Category: nft

‘Kia Sedona’ NFT sale goes belly up as contractor allegedly runs off with $3 million

‘Kia Sedona’ NFT sale goes belly up as contractor allegedly runs off with $3 million

There have been all sorts of swindles, scams and rug pulls in the rapidly developing market for non-fungible tokens, or NFTs. But this one stands out as rather peculiar. For a start, the NFT sale itself was quite strange. The whole idea was based around a recent meme on crypto Twitter, that of the Kia […]

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An overview of NFT fractionalization protocols

An overview of NFT fractionalization protocols

Quick Take “The Doge NFT” is currently the most valuable fractionalized NFT with an implied valuation of $158 million There are currently two ways to fractionalize NFTs: fractionalizing a single NFT or homogenizing multiple similar ones Fractionalizing NFTs helps create liquidity that facilitates price discovery and democratizes NFT ownership This research piece is available to […]

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Nifty News: Here is the NFT That Was Exchanged for a Tesla Roadster

A popular YouTuber, Dan Markham has revealed that he has traded one of his favorite Tesla Roadsters for something many may consider very dumb, a Non-Fungible Token (NFT). While many may not understand the choice of an NFT, the choice of the digital collectible, one of Gary Vee’s collections, – an epic positive Porcupine – […]

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Former OpenSea exec’s NFT trading did not break the law, but it could provoke regulators

Former OpenSea exec’s NFT trading did not break the law, but it could provoke regulators

Quick Take OpenSea says it is implementing new procedures after a now-former executive was caught trading NFTs with inside knowledge.  While legal sources say the actions didn’t break the law, it could draw the ire of regulators who are already applying heavy scrutiny to the industry.  On Thursday, OpenSea said that Nate Chastain, former head […]

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Singaporean Cricket Foundation Launches World’s First Cricket Exclusive NFT Marketplace

Singaporean Cricket Foundation Launches World’s First Cricket Exclusive NFT Marketplace

Cricket Foundation, a Singapore-based blockchain-based platform built by the cricketing community, has just announced the launching of the world’s first cricket-focused NFT marketplace — CricketCrazy.io. The digital marketplace, which goes live today, houses over 50 unique moments from cricket history worth more than $200,000. On each day, CricketCrazy will add 5 NFTs (non-fungible tokens) featuring […]

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Layer by Layer Issue 7: Update on Solana, Binance Smart Chain, Cosmos, Terra, and Arweave

Layer by Layer Issue 7: Update on Solana, Binance Smart Chain, Cosmos, Terra, and Arweave

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding Layer 1 blockchain foundations continue to release incentive programs to attract users and developers, with a flurry of launches in the past month […]

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OpenSea confirms executive used insider knowledge when buying NFTs

OpenSea confirms executive used insider knowledge when buying NFTs

One of the non-fungible token (NFT) space’s biggest marketplaces has admitted that a senior employee has been getting the drop on its most popular drops. Twitter users last night accused Nate Chastain, head of product at OpenSea, of using secret Ethereum wallets to snap up the platform’s front-page NFT drops before general release. Citing transactional […]

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Dapper Labs and Flow Blockchain to Get a Boost From Big Tech as Studio Partners With Google

Dapper Labs and Flow Blockchain to Get a Boost From Big Tech as Studio Partners With Google

Google is joining forces with the blockchain firm Dapper Labs in order to help bolster Web3 development, blockchain gaming, and non-fungible token (NFT) technology. The blockchain company’s CEO Roham Gharegozlou tweeted about the deal on Tuesday noting that the firm was “amped to welcome Google to the Flow blockchain.” Google to Collaborate With Dapper Labs […]

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