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2023 Underground Art Market Report

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Category: NFTs

Once-hyped NFTs now are largely worthless, study finds (Cryptocurrency:ETH-USD)

We Are All things blockchain reached a eurphoric state in 2021. Against that backdrop, certain non-fungible tokens (NFTs) mopped up millions of dollars from buyers. But, after a painful market downturn, the vast majority of those digital collectibles can’t even fetch a penny. Indeed, a …

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September 24, 2023September 26, 2023 By AdsmithBroker

These are the Top 5 Trending NFTs on Blur Marketplace

Blur is a vibrant marketplace with high liquidity. It was launched in October 2022 with a vision to empower the NFT trading community. Some of the top trending NFTs on Blur are discussed below. 1. Milady NFT Milady NFT is a collection of 10,000 items …

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September 24, 2023September 24, 2023 By AdsmithBroker

Here’s Why Stacks is a Good Choice For Minting Your NFTs

NFTs are non-fungible tokens that make the history of ownership available. These characteristics are essential for collectibles and art which is the main driver for growth in the digital creativity. The immutability of the metadata is an essential characteristic of NFTs. The durability and reliability …

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September 24, 2023September 25, 2023 By AdsmithBroker

NFTs’ Impact on the Environment: How It Can Be Minimized?

Non-fungible tokens (NFTs) are unique digital expressions of art, drawing, music, videos, etc. It is a good source of earning passive income and is considered a good business. But a huge amount of energy is used in mining which is a point of concern.  The …

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September 24, 2023September 24, 2023 By AdsmithBroker

Web3 Gaming with NFTs: 10 Reasons to Join the Trend

Here are 10 reasons why you should join the web3 gaming trend The intersection of blockchain technology, NFTs (Non-Fungible Tokens), and gaming has given rise to an exciting new frontier in the digital world – Web3 gaming. This revolution promises to transform the way we …

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September 24, 2023September 24, 2023 By AdsmithBroker

95% of NFTs are worthless now: Report

A new report by dappGambl says that 95% of people holding NFT collections are currently holding onto worthless investments. “We would estimate that 95% to include over 23 million people whose investments are now worthless,” the report said. “Of the 73,257 NFT collections we identified, …

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September 24, 2023September 25, 2023 By AdsmithBroker

NFT Demise Rumors May Be Far-Fetched, CoinGecko’s Report Shows Interesting Insight

The recent eye-catching post calling the demise of non-fungible tokens (NFTs) has stirred strong reactions in many. The NFT sector, in general, witnessed a significant slump owing to the broader market downturn. However, a recent CoinGecko report presents a contrasting perspective. CoinGecko Weighs in on …

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September 24, 2023September 25, 2023 By AdsmithBroker

RENT NFTS FOR FREE With IQ Protocol

Renting and borrowing web3 gaming assets. That’s what the IQ Protocol is all about. It gives you the ability to use valuable gaming assets which you can play and earn with often at zero cost! Players using IQ Protocol have already won over $50,000 since …

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September 24, 2023September 24, 2023 By AdsmithBroker

All Those NFTs Are Officially Worthless

Most Non-Fungible Tokens (NFTs), a unique asset stored on the blockchain that cannot be replicated (unless you can right-click), have no value. While I’m no fan of lifeless Bored Apes, I’m not saying that just to be mean—cryptocurrency analysts dappGambl determined that out of the …

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September 24, 2023September 24, 2023 By AdsmithBroker

Moonbeam (GLMR) Delegation Pioneers Getting NFT Rewards: Details

Vladislav Sopov Moonbeam, cross-chain smart contract platform of Polkadot (DOT) ecosystem, launched reward campaign for delegation early birds The first enthusiasts of Moonbeam (GLMR), a Polkadot (DOT) smart contract environment, can grab their exclusive “I Delegated” NFTs. The deadline for the inaugural generation of delegators …

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September 23, 2023September 25, 2023 By AdsmithBroker

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