A fractional NFT (non-fungible token) is a single NFT that’s been divided into smaller pieces, allowing multiple investors to gain partial ownership of it. NFT fractionalization has made it easier for crypto art enthusiasts and investors to get hold of some of the world’s most expensive NFTs, like the iconic CryptoPunks NFTs. In this article, […]
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the idea that NFTs are universally expensive. However, much like traditional art, NFT art prices can range from a few dollars to millions. In fact the average price of an NFT in 2022 was only around $150. That said there have been some noteworthy sales, with the most expensive NFT artwork selling for an astounding […]
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Masterworks chronicled the unknown life of enigmatic Dutch painter Vincent van Gogh, one of the most influential artists of all time.
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What is Accrued Interest? Accrued interest is the amount of interest accumulated on a loan or debt security but not yet paid. The amount of interest is calculated based on the interest rate, the principal amount of debt, and the time between interest payments. This concept is important in finance, as it affects the value […]
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Amid the hype around NFTs (non fungible tokens), generative art NFTs have emerged as a popular sub-sector within the crypto art space. Created via generative art platforms like Art Blocks, these digital artworks made NFT news when they sold for millions of dollars. In this article, we’ll cover the basics of generative art NFTs, iconic […]
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In March 2021, Christie’s sold Beeple’s digital artwork named Everydays: The First 5,000 Days for a whopping $69 million. The sale marked two industry firsts — a major auction house sold a digital work of art and accepted cryptocurrency alongside traditional payments. Since this watershed moment, many traditional auction houses have followed suit, and some […]
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Discover the most expensive NFT art pieces to date and learn why they’re so expensive, and where to buy them. Also, find out a great way to invest in shares of art.
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Non-fungible tokens (NFTs) have been all the craze in recent years, especially on social media and among celebrities. But recently, NFTs have made their way into the fine art world, attracting the attention of galleries and artists already established in the traditional art market. Christie’s hosted the first NFT auction in 2021, leading to the […]
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Consumer confidence in non-fungible tokens (NFTs) as investment products has been waning recently. The number of NFT market participants has steadily declined since February 2022. Across all decentralized finance categories, NFTs have seen the largest average weekly drop in transaction volumes following the cryptocurrency collapse from May 2022 to July 2022. The NFT market was […]
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Finance is full of acronyms, such as ROI (return on investment) or EPS (earnings per share). These are statistics used to measure specific performance, such as how much a company profited on a certain investment or how well the firm did in a specific quarter. One less common acronym is IRR, or Internal Rate of […]
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NFT utility goes beyond digital art. NFTs are used to authenticate and track ownership across industries including fashion, gaming, and more.
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