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.

Sui Network’s Releap Protocol Bags $2.1M Funding, Backed by Sui Foundation & GBV Capital Among Others
Sui Network’s Releap Protocol Bags $2.1M Funding, Backed by Sui Foundation & GBV Capital Among Others

Releap Protocol secures $2.1M funding, empowering creators with decentralized social networking and innovative NFT monetization on the Sui blockchain.

July 25, 2023
Web3 Digital Music Platform Hibiki Run Hits a High Note with Million-Dollar Seed Funding
Web3 Digital Music Platform Hibiki Run Hits a High Note with Million-Dollar Seed Funding

Hibiki Run, a Web3 digital music platform, has successfully secured a million-dollar seed funding round from a diverse group of investors.

July 24, 2023
zkSync’s Decentralized Exchange SyncSwap Partners with Tiny World, Lists Tokens and Enhances Gaming Experience
zkSync’s Decentralized Exchange SyncSwap Partners with Tiny World, Lists Tokens and Enhances Gaming Experience

SyncSwap’s partnership with Tiny World enriches blockchain gaming and DeFi, facilitated by the listing of Tiny World’s tokens for enhanced user opportunities.

July 21, 2023
BakerySwap’s Ambitious Upgrade: NFTs with a Twist of AI and Multi-Chain Compatibility
BakerySwap’s Ambitious Upgrade: NFTs with a Twist of AI and Multi-Chain Compatibility

BakerySwap announces its strategic upgrade, reshaping the landscape of NFTs, Web3, and AI while unlocking new possibilities in the blockchain space.

July 21, 2023
ZTX Metaverse Platform Unveils Its First Partner Wearables In Collaboration With Dust Labs
ZTX Metaverse Platform Unveils Its First Partner Wearables In Collaboration With Dust Labs

Discover how ZTX Metaverse Platform and Dust Labs unite to introduce exclusive wearables for DeGods NFT holders.

July 20, 2023
NFTFeed Collaborates with REI Network to Pave Path for Smooth Cross-Chain Integration
NFTFeed Collaborates with REI Network to Pave Path for Smooth Cross-Chain Integration

NFTFeed is expanding to entertain its users through dynamic networks. It has joined forces with REI to pave paths for cross-chain integration.

By Umair
July 20, 2023
Theta Labs and POG: Reviving 90’s Charm Through Digital Collectibles
Theta Labs and POG: Reviving 90’s Charm Through Digital Collectibles

Theta Labs and POG introduce POGCHAIN on Theta Network, launching digital collectibles aimed at millennials and GenZ, to propel POG into the future.

July 18, 2023
Unlocking New Possibilities: How Eldorado.GG Connects Gamers and Cryptocurrency
Unlocking New Possibilities: How Eldorado.GG Connects Gamers and Cryptocurrency

Discover how Eldorado.GG connects gamers and cryptocurrency via its game-changing marketplace, unlocking new possibilities for buying and selling in-game items.

July 17, 2023
Lens Protocol Unveils Its Version 2 Upgrade, Brings Collective Value Share and ERC-6551 Standard
Lens Protocol Unveils Its Version 2 Upgrade, Brings Collective Value Share and ERC-6551 Standard

Lens Protocol’s Version 2 upgrade introduces Open Actions and supports the ERC-6551 token standard, enhancing user control and security.

July 17, 2023
YouSUI Announces Strategic Partnership with Mirror World to Drive Web3 Gaming In the Sui Ecosystem
YouSUI Announces Strategic Partnership with Mirror World to Drive Web3 Gaming In the Sui Ecosystem

YouSUI and Mirror World unite to transform web3 gaming in the Sui Ecosystem and broaden the development crew’s abilities.

July 12, 2023
AVATA Global Launches One-Click Cross-Chain Service for Ethereum-IRISHUB Interoperability
AVATA Global Launches One-Click Cross-Chain Service for Ethereum-IRISHUB Interoperability

As per AVATA Global, this service intends to open exclusive horizons dealing with disseminated business applications as well as global commerce.

By Umair
July 11, 2023
Web3 Gaming Platform LULU Market Partners with SWAGGA to Blend Gaming with Phygital Metaverse
Web3 Gaming Platform LULU Market Partners with SWAGGA to Blend Gaming with Phygital Metaverse

LULU Market and SWAGGA are partnering to revolutionize the gaming experience, blending Web3 gaming with a phygital metaverse.

July 7, 2023