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.

BakerySwap Embraces Ethereum, Unveils Strategic Upgrades
BakerySwap Embraces Ethereum, Unveils Strategic Upgrades

This move by BakerySwap reflects their commitment to driving DeFi innovation and fostering an interconnected financial ecosystem.

By Umair
November 3, 2023
Layer 1 Blockchain Platform Bluzelle Announces Visionary Expansion into the Creator Economy
Layer 1 Blockchain Platform Bluzelle Announces Visionary Expansion into the Creator Economy

Bluzelle expands into the Creator Economy, empowering content creators with cutting-edge solutions and authentication, addressing the community’s unique needs.

November 2, 2023
Upland and Own the Doge DAO Unite for a Legendary International Doge Day Celebration
Upland and Own the Doge DAO Unite for a Legendary International Doge Day Celebration

Upland and Own the Doge partner for International Doge Day, blending the physical and digital with a Virtual Doge Cafe and NFT Drop, honoring the iconic meme.

October 31, 2023
Neon Machine’s ‘Shrapnel’: The Future of Blockchain Gaming Amplified with $20M Investment
Neon Machine’s ‘Shrapnel’: The Future of Blockchain Gaming Amplified with $20M Investment

Seattle-based Neon Machine raises $20M, led by Polychain, for its blockchain-integrated game ‘Shrapnel.’

October 25, 2023
Blockchainreporter Weekly News Review: SEC Clears Ripple Executives, Crypto Evolves
Blockchainreporter Weekly News Review: SEC Clears Ripple Executives, Crypto Evolves

This week, the crypto industry flourished with significant SEC milestones, innovative NFT solutions, and progressive financial integrations.

By Umair
October 23, 2023
Polygon zkEVM Integration with OKX NFT Marketplace
Polygon zkEVM Integration with OKX NFT Marketplace

OKX NFT Marketplace now supports Polygon zkEVM, offering seamless NFT exploration, management, and trading with zero fees.

October 20, 2023
NFTScan Announces Support for Scroll Network for Explorer and API Services Following Mainnet Launch
NFTScan Announces Support for Scroll Network for Explorer and API Services Following Mainnet Launch

NFTScan announces support for Scroll Network on Explorer and API services, revolutionizing NFT exploration after Scroll’s mainnet launch.

October 19, 2023
Seamless Cross-Chain NFT Transfer: A Collaboration of Kreepy Kritters, PixelSweepers, and Chainlink CCIP
Seamless Cross-Chain NFT Transfer: A Collaboration of Kreepy Kritters, PixelSweepers, and Chainlink CCIP

Kreepy Kritters & PixelSweepers utilize Chainlink CCIP for seamless NFT transfers on BNB Chain & Polygon, opening interchain innovations.

October 17, 2023
LasMeta and Stardust Transform the Metaverse Gaming Landscape
LasMeta and Stardust Transform the Metaverse Gaming Landscape

Stardust leads the Metaverse revolution by providing many tools and features to rise game production and quality.

By Umair
October 16, 2023
Parsec Secures $4M in Funding with Support from Uniswap and Galaxy for Crypto On-Chain Analytics Expansion
Parsec Secures $4M in Funding with Support from Uniswap and Galaxy for Crypto On-Chain Analytics Expansion

Parsec attains $4M in funding, spearheaded by Galaxy Digital, to bolster its blockchain presence and enhance DeFi and NFT analytics offerings.

October 11, 2023
SubQuery Network Partners with Bitsong Studio to Boost Web3 Music with Fast Data Indexing 
SubQuery Network Partners with Bitsong Studio to Boost Web3 Music with Fast Data Indexing 

SubQuery partners with Bitsong Studio to enhance the Web3 music experience by providing faster data indexing. 

October 11, 2023
Binance CEO Issues Warning on Fake Binance Scam Attempts
Binance CEO Issues Warning on Fake Binance Scam Attempts

Binance CEO CZ issues a stark warning against rising crypto scams. Users urged to stay vigilant amid NFT-related frauds.

October 9, 2023