A Democratized NFT Future Needs Technical, Legal, and Practical Limits

Jean-Michel Basquiat is one of the world’s most renowned and timeless artists. Recently, someone minted one of his artworks as an NFT. The intention was to offer the NFT at an auction, with the winning bidder allowed to destroy the original.  But just last week, the NFT was withdrawn from sale on, OpenSea. This happened … Read more

Why is everyone going crazy over NFT?

@dmytrovolkovDmytro Volkov Dmytro Volkov, CTO of the international cryptocurrency exchange CEX.IO. NFT stands for “non-fungible token” – meaning that each one of these is unique and one of a kind. One token can’t be replaced with another, which is what makes NFT different from, say, straightforward BTC coins. NFTs are used to tokenize digital goods … Read more

Eminem Dropping NFT Art on Nifty Gateway

Rap god Eminem is the latest celebrity to join the NFT hype train on Nifty Gateway, as he will do an NFT drop this Sunday. The American rapper isn’t unfamiliar with dropping things, aside from dropping bars he regularly drops entire music albums by surprise to shock the scene. Whether this particular NFT drop will … Read more

A Brief Introduction to NFTs for Beginners

@mashacryptoprlabMasha Prusso Entrepreneur. Attorney. Athlete. I write about innovations in blockchain and crypto space. Passionate about DeFi. It seems many people still do not understand what an NFT is. Some people think it’s artwork, other people think it’s an extreme environmental hazard. I’ve seen many over-simplified explanations and many overly complicated ones. So I thought … Read more

Paris Hilton to Launch Planet Paris NFT Collection

Paris Hilton is working together with digital art designer Blake Kathryn on a NFT collection they named Planet Paris. In the announcement of her first NFT drop, she said that the collection is all about ‘beauty, female energy and empowerment’. The sale will happen on Nifty Gateway on Saturday April 17th at 17:30 UTC. The … Read more

AnRKey X NFT Sales Reach Top 10 in the World on Rarible

The word of the past couple of weeks has been NFT: non-fungible-token. We saw this trend developing from something untouched to something that’s bridging the gap between mainstream industries and our beloved decentralized world. NFTs do not only create wealth, they represent scarcity through collectibles as we’ve never seen before. Physical baseball cards will never … Read more

Sotheby’s to Auction Pak’s Fungible Collection

Auction house Sotheby’s is going to auction The Fungible Collection by digital artist Murat Pak in collaboration with Nifty Gateway. The auction will start next week from April 12th until the 14th. The collection taps into the concept of ‘our understanding of value’. The idea is that Pak, as the anonymous artist is best known, … Read more

Playboy Partners With Nifty Gateway to Publish NFT Art

Playboy has announced a partnership with NFT art marketplace Nifty Gateway to auction and sell a variety of Playboy-themed artworks and photos. Some will come directly from the Playboy archive, while others are in partnership with existing digital art creators like Slime Sunday and Kathryn Blake. They announced the partnership this Tuesday on Twitter. The … Read more

NFT Sales Increased 2627% In Last 3 Months

The NFT market is booming right now as million dollar sales are becoming common and mainstream attention is increasing. According to the DappRadar Dapp Industry Report there has been more than $1.5 billion in transaction volumes in the past three months. That’s an increase of 2627% compared with the last quarter of 2020. CryptoPunks and … Read more

When Fans Form a DAO To Buy Your Art

Have you made as an artist when your work is selling for millions, or when your fans form a DAO to buy your art for half a million dollars as a collective? The latter happened to digital artist pplpleasr, who saw a group of fans group up to pay $569.000 to buy an artwork she … Read more