Propy up 227% as real estate NFTs become a reality and PRO listings at Coinbase

Nonfungible Tokens (NFTs) have grown in popularity throughout 2021 as the general public was enthralled by projects like Bored Ape Yacht Club and CryptoPunks, but these unique digital images only scratch the surface of what NFT technology is able to. One project focused on expanding the functionality of NFTs beyond the digital art space is … Read more

Foam Shoe Giant Crocs Files NFT and Digital Collectibles Trademark Application – Bitcoin News

According to a recent trademark filing, Crocs, the American shoe company based in Colorado, may be diving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes, and the application describes a protocol that can manage and store digital collectibles. Crocs Trademark Application Describes “Downloadable Virtual … Read more

$2.5 Billion in NFT Sales This Week, Volume Up 161%, Meebit’s NFT Sales Rise – Markets and Prices Bitcoin News

In the past seven days, $2.53 billion in non-fungible tokens (NFT) were sold, up 161% over the past week. The Ethereum blockchain saw the most NFT sales totaling $2.45 billion, while the Solana network saw around $31.9 million in NFT sales this week. Among 258,536 NFT buyers this week, NFT collection Meebits generated $1.23 billion … Read more

How Wikipedia’s classification of NFTs as “not art” impacts equity in the art world

Wikipedia Getty Images In many ways, NFTs have provided artists with an opportunity to bypass traditional gatekeepers and allow a wider range of artists to reach collectors and sell their work independently. However, a recent vote by Wikipedia editors introduced a new kind of gatekeeping: the popular online encyclopedia decided not to classify NFTs as … Read more

Iris Nevins founded the company Umba Daima to promote black NFT artists

In early 2021, Iris Nevins, a longtime art collector, officially dedicated her career to promoting artists. She originally planned to create an online store for artists to sell their work with her co-founder Omar Desire. But when she learned about NFTs, or non-fungible tokens, in 2020, she decided the technology would be a “much more … Read more