News
The reported divestment follows Nike’s closure of its digital collectibles unit and comes as market pressures continue to weigh on NFTs.
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Latest News on NFT
What are NFTs? NFTs explained in brief: Nonfungible tokens, or NFTs, are verifiably unique representations of digital and physical goods. Each NFT generally differs in makeup, and therefore likely differs in value as well.
In the physical world, U.S. dollars are fungible. No value is forfeited if a person trades any given paper U.S. dollar for a different paper U.S. dollar. On the other hand, something such as artwork is generally nonfungible. The “Mona Lisa” is not of equal value to “The Persistence of Memory,” as both artworks are unique, deriving value as such.
Based on distributed ledger technology, NFT crypto assets serve as a method of authentication for buyers of unique items, proving aspects such as ownership. NFTs became much more well known in 2020 and 2021. NFTs have potential for other use cases as well, such as companies tracking their internal resources or platforms verifying subscriptions and use.
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A protocol-level flaw allowed assets to be duplicated rather than minted, prompting a network halt and a governance-led recovery process.
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Total NFT market capitalization dropped significantly in 2025, from about $9 billion in January 2025 to just over $2.7 billion in 2026.
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NFT minting accelerated even as buyers spent less, pushing the market toward a high-volume, low-price dynamic.
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Once a barometer of retail hype, memecoins are closing the year with shrinking liquidity, weaker participation and fading speculative momentum.
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The non-fungible token project owned by Luca Netz appeared on the Sphere’s exterior screens, with the animated display going live on Christmas Eve.
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Market data showed shrinking participation across NFTs, with fewer buyers, sellers and transactions signaling fading speculative interest.
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The project recently received approval to raise private, tax-deductible funding under Brazil’s cultural incentive laws, with a live performance planned in the federal capital.
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Election-linked speculation and viral political tokens reshaped memecoins in 2024 before confidence unraveled in early 2025, CoinGecko data shows.
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NFT sales fell to $320 million in November — their lowest this year — with early December off to a weak start as top collections slide across the board.
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Animoca Brands’ Keyvan Peymani says the Web3 gaming company is exploring all segments of the crypto industry, including DePIN, DeFi and AI.
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The former UFC champion tried to launch his own celebrity memecoin, REAL, in April, but the project failed to gain traction.
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Digital humans fuse generative AI, onchain identity and tokenized markets to power immersive, always-on brand experiences.
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Both memecoins and NFTs have plunged to their weakest levels since early 2025, with traders pulling back from speculative assets across the board.
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Here’s how the creator economy is shifting from ad-based platforms to ownership-driven, AI-powered networks where fans share in the value.
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