NFTs

NFT Focused Layer 2 Immutable X Launches Alpha Version

Immutable X, an NFT-focused layer 2 solution on Ethereum from the team behind the NFT trading card game Gods Unchained, has launched a test version of the network. Gods Unchained players have exclusive access for the time being.  Immutable X offers gas-free NFT minting, trading, and collecting, as well as near-instant transaction times. Immutable X …

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NFT Investing on a Budget With Fractions and Index Funds

Investing in individual non-fungible tokens or NFTs is a problematic task. The NFTs that seem likely to do well as investments are selling for astonishing sums pricing out both newcomers and established collectors. For those seeking exposure to high-flying NFTs, fractionalization may well be the answer.  The Basics of NFT Fractions NFT fractions, also known …

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NFTs Are Becoming a Major Source of Income for Crypto Newbies in the Philippines to Colombia

Before April 2020, Paul had never purchased cryptocurrency, let alone even heard of an NFT. Less than a year later, his NFT trading profits have netted him around 17 times the yearly minimum wage in his native Colombia (around $3,100 annually) and allowed him to buy his first house.  He isn’t the only one, either. …

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Enjin Introduces NFT-Focused Blockchain

Enjin has revealed more details about their NFT-focused blockchain, Efinity Network, which was announced earlier this month alongside their “high-speed bridge network” scaling solution, JumpNet. Efinity Network will be built as a parachain (ie: an offshoot blockchain) on the Polkadot network. Enjin plans Efinity Network to be a cross-chain highway for NFTs, capable of supporting …

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Do You Really* Own Your NFT? Chances Are, You Don’t

NFTs have been pitched as a radical, new form of digital ownership detached from the whims of centralized companies. Unlike digital goods in mobile games, which are traditionally tied to the lifespan of a games’ server, NFTs are said to be truly “ownable.” In other words, as long as you own the token, you own …

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