Tag: digitalart

The Securities and Exchange Commission (SEC) has ended its two-year investigation into the CyberKongz NFT project. The inquiry specifically focused on misleading claims made about the project’s BANANA token. It asked the question of whether that token ought to have been registered as a security. Today, CyberKongz posted an announcement...

And a rare CryptoPunk #3100 just sold for 4,000 ETH, over $7 million. This famous NFT from the CryptoPunk collection is currently valued at about $6.08 million at today’s market prices. This figure is among the largest seen in the NFT space. While still a notable amount, it represents a...

Web3 is a fast moving space. New platforms and technologies are changing the game again with advanced AI at the helm, helping us reimagine how we interact with the internet. Of all these innovations, Abstract is making the biggest splash by going after entertainment’s user experience. For this reason, Abstract...

So it’s no surprise that the NFT market is expected to have an astronomical growth, reaching $703 billion by 2034, per recent market analysis. This explosive growth is no illusion — it is being powered by profound change. Three underlying forces are redefining digital ownership and revolutionizing creative sectors. Token...

Let's talk about the elephant in the digital room: the projected massive growth of the NFT market. I’m not exaggerating when I say that we’re discussing an increase of $36.23 billion this year, to an extraordinary $703.47 billion in 2034. That's not just growth; that's an explosion. Not surprisingly, some...

$700 billion. That’s how large the NFT market is expected to reach by 2034. Let that number sink in. Seven hundred billion dollars. And at a time when so much of it is being used to fund speculation on digital monkey pics and virtual kicks. It’s enough to drive you...

The non-fungible token (NFT) market has poised itself for success. Experts expect it to grow to an astonishing USD 703.47 billion by 2034. Three main factors are fueling this spread. As the overall digital assets ecosystem becomes clearer and increasingly easier to navigate, leading companies such as Meta Platforms Inc....

Let's be blunt. As we know, for too long the music industry has been a rigged game. Artists put their blood sweat and tears into their art. Sadly, that’s only a drop in the bucket that goes back to them—the majority of the profit goes straight to labels and streaming...

Just a year ago, the NFT market felt like a runaway freight train. It has recently taken a historic plunge, infamously dubbed the “NFT winter.” The cooling period has placed more attention on regulatory enforcement from boards and other regulating entities. We have to ask now if these regulations will...

The NFT market isn’t dead, it’s just dying on the vine. What we’re actually witnessing here is a slow-motion strangulation, not a natural death. The true elephant in the room isn’t a lack of innovation or interest, it’s the suffocating weight of regulatory overreach.Innovation Strangled By Red TapeRemember the early...