Is the NFT market collapsing?

An article in the Wall Street Journal about a study by the NFT market analysis platform Nonfungible makes the claim that the entire NFT market is on the verge of collapse. They came to this conclusion because there has been a 92 percent drop in NFT sales since September 2021. What happens? These three words … Read more

Yuga Labs buys CryptoPunks and Meebits from Larva Labs

DThe purchase price remains undisclosed, but it is likely to be astronomically (crypto) high: Yuga Labs, the company behind the NFT collection “Bored Ape Yacht Club” (BAYC), which is particularly popular among celebrities, has products from the pioneer in the blockchain -Art Market and bought the rights to “CryptoPunks” and “Meebits” from LarvaLabs. Larva Labs, … Read more

A new NFT hype? The tokenization of photographic art

NFTs have changed the way artists work and the rules of the art market. NFTs are also and especially in the field of photography, which alongside collectibles, digital art and member brands like Bored Ape Yacht Club takes a back seat in the media excitement, NFTs are increasingly unleashing their potential. The fact that interest … Read more

NFT art in Ukraine: cryptocurrency for reconstruction – culture

One of the rather harmless absurdities that the spirit of the times has produced in recent months is the belief that one can get rich by trading in grotesque cartoon images. We are of course talking about so-called Non-Fungible Tokens (NFT). These were mainly generically produced image collections like those from the particularly popular Bored … Read more

This NFT sector is the most undervalued

Spotify, Universal, Meta, Coinbase, Twitter, Ebay, GameStop, etc .: The list of world-renowned companies working with NFT business models is huge. New marketplaces, some with a particular industry or topic focus, such as GameStop, ensure significant infrastructure expansion. On the other hand, JPEG images without context, history or strong branding hardly have a chance in … Read more

LimeWire launches comeback with NFT marketplace

With the return of LimeWire, the creative industries could finally be on track to curb copyright infringement and intellectual property theft. New innovative Web3 music streaming platforms and communities are emerging. In March 2022, the well-known peer-to-peer (P2P) file-sharing platform LimeWire announced its comeback. The platform now maintains an NFT marketplace. On March 9, 2022, … Read more