Tag Archives: NFT

Gary Vaynerchuk is a serial entrepreneur who has developed a huge following online with a prolific posts and initiatives touching on communications, sports, and digital advertising. But these days he’s all in on crypto – specifically the world of non-fungible tokens (NFT). His project, called VeeFriends, is built around collecting these digital assets and then cultivating an “extraordinary community” around them. It’s where he is putting his energy even as he predicts that “an NFT… Source link

Non-fungible tokens (NFTs) have exploded in popularity over the last year, with third-quarter sales coming in at a whopping $10.7 billion (up from $1.2 billion in Q2.)  A multitude of industries — from fashion to music — have taken full advantage of the surge as the unique tokens, which create a money stream for artistic items, continue to expand well beyond digital art and collectibles.  Musician, author and director Ahmir “Questlove” Thompson weighed in on the new trend during an… Source link

Non-fungible tokens, or NFTs, have enjoyed a breakout year, with third-quarter sales delivering an absolute exclamation point at $10.7 billion. And yet, despite that eightfold increase from $1.2 billion in the second quarter, NFTs are just getting started if you believe advocates who predict use cases for the technology are about to stretch into new industries far beyond digital art. The fashion industry is providing the latest mind-bending example of just that. Fashion juggernauts, like Dolce… Source link

Hollywood is seeking a new revenue stream in the hot market for non-fungible tokens (NFTs). With COVID-19 scaring away many moviegoers from theaters, and making blockbuster ticket sales harder to come by, a few entrepreneurs are getting more creative using blockchain technology. Enter a brand-new science-fiction movie starring Anthony Hopkins, which will be the first film to be auctioned off as an NFT. “Zero Contact” is being auctioned off by Vuele, an NFT film distribution platform that hopes… Source link

Rebecca Minkoff just became the first major American designer to make her collection available via NFT. In a new tech-forward collaboration with Yahoo Ryot Lab, unveiled Friday, the project offers digital versions of the designer’s fall/holiday looks, along with immersive online and augmented reality experiences. More from WWD The partners took WWD through a tour of the experience, which is debuting alongside New York Fashion Week. Optimized for mobile and also available via desktop, the… Source link

NFTs, meet NYFW. Yahoo is launching its first-ever NFT experience, partnering with designer Rebecca Minkoff in time for New York Fashion Week. The Rebecca Minkoff collection will be showcased in an augmented reality, museum-like experience that viewers can digitally walk through. They can “stop” at an image of a model wearing an outfit from the new line and can bid on the NFT image, and in some cases, the virtual clothes. There will be 15 NFTs total for auction: 10 image NFTs, with… Source link

Associated Press Japan’s gov’t sees Taiwan tensions as regional security risk Japan believes rising tension surrounding Taiwan requires its attention “with a sense of crisis” as China intensifies military activities in the area and the United States steps up support for the self-governing island. Japan’s concerns about Taiwan, Beijing’s growing rivalry with the United States and China’s increasingly assertive military actions in the region were added in an annual Defense Ministry… Source link

Famed auction house Christie’s wasn’t exactly sure what kind of demand it was going to see when it announced a $100 starting price for its first-ever digital art auction by way of a non-fungible token, or NFT, in February. Three weeks later, it had an answer worth $69 million. A bidding war exploded Thursday to close at a final price of $69.35 million on a collage of work, dubbed “Everydays: The First 5000 Days,” from rising digital artist Beeple (also known as Mike Winkelmann.) As Christie’s… Source link