Winklevoss Twins, DJ Alesso Back Crypto Collectible Artworks up for Charity Auction

Ethernity, a new non-fungible token (NFT) art project, is set to auction off digital artworks featuring and backed by public figures including the Cameron and Tyler Winklevoss. According to an announcement Wednesday, the digital artworks are represented by NFTs (also termed crypto collectibles) and created by in-house artists from across the globe. The project said … Read more

Virtual Property Sells for $1.5M in Ether, Smashing NFT Record

A piece of virtual land on blockchain marketplace and gaming platform Axie Infinity has just sold for a record-breaking sum in cryptocurrency. At around 23:00 UTC on Monday, one of the platform’s newest community members, “Flying Falcon,” purchased the digital estate of nine adjacent Genesis blocks for 888.25 ether, roughly $1.5 million at the time. … Read more

Rare Hashmasks Digital Artwork Sells for $650K in Ether

A demonic digital artwork on the Ethereum blockchain has been sold for a small fortune via peer-to-peer marketplace OpenSea. Selling for 420 ETH (roughly $650,000 at the time of purchase on Wednesday), the collectible non-fungible token (NFT)-based artwork is known as a Hashmask. The buyer, @seedphrase on Twitter, posted: The Hashmask platform, from Switzerland-based Suum … Read more

The Blockchain NFT Wars Are Here

It’s been a big year for blockchain, highlighted by Eth 2.0, the rise, fall and resurrection of decentralized finance (DeFi) and the real steps towards adoption by institutions like PayPal. But the steady rise of the humble non-fungible token (NFT) has been the real hidden hero. NFTs are little bits of code that extend the fundamental … Read more

COVID and Big Tech Burnout Are Pushing Social Tokens Mainstream

In 2020, COVID-19 forced creators, brands and artists to rethink their fan monetization and engagement strategies. Many turned to virtual engagements and live streaming. Others experimented with platforms like Patreon or tried to double down on monetizing their social media platforms like YouTube and Twitch. In our industry, it was social tokens that made the … Read more