Tag: African NFT artists

How Africa Can Leverage the NFT Sales Surge for Economic Growth

NFT sales surge hits 90.74% in a single week, generating $179.48 million globally. Ethereum NFTs led with $67.72 million in sales, followed by...

Solana, Avalanche, and NEAR Protocol: Altcoins Driving Africa’s Blockchain Revolution

Bitcoin prices have heavily influenced altcoin performance, boosting investor confidence. Ethereum, Bitcoin, and Solana drove a 126.79% increase in NFT sales, totaling...

Web3Africa.News Uniting Africa’s Web3 Community for Innovation and Progress

Web3Africa addresses the Web3 information gap, eventually emerging as the go-to source for all things Web3-related in Africa, garnering global attention. Aly Ramji...

AI NFTs: The downfall of NFT artists

AI NFT, titled Théâtre D'opéra Spatial, won first place at the 2022 Colorado State Fair Fine Art Show. AI applications have recently flooded...

Fan tokens foster symbiotic relationship between celebrities and their supporters

Fan tokens have been gaining fame amongst users in the Web3 world over the past year These tokens are quite different from the...

A comprehensive guide to understand, calculate rarity in the NFT market

NFT rarity measures a nonfungible token's uniqueness and scarcity using variables like demand and identifying characteristics. The article also discusses the NFT rarity...

Africans making significant money moves in the NFT Marketplace

Niyi Okeowo Mohammed sold his art Indig Child, for 1.2 ETH($4,140) on the popular NFT marketplace SuperRare In 2014, Kevin McCoy, and Anil...

Nigerian artists conquer the NFT marketplace in Africa

Prince Jacon Osinachi is the first artist who popularized NFT in Nigeria Anthony Azekwoh and Prince Jacon Osinachi scored high within the marketplace:...

Web3 2022 review; How NFT, Crypto and the Metaverse intertwine

Cryptocurrency is by far the highlight of Web3 in 2022 Metaverse provides a virtual environment akin to the real world, while cryptocurrency...

The NFT marketplace: 2022 recap

The Web3 element made at least $8 billion in individual trades. More investors had emerged, each set out to acquire uniqueness and creativity ...

How the African NFT market is surviving the crypto crash

In 2022, multiple companies are dedicating their resources to ensuring that African NFTs acquire global recognition NFT has had a positive impact, which...

NFT Security vulnerabilities plaguing the NFT Marketplace

The creation of digital NFTs has led to the evolution of blockchain security and technology. Because only one individual can claim digital assets...

NFT Scams: Here are crucial elements to look out for as an NFT artists and collector

NFT scams are becoming more prevalent in 2023 and 2024, targeting investors through phishing and rug pulls. Scammers often impersonate trusted platforms and...

African Metaverse: What it is and how Africa can benefit from it

The African Metaverse will also provide a platform for industries to showcase and advertise Africare, the first African Metaverse, opened its doors to...

NFT Artists in Africa

Osinachi's NFTs are a commentary on the prioritization of work over the wellbeing Osinachi was born in Aba, Nigeria. She studied library and information science,...