Tag Archives: NFTs

Donald Trump speaks during an election night event at Mar-a-Lago on November 08, 2022 in Palm Beach, Florida.Joe Raedle/Getty Images Digital World Acquisition fell 10% on Thursday after Donald Trump launched a line of $99 NFTs. Trump has teased a “major announcement” on Wednesday that led to a spike in Digital World’s stock price. Those gains were erased on Thursday as SPAC investors digested Trump’s NFT announcement. Former President Donald Trump’s launch of $99 digital NFTs failed to gin up… Source link

When Stefan Prodanovic began experimenting with graphic design at age 13, jointly creating digital games with a school friend who worked on the coding, he never could have anticipated the hobby would turn into a rather lucrative business into his adulthood. Today, Prodanovic is earning $20,000 a month creating artwork for non-fungible token (NFT) collections. The 25-year-old graphic designer from Bosnia, who has become a top-rated seller on Fiverr — an online marketplace for professional… Source link

Snoop Dogg once dreamed that his son, Cordell Broadus, would play professional football. But instead of the NFL, the younger Broadus eventually took a liking to another kind of rough and tumble sport: cryptocurrency. Back in 2017, Broadus was introduced to crypto by now deceased rapper Nipsey Hussle, who urged him to get into digital tokens to buy virtual real estate. He didn’t act right away, but when the crypto market crashed in 2018, his interest was piqued. Since then, he’s taken on… Source link

John Lennon’s son, Julian, is turning items from his personal collection of Beatles memorabilia into NFTs, or non-fungible tokens, that are being sold at auction. The items, which are each one of a kind, include the coat John Lennon wore in the “Magical Mystery Tour” film and three Gibson guitars the music legend gifted his son. The centerpiece of the “Lennon Connection” auction are notes written by Paul McCartney for the song “Hey Jude,” which was originally titled “Hey… Source link

A new form of NFTs is attempting to radically change the way we buy tickets for live events. Josh Katz is the CEO of YellowHeart, a blockchain live event ticketing platform based in New York City. Katz joined Yahoo Finance Live to discuss NFT tickets on Monday. In essence, NFTs (non-fungible tokens) are allowing tickets to now be a direct link between the artists or performers and the fans. Whereas previous online ticket sales usually took place between a third party responsible for… Source link

We are less than a month into the New Year, but so far 2022 has not been kind to crypto. The price of bitcoin (BTC-USD), the granddaddy of digital currency, is off to its worst yearly start since the dawn of crypto, down roughly 40% from its all time high, and analysts are bracing for more volatility ahead. But true believers are not backing off. While it’s mostly young men who are trading cryptocurrency, research finds a growing number of women are taking the plunge and even prefer trading… Source link

Shark Tank investor and crypto-convert Kevin O’Leary believes non-fungible tokens (NFTs) will be bigger than bitcoin (BTC-USD). The chairman of O’Shares Investments told Yahoo Finance Live that NFTs offer value because of their ability to digitally track the ownership, authenticity and inventory management of real-world items like vintage watches (of which O’Leary is a big collector), sports memorabilia, artwork and other assets. “One of the biggest challenges I have is inventory… Source link

The non-fungible token (NFT) market has exploded this year into a $27 billion segment of the crypto market according to a new report from Chainalysis, which underscored what separates the most profitable digital collectors from the rest. NFTs are a family of crypto assets that hold ownership of unique data linked to a blockchain — most often Ethereum (ETH-USD). They can be packaged as digital collectibles, works of art, music, video game items, real estate of virtual reality platforms, and… Source link

With major tech players like Facebook (FB) and Microsoft (MSFT) staking their claims to the metaverse, its technology has seen a meteoric rise into the mainstream consciousness. According to Kraken CEO Jesse Powell, the advent of metaverse platforms could have significant implications for cryptocurrencies, NFTs, gaming, and more. Powell likened the metaverse to existing virtual universes found in popular online video games such as Second Life, World of Warcraft, and Runescape. “People grew… Source link

Serial entrepreneur Gary Vaynerchuk understands that some people don’t get all the hoopla around non-fungible tokens (NFT) and even some who “think I’m a snake oil salesman” for promoting them. But buckle up, he says, like it or not, NFTs are going to be a part of everyone’s daily life sooner than many might think. “It is the holy grail for humans, it’s just that we’re the fortunate humans that are here when it’s being invented,” he said Tuesday at “Crypto Goes Mainstream”… Source link