nonfungible tokens – Blockchain

Pudgy Penguins sold 1 million plushies in 12 months, says CEO

Physical versions of the popular Pudgy Penguin NFT collections are selling like hotcakes.

The market for nonfungible tokens (NFTs) might be struggling during this “NFT Winter,” but there are signs of life if you know where to look.

The number of Bitcoin Ordinal inscriptions on the blockchain is nearing 19 million, a trend that has continued for the past 218 days since December

The advent of Bitcoin Ordinals inscriptions led to more than $210 million in trading volume in the first half of 2023.

The short-lived NFT features were first launched in May, but Meta’s financial technology lead said it is “winding down” the tools to focus elsewhere.

The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the