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2023 Underground Art Market Report

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Category: NFTs

New Solana NFT Protocol Cuts Creation Costs by Over 80%

Digital art fanatic who brings a unique perspective to NFT news.

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March 26, 2024March 26, 2024 By AdsmithBroker

Amid Ethereum’s regulatory hurdles utility token NFTFN thrives

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum faces regulatory scrutiny, potentially impacting its market value, investors shift focus to utility tokens like NFTFN, which promises stability with its innovative …

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March 26, 2024March 26, 2024 By AdsmithBroker

NFT Sales on Rise with Bitcoin Dominating This Space

Out of all NFT hosting platforms, Bitcoin stands out with an impressive 44% increase in its daily NFT trading volume, surging to $16 million. After going through a rough patch in recent weeks, non-fungible tokens (NFTs) are once again gaining momentum amid increased demand. As …

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March 26, 2024March 26, 2024 By AdsmithBroker

Will Pixelmon shake off its ‘worst NFT project ever’ tag?

Pixelmon, previously labeled the “worst NFT project ever,” is now making a comeback with fractionalized non-fungible tokens (NFTs). On the 25th of February, a 19-year-old developer launched Pixelmon, promising a Pokemon-inspired game with collectible monsters. But it soon became a laughing stock, collecting $70 million …

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March 26, 2024March 26, 2024 By AdsmithBroker

Crypto Project Pixelmon Seeks to Use Fractionalized NFTs to Make Its Comeback

Xiloyannis’ vision for Pixelmon includes pioneering fractionalized NFTs in a way that redefines the intersection of blockchain gaming and intellectual property rights. The infamous crypto project Pixelmon is set to make a huge comeback under the leadership of new CEO Giulio Xiloyannis. Xiloyannis disclosed the …

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March 26, 2024March 26, 2024 By AdsmithBroker

A-List Celebrities Suffer Financial Hit from NFT Market Downturn

A recent analysis of the once-thriving NFT market has revealed a significant downturn, impacting numerous investors, including high-profile celebrities. Kevin Hart, along with other stars such as Justin Bieber and Madonna, has encountered substantial financial losses due to the devaluation of their NFT assets, particularly …

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March 26, 2024March 26, 2024 By AdsmithBroker

Kevin Hart Originally Purchased This Bored Ape NFT For A Reported $200K — Here’s How Much He Sold It For

Trends come, and trends go. As artificial intelligence (AI) and virtual reality (VR) have been getting all of the attention lately, technology such as non-fungible tokens (NFTs) has simmered down.  Now, Kevin Hart is one of many who have experienced one of the pitfalls that …

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March 26, 2024March 27, 2024 By AdsmithBroker

ChainGPT and Polygon Labs Unite to Advance AI NFTs

Polygon Labs, a leader in Ethereum scalability, has geared up with ChainGPT, a pioneer in AI-driven web3 applications, to enhance NFTs through the power of machine learning.  Fusing ChainGPT’s AI-powered NFT Generator with Polygon’s blockchain infrastructure, this partnership provides blockchain creators with a straightforward interface …

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March 26, 2024March 26, 2024 By AdsmithBroker

Kevin Hart Lost $200K With His Bored Ape Yacht Club NFT But It’s Nothing Compared to What Justin Bieber, Madonna Lost With Their NFT Investment

Following the 2022 NFT boom, Bored Ape Yacht Club was one of the most popular names in the market, at least for a while, before its value eventually tanked. Many Hollywood heavyweights, including Kevin Hart, Justin Bieber, and Madonna, jumped onto the NFT bandwagon following …

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March 26, 2024March 26, 2024 By AdsmithBroker

Top 10 Ways NFT Marketing Is Emerging With Innovative Trends In 2024

March 26, 2024 by Diana Ambolis NFT marketing refers to the use of non-fungible tokens (NFTs) as a tool for promoting brands, products, services, and content. NFTs are unique digital assets stored on blockchain networks that represent ownership or proof of authenticity of a specific …

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March 26, 2024March 26, 2024 By AdsmithBroker

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