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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.
Bitcoin Nears All-Time High; HK Exhibition Showcases NFTs for Good
Bitcoin futures ETF filing prompts bitcoin's price to approach an all-time high. Hong Kong exhibition showcases NFTs for good causes. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
The NFT Market Is Already Centralized
Decentralized computing doesn’t always lead to a decentralized market structure.
The First ‘Move-to-Earn’ NFT Game Raises $8.3M
With funding from Konvoy Ventures and Pantera Capital, the Solana-based Genopets is merging meatspace and the metaverse.
Steam Boots Blockchain-Based Video Games From Its Platform
The company behind Steam updated its rules and guidelines to prohibit applications that issue or allow cryptocurrencies or NFTs to be exchanged.
FTX.US President on Launching Collectibles Arm in Boost to Solana-Based NFTs
FTX.US, the U.S. wing of Sam Bankman-Fried’s crypto empire, announced its new marketplace, FTX NFTs, will allow users to trade, mint, auction and authenticate Solana-based NFTs. It plans to support other blockchains in the future, including Ethereum. FTX.US President Brett Harrison shares news regarding the launch and insights into the booming NFT market. Plus, reactions to the reported SEC decision to allow bitcoin futures ETFs.
Coinbase Jumps After Sign-Up Numbers for NFT Marketplace Revealed
The crypto exchange had more than 1.35 million sign-ups for its waiting list, four times the number of OpenSea users, according to an analyst’s note.
