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2023 Underground Art Market Report

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Author: AdsmithBroker

OpenSea NFT Marketplace Prepares to Onboard Millions to Web3 Space

OpenSea NFT marketplace is currently developing a 2.0 upgrade to enable users to seamlessly track digital collectibles from different blockchains. The mainstream adoption of Non-Fungible Tokens (NFTs) will significantly accelerate in the coming quarters fueled by improved infrastructure and heightened demand from institutional investors. Leading …

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January 15, 2024January 15, 2024 By AdsmithBroker

GameStop is shuting down its NFT marketplace |

GameStop, the video game retailer, is shutting down the NFT marketplace, 18 months after its launch. The retailer’s website shows a message to users informing them that it will be closing down next month. It has cited “the continuing regulatory uncertainty of the crypto space” …

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January 15, 2024January 15, 2024 By AdsmithBroker

Oh No, GameStop Is Closing Its NFT Marketplace

Image: Nintendo Life GameStop has announced that it has “decided to wind down” its NFT marketplace after initially launching in July 2022. As reported by Decrypt (thanks, VGC), users will be unable to buy, sell, or create NFTs as of February 2nd, 2024, with GameStop …

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January 15, 2024January 15, 2024 By AdsmithBroker

Artist Harold Cohen’s Pioneering A.I. Art-Making Software Will Be Revisited—and Revived—for a Museum Show

The late British painter Harold Cohen once joked that he could be the only artist to have a posthumous show of new work. He had after all created a generative art system, one so autonomous that it could theoretically produce work indefinitely, outlasting its maker. …

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January 15, 2024January 15, 2024 By AdsmithBroker

News Explorer — X Removes NFT PFP Feature for Paid Subscribers

Jan 10, 12:04 pm Techcrunch X Removes NFT PFP Feature for Paid Subscribers X has quietly removed the feature that allowed paid subscribers to set NFTs as profile pictures. The feature was originally launched in January 2022 but has now been removed from X’s Premium …

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January 15, 2024January 15, 2024 By AdsmithBroker

Digital art sales aren’t done. These Bitcoin artworks are going for thousands.

The landscape of art has invariably shifted over the last few years thanks to NFTs and the onset of digital artworks; for both art collectors and NFT enthusiasts, this boom has been both lucrative and contentious. But though the buzz may have ebbed, blockchain-supported art …

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January 15, 2024January 15, 2024 By AdsmithBroker

Gamestop to close NFT marketplace just 18 months after it opened

Sayem Ahmed   ❘   Published: 2024-01-15T10:22:48  ❘   Updated: 2024-01-15T10:23:00 Gamestop is set to close its NFT marketplace after just 18 months of operation, as shown on the company’s website. Gamestop’s alliance with NFTs is ending, as the company has announced on its NFT-focused …

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January 15, 2024January 15, 2024 By AdsmithBroker

NFTs were a crucial and defining factor of the crypto bull market in 2021, giving traders an accessible avenue to enter the booming cryptocurrency market.

Can OpenSea 2.0 Help Revive The Fortunes Of The NFT Market? – Crypto Daily Breaking News Published 14 minutes ago on January 15, 2024 Table of Contents NFTs were a crucial and defining factor of the crypto bull market in 2021, giving traders an accessible …

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January 15, 2024January 15, 2024 By AdsmithBroker

GameStop is closing its NFT marketplace after 18 months

GameStop has announced that it will be closing its NFT marketplace. The video game retailer announced in early 2022 that it planned to launch a marketplace for non-fungible tokens (NFTs) – this was then launched in July 2022. However, Decrypt reports that the marketplace’s website …

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January 15, 2024January 15, 2024 By AdsmithBroker

NFTFN to launch perpetual protocol platform for Bitcoin Ordinals

NFTFN, a Web3 infrastructure company, has said it is ready to introduce a perpetual trading platform designed specifically for Ordinals and Inscriptions. The company says the upcoming launch of this platform opens a realm of possibilities for traders, collectors, and enthusiasts to actively engage in …

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January 15, 2024January 15, 2024 By AdsmithBroker

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