95% of NFTs are Worthless: Report
A new report shows that the non-fungible token (NFT) market has essentially collapsed, and nearly all NFTs are practically worthless. [Read More] petapixel.com »
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A new report shows that the non-fungible token (NFT) market has essentially collapsed, and nearly all NFTs are practically worthless. [Read More] petapixel.com »
Not even eight months after launching widespread support for non-fungible tokens (NFTs) on Facebook and Instagram, Meta is pulling the plug. [Read More] petapixel.com »
After hyping a major announcement, Donald Trump revealed his next major project: NFTs. But reverse image searches of some of the "digital trading cards" revealed them to be edits of clothing easily found in Google search, raising copyright questions. [Read More] petapixel.com »
The intersection of art and NFTs keeps getting weirder. Painter Damien Hirst has joined other artists and burned 1,000 of his pieces this week, all in the name of non-fungible tokens. [Read More] petapixel.com »
Canon has announced that several members of its Canon Legends program have partnered with NFT marketplace Immutable Image to create a limited collection of photo NFTs that will be published as the collective "The Legends Mint." [Read More] petapixel.com »
Instagram is gearing up to support non-fungible tokens (NFTs). In a video published to Facebook, Meta CEO Mark Zuckerberg says that the platform will begin testing the introduction of "digital collectibles" this week. [Read More] petapixel.com »
In January, Samsung announced that its 2022 televisions would add support for NFTs, including a way to allow its users to browse, buy, sell, and display them. Today, it revealed this process will work in its partnership with NFT auction site Nifty Gateway. [Read More] petapixel.com »
As the world watched the invasion of Ukraine, artists worldwide rallied together to help, with many using NFTs, or non-fungible tokens, to provide aid. The post Amplifying voices and causes through NFTs appeared first on 500px. iso.500px.com »
We’ve seen photographers use NFTs to tell untold stories, push the limits of creative expression, and honor moments of historical significance. The post Four reasons why NFTs are a great fit for photographers appeared first on 500px. iso.500px.com »
Meta's Mark Zuckerberg says that NFTs are "hopefully" coming to Instagram in the next few months. Additionally, he said that the company plans to allow users to mint them within the application. [Read More] petapixel.com »
Rarity is such a defining factor in determining the value of NFTs that cryptocurrency and crypto art insiders now use the phrase “looks rare” ironically. The post How rarity and exclusivity impact the value of NFTs appeared first on 500px. iso.500px.com »
The popular saying is that NFTs are worth what people are willing to pay for them, but the truth is that that amount can vary widely. The post How to price your NFTs appeared first on 500px. iso.500px.com »
Cent's logo. Cent, a non-fungible token (NFT) marketplace known for selling an NFT of the first tweet from former Twitter CEO Jack Dorsey for the equivalent of $2. 9 million USD, has announced it is halting most of its transactions on account of 'widespread fraud. dpreview.com »
OpenSea, which deems itself the largest marketplace for non-fungible tokens (NFTs), is once again facing backlash. A few months ago, one of its executives, Nate Chastain, resigned after being caught using insider information to profit off NFT collections ahead of their drops. dpreview.com »
Last week, it was revealed that a set of photos taken from a 1991 Nirvana concert would be made available as NFTs on Kurt Cobain's birthday. The announcement was met with considerable backlash, and the photographer took to Twitter to address fan concerns. [Read More] petapixel.com »
According to the Financial Times, Meta, the parent company of Facebook and Instagram, is looking at ways to allow its users to create and sell non-fungible tokens (NFTs) on its platforms. The article also cites that NFTs are currently a $40 billion market, with no signs of slowing down anytime soon. dpreview.com »
A 22-year-old Indonesian college student has become a millionaire overnight after turning his collection of daily selfies into non-fungible tokens (NFTs) as a joke. [Read More] petapixel.com »
While risk is always inherent in art collecting, there’s also the potential for reward. Here are just a few things to consider when investing in NFTs. The post What to consider when collecting NFTs: Appraisals and investments appeared first on 500px. iso.500px.com »
For years, the question around monetizing digital artworks, from memes to fine art photographs, has loomed large—NFTs offer a potential answer. The post How NFTs protect artists appeared first on 500px. iso.500px.com »
NFT collecting has skyrocketed over the last year, opening up previously unheard-of possibilities for art lovers and artists alike. The post Why it’s time to start collecting NFTs and how to get started appeared first on 500px. iso.500px.com »
Still, 2021 was arguably the year NFTs entered the mainstream, with historic auction houses and emerging marketplaces alike rising to meet growing demand. The post NFTs, crypto, and what they mean for commercial Licensing appeared first on 500px. iso.500px.com »
This has been the year of the NFT, with collectors buying photographs through both traditional auction houses and new marketplaces. The post Best practices when entering the world of NFTs appeared first on 500px. iso.500px.com »
In the last year, photography NFTs have sold alongside photographs by the likes of Ansel Adams, drawing attention from artists and collectors alike. The post What you need to know about NFTs as a photographer appeared first on 500px. iso.500px.com »
Hi folks! Not long ago, we decided to do something in the nature of a little bit of fun. So we got into the NFT world! And today, we're officially announcing some of our own NFTs for purchase on OpenSea. thephoblographer.com »
echnology is fun; no industry should aim to limit that. But photographers are often consumers, and I question those intrigued by NFTs, especially those who seem to favor them over a traditional printed photograph. thephoblographer.com »
In this one-hour-long documentary from Adorama, Sal D’Alia covers the crypto movement with a series of interviews and information breakdowns to help educate viewers on the growing world of crypto-art. petapixel.com »
This image, shared with permission from photographer Reuben Wu, is part of his 'Field of Infinity' project. It was converted into a video piece and sold on SuperRare for over 27 ETH last week. dpreview.com »
If you are reading this, chances are you’re aware of NFTs — non-fungible tokens that are bought, sold, and traded on a digital ledger known as the blockchain. But what are their costs, risks, and side effects? For those unfamiliar, make sure to catch up with PetaPixel’s explainer on what NFTs are, and how they […] petapixel.com »
Associated Press (AP) will auction 10 non-fungible tokens (NFT) to celebrate its “iconic photojournalism” over the past 175 years. The NFTs are artistic representations of notable, iconic photographs and will be available on the blockchain for the first time. petapixel.com »
As times change, so do the ways we consume our favorite things. NFTs are a big part of that. And in many ways, it was clear that this time would eventually come. The internet changed the way we consumed photography. thephoblographer.com »
Non-fungible tokens in cryptocurrency have made a splash in the art world in recent days. If you’re out of the loop and don’t have time to read an in-depth explainer on what NFTs are, check out this humorous 3. petapixel.com »
Over the last few weeks, it seems like the world wide web has been swamped with both explainers and critiques of Non-Fungible Tokens, or NFTs. It’s a pyramid scheme! It’s the next thing in Fine Art! It’s an ecological disaster! I am making so much money! There are many points being made out there, and […] petapixel.com »