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.


Finance

Deadmau5, Gregory Siff Merge Digital and Physical Art With Solana NFT Drop

The duo is tapping metaverse studio Looks Rare to turn real-life art into NFTs.

Deadmau5, aka Joel Thomas Zimmerman, poses for a photo at an event on Oct. 30, 2021 in Miami Beach, Florida. (Jason Koerner/Getty Images)

Finance

Animoca Brands Backs Upland’s Real Estate-Based Metaverse With $18M Raise

The property game is home to more than 100,000 landowners across 13 virtual cities.

(Alex Boyd/Unsplash, modified by CoinDesk)

Finance

Metaverse Startup The Sandbox Closes $93M Series B Led by SoftBank

The Sandbox metaverse counts 500,000 registered wallets, the startup said.

(The Sandbox)

Policy

Ant Group, Tencent, JD.com Sign NFT ‘Self-Regulation’ Convention

Chinese tech giants are likely working to appease regulators.

Beijing (Zhang Kayiv/Unsplash)

Tech

The Metaverse We Didn’t Ask For

Does anyone want Facebook’s take on this old-new idea?

(Richard Horvath/Unsplash)

Finance

NFT Platform OneOf Signs 3-Year Deal With Grammys

OneOf will release NFTs on the Tezos blockchain for the 64th, 65th and 66th annual Grammy Awards.

LOS ANGELES, CALIFORNIA - MARCH 14: Trevor Noah speaks onstage during the 63rd Annual GRAMMY Awards at Los Angeles Convention Center on March 14, 2021 in Los Angeles, California. (Photo by Kevin Winter/Getty Images for The Recording Academy)

Finance

Huobi Launches Its NFT Marketplace Trial

Huobi said the launch of the Huobi NFT marketplace is a “key milestone” in the expansion of its plans for the metaverse.

Will More Institutional Exchanges Follow on Huobi's Heels?

Finance

Sfermion Raises $100M NFT Fund as Facebook Stokes Metaverse Mania

The NFT investment firm will focus on the “experiential infrastructure that involves the NFT space.”

(Richard Horvath/Unsplash)

Tech

Facebook Steals Another Crypto Idea for Its Nonsensical Rebrand

Mark Zuckerberg’s vision for the metaverse has little to do with the open, interoperable vision first articulated by the blockchain industry.

CEO of Facebook Mark Zuckerberg walks with COO of Facebook Sheryl Sandberg after a session at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho.