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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 NBA’s Web 3 Innovation Dilemma
The pro basketball league led the way with NBA Top Shot. But is it ready for the bigger implications of Web 3 for fan engagement and ownership?
Virtual Beers and Digital Orgasms: Welcome to the Age of Metaverse Commerce
Executives from Adidas, Budweiser, Clinique, NARS Cosmetics and other big consumer brands explain why the metaverse is “seismic” for their businesses.
UNXD Raises $4M to Bring Luxury Fashion to the Metaverse
The raise included participation from prominent metaverse investors Animoca Brands and Polygon Studios.
Ukrainian Boxer Wladimir Klitschko Releases NFT Collection to Support Relief Effort
All proceeds will be donated to the Ukraine Red Cross and UNICEF as Russia’s invasion continues.
World of Women Teams Up With The Sandbox for $25M Inclusivity Push
The new WoW Foundation will use the funding to invest in education and mentorship to increase female participation in Web 3 and the metaverse.
A New NFT Grouping Is Born: Minorities Promoting Their Cultures
Jews, turbaned male Sikhs, and hijab-wearing women are the first to explore digital extensions of their identities.
Papa John's Plans NFT Drop Despite Prior Warning From UK Advertising Regulator
The collection of 19,840 NFTs has been minted on Tezos and takes the form of nine different pizza hot bag designs.
DraftKings Becomes Polygon Validator After NFT Marketplace Clocks $44M in Sales
Zero Hash is providing the technical chops for the sports betting platform to become one of Polygon’s largest governors.
‘How Can Information Be Free but Expensive?’: Holly Herndon on Web 3, Art and the Future of IP
Artists Herndon, Mat Dryhurst and Dan Keller discuss where they see Web 3 taking culture, why weirdos thrive in a Web 3 world, and what makes Berlin a nexus for art and technology.
Pantera and Polychain Lead $10M Bet on Metaverse Fashionistas
“Fashion will be just as – if not more – important in the metaverse than in the real world,” Pantera’s Paul Veradittakit said.
