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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.
Most Influential 2021: Matt Hall and John Watkinson
Larva Labs, the creator of CryptoPunks, is working with a Hollywood powerhouse to expand the NFT brand.
Play-to-Earn Platform Rainmaker Nabs $6.5M Seed Round
CoinFund and others are backing Rainmaker’s plans to ease access to hundreds of play-to-earn crypto games.
Metaverse Goes Hollywood With Universal Music Group Avatar Partnership
Avatar company Genies has inked a deal with UMG that could bring celebrity merch from Rihanna, Migos and more into virtual worlds.
Microsoft Leads $27M Funding Round for Palm NFT Studio
The Web 2 giant’s venture arm thinks enterprise demand for tokenized art will stick around.
Pantone ‘Color of the Year’ Gets the NFT Treatment
Tezos nabbed Ubisoft yesterday, now Pantone. How will XTZ react?
Crypto Fans Rejoice, Gamers Revolt as Ubisoft Announces NFT Plans
The first major game maker to roll out in-game NFTs was met with backlash Tuesday from a crypto-wary public.
DraftKings to Expand NFT Marketplace With NFLPA Partnership
The sports betting site is adding to its NFT offering in a deal with the NFL players union starting next season.
DAOs and the Next Crowdfunding Gold Rush
Fundraiser DAOs are essentially informal, unregulated Kickstarters. Is that why people are buying in?
Binance Smart Chain and Animoca Brands Set Up $200M Program for Blockchain Gaming
The two companies will contribute up to $100 million each to invest in early-stage projects.
