Magic Eden is the world’s most popular Solana NFT marketplace, with over 10 million unique users and 20,000 daily transactions. It lets users sell non-fungible tokens (NFTs), including art and music NFTs. In August 2022, the company announced it would release Ethereum NFTs, though its primary blockchain would remain Solana. It also released an optional …
Magic Eden NFT Marketplace Explained (Read Before Using) Read More »
Moonbirds is a collection of 10,000 NFT bird profile pictures (PFPs) that include a unique pool of rarity-powered traits released on April 16th, 2022, by PROOF Collective. Notably, the collection reached over $200 million in sales in the first 48 hours. Since its release, the collection has generated $500 million in sales, with 2,000 NFTs …
Computer vision is a new field of science that uses Artificial Intelligence (AI) to teach computers how to interpret visual data. It’s currently used at the forefront of the autonomous vehicles industry to detect and classify objects like road signs, create 3D maps– and, recently, its technology is being explored to verify NFT authenticity. The …
Music NFTs are digital assets stored on the blockchain and represent ownership of a piece of music. They’re used to buy, sell and trade music rights and grant owners benefits such as royalties. Most NFTs are typically associated with digital art and collections such as Bored Ape Yacht Club; however, their technology can also impact …
Soulbound Tokens (SBTs) are permanent, non-transferable NFTs that represent a holder’s identity and reputation. They contain data such as an individual’s work history, credit score, education, medical history, and personal certifications, all of which are stored on the blockchain. This data is used to verify information during processes such as going for a job interview. …
What Are Soulbound Tokens & Why Should You Care? Read More »
