NFTs are taking over from where DeFi left off, and data suggests asset tokenization will dominate 2021. The last bull run of 2017 was defined by the initial coin offering craze, which took a turn for the worse with foreseeable consequences for overvalued projects that had little more than a team and a poorly written white paper. While many useful projects were able to blossom from the ICO era, including Ethereum and others, most have come and gone with the wind, leaving thousands of unwary investors holding on to worthless bags of tokens.A full market cycle later, and there’s now yet....
They say the bigger they come, the harder they fall, and DeFi sure fell hard during this market dip. With that, NFTs have suddenly become the next big thing. NFTs are unique tokens that are not interchangeable as a result of their distinctive characteristics. As “one-offs,” the idea of investing in NFTs is gaining ground. […]
Through technical development, privacy initiatives, multisignature tools, a savings narrative and more, Bitcoin’s 2020 was super cool. The post Saving With Bitcoin Was Never So Cool As In 2020 appeared first on Bitcoin Magazine.
We’re one week following the introductory release of Topps MLB NFTs, so let’s take a quick look at how things played out for Topps new venture into digital cards with the Series 1 MLB release, and how things are looking for the broader collectable NFT marketplace. NFTs: By The Numbers Over 1.3 million NFTs in […]
Peter Wood, the CEO of up-and-coming UK exchange CoinBurp, believes NFTs are caught in a bubble that will eventually pop. However, Wood says that much like cryptocurrencies consolidated through crypto winter to emerge stronger, so will NFTs after the pop. Signs of Digital Art NFTs Cooling Following the record-breaking $69.3mn sale of Beeple’s The First […]