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.

Klaytn Governance Council Welcomes NFT Metaverse Platform Another World, Expands Its Gaming Ecosystem
Klaytn Governance Council Welcomes NFT Metaverse Platform Another World, Expands Its Gaming Ecosystem

NFT Metaverse platform Another World joins Klaytn governance council to boost the platform’s gaming ecosystem with lucrative offerings.

May 10, 2023
Gameta Joins Forces with MetaRace to Combine the Real-World and Blockchain Experience for Horse Racing
Gameta Joins Forces with MetaRace to Combine the Real-World and Blockchain Experience for Horse Racing

With this collaboration, Gameta and MetaRace will mutually operate to further enhance the services and products within the Web3 sector.

By Umair
May 5, 2023
NFT Marketplace AlienSwap Secured $12M in Funding to Build the Leading NFT Trading Layer
NFT Marketplace AlienSwap Secured $12M in Funding to Build the Leading NFT Trading Layer

Discover how AlienSwap plans to revolutionize the NFT ecosystem by leveraging its $12 million funding.

May 4, 2023
Unveiling the Potential of Bighbull Crypto: A Look into the Innovative Digital Asset Ecosystem
Unveiling the Potential of Bighbull Crypto: A Look into the Innovative Digital Asset Ecosystem

Explore the future of cryptocurrency with Bighbull Crypto, a cutting-edge digital asset ecosystem offering DeFi solutions, tokenomics, and secure trading.

April 28, 2023
OKX Wallet Pioneers as First Multi-Chain Platform to Facilitate Viewing and Transfer of Bitcoin Ordinals
OKX Wallet Pioneers as First Multi-Chain Platform to Facilitate Viewing and Transfer of Bitcoin Ordinals

In a recent announcement, OKX wallet has become the first multi-chain platform to enable viewing and transfer of Bitcoin Ordinals.

April 27, 2023
Sui Ecological Social Protocol Unveils Its Roadmap and Introduces New Utility Token SUIA on Sui Network
Sui Ecological Social Protocol Unveils Its Roadmap and Introduces New Utility Token SUIA on Sui Network

Recently, social dApp built on the Sui network, Suia announced its roadmap and introduced platform’s utility token $SUIA and future plans. 

April 26, 2023
Colecti Secures 470k Euro Equity Investment from Lisk for NFT Ecosystem Development on the Lisk Blockchain
Colecti Secures 470k Euro Equity Investment from Lisk for NFT Ecosystem Development on the Lisk Blockchain

Colecti secures 470k Euro equity investment from Lisk to build a user-friendly NFT marketplace on the Lisk blockchain, with a thriving ecosystem.

April 24, 2023
EverdreamSoft Launches ChainChronicles NFTs Subscription to Honor Blockchain History
EverdreamSoft Launches ChainChronicles NFTs Subscription to Honor Blockchain History

Web3 game developer EverdreamSoft announces the launch of its one-of-a-kind ChainChronicles NFTs subscription to mark historic blockchain events.

April 18, 2023
Upland Users to Stand Out with Mangueira’s Unique Wearable Legits
Upland Users to Stand Out with Mangueira’s Unique Wearable Legits

Upland now boasts a touch of Brazilian flair as the renowned Brazilian Samba school, Mangueira, has released the first-ever wearable Legits in Upland.

April 13, 2023
Golem Network and Reality NFT Ecosystem Set to Grow with GLM/RLTM Liquidity Pool Launch
Golem Network and Reality NFT Ecosystem Set to Grow with GLM/RLTM Liquidity Pool Launch

Golem Network updates on its significant partnership with Reality NFT ecosystem to explore the viability of utilizing decentralized computing power.

April 13, 2023
Fortune Releases Its Exclusive Ranking ‘The Fortune Crypto 40’
Fortune Releases Its Exclusive Ranking ‘The Fortune Crypto 40’

The Fortune Crypto 40 is considered to be the consequence of a series of realistic metrics, along with surveys conducted by Researchscape.

By Umair
April 10, 2023
Solana Introduces State Compression to Accelerate NFT Storage, Brings Down Minting Cost Further
Solana Introduces State Compression to Accelerate NFT Storage, Brings Down Minting Cost Further

Solana has recently introduced State Compression to boost on-chain NFT storage while reducing the minting cost. 

April 6, 2023