South Korean Music Sharing Platform Registers NFT Music Theft Prevention Patent

A South Korean music sharing platform, Koong World, recently announced the registration of a non-fungible token (NFT)-based music theft prevention patent. Using this patent, the music sharing platform aims to “solve the problem of copyright protection in the rapidly growing music market.” Tackling the Problem of Copyright Infringement in the Music Industry A South Korean … Read more

NFT Trade Volume Jumped 23% Higher This Week Capturing Close to $1 Billion in Sales

Non-fungible token (NFT) sales have increased by 23.56% over the last week, as $945.2 million in sales were recorded across 15 different blockchains during the last seven days. NFT sales stemming from Ethereum jumped 29.16% in seven days, gathering $863.2 million in sales or 91.32% of the $945.2 million in sales. One particular NFT collection … Read more

Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine

A tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. The money from the collectibles, representing almost 2,500 Russian regions, will be used to help rebuild Ukraine, which was invaded by the Russian army two months ago. Georgian Project Auctions NFTs of Russian Land, … Read more

Derivatives Exchange Injective Pro Launches Bored Ape NFT Floor Price Perpetuals

During the last year, the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection has become one of the most popular NFT projects. After weeks of a continuous rise in value, the current floor price for a single Bored Ape NFT is 130 ether or $382K. Following the floor price rise, the decentralized derivatives exchange … Read more

Moonbirds NFT Sales Skyrocket Capturing $364 Million in 5 Days

A non-fungible token (NFT) collection called Moonbirds has been a topical conversation within the NFT community as the compilation’s sales have been enormous. The Moonbirds NFT project started selling five days ago on April 16, and since then statistics show the collection has seen $364.83 million in sales. Moonbirds NFT Collection Takes the Top Spot … Read more

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