PYMNTS-MonitorEdge-May-2024

NFTs

Metaverse Land Prices Mirror Real-World Real Estate as Investors Flock to Virtual Worlds
Metaverse Land Prices Mirror Real-World Real Estate as Investors Flock to Virtual Worlds
November 24, 2021  |  NFTs

Thinking about building a club or a casino or a virtual storefront in the metaverse? Better talk to a broker, because at least some of...

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About 5% of Sotheby’s, Christie’s Contemporary Art Auctions Are NFTs
About 5% of Sotheby’s, Christie’s Contemporary Art Auctions Are NFTs
November 08, 2021  |  Merchant Innovation

Non-fungible tokens (NFTs) have taken off in 2021 and so have auction houses’ sales of them, with Sotheby’s and Christie’s respectively selling $65 million and...

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Alibaba Debuts NFT Art Metaverse for China’s Singles Day
Alibaba Debuts NFT Art Metaverse for China’s Singles Day
November 03, 2021  |  Social Commerce

Alibaba has rolled out what it’s calling a “metaverse” ahead of China’s Singles Day, according to RADII, a China youth culture publication founded by a...

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Bitcoin Daily: Matt Damon Now Face of Crypto.com; Penn Students Can Use Crypto to Pay for Class
Bitcoin Daily: Matt Damon Now Face of Crypto.com; Penn Students Can Use Crypto to Pay...
October 28, 2021  |  Bitcoin

Actor Matt Damon will be promoting cryptocurrency for Crypto.com as the platform looks to broaden its base, Bloomberg reported. The marketing push will include ads...

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NFT Roundup: Demand for Digital Image Assets Moves Deeper Into Mainstream 
NFT Roundup: Demand for Digital Image Assets Moves Deeper Into Mainstream 
October 15, 2021  |  Innovation

Coinbase, the cryptocurrency exchange, announced that it will soon debut a marketplace for NFTs. Meanwhile, Visa and TikTok partnered with creators on new, NFT-focused projects....

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NFTFi Launches as the ‘Pawn Shop for NFTs’
NFTFi Launches as the ‘Pawn Shop for NFTs’
October 15, 2021  |  Cryptocurrency

As non-fungible tokens, more commonly known as NFTs, become more popular, investors are finding new ways to leverage money from them.  One of those ways...

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Rapper Lil Nas X Launches First TikTok NFT
Rapper Lil Nas X Launches First TikTok NFT
October 03, 2021  |  Blockchain / Distributed Ledger

TikTok is partnering with its top creators and jumping into the nonfungible tokens (NFT) pool, with rapper Lil Nas X launching the social media site’s...

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Tradeteq, XinFin Team on Trade Finance NFT
Tradeteq, XinFin Team on Trade Finance NFT
September 27, 2021  |  Blockchain

Tradeteq, which provides technology for trade finance asset distribution, has completed what it is calling the first nonfungible token (NFT) transaction based on trade finance,...

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