U.S.-based art collective Kanbas made the largest non-fungible token (NFT) purchase in three years last week, scooping up a 1-of-1 artwork by Sam ...

According to the report released by the consulting and global research firm VMR (Verified Market Research), the overall value of the NFT market is expected to rise to $231 billion by 2030.

Unlike cryptocurrencies, each NFT has a distinct value and cannot be exchanged on a one-to-one basis. They provide verifiable proof of ownership for digital assets. NFTs have transformed how ...