Sotheby’s First NFTs Sold on Nifty Supported by Seward & Kissel

Sotheby’s first NFT [non-fungible token] sale completed yesterday.  The digital artist known as Pak sold multiple NFTs for almost $17 million. Hosted on Gemini’s Nifty Gateway, the sale allowed collectors to bid on NFTs for limited-edition artworks in “The Fungible Collection” and open edition artworks in “The Fungible Open Collection.” The NFT for “The Pixel,” … Read more

Digital Assets Firm Kraken Explains Why Blockchain based NFTs are a Revolutionary New Licensing Technology

The team at digital assets firm Kraken notes that humans have “always loved making and displaying art.” The US-based crypto exchange provider reveals that deep within a cave in Spain, there’s a Neanderthal hand stencil that scientists “have radiocarbon dated to 64,000 years – it’s the oldest known example of art anywhere in the world.” … Read more

Fintech Curve Moves into NFTs in Digital Auction to Support London Theatre

Curve, a Fintech that offers a popular smart card and app, has joined with Theatre Support Fund+ to auction off five NFTs (non-fungible tokens) in support of London theatre. The NFT auction is scheduled to end on Friday, April 9, 2021, and Curve is encouraging bids from around the world. According to Curve, all proceeds … Read more

Gemini Surpasses $20 Billion in Digital Assets Under Custody as Unprecedented Bitcoin and Crypto Bull Market Continues

Digital asset exchange Gemini recently revealed that it now has over $20 billion in crypto-assets under custody. The US-based firm confirmed in a blog post: “Tracking with the impressive growth of the crypto market this year and increased participation from institutional investors, we have doubled our crypto under custody in just over two months.” As … Read more

NFT Marketplace Mintable Auctions 1926 Painting Abstract Composition by Wladimir Baranoff-Rossiné

Mark Cuban-backed NFT [Non-fungible token] marketplace Mintable is auctioning off a 1926 painting “Abstract Composition” by Wladimir Baranoff-Rossiné. Now, this is somewhat different as the actual painting, frame and all, will be purchased by the highest bidder who will also receive an NFT authentication certificate. Mintable claims to be the industry’s very first NFT generator, … Read more

Wow. Beeple NFT Sells for $69 Million on Christies

Beeple’s the First 5000 Days has sold for $69,346,250 on Christie’s today. The NFT (non-fungible token) represents a record for digital art and as one Tweet reports one of the most expensive art auctions of all time. According to the Lot Essay, in May 2007, Beeple set out to create and post a new work … Read more

Delphi Digital Invests in Yield Guild, a Play-to-Earn NFT focused Gaming Guild Supporting Blockchain based Economies

Delphi Digital, a leading crypto and blockchain research firm, has reportedly led Yield Guild’s seed round. Yield Guild (Games) is a “play-to-earn” gaming guild, which aims to bring players together to earn through blockchain or distributed ledger tech (DLT)-based economies. Yield says they are “the settlers of new worlds in the Metaverse.” Delphi’s management noted … Read more

Digital Collectibles: Rachel Mayer from Circle Pay Explains how Company’s Payments and Treasury Infrastructure Supports NFT Marketplaces

Rachel Mayer, VP at CirclePay, notes that as non-fungible tokens (NFTs) rise in popularity, the operators or managers of NFT marketplaces and storefronts will be needing to remove entry barriers for their users. Mayer points out that more consumers in and outside of the crypto and blockchain space are eager to get their hands on … Read more

The Sandbox, a Binance Supported “Decentralized” Gaming Virtual World Project, Includes Atari, Smurfs NFTs

Binance, the world’s largest crypto exchange, notes that its decentralized gaming virtual world and Binance Launchpad alumnus The Sandbox has announced that 1,859 premium LANDS NFTs (non-fungible tokens) “adjacent to Binance estates will be available for purchase” during its LAND presale (which reportedly began on November 12, 2020 at 1PM GMT). The Sandbox will include … Read more

DeFi Protocol Aave Partners with Axie Infinity, a Pokémon Inspired Digital Pet Universe Game, so Players can Earn Rare NFTs

The developers of Aave, an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, have teamed up with Axie Infinity. Through the partnership, both organizations aim to bring you a “hot new collab” featuring DeFi, (non-fungible tokens) NFTs, and gaming products. As mentioned … Read more