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The top NFT marketplace plants a flag in the ground for creator royalties—but only after taking flak for considering otherwise.
(Reuters) -The U.S. Securities and Exchange Commission has threatened to sue non-fungible tokens marketplace OpenSea, the company's CEO said in a post on social media platform X on Wednesday.
OpenSea is an American non-fungible token (NFT) marketplace headquartered in Miami. The company was founded by Devin Finzer and Alex Atallah in 2017. [1] [2] OpenSea offers a marketplace online allowing for non-fungible tokens to be sold directly at a fixed price, or through an auction.
In January 2022, Forbes estimated the stakes in OpenSea owned by Finzer and his co-founder Alex Atallah to be worth $2.2 billion each, making them the first two non-fungible token billionaires. [2] In April 2023, the net worths of both founders were estimated to have fallen to less than $600 million each following a steep decline in OpenSea's ...
Adjusted price (millions of US$) Actual price paid (millions of US$) Asset Year of creation Date of sale Seller Buyer Blockchain Notes $81.6 $69.3 Everydays: the First 5000 Days: 2021 March 11, 2021: Beeple [8] "Metakovan" (Vignesh Sundaresan) [9] Ethereum First purely NFT artwork to be offered by a major auction house, Christie's. [10] $59.3 ...
An NFT stock is a security that gives you ownership of a tiny piece of a company that is involved in NFTs. The company might operate an NFT exchange, for example, or build the hardware or software ...
ERC-721 implementation requires "name" and "symbol" identifiers, and the token is assigned a contract address upon deployment to the blockchain. [ 23 ] [ 24 ] Also, a mechanism to implement a URI (Uniform Resource Identifier) to the contract, is defined in the standard, providing functionality to assign each NFT unique metadata .
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