Tag: digital art

Polygon's NFT Collection Backed by Physical Assets Overtakes Ethereum

Polygon's NFT Collection Backed by Physical Assets Overtakes Ethereum

Polygon has shaken up the NFT scene by surpassing Ethereum with a collateral-backed collection of NFTs. Their Courtyard collection, with physical cards backing the NFTs, has brought in enormous sales volume, eclipsing nearly every other NFT project. This story underscores the growing significance of Real-World Asset (RWA) NFTs to the...

Zora's Airdrop: A Step Towards Creator Freedom or Just Another Cash Grab?

Zora's Airdrop: A Step Towards Creator Freedom or Just Another Cash Grab?

The air crackles with anticipation. Another day, another airdrop. Zora is creating ripples in the NFT marketplace. Supported by the likes of Coinbase Ventures and Paradigm, it’s releasing its own $ZORA token! The promise? Creator empowerment. First, let’s pump the brakes for a moment. Are we truly experiencing a revolution?...

Pudgy Penguins' PENGU: A Responsible Investment or Fleeting Fad?

Pudgy Penguins' PENGU: A Responsible Investment or Fleeting Fad?

Let's cut to the chase. You want to learn more about PENGU, the new coin that powers the Pudgy Penguins NFT ecosystem. You want to be sure that it’s a smart choice to deploy your limited, hard-earned dollars. Erase the shortsighted plethora of backlash, the “good vibes,” and then meme-driven...

Magic Eden's CEO Bullish on NFTs: What It Means for You

Magic Eden's CEO Bullish on NFTs: What It Means for You

So despite a tumultuous few months for the NFT market, Magic Eden CEO Jack Lu remains optimistic. In a positive outlook for the future of NFTs, he told Fortune that…At BlockTraderHub.com, we're committed to bringing you the latest insights into the crypto world, and Lu's perspective offers a valuable outlook...

Solana NFT Boom: How Magic Eden's Leading the Charge

Solana NFT Boom: How Magic Eden's Leading the Charge

Since then, Magic Eden has become the leading marketplace by volume on Solana NFT. It leads the pack well ahead of the competitors and already is the de facto marketplace for both creators and collectors. BlockTraderHub.com, as you can see, we are following very closely the development of the Solana...

ME Token Rewards: Magic Eden's Strategy to Dominate NFTs

ME Token Rewards: Magic Eden's Strategy to Dominate NFTs

Magic Eden, a prominent NFT marketplace, is strategically employing its ME token rewards program to solidify its position in the competitive NFT landscape. This is a big deal especially as this new initiative seeks to compete directly with upstarts like OpenSea and Tensor. The introduction of the $ME token represents...

NFTs: Empowering African Artists or Just Another Digital Gold Rush?

NFTs: Empowering African Artists or Just Another Digital Gold Rush?

NFTs have the potential to create new and unexplored markets for African artists. They could be seen as the new digital colonialism, taking away value and not providing grounding for artists in return. The reply, like any great master work of art, is nuanced and anything but cut and dry....

OpenSea's OS 2.0 & SEA Token: A New Dawn for NFT Trading?

OpenSea's OS 2.0 & SEA Token: A New Dawn for NFT Trading?

OpenSea is a powerhouse in the Non-Fungible Token (NFT) space. Now, as it kicks off the rollout of its OS 2.0 upgrade, it’s doing so paired with a long-awaited SEA token airdrop. These initiatives represent a substantial pivot in OpenSea’s approach. In addition, they’re building out their plans for improving...

Shaq's NFT Deal: Proof Crypto's Not Dead, Just Evolving

Shaq's NFT Deal: Proof Crypto's Not Dead, Just Evolving

Okay, let's be real. We've all seen the headlines: "Crypto Winter," "NFT Bubble Burst," "Is Web3 Dead?" It’s enough to scare the Bitcoin right out from under anyone’s digital mattress and into oblivion. But here's the thing: Innovation never dies. It evolves. And Shaq's recent $11 million NFT deal? It’s...

Shaq's NFT Deal: Is It Really a Win for the Little Guy?

Shaq's NFT Deal: Is It Really a Win for the Little Guy?

Shaquille O’Neal, the larger-than-life basketball legend recently settled an $11 million lawsuit with NFT investors. What’s that—day three of our celebrity endorsement backfiring series? Before we shrug this off as just another case of the rich getting richer (and then settling with the less rich), let's ask a crucial question:...