Non-fungible tokens (NFTs) were all the rage during the 2021 cryptocurrency bull market, and now food firms are experimenting with how NFTs and other internet-based technologies may improve their operations.FoodIngredientsFirst investigates the applications of NFTs, digital financial securities built from records of transactions kept in a distributed ledger called a…
NFT sales have significantly declined due to the current crypto dip and the overall crypto market. Statistics from the NFT aggregation website CryptoSlam show that July's secondary NFT market sales were $650 million, a 25% decrease from June's totals. NFT sales have consecutively fallen short of $1 billion for the…
After forming a partnership with Tiffany & Co., one of the oldest NFT projects, CryptoPunks has seen a 24-hour sales volume growth of over 248 percent. Tiffany & Co. Joins the NFT World The previous day, the CryptoPunk collection reportedly sold 1,279 ETH, or approximately $2.16 million, according to CryptoSlam.…
Tiffany & Co. has disclosed the sale of 250 diamond and gem-encrusted pendants to holders of CryptoPunk non-fungible tokens (NFT). Besides, the handmade CryptoPunk pendants are priced at 30 ETH, or approximately $50,600, as announced by the jewelry firm on Twitter on July 31. Tiffany & Co to transform CryptoPunk…
A well-known American company is now coming into Web3. The nation's top iced tea brand, Twisted Tea, is collaborating with Web3 platform Sesame3 to launch its maiden NFTs project. The final surprise is that the first NFT will be given away to a superfan whose image will appear on the label of…