In an announcement on Tuesday, cryptocurrency exchange Crypto.com will be launching a nonfungible token, or NFT, platform on Friday, featuring content from major artists, athletes and musicians. Anyone — not just Crypto.com users — will be able to buy, trade and resell NFTs featuring work from Snoop Dogg, Boy George, Klarens Malluta and Lionel Richie, Mr. Brainwash, Opus, BossLogic, Axel Mansoor, KCamp, Kloud, the Aston Martin Cognizant Formula One Team and others. Some of the work will drop in concert with the platform’s launch this Friday. Users will be allowed to pay with over 20 cryptocurrencies, including Bitcoin (BTC), Ether …

Time magazine is embracing the blockchain digital art movement by auctioning three nonfungible tokens, or NFTs, inspired by some of its most iconic covers throughout the decades. The American news magazine announced Monday that the three NFTs will be sold both individually and as a collection on SuperRare, a digital-art trading platform, through Wednesday. The collection is based on the theme “Is ___ Dead?”, which refers to a series of provocative typological covers inspired by the original April 8, 1966 rendition, “Is God Dead?” As Time noted, this was the first cover in the magazine’s history to include only typography …

The latest celebrity to suddenly realize the immense artistic significance of tokenized art (or 'cash in on' depending on your perspective) is rapper and Fyre Festival co-founder Ja Rule — who is auctioning off a 48-inch-by-60-inch, oil-painting of the Fyre Fest's corporate logo with accompanying NFT. The auction, which has a reserve price of $600,000 kicks off today on Flipkick. The Fyre Festival was a much-hyped 2017 luxury festival in the Bahamas featuring $100,000 ticket packages that turned into a legendary disaster. Co-founder Billy McFarland landed in prison for six years over a $28 million fraud, but Ja Rule was …

Edward Fairchild, one of the founders of Los Angeles-based cannabis company THC Design, revealed that he "stumbled" into buying a nonfungible token, or NFT, from acclaimed digital artist "Beeple" that has since increased in value 30,000% since he purchased it in December 2020. Recounting the story in an article published by Business Insider on Sunday, Fairchild noted that despite being a long-time fan of Beeple, he didn't have any knowledge about NFTs and had little faith that anybody would want to collect tokenized art at the time of the purchase. “I had no idea what an NFT was and I'd …

Actor Terry Crews, known for his prominent character in the Brooklyn 99 TV series, is launching his own social currency, $POWER, through social crypto platform Roll. I have launched a social currency on the Ethereum Blockchain called $POWER! Check out this exclusive from @TechCrunch: https://t.co/JpcdIGFbEA pic.twitter.com/1YFSALQhYb — terry crews (@terrycrews) March 10, 2021 Talking to TechCrunch, Crews said that the currency is a means to empower artists. His vision for the currency is for people to earn $POWER by selling their art, NFTs, physical goods, and experiences. Although details around the token are still vague, according to the project’s website, …

Prominent online art portfolio platform ArtStation has caved in to pressure from artists and environmentally-conscious users hours after announcing a series of non-fungible token, or NFT, drops from several notable artists. On Mar. 9, the platform announced the program was scheduled to begin today and featured works from artists including Halo Infinite art director Nicolas “Sparth” Bouvier, retired NASA astronaut Nicole Stott, Assassin’s Creed franchise art director Raphael Lacoste, painter Craig Mullins, and Magic: The Gathering illustrator Alena Aenami. Following a furious bombardment of criticism, all mentions of the announcement were pulled down and replaced with a short message on …

A crypto artist known as "Neitherconfirm" recently listed 26 nonfungible tokens, or NFTs, for sale on OpenSea's digital marketplace. Things took an unexpected turn earlier Tuesday, however, after the artist changed the images associated with each token from computer-generated portraits into photos of literal carpets. It's a knowing comment on a DeFi token exit scam known as a 'rugpull' where a little known token suddenly collapses when liquidity disappears, metaphorically pulling the rug out from under victims' feet. The art pieces, which originally featured people and animal faces in a seemingly stained-glass style, are now nothing more than an expensive …

José Delbo, an artist who illustrated the comic book series Wonder Woman during the late 1970s, has made $1.85 million in an auction selling non-fungible tokens, or NFTs, depicting the popular heroine. The 87-year-old Argentian, who also worked on Batman, Transformers, and The Beatles' Yellow Submarine comic book, collaborated with Milan-based crypto art duo Hackatao to produce the NFT drop, dubbed "Heroines." In total, 914 individual NFTs were auctioned, with the tokens each featuring one of seven illustrations or animated gifs depicting Wonder Woman in scenes invoking themes relating to the empowerment of women. The tokens auctioned included two one-of-a-kind …

A non-fungible token, or NFT, depicting an incinerated painting created by renowned British street artist, Banksy, has sold for nearly $400,000. On March 8, the token was sold on NFT marketplace OpenSea for 228.69 Ether — worth roughly $382,000 at the time of writing. The sale followed three days of bidding, with approximately 70 bidders pushing the price up from a starting price of 0.00001 ETH. The NFT of the Banksy piece is now worth 6 figures. Less than four hours remain until the auction ends https://t.co/1k8EXyUOEZ — Burnt Banksy (@BurntBanksy) March 7, 2021 The NFT was created by “Burnt …

An NFT made up of 100 individual pieces from 100 different artists has sold out within minutes on the Rarible platform, raising almost $89,000. The Ultimate Artist Collaboration... crashed Rarible and then sold out in minutes — Loopify ‍♂️ (@Loopifyyy) March 3, 2021 Although the sale amount is far from record-breaking, the project is noteworthy in that it is a mass collaboration th has taken shape through an individual non-fungible token, or NFT. NFT curator “Loopify” told Cointelegraph the work had been inspired by the current limitations for lesser-known artists to mint and sell their own NFTs such as high …

An original artwork by anonymous British street artist Banksy has been burned and turned into a nonfungible token. The NFT will be auctioned next week on the blockchain-based Rarible platform, where users can create and purchase rare tokenized artworks. The original Banksy in question is a satirical piece entitled “Morons,” which depicts buyers at an art auction bidding on a piece emblazoned with the words “I can’t believe you morons actually buy this shit.” The piece received certification from Pest Control — the only body authorized to authenticate original Banksy artworks. “Morons” was sold at Christie's auction house in London …

Ethernity Chain, a community-oriented nonfungible token platform, is partnering with graphic artist BossLogic to launch an exclusive line of tokenized art pieces for the community. Under the new agreement, BossLogic will create 2,500 NFTs exclusively for the Ethernity Chain network. Each NFT will be priced at 0.299 Ether (ETH). The competition begins Sunday, with winners to be notified via email. To participate in the competition, users must follow Ethernity Chain and BossLogic on Twitter and join the Ethernity Chain Telegram and ANN channels. Users must also retweet the BossLogic announcement, tag two friends and use the following hashtags: "$ERN," "#Bosslogic," …