While trading volumes dropped in early February, there were some big names hitting the NFT space at the turn of the year.
Some big names have been driving investor interest in the NFT market. There have also been some innovative uses of NFTs, which connect the virtual world with the real one.
Earlier this year, Quentin Tarantino and Secret (SCRT) teamed up to sell 7 Pulp Fiction NFTs. At the end of January, the first of Tarantino's NFT collection was sold for $ 1,1 million. The sale of Tarantino's NFT wasn't the only movie news of the year. In late January, news broke that Blockbusters filed trademark applications in an effort to revamp the home entertainment space. Music, sports and the arts have also continued to embrace NFTs, and even the United Nations is planning an NFT exhibition to celebrate International Women's Day in March.
From the art world, Christies sold the most expensive NFT, EVERYDAYS: The First 5,000 Days for a staggering $ 69,3 million. Sotheby's is also on the NFT scene with 104 CryptoPunk NFTs going under the hammer later this month.
With so much interest in NFTs, digital asset advocate Melania Trump has also entered the NFT space. In December, the former first lady launched her own NFT platform called Melaniatrump on the Solana blockchain (quotation SOL). She launched the platform with her first NFT, a self-portrait titled Melania's Vision.
Following the sale of Melania's Vision, the platform hosted the sale of the Head of State Collection, 2022 NFT. This is a Head of State Collection NFT that Melania Trump allegedly bought for $ 170.000. Trump announced the Head of State Collection auction on Twitter.
While the former first lady is a crypto advocate, President Donald Trump has been a critic of the crypto market. Last month, Eric Trump also hit the news, labeling TrumpCoin (TRUMP) as fraudulent. Following the threat of legal action, TrumpCoin appears to have changed its name to Freedomcoin (FREED).
Cryptocurrencies have revolutionized the world of economics and investment, offering a decentralized alternative to traditional…
Milkomedia-C1 announced the integration of the DJed stablecoin network on its platform. Milkomeda C1, a…
Cryptocurrencies have gained immense popularity over the last decade, attracting investors from all over the world. However,…
The former cryptocurrency exchange FTX was based in the Bahamas. The island nation has not been…
As Shiba Inu adoption skyrockets, the memecoin and the entire Shiba ecosystem…
The adoption of digital currencies such as Bitcoin has continued to grow unabated. Many…