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Nonfungible tokens (NFTs) offer a new way to sell and distribute digital art, and they have the potential to unlock new revenue streams for artists in the digital age. Here are five ways to monetize your digital art with NFTs.Fractionalized ownershipThis involves splitting the ownership of an artwork into smaller
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The two companies have commissioned artist Michael Kozlowski, commonly known as Mpkoz, to release a collection for this partnership. Titled Metropolis, the body of work features generative art NFTs based on architectural influences from London, Berlin, New York, Mexico City and Los Angeles – five cities where Bright Moments galleries
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According to a press release, the project will "offer a unique experience built around digital collectible art that is tied to a storyline players will unfold in a virtual (turn-based) adventure. The art evolves with each strategic move a player makes." Source
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Paris's leading contemporary art museum, the Centre Pompidou announced on Feb. 10 an upcoming permanent exhibition targeting the intersection between art and the blockchain represented by nonfungible tokens (NFTs). According to an announcement on Feb. 10, the Centre will feature NFTs from over 16 digital artists around the world, including popular
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Proof’s Grails III is the third iteration of its mystery NFT compilation series. In February 2022, Grails I dropped, with work from entrepreneur Gary Vaynerchuk, CryptoPunks and Meebits creator Larva Labs and generative artist Tyler Hobbs. The next edition, Grails II, was released in August and featured works from Art
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In addition to helping artists mint their collections, Tonic will work to help onboard non-crypto native buyers and other individuals who come from the fine art world. Maybank is dedicated to merging the physical and digital through Web3, offering real-world derivatives of the NFT pieces that buyers can display in
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Following the claim period, the collection quickly shot to the top of the leaderboard on secondary marketplace OpenSea. As of Tuesday afternoon, the collection had the highest 24-hour trading volume on OpenSea at 996 ETH (over $1.3 million) and amassed a total trading volume of 7,437 ETH (about $9.9 million).
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The creation of smart contracts and Web3 interfaces has led to an entirely new play-to-earn or nonfungible token (NFT) genre of video games. But during the 2021 crypto bull market and subsequent crash of 2022, many of the games in this niche went through incredible ups and downs in terms
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After climbing to a high of 0.79 ether on Dec. 17, 2022, Donald Trump’s non-fungible tokens (NFTs) have dropped considerably in value over the last 12 days. On Dec. 29, 2022, Trump’s NFT collection has a floor value of 0.15 ether, which is around 81% lower than the floor value
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Italy is one of the cultural hubs of Europe, with centuries of history, art and culture. Now, it is also posed to create the crypto art Renaissance via its nonfungible token (NFT) market, says a new report.Data from Research and Market’s “Italy NFT Market Intelligence and Future Growth Dynamics Databook”
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