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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.
Pudgy Penguins NFT Project Ousts Founders as Mood Turns Icy
NFT influencers clash over the fate of Pudgy Penguins, raising governance questions surrounding non-fungible token communities.
NFT Curation Site JPG Goes Live With $3.8M in Seed Funding
The media curation protocol aims to change who can build an art gallery.
GameStop Stock Surges Following NFT Marketplace Report
The struggling video game retailer is planning to build a new division focused on trading NFTs and establishing crypto partnerships, the WSJ reported.
Singapore Tycoons’ Sons Plan Private NFT Club: Report
Kiat Lim and Elroy Cheo founded ARC, which will start as an app-based community and eventually grow into a metaverse with a gaming element.
Australian Open Apes Into Tennis NFTs and Decentraland, Too
The tennis tournament is merging NFTs with on-court action in a creative twist on generative artwork.
Facebook, Walmart and How Companies Shouldn’t Set Up in the Metaverse
Facebook’s “pivot to video” destroyed businesses that went along. The metaverse could be a repeat act.
Animoca Brands Leads $9M Round in NFT Data Aggregator CryptoSlam
The new funding will be used for an “aggressive” hiring plan, expansion to support more blockchains and the launch of several new products.
