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Latest NFT News
OpenSea’s Pathbreaking Standard and Vision for Redeemable NFTs
In the dynamic realm of NFTs, a revolutionary concept has been gaining substantial traction—redeemable NFTs. These unique tokens have quickly found their place in fashion, gaming, PFPs, and other domains, offering creators a means to fuse art with utility and experiences. However, their journey so far has been hindered by […]
Michael Ghory: A Powerhouse Addition to YugaLabs
YugaLabs’ recent acquisition of talent has set the NFT and blockchain communities abuzz, and rightly so. The new Vice President, Michael Ghory, boasts a resume that reads like a who’s who of the retail world. Former stints at athletic juggernauts Nike and Adidas, and the luxury brand Coach, only scratch […]
Pudgy Penguins expands into Clothing brand IGLOO
Pudgy Penguins, a name that rings familiar for many in the NFT space, has recently launched a brand extension: Igloo. Diving deeper into the world of mainstream fashion, Pudgy Penguins are not only tapping into the NFT universe but also branching out to cater to a wider clothing audience. The […]
Thriving NFT Art Amidst Changing Trends: Resilience Beyond PFP Projects
TL;DR: while many PFP projects have lost steam, the NFT art scene is proving its resilience. The recent surge in high-value art sales, including “I Found You” by @cathsimard_, “Dreams of Dalol” Skulls of Luci” by @SamSpratt, “Solver” by @thisjackkaido, and “Tennis” by @artoflucaboni, underlines the importance of artists’ dedication […]
The SEC’s Impact Theory on NFTs: A Deep Dive into the Impact Theory Case
The SEC’s Stance on NFTs: A Deep Dive into the Impact Theory Case In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has moved to crack down on what it perceives as irregularities in the crypto space. The target? Impact Theory, LLC, an LA-based media and entertainment entity, […]
Tomorrowland’s Web3 Success: A Paradigm Shift in Festival Engagement Through NFTs
In the burgeoning landscape of blockchain and Web3, few have managed to harmonize technology and experiential moments as effectively as Tomorrowland. With a remarkable $2.2 million revenue from its NFT sales, Tomorrowland has not only demonstrated a tangible economic impact but also showcased the immense potential of NFTs to redefine […]
Latest NFT Artists
Pudgy Penguins Confirms $10M Investment Plans
Popular NFT collection Pudgy Penguins has confirmed its plans to raise up to $10 million in funding, which would give the project a valuation of $50 million. This news comes as several other high-profile NFT projects have also attracted substantial venture capital investments. Pudgy Penguins, consisting of 8,888 unique, Ethereum-based […]
CAN ART CHANGE THE WAR? – The Charity NFT Project from world-renowned artist JR is LIVE
A SOLIDARITY NFT PROJECT FOR UKRAINE – LIVE NOW NFT Culture Labs has supported JR and his team to turn this vision into a reality as quickly as possible. To do that and maximize exposure and opportunities for the people of UKRAINE JR has created two NFT options. First, collectors […]
Venmo Unlocks Crypto Transfers, Takes Major Step Towards Mainstream Adoption
PayPal’s Venmo app has quietly made a major move in the world of crypto. From May 2023, Venmo users will be able to transfer crypto to other Venmo accounts, PayPal accounts, and external wallets, including Ethereum MetaMask wallets. While PayPal and Venmo have allowed users to buy, hold and sell […]