Art reimagined: NFTs are changing the collectibles market
With professionals stepping into the NFT space, the market is set to mature, making digital art a part of traditional collectibles. Art has been serving as the ultimate source of inspiration to many people throughout all of history. In the era of cryptocurrencies and the digitized world, trends change faster than ever. For years, numerous artists have tried stepping into rapidly advancing playgrounds and grabbing their slice of pie, but now their time has truly come.The NFT fever has quickly taken over the industry, turning digital artists and popular meme creators into rich celebrities.....
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In order to sustain the growth of NFTs, it is important that new buyers aren’t deterred from purchasing NFTs due to high gas fees. Whether it’s baseball players or shiny Pokemon cards, collectibles have been a cultural mainstay in human behavior since the Renaissance. Memorabilia from famous films or items of clothing worn by a celebrity can be auctioned and sold for eye-watering amounts. Take the prototype Batmobile from the 1960s Batman TV show, it was sold for $4.2 million. With collectibles, the concept itself is simple: An item has value based on its scarcity. The less of it there is,....
Marvel announces NFTs that fans around the world can buy on the Veve Digital Collectibles store. The collaboration, between Marvel Entertainment and Orbis Blockchain Technologies Limited, will involve the companies releasing Marvel-branded digital collectibles, comic books, 3d statues, and more. Marvel To Release NFTs on Veve Digital Collectibles App The Marvel NFTs and other collectibles […]
If you’ve been keeping up with the cryptocurrency world, you’ve probably come across the term “NFT.” NFTs are one-of-a-kind, non-interchangeable digital assets that also serve as valid proof of ownership on the blockchain. NFTs have made the prospect of digital collectibles a reality and are being hailed as the answer to physical collectibles in various […]
The NFT industry is firing on all cylinders as more major brands are exploring digital collectibles. The latest franchise to embrace Non-Fungible Tokens is Star Was. Over 800 limited edition collectibles will be issued as NFTs with the help of StarColl. The NFT Industry Continues To Grow It is interesting to note the ongoing growth […]
At this point, non-fungible tokens, popularly known as NFTs, need no introduction. A by-product of blockchain technology, these digital collectibles have seemingly established themselves as digital diamonds and created immense new opportunities in industries like art, entertainment, and gaming. However, while NFT sales are skyrocketing, financial experts from across the globe are still debating whether these digital collectibles have any use-cases at all. To their satisfaction, most NFT projects too haven’t yet been able to present any use-cases for the “JPEGs”. But the SYNC Network is....