Instagram Is ‘Exploring NFTs’ to ‘Make Them More Accessible to a Wider Audience,’ Says CEO

According to the CEO of Instagram, Adam Mosseri, the social media application is looking into non-fungible token (NFT) technology. During an ask-me-anything (AMA) session on Instagram, Mosseri said that the company wants to make NFTs “more accessible to a wider audience.” Instagram CEO: ‘We Are Definitely Actively Exploring NFTs’ Following the firm’s parent company Facebook … Read more

2021’s NFT Boom Pushes Collectors Toward Rare and Older Collections

In 2021, non-fungible tokens (NFTs) have been extremely popular and have become a billion-dollar industry this year. There’s been a number of NFT marketplaces and collections that have seen a massive number of sales and individual digital collectibles have sold for millions. The NFT hype has also caused significant demand for some of the earliest … Read more

Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs

On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ethereum for instant funds, Nexo is offering instant liquidity to NFT holders that don’t want to sell their NFTs. Nexo to Offer Loans for Bored … Read more

Adidas Reveals the Originals NFT Collection With Punks Comics, Gmoney, Bored Apes

On Thursday, the German multinational corporation Adidas announced the launch of the company’s first Adidas Originals NFT collection. The Adidas Originals NFT drop is in partnership with the Bored Ape Yacht Club (BAYC), the cryptocurrency investor Gmoney, and the comic series Punks Comics. Adidas Reveals ‘Into the Metaverse’ Originals NFT Collection Adidas continues to embark … Read more

Tony Hawk Launches ‘Last Trick’ NFT Collection to Commemorate Career and Signature Moves

Following the American professional skateboarder Tony Hawk’s first non-fungible token (NFT) sale on the NFT marketplace Autograph, Hawk is commemorating his career with a new series of NFTs called the “Last Trick” collection. The popular skateboarder’s latest digital collectibles showcase his most memorable tricks like the “Frontside Cab,” “Gymnast Plant,” and “Finger Flip” in animated … Read more

Otis Launches NFT Auction Platform That Transforms Real-World Items Into Digital Collectibles

As both fractional and traditional non-fungible tokens (NFTs) have seen exponential growth this year, the firm Otis has announced the launch of a marketplace called Otis House. The platform is a new NFT project that turns physical items into NFTs, and the tokens can be traded at any time for the physical items stored in … Read more