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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.
The First NFT Monopoly
With Bored Apes and CryptoPunks under the same corporate roof, the NFT market barrels toward further centralization.
Solana-Based NFT Marketplace Magic Eden Raises $27M Series A
The round was led by Paradigm and included contributions from Sequoia and Solana Ventures.
This Mila Kunis-Backed TV Show Lets NFT Holders Choose the Plot
The animated series is Kunis’ latest project at the intersection of Hollywood and blockchain.
Digital Assets Can Boost Revenue for Sports Teams, PwC Says
Token sales and metaverse events have the potential to become major revenue streams for teams and leagues.
BAYC Backer Yuga Labs Buys CryptoPunks and Meebits
Yuga Labs, the company behind the Bored Ape Yacht Club, has acquired the CryptoPunks and Meebits NFT collections.
After ‘Doxxing’ Fracas, Bored Apes Team Starts Asking for Customer ID
About a month after Buzzfeed News revealed the identities of its founders, Yuga Labs has started requesting customers’ personal information for an unspecified new project.
Profile Pic NFTs Are Suffocating Crypto Art
Bored Apes and other "PFPs" have turned digital fine arts into a zoo.
Popular Denim Brand Diesel to Drop First NFTs on Rarible
The Italian company known for its jeans is the latest fashion brand to debut its own collection of NFTs.
First DOGE, Now ‘Meataverse’: Slim Jim Trademark Filings Reveal Metaverse Plans
The beloved meat stick brand is taking its “Long Boi Gang” deeper into Web 3.
