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NFT enthusiasts hold firm despite crypto price plunge


NFT enthusiasts hold firm despite crypto price plunge
Reuters | May 20, 2021 08:22 PM EDT
Humanoid robot Sophia, developed by Hanson Robotics, is seen through a plastic plate with paint on it during a demonstration before auctioning her own non-fungible token (NFT) artwork, (Photo : REUTERS/Tyrone Siu/File Photo)
This week s cryptocurrency price plunge eroded the dollar-based value of NFTs and raised the cost of buying and selling them, in what could be a setback for the burgeoning digital asset market. But NFT collectors are not bailing out.
Non-fungible tokens - a way of trading digital assets by recording their ownership status on blockchain - exploded in popularity in February and March this year, notching up hundreds of millions of dollars in sales. ....

United States , Andrew Steinwold , Hamish Barnes , Gauthier Zuppinger , Hanson Robotics , File Photo , Wall Street , ஒன்றுபட்டது மாநிலங்களில் , ஹமிஷ் களஞ்சியங்கள் , ஹான்சன் ரோபாட்டிக்ஸ் , கோப்பு புகைப்படம் , சுவர் தெரு ,

NFT enthusiasts hold firm despite crypto price plunge


TechnologyNFT enthusiasts hold firm despite crypto price plunge
Elizabeth Howcroft
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Humanoid robot Sophia, developed by Hanson Robotics, is seen through a plastic plate with paint on it during a demonstration before auctioning her own non-fungible token (NFT) artwork, in Hong Kong, China March 16, 2021. REUTERS/Tyrone Siu/File Photo
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This week s cryptocurrency price plunge eroded the dollar-based value of NFTs and raised the cost of buying and selling them, in what could be a setback for the burgeoning digital asset market. But NFT collectors are not bailing out.
Non-fungible tokens - a way of trading digital assets by recording their ownership status on blockchain - exploded in popularity in February and March this year, notching up hundreds of millions of dollars in sales. read more ....

United States , Andrew Steinwold , Hamish Barnes , Gauthier Zuppinger , Thomson Reuters Trust Principles , Wall Street , Thomson Reuters Trust , ஒன்றுபட்டது மாநிலங்களில் , ஹமிஷ் களஞ்சியங்கள் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , சுவர் தெரு , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,