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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.
What Advisors Should Know About NFT Investing
The potential of NFTs is undeniable, but the risks and rewards can be head-spinning. Here’s what to look out for when considering an investment in the world of NFTs.
NFT Platform TRLab Raises $4.2M to Diversify Its Artwork Collection
The Hong Kong-based platform is co-founded by the non-executive deputy chairman at Christie's, Xin Li-Cohen.
YouTube Loses Pair of Executives to Web 3
The long-time Googlers announced their departures on the same day YouTube’s CEO hinted at NFT plans.
YouTube Considering Offering NFTs to Allow Creators to ‘Capitalize’ on Work
YouTube CEO Susan Wojcicki said she wants content creators to be able to benefit from new technologies.
Beatles Memorabilia From Julian Lennon's Collection to Be Sold as NFTs
The auction will take place on NFT marketplace YellowHeart on Feb. 7.
NFT Marketplace OpenSea Launches New Listing Manager After Discount Bug
Yesterday, three attackers bought $1 million worth of NFTs for a fraction of their market value.
BSN Introduces NFT Infrastructure Platform in China
The platform uses open permissioned chains to comply with Chinese regulations that discourage public blockchains.
