A new study of the prominent NFT platform Foundation leverages crypto’s built-in candidness to answer a question foremost in the mind of every ambitious artist selling there (or anywhere): What is the ...

Where once modern art was primarily defined by style — think Surrealism or Op art — today contemporary art can be characterized by how it is tracked and traded. Non-fungible tokens (NFTs) are a type ...

You might not know how they work, but there’s a good chance you’ve heard about non-fungible tokens or NFTs. They became extremely popular in 2021 when a digital artist named Beeple sold one online for ...

NFTs are a relatively new concept that burst onto the scene with the metaverse development. NFT stands for non-fungible token. When dealing with economics, fungible assets refer to readily ...

NFTs, or non-fungible tokens, have become to the art world what Bitcoin is to the financial markets – a valuable new toy greeted with excitement by some and scepticism by others. Pieces of NFT art can ...

It was inevitable. With the emergence of any new technology, innovation or major platform, comes the excitement, the rush to understand and profit. What soon follows are the scams, frauds and loss ...

New data shows that the sale of art NFTs has massively dropped since a boom in 2021, according to Statista. There were only 1,459 sales of art NFTs last month. In the same month in 2021, there were ...

These tokens are considered non-fungible because you cannot exchange one NFT for another identical one. For instance, if you have one bitcoin, you can exchange it for another bitcoin and still have ...