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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.
Visa Takes First Step Into NFTs With CryptoPunk Purchase for Almost $150K
Visa has bought a female CryptoPunk for around $150,000, taking a step into non-fungible tokens (NFTs) as it seeks to learn more about the burgeoning market. “The Hash” panel discusses the payments technology giant ramping up its experimentation around crypto assets. Could it pave the way for the rise of institutional NFTs?
How Do Bear Market Cycles Impact NFTs?
Unique CEO Alexander Mitrovich and IAAI GloCha Executive Director Miroslav Polzer associated with the United Nations have teamed up to create non-fungible tokens (NFTs) to help engage the masses in the fight against climate change. They discuss the potential impact of bear and bull market cycles on the NFT market. Plus, their take on the outlook for a more eco-friendly NFT scene as part of a wider conversation about the crypto industry's environmental concerns.
This United Nations-Associated NFT Project Is Helping Fight Climate Change
Proof-of-stake non-fungible token (NFT) platform Unique Network has been selected by the United Nations’ accredited organization International Association for the Advancement of Innovative Approaches to Global Challenges (IAAI GLOCHA) as the host of the DigitalArt4Climate initiative, which aims to inspire greater environmental awareness via NFTs.
NFT-Focused Topps Abandons Plan to Go Public in SPAC Merger
Legacy trading card company Topps has pulled out of its plan to go public via a merger with a special purpose acquisition company (SPAC) following the loss of its exclusive deal to make baseball cards as non-fungible tokens (NFTs) in partnership with Major League Baseball (MLB) and the MLB Players Association (MLBPA).
NFT Trading Surges 8X as Penguins, Apes Drive New Boom
Trading in non-fungible tokens (NFTs) is soaring to multiples of the levels seen earlier this year. Sales on OpenSea, the largest NFT marketplace, reportedly reached more than 60,000 per day over the past week, nearly eight times the peak in March.
Poly Network Offers Hacker a Job, NFTs Support Afghan Families
Poly Network offers hacker a job. Hong Kong-based BIT Mining sees revenue surge. And an NFT fund offers care packages for displaced Afghan families. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Steve Aoki Secures Funding to Pilot His NFT TV Show ‘Dominion X’
Crypto-forward DJ Steve Aoki is creating a “proper pilot” episode of his experimental non-fungible token (NFT) TV show “Dominion X,” following the project’s near-instant sellout earlier this month. “The Hash” group discusses the latest artist experimenting with crypto to foster fan engagement as the NFT entertainment scene picks up momentum.
Poly Network Mostly Recovers Stolen Assets, Rario Launches Cricket NFT Platform
Poly Network says stolen assets are mostly returned. Samsung reportedly joins South Korea CBDC pilot. Indian-founded Rario launches cricket NFT platform. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
