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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 Game On for Web3: How Gaming Will Onboard a Billion People
As we look to onboard new users into Web3, experts argue that gaming is the ideal vehicle for adoption “because there are so many gamers in the world who are already used to trading digital items and buying digital things.”
Engaging the Masses: How Entertainment is Taking Web3 Mainstream
From creating rich NFT ecosystems to integrating crypto payments into existing models, entertainment giants, talent agencies and creative networks continue to find new ways to organically weave in Web3.
Shiba Inu Introduces ‘Shibacals’ to Link NFTs to Real-World Items; SHIB Jumps
Developers shared plans for an NFC-linked authentication service in a Thursday update.
Puma, Gutter Cat Gang and LaMelo Ball Team Up to Release NFT Sneakers
The “GutterMelo MB.03” NFT sneakers are paired with a physical real-life sneaker counterpart and will be available to mint on OpenSea on June 29.
NFT Creation Platform Zora Launches Creator-Focused Layer 2
Zora Network aims to make minting on its platform "faster, cheaper and more enjoyable," according to a press release.
First Animated Film Funded by a DAO Brings Nouns NFT Collection to Life
Led by former animators for Pixar, Netflix and Marvel, “The Rise of Blus: A Nouns Movie” has a budget of $2.75 million and is said to be the first animated film funded by a DAO.
Nike Brings .SWOOSH to Fortnite's 240M Users With 'Airphoria' Virtual Experience
All Fortnite players who visit the virtual Air-Max-themed island for 10 minutes or more will receive the Air Max 1 '86 Back Bling digital sneaker.
The $11M NFT Auction and Snoop Dogg’s Evolving Collection
Rapper Snoop Dogg's new NFTs will change as he tours this summer, while Sotheby’s concluded a successful second 3AC NFT auction.
Sotheby's Second 3AC NFT Sale Nets $10.9M, With 'The Goose' Alone Netting $6.2M
Ringers #879, a seminal NFT artwork often referred to as "The Goose," far outpaced estimates and sold for $6.2 million.
Dmitri Cherniak's 'The Goose' NFT Sells at Sotheby's Auction for $6.2M
Sotheby's reported it was the second-highest sale of all time for a work of generative art.
