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In the ever-dynamic world of digital art, the sale of the NFT artwork “$LAVE” by XCOPY stands out, recently fetching a striking 315 ETH, equivalent to nearly $967,000 [$ETH 315]. This event underscores not only the value of digital art but also the unique characteristics of the blockchain technology that […]
Introduction to World Chain In a significant leap towards blockchain scalability and efficiency, Worldcoin has officially introduced World Chain, its bespoke blockchain designed to meet human-centric needs globally. This move is set to revolutionize how transactions are handled, prioritizing human interaction and reducing the technological bottleneck that has hindered blockchain […]
In a significant restructuring of its gaming portfolio, Yuga Labs, the visionary force behind the Bored Ape Yacht Club (BAYC), has sold its HV-MTL and Legends of the Mara games to the emerging Web3 gaming powerhouse, Faraway. This strategic move not only simplifies Yuga’s asset base but also sharpens its […]
Harnessing World-Class Creativity for the Blockchain Nifty Gateway is embarking on an exhilarating journey with the launch of Nifty Gateway Studio, setting the stage as a pioneering Web3 creative studio. This innovative platform is dedicated to crafting unparalleled creative experiences, deeply integrated with blockchain technology. The studio’s mission is clear: […]
The best and most creative portrait photographers in NFTs. I’ve gathered some of the brightest and most talented directors of light as well as instructors of talent. It takes an immense amount of talent and hard work to compose a staged photograph. This collection of photographers makes it look easy. […]
PROOF, a leading digital art platform, is hosting an exclusive Beeple Live Everyday event in Brooklyn on April 13, exclusively for holders of its NFTs. This event is part of PROOF’s commitment to digital art and its lineup of events for its current PROOF Collective, Moonbirds, and Oddities holders. Alongside […]
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 […]