prices and availability of NFTs. In this article, we will discuss what NFT indexers are, how they work, and why they are essential for beginners to succeed in the world of NFTs. What are NFT indexers? NFT … Read more

SVB Collapse Paralyses NFT Market

NFT traders are reeling from the SVB crash, which hit the industry hard. There’s nothing like an unexpected catastrophe to kill the buzz. Indeed, following the FTX black swan event, we’ve been dealing with another cataclysmic episode thanks to Silicon Valley Bank (SVB). In fact, NFT trading volume had its worst day of the year … Read more

Playboy Suffers $4.9 Million Loss On NFT Payments

A recent filing to the US Securities and Exchange Commission (SEC) indicates that Playboy suffered a significant loss following a drop in the value of payments received for its NFTs. The losses result from the Ether (ETH) the company received after selling its “Rabbitars” NFTs. These non-fungible tokens were launched back in 2021, when the … Read more

Doodles Not an NFT Project, Says Co-Founder

The comments from Doodles co-founder Jordan Castro are sparking controversy among collectors. Doodles co-founder Jordan Castro’s recent comments are raising a few eyebrows. Doodles is one of the most successful NFT projects of all time. According to Coin Market Cap, the project is ranked 9th in the most traded NFT collections the last 30 days. Yet, … Read more

More Problems for Solana as Formfunction Announces Closure

Solana-based NFT marketplace Formfunction is set to shut down on March 29 after only 13 months of operation, amid a slump in Solana NFT prices and trading volumes. The decision to close the platform was reached after much discussion and careful consideration, although the specific reason for the closure was not disclosed. Formfunction’s head of … Read more

Beeple Unveils Revolutionary Digital Art Space to Cultivate NFT Artist Community

Renowned digital artist Mike Winkelmann, widely known as Beeple, has recently launched a groundbreaking digital art facility, Beeple Studios. This 50,000-square-foot establishment aims to foster a sense of community among non-fungible token (NFT) artists and enthusiasts. Beeple gained international recognition in March 2021, when his NFT artwork “Everydays: The First 5,000 Days” sold for a … Read more

ftNFT Opens Second Physical NFT Store 

Following the success of its first store at the Mall of the Emirates, ftNFT is opening another real-world NFT shopping experience at the Dubai mall. NFT enthusiasts can now walk in, purchase, and take home their own unique digital collectibles knowing they possess a piece of artwork like no other.  Furthermore, artists can easily share … Read more