NFT

Bored Ape Yacht Club (BAYC) NFTs hit the market in April 2021 and instantly gained massive popularity. Moreover, it lit up the PFP NFT market, now emerging as one of the most exciting and profitable digital asset investment sectors. This article looks at the 5 BAYC-like NFT projects that hope to mimic the same success. But first, we dive deeper into the world of PFP non-fungible tokens to discover what makes them so popular and desirable. What Are PFP NFTs?…

Legendary soccer player Cristiano Ronaldo (CR7) has inked a multi-year non-fungible token (NFT) deal with leading crypto exchange Binance. Through this partnership, Binance will launch a global promotion to introduce Cristiano’s fans to the Web3 ecosystem. Neither Binance nor the football legend disclosed how long the agreement would last. [embed]https://twitter.com/binance/status/1539969367726620674[/embed]   In a subsequent blog post, Binance said this deal would see it work with Cristiano to create a series of  NFT collections. The collections will only be available for…

NFT collective Doodles recently dropped two major announcements at a show hosted alongside the 4th annual NFT NYC Conference.  Pharrell Joins Doodles NFT The team has brought popular musician and producer Pharrell Williams onboard as Chief Brand Officer. Additionally, the project has completed its first funding round, led by venture capital firm Seven Seven Six.  The “Happy” singer's position will see him bring a fresh perspective to Doodles' music, artwork, consumer products, animation, and events. Most importantly, Williams will also…

Microsoft co-founder Bill Gates has once again expressed his loathe for digital assets, this time factoring in non-fungible tokens (NFTs). Speaking at the Techcrunch Sessions: Climate event in Berkley, California, Gates said he is not a fan of crypto and NFTs. Specifically, the American Business Magnate said cryptocurrencies and NFTs are 100% based on the greater fool theory. The greater fool theory refers to the idea of someone making money by buying overvalued assets and selling them for a profit…

If you were familiar with the meme-coin craze, you have likely heard of POODL. It is one of the oldest meme coins in the market whose story is rather impressive. Like many other meme coins, a developer created POODL, then did a pump-and-dump scheme on the initial token holders. Attempted to run away with the profits but the community rescued the token. The community behind this project believed in its potential and took action to revive it. From forming an…

Many people are interested in buying NFTs for a variety of reasons. First and foremost, there's the collector aspect to it all. Non-fungible tokens, like stamps, trading cards, and vinyl records, appeal to collectors because of their rarity. The potential value of NFTs is also of interest to collectors. Rare NFTs managed to collect millions of dollars from some buyers. International speculators are taking note of these prices, hoping to profit from what may be the next great collectible. It…

In a world where NFTs are becoming more and more valuable, NFT theft is a real threat. Criminals and technology are evolving, and users need to move with care in this growing market. Our guide will provide more details on this dangerous trend and share guidelines for reducing the risk of NFT theft. Stealing NFTs – Myth or Reality? When it comes to stealing NFTs, exploiting human mistakes is a typical strategy for a hacker. With the hacker's access to…

In the context of NFTs, utility refers to the advantages of owning one of these digital assets.  Of course, we can buy and sell NFTs on the market, but there is usually more to them in terms of utility.  We can find the utility in many different ways. For example, buying NFTs may enable us to get physical goods, airdrops, or future whitelist spots in new projects. Our guide will critically examine the topic and provide readers with essential details.…

The growing popularity of non-fungible tokens (NFTs) often creates situations where market demand outweighs the supply. Therefore, the scarcity (or “rarity”) of an NFT is an essential feature influencing its value in the eyes of investors. In such a highly competitive market, a group of creators devised a clever trick to benefit investors. As a result, the NFT whitelisting practice is becoming increasingly frequent in this market, and our guide will explain how the system works. What Is NFT Whitelisting?…