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Big bucks and the wild new world of NFTs

Big bucks and the wild new world of NFTs
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Here Are the 10 Most Expensive NFT Artworks, From Beeple s $69 Million Opus to a 18-Year-Old s $500,000 Vampire Queen

Here Are the 10 Most Expensive NFT Artworks, From Beeple s $69 Million Opus to a 18-Year-Old s $500,000 Vampire Queen
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In First Physical Banksy Artwork Burned and Digitized to NFT

In First Physical Banksy Artwork Burned and Digitized to NFT Mar 4 2021 · 09:07 UTC | Updated Mar 4 2021 · 10:32 by Bhushan Akolkar · 2 min read Photo: Burnt Banksy / Twitter You have successfully joined our subscriber list. The 21st-century art enthusiasts are stashing physical artwork and converting them into digital collectibles in the forms of blockchain-based NFTs that are further auctioned for millions of dollars. The recent developments around NFTs have really caught fire as things have escalated to a whole new level. In a first-of-its-kind move, the original artwork of Banksy worth £70,000, dubbed Morons, was destroyed and converted into a non-fungible token (NFT). Morons, 2006 popular print ridicules the collectors who pay massive sums of money for art. The destruction happened in Brooklyn, New York while live-streaming the event to a global audience. Pest Control, a Banksy body that verifies the art, has authenticated the original artwork.

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Hex Trust Announces Custodial Solutions for Non-Fungible Tokens (NFTs)

Hex Trust Announces Custodial Solutions for Non-Fungible Tokens (NFTs) Mar 4 2021 · 08:45 UTC | Updated Mar 4 2021 · 09:14 by Bhushan Akolkar · 3 min read Photo: Unsplash You have successfully joined our subscriber list. Hex Trust is the first-ever platform to offer secure custodial services for NFTs. The decision comes amid NFTs gaining massive popularity transacting millions-of-dollars. On Tuesday, March 3, digital asset custodian Hex Trust announced new crypto custodial solutions for securely storing non-fungible tokens (NFTs). Probably, this is for the first time that a crypto firm is offering custodial solutions for NFTs. NFTs have gained massive popularity in recent times. These are basically blockchain-based cryptographic tokens that are not interchangeable. Each NFT is unique in its existence and can’t be duplicated. These digital tokens represent pieces of digital art, sports highlights, music, and much more.

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NFT Sale of Ben Mauro Completed within Minutes of Launch for $2 Million

NFT Sale of Ben Mauro Completed within Minutes of Launch for $2 Million Mar 4 2021 · 08:41 UTC | Updated Mar 4 2021 · 09:07 by Bhushan Akolkar · 2 min read Photo: Ben Mauro / Twitter You have successfully joined our subscriber list. With the NFT craze catching up, popular artist Ben Mauro known for creating profound characters and futuristic lifeforms successfully sold 21 unique collections in NFTs on the VIV# marketplace leveraging the Flow blockchain. On Wednesday, March 3, legendary concept design artist Ben Mauro completed the sale of its 21 NFT collectibles, raising a whopping $2 million in a flash sale that lasted just 7 minutes. The sale happened on the VIV3 marketplace and facilitated on the Flow blockchain. Also, the sale happened in 3 tier packs – Common, Rare and Legendary.

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