Sweden Clarifies VAT Rules for NFTs and Digital Works

Sweden's tax authority defines VAT treatment for NFTs linked to digital works, clarifying taxation on ownership. The post Sweden Clarifies VAT Rules for NFTs and Digital Works appeared first on NFT News Today.

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Top 6 NFT Games You Should Try Out in 2023

Unlike other digital assets, such as cryptocurrencies, NFTs are unique and cannot be exchanged for another item of equal value. This means that each NFT is truly one-of-a-kind. NFTs are used to represent digital art.

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NFTs Are The Future. Uniglo.io, Decentraland, And ApeCoin Know This Already

Over the last two years, non-fungible tokens (NFTs) have taken the digital space by storm, growing to become an asset class of their own. Unlike fungible cryptocurrencies, an NFT is a digital asset that stores value but is unique from all other NFTs.

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The Most Expensive NBA NFTs To Date

Sports NFTs are the latest trend in digital collectibles, and many high-profile associations have already joined in. For example, Major League Baseball (MLB) partnered up with Candy Digital to create special edition NFTs that fans can collect and trade in 2021.

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NFTs are a 'natural place' for digital artists — Gal Yosef

After launching successful nonfungible token collections, the digital artist has set his sights on metaverse NFTs, believing they will become an important market in the future.

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NFTs are more than just digital art, here’s why

So, you have heard about NFTs and how these “digital avatars” are printing money for their holders. In 2021, NFTs were so popular that the term was christened Word of The Year by a famed dictionary company.

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Say it again: NFTs are more than digital art

NFTs (or Non Fungible Tokens) have been on the tips of everyone’s tongues for the last few months.

The post Say it again: NFTs are more than digital art appeared first on CryptoSlate.

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Doge, Beeple, and Tiger King: Here are 5 of the Most Iconic NFTs of 2021

It’s no secret that NFTs have exploded this year. These exclusive digital assets have brought a whole new market to the world of investing and art collecting. So what’s behind all the hype? Although the non-fungible tokens have no tangible form and are purely digital, NFTs provide buyers with certificates of ownership for virtual andRead More

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Doge, Beeple, and Tiger King: Here are 4 of the Most Iconic NFTs of 2021

It’s no secret that NFTs have exploded this year. These exclusive digital assets have brought a whole new market to the world of investing and art collecting. So what’s behind all the hype? Although the non-fungible tokens have no tangible form and are purely digital, NFTs provide buyers with certificates of ownership for virtual andRead More

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The $100 Million Project Designed to Make Polygon Top-Tier Whilst Ousting Ethereum

Non-Fungible-Tokens (NFTs) have been a big game-changer in the industry. NFTs are crypto-assets representing an intangible digital item such as an image, video, text, or in-game item. An NFT is traded as a stand-in for the digital asset it represents with owners of the NFTs recorded on the blockchain. According to our report, the market […]

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How Dai is Dominating the World of NFTs and Digital Art

This week’s DeFi frenzy has been all about non-fungible tokens (NFTs) and digital art. Recent findings have indicated that the Dai stablecoin is at the center of it all. The monumental surge in MEME prices and influencer shilling of SHROOM has catalyzed the latest DeFi fad consisting of NFTs and crypto collectibles.

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Cryptocurrency Community Makes a Shift; Betting Big on Non-Fungible Tokens (NFTs)

DeFi continues to rage, approaching a $10 billion peak. But the latest talk of the town is NFT. In 2017, it was CryptoKitties; this time, it is digital art. Non-fungible tokens are a special type of token on the Ethereum network that are using ERC-71 and ERC-155 standards to create verifiable digital scarcity.

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NFT Marketplace Blockparty Partners With DJ 3LAU on Digital Music Collectibles

Digital collectibles maker Blockparty on Wednesday said it will release audio-visual non-fungible tokens (NFTs) in collaboration with DJ 3LAU.

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Three Reasons Why NFT Market Is Bound to Rise and Shine

As the world becomes more and more digital, the solution to the question of ownership is already here in the form of NFTs.

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Crypto Artists and Investors Trusts NFTs to Transform the Art Industry

With Nifty Gateway recently auctioning a digital artwork and NFT for a record $55,555.55, the art world is on alert.

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Spotting the Potential of NFTs in the Blockchain Gaming Industry

Polyient Games’ Craig Russo believes that the NFT market has come to represent one of the “most attractive opportunities” across digital assets.

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Interview: How NFTs can be the crypto market’s “killer app”

Ever since Ethereum gained prominence in 2015, developers in the cryptocurrency space have considered gaming applications as a perfect fit for digital assets. The post Interview: How NFTs can be the crypto market’s “killer app” appeared first on CryptoSlate.

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Blockchain Project Issues World’s First Ethereum Domain Name-Backed Loan

Rocket LP DAO, a blockchain startup that offers users loans, accepting all forms of non-fungible tokens (NFTs) and digital property as collateral including virtual estate, digital art, and others, has issued the world’s first Ethereum Name Service (ENS) backed loan, according to a blog post on April 15, 2020.

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Chiliz and Decentralized Oracle Powerhouse Chainlink Partner on Real-Time Sports NFTs

The leading sports and blockchain-based fan engagement digital currency Chiliz (CHZ) has integrated Chainlink, the secure decentralized network from Oracle that enables the auto-execution of smart contracts based on real-world events and data.

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OpenSea to List Wine-Backed Non-Fungible Tokens (NFTs) 

OpenSea, a marketplace for blockchain-based digital collectibles will soon support non-fungible tokens (NFTs) pegged to fine wine, to allow traders of the platform to speculate on wine and wine futures, according to a Sludgefeed report on February 3, 2020.

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0xcert releases unique digital asset verification tool for NFTs

0xcert, an open protocol for certified non-fungible tokens, announced today the release of a crucial piece of the open-source 0xcert ecosystem a bit earlier than planned: the 0xcert Verifier. It provides an elegant way of verifying the validity and content of any digital asset issued with the 0xcert infrastructure.

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0xcert launches new product for issuance and management of NFTs

0xcert, a complete set of tools for building secure and scalable DApps, recently announced the launch of Evidenspace – an all in one tool for issuance and management of unique digital assets on the Ethereum blockchain or non-fungible tokens (NFTs), aimed at business and enterprise customers.

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Stryking opens auction for FC Bayern Munich crypto player card NFTs

Stryking, a hub for blockchain-based digital collectibles centered around popular sports licenses, announced today it has commenced the auction for 18 unique official FC Bayern Munich licensed digital collectibles.

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Ghoulish NFTs Will Haunt the Blockchain This Halloween

'Tis the season for spooky digital collectibles.

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KaKao Whets Users Appetite with its Klip Crypto Wallet Teaser 

Kakao, the company in charge of South Korea’s most popular messaging app, Kakao Talk, has given cryptocurrency enthusiasts a glimpse of its Klip cryptocurrency wallet. Klip is being developed by Kakao’s blockchain subsidiary, GroundX and it’s designed to support non-fungible tokens (NFTs), decentralized applications (dApps) as well as digital assets of projects on Kakao’s KlaytnRead MoreRead More.

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SuperRare Is Bringing in a New Wave of “Dank” Meme Economists

While $100,000 CryptoKitties and digital race cars have earned non-fungible tokens (NFTs) a special place in the speculator’s heart, artists and designers are getting excited about the space for much different reasons.

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Crypto-Collectible F1 car Sold for over $100k

After four days of bidding, a crypto collectible virtual Formula 1 race car has been auctioned off for over $100,000 in ether (ETH), May 27, 2019. Turbo NFTs The 1-1-1 car is a non-fungible token (NFT) type of crypto, making it a one-of-a-kind digital collectible.

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NEO Gets Non-Fungible Tokens From O3 Labs

NEO has become the latest blockchain to gain support for non-fungible tokens, otherwise known as NFTs or cryptocollectibles. These tokens resemble digital trading cards: they can be transferred between individuals just like cryptocurrency, but each NFT token is an entirely unique item.

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NFT Ecosystem to be Explored at First-of-Its-Kind NFT.NYC Next Month

Next month, NFT. NYC will be taking place, bringing together gamers, artists, blockchain developers, and fans to showcase the impact that non-fungible tokens (NFTs) are having. Taking place Wednesday 20th February at the Playstation Theater in New York’s Times Square, NFT.

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Rare Crypto Collectables Marketplace OpenSea Acquires Atomic Bazaar

A peer-to-peer marketplace for rare digital items and crypto collectables has acquired Atomic Bazaar, an Ethereum digital asset platform focused on trading mixed sets of non-fungible tokens (NFTs).

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Fine Art Gets a Facelift with Masterworks and Ethereum’s Blockchain

The realm of art is under siege by a technological revolution thought only to disrupt the world of finance. Crypto collectibles (NFTs) are indeed a native creation, but as the narrative in the sector shifts, it’s the leap between the real and the digital that’s showing the most intrigue.

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What Are NFTs? Non-Fungible Tokens, Explained

Non-fungible tokens (NFTs) could power the future digital economy with tokenized assets and digital goods. Learn how in this comprehensive gude. The post What Are NFTs? Non-Fungible Tokens, Explained appeared first on CoinCentral.

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KnownOrigin and OxCert Collaborate on Creative Challenge to Promote Artists and NFTs on the Blockchain

Art venture KnownOrigin and OxCert, an open-source permissionless protocol authenticating unique digital assets on the blockchain, are collaborating on a new creative challenge. The aim is to promote artists on the blockchain and the potential of non-fungible tokens (NFTs) at the upcoming NIFTY conference and hackathon in Hong Kong.

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Deep-Sea Treasure Hunting on the Blockchain

With an estimated $100 billion value in sunken artifacts in the waters surrounding the Bahamas, deep-sea treasure hunters could soon satiate their thirst for a big bounty through blockchain technology.

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0xcert and Wanchain form alliance to drive adoption of non-fungible tokens

0xcert, an open protocol built to support the future of unique digital assets, powered by NFTs (non-fungible tokens) and Wanchain, the distributed financial infrastructure powered by cross-blockchain smart.

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Cats to futbol: nfts become electronic money’s most trending new internet-worthy expression

That’s because while they first got noticed when CryptoKitties went viral, NFTs continue to garner attention from entrepreneurs. And it’s not just digital sports cards, just like it wasn’t only about digital kittens, that makes industry stakeholders salivate over NFTs.

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