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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.
ApeCoin DAO Votes In Two New Special Council Seats, Replacing Alexis Ohanian and Yat Siu
The two new members will help the Special Council "administer DAO proposals and serve the vision of the community,"
Sotheby's to Launch On-Chain Generative Art Program Powered by Art Blocks Engine
The first sale on July 26 will honor generative art pioneer Vera Molnar, who is considered to be the first female digital artist.
Warner Music Group Partners With Polygon on Blockchain Music Accelerator
The chosen projects will receive funding from both WMG and Polygon Labs and will also be eligible for mentorship and networking opportunities.
Web3 Infrastructure Firm Crossmint Launches Wallet-as-a-Service to Expand NFT Use Cases
The new API will allow users to create smart contracts and send NFTs via email, with the infrastructure to generate wallets for NFT collectors.
Web3 Fashion Platform SYKY Launches Incubator for Emerging Digital Designers
The Seven Seven Six-backed SYKY platform will work with a group of 10 digital designers to grow their skills in the year-long incubator program.
Avalanche-Backed Web3 Gaming Studio Pixion Games Closes $5.5M Seed Round
The funds will go towards building out Fableborne, the studio’s flagship Web3 game.
Soccer Franchise FC Barcelona Scores World of Women for Upcoming NFT Release
Empowerment, the second NFT in the football club’s ten-piece Masterpiece collection, is a one-of-one created in collaboration with World of Women that pays tribute to Spanish player Alexia Putellas.
How Gaming, Loyalty and Entertainment Are Adapting to the Rise of NFTs and Web3
The gaming, entertainment and loyalty industries are poised for big changes, thanks to Web3 tech such as NFTs and DAOs. We talk to the experts on how. Plus, Nike and Puma announced new digital partnerships that show Web3 is still kicking.
Home Improvement Giant Lowe's Is Selling an Mfers Meme NFT Garden Flag
An NFT project that has grown its community and reached meme status has made its way onto a major retailer's website.
