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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.
Jefferies Sees the NFT Market Reaching More Than $80B in Value by 2025
The bank raised its market-cap forecast to over $35 billion for 2022 and expects double-digit percentage growth for the next five years.
JPMorgan: Ethereum Losing NFT Market Share to Solana
Ethereum's dominance in non-fungible tokens (NFTs) is shrinking because of congestion and high gas fees, JPMorgan said in an analyst report. "The Hash" team discusses their assessment of the findings and why Ethereum might still be the superior blockchain.
Prada, Adidas Launch NFT Project on Polygon
The latest high-fashion foray into Web 3 includes a metaverse angle as well.
IPFS, Filecoin and the Long-Term Risks of Storing NFTs
Decentralized storage solutions are not bulletproof.
UFC Joins NBA, NFL in Dapper Labs’ Sports NFT Suite
The marketplace will feature NFTs of iconic moments in the fighting league’s history.
The Balance Between Art and IP Theft in NFT Culture
From "Squid Game" to Olive Garden, the NFT boom is an orgy of intellectual property infractions.
MLB NFTs on Candy Digital Clock $2.7M in Marketplace Debut
The trading volume rivals that of Dapper Labs' NBA Top Shot.
Tom Brady’s NFT Platform Autograph Raises $170M
The funding round was led by Andreessen Horowitz (a16z) and Kleiner Perkins and included the new fund of a16z alum Katie Haun.
JPMorgan Says Ethereum Is Losing NFT Market Share to Solana
The bank cites Ethereum's high transaction fees and congestion.
