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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.
It’s Complicated: The Relationship Between Crypto and NFTs
Is there any correlation between the NFT and crypto markets? Bybit’s lead tech writer looks at some of the theories.
NFT Platform Immutable Raises $200M at $2.5B Valuation
Singapore state investment giant Temasek led the round of funding, which will be used for global expansion.
Mickey Mantle Baseball Card NFT Sells for $471K in OpenSea Auction
The NFT iteration of the coveted 1952 baseball card racked up a bidding war in the sale’s final hour, making it one of the priciest sports NFTs ever sold.
Pplpleasr Will Not Always Please You: The Rise of NFT Artist Emily Yang
It was initially an accident for this artist to get into NFTs, but she’s now realizing a lifelong dream to create for herself.
Pantera Capital Leads $10M Investment in NFT Infrastructure Startup Rarify
Rarify helps companies natively integrate non-fungible tokens into their platforms.
Why NFT Profile Pics Matter to Investors – and Regulators
NFT profile pictures, or PFPs, on social media signal ownership, membership status and belonging – but when profit enters the equation, lawyers and regulators have questions.
Stolen ‘Smol Brains’ NFTs Returned to Users Hours After Treasure Exploit
Prices of Treasure’s native MAGIC token recovered after falling some 40% in early Asian hours following positive developments.
Snoop Dogg's NFT Mixtape Invites Remixes. Does It Authorize Them?
Also, the songs themselves are about NFTs.
Ukrainian Flag NFT Raises $6.75M for Country’s War Efforts
The UkraineDAO-organized sale is the largest NFT-based crypto contribution to the Ukrainian people to date.
