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.

The Sandbox Working on EIP-2981 to Redistribute Royalties to NFT Creators
The Sandbox Working on EIP-2981 to Redistribute Royalties to NFT Creators

The Sandbox thinks that each of the NFT creators should get a considerable proportion of the royalties each time when their content is sold again.

By Umair
August 9, 2023
Nansen Issues Warning Regarding Fake NFT Collections Impersonating Their Brand
Nansen Issues Warning Regarding Fake NFT Collections Impersonating Their Brand

Nansen issues warning about fake NFT collections impersonating them. This comes after the FBI warned on fraudsters posing as NFT developers.

August 9, 2023
Blockchainreporter Weekly Crypto News Review: Ups, Downs and New Partnerships
Blockchainreporter Weekly Crypto News Review: Ups, Downs and New Partnerships

The beginning week of August proved a tough one as it cannot be easily labeled good or bad. Read this crypto news collection to find the answer.

By Umair
August 5, 2023
OKX Ventures Announces $1M Investment In Moonbox to Fuel AI’s Integration In Web3 and NFT Sector
OKX Ventures Announces $1M Investment In Moonbox to Fuel AI’s Integration In Web3 and NFT Sector

OKX Ventures invests $1 million in Hong Kong-based startup Moonbox, fueling the development of AI-powered NFTs and Web3 applications.

August 4, 2023
NFT Platform Nifty’s Announces to Shut Down with Immediate Effect
NFT Platform Nifty’s Announces to Shut Down with Immediate Effect

Nifty’s remained ineffective in availing itself of the investment opportunities on which it was operating despite making several endeavors.

By Umair
August 3, 2023
TaskOn Announces Integration with HAQQ Network to Boost User Growth In Web3 Projects
TaskOn Announces Integration with HAQQ Network to Boost User Growth In Web3 Projects

TaskOn’s integration with HAQQ Network boosts Web3 growth, enhancing user engagement and enabling unique features.

August 2, 2023
Unlockd and DeeLance Form an Ecosystem Collaboration to Promote Innovation in the NFT World
Unlockd and DeeLance Form an Ecosystem Collaboration to Promote Innovation in the NFT World

According to the NFT lender Unlockd Finance, the platform will assist DeeLance in the case of solutions dealing with NFT liquidity.

By Umair
August 2, 2023
A New Era of Secure and User-Friendly eTicketing is Upon Us, Thanks to the Blockchain
A New Era of Secure and User-Friendly eTicketing is Upon Us, Thanks to the Blockchain

Explore how blockchain technology is revolutionizing the eTicketing industry, offering enhanced security and user experience.

August 1, 2023
OKX Wallet Embraces Art NFTs with HeartX Marketplace Integration
OKX Wallet Embraces Art NFTs with HeartX Marketplace Integration

OKX Wallet integrates with HeartX, a leading art NFT marketplace, empowering users to explore and earn rewards in the vibrant world of digital art.

July 31, 2023
Alchemy Pay Teams Up with Checkout.com, Brings Global Fiat-Crypto Transactions and Future NFT Checkout Integration
Alchemy Pay Teams Up with Checkout.com, Brings Global Fiat-Crypto Transactions and Future NFT Checkout Integration

Alchemy Pay collaborates with Checkout.com to enable seamless global fiat-crypto transactions and prepare for future NFT Checkout integration.

July 28, 2023
Ethereum’s New Contender in Generative Art: Highlight’s Bold Venture
Ethereum’s New Contender in Generative Art: Highlight’s Bold Venture

Discover Highlight, Ethereum’s latest entrant in the generative art space, aiming to revolutionize the domain.

July 26, 2023
OKX Wallet Integrates with Trait Sniper, Unlocking New NFT Frontiers
OKX Wallet Integrates with Trait Sniper, Unlocking New NFT Frontiers

OKX Wallet integrated with Trait Sniper for enhanced NFT insights and seamless trading experience, allowing users to explore new frontiers in the world of NFTs.

July 26, 2023