infrastructure / 24 posts found
Looking for Liquidity? Here’s Everything to Know About NFT Lending
The last 24 months have been a whirlwind for NFT enthusiasts, with unprecedented demand for digital ownership creating a new and exciting asset class right before our eyes. But eventually, all new toys lose their shine. And after a crazy period of buying, selling, and trading NFTs, investors seek new ways to leverage their assets. Enter the rise of fractionalized ownership, staking, and NFT’s hottest new sector: lending. You read that right. People are lending their relatively-illiquid JPEGs for instant payouts in crypto and cash. And it’s become a massive sector of the market. I have never seen a more […]
Instagram Is Expanding NFT Support to 100 Countries
Following test runs earlier this year in select markets, Instagram is expanding its NFT support to 100 additional countries across “Africa, Asia-Pacific, the Middle East, and the Americas,” according to a Thursday blog post. Thanks to the image-sharing platform’s status as a Meta-owned entity, this move could bolster the tech giant’s hopes of broadening its authority in the NFT industry. This is Instagram’s latest move toward serving users as an NFT marketplace, and it’s only a matter of time before Facebook follows suit should Meta’s NFT roadmap for its various properties come to fruition. View this post on Instagram A […]
NFT Game Developers Take on Minecraft After Blockchain Ban
Following Minecraft’s outright ban on in-game NFTs, some blockchain-based projects have been forced to find new homes. Case in point: NFT Worlds, a beleaguered metaverse gaming project that once enabled users to mint, buy, and trade various Minecraft-compatible 3D worlds. With Minecraft’s ban in place, NFT Worlds’ proprietary $WRLD token immediately tanked in value, exacerbating the effects of an industry-wide downturn. Source: CoinMarketCap NFT Worlds saw this potentially-catastrophic news as a rallying call. Like many others in this bear market, the company has no other choice but to keep building. In a lengthy public statement, the NFT Worlds team announced […]
A Model for Future Cities? Miami Is Launching Its Own NFT Collection
What first pops into your head when thinking about Miami? Is it Miami beach? Miami nightlife? Authentic Cubanos? Dwyane Wade? All are correct, but now Miami’s city government wants you to add “Web3 hotspot” to that list. During the NFT industry’s bull run throughout 2021, one of the most important events during this time frame was undoubtedly Art Basel Miami. Scores of NFT enthusiasts flocked to the event’s various locations across the city to catch one of many NFT-centric events taking place at one of the most significant networking events in the entire art industry — not just in the […]