According to an analysis by PeckShield, a blockchain security company, $1.73 million worth of non-fungible tokens was stolen by hackers in July 2023 which was 31% lower than in June. The largest theft of NFTs was in February this year which was around $16.2 million worth. Then it was decreased to $10.9 million in March. It is noteworthy that 50% of the stolen NFTs were sold on OpenSea in January and February, while 80% of them were sold on Blur in June. Further, PeckShield claims that stolen tokens have been sold on various marketplaces within 165 minutes after the theft. Such abuses have reduced the interest of collectors in NFTs and reduced the value of collections including Justin Bieber’s Bored Ape Yacht Club.
BlackBlocs is a blockchain-focused digital art curator and marketplace dedicated to amplifying NFT creators and educating the broader community about Web3 technologies. At its core, BlackBlocs seeks to showcase high-quality works by emerging and established NFT artists, positioning itself as both a collector (“curator”) and a facilitator for artists to reach new audiences.
Mission & Philosophy
* NFT Curation: By labeling projects “curated by Black Blocs” on leading NFT platforms such as Foundation and Spatial, BlackBlocs highlights select digital artworks, affirming its role as a trusted tastemaker.
* Web3 Education: Adopting the tagline “All about Blockchain, Cryptocurrency, NFT, and Metaverse,” the organization publishes articles, analyses, and social-media posts that explain blockchain fundamentals, crypto trends, and metaverse developments.
* Community & Impact: Beyond art promotion, BlackBlocs occasionally organizes or endorses charitable Web3 initiatives—for example, NFT-based fundraising for orphan relief in Uganda—underscoring a commitment to social good through digital innovation.
Products & Services
1. NFT Marketplace: Hosted on blackblocs.io, the platform offers curated categories such as Digital Art, Photography, PFPs (Profile Pictures), MicroArt, and Books. Here, artists and BlackBlocs alike mint and sell NFTs, creating a streamlined gallery experience.
2. Content & News Portal: A regularly updated blog and “News” section deliver insights on market movements, emerging artists, and major NFT drops, serving both collectors and curious newcomers.
3. Curation & Exhibition: Through partnerships with virtual-reality spaces and NFT platforms, BlackBlocs arranges digital exhibitions, giving artists a chance to present immersive collections to global audiences.
4. Advisory & Networking: While not explicitly advertised, BlackBlocs’s position in the NFT ecosystem suggests an informal advisory role—helping artists navigate minting, smart-contract standards, and promotional strategies.
In roughly three years since its founding, BlackBlocs has carved out a niche at the intersection of art and blockchain, balancing commercial marketplace functions with educational outreach and occasional philanthropic ventures—all aimed at elevating the profile of NFT art and fostering a vibrant, informed community.
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