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2023 Underground Art Market Report

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Category: NFTs

NTFs, digital art and metaverse

To talk about NFTs is to talk about the technology that is transforming digital art, but what is the relationship between these non-fungible tokens and the metaverse? What is an NFT? Before continuing to explore the relationship between NFTs, digital art and the metaverse, these …

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October 23, 2023October 23, 2023 By AdsmithBroker

Stoner Cats Settlement Signals Intensifying SEC Interest in NFT Offerings

Highlights The SEC found that Stoner Cats conducted an unregistered securities offering to early NFT buyers In the settlement agreement, the SEC highlights secondary market sales and programmatic royalties paid to the NFT offeror The dissenting SEC Commissioners drew ties to Star Wars collectibles sales …

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October 23, 2023October 26, 2023 By AdsmithBroker

Arbitrating Crypto, NFTs and Other New Tech: Demystifying the Landscape | New York Law Journal

New technologies, such as blockchain and artificial intelligence, are evolving into their own ecosystem of attractive yet complex structures.  The legal and regulatory landscape surrounding such technological developments has historically lagged.  Legislators, regulators and courts struggle to keep up with a sector that moves quickly …

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October 23, 2023October 25, 2023 By AdsmithBroker

Know the Popular PFP NFTs that are Trending on Blur this Week

PFP or ‘picture for profile’ NFTs are digital assets that are used as profile pictures or as digital avatars. They are also used to show support for the artist and the collection. These NFTs have surged in popularity. They are mostly used by NFT enthusiasts …

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October 22, 2023October 23, 2023 By AdsmithBroker

5 NFTs that have gained a huge amount of value in the past year

Which NFTs have been the biggest winners in the past year? SergeyBitos  One of the defining characteristics of NFTs is their remarkable volatility. Yet, whether they truly have value remains a highly speculative matter as the NFT space continues to mature. In the second part …

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October 22, 2023October 22, 2023 By AdsmithBroker

Layer 2 and DeFi Shine in 2023 as NFTs Lose Their Luster: Nansen

In 2023, the Ethereum blockchain witnessed intriguing transformations in the way users and entities engage. According to Nansen’s recent report, there has been a remarkable surge, with more than 300,000 daily active Ethereum addresses. Among these active addresses, DeFi entities have maintained their position as …

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October 22, 2023October 22, 2023 By AdsmithBroker

Are NFTs the future of digital art and collectibles?

In a digital era where replication is often a click away, the concept of ownership is undergoing a dramatic shift, thanks to the recent entry of Non-Fungible Tokens (NFTs) into the world stage. Imagine a future where your digital footprint, be it art, music, or …

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October 22, 2023October 22, 2023 By AdsmithBroker

6 NFTs that have lost a huge amount of value in the past year

NFT’s took the investing world by storm in 2021 and 2022. But this year has been a different story, as the bottom has dropped out of much of the NFT market. Find out which NFTs have taken the biggest pounding. NFTs, or non-fungible tokens, took …

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October 21, 2023October 21, 2023 By AdsmithBroker

Habbo Games plans to continue using NFTs without uttering dirty crypto ‘Jargon’

TLDR Habbo,  the iconic virtual gaming and social platform, is embarking on a path into the world of Non-Fungible Tokens (NFTs) without delving into the complex space of crypto jargon.  Many companies are shifting away from the crypto jargon and restructuring to make it easier …

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October 21, 2023October 23, 2023 By AdsmithBroker

Singapore Court Orders Use of NFTs To Flag Hacker Wallets

A Singapore court has permitted a financial investigation firm, Intelligent Sanctuary, to attach non-fungible tokens (NFTs) carrying legal notices to cryptocurrency wallets linked to a multi-million dollar hack. The UK-based-basediSanctuary said the move represents the first time a court has authorized the novel method of …

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October 20, 2023October 23, 2023 By AdsmithBroker

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