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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.
Solana Wallet Phantom Nixes Auction for iOS Beta Invites After Community Erupts
Solanaland’s top crypto wallet abandoned its NFT auction hours before the pricey proceedings were set to begin.
Ozzy Osbourne Is Betting Fans Will Be Hungry for His New NFTs
The former bat-biting Black Sabbath frontman and current reality TV star will launch the “Cryptobatz” NFT collection in January, Rolling Stone reported.
Decentraland, Luxury Marketplace UNXD to Host Metaverse Fashion Week
Decentraland and UNXD are calling on fashionistas to have their virtual collections ready to show in the metaverse.
10 2022 Predictions From PwC’s Henri Arslanian
El Salvador. The metaverse. Web 3 catalysts. Ethereum’s future.
Kraken to Develop NFT Marketplace Offering Token-Backed Loans
The marketplace will determine NFTs’ liquidation value before they are used as collateral.
CoinDesk ‘Most Influential’ Artists Sell Charity NFTs for 50 ETH
They will donate up to 20% of the $200,000 (so far) in sales to charity, in association with The Giving Block.
Arcade Raises $15M to Offer NFT-Backed Loans
The project lets users borrow against the value of their NFTs.
NFTs Are More Popular Than Ever Despite Sour Mood in Wider Crypto Market
Non-fungible tokens (NFTs) are more popular than ever, according to Google Trends. The tool is currently returning a perfect score of 100 for the worldwide search query “NFT” over the past five years.
