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2023 Underground Art Market Report

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Category: NFTs

Crypto Cryptids: What Are the Creatures Inhabiting the Blockchain World?

Crypto Cryptids: What Are the Creatures Inhabiting the Blockchain World? | Credit: shutterstock Key Takeaways As Halloween approaches, exploring the world of crypto creatures offers a captivating blend of tradition and innovation for enthusiasts and curious minds alike. Crypto creatures, inspired by mythical beings, are …

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October 12, 2023October 12, 2023 By AdsmithBroker

Rocket League Players Revolt Over Item Trading Ban—Do NFTs Fix This?

Rocket League, a popular game that lets users play soccer with cars, sparked controversy Tuesday when developer Psyonix announced that it will end the ability for players to trade their items. It’s the latest example of how closed gaming ecosystems can limit players’ ability to …

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October 11, 2023October 11, 2023 By AdsmithBroker

Cristiano Ronaldo and Binance Join Forces for The CR7 ForeverZone Collection

According to a blog post, Cristiano Ronaldo and Binance, two prominent names in their respective domains, have joined forces once again to introduce their third NFT collection: The CR7 ForeverZone. This collaboration aims to redefine the way fans engage with one of the greatest football players …

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October 11, 2023October 11, 2023 By AdsmithBroker

Crypto NFT Today: The Latest News in Blockchain, Cryptocurrency, & NFTs – October Week 2 – Innovation & Tech Today

Welcome to another edition of Crypto NFT Today! The past two weeks have been full of must-know events that will be defining points for the future of blockchain, cryptocurrency, and NFTs. With JPMorgan debuting the Tokenized Collateral Network, the Hamas-Israel conflicts dropping crypto markets, new …

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October 11, 2023October 11, 2023 By AdsmithBroker

NFTs: An Interesting Frontier in the Ethereum Ecosystem

Step into the marketplace of Ethereum, where sparks of innovation can ignite fresh paradigms. Amid this pulsating landscape, non-fungible tokens (NFTs) have emerged as the latest beacon, a novel frontier promising a unique blend of artistry, technology, and lucrative investment.  NFTs, the fascinating new kids …

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October 11, 2023October 11, 2023 By AdsmithBroker

The Rocky Horror Show NFTs Embrace Monaco Art Scene with Captivating Fusion Exhibition

London, UK, Oct. 11, 2023 (GLOBE NEWSWIRE) — La Vitrine Contemporain de Monaco will be hosting The Rocky Horror Show NFTs IRL art exhibition from Tuesday, October 17th 2023. The micro-gallery, in the glamorous principality of Monaco, will be showcasing physical representations of nine The Rocky …

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October 11, 2023October 11, 2023 By AdsmithBroker

Ethereum NFT production falls to all-time low in September

Non-fungible token (NFT) production on Ethereum, or the value of the primary sales generated from NFT minting, fell to an all-time low of US$17.55 million in September, down 12.4% from US$20.05 million in August, according to Forkast Labs data. NFTs are blockchain-based digital assets that …

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October 11, 2023October 11, 2023 By AdsmithBroker

Athletes and sports teams risk ‘reputational damage’ and harming fans with NFTs, say UK MPs

Up to 95% of NFTs are now worthless Committee hears evidence of misleading ads and copyright theft Wants independent regulator to view NFTs as unacceptable form of fan engagement UK MPs have said sports clubs and federations risk damaging their reputation and imposing financial hardship …

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October 11, 2023October 11, 2023 By AdsmithBroker

DCMS Select Committee warns of NFTs’ financial risks and reputational harms

Company Pageant Gaming Media UK One London Wall, LondonEC2Y 5EA, United Kingdom Pageant Gaming Media US 200 Park Avenue S, 16th Fl,Suite 1603 New York, NY 10003

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October 11, 2023October 11, 2023 By AdsmithBroker

NFTs creator Yuga Labs joins crypto sector layoffs spree amid challenges

Yuga Labs, the crypto company responsible for the widely recognized NFT collections, Bored Ape Yacht Club and CryptoPunks, has announced staff layoffs as part of an internal restructuring effort, reported Bloomberg. Reportedly, in an email sent on Friday, the recently appointed CEO Daniel Alegre informed employees …

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October 11, 2023October 11, 2023 By AdsmithBroker

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