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.

TaskOn Launches TaskOn Loyalty NFT
TaskOn Launches TaskOn Loyalty NFT

The Web3 task partnership forum TaskOn has announced the launch of its latest NFT project. The name of the latest project is TaskOn Loyalty NFT.

By Umair
June 16, 2023
REI Network Collaborates with FoxGPT to Seamlessly Integrate AI and Web3 Technology
REI Network Collaborates with FoxGPT to Seamlessly Integrate AI and Web3 Technology

FoxGPT and REI Network partner to fuse AI and blockchain, transforming NFTs, DeFi, GameFi, and DApps landscapes.

June 15, 2023
Polygon Partners with Hang and Flipkart for Its Brand-First Loyalty Project
Polygon Partners with Hang and Flipkart for Its Brand-First Loyalty Project

Polygon Labs has started a collaboration with Hang and Flipkart. The purpose would be to onboard new consumers to the Web3 ecosystem.

By Umair
June 14, 2023
Digital Art Platform Art de Finance Announces Partnership with Fingerlabs Web3 NFT Infrastructure
Digital Art Platform Art de Finance Announces Partnership with Fingerlabs Web3 NFT Infrastructure

Art de Finance and Fingerlabs unite, driving innovation in the digital art space through Web 3.0 and NFT technology, offering digital art access to users.

June 13, 2023
Unveiling the Future of Sports Collectibles: NFL All Day NFTs
Unveiling the Future of Sports Collectibles: NFL All Day NFTs

Discover the revolution of sports collectibles with NFL All Day NFTs. Own a piece of NFL history, any day, every day with NFL All Day.

June 9, 2023
NFT Platform Enjin Introduces Enjin Blockchain, Unifies Polkadot Parachain Efinity and Enjin
NFT Platform Enjin Introduces Enjin Blockchain, Unifies Polkadot Parachain Efinity and Enjin

Discover Enjin Blockchain for NFTs and digital assets, pioneering the successful fork of Polkadot’s Efinity parachain to its new mainnet.

June 8, 2023
Binance NFT Marketplace Announces Support for Bitcoin NFTs, Streamlining Transactions Straight from Wallet
Binance NFT Marketplace Announces Support for Bitcoin NFTs, Streamlining Transactions Straight from Wallet

Binance NFT Marketplace now supports Bitcoin NFTs, enabling direct transactions from users’ Binance accounts, simplifying trading and expanding possibilities.

June 6, 2023
Whales Stand with Binance as Deposit Surges Amid SEC Lawsuit
Whales Stand with Binance as Deposit Surges Amid SEC Lawsuit

Amid the SEC lawsuit-induced outflow from Binance, whale investors and crypto firms have deposited funds, showing support and aiding stability. 

June 6, 2023
LUXON Teams Up with Chainlink to Revolutionize NFT Minting in DESPERADO B218
LUXON Teams Up with Chainlink to Revolutionize NFT Minting in DESPERADO B218

The world of decentralized gaming is about to witness a transformation as LUXON, the innovative Web3 gaming platform, collaborates with Chainlink.

June 5, 2023
Gunther’s Rich Dog Collection Adopts Chainlink VRF for Transparent and Fair NFT Rarity Selection
Gunther’s Rich Dog Collection Adopts Chainlink VRF for Transparent and Fair NFT Rarity Selection

Gunther’s Rich Dog Collection is the official NFT collection for Gunther, the richest dog in the world and star of the Netflix series Gunther’s Millions.

June 2, 2023
PancakeSwap Announces the Official Launch of Pancake Protectors NFT Collection
PancakeSwap Announces the Official Launch of Pancake Protectors NFT Collection

PancakeSwap is announcing release of the official Pancake Protectors NFT collection on its NFT Marketplace for fans of digital art and gaming.

By Umair
June 2, 2023
Alchemy Pay Starts a Partnership with Mastercard for NFT Checkout Globally
Alchemy Pay Starts a Partnership with Mastercard for NFT Checkout Globally

This project enables users to use Mastercard for direct purchases of digital artworks through Alchemy Pay NFT Checkout.

By Umair
June 2, 2023