Disney, one of the world’s largest mass media producers, entered the world of non-fungible tokens in 2021 by creating NFT collections from their iconic characters. Disney NFTs, which include the company’s intellectual property and acquired franchises such as The Simpson, are showcased on VeVe —a marketplace that licenses and showcases NFTs from some of the …
If you’ve seen headlines of non-fungible tokens (NFTs) selling for millions of dollars then you may be asking yourself: why are NFTs so valuable? The following dialogue might ensue: Is this just a really rich people thing? Are they laundering money? Is this just fake news biting on click-worthy headlines? The answer most people will …
Why Are NFTs Valuable? Attempting to Explain Why Some Cost So Much Read More »
Otherside is a metaverse world designed around the Bored Ape Yacht Club (BAYC) NFT collection. “The Otherside†will offer a massive role-playing game where over 10,000 players can interact, complete missions, and voice chat simultaneously. The Otherside NFTs were originally sold to BAYC holders and went on public sale on April 30, 2022. 55,000 land …
A non-fungible token (NFT) is a physical or digital asset recorded on the blockchain. In 2022, an estimated four percent of Americans (9.3 million people) said they own NFTs– a 100% increase from 2021 shows that NFT ownership is rising. As ownership continues to increase, so will the demand for scalable storage solutions. Many of …
NFTs are digital art pieces stored on the blockchain. They can be bought and sold online in NFT marketplaces such as OpenSea or minted directly from a project’s contract. Throughout 2021 the NFT market took off, with total sales reaching over $14 billion and art pieces such as The Merge selling for $91.8 million. Many …
