The Official NFT Culture Daily Drop Schedule: 2022-11-18
Exclusive Daily Drop Details The Official NFT Culture Daily Drop Schedule: 2022-11-18
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Adidas Unveils Virtual Wearable NFTs
Adidas unveils its first line of NFT (non-fungible token) wearable products called Virtual Gear. adidas Originals unveils a limited collection of blockchain-based virtual wearables, released as non-fungible tokens (NFTs) on adidas.com/metaverse. Representing the brand’s first NFT collection of wearables, which is a new, interoperable product category adidas calls “Virtual Gear”, […]
The Official NFT Culture Daily Drop Schedule: 2022-11-17
Exclusive Daily Drop Details The Official NFT Culture Daily Drop Schedule: 2022-11-17
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Blue Chip NFT Capitulation
The world of NFTs has seen a lot of excitement and hype over the past few years, with many blue-chip NFT projects capturing the attention of collectors and investors alike. However, as the market has matured, many of these once-popular NFT projects have fallen from their previous all-time highs. One […]
2021 NFT Trends and the Global Art Market as a whole
NFT Culture staff has taken a deep dive into the Global Art Market, and created an analysis of future trends for NFT art sales. Traditional Art Galleries are suffering. From 2019 to present, global art sales are rapidly shifting to online mediums. Physical art galleries suffered a significant impact from […]
NFT Holders Beware: IRS Issues First Formal Guidelines on Taxation, Here’s What You Need to Know
The U.S. Internal Revenue Service (IRS) has recently issued its first formal notice outlining the taxation of non-fungible tokens (NFTs). The notice indicates that NFTs, which can represent both collectible and non-collectible assets, will be subject to a maximum long-term capital gains tax rate of 28% if they are considered […]