“Why would someone pay $1,000,000 for a picture of a monkey? It’s just a jpeg” “Is the NFT industry dead?’ There is a lot of confusion about NFT’s both amongst web3 enthusiasts and those yet to dabble on the blockchain. Of course, like anything with a secondary market...
Non-fungible tokens (NFTs) are indivisible digital assets kept on a distributed ledger. They have grown in prominence in recent years as a means of verifying the ownership and originality of digital assets, and they can represent everything from digital artwork to...
The Solana blockchain will be the primary focus of Tensor, a business that has acquired $3 million in seed funding to develop an NFT (non-fungible token) trading platform. Electric Capital was the primary investor in Tensor's fundraising round, with several others....
On Monday afternoon, Yuga Labs Inc., the company behind the top nonfungible token series Bored Ape Yacht Club, held a sale for its first bitcoin-based collection, dubbed "TwelveFold," and garnered $16.5 million. The company has announced that 288 successful bidders...
Serious speculations abound that the largest e-commerce company in the world will begin offering NFTs. Three people with knowledge of the situation have stated that Amazon is preparing to allow its customers to buy NFTs backed by physical assets and have them shipped...
A brief overview of NFT trading and the recent surge in trading volumes Non-fungible tokens (NFTs) have created a buzz in blockchain technology and cryptocurrency. These unique digital assets have gained significant popularity and interest among investors and...
A brief overview of NFTs and their growing popularity NFTs, or non-fungible tokens, are unique digital assets stored on a blockchain, providing proof of ownership and scarcity. They can represent anything from art to music to video game items. These non-fungible...
What are NFTs and NFT marketplaces? Distinct from other digital assets, non-fungible tokens are unique and indivisible entities that cannot be replicated or subdivided. They are commonly used to represent digital art, collectibles, gaming assets, and other digital...
A brief explanation of Unity and its recent announcement of Web3 integration options Unity is a popular gaming engine developers widely use to create games for various platforms, including mobile devices, consoles, and computers. Recently, Unity announced integrating...
About The Wolf Den Labs The Wolf Den by Gray Wolf Labs and Polygon Labs have teamed up to integrate Gray Wolf projects, including their upcoming metaverse experience, with Polygon. This collaboration allows the The Wolf Pup Collection by The Wolf Den and the projects...
