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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.
Bank of America: Avalanche’s Scaling Capability Offers Viable Alternative to Ethereum
In its latest research report, Bank of America said smart contract platform Avalanche's ability to scale while remaining secure and decentralized makes it a credible alternative to Ethereum for DeFi projects, NFTs, gaming, and other assets. This comes as Avalanche's AVAX token is now the 12th largest by market value. "The Hash" hosts discuss the outlook for Avalanche and whether it could be the next Wall Street chain.
Why Corporate America Is Getting NFTs All Wrong
Here are the nine things every marketer and CEO should know about NFT projects.
Can NFT Art Survive Its Own Addiction to Elitism?
The fine art world has long since learned the value of inviting the world in. NFT entrepreneurs still haven’t taken the hint.
Sotheby’s NFT Sales Reach $100M in 2021
The auction house said in a report that it has seen an overall “rebound” in sales as clients respond to a seamless digital and physical experience.
Auction Platform Otis House to Sell the First NFT of a Bob Ross Painting
The platform mints NFTs to prove ownership of physical collectibles, and destroys them if their owners ask for the items to be returned.
NFT Music Startup Sound.xyz Raises $5M From a16z, 21 Savage
Sound.xyz is the latest startup looking to bring music into Web 3.
The Elon Effect: How Musk’s Tweets Move Crypto Markets
Elon Musk has repeatedly shown interest in toying with the crypto markets. We dive into how Tesla’s CEO has swayed the prices of DOGE and BTC during 2021.
Toy Brand L.O.L Surprise! Launches In-Store NFT Collection
The billion-dollar toy brand is calling the collection “the largest retail NFT launch in history.”
Vaynerchuk Backs $7M Bet on You Wanting to Show Off Your NFTs’ IRL
Danvas is looking to bring high-art frames to high-art NFTs.
Vulcan Forged Play-to-Earn Gaming Platform Refunds Users After $140M Hack
PYR token prices fell 34% to $21 on Monday following news of the hack.
