NFT sales have come a long way since the first-ever mint in 2014. The digital assets mostly began taking the Internet by storm in the midst of the pandemic; people had more time to see what this Web3 malarkey is all about, and more NFT artists began flooding the space. Digital artists like Beeple, Pak …
Punk and ape avatars are replacing duck faces and beach bodies on social media sites. But what do they stand for? Such avatars randomly popping up on Twitter and other social channels are PFP NFTs—an abbreviation for profile picture non-fungible tokens. To understand the concept behind the bizarre-looking characters used for social status, delving into …
What Is a PFP NFT? Tokenized Profile Pictures Explained Read More »
Non-fungible tokens (NFTs) gained immense popularity and developed their own subculture in 2021. There’s a good chance you have heard about them unless you’ve not been paying attention. From Paris Hilton and Nike to LeBron James and the NBA, celebrities and major brands are launching their own exclusive ‘drops’ and splurging millions on NFTs. As …
NFT-based games integrate traditional gaming concepts with blockchain technology, non-fungible tokens (NFTs), and other decentralized financial elements. Gamers are loving GameFi (the intersection of gaming and NFTs, and even DeFi) for three main reasons: True ownership: While in conventional digital games, players can buy in-game assets, those assets don’t actually belong to them. On the …
NFT art is soaring in popularity due to the blockchain’s ability to offer a multitude of features that appeal to both creators and collectors. Artists continue earning royalties for the same artwork from the sales in the secondary market, which isn’t possible in the traditional art scene. Collectors enjoy advantages that weren’t possible before blockchain …
NFT Copyright: What Artists and Collectors Should Know Read More »
