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.

Metaverse Studio Decentral Games Implements ‘ICE Merge’
Metaverse Studio Decentral Games Implements ‘ICE Merge’

Decentral Games, the Play-and-Own Metaverse studio, has launched a plan that will result in a reduction of ICE token emissions of 55%.

September 29, 2022
Leading NFT Marketplace OpenSea Rewards Two White Hat Hackers With $200K
Leading NFT Marketplace OpenSea Rewards Two White Hat Hackers With $200K

Leading NFT marketplace rewarded $200K to two ethical hackers for discovering loopholes in the system from a bounty program with HackerOne. 

September 28, 2022
Magic Square Receives Gate.io Labs’ Strategic Investment to Create 1st Crypto App Store
Magic Square Receives Gate.io Labs’ Strategic Investment to Create 1st Crypto App Store

Magic Square is enthusiastic to onboard Gate.io Labs as its strategic investor. Gate.io Labs operates as Gate.io’s strategic investment branch.

By Umair
September 26, 2022
Has the Trading Volume Slumped by 99 Percent on the OpenSea Trading Platform?
Has the Trading Volume Slumped by 99 Percent on the OpenSea Trading Platform?

According to their own statements, the operator of OpenSea is still optimistic and puts the statements of the supposed experts into perspective.

September 23, 2022
Midgard Saga, a 3D Strategy GameFi Project, Launches on Yeeha Games
Midgard Saga, a 3D Strategy GameFi Project, Launches on Yeeha Games

On September 8th, Bybit’s gaming platform, Yeeha Games, launched its first game. A 3D strategy mobile game, Midgard Saga.

September 22, 2022
Azuki Creator Chiru Labs Plans To Raise $30 Million In Series A Funding Rounds
Azuki Creator Chiru Labs Plans To Raise $30 Million In Series A Funding Rounds

The LA-based company Chiru Labs, which is behind the creation of the highly anticipated Azuki NFT collection, intends to raise at least $30 million.

September 22, 2022
The Metaverse Called NFT Day Formally Launches on The Sandbox
The Metaverse Called NFT Day Formally Launches on The Sandbox

The Metaverse named NFT Day has been developed through a collaboration between LuluLand, The Sandbox, as well as Dapper Labs.

By Umair
September 20, 2022
MetaDAO, the Earliest Decentralized Social Platform Is Now Live on the DApp Platform APLink
MetaDAO, the Earliest Decentralized Social Platform Is Now Live on the DApp Platform APLink

Being the initial DAO social venue operating on Web 3.0 technology, MetaDAO plays a significant role in the ecosystem of the Armonia Meta chain.

By Umair
September 19, 2022
Walken Aims to Expand the Ecosystem with New Roadmap & Stunning In-Game Economics
Walken Aims to Expand the Ecosystem with New Roadmap & Stunning In-Game Economics

The goal that Walken has of integrating a healthy lifestyle with gaming and cryptocurrency is becoming one step closer to becoming a reality.

September 12, 2022
NFT Marketplace OnePlanet Abandons Terra’s Orbit For Polygon After The Terra Collapse
NFT Marketplace OnePlanet Abandons Terra’s Orbit For Polygon After The Terra Collapse

After the failure of Do Kwon’s blockchain in May, the Terra-based NFT marketplace OnePlanet has bailed out and boarded a life raft provided by Polygon.

September 7, 2022
Solv Protocol’s Proposed ERC-3525 Denoting Semi-Fungible Tokens Gets Approved Today
Solv Protocol’s Proposed ERC-3525 Denoting Semi-Fungible Tokens Gets Approved Today

ERC-3525 of Solv Protocol has been approved today to provide more options post-Merge including easy to split and calculate.

By Umair
September 6, 2022
Famous Blockchain Game Called StepN Declares to Open 1st Zonal Center External to Australia
Famous Blockchain Game Called StepN Declares to Open 1st Zonal Center External to Australia

The relocation of the staff will not be mandated by STEPN, and the initial move may take into account a core group of above 10 persons, according to Huang.

By Umair
September 5, 2022