The NFT boom goes far beyond Bored Apes and CryptoPunks. It’s less a matter of invention and more a matter of redistribution, and at no place is that potential more deep than Africa. While headlines scream about multi-million dollar sales and Ethereum's price surges, a quieter, more significant revolution is...
Is Africa really on the brink of an economic renaissance, powered by… NFTs? Yes, you read that right. Put aside the old canards about aid creating dependency. A whole new narrative is being written, one block at a time, on the blockchain. As the world fixates on pixelated apes fetching...
"The headlines are grim."95% of NFTs Worthless!""NFT Market a Graveyard!"You've probably seen them.Or perhaps you’ll find yourself trying to stop them looking at that NFT you purchased a year ago. It’s at this point worth less than the gas fees you laid out to mint it.Well, let me tell you...
The NFT market is experiencing a comeback, with sales increasing by 47% in the last month alone. So far, this boom has been primarily driven by the high-end Ethereum art market, indicative of a changing NFT ecosystem. Li Wei, a blockchain content strategist at ThrowingToken.com, explores the factors driving this...
Could Peter Volnov’s premiere NFT contracts hold the potential to unleash Africa’s much sought after digital renaissance? That’s a desert, we know it’s a bold question, but an important one to ask.When I first heard about Volnov deploying "nfts.(tg)", "ton.nfts.(tg)", and "mt.nfts.(tg)" contracts, my initial thought was, "Okay, another NFT...
Alright, let’s tackle the controversy right away. You're seeing headlines about NFT sales dipping, Ethereum taking a hit, and maybe even whispers of the "death of NFTs." Don’t give up on the whole scene just yet! Well, do I have a tale to apprise you of, that’s unfolding as we...
The headlines scream: "NFT Sales Plummet!" "Market Crash!" So I’m going to let you in on a key pearl. The global sales numbers you may have seen reported online are misleading, especially when it comes to the continent of Africa. They certainly don't reflect the vibrant, burgeoning NFT scene that's...
Remember Thabo, the young Johannesburg artist who poured his heart into creating a series of vibrant digital masks inspired by Zulu traditions? He created them as NFTs, to be able to both introduce the world to his culture and artistry and make a decent living. He embodies the spirit of...
The crypto world is no stranger to drama, but the recent clash between Binance's CZ and the NFT personality known as Dingaling has sent ripples throughout the community. At the heart of his legal woes are major allegations of insider trading and falsified job qualifications. Dingaling has been rather hushed...
Now picture that same marketplace, re-imagined to harness all that creative energy and entrepreneurial potential. That's the African NFT space right now. Artists are minting their culture, entrepreneurs – like the team behind Karat – are launching decentralized marketplaces, and communities are organizing around shared digital identities. This nascent ecosystem,...