Author: NFT Evening

Reddit is closing down its Collectible Expressions feature. This feature allowed users to create animated expressions using their Collectible Avatars NFTs. The change will take effect on August 5, 2024. After this date, users won’t be able to use Collectible Expressions in new comments, although they may still see them in older comments.What Were Collectible Expressions?Collectible Expressions were built on Reddit’s Collectible Avatars, which are NFTs on the Polygon blockchain. When launched, these NFTs gained popularity quickly. Polygon’s co-founder, Sandeep Nailwal, even suggested that Reddit had successfully cracked the NFT code with this launch. The Collectible Expressions feature offered users…

Imagine owning a tiny piece of a famous piece of digital art. Sounds impossible, right? Well, thanks to ERC-404 tokens, it’s becoming a reality. This new and exciting way to own NFTs is changing the game. Instead of buying a whole NFT, you can now buy a small part of it. This means more people can enjoy owning a piece of something special, and it makes NFTs more accessible to everyone. Let’s dive in and learn more about how the ERC-404 token standard shaping the future of digital arts.Key Takeaways:ERC-404 Token Standard allows multiple people to own parts of a single…

Non-fungible tokens, or NFTs, have rapidly gained prominence in the digital asset space. Among these, a distinct category known as blue chip NFTs has emerged. Characterized by their market capitalization, established market presence, and often a connection to renowned artists or brands, blue chip NFTs represent a unique investment and collectible opportunity. This guide delves into the world of blue chip NFTs, exploring their defining characteristics, and top blue chip digital art projects and collections.Key Takeaways:NFTs are non-fungible tokens, unique digital assets verified by blockchain technology.Blue chip NFTs represent a subset of NFTs characterized by high value, established market presence, and…

Donald Trump expects to publish his fourth collection of NFT images. In an interview with Bloomberg Businessweek, Trump announced the development and highlighted how well his other collections had performed. He said “The whole thing sold 45,000 of the cards. And I did it three times. I’m going to do another one because the people want me to do another one. It’s an unbelievable spirit. Beautiful.”Previous Teases and Supply and DemandTrump mentioned the prospect in May at a Mar-a-Lago banquet for his favorite NFT holders. He highlighted the idea of supply and demand back then. “I believe in supply and…

ApeCoin has announced the upcoming launch of the ApeChain testnet, named Curtis on today July 16. This milestone represents a significant advancement for ApeCoin, showcasing its ongoing efforts to expand and enhance its blockchain capabilities.Announcement by ApeCoinGreg Solano, co-founder of Yuga Labs, shared insights on the launch in a recent blog post.  He highlighted the collaborative efforts in branding and the anticipation for future developments once the mainnet is operational.About Yuga LabsFounded in 2021, Yuga Labs has established itself as a prominent digital asset incubation studio, shaping the landscape of web3 through innovative storytelling, immersive experiences and community engagement. The…

Historical Context in ArtIn the realm where art and current events collide, moments of significant political impact often find expression through creative channels. From Abraham Lincoln to John F. Kennedy, assassinations have historically been fodder for artistic interpretation. Andy Warhol’s poignant “Jackie” series exemplifies this, capturing the essence of tragedy and historical narrative through art.Following the recent assassination attempt on former President Donald J. Trump, digital artists have swiftly responded with their own visual commentary. The striking images from the event, particularly those showing a defiant Trump against an American flag backdrop, have become the focal point of these artistic…

In the NFT market, sales have reached $109 million, showing a notable shift in the last week. 21% more trades were made than there were sellers, even though there were fewer buyers overall (2,435,539 trades). This indicates strong activity even in the face of lower participation.Ethereum and Polygon Dominate NFT TransactionsEthereum maintained its dominance in NFT sales, generating $32.7 million, even amidst concerns about wash trading. Polygon, on the other hand, saw a remarkable 90% rise in its NFT trading volume, surpassing Bitcoin and Solana with $24 million in sales, including $3.1 million from wash trading, despite a nearly 79%…

The world of Non-Fungible Tokens (NFTs) is changing quickly. As technology and creativity come together, new NFT trends are appearing. These trends are set to shape the future of digital arts in 2024 and 2025. This guide explores these top upcoming NFT trends, giving you insights into the future of NFT use cases.Key Takeaways:According to CryptoSlam, the total NFT sales volume is over US$65 billion, with Ethereum, Solana, and Bitcoin being the top blockchains for NFT traders.The top NFT trends to watch out for are the rise of utility NFTs, the tokenization of real-world assets, NFTs in the music industry,…

Non-fungible tokens (NFTs) have exploded in popularity, grabbing headlines and fetching millions for digital artwork and collectibles. But what exactly are NFTs, and are they a sound investment? Like any investment, NFT investing has its pros and cons. This guide will explore both sides to help you understand if NFTs are right for you.Market on the Rise: According to CryptoSlam, the global NFT market reached a staggering $65.4 billion in total sales (at the time of writing), with analysts predicting continued growth.Key Takeaways:NFTs (Non-Fungible Tokens) are unique digital assets verified using blockchain technology with each NFT being distinct and digitally…

The Solana blockchain has emerged as a powerful platform for creators to launch their own non-fungible token (NFT) collections. With its blazing-fast transaction speeds, low fees, and growing ecosystem, Solana offers a compelling alternative to Ethereum for NFT projects. Here’s a comprehensive step-by-step guide for launching your Solana NFT collection, covering everything from initial setup to post-launch promotion.Key Takeaways:NFTs are unique digital assets on blockchains, with Solana offering fast transactions and low fees, making it an attractive alternative to Ethereum for NFT creation and trading.Setting up a Solana wallet and choosing a minting platform like Metaplex Candy Machine or Gumdrop is…