New report predicts NFTs will explode in popularity during 2021

NFTs are pumping right now, with a new report identifying more NFT sales in the last 24 hours than during the entirety of 2020. Canadian-based analytics company NonFungible has released a report predicting that 2021 is poised for “a new Bull Market in the NFT industry.” Although NFTs have been around since ERC-721 was invented by William Entriken, Dieter Shirley, Jacob Evans, and Nastassia Sachs in January 2018, the sector largely remained an obscurity outside of hardcore crypto circles until the latter part of 2020.

Sandbox Games and NFTs: Microsoft and Enjin Issue Minecraft-Compatible Blockchain Collectibles

Players who enjoy the best-selling video game Minecraft will be able to transfer blockchain-based non-fungible token (NFT) assets into the game.

NFTs take center stage at ETH Denver 2021

NFTs are a hot topic at this year's virtual ETH Denver, with adoption and DeFi use cases dominating the talks At ETH Denver’s virtual conference, non-fungible tokens have been in the limelight with seven mainstage presentations devoted to utility, adoption, and novel use cases — a sign of growing acceptance for what was once considered a niche or lesser application of blockchain tech. While the seven presentations have been dwarfed by decentralized finance’s 14 (not to mention a dedicated four-hour summit), the stage time comes on the back of a remarkable year for NFTs.

Linkin Park’s Mike Shinoda Auctions his First Non-Fungible Token

Musician Mike Shinoda, guitarist and founding member of the American rock band Linkin Park, has auctioned his first non-fungible token (NFT) for a charitable cause.

Sweet Launches Broad-Scale NFT Solution in Partnership With Bitcoin.com

PRESS RELEASE. February 4, 2021 – New York, New York – Sweet, in partnership with Bitcoin.com, has announced the launch of a highly-scalable Non-Fungible Token (NFT) platform for the broad distribution of digital collectibles and digital merchandise.

Barcelona FC Player Gerard Piqué Invests in Ethereum-Based Fantasy Football Platform Sorare

The Barcelona FC captain has announced his official inception into the non-fungible token (NFT) industry by investing $4.3 million in the fantasy football platform Sorare.

Survey: There Is ‘Significant Room’ for the NFT Market to Grow Despite Widespread Lack of Knowledge Among People

A survey about non-fungible token (NFT) trends on crypto users revealed that 47% of correspondents had heard of NFT, and among these, 63% of them had only a basic understanding about it, while 57% of them had never used them.

‘Why I spent $111K on a digital F1 Car’ — NFT collector

The buyer of last year’s most expensive NFT has finally come forward.

Pewdiepie Joins the Blockchain AR Game Wallem, Players Can Buy Youtube Star’s NFT Skin

The world-famous gamer and Youtuber, Pewdiepie is getting involved with another blockchain project called Wallem, a 3D augmented reality video game that uses non-fungible tokens (NFTs) for skins and items.

The future of NFTs in DeFi: A conversation with Aavegotchi's Jesse Johnson

Where do NFTs fit into DeFi, what's next for a space awash with funding, and how do DAOs manage NFT content? Jesse Johnson discusses with Cointelegraph Non-Fungible Tokens (NFTs), once the red-headed stepchild to more popular smart contract implementations, are finally beginning to have their day in the sun.  Average purchase prices of NFTs on peer-to-peer exchanges are rising sky-high.

Peer-to-peer NFT sales surge as average purchase price increases 7X

The total lifetime NFT volume on the Ethereum blockchain alone has exceeded $120 million. Non-fungible tokens and digital collectibles have been selling like hotcakes over the past couple of months as volumes on peer-to-peer marketplaces surge. From NFTs representing NBA finals moments to crypto industry character cards, the total lifetime NFT volume on the Ethereum blockchain alone has exceeded $120 million, according to crypto research firm Messari. Messari’s research tracked the demand for NFTs, which includes digital art, collectibles and in-game items, over the third quarter.

An Ethereum VR Game Featuring Atari and Care Bears Sells Plots of Virtual Land for $76K

A great number of Non-fungible tokens (NFTs) have been selling on various marketplaces this year creating tens of thousands of dollars in NFT sales.

NFT Craftiness: Mint a Non-Fungible Token Art Collectible in Less Than 15 Minutes

In the last few months the non-fungible token (NFT) art space has exploded and data shows that there’s been over 4.9 million sales worth well over $128 million to-date.

VeChain Wants Developers to Migrate NFT Projects to VeChainThor

Non-fungible tokens (NFTs) are vying for a bigger slice of the crypto pie.

Binance buys virtual property in blockchain game The Sandbox

Binance has acquired virtual real estate property on the leading blockchain gaming platform The Sandbox. The cryptocurrency giant Binance has acquired virtual space within the blockchain gaming platform The Sandbox by buying 4,012 LAND tokens — each of which is a non-fungible token representing a piece of unique virtual real estate in The Sandbox metaverse. The Sandbox’s virtual world allows its users to own, create and monetize their gaming experiences using the native utility token of the ecosystem, SAND, as well as LAND tokens. Binance plans to use its LANDS to organize social gaming events such as NFT and game creation contests within The Sandbox platform and reward the best creators of the contests with LANDS. Scheduled for a public beta release in December 2020, The Sandbox has so far organized four LAND presales and sold tokens worth almost $1,500,000.

Hollywood Royalty Flexes Crypto-Art Goals: Ashton Kutcher Auctions NFT Digital Art for ETH

Actor and venture capitalist Ashton Kutcher’s first attempt at digital art, an awful piece titled “The Eye of the Beholder”, is auctioning at Cryptograph.

Non-fungible Digital Artwork Sale Shatters Records, ‘Picasso’s Bull’ NFT Sells for $55K

During the first week of July, news.Bitcoin.com reported on the growing sales of non-fungible token artwork being sold on marketplaces like Opensea, Nifty Gateway, and Makerplace.

Review: Pavillion Hub and 22nd Century Racing Series

Pavillion Hub brings blockchain technology to the Steam gaming platform, and 22nd Century Racing Series is a worthy showcase of the possibilities this enables. As blockchain technology continues apace in its quest to infiltrate and improve the gaming sector, multiple platforms have been springing up to vy for your attention. Earlier this month Cointelegraph reported on Pavillion Hub, developed by GOATi entertainment and powered by Phantasma blockchain, which integrates with the Steam gaming platform.

Exploring Decentraland: A Review of the Virtual World Built on Ethereum

During the last two weeks, I’ve been roaming around the virtual world Decentraland in order to get some perspective on the platform supported by the Ethereum Blockchain.

‘Wonder Woman’ Illustrator and British Artist Terry Flaxton to Sell Ethereum-Backed Art

The non-fungible token (NFT) and blockchain-backed collectible economy continue to see demand and the digital art market Makerplace has seen enormous growth recently.