NFTs break monthly trading record with $4 billion in sales

News

20 January 2022

NFTs break monthly trading record with $4 billion in sales

The digital collectibles market is still booming as OpenSea tops $4bn in trading volume. The current buzz surrounding blockchain-based digital collectibles, better…

Forget gift cards: give the gift of crypto this Christmas and buy someone an NFT

News

21 December 2021

Forget gift cards: give the gift of crypto this Christmas and buy someone an NFT

It’s unique. It’s fashionable. It’s crypto. Give the gift of an NFT this Christmas. Why not give someone an NFT instead of…

5 things every PR professional should know about NFTs

News

7 December 2021

5 things every PR professional should know about NFTs

Every day, it seems, a new technological trend emerges that alters the way we engage with one another, brands, and customers. Increased…

NFTs are reinventing the music industry

News

29 November 2021

NFTs are reinventing the music industry

Find out about how this revolutionary technology is reinventing the music industry before our eyes. The music industry has been inextricably linked to technology since the discovery of sound recording in 1877. Technological innovations have influenced how music is made, played, saved, distributed, and enjoyed, from the first discs to streaming services like Spotify and Apple Music, from the birth of record changing to the rise of modern electronic sound. Non-fungible tokens (NFTs) swept the music industry this year. Hundreds of singers and musicians, including artists like Grimes and iconic bands like the Rolling Stones, were drawn to the new technology. Some of these artists have made millions of dollars by selling tokenized versions of their tunes, digital art, or bundles of virtual and real-world products. NFTs and fan tokens have the potential to completely transform the music industry. We are witnessing a significant and long-lasting shift in how musicians create music and interact with their fans. We may let the early figures speak for themselves using NFTs. “Even if I upload the full version of the contained song to DSPs globally (which I can still do), I would never make even close to $10k, including costs from DSPs, label, marketing, and so on,” Linkin Park’s Mike Shinoda recently tweeted. There isn’t much that can’t be tokenized. Music tracks, artwork, text, apps, files, and even physical objects like concert tickets or one-of-a-kind goods can all be accompanied with their own NFTs, allowing artists and content creators to provide new experiences to their audiences. The release of Kings…

Reddit announces plans to build NFT platform

News

29 October 2021

Reddit announces plans to build NFT platform

The social media giant is making plans to enter the Non-Fungible Token market, opening a platform that will allow users to “create,…

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