# India’s largest crypto exchange launches NFT marketplace after 2,000% token surge

# India’s largest crypto exchange launches NFT marketplace after 2,000% token surge

“# India’s largest crypto exchange launches NFT marketplace after 2,000% token surge ” India’s largest cryptocurrency exchange, WazirX, has launched a nonfungible token marketplace for the exchange of digital art, assets, intellectual property and more, reports India’s Economic Times. The launch comes hot on the heels of a month when WazirX’s in-house exchange token, WRX,…

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# Global fashion brands reportedly considering NFT foray

# Global fashion brands reportedly considering NFT foray

“# Global fashion brands reportedly considering NFT foray ” Fashion giants may be the next globally recognized brands to enter the expanding NFT metaverse. According to Vogue Business, several premium fashion houses are moving closer to releasing their own nonfungible tokens. The move follows the emerging trend of creating digital twins of products and services…

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# ‘Silent crash’ as price floors collapse across NFT space

# ‘Silent crash’ as price floors collapse across NFT space

“# ‘Silent crash’ as price floors collapse across NFT space ” If prices plummet in an illiquid market, how soon before anyone notices? While fungible tokens traded on centralized and decentralized exchanges have significant transparency regarding price movements, nonfungible tokens can be harder to track. Because of their illiquid nature, gauging the sentiment of the…

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# NFTs ‘ten times better’ than traditional art, says Beeple’s M NFT buyer

# NFTs ‘ten times better’ than traditional art, says Beeple’s $69M NFT buyer

“# NFTs ‘ten times better’ than traditional art, says Beeple’s $69M NFT buyer ” Nonfungible tokens are “ten times better than their physical counterparts”, according to digital art collector MetaKovan. The pseudonymous art patron, who was recently revealed to be blockchain entrepreneur Vingaresh Sundaresan, bought the NFT of Beeple’s “EVERYDAYS: THE FIRST 5000 DAYS” for…

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