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.


Markets

NFTs Are More Popular Than Ever Despite Sour Mood in Wider Crypto Market

Peak popularity does not imply an increase in actual buying pressure from retail investors.

(Bored Ape Yacht Club, modified by CoinDesk)

Opinion

NFT Forgeries Aren’t Going Away

A rash of plagiarized NFTs suggests digital “ownership” doesn’t always amount to “digital property rights.”

Copycat! (Daniel Kuhn/CoinDesk)

Opinion

Web 3 Is a Return to the Internet’s Wild Spirit

“I think that’s what audiences want, right?” writer and founder of freelance payments system OutVoice, Matt Saincome said.

A digital tree. (Daniel Kuhn/CoinDesk)

Layer 2

How NFTs Put Generative Artists on the Map

Profile avatars emerged from a long tradition of artists expressing themselves through code, math and randomness. This article is part of CoinDesk’s Culture Week.

Artist Sol LeWitt with one of his instruction-based wall drawings in 1978. LeWitt is widely credited for his influence on the field of "generative art," which has benefited from NFT technology.

Opinion

Crypto Is the Biggest Thing to Change Culture Since Hip Hop

A ‘90s kid reflects on seeing how iconoclastic rappers changed the world. And how that energy is now in Web 3.

Rap group N.W.A. pose with rappers The D.O.C. and Laylaw from Above The Law during their "Straight Outta Compton" tour in 1989. (Photo by Raymond Boyd/Michael Ochs Archives/Getty Images)

Opinion

The Future of NFTs Is Fungible

The many NFT communities that have sprung up this year are finding that it’s not so easy to manage a community with unique tokens alone.

Balloons in a digital space. (Daniel Kuhn/CoinDesk)

Finance

Melania Trump Pitches NFT Plans; ‘Cobalt Blue Eyes’ Captivate Crypto Twitter

The former first lady is donating some of the proceeds from her first sale to help children in the foster care system.

Melania Trump (David Hume Kennerly)

Markets

The Top 5 Tax Tips for NFT Investors

NFTs have seen explosive growth this year, making it even more important for investors and advisors to prepare for tax season in 2022.

NEW YORK, NEW YORK - MAY 12: CryptoPunk digital art non-fungible token (NFT) displayed on a digital billboard in Times Square on May 12, 2021 in New York City. The image is part of SaveArtSpace's "Pixelated" public art exhibition which will be displaying 193 of Larva Labs' CryptoPunks on phone booths, bus shelters, and billboards around New York City during the month of May. New York Governor Andrew Cuomo announced pandemic restrictions to be lifted on May 19.  (Photo by Alexi Rosenfeld/Getty Images)

Opinion

Music NFTs Are Set for an Explosive 2022

Music NFTs are about to disrupt an industry full of gatekeepers and middlemen.

(Marius Masalar/Unsplash)

Learn

How to Buy a Tom Brady NFT

16,600 NFTs belonging to the new Tom Brady Origins collection sold out in minutes.

(Getty Images)