OpenSea, the second largest NFT trading platform, announced that it will stop enforcing mandatory artist fees — a feature that drew many to the space.
NFTs
Former OpenSea Staffer Convicted of Fraud
Federal prosecutors say the conviction marks the first insider trading case involving NFTs.
What Is a Signature in the Internet Age?
As a cryptographic unit for record-keeping, an NFT can be seen as analogous to a signature or an autograph.
Every Digital Artwork Starts With a Sketch
Simulation Sketchbook takes as its starting point the reality that digital artists, like all artists, sketch out their work as well.
What’s in Store for NFTs in 2023?
The most glaring sign of NFTs’ decline may not be their descending value, but their growing resemblance to the rest of the art market.
Relative of Hilma af Klint Condemns NFTs of Artist’s Paintings
Hedvig Ersman, the granddaughter of Hilma af Klint’s nephew, said the sale of NFTs on Pharrell Williams’s GODA platform “goes against the will” of the artist.
In a Bear Market, the NFT Scene Embraces Goblins
Goblins became a fitting identity for NFT enthusiasts, who are uncertain about their future, yet are still darkly proud of their fast-paced, albeit often conniving, subculture.
Still Hurting From the COVID Pandemic, DJs Turn to Digital Platforms
The use of technologies such as NFTs and live streaming has been growing steadily in the music world since the COVID-19 lockdowns.
Collector Who Says He Burned Frida Kahlo Work for NFT Under Investigation
Martín Mobarak may have broken Mexican law, but he burned the proof.
As Crypto Flounders, Ethereum Reduces Its Energy Consumption by 99.95%
But the “merge,” as the transition to a proof-of-stake protocol is being called, has not helped the value of the cryptocurrency, and scammers took advantage of the hype.
Art Trove Worth $70M Will Be Sold to Support MoMA’s “Digital Initiatives”
But so far, the museum has remained vague on the subject of what, exactly, these “initiatives” will be.
NFTs Tank on OpenSea as Crypto Winter Continues
It’s the latest in a rocky year of scams, plagiarism, and poor customer service on the platform, but NFT enthusiasts say they can survive the bear market.