Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, noted that Amex recently added digital collectibles to its program, offering member collectibles to commemorate events and experiences. Consequently, the latest Upstream blog discusses five unique benefits …
Read MoreNew Research Reveals 95% of All NFTs Are Worthless
Non-fungible tokens (NFTs) emerged as the poster children of a digital renaissance. With the hype reaching its peak during the 2021 bull run, the NFT market saw nearly $2.8 billion monthly trading volume in August 2021. But by July 2023, the tune has changed drastically. …
Read More95% Of NFTs Are Worthless, And The Ones That Aren’t Have Plummeted In Value
There have been any number of stories recently that have cast a negative light on the world of NFTs. Now, a study from blockchain analysts Dappgambl has painted an even uglier picture of the larger state of the once-hyped digital commodities and says that as …
Read More95% of NFTs May Now Be Worthless, Report Suggests
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Read MoreAndrew Tate calls NFTS a scam—is he right?
Controversial influencer Andrew Tate recently took to X to remind his followers that he had called NFTs a scam back in October 2021. Tate said NFTs proved “the entire crypto space is a scam” and that his prediction that many of these would go to …
Read MoreThebe Magugu unveils customisable wax-print shirts available as NFTs. | Retail Tech News South Africa
Image Courtesy: https://cdn4.premiumread.com/ Renowned South African designer Thebe Magugu, known for his collections imbued with compelling narratives and storytelling, has introduced customisable wax-print blouses allowing customers to personalise them with their own images and names. Each buyer who customises and purchases the shirt on his …
Read MoreSonorus Innovates Music Discovery with NFTs and Web3 Technology
Revolutionizing Music Discovery with a Unique Approach Startup Sonorus has embarked on a mission to redefine music discovery by leveraging NFTs and web3 technology. With over 200,000 users to date, including a remarkable addition of 160,000 in the past six months, Sonorus is making waves …
Read MoreHere’s how Polygon NFTs performed in September
Dipayan Mitra Journalist Posted: September 25, 2023 Share this article Polygon’s NFT trade count and trade volume registered a spike on 24 September. MATIC’s exchange reserve was increasing while whales’ confidence dropped. Over the last month, Polygon [MATIC] was only second to Ethereum [ETH] in …
Read MoreNewsflash: NFTs Are, Well, Worthless
The once-hyped world of NFTs, or non-fungible tokens, has seen a precipitous decline, rendering tens of thousands of digital collectibles virtually worthless. A recent report by dappGambl has unveiled a startling reality: 95% of NFT collections, totaling 69,795 out of 73,257, now have a market …
Read MoreHero to zero: most NFTs are now worthless says new report
In 2021, a piece of digital art sold at auction for $69 million. The iconic sale ‘Everydays: The First 5000 Days’ from Beeple was the first time most of the world took any notice of NFTs. Two years on, following something of a frenzy for …
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