Unlike bitcoin, which can be sold almost immediately, the NFT industry is more liquid. It can take months for someone to buy another user’s NFT. This challenge brings about the need for financial instruments in the NFT industry. Also,...
The Non-Fungible Token (NFT) space has evolved beyond the point where users hold the tokens for speculative purposes, trade them, or use them in native ecosystems. NFTs are typically used in their native ecosystems. For example, NFTs can be...
What are NFTs? A Non Fungible Token (NFT) is a unique asset on a blockchain network. NFTs are non-fungible as they are unique and are not interchangeable, unlike cryptocurrencies where each unit of a given coin is the same...
The Non-Fungible Token (NFT) space is buzzing with activity. Musicians are minting their songs, albums, and collectibles as tokens and selling them off to their fans. Artists are turning their masterpieces into NFTs and auctioning them on marketplaces like...
Non-Fungible Tokens (NFTs) are disrupting several sectors with their innovations. Companies like Nike are attaching NFTs to their products, as a way of buyers identifying if they are genuine or not. With CryptoKicks, users can check if a pair...
If the hype around NFTs turns out to be accurate, they are set to disrupt the art world, altering not just how art is purchased and sold, but also what type of art we appreciate and which artists. NFTs...
The NFT realm seems to be a strange place, as a 22-year Indonesian student has made over a million dollars selling NFTs of his selfies. Sultan Gustaf Al Ghozali took his selfies and tokenized them into NFTs on the...
SolChicks, the leading Play-to-Earn (P2E) game on the Solana blockchain, has announced Binance NFT as its exclusive partner for its upcoming SolChicks NFT mint. The 3rd wave, which is also the final wave of the genesis SolChicks NFT mint,...
The sudden general spike of interest in NFTs, especially in 2021, has encouraged the creation of more NFT projects on various blockchains like Ethereum, Solana, Cardano, and the likes. As of the time of writing this, NonFungible reports that...
In a bid to celebrate the 50th National Federation Day, a UAE postal operator issued NFT stamps to residents. This goes to show that different authorities are seeing the need to use Non-Fungible Tokens for varying purposes. The UAE...
