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2023 Underground Art Market Report

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Category: NFTs

Top 10 Amazing Ways Smart Contracts Help In Royalty Distribution Of NFTs

February 29, 2024 by Diana Ambolis Smart contracts play a crucial role in the functionality and security of Non-Fungible Tokens (NFTs), providing automated and trustless execution of transactions and ownership transfers within blockchain networks. These contracts, deployed on blockchain platforms like Ethereum or Solana, contain …

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February 29, 2024February 29, 2024 By AdsmithBroker

Blast Mainnet Goes Live Today

Source: X (Blast) An Innovative Ecosystem for Gaming Creators Blast highlights its commitment to supporting creators by allocating 4% of airdrops to competition winners, reinforcing its role in promoting the growth of digital art. Shifting toward Layer-2 innovations suggests solutions to ameliorate liquidity quandaries tied …

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February 29, 2024February 29, 2024 By AdsmithBroker

NFTs: luxury retail’s new frontier

Luxury lawyers Maria Luigia Franceschelli and Ghada Qaisi Audi examine the viability of digital and ‘phygital’ asset strategies in an evolving luxury world. NFTs have triggered tremendous interest among brands for the past few years. The concept of owning a digital object that can be …

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February 29, 2024February 29, 2024 By AdsmithBroker

NFT Paris 2024 Review: A Look at What Went Down

NFT Paris 2024 was a big deal for the world of digital art and cryptocurrency. It happened in Paris, of course, and it was all about non-fungible tokens, or NFTs. This event happened on 23-24 of February 2024 and was special because it showed how …

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February 29, 2024February 29, 2024 By AdsmithBroker

VanEck Introduces SegMint Platform for Fractional NFT Ownership

Veteran investment manager VanEck made waves this week with the launch of SegMint – a new digital asset management platform and NFT marketplace seeking to revolutionize asset sharing in a Web3 context by improving accessibility and security. TLDR VanEck launched a new NFT platform and …

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February 29, 2024February 29, 2024 By AdsmithBroker

Alchemy’s Rise as Blockchain’s AWS: Revolutionizing NFTs and DeFi …

Founded by Nikil Viswanathan and Joseph Lau, Alchemy is swiftly becoming a central figure in the blockchain universe, often described as the Amazon Web Services for this innovative technology. With a unique approach towards democratizing blockchain access for non-coders, Alchemy’s platform facilitates the creation and …

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February 29, 2024February 29, 2024 By AdsmithBroker

News Explorer — Musée D’Orsay Commissions NFT Exhibition Based On Museum Patrons’ Breaths

Feb 28, 11:24 pm Decrypt Musée D’Orsay Commissions NFT Exhibition Based On Museum Patrons’ Breaths The Musée d’Orsay has commissioned an on-chain exhibition featuring five single-edition NFTs titled “The Convergence of Breath.” The NFTs were created through a social experiment where museum patrons scanned a …

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February 28, 2024February 29, 2024 By AdsmithBroker

Musée d’Orsay Reveals NFT Auction Tied to Historic On-Chain Exhibition

On Thursday, a collection of tokenized artwork from the Musée d’Orsay’s first-ever commission of an on-chain exhibition will hit the market—the product of two experimental artists, months of coordination by the museum’s leadership, and thousands of exhales from unknowing strangers.  The pieces, five single-edition NFTs …

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February 28, 2024February 29, 2024 By AdsmithBroker

De Labs Joins Yuga Labs To Restrict NFT Collections to Pro-Royalties Marketplaces in Emerging Trend

De Labs has joined Yuga Labs to enforce royalties for NFT collections. De Labs takes things further by unveiling a plan to bolster its creator pool. The move evokes signs of an emerging trend that could reshape the NFT market. Over the last few years, …

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February 28, 2024February 29, 2024 By AdsmithBroker

Bitcoin NFTs help Magic Eden cross $100M in sales

Bitcoin NFTs’ volume climbed to over $100 million on the NFT platform. BTC collections were featured among the top collections. Magic Eden’s recent data revealed a substantial dominance of Bitcoin [BTC] NFT volume on the network, setting a new record. Amidst the flourishing NFT sales …

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February 28, 2024February 28, 2024 By AdsmithBroker

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