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2023 Underground Art Market Report

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Category: NFTs

Gala Music Gives Artists Full Control, Syncs with Fans Globally

Since its inception in March 2023, Gala Music has been reshaping the music landscape via its GalaChain blockchain, giving artists the power to manage their creations and engage directly with fans. The platform delivers exclusive experiences and merchandise offerings. By incorporating blockchain technology, smart contracts, …

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February 13, 2024February 13, 2024 By AdsmithBroker

Crypto developers introduce rival ERC-404 implementation called DN-404

A group of crypto developers released their alternative implementation of the experimental ERC-404 token standard in a bid to achieve the same results in a more efficient way. The ERC-404 token standard was launched on Feb. 2 by the Pandora team, with the goal of …

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February 13, 2024February 14, 2024 By AdsmithBroker

How Afronifty Leveraged The Rise of Afrobeats To Become The Largest NFT Marketplace in Africa.

When Afronifty launched in September 2021, the crypto market, valued at almost $3 trillion, was at its peak. The Non-Fungible Token (NFT) Marketplace had a niche mission that was in equal parts ambitious and auspicious for the blooming crypto market: to utilize blockchain technology for …

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February 13, 2024February 13, 2024 By AdsmithBroker

Why Solana’s new token extensions are a ‘game-changer’ for NFTs

A new token extension lets Solana developers incorporate metadata natively into NFTs. The development disrupts Metaplex’s monopoly, says a Solana infrastructure developer. The new token extensions could help Solana NFTs catch up to those on other blockchains like Ethereum. Solana recently rolled out 13 new …

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February 13, 2024February 13, 2024 By AdsmithBroker

New Ethereum Token DN404 Rivals ERC-404 in Fractional NFTs

Barely a week after ERC-404 emerged on the blockchain scene — introducing a new phase of fractional NFT ownership — a rival token protocol dubbed ‘DN404’ (Divisible NFT) is stepping into the spotlight. Yesterday, on February 12, the token’s enigmatic programmer known as ‘cygaar’ — alongside …

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February 13, 2024February 13, 2024 By AdsmithBroker

A Beginner’s Guide to the ERC-404 Token Standard

One thing is a constant in life, and that is change. You can also apply this to the crypto space. For instance, there was a recent addition to the ERC token standard family. It’s the ERC-404, and it’s an experimental, semi-fungible token. It combines fungible …

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February 13, 2024February 14, 2024 By AdsmithBroker

Shiba Inu Coin: Shytoshi Kusama Unveils Shiboshi Debut, What’s Next?

Story Highlights Shytoshi Kusama unveils the upcoming launch of Sheboshi NFTs. The Sheboshi collection is all set to be poised next to the Shiboshi collection. Shiba Inu price soars, falling in line with recent advancements. In a recent gust of noteworthy breakthroughs, Shiba Inu, a …

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February 13, 2024February 13, 2024 By AdsmithBroker

Watch out ERC-404, there’s another hybrid NFT standard in town

Share: Only a week after the launch of ERC-404 — an unofficial Ethereum standard created to blend the functions of fungible and nonfungible tokens (NFTs) — another team of developers claims to have done it better with “DN404.” The “Divisible NFT” standard, like its ERC-404 …

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February 13, 2024February 13, 2024 By AdsmithBroker

Watch out ERC-404, there’s another hybrid NFT standard in town

Only a week after the launch of ERC-404 — an unofficial Ethereum standard created to blend the functions of fungible and nonfungible tokens (NFTs) — another team of developers claims to have done it better with DN404. The “Divisible NFT” standard, like its ERC-404 rival, …

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February 13, 2024February 13, 2024 By AdsmithBroker

Unveiling Quik Exchange: A New Dawn in SEI NFT Trading | NFT CULTURE | NFT News | Web3 Culture | NFTs & Crypto Art

In the ever-evolving world of Non-Fungible Tokens (NFTs), Quik Exchange has emerged as a beacon of innovation, setting the digital stage on fire with its launch. Just six hours post-launch, the platform astonishingly listed almost 3,500 NFTs, witnessing hundreds of transactions. This marks a significant …

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February 12, 2024February 13, 2024 By AdsmithBroker

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