Art News

Female artists are creating NFTs to empower women everywhere, proving that crypto isn’t just an all boys club.

The first auction on Sotheby’s Metaverse will go live on Monday, with the auction featuring prominent collections such as the Bored Ape Yacht Club, MoonCats and CryptoKitties.

Ethereum leads the NFT market, generating more than 97% of recent sales as Flow, Polygon and WAX mount an opposition.

Animoca Brands co-founder Yat Siu has urged new NFT users to look past profiteering and examine how nonfungible tokens can redefine culture.

One particular aspect of NFTs that has grabbed attention is collectibles; the sale of large volume, low-cost NFTs in much the same way that physical trading cards did in the last century.

“This is basically the same as making a joke that you stole the Mona Lisa by taking a photograph of it,” said Twitter user Sergey Pshenichkin.

A new 90-plus-page research report on NFTs will discuss how investors get stuck holding NFT hot potatoes when liquidity dries up.

“We believe NFTs embody the promise of tokenization and represent a tipping point for its embrace by the mainstream,” said Ripple.

“This is a generation that grew up hopeful and dreaming about their future through educational opportunities,” said Women for Afghan Women’s U.S. country director Naheed Samadi Bahram.

"Celebs really think they can come into an industry they know nothing about, never interact with the community, then launch a scam project they’ll abandon in three months?” questioned Twitter user 0x_fxnction.

Cointelegraph spoke to the founder of a London art gallery to discuss the cultural implications of welcoming NFTs into traditional art spaces.

World Wrestling Entertainment offered 500 gold tier packages with Cena's NFT for $1,000, but only a fraction of them sold.

“Whoever he or she was, Bitcoin creates value, and especially the technology behind Bitcoin, blockchain, creates value,” said András Győrfi.

Nafty has launched an erotic-themed NFT marketplace, while DeviantArt is tracking down art theft on NFT marketplaces, and the Rugby League World Cup is dropping NFT collectibles.

SolBlocks admits that while they did pirate the code, their NFTs are not copies of Tyler Hobbs’ “Fidenza” collection.