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.

Konami Partners with Ava Labs to Launch Resella, Bringing NFTs to Masses with Zero Gas Fees
Konami Partners with Ava Labs to Launch Resella, Bringing NFTs to Masses with Zero Gas Fees

Konami Digital Entertainment Co., Ltd., has teamed up with blockchain technology leader Ava Labs to bring out “Resella,” a newly launched product.

June 20, 2024
SITE Network Begins a $39B Virtual Tourism Project with Enjin
SITE Network Begins a $39B Virtual Tourism Project with Enjin

As per SITE Network, the project merges Augmented Reality and Virtual Reality while attempting to redefine tourism around the globe with Enjin.

By Umair
June 19, 2024
From Concept to Reality: Micro3 and Chainlink Set to Redefine NFT Accessibility Across Chains
From Concept to Reality: Micro3 and Chainlink Set to Redefine NFT Accessibility Across Chains

Chainlink’s Cross-Chain Interoperability Protocol has Integrated on Micro3, Empowering Secure Cross-Chain NFT Transfers on Major Networks.

June 14, 2024
Enjin Collaborates with Top Music Artists to Rise in the Real-World Asset Realm
Enjin Collaborates with Top Music Artists to Rise in the Real-World Asset Realm

Enjin is joining forces with a leading music artist “George Murphy” as well as “The Rising Sons” to occupy a significant position in the RWA sector.

By Umair
June 13, 2024
Snap-to-Earn: Toshiyuki Otsuka’s Vision for the Future of Photography with SNPIT
Snap-to-Earn: Toshiyuki Otsuka’s Vision for the Future of Photography with SNPIT

In this interview, Toshiyuki Otsuka discusses the creation of SNPIT, world’s first Snap-to-Earn GameFi platform merging photography with blockchain technology.

June 7, 2024
VibrantX Finance Joins Forces with Avex Defy to Promote Mutual Growth
VibrantX Finance Joins Forces with Avex Defy to Promote Mutual Growth

As per VibrantX Finance, the reason behind joining forces with Avex Defy takes into account the platform’s inclusivity.

By Umair
June 3, 2024
Banksters Prepares to Launch Its Token on Top Crypto Exchanges
Banksters Prepares to Launch Its Token on Top Crypto Exchanges

As per Banksters, it is going to launch its native utility token $BARS on prominent crypto exchanges including Bybit and MEXC.

By Umair
May 30, 2024
Nakamoto.Games Enhances Platform with AIOZ W3IPFS Integration
Nakamoto.Games Enhances Platform with AIOZ W3IPFS Integration

Nakamoto.Games integrates with AIOZ W3IPFS, enhancing its GameFi platform with NFT security and a network of over 170,000 CDN nodes.

May 28, 2024
Cosmos Enters NFT Market with Stargaze
Cosmos Enters NFT Market with Stargaze

This Cosmos and Stargaze integration adds the security layers and developer royalties that lead to strong and friendly environment for developers.

By Umair
May 28, 2024
The Sandbox Launches DAO to Empower Community Governance in the Open Metaverse
The Sandbox Launches DAO to Empower Community Governance in the Open Metaverse

The Sandbox has launched The Sandbox DAO for community-driven governance, marking a significant step towards a decentralized gaming Metaverse.

May 28, 2024
Prom Integrates Fandom to Revolutionize Digital Culture with NFTs and Web3
Prom Integrates Fandom to Revolutionize Digital Culture with NFTs and Web3

With this colab, Prom and Fandom are doubling down on their commitment to improve fans’ experience by providing creators with new opportunities.

By Umair
May 26, 2024
Nightly Wallet Integrates Vara Network to Improve Asset Management
Nightly Wallet Integrates Vara Network to Improve Asset Management

Nightly Wallet has integrated the popular smart contract forum Vara Network while endeavoring to improve asset management operations.

By Umair
May 22, 2024