NFT

May
09
2022
By Ellen Britt
New Report Spells Out The Future Of NFT Market

New Report Spells Out The Future Of NFT Market

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Ellen Britt for CNT #NFTAnyone who is pessimistic about the future of the NFT market has simply not done enough research. A new report spells out the forecast in detail.The report on non-fungible tokens by the research firm Markets And Markets, forecasts a 35 percent increase in market size by 2027.The Numbers PleaseThe existing market is a healthy $3 billion and based on a compound annual growth rate (CAGR) of 35 percent, that market size is expected to reach a whopping $13.6 billion by the end of 2027. Of course, that assumes that interest by investors will continue to grow. Market DriversThe…
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May
08
2022
By Ellen Britt
NFTs Are Making Their Mark On Business

NFTs Are Making Their Mark On Business

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Ellen Britt for CNT #NFTSome of the ‘hype’ around pixelated jpegs as NFTs may be decreasing a bit, but the transformation of industry by NFTs continues full steam ahead!Here are just a few ways in which NFTs are making their mark on business:Medical Records An individual’s medical records are vital, irreplaceable pieces of information. For many individuals, even in today’s digital age, their medical records are scattered in various physician offices, hospitals and specialists. But with the rise of the blockchain and NFTs, a person now has the promise of complete control of their medical records along with an airtight promise of…
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May
07
2022
By Ellen Britt
Who’s Afraid Of The Big Bad Metaverse?

Who’s Afraid Of The Big Bad Metaverse?

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Ellen Britt for CNT #NFTAccording to a recent survey, nearly a third of all U.S. adults admit they are “scared” of the metaverse! The survey, which involved more than 2,500 U.S. adults, was conducted by Axios and Momentive, a market research software company. They asked the participants if the idea of the metaverse made them “more excited or scared about the future.”The FewBesides the one third of participants who said they were scared of the metaverse, only 7 percent of folks who responded signaled that the idea had them excited. IndifferenceThe largest group, 58 percent of respondents, were indifferent. This finding is not…
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May
06
2022
By Ellen Britt
Businesses Are Using NFTs To Build Community

Businesses Are Using NFTs To Build Community

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Ellen Britt for CNT #NFTNFTs are rapidly moving from pixelated JPEGs to a technology that has much more utility. For many businesses, this means community building on steroids!Brand LoyaltyNot only are more and more businesses seeing NFTs as community builders, but they are also using them to increase brand loyalty.Crypto Owners Prefer ThisConsumers are becoming increasingly comfortable with the use of cryptocurrency and nearly one-third of crypto owners prefer merchants who are able to take payments in cryptocurrency.Tall, Venti or Grande?We’ve already brought you news about how Starbucks is planning to use NFTs to build community by unlocking access to perks…
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May
05
2022
By Ellen Britt
Starbucks To Launch Its Own NFTs

Starbucks To Launch Its Own NFTs

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Ellen Britt for CNT #NFT Next time you put in your Starbucks latte order, ask for three pumps of an NFT! All kidding aside, the coffee giant plans to launch its NFT collection sometime later in the year. The digital collectibles will open access for owners to exclusive content, experiences and other perks (pun intended!) The Third Place Starbucks has long touted itself as a “third place” meaning a space that exists between your home and your workplace where you can go to experience a sense of belonging as well as get coffee of course. The company now wants to extend…
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May
04
2022
By Ellen Britt
Are You Bored Yet? This NFT Coffee Brand Is Betting You Soon Will Be!

Are You Bored Yet? This NFT Coffee Brand Is Betting You Soon Will Be!

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Ellen Britt for CNT #NFTA new coffee subscription service called Bored Breakfast Club is vying for your attention by tying NFTs to their packaging.The Brand (not to be confused with those infamous Bored Apes) is marrying virtual assets that reside on the blockchain with their physical packaging. The DeetsBored Breakfast Club ships a whole-bean coffee blend, with packaging designed just for that particular blend, directly to its customers. While some blends are available to folks who want to pay and not use crypto, the club rewards those who do.Each time a blend is released, customers who own one of the company’s 5000…
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May
03
2022
By Ellen Britt
Donut worry, be happy! Cronut NFTs are here.

Donut worry, be happy! Cronut NFTs are here.

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Ellen Britt for CNT #NFTGet happy because even though the Times Square Cronut Restaurant is still in the works, Cronut NFTs are rolling out to celebrate the Cronut’s nine-year anniversary.Dominique Ansel, French pastry chef and owner of Dominique Ansel Bakery in New York City is the inventor of the Cronut, a croissant-donut hybrid that became a phenomenon.Bring Back Those FlavorsThe chef is celebrating the anniversary with a nine-piece NFT cronut collection that is bringing back retired flavors including strawberry, lemon verbena, guava and orange blossom.Grab Yours HereThe digital collection goes live on Wednesday, May 4, at 9 a.m. on the OpenSea…
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May
02
2022
By Ellen Britt
Leave My Package In The Metaverse – UPS Enters The Virtual Space

Leave My Package In The Metaverse – UPS Enters The Virtual Space

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Ellen Britt for CNT #NFT Will those familiar big brown UPS trucks soon be rumbling down the aveneues of the metaverse? All the street signs point in that direction! United Parcel Service (UPS) , the Atlanta-based shipping giant, has filed with the U.S. Patent and Trademark Office such terms as NFTs, virtual packages, parcels, shipping labels and virtual retail shipping. Clear Indications These filings are clear indications that UPS intends to enter the metaverse, but just how that will take shape, no one knows just yet. Some of the language used in the trademark filing applications points to USP looking at…
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May
01
2022
By Ellen Britt
How To Secure A Home Loan Using Cryptocurrency

How To Secure A Home Loan Using Cryptocurrency

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Ellen Britt for CNT #NFTWe have already brought you news about buying a real world home using cryptocurrency, but now the worlds of mortgages and crypto are merging.Many cryptocurrency investors have been frustrated by the inability to use their holdings to fund the purchase of a home. Problem Solved!But a partnership between California based blockchain real estate startup Propy, and the Abra Borrow platform, will enable home buyers to use their crypto as collateral to borrow US dollars. The plan features flexible repayment arrangements and low interest rates, some as low as 0 percent.Propy is no stranger to the space, as they were…
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Apr
30
2022
By Ellen Britt
Coinbase Enters The NFT Space

Coinbase Enters The NFT Space

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Ellen Britt for CNT #NFTCoinbase, the well-known cryptocurrency exchange platform founded in 2012, jumped into the NFT space by offering a beta version of its NFT marketplace.Sales were slow the first week. This was not unexpected as the offering was in beta after its launch on April 20th, and not very many people had access to it. But volume is rapidly picking up, with a bit over 900 total transactions completed. Acceleration!This totals about 104.5 Eth in trading volume or approximately $300,000. One third of that happened on Thursday so things are speeding up.Since the launch, Coinbase’s NFT site is adding about…
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