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2023 Underground Art Market Report

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Category: NFTs

What Are Dynamic NFTs (dNFTs) And How To Create Them?

focus-text-wrap]Key Takeaways[/focus-text-wrap] Dynamic NFTs (dNFTs) use smart contract logic to update their metadata based on external factors, increasing adaptability and interactivity. dNFTs differ from standard NFTs with their changeable metadata, enabling evolving features and broader utility. dNFTs are key in evolving digital art, gaming, real-world …

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December 6, 2023December 7, 2023 By AdsmithBroker

Why Shiseido Is Dropping Free Generative NFTs Over Art Basel Miami

Japanese beauty brand Shiseido is teaming up with Art Blocks Engine for generative digital art project Future Reflections, unveiled over Art Basel Miami. Guided by an algorithm based on the key ingredients of Shiseido’s Future Solutions LX collection (including the enmei herb and ahoy pearl …

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December 6, 2023December 7, 2023 By AdsmithBroker

Bitcoin Core developer calls Ordinals a ‘fraud,’ announces fix

With a new set of upgrades, Bitcoin Core developer Luke Dashjr hopes to put an end to BRC-20 tokens as well as Bitcoin-based NFTs. The Bitcoin (BTC) network is about to undergo a set of upgrades, which are expected to essentially put an end to …

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December 6, 2023December 7, 2023 By AdsmithBroker

NFT Scams Proliferate: Buyers Beware in Digital Gold Rush

The world of Non-Fungible Tokens (NFTs) has burgeoned into an expansive digital frontier with a spectrum of opportunities for both creators and collectors to exchange unique digital assets. This pioneering ecosystem, however, is not without its tribulations. It has become increasingly apparent that as the …

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December 6, 2023December 7, 2023 By AdsmithBroker

Wert and Ancillary Service Provider, Avata, to Enable Warranty On NFT Purchases

Share this post: Wert, the payment solution provider enabling fiat payments in Web3, today announced their partnership with Avata, an InsurTech service provider and expert in digital asset insurance solutions, to offer customers first-of-its-kind protection for consumers purchasing NFTs on platforms leveraging Wert’s checkout solution. …

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December 6, 2023December 7, 2023 By AdsmithBroker

NFT Scams: Types And How To Avoid Them

NFT scams have quickly become a major concern in the digital asset realm, overshadowing the growing Non-Fungible Token world. They range from NFT scams on Instagram to complex NFT art frauds like the Bored Ape Yacht Club and Logan Paul’s NFT game. The risks are …

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December 6, 2023December 9, 2023 By AdsmithBroker

Amazon Prime Is Giving Out Free Card Packs for NFT Game ‘Gods Unchained’

Amazon Prime subscribers can now claim free in-game packs of cards for the online trading card game Gods Unchained, according to an announcement from Immutable Games. The Amazon Prime Gaming portal has the first monthly reward up for grabs, containing 5 Rare Core Packs and …

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December 5, 2023December 7, 2023 By AdsmithBroker

Ethereum NFT Creators Scramble to Secure Projects From Thirdweb Exploit

Some creators of Ethereum NFT projects are scrambling to secure their collections after Thirdweb, a prominent crypto development platform, disclosed issues with its smart contracts late Monday. Thirdweb wrote that a security vulnerability in a “commonly used open-source library for Web3 smart contracts” was discovered, …

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December 5, 2023December 7, 2023 By AdsmithBroker

Ethereum NFT market sees resurgence – What prompted the boom?

There has been an increase in demand for Ethereum-based NFTs. General NFT trading activity has picked up pace in the last month. The Ethereum [ETH] non-fungible token (NFT) market experienced a significant surge in trading activity on 3rd December, reaching a daily transaction volume of …

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December 5, 2023December 7, 2023 By AdsmithBroker

NFTs Start Climbing Up Price Ladders Again as BTC, ETH Rally

The market for non-fungible tokens (NFTs) seems to be on a revival sprint now that the crypto market is on a bull run. With cryptocurrencies like Bitcoin, Ether, Solana, and Polygon pumping in value, a bunch of NFT series associated with these altcoins have started …

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December 5, 2023December 7, 2023 By AdsmithBroker

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