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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.
Crypto: The Gift That Keeps On Giving (to Charity)
Regardless of people’s motivations for giving, there’s a huge opportunity for charitable efforts to thrive in crypto.
Animoca Brands and Hex Trust Partner to Provide Institutional-Grade Wallets for GameFi
Hex Trust will offer financial services to users of Animoca Brands’ ecosystem.
Grayscale Says Metaverse Is a Trillion-Dollar Market Opportunity
Revenue from virtual gaming worlds could grow to $400 billion in 2025.
S. Korean Regulators Call for Criminal Punishments for Crypto Market Manipulation
The law is unlikely to go through Parliament this year.
Crypto Investment Firm Arca Launches $30M Fund Dedicated to NFTs
The fund opened to investors last week and has raised $11.4 million so far.
Blockade Games Raises $5M Round at $23M Valuation From Animoca Brands, Others
The round was led by metaverse and NFT stalwart Animoca Brands.
ConstitutionDAO to Shut Down, Nearly 50% of Funds Already Returned
Many who contributed small amounts of ETH will have little but a hefty gas bill to show for it.
Not All NFTs Are Securities
When non-fungible tokens should be regulated under securities laws, and when they shouldn’t.
French Luxury Fashion Brand Givenchy Drops 15 NFTs on OpenSea
The NFTs, which were launched on the Polygon network, can be used as online avatars or profile pictures.
NFT Authenticator ORIGYN Raises $20M at $300M Valuation
Paris Hilton is among the investors backing the Swiss nonprofit.
