Tag: digitalart

NFTs: The Wild West Needs a Sheriff, Not a Gold Rush

NFTs: The Wild West Needs a Sheriff, Not a Gold Rush

We’ve all heard the siren song of the NFT craze. Digital art being sold for millions, instant fortunes, a democratization of art and finance! Sounds amazing, right? If we’re being honest, these days it’s more of a ghost town than a gold rush. Why? The NFT space is the Wild...

Sports Card NFT Market Shows Signs of Life With Recent High-Value Sales

Sports Card NFT Market Shows Signs of Life With Recent High-Value Sales

One of the lesser known sports card NFT markets has awakened most recently, with active sales, including a few triple-digit-thousand sales, taking place as of late. These sales, including a Victor Wembanyama Gold Kaboom /10 for $6,000, indicate a potential resurgence in the digital collectibles space. In July, a Jayden...

Monad's NFT Boom A Glimpse of Web3's Socialist Future?

Monad's NFT Boom A Glimpse of Web3's Socialist Future?

Look, I get it. NFTs. Just saying the terms will automatically bring up stereotypes of bored apes, rug pulls and crypto bros telling you about the money they made while you were sleeping. Before you dismiss the recent explosion of NFTs on the Monad testnet as just another speculative bubble,...

CryptoPunk Sale at a Loss: Is the NFT Bubble Bursting?

CryptoPunk Sale at a Loss: Is the NFT Bubble Bursting?

The NFT market, once a lively frontier of digital assets, has recently begun to cool. Token ATH! Token ATH! is your backstage pass to the wild, wild world of crypto. An inciting incident, like the recent sale of CryptoPunk #3100 at a significant loss, has triggered concerns around the long-term...

NFT Crash: Proof Capitalism Fails Artists, Not Just Crypto Bros

NFT Crash: Proof Capitalism Fails Artists, Not Just Crypto Bros

I’m fortunate to have a good friend in artist Anya, who has spent years immersed in this world. She poured her heart and soul as well as a good chunk of her savings into a series of digital paintings. Unfortunately, Anya, like many of us, drank the Kool-Aid. She saw...

NFT Sales Dip: Calm Before the Storm or End of the Hype?

NFT Sales Dip: Calm Before the Storm or End of the Hype?

The NFT ecosystem, like much of crypto, has been a wild ride, characterized by meteoric surges and painful retracements. In recent months, NFT sales have taken a significant downturn, leading many to question whether this budding digital asset class can stand the test of time. Token ATH! is all set...

NFT Crash: Proof Capitalism Fails Artists, Or Just A Blip?

NFT Crash: Proof Capitalism Fails Artists, Or Just A Blip?

So, the NFT market is wobbling. With sales down across the board, buyers and sellers alike fleeing the market and the whole enterprise kind of feeling like it’s…a little too inflated. Instead, we’re getting headlines about a 4.38% decline in sales volume, a close to 78% plunge in buyers. If...

NFT Market Shows Resilience Despite Overall Sales Dip, Ethereum Remains Dominant

NFT Market Shows Resilience Despite Overall Sales Dip, Ethereum Remains Dominant

The non-fungible token (NFT) marketplace is wildly dynamic, with declines and increases on various blockchains and collections. Overall sales volume crept down slightly. On the positive side, platforms such as Ethereum and Polygon experienced remarkable performance as the market exhibited an ever-growing dynamic and resilient nature. The week of July...

CryptoPunk #3100's $10M Loss: NFT Winter or Market Correction?

CryptoPunk #3100's $10M Loss: NFT Winter or Market Correction?

It wasn’t long ago that the NFT market was the Wild West of the digital ownership frontier. It has come down dramatically from its high water mark of 2021. Perhaps the most dramatic testament to this transformation was the recent $7.6 million sale of CryptoPunk #3100, one of the rarest...