When dollars meet the hype: The biggest NFT hits from celebrities
Nonfungible tokens continue to drive millions of dollars in sales. Here are the biggest NFT earners of 2021 so far. Nonfungible tokens have quickly become a mainstream phenomenon, and a number of celebrities and entertainment and sporting icons are driving their popularity. The question is: Which NFT has had the most influence on this up-and-coming sector?There is no denying that NFTs have taken the world by storm as some of the most popular digital collectibles have attracted mind-blowing price tags and led to a stampede of newcomers looking to make the most of the spotlight on the....
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The next few years are likely to be very interesting, as the nonfungible token market opens digital collectibles for fans and investors. The nonfungible token (NFT) market is growing. According to a new report by analytics platform DappRadar, NFT trade volume soared past $10 billion during the third quarter of 2021, a sevenfold increase from the previous quarter’s figure. Although a significant slice of that action comes from runaway hits like NBA Top Shot, CryptoPunks and gaming platform Axie Infinity, NFT use cases are rapidly proliferating as creators recognize their potential.In the....
In 2021, celebrities have been flocking to the cryptocurrency space in great numbers, and the non-fungible token (NFT) asset craze has swelled with luminaries as well. During the last few weeks, musicians, artists, professional sports players, and more have dipped their toes into the NFT ecosystem. Celebs Have Noticed the NFT Hype and Want In Data from nonfungible.com’s market history shows that there’s been 27,850 non-fungible token (NFT) asset sales in the last seven days. The 27,850 sales had settled for $42 million and the average price per NFT sale was $1,520 using March....
The crypto hype has seen a surge in all parts of the world over the past couple of years. While some countries have embraced this novel technology with open arms, others have been very much opposed to the idea, even going as far as creating policies against trading crypto. One of such countries is India. […]
2020 saw a number of celebrities make waves in the crypto space, from crypto-powered cities and SEC lawsuits to Bitcoin newcomers. Celebrities have long been used to promote brands, products and services to varying degrees of success, and the cryptocurrency space has been no exception to this practice. In years gone by, the biggest names in the world of entertainment have made waves in the crypto space for endorsing or investing in projects, tokens and companies. Some have stayed, others have gone and a few have ended up in hot water for their forays into the crypto cauldron.2020 has also....
Last month, over 600 people congregated in Las Vegas for the Inside Bitcoins conference, including yours truly. The critical mass of bitcoin pioneers and thought leaders was stunning, and I wrote about the top ten movers and shakers I had the chance to meet in person. This past weekend, nearly twice as many people attended the North American Bitcoin Conference in Miami, and the attendees continued to wow me with their enthusiasm, creativity, and raw intelligence. As I flew back to Boston, I realized that the conference's palpable energy stemmed just as much from the quality of the....