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NFTs
Non-Fungible Tokens (NFTs) are unique digital assets verified using blockchain technology, primarily on platforms like Ethereum. Unlike cryptocurrencies, NFTs are indivisible and cannot be exchanged on a one-to-one basis, ensuring each NFT is distinct and irreplaceable, much like a physical collectible. They have gained prominence in digital art, music, gaming, and other online communities for enabling proof of ownership and authenticity of digital creations. NFTs can represent anything from artwork and music to videos and tweets.
Crypto Market Rebound; Sotheby’s Next NFT Auction Targets Millennial Spenders
The total global cryptocurrency market cap bounces back and is flirting around $1.8 trillion. Experts tell Forkast.News that bitcoin is acting as a “safe haven” for the market, and ether’s long-term potential may be more attractive for some.
76er Danny Green Auctioning Off an NFT of His 2020 Championship Ring
NBA player Danny Green is getting into the NFT game. Green has partnered with NFT startup New Renaissance to create and auction an augmented reality hologram NFT of his 2020 championship ring. Green joins “First Mover” to discuss the project and his motivations for creating the NFT. “It’s not about the money,” Green said.
Dapper Labs Leads $1.14M Seed Round Investment in ‘Tibles’ NFT Platform
Tibles, an online collectible platform that will focus on pop culture and “geek” culture, is attracting big-name investors, including Dapper Labs. “The Hash” panel discusses Tibles’ structure and how it fits into the ever-changing and expanding world of NFTs.
Beeple Partners With OTOY and RNDR to Shape the Future of Art
Digital artist Mike Wikelmann, also known as Beeple, is partnering with OTOY and RNDR to develop the next generation of NFTs on the RNDR blockchain. Beeple joins “First Mover” along with OTOY and RNDR CEO Jules Urbach to discuss the partnership and its implications for the larger non-fungible token (NFT) market.
Fox Creating New Animated Blockchain Series With ‘Rick and Morty’ Creator Dan Harmon
Fox announced it is partnering with “Rick and Morty” creator Dan Harmon to develop a new animated series called “Krapopolis,” the entertainment giant’s first-ever animated series curated entirely on the blockchain. This coincides with news that Fox will launch “Blockchain Creative Labs,” a new non-fungible token (NFT) company.
Gary Vaynerchuk on NFTs and Meme Investing
YouTube influencer and entrepreneur Gary Vaynerchuk is launching an NFT collection called "Vee Friends." The collection contains over 10,000 tokens featuring characters created by Vaynerchuk. He joins "First Mover" to its launch and the challenges he faced along with it, as well as his thoughts on the overall NFT market and meme-investing.
New Lawsuit Dunks on Dapper Labs’ NBA Top Shot NFTs
The NBA NFTs under scrutiny. A woman is suing Dapper Labs on allegations that the company’s NBA Top Shot “Moments” NFTs are unregistered securities. Is it a money grab or an opportunity to establish rules in the NFT space? “The Hash” panel debates.
‘Fear’ Gets the Best of Bitcoin; Youtube Hit ‘Charlie Bit Me’ is Now an NFT; KAWS Launches New Project That Accepts Cryptocurrencies
Bitcoin is tumbling with market sentiment shifting from FOMO to FUD. Singapore-based crypto exchange Bybit spots a rare negative Bitcoin funding rate amidst falling crypto prices, but NFT adoption is holding strong as the 2007 Youtube hit “Charlie Bit Me” gets tokenized on the blockchain.
Supermodel Emily Ratajkowski Sells First NFT to “Reclaim” Her Image
Actress and model Emily Ratajkowski is auctioning her first NFT at Christie’s, in what she describes as an effort to reclaim control over her image. “The Hash” panel discusses digital ownership and NFTs as a form of empowerment.
Preakness Launches First Horse Racing NFTs
The Preakness horse race is getting into the NFT game. The famous race has partnered with NFT agency Medium Rare to create NFTs of some of the race's most iconic moments, including its historic Woodlawn Vase trophy. Medium Rare's Adam Richman joins "First Mover" to discuss the value of NFTs to horse racing and other industries.