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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.
NFT Tied to Rare Whiskey Cask Auctions for $2.3M
Specialty NFT marketplace Metacask said the sale sets a new record for the whiskey barrel auction block.
Reddit Readying an NFT Platform
In a job posting for a senior engineer, the social media giant said that a “rapidly growing team” was looking to build “the largest creator economy on the internet.”
NFT Artist Brian Frye Wants You to Steal This Article
Frye is for plagiarism, against copyright and sort of neutral on securities law.
Sotheby’s, Future Perfect Ventures Invest $20M in NFT Tech Firm Mojito
The funding will go toward expanding the Mojito team’s engineering and product side as well as building out tooling and services.
Fanatics-Owned Candy Digital Raises $100M From Insight Partners, SoftBank
Connect Ventures and Athletes Syndicate in partnership with Chaos Ventures also participated in the round.
SBF, The Weeknd Join Board of Tom Brady’s NFT Platform
Brady is already an investor in FTX; Sam Bankman-Fried will now be on the board of Autograph.
DraftKings Founders Back ‘Play-to-Earn’ Soccer Game With $3M Raise
MonkeyBall, a self-described mashup of “FIFA Street” and “Final Fantasy,” will run on the Solana blockchain.
Andreessen Horowitz Invests in New Meta4 NFT Fund
A16z is the lead investor in Meta4′s new fund, which will invest in rare digital art and collectibles such as the Bored Ape Yacht Club.
