NFTs, or non-fungible tokens, are digital identifiers that certify the ownership of goods, mostly digital files such as photos, videos, or audio. They are unique representations of these goods, meaning that each NFT is unique.
They differ from crypto in that ordinary tokens are fungible, i.e. if you trade a certain amount of such tokens for the same amount, you wouldn’t gain nor lose value. However, you wouldn’t be able to do the same with non-fungible tokens, as you can’t replace any NFT with an identical one due to the simple fact it doesn’t exist.
NFTs are quite popular and have recently earned their creators anything from a few dollars to millions. If you want to see NFTs explained in much greater detail, follow our news to learn about upcoming events, projects, and market trends. And for NFT mint events, when non-fungible tokens are created and made available for purchase, there’s the TradeCrypto NFT mint calendar.
🚀🐸 Bitcoin Frogs on Ordinals dominate the market! 📈🌟 Surpassing BAYC, the collection raised $2.2M in 24 hours! Don’t sleep on Bitcoin! 😮💥
Mad Lads NFTs on Solana are killing it 🤑 with $15M+ in trades. Co-founders of Coral and Backpack, these guys know their stuff! 🚀
Sotheby’s is selling rare NFTs from bankrupt hedge fund 3AC’s Grails Collection. Get ready to bid on some amazing digital art! 🎨💰
Trump defies indictment to launch Series 2 of his NFT collection on Polygon! Buy 47 tokens+ for a chance to dine with him at Mar-a-Lago! 🃏💰🍽️
All-time tops conquer Ordinals protocol. 🚀 This 300-piece generative art collection will be inscribed onto satoshis. Driving Bitcoin or driving nuts?🐒
Blur blows OpenSea💥, NFTs are flipped like DeFi tokens. Is the NFT market 🚀 growing, or is it just a game of whales?🐋
Here we go with Spacers NFT Collection contest results! We’re excited to announce the four lucky winners, who will each receive a Spacer pod NFT with a TradeCrypto patch. Thank you to all of the participants who entered the contest and purchased Spacers and equipment. We hope you had a blast on this one-of-a-kind journey […]
New research by hildobby, an anonymous data analyst for DragonFly and Dune, has shown that up to 80% of trades in January 2022 were wash trades. As you can see from Dune Analytics’ data table, the record increase in turnover in January this year was due to interest in NFTs and wash trades. January trading […]
According to the class action lawsuit, Yuga Labs and Bored Ape Yacht Club executives failed to disclose their connections to celebrities promoting the NFT project, violating state and federal laws. Related: Crypto Digest From TradeCrypto.com #179 After a series of investigations into Yuga Labs. Scott+Scott law firm filed lawsuit in the U.S. District Court’s Central District […]
NFT sales in November rose for the first time in seven months to $568.19M, despite the sharp decline in the overall crypto market caused by the FTX collapse. Over the past 30 days, NFT sales have been 22.37% higher than October’s sales. According to CryptoSlam NFT Global Sales Volume Index, November sales grew 13.2% in […]