NFT World

In the world of in the vast world of NFTs as well as crypto it's important to remember that volatility isn't just about volatilitySometimes, sudden surges within the price of an asset can indicate a long-term and sustainable growth.   This could be the situation with the recent nearly 400-percent increase Pudgy Penguins have been experiencing since August 18, according to information gathered from CoinGecko. It's not even over On Monday the Pudgy Penguin sold for an astonishing 400 ETH, valued at $625,758 as of the time of writing in accordance with  OpenSea . The surge came just a few months after an all-cash sale that saw the project handed over to a new management team in the event that the trust with the original team waned.   But what did happen to Pudgy Penguins that makes its recent redemption so significant and, perhaps, a sign of how larger NFT projects should be handled in the future? What  does it mean to be a Pudgy Penguin? In the NFT market's bull run in 20

Sir Anthony Hopkins, the Golden Globe, BAFTA , and Oscar-winning icon of television, film, and theatre, have joined forces in partnership with Web3 . Media company Orange Comet for a coming sequence of NFT drops that highlight his talent as an artist as per the information provided to nft in a press event that was held earlier with the actor. The project, dubbed The Eternal Collection, includes three drops centered around 10 animated digital images of Hopkins rendered as representations of different Jungian archetypes of characters Hopkins has played throughout his career. Their designs also reflect aspects of Hopkins his painting skills. Its release date would be on September 16, OpenSea . The project's name comes from the reference to the classic, timeless archetypes that form the collection theme that Hopkins collaborated in conjunction with The Orange Comet team to develop. The animations, which are high-quality Digital renderings of Hopkins his face, will include characters fr

According to anecdotal evidence, NFTs function as only digital experiences.   True, NFT events have regularly contributed to connect both the virtual world and IRL However, trading NFTs and interaction in NFTs, interacting with the NFT community, and utilizing blockchain technology all happen behind an electronic screen. If we look at the huge potential of ticketing using NFTs within the context of concerts, it shouldn't be unreasonable to think the possibility of more applications that connect NFTs and experiences that take place in person soon.   And as developers and artists alike build toward integrating NFTs into real, everyday life (such is the goal of  SoulBound Tokens ) an initiative of live arts entertainment company Secret Walls has caught the interest of the entire NFT community . Art on the street live and...NFTs? Secret Walls has launched a limited-edition, free digital art series as well as a Rewards program in collaboration and Palm NFT Studio -- the  prominent techn

Depending on the person you are asking, blockchain gaming could be or will be the next trend in Web3 or   an unpopular trend   that businesses should steer clear of engaging in. The market is divided and determining an objective temperature about the subject isn't easy.   Minecraft removed NFTs from their famous title. GameStop launched an NFT market and The WAX blockchain has grown into an important hub of Web3 gaming as well Axie Infinity has been striving to recover from the infamous $615 million hack that occurred at the beginning of the year.   Two of the most played games using NFTs,  Decentraland , and  The Sandbox  are battling to surpass the 1,000 active monthly players. Whatever way a person or company is feeling about blockchain-based games they'll certainly influence the future of the industry.   The implications that NFTs bring to the gaming industry over the long term is yet to be observed.   However, we can make some educated speculations. Blockchain gaming'

Reator royalties have been a major part of the NFT market over the years.   Artists of all faiths were able to survive in the early days Web3.0 creative economy by a combination of primary sales and kickbacks from secondary market royalties. Despite being crucial, creator royalties are not hard-coded into any smart contracts.   Creator royalties  also known as creator fees  are an option that is used to reserve a percentage of secondary sales (peer to peer trades), and send it back to the NFTs originalator. Most collectors don't mind paying an artist a royalty fee when collecting secondaries.   It's almost impossible to avoid paying creator royalty fees in the NFT space, even though it is an option.   This could be either a good thing or a bad thing depending on your source. Decentralized payments are made through centralized means. OpenSea is an example: When an artist's NFT sells in the secondary market on OS the platform receives the royalty through the transaction.   Op

Fortunately however, it is a good thing that the "crypto bro" stereotype  isn't completely untrue. popularity .   As of this writing, the majority users within this Web3 space are males in addition, that's why the NFT space  ought to be doing more to support black artists.. However, now Web3 companies are taking note of this.   They are taking steps to improve accountability.   The Proof company is among the most popular Web3 players that is trying to achieve exactly this. If you've not known about the group, then you definitely have heard of their work: Proof is the name of the company which manages Proof Collective, the exclusive  members-only NFT community  behind projects such as  Moonbirds ,  Oddities  and Grails, among other projects.   In the past, Proof revealed that it had accepted seven Web3 organizations to the Moonbirds community, and gave them with 400 Oddities NFTs, as per information that was shared with nft through Amanda Gadbow, Head of Culture an

                                                                                                         OpenSea has partnered with the Friends With Benefits DAO to help manage the launch of The Flock, an "immersive galler exhibition" and "curatorial project", according to a press release.   The series of one-of-1 NFTs is a heavenly, glowing exhibit that will include works by artists such as Ayaka Ohira and Case Simmons. Vivian Fu and many others are also included. It won't be a simple launch.   This collaboration will be the first to see  OpenSea’s  homepage taken over completely by the FWB DCAO. The site will then feature the FWB DAO's list of Web3 artists on its front page.   OpenSea's homepage featured works had never been curated before this collaboration.   An ex-employee at OpenSea took advantage of homepage curatorial privileges in Web3's largest  NFT marketplace  to make insider trading one of the most prominent cases in the NFT space . Op

Gamers have used video games for years to relax after a stressful day at work or school.   The hobby serves two purposes: it's a pastime, and it can also be used to create and share stories.   If your skills are not in the 99.9th percentile, it is impossible to turn your time spent playing a single game into IRL income. What if things were different?   Play-to-earn (P2E), a new type of game, is here. What is a play to-earn NFT game? NFT-driven P2E (also known as "crypto" games) gives players the chance to own their in-game assets. These assets are mint by P2E game developers as NFTs on .   While they are almost identical to their traditional counterparts in function, in-game currency and NFTs can be used as crypto. These virtual items, which include skins, characters, weapons, and virtual land, can all be traded for profit just like any other NFT.   Some of these assets can fetch  a staggering amount  on secondary markets, just as with other NFTs. How does 'play-to-ea