NFT

Sotheby's is facing accusations of artificially raising Bored Ape NFT values. Investors are suing and demanding answers.

The Azuki NFT project has recently unveiled its latest addition to the ecosystem, the Azuki Elementals Collection. However, this release has sparked mixed reactions within the community. While some see it as a cash grab by the project team, others speculate that there may be more to come that the community is unaware of. With the introduction of 20,000 new NFTs from the same team, the market dynamics of the original Azuki collection have quickly shifted, leaving many to ponder the implications of this expansion.

In a recent auction held by Sotheby's, digital collectibles owned by Three Arrows Capital (3AC) were sold for a total of $10.9 million. This event sheds light on the bankruptcy case involving 3AC and showcases the value of non-fungible tokens (NFTs) in the art market.

Sotheby’s, the renowned auction house with a rich history, has made an exciting foray into the world of non-fungible tokens (NFTs) with the launch of its on-chain NFT marketplace called Sotheby’s Verse. This groundbreaking platform opens up new possibilities for art enthusiasts and collectors, offering a seamless and secure way to buy, sell, and experience curated NFTs.

In the rapidly growing world of Web3, luxury fashion house Louis Vuitton is making headlines by launching its first-ever physical-backed non-fungible tokens (NFTs). This groundbreaking collection includes 42,000 NFTs, each tied to a physical product, signifying an exciting evolution in the luxury fashion and digital assets sphere.