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2023 Underground Art Market Report

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Category: NFTs

NFT Prices Tumble As Crypto Investors Place Big Bets On Bitcoin And Ethereum ETFs

In a market dominated by optimism surrounding the price spikes of Bitcoin (BTC) and Ethereum (ETH), the non-fungible token (NFT) market has seen a decline in popularity. NFTs, which include digital artwork and collectibles recorded on blockchains, have recently experienced a notable loss of appeal.  …

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June 12, 2024June 12, 2024 By AdsmithBroker

The Rise of Non-Fungible Tokens (NFTs): Spotlight on Flow (FLOW)

Delving into the world of digital collectibles reveals a transformative market powered by blockchain technology. This article explores the rise of non-fungible tokens (NFTs) through the lens of Flow, a platform that’s reshaping how we view digital ownership and creativity. Apart from being a digital …

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June 11, 2024June 12, 2024 By AdsmithBroker

NFTs Fail to Regain Appeal as Investors Turn to New Ether ETFs

(Bloomberg) — Many investors are betting that Bitcoin and Ether will set fresh highs this year, but there’s one corner of the cryptocurrency market that is getting the cold shoulder: nonfungible tokens. The tokens, better known as NFTs, which can be digital artwork of apes …

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June 11, 2024June 12, 2024 By AdsmithBroker

Crypto Game Pirate Nation’s Activity Soars Ahead of Token Launch

Proof of Play’s Apex chain is processing more daily transactions than all Ethereum Layer 2 networks after Base and Arbitrum. Pirate Nation, an onchain role-playing game (RPG) that operates on its own Arbitrum Orbit-based Layer 3 blockchain, is set to launch its PIRATE token on …

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June 11, 2024June 12, 2024 By AdsmithBroker

NFTs fail to regain appeal as investors turn to new ether ETFs

(Bloomberg) — Many investors are betting that Bitcoin and Ether will set fresh highs this year, but there’s one corner of the cryptocurrency market that is getting the cold shoulder: nonfungible tokens. The tokens, better known as NFTs, which can be digital artwork of apes …

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June 11, 2024June 12, 2024 By AdsmithBroker

South Korea Introduces Guidelines for NFTs as Virtual Assets

Reporting and Compliance Requirements Entities issuing NFTs are now required to register their operations, with sanctions for non-compliance. Determining whether NFTs qualify as securities or virtual assets will involve consultation of South Korea’s ‘Token Securities Guidelines’ provided by the Financial Services Commission. This assessment considers …

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June 11, 2024June 12, 2024 By AdsmithBroker

6 Best Blockchain Card Games with NFTs in June 2024

Last updated: June 11, 2024 12:04 EDT | 14 min read Blockchain-based card games offer a unique gaming experience. Outcomes in blockchain gaming are transparent, random, and fair – as they’re typically generated by the blockchain protocol. What’s more, some card games come with tokenized …

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June 11, 2024June 12, 2024 By AdsmithBroker

Ethereum Name Service tops NFT charts sales with over US$4.27 million

The Ethereum Name Service (ENS) led CryptoSlam’s non-fungible token (NFT) market Monday with over US$4.27 million in sales. ENS is not directly categorized as an NFT collection but uses NFT technology. ENS is a decentralized domain name protocol on the Ethereum blockchain that allows users …

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June 11, 2024June 12, 2024 By AdsmithBroker

ArbitrumDAO Discusses Reputation NFTs, Here Are Criteria

Contents ArbitrumDAO introduces Reputation NFTs: Here’s how they work $210,000,000: Arbitrum (ARB) launches massive Gaming Catalyst Program Advertisement A new proposal has already raised much controversy in the cryptocurrency community. Crypto Twitter is discussing whether Arbitrum’s (ARB) Reputation NFTs can be used for claiming retroactive …

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June 11, 2024June 12, 2024 By AdsmithBroker

NFTs Subject to Federal Trademark Law, INTA Argues in New Brief

Non-fungible tokens (“NFTs”) – while intangible in nature – are still “goods” subject to the Lanham Act, as trademarks perform the same source-identifying functions when used on products “in NFT markets as they do in other markets.” That is what the International Trademark Association (“INTA”) …

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June 11, 2024June 12, 2024 By AdsmithBroker

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