10 Things Everybody Should Know About NFTs

The Alpha: Yuga Labs’ new CEO, Daniel Alegre, bought a BAYC NFT for 50 ETH (approximately $90,000).The purchase was slightly above the floor price at the time, and the move helps demonstrate Alegre’s belief in the project and his understanding of the importance of community. Dive deeper: Daniel Alegre, CEO of Yuga Labs, just made…

Time to face the fundamentals: what are NFTs used for, in the first place? An abundance of high-value NFT sales has continued to dominate the space, despite the recent bear market, so it’s not too outlandish that many still associate NFTs with financial speculation. Lumping NFTs into this bracket seems like the most convenient way…

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Among the best-selling NFT collections out there, some pieces hold a strong potential to become uniquely defining assets of the mythos of each collection. But these don’t always sell for the highest price on the open market. Sometimes, they possess one of the most highly sought-after qualities across the entire NFT space: rarity. In the…

Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL. Don’t get us wrong — the more people onboarded into the space, the merrier. But because of the constant influx of great art and ideas, it’s…

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