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.

CrossSpace Joins Baidu Xirang to Develop a Welcoming Web3 Ecosystem
CrossSpace Joins Baidu Xirang to Develop a Welcoming Web3 Ecosystem

Through this collaboration, CrossSpace & Baidu Xirang will develop alternatives for customers in a more open and diversified Web3 environment.

By Umair
January 11, 2023
NFT Project Moonbirds Partners with Hollywood Talent Agents UTA for Global Recognition
NFT Project Moonbirds Partners with Hollywood Talent Agents UTA for Global Recognition

PROOF has reached a representation agreement with one of the main talent agencies in Hollywood, the United Talent Agency (UTA).

January 7, 2023
SoulBound Token (SBT) Explained for Dummies
SoulBound Token (SBT) Explained for Dummies

What are Soulbound tokens (SBTs) and how do they work? This article explains everything you need to know about Soulbound tokens along with their use cases.

January 7, 2023
Crypto Wallet Nufinetes Adds Unique Interactive Options and Blockchain Support
Crypto Wallet Nufinetes Adds Unique Interactive Options and Blockchain Support

The update of Nufinetes permits consumers using desktop computers, Andriod, or iOS devices to get involved with NFTs straight from the app.

By Umair
January 6, 2023
Digital Collectibles NFT Company Candy Digital Disclosed Series A1 Fundraise
Digital Collectibles NFT Company Candy Digital Disclosed Series A1 Fundraise

Candy Digital announced its series A1 fundraising round led by Galaxy and ConsenSys Mesh, with contribution from 10T Holdings and ConsenSys.

January 5, 2023
3 Undervalued Product Trends of 2022 and 2023
3 Undervalued Product Trends of 2022 and 2023

2022 has been notorious for 3 undervalued product trends including NFT Marketplaces, Cross-Chain Bridges, and Investment DAOs.

By Umair
January 2, 2023
PlayOne Games and Avocado DAO Collaborate to Expand the Blockchain Gaming Industry
PlayOne Games and Avocado DAO Collaborate to Expand the Blockchain Gaming Industry

With PlayOne Games, the first blockchain gaming protocol in the Klaytn Ecosystem, Avocado DAO is thrilled to collaborate.

December 27, 2022
The Smurfs Partner with ZenGo to Enter the Web3 Realm
The Smurfs Partner with ZenGo to Enter the Web3 Realm

The Smurfs, one of the world’s most well-known and widely recognized brands, will be joining Web3, and they have decided to use ZenGo as their preferred wallet.

December 22, 2022
Tezos Powered Manchester United Digital Collectibles Gaining Traction Among Football Fans
Tezos Powered Manchester United Digital Collectibles Gaining Traction Among Football Fans

Manchester United released their first-ever official non-fungible token (NFT) collection in collaboration with the blockchain platform Tezos.

December 20, 2022
Polygon-Powered OnePlanet NFT Marketplace Collaborates with Sandbox Network’s MTDZ
Polygon-Powered OnePlanet NFT Marketplace Collaborates with Sandbox Network’s MTDZ

OnePlanet will be able to assist MTDZ in expanding to the Polygon ecosystem and reaching a greater number of users all around the world.

December 20, 2022
Yuga Introduces a Public Bug Bounty Program
Yuga Introduces a Public Bug Bounty Program

If you submit credible vulnerability reports, you may earn up to $50,000 through the new Yuga bug bounty program for public.

By Umair
December 15, 2022
Affyn Reveals Singapore as the Inaugural NEXUS World Metaverse City
Affyn Reveals Singapore as the Inaugural NEXUS World Metaverse City

Affyn is making progress on its NEXUS World Metaverse by announcing Singapore as the first Metaverse city in Affyn’s NEXUS World.

December 13, 2022