NFT of an Iconic Meme Dog Photo Sells for $4.3 Million
An NFT of the photo of a dog a pink knit hat that served as the inspiration for the meme coin Dogwifhat has sold for a reported $4.3 million.
95% of NFTs are Worthless: Report
A new report shows that the non-fungible token (NFT) market has essentially collapsed, and nearly all NFTs are practically worthless.
Global Blockchain Copyright Register Copytrack Concensum is Dead
Copyright Concensum, a blockchain-based global copyright registration service that advertised itself almost exclusively to photographers, appears to be completely dead.
AP Cancels NFT Sale Amid Criticisms it Would Be Profiting From Suffering
After significant backlash, the Associated Press pulled plans to offer a video of a boat overcrowded with migrants as an NFT. The situation has called into question the ethics of selling photojournalism at all.
NFT Marketplace Halts Most Trading Due to Widespread Fraud
Cent, the NFT marketplace most well known for selling an NFT of Jack Dorsey's first tweet for $2.9 million, has halted most transactions due to widespread fraud.
Student Becomes a Millionaire After Turning Selfies Into NFTs as a Joke
A 22-year-old Indonesian college student has become a millionaire overnight after turning his collection of daily selfies into non-fungible tokens (NFTs) as a joke.
NFTs: An Introduction and Crash Course for Photographers
Ahh, NFTs… where do we even begin? What on earth is an NFT and why does that guy at the coffee shop with an ape on his sweater keep smugly talking about them? Does photography, a medium that we traditionally have come to understand as largely physical, have a place in this new format?
A Detailed Explainer on NFTs And The Crypto-Art Revolution
In this one-hour-long documentary from Adorama, Sal D'Alia covers the crypto movement with a series of interviews and information breakdowns to help educate viewers on the growing world of crypto-art.
Historic Australian Photo Print Archive to be Auctioned Along with NFTs
Advertised as a world's first, an Australian auction house has announced the sale of "Australia's most significant photographic collection," which will be accompanied by NFTs that will provide proof of ownership alongside the physical negatives.
The Hidden Costs of NFTs: Ecological Impact and Unpredictable Volatility
If you are reading this, chances are you’re aware of NFTs -- non-fungible tokens that are bought, sold, and traded on a digital ledger known as the blockchain. But what are their costs, risks, and side effects?
How to Mint an NFT: The Photographer’s Guide
The NFT craze from earlier this year isn’t going away -- but perhaps has become even more mainstream in the last three months. It’s hard to name a celebrity, artist, or athlete who hasn’t cashed in on the explosive popularity of NFTs.
Hardware Woes Compound as SSDs, HDDs Suffer From Supply Shortage
A new report indicates that both solid-state drives (SSD) and hard drives (HDD) are in short supply. Combined with the global chip shortage, the issue will only add to the woes experienced by consumers and manufacturers alike.
Why NFTs (Probably) Won’t Make You Money in the Long Run
Over the last few weeks, it seems like the world wide web has been swamped with both explainers and critiques of Non-Fungible Tokens, or NFTs. It’s a pyramid scheme! It’s the next thing in Fine Art! It’s an ecological disaster! I am making so much money!
What is an NFT and Why Should Photographers Care?
Seemingly overnight, NFTs became the hottest acronym on social media and in headlines. On Thursday, a single JPG file created by Mike Winkelmann, also known as Beeple, sold in an online auction for $69.3 million. It was the first digital-only art sale for auction house Christie’s, meaning there was no physical copy involved.
Kodak Bitcoin Mining ‘Scam’ Killed by SEC
Back in January, the tech world balked when a Kodak-branded Bitcoin miner called the Kodak KashMiner was unveiled at the CES trade show in Las Vegas. It seems that photography and cryptocurrency enthusiasts weren't the only ones that balked: the US Security and Exchange Commission (SEC) actually blocked the KashMiner from moving forward.
This Crypto-Art Rose Photo Sold for $1,000,000
Kevin Abosch, the photographer who purportedly sold a photo of a potato for over $1,000,000 in 2016, has now become the photographer behind the world's most expensive crypto-artwork by selling a photo of a rose on the blockchain for $1,000,000.
Kodak KashMiner: A Bitcoin Miner That You Rent for $3,400
It turns out the new KodakCoin isn't the only way Kodak is joining the cryptocurrency craze. Kodak has also created the Kodak KashMiner, a bitcoin mining machine that you rent for $3,400 and share the profits on.
Kodak Stock Shoots Up 300%+ Thanks to Cryptomania
Kodak made waves yesterday when it announced that it will be joining the cryptocurrency craze by launching a new cryptocurrency of its own, called KodakCoin. And because it's 2018, Kodak's once-hopeless stock price was up over 300% when the market opened today.
Kodak Joins Cryptocurrency Craze with ‘KODAKCoin’, Stock Surges
We didn't see this one coming: Kodak just joined the cryptocurrency craze by announcing a new "photo-centric" cryptocurrency called "KODAKCoin."
One of Japan’s Largest Camera Stores Now Accepts Bitcoin at All Shops
Bic Camera, one of Japan's largest camera and electronics retailers, will be accepting bitcoin as a payment option in all of its stores across the country.
Should Photographers Accept Bitcoin as Payment?
Enthusiasts of bitcoin, the electronic cryptocurrency, have more ways than ever to spend their digital cash. But should professional photographers try to take advantage of the growing popularity of bitcoin and similar systems by accepting it as payment for their work?
A few photographers say so, but first, what is bitcoin and how does it work?