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2023 Underground Art Market Report

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Category: NFTs

Taiwan’s CBC hesitant over NFTs as presidential tokens│TVBS新聞網

TAIPEI (TVBS News) — The Central Bank of the Republic of China (CBC) on Wednesday (Jan. 3) clarified that issuing inauguration commemorative coins is under the authority and wish of the elected president, and the CBC only assists in this process, respecting the will of …

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January 3, 2024January 3, 2024 By AdsmithBroker

NFTs to Fuel Next Cryptocurrency Bull Market, Predicts Banxa CEO

NFTs to Fuel Next Cryptocurrency Bull Market, Predicts Banxa CEO Emerging from the ebbs and flows of the cryptocurrency industry, Banxa CEO, Holger Arians, has articulated a fresh perspective on the market’s future. He surmises that non-fungible tokens, or NFTs, will ignite the next cryptocurrency …

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January 3, 2024January 3, 2024 By AdsmithBroker

Solana NFTs Overtake Ethereum Assets in a Historic First

In a landmark achievement for the NFT market, Solana NFTs surpassed a major threshold, overtaking Ethereum in monthly sales volume for the first time ever. As per CryptoSlam, Solana NFT sales skyrocketed to approximately $366.5 million, overtaking Ethereum’s $353.2 million in December 2023. Excluding suspicious …

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January 3, 2024January 3, 2024 By AdsmithBroker

Gronkowski Dynasty: A Century-Long Sports Legacy and the Rise of Sports NFTs

Gronkowski Dynasty: A Century-Long Sports Legacy and the Rise of Sports NFTs The Gronkowski family has carved out a remarkable heritage in sports, a legacy that spans over a century. The most celebrated member of this lineage is Rob Gronkowski, a 34-year-old Hall of Fame …

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January 3, 2024January 3, 2024 By AdsmithBroker

Steamboat Willie Enters Public Domain, Inspires NFT and Meme Coin Craze

As the calendar turned to 2024, a significant event in the world of digital art and copyright law occurred. The original version of Mickey Mouse, as seen in the 1928 short film “Steamboat Willie,” officially entered the public domain. This development marked the end of …

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January 2, 2024January 3, 2024 By AdsmithBroker

NFT Market Declines in 2023, Yet Bitcoin and Solana NFTs Present Significant Opportunities

In 2023, the NFT market experienced a notable downturn in sales but witnessed a surge in transaction volumes, along with the significant rise of Bitcoin and Solana in the NFT space. This comprehensive analysis explores these contrasting trends, detailing the decreased sales, increased transactions, and …

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January 2, 2024January 3, 2024 By AdsmithBroker

Judge Says ‘Valueless’ MetaBirkins NFTs Can’t Be Collateral

By Andrew Karpan (January 2, 2024, 4:44 PM EST) — U.S. District Judge Jed Rakoff has concluded that a Los Angeles speculator’s non-fungible tokens appeared to be “valueless items,” deciding he couldn’t use them as collateral to cover a $133,000 jury verdict he lost to …

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January 2, 2024January 2, 2024 By AdsmithBroker

Solana NFT Sales Skyrocket, Topping Ethereum in Monthly Volume for First Time

Solana’s surging fortunes of late have produced a surprising result in the NFT market: monthly sales volume of NFTs on the network beat that of NFTs on Ethereum in December 2023, for the first time ever. According to data from analytics platform CryptoSlam, Solana NFT …

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January 2, 2024January 2, 2024 By AdsmithBroker

Bitcoin NFTs Sealed 2023 with Record-Breaking Sales

In December, Bitcoin NFTs — with surging interest in Ordinals and BRC-20 tokens — experienced a spike in sales, setting a new breaking record as per CryptoSlam. The data aggregator revealed that Bitcoin NFT sales hit a record high with a total of more than …

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January 2, 2024January 2, 2024 By AdsmithBroker

Bitcoin NFTs Reach $881M In December: Digital Gold Rush Or Passing Fad?

Loading… Loading… The world of non-fungible tokens (NFTs) witnessed a monumental shift in December 2023, as Bitcoin BTC/USD based NFTs, also known as Ordinals, shattered all previous sales records. According to data from industry leader Cryptoslam, December saw a staggering $881,221,244.98 in Ordinal sales, marking a …

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January 2, 2024January 2, 2024 By AdsmithBroker

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