- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
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.
Animoca Brands Acquires Australian Game Developer Grease Monkey
Grease Monkey Games will continue to operate under its present management but will align its blockchain-related efforts with those of Animoca.
Snoop Dogg Plans to Turn Death Row Records Into the First NFT Music Label
The Los Angeles-based rapper says he wants the record label to be “the first major [record label] in the metaverse.”
What Is the Metaverse? An Animated Explanation
CoinDesk’s Christine Lee explains what the metaverse concept entails, going back to its roots in the 1992 sci-fi novel "Snow Crash" and what it means in the current tech and gaming ecosystems. Watch Christine’s animated avatar speak on Facebook's metaverse venture, potential sources of revenue for creators in virtual spaces and the role of NFTs.
L’Oréal Eyes NFTs and the Metaverse, Filing for 17 Virtual Goods-Related Trademarks
The cosmetics giant has filed trademarks for a slew of its properties, indicating plans to venture into virtual cosmetics.
Bitcoin Rally Past $44K Stalls on Low Volume
Bitcoin rallied above $44,000 on low volume before retreating as Russia said it was receptive to a diplomatic solution to tensions on the Ukraine border. OKX Director of Financial Markets Lennix Lai shares insights into crypto trading patterns in China and wider Asia despite thin volumes, the correlation between the markets and Russia-Ukraine tensions and views on NFTs.
NYSE Files Trademark Application for Its Own NFT Marketplace
The move comes after the NYSE minted six NFTs last year commemorating the debut of hot tech stocks on the exchange.
What Are IPFS and Filecoin and How Can They Be Used for NFTs?
Decentralized systems cannot promise data "permanence," but are part of a maximalist approach to storage.
HK Watchdog’s NFT Warning; DBS Plans Crypto Expansion
Hong Kong watchdog calls NFTs and the metaverse a “must watch” threat. Singaporean banking giant to open retail digital asset trading desk. Bitcoin decoupling from tech stocks. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
