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NFT
IRS Seeks Public Opinion on Taxing NFTs
NFTs might soon be taxed as collectibles under the U.S. tax code if the United States Internal Revenue Service (IRS) decides to proceed with its planned route. However, before anything is finalized, the IRS is seeking public opinion on…
Aavegotchi Unveils the Powerful New ‘Gotchichain’
Aavegotchi, the popular community-owned NFT gaming protocol, is gearing up to launch its powerful new Gotchichain, a blockchain designed for all things Aavegotchi. The new chain will utilize Polygon Supernets, a technology that optimizes…
Judge Shelves Case Involving ‘Quantum’ NFT
A US judge has dismissed a lawsuit involving the highly priced ‘Quantum’ NFT after deeming it a desperate attempt to cheat a genuine artist out of his work. The dispute surrounded ownership, as the plaintiff sought to determine if…
Splinterlands Teases Land-Based Gameplay Update
Splinterlands recently unveiled details on its highly-anticipated Land-based gameplay expansion, The Secret of Praetoria. The popular blockchain trading card game released the latest tantalizing update, Land Phase 1.5, through its new…
Yu Suzuki to Launch Virtua Fighter NFTs
Yu Suzuki, the brains behind popular Sega title Virtua Fighter, is set to launch the game’s characters as NFTs, much to the delight of its fans. In a recent announcement, Sukuzi notes he will be teaming up with OASYX, an NFT protocol, to…
$17 Million CryptoPunks NFT Dump
It has been a turbulent few days for the darlings of the NFT world, CryptoPunks. The initial forecast was rosy as the quintessential blue-chip NFTs saw an incredible rise in floor price and market cap. Shortly afterwards however, NFT…
Magic Eden Takes a Step into the Bitcoin NFT Market
Two months after Bitcoin NFTs became commonplace thanks to the Ordinals project, prominent NFT platform, Magic Eden, has launched a Bitcoin NFT marketplace to bring these digital inscriptions to the masses.Ordinals allows users to…
EXIT Festival Secures Collaboration with NFT-TiX
EXIT Festival, a multiple ‘Best European Festival’ award winner, has unveiled a long-term partnership with revolutionary ticketing platform NFT-TiX. This groundbreaking collaboration will allow it to secure counterfeit proof access to…
Nike and RTFKT Debut IRL Air Force 1 Sneakers
Many major brands have tapped into NFTs to increase customer engagement, and Nike has been at the forefront of this amazing paradigm shift. Now, in what is a prime example of utilizing non-fungible tokens to create exclusivity and reward…
CryptoPunks Surpasses BAYC in Market Cap
The battle for supremacy within the NFT realm just got real. CryptoPunks has surpassed Bored Ape Yacht Club (BAYC) in market cap after the collection value rose by 13% in the past week. On the other hand, BAYC lost 8% of its value within…