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NFT

“Despite the positivity around NFT use cases, there’s a lot of distrust in the community—perhaps due to the anonymity of key artists and influencers, and almost certainly due to the scammers that circle like vultures and frequent rug pulls,” says PJ Cooper, founder of Pandimensional Trading Co., which is launching its own NFT collection later […]

Meta is working on plans to allow users to create and sell non-fungible tokens as Facebook’s parent company seeks to join the rush of companies trying to capitalise on the digital collectible craze.  Teams at Facebook and Instagram are readying a feature that will allow users to display their NFTs on their social media profiles, […]

On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ethereum for instant funds, Nexo is offering instant liquidity to NFT holders that don’t want to sell their NFTs. Nexo to Offer Loans for Bored […]

Digital actual property is on a tear. A plot of digital land within the on-line world generally known as Decentraland bought this week for a whopping $2.43 million, greater than double the earlier document set for the value of digital actual property. Decentraland is a well-liked on-line surroundings the place customers can alternate cryptocurrencies for […]