In 2020, newly launched NFTs projects experienced costly gas wars that are gas priority auctions where buyers battle to secure their spot on the next block, potentially losing ETH to failed transactions. In 2021 digital scarcity and utility drove the NFT hype in the constantly surging markets and toward the end of the year, how much attention any collection received seemed to … [Read more...] about NFTs are ‘Stayin’ Alive’ as new minting trends, AI and music-based projects thrive
minting
Mintable app to support minting NFTs on the layer 2 Immutable X protocol
Mintable marketplace announced its partnership with Immutable X, a StarkWare-based layer 2 solution for NFTs on Ethereum, to make over 24 million NFTs on Immutable X available for sale on Mintable. This integration will enable users to deposit ETH and ERC-20 tokens with instant confirmation and no gas fees.According to Mintable’s Twitter thread, Mintable and Immutable X share a … [Read more...] about Mintable app to support minting NFTs on the layer 2 Immutable X protocol
Minting, distributing and selling NFTs must involve copyright law
Everyone is wild about nonfungible tokens (NFTs). The first half of 2021 alone saw NFTs from Andy Warhol, NFTs of the code for the World Wide Web, the first-ever Tweet and, of course, the famous $69 million NFT sale of Beeple’s “Everydays.” Whether this explosive rise of NFTs is a flash in the pan or the future of art and beyond is a hot topic of conversation. An emerging theme … [Read more...] about Minting, distributing and selling NFTs must involve copyright law
CyberKongz’ mass monkey minting burns $4M in Ether in 5 hours
The latest craze in animal themed nonfungible tokens has been such a big hit that it has become the top burner of Ethereum transaction fees over the past 24 hours.CyberKongz, which started as a collection of 1,000 unique NFTs in early March 2021, has surged in popularity recently. So much so that it has today usurped NFT marketplace OpenSea and the world’s most popular … [Read more...] about CyberKongz’ mass monkey minting burns $4M in Ether in 5 hours