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Hip-Hop Star Snoop Dogg Says Bitcoin ‘Here to Stay’— Lauds NFTs for Creating Direct Connection Between Artists and Fans

Pioneering hip-hop artist and businessman, Snoop Dogg has said he believes in bitcoin, the (blockchain) technology behind the crypto asset and the global connection it creates. The celebrity adds that while he’s not “too caught up in the value of the coin,” he has been around long enough to “know it’s here to stay.” Not a Pandemic Fad Speaking in an interview with Vanity Fair, Snoop Dogg, whose real name is Calvin Cordozar Broadus Jr, also talks up the potential of the technology and why the popularity of BTC should not be seen as a passing fad. He said: The…

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Nilicoins, Rare Pepe and Curio Cards- A Look at the OG Collectibles That Started the NFT Madness

During the last few months, the non-fungible token (NFT) scene has exploded with lots of celebrities jumping on the bandwagon, high grossing auctions, and even some controversy on the side. A lot of people don’t realize how old NFT collectibles are, as years ago developers and artists created NFTs like Nilicoins (artcoins), Rare Pepe trading cards, and Curio cards as well. Since the NFT boom has straddled new heights, these old NFTs are in demand again and being sold at auctions. Color Coins and Nilicoins The NFT ecosystem has grown exponentially and it seems everybody is getting in on the…

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NFT Economy Grows Exponential: $1M in Non-Fungible Token Sales Last Week

While a number of people are focused on decentralized finance (defi), the non-fungible token (NFT) industry has also exploded in demand in 2020. Last week, NFT sales soared nearing a million dollars in volume, as the blockchain-based Sorare fantasy soccer card game saw over $221,000 in sales during the last seven days. When Satoshi Nakamoto created the blockchain, the innovative technology allowed for permissionless money, but also a number of tokenization features as well. One idea called the non-fungible token (NFT), also known as a ‘nifty,’ has gathered a lot of steam since the verifiable digital scarcity concept was first…

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Non-fungible Digital Artwork Sale Shatters Records, ‘Picasso’s Bull’ NFT Sells for $55K

During the first week of July, news.Bitcoin.com reported on the growing sales of non-fungible token artwork being sold on marketplaces like Opensea, Nifty Gateway, and Makerplace. Just recently, the NFT market Nifty Gateway broke records selling a piece of digital artwork created by the artist Trevor Jones for $55,555. Non-fungible tokens (NFT) and digital artwork have collided and the concept has grown exponentially during the last few years. In 2020, however, the NFT digital art ecosystem has swelled significantly this year. Statistics show that during the last week, there’s been 14,654 sales and $1.2 million in weekly trade volume. The…

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‘Wonder Woman’ Illustrator and British Artist Terry Flaxton to Sell Ethereum-Backed Art

The non-fungible token (NFT) and blockchain-backed collectible economy continue to see demand and the digital art market Makerplace has seen enormous growth recently. A number of well known artists have started to participate, as work from the acclaimed comic book illustrator Jose Delbo and 4K video art from Terry Flaxton will be sold on the “premier market for rare digital art.” Just recently news.Bitcoin.com reported on the growing blockchain-backed metaverse and the non-fungible token (NFT) evolution. In the report, it was discussed how the sales of blockchain-powered non-fungible token sales crossed the $100 million mark. Not only is there more…

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Legendary British Artist is Selling Artwork via Ethereum Marketplace

An Ethereum-based marketplace is selling digital artwork from a renowned British artist, with the original work publicly verified and authenticated on the Ethereum blockchain. First-ever 4K Blockchain Art MakerPlace, an Ethereum-based marketplace, is selling digital video artwork from Terry Flaxton. The latter is a renowned British artist with a career spanning 50-years, with this releaseRead MoreRead More. The post by Shaurya Malwa appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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