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.

OVO and NFP Join Forces to Unleash the Potential of AI-Generated NFTs
OVO and NFP Join Forces to Unleash the Potential of AI-Generated NFTs

OVO NFT platform announces partnership with NFP, integrating advanced AI technology into NFT creation. Explore the future of AI-generated NFTs on Web3.

July 6, 2023
Golem Network and Reality NFT Partnership Sets New Standard for NFT Innovation
Golem Network and Reality NFT Partnership Sets New Standard for NFT Innovation

In a thrilling announcement, Golem Network and Reality NFT unveil two significant updates, including the Golem Blockchain Gateway and a Blender-based service.

July 5, 2023
Decrease in Stolen NFTs Reported in June 2023, Promptly Sold on Multiple Platforms
Decrease in Stolen NFTs Reported in June 2023, Promptly Sold on Multiple Platforms

In June 2023, $2.27M worth of Non-fungible tokens were stolen, marking a 23% decrease. Half were swiftly sold within 160 minutes.

July 3, 2023
TaskOn and Scroll Join Forces to Boost Web3 Projects Through Enhanced Ethereum Compatibility and Effective Brand Promotion
TaskOn and Scroll Join Forces to Boost Web3 Projects Through Enhanced Ethereum Compatibility and Effective Brand Promotion

TaskOn partners with Scroll to boost Web3 projects, offering enhanced Ethereum compatibility, seamless user experiences, and compelling brand campaigns.

July 3, 2023
Revolutionizing Education with Technology: TinyTap at ISTE 2023
Revolutionizing Education with Technology: TinyTap at ISTE 2023

Witness the education revolution at ISTE 2023, where TinyTap, alongside Google and Microsoft, showcases innovative learning solutions.

June 25, 2023
Atriv Integrates its AI-powered NFT Ecosystem into the Flare Network
Atriv Integrates its AI-powered NFT Ecosystem into the Flare Network

Atriv integrates its AI-powered NFT ecosystem with the Flare network, simplifying digital art creation and trading with enhanced accessibility.

June 22, 2023
AlterVerse Unveils Revolutionary Conversational AI NPCs, Redefining Digital Experiences
AlterVerse Unveils Revolutionary Conversational AI NPCs, Redefining Digital Experiences

Game creation platform AlterVerse introduces revolutionary conversational AI non-playable characters (NPCs), transforming overall digital experiences.

June 22, 2023
Binance NFT Offers Support for Staked Ape NFTs in the Form of Collateral on NFT Mortgage
Binance NFT Offers Support for Staked Ape NFTs in the Form of Collateral on NFT Mortgage

Binance NFT users can now get more flexibility and stake their already present MAYC and BAYC NFTs in the form of collateral for NFT loans.

By Umair
June 22, 2023
NUVO and Orange Protocol Team Up to Transform Web3 User Engagement with Gamification
NUVO and Orange Protocol Team Up to Transform Web3 User Engagement with Gamification

NUVO partners with Orange Protocol to revolutionize Web3 user engagement by offering a highly interactive user experience across both platforms.

June 21, 2023
Web3 Gaming Hub Nakamoto Games Introduces Its Ecosystem, Announces Upcoming GameFi Plans
Web3 Gaming Hub Nakamoto Games Introduces Its Ecosystem, Announces Upcoming GameFi Plans

Popular web3 gaming hub Nakamoto Games introduces its ecosystem and plans to launch the first-ever web3 mobile app in the GameFi sector. 

June 20, 2023
NEAR Protocol Joins Forces with Škoda to Develop Škodaverse India
NEAR Protocol Joins Forces with Škoda to Develop Škodaverse India

Škodaverse is entering the Indian market with partnership with NEAR Protocol. Fans can now trade and purchase with Web3 and NFT technologies.

By Umair
June 20, 2023
YouSUI Announces Exclusive Update for Its IDO Launchpad Schedule
YouSUI Announces Exclusive Update for Its IDO Launchpad Schedule

YouSui provided the reasons why it took the respective decision. It disclosed that market conditions are the chief reasons for the delay in release.

By Umair
June 19, 2023