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.

Celo Foundation Partners with Rarible to Release an NFT Marketplace
Celo Foundation Partners with Rarible to Release an NFT Marketplace

As per Celo, it is partnering with Rarible (an aggregated NFT platform) to release the NFT marketplace named Celosphere that would focus on art.

By Umair
April 4, 2024
Bitcoin Layer-2 Social Network’s ‘Touch Grass’ Campaign Aims to Make Crypto More Eco-Friendly
Bitcoin Layer-2 Social Network’s ‘Touch Grass’ Campaign Aims to Make Crypto More Eco-Friendly

Upcoming Bitcoin Layer-2 platform Social Network encourages eco-conscious crypto engagement through Touch Grass AR NFT initiative, developed with Earth Wallet.

April 4, 2024
SPACE ID Partners with CyberConnect to Revolutionize Social Engagement
SPACE ID Partners with CyberConnect to Revolutionize Social Engagement

By integrating CyberID into the broader SPACE ID ($ID) Web3 Name Ecosystem, users will benefit from improved functionality.

By Umair
April 4, 2024
Chainers Review: The Emerging Giant of the NFT World
Chainers Review: The Emerging Giant of the NFT World

With over 400K players globally and 25M NFTs minted, Chainers stands out for its innovative gameplay, powered by Polygon and features like AR, and more.

April 1, 2024
Prom Chain Unveils True Gems, Marking a New Era in NFT Community Engagement
Prom Chain Unveils True Gems, Marking a New Era in NFT Community Engagement

Thousands of enthusiasts around the world are thrilled to own their Prom NFTs and enjoy this exciting opportunity without a financial barrier.

By Umair
March 31, 2024
Exploring The Risk-Free Ways Web2 Brands Are Entering Web3
Exploring The Risk-Free Ways Web2 Brands Are Entering Web3

Web2 brands explore Web3’s potential through risk-free ventures like NFTs and crypto payments, leveraging new tech without impacting their main operations.

March 25, 2024
SubQuery Teams Up with Stargaze to Enhance NFT Marketplace Experience
SubQuery Teams Up with Stargaze to Enhance NFT Marketplace Experience

SubQuery enhances Stargaze’s NFT marketplace through strategic partnership, leveraging advanced data solutions in the Cosmos network.

By Umair
March 22, 2024
OKX Announces an Exclusive Collaboration with Immutable for a GameFi Launchpad
OKX Announces an Exclusive Collaboration with Immutable for a GameFi Launchpad

OKX collaborates with Immutable for a GameFi NFT launchpad and zkkEVM integration, enhancing access to digital assets and gaming experiences.

By Umair
March 21, 2024
Top XRP NFT Project XPUNKS Moves to Solana
Top XRP NFT Project XPUNKS Moves to Solana

XPUNKS shifts from XRP to Solana, eyeing a richer NFT culture and growth opportunities in a bold move for the acclaimed NFT project.

March 19, 2024
CrossSpace Announces Partnership with TOZ Universe, Enhancing Web3 Metaverse
CrossSpace Announces Partnership with TOZ Universe, Enhancing Web3 Metaverse

By collaborating on marketing projects, CrossSpace and TOZ Universe hope to strengthen their communities and expand Web3 networks.

By Umair
March 15, 2024
Omnisea to Enable Ritual-Powered aiNFT Drops in Upcoming Integration
Omnisea to Enable Ritual-Powered aiNFT Drops in Upcoming Integration

Omnisea hopes to meet market needs and open new cryptocurrency and AI uses by adding aiNFTs to its ecosystem.

By Umair
March 14, 2024
Manta Network Unveils Golden Treasure Shovel NFT for Adventurers
Manta Network Unveils Golden Treasure Shovel NFT for Adventurers

First, 10k shovels will be distributed in order of arrival. Adventurers who burn a Mystical Manta NFT after the first shovels will still receive airdrop.

By Umair
March 8, 2024