NFT News

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.

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Pudgy Penguins collection is sold out at Sotheby's
NFT News
Pudgy Penguins collection sold out at Sotheby’s

The new Pudgy Penguins NFT collection, “Snowed In: A Rare Pudgy Penguins Sale”, was sold out at a famous Sotheby’s art auction for nearly $129K. Ten penguins of the collection, including rare perks such as golden skin and additional egg, cost a new owner an average of $12.9K, way higher than the floor price on […]

01.12.2022 14:132 min read
NFT NewsEthereum
Ethereum NFT Marketplace Blur Launches With Free Airdrop for Traders

Blur, an NFT marketplace, has announced its formal debut and is giving away Care Packages containing its token $BLUR to anyone who has traded NFTs in the previous 6 months. Additionally, those who post an NFT on Blur during the next two weeks will be eligible for the airdrop. The airdrop is only available for […]

20.10.2022 10:061 min read
CoinShares NFT bot
NFT News
CoinShares Unveils Twitter Bot for Estimating Fair NFT Prices

Trading and digital asset investment group CoinShares has launched its Twitter NFT bot, designed to tell the users a fair price of NFTs based on a variety of factors. The bot uses the NFT price index constructed by CoinShares. It makes estimates based on data sets from the largest NFT marketplace, OpenSea. Moreover, the bot […]

14.10.2022 08:401 min read
Warner Music OpenSea
NFT News
OpenSea Becomes Official Partner of Warner Music Group

Warner Music Group announced that it has entered into a partnership with the NFT marketplace, OpenSea. The collaboration is supposed to increase Warner Music artists’ Web3 presence, including Madonna, Ed Sheeran, and Cardi B. As part of the deal, OpenSea will secure the artists an early place in the NFT marketplace future products. In addition, […]

30.09.2022 08:421 min read
NFT prices and trading volume
NFT News
NFT Prices and Trading Volume Shrinking

The NFT market isn’t immune to crypto winter either. According to Dune Analytics, weekly NFT trading volume has dropped by 98% since the beginning of the year. Currently, the trading volume amounts to some $114 million – a significant decrease from its $6.2 billion mark back in January. Trading volume saw an all-time $146 billion […]

29.09.2022 09:141 min read
Freemasons Argentina NFT
NFT News
Freemasons’ Lodge in Argentina Launching an NFT Collection

Masonic Grand Lodge in Argentina is launching the global Freemasons’ first-ever NFT collection. In total, the collection will consist of 77 NFTs, featuring imagery from Freemasons’ history and lore. Their square-and-compass symbol and checkered floor patterns, for instance, will be visible on the NFTs’ digital artwork. Even the number 77 is symbolic of having a […]

07.09.2022 10:061 min read
LG NFT marketplace
NFT News
LG Launches In-Screen NFT Marketplace

The electronics giant, LG Electronics, has unveiled its own NFT marketplace in the US. Named LG Art Labs, the marketplace is available to owners of LG screens operating with WebOS 5.0. It is accessed through the TV’s home screen and allows users to trade NFTs while sitting comfortably in front of the screen. Transactions made […]

06.09.2022 09:331 min read
FIFA World Cup NFT
NFT News
FIFA Announces 2022 World Cup NFT Platform

In anticipation of the 2022 World Cup, happening in November, FIFA has announced a platform for selling World Cup-themed NFTs to soccer fans. Named FIFA+ Collect, the platform will offer NFTs featuring memorable moments in the tournament throughout soccer history. FIFA+ Collect runs on the Algorand blockchain. Algorand is a proof-of-stake blockchain and an official […]

05.09.2022 09:591 min read
Bill Murray NFT
NFT News
Bill Murray’s Wallet Hacked for $170,000 Following a Charity Auction

After a charity auction where an NFT inspired by the life of Bill Murray was sold, the famous actor’s digital wallet was hacked for almost 110 Wrapped Ethereum (wETH), or some $174,000. The exclusive NFT was sold on Coinbase, raising 119 wETH ($185,000). After the auction, the attackers most likely planted a dangerous link that […]

05.09.2022 09:041 min read
Bored Ape on Cameo
NFT News
3D Bored Ape Gives Advice on Cameo

A Bored Ape from the Yacht Club is now on Cameo! The ownership of the venture capitalist, Adam Draper (also known as the son of the billionaire investor, Tim Draper), this Ape NFT is animated and provides advice on life difficulties to Cameo users. Cameo is a service that enables fans to pay celebrities to […]

02.09.2022 09:461 min read
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