The world of Non-Fungible Tokens (NFTs) just experienced a tragedy. On April 22nd 2021, Recur, an NFT platform, collapsed after less than a year in operation. Despite having a Godfather in the form of Figment Networks, Recur was not able to survive and ultimately sought protection from the sharks that swim in the digital waters.… Continue reading Godfather NFTs Weren’t Enough to Prevent Recur From Sleeping With the Fishes
Tag: nft
Monthly sales
The world of Non-Fungible Tokens, or NFTs, have been gaining traction in the tech world over the past few years. However, recent news out of the NFT space is not good. According to a report from DappRadar, monthly NFT sales fell for the fifth consecutive month in July, dropping to $495 million in total. This… Continue reading Monthly sales
Want to buy an NFT with your credit card? Magic Eden lets you do just that
If you’re looking to buy an NFT with your credit card, then Magic Eden has the perfect solution. Magic Eden is a crypto service that lets you purchase NFTs using your credit card. This is a great option if you don’t have a crypto wallet as it eliminates the need of having a cryptocurrency wallet… Continue reading Want to buy an NFT with your credit card? Magic Eden lets you do just that
NFT market shows signs of recovery as January trading volumes hit 7-month high
The NFT (Non-Fungible Token) market has been experiencing a tumultuous year since the global pandemic struck. Last year, the market was largely inaccessible for trading due to lockdowns and related restrictions. Yet, the good news is that the market is showing signs of recovery. In January of 2021, the NFT market saw its highest trading… Continue reading NFT market shows signs of recovery as January trading volumes hit 7-month high
Starbucks’ NFT program may drive more digital collectible integrations with big brands
In recent years, the world’s most renowned coffee brand – Starbucks – has become increasingly intertwined with the blockchain industry. After a 2020 partnership with Microsoft to track its coffee supply chain, Starbucks has now been trading Non-Fungible Tokens (NFTs) in an effort to provide its customers with digital collectibles. By introducing this new program,… Continue reading Starbucks’ NFT program may drive more digital collectible integrations with big brands