Nifty News: IHOP bamboozles crypto users with ‘NFT,’ Logan Paul’s NFT falls t...
The YouTube star’s huge loss on his NFT has been bumped up by a measly bid after he shared how much it had dropped in value since his purchase last year. American restaurant chain International House of Pancakes (IHOP) piqued the curiosity of Twitter users last week when it announced it would be “jumping on the bandwagon” and dropping its own ”NFT.” As it has turned out, its new “NFT” is neither nonfungible nor a token. The pancake chain’s initial announcement on Oct. 6, made to sound like it was entering Web3 with a nonfungible token (NFT) drop, was met with a mixed response. One Web3....
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The floor prices for Logan and Jake Paul’s NFT collections have dropped a hefty 62% and 98%, respectively, since their all-time highs. The monumental growth of the nonfungible token (NFT) sector in 2021 was a double-edged sword. While it may have transformed the wealth of countless investors and artists alike, it also gave birth to an alarming trend of popular figures who pounced on the tech to turn JPEGs into a quick profit. Here, we’ll take a look at four influencers and celebrities who allegedly threw quality and utility out the window to vacuum capital out of their supporters’ pockets....
A famous Youtuber and now boxer is making inception into the non-fungible token (NFT) industry to promote his artwork. Logan Paul will gift NFT-based cards as part of an auction of the rare “Pokemon 1st Edition Booster Packs” game collection. NFTs Feature Logan’s Holographic Image With His Boxing Gear According to the announcement, Paul acquired packs of Pokémon cards after spending $2 million on them. The set of cards was released in 1999 by Wizards of the Coast, which contains 102 cards. Paul will be auctioning all 36 packs of the Pokémon game cards from....
Winning bidders on Logan Paul's auction of first edition Pokemon card packs will also receive a limited edition NFT featuring the man himself. Controversial YouTube celebrity Logan Paul has jumped on the nonfungible token, or NFT, bandwagon as part of his latest self-promotion.Decentralized e-commerce platform Bondly announced Feb. 4 that it will create a limited edition of 44 NFTs featuring a "holographic" image of Paul in his boxing gear mocked up as a Pokemon card.The NFTs will be distributed to auction winners in Paul’s upcoming Pokemon Box Break.The YouTuber recently acquired six....
Nifty Gateway, the non-fungible token (NFT) marketplace has announced that the company has partnered with the electronics giant Samsung. The two firms have been working on the “first-ever smart TV NFT platform” and Nifty Gateway is already integrated into Samsung’s 2022 premium TV product lines.
NFT Marketplace Nifty Gateway Partners With the Electronics Giant Samsung
During the first week of January, the electronics company Samsung revealed it was getting into non-fungible token (NFT) technology and NFTs would be introduced into the company’s TV....
Nifty Gateway is aiming to become carbon negative while BNP Paribas' CEO likens NFT investing to casino gambling. The non-fungible token rush has seen every man and his Doge flock to the non-fungible market to cash in on the recent craze for tokenized collectibles. Even celebrities one would presume to have little engagement with crypto assets have been rushing to cash in, with the likes of John Cleese, Tony Hawk, Lindsay Lohan and Ja Rule cobbling together NFTs of varying artistic merit in recent months. However, surging NFT adoption has led to public backlash over the perceived carbon....