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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.
NBA Top Shot Bans User ‘FreeHongKong’
The user was banned with little explanation from the site’s support team after attempting to cash out their earnings.
Fashion Giant Gap Launches Gamified NFTs on Tezos
Gap’s NFT collection is designed by Brandon Sines, the artist behind Frank Ape, and will be built on the Tezos blockchain.
‘Fan Controlled Football League’ Goes Crypto With $40M Investment From Animoca, Delphi
The league is doubling in size for its second season with the leaders of Bored Ape Yacht Club managing a new team.
One Day After Launch, OpenSea Competitor LooksRare Sells Over $100M in NFTs
Is the long-awaited decentralized OpenSea finally here or is LooksRare propped up by wash trading?
Metaverse Scarcity Isn’t Real
Because scarcity in the metaverse is arbitrary and artificial, the values created with virtual real estate and NFTs are not the same as in the physical world, argues EY’s Paul Brody.
GameFi NFT Marketplace Lootex Closes $9M Funding Round
The Taiwan-based asset marketplace features over 12,000 NFTs across 500 collections.
Unstoppable Domains Launches NFT-Based Sign-On for Ethereum and Polygon
So-called “utility NFTs” can also be used to mark positions in DeFi or prove membership in communities, said Unstoppable chief Matthew Gould.
Associated Press Launching NFT Marketplace for Its Photographs
The marketplace will be built by blockchain technology firm Xooa, with NFTs to be minted on the Polygon blockchain.
Dez Bryant Taps Chainlink for ‘Dynamic’ Sports NFTs
The collectibles change in appearance based on players’ real-life stats.
