NFT News

BlockchainReporter’s NFT section covers non-fungible tokens and the platforms that trade them: marketplace reviews, fees, major collections, weekly sales and the companies building on NFTs. The market has shrunk sharply since its 2021 and 2022 peak, and 2026 brought marketplace shutdowns and pivots alongside new uses such as tokenized collectibles.

An NFT is a unique token on a blockchain that records ownership of a digital or physical item, such as art, a collectible card or a game asset. Most NFT trading takes place on Ethereum, Solana and Bitcoin, through marketplaces such as OpenSea and Magic Eden.

What We Cover in NFT News

Before buying an NFT, check the collection’s contract address on the marketplace, trading volume and the creator’s royalty and fee terms, and remember that most NFTs have little or no resale market.

Frequently Asked Questions

Are NFTs dead in 2026?
NFTs are not dead, but the market is far smaller than at its 2021 and 2022 peak. In 2026, Blur announced it would shut its marketplace website after volumes fell about 99%, NFT lender NFTfi closed, and OpenSea expanded into other products. Trading has shifted toward tokenized collectibles, such as trading cards, and a smaller set of established collections.

What is the best NFT marketplace?
It depends on the blockchain. OpenSea supports many chains and remains the best-known marketplace, Magic Eden focuses on Solana, and specialist platforms serve tokenized collectibles. Compare marketplace fees, creator royalties, supported chains and liquidity for the collection you want. Our reviews of OpenSea, Magic Eden and Blur compare fees and features in detail.

How do NFT marketplace fees work?
Most marketplaces charge a fee on each sale, paid by the seller, and may pass on a creator royalty set by the collection. Buyers also pay blockchain network fees, which are higher on Ethereum than on Solana or layer-2 networks. Fees change often, so check the marketplace’s current fee page before listing or buying an NFT.

Etherscape Surges to Top 5 on Epic Games Store, Leading the Charge for Web3 Gaming
Etherscape Surges to Top 5 on Epic Games Store, Leading the Charge for Web3 Gaming

Etherscape surges to the top 5 on Epic Games Store, marking a milestone for Web3 gaming. Fully integrated with Enjin, it rivals major titles like Fortnite.

August 20, 2024
Top NFT Collection Sales This Week: DMarket Tops Again
Top NFT Collection Sales This Week: DMarket Tops Again

As per the statistics provided by CryptoSlam, DMarket maintained its 1st spot. It effectively recorded NFT sales of nearly $5,031,775 worth.

By Umair
August 18, 2024
Unioverse Unveils Hoverdrome with $15K+ Tournament Rewards and Exclusive Hero NFT
Unioverse Unveils Hoverdrome with $15K+ Tournament Rewards and Exclusive Hero NFT

Unioverse unveils its 2nd flagship game, Hoverdome, blending racing and combat in an NFT-powered realm. Users can celebrate the launch with a $15K+ tournament.

August 13, 2024
NFT Market Sees Significant Activity as Froganas Leads the Pack
NFT Market Sees Significant Activity as Froganas Leads the Pack

Froganas leads the NFT market with a 24-hour volume of $898.16K, and a top sale of $83.40K for Frogana #4712.

August 12, 2024
Top NFT Collections by Sales This Week: DMarket Surges Ahead
Top NFT Collections by Sales This Week: DMarket Surges Ahead

The prominent NFT projects this week take into account DMarket, Guild of Guardians Heroes, Sorare, DogeZuki Collection, and CryptoPunks.

By Umair
August 11, 2024
Top NFT Collections in Terms of Sales This Week
Top NFT Collections in Terms of Sales This Week

CryptoSlam places Sorare, DogeZuki Collection, Bored Ape Yacht Club, and CryptoPunks among the top weekly NFT collections.

By Umair
August 5, 2024
Notcoin and Lost Dogs to Introduce First Story-Driven Web3 Game with Getgems NFTs
Notcoin and Lost Dogs to Introduce First Story-Driven Web3 Game with Getgems NFTs

Notcoin partners with Lost Dogs Co and Getgems to launch a groundbreaking story-driven Web3 game, featuring Lost Dogs NFTs and interactive gameplay.

August 1, 2024
Revamped SBINFT Market Simplifies NFT Trading and Collection Listing
Revamped SBINFT Market Simplifies NFT Trading and Collection Listing

SBINFT Market relaunches with enhanced features, simplifying NFT trading and collection listing while reinforcing its position as Japan’s top NFT marketplace.

July 29, 2024
Top NFT Collections of the Week: Solana Monkey Business Leads in Sales
Top NFT Collections of the Week: Solana Monkey Business Leads in Sales

The top NFT collections over this week in terms of sales take into account Solana Monkey Business, DMarket, DogeZuki Collection, and Gods Unchained Cards.

By Umair
July 29, 2024
OKX Wallet’s Latest Update Unlocks a New Realm of Bitcoin NFTs—Here’s How
OKX Wallet’s Latest Update Unlocks a New Realm of Bitcoin NFTs—Here’s How

OKX, a prominent figure in the Web3 technology landscape, has recently announced a significant development earlier today.

July 25, 2024
COTI and Xctuality Partner to Empower Web3 Privacy across ‘Phygital’ Ecosystem
COTI and Xctuality Partner to Empower Web3 Privacy across ‘Phygital’ Ecosystem

COTI partners with Xctuality to enhance privacy in the phygital ecosystem, integrating its solutions into products like Persona NFTs.

July 25, 2024
Vanar Launches NFT Marketplace and Sponsors Google Cloud Startup Event
Vanar Launches NFT Marketplace and Sponsors Google Cloud Startup Event

Vanar launches Bazaa_io NFT marketplace and sponsors the Google Cloud Startup event in Pakistan, emphasizing its commitment to innovation and community growth.

July 24, 2024