NFT Data Insights – 10.08.21
Big Sales of the Week Top NFT Sales [https://www.nftqt.com/top-100-all-time-nft-sales/] this week had a solid mix of projects. Two repeat collections (Ringers + CryptoPunks). A Beeple. An XCOPY. A meme. And a newcomer to Top 100 (Loot Bags): * #10 → 2,100 ETH → Ringers #109 * #27 → 1,000 ETH
The Kids Getting Rich on the Blockchain
I’ll get straight to the point here. There’s a growing number of kids and teens that are doing very well selling NFTs. Some of their earnings in just the past year are surpassing what I earned my entire childhood through being a busboy, cashier, and valet. It’s
NFT Rental Service – Who is Going to Actually Rent NFTs?
The speed at which innovation is happening for NFT-related financial services is miraculous. We previously discussed Escrow for NFTs [https://www.nftqt.com/escrow-for-nfts-wagering-nfts-and-using-nfts-as-loan-collateral-via-nft-escrow/] and how they’re being collateralized for loans. And now, there’s a rental service for NFTs. NFT Rentals w/ reNFT I’m a little peeved
Twitter Will Verify NFTs – Cementing the Concept of NFTs as Status Symbols
What can you do with NFTs? It’s perhaps the most asked question among people struggling to understand the concept of purchasing digital files. And while there are a plethora of specialized use cases, from using NFTs in-game to getting access to celebs, the most universal use case of NFTs
Access Token NFTs – How They Work and What The Future Holds
There’s a constant restructuring and reforming of communities on the Internet. Popular interests come and go. Social platforms come and go. But the human desire to gather around a shared interest always remains. This is why I believe Access Tokens are among the best NFT use cases we have
Brands Explore Free NFTs – DC Comics, Burger King, and Dave & Busters
When we were writing The NFT Handbook [https://inevitab.ly/nftbook] back in April of this year, we wrote in great detail about the concept of Free NFTs – specifically how it was going to be the main NFT strategy used by legacy brands. And just 6 months later there are
NFTs as a Public Record of Accountability
The greatest form of giving is anonymous to anonymous. Aren’t NFTs the ideal technology for facilitating this highest form of charity? NFTs for Lobbying Earlier this month, many of us were impressed by the launch of Lobby Lobsters [https://universe.xyz/lobby-lobsters]. The 10k project features quirky Lobsters all
NFT Data Insights – 09.17.21
Big Sales of the Week It’s becoming quite evident that making it into the Top 100 NFT Sales of All Time List [https://www.nftqt.com/top-100-all-time-nft-sales/] is getting more and more challenging. With #100 clocking in at around 390 ETH, that means there aren’t any NFTs on
Advertising NFTs – The New Crowdfunding for Media
Earlier this week we were introduced to a new way to think about NFTs for the media sector. We’ve seen publishers sell their prominent magazine covers and articles via NFTs. We’ve seen production companies fund their movies and cartoons through NFTs. But this marks the first time that
What Drives the Value of NFTs? Their Utility or Pure Appreciation?
How could CryptoPunks, nothing but pictures of pixelated cartoon characters possibly create more than $1.5 billion in sales volume? Those familiar with the art market might speculate that it’s the next Picasso – that there are enough people who desire one without enough supply, therefore contributing to rising values.
