SEC Chair Gary Gensler sparks controversy by classifying NFTs as securities, drawing criticism from lawmakers and crypto ...
They say the SEC has set a concerning precedent of potential regulatory overreach by filing charges against two other NFT art ...
"NFT art right now is nothing more then directions on how to access or download an image. The image is not stored on the blockchain," said Mr Huntley. However, proponents of cryptocurrency say ...
In other words, the SEC, which had never provided clear rules surrounding art or NFT sales, had in short order designated some NFT-connected digital art pieces as securities, meaning they’d have ...
At a basic level, an NFT is a digital asset that links ownership to unique physical or digital items — such as works of art, real estate, music, or videos. NFTs are bought and sold along the ...
some NFT usage is more prone to being considered a security. Most NFTs are not securities, though specific cases like fractionalized art may be exceptions. The @DigitalChamber successfully ...
The NFT market has suffered yet another rough week, marked by a significant plunge in sales volume. NFTs sales has fallen by ...
“In the end, the NFT is just another medium, it is a new language system.” Not only do NFTs serve as a new medium for art, but they unlock new artistic realms as well. “NFTs enable new ...
I discussed the use of Non-Fungible Tokens (NFT) for art sales and ownership transfers in my previous article. Just to reiterate the basics, a blockchain is simply a set of multiple digital ...
It is not just art that is tokenised and sold. Twitter's founder Jack Dorsey has promoted an NFT of the first-ever tweet, with bids hitting $2.5m. Beeple / Christie's A close-up of one of the ...
You can explore the vast array of more than 2 million NFT collections or create your own. OpenSea supports various categories of NFTs, ranging from art, music, collectibles, virtual lands ...
To sell an NFT, connect a crypto wallet ... NFTs have exploded in popularity in recent years among some digital art collectors and investors. Digital artwork has sold for millions of dollars ...