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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.
Sotheby’s Takes Its NFT Experiment Into the Metaverse
“Sotheby’s Metaverse” will hold its first sale from Oct. 18–26 with a collection featuring 53 works.
Visa Launching NFT Program to Support Digital Artists
The financial services giant is partnering with Aku creator and former Major League Baseball player Micah Johnson, who once sold $1 million worth of art in one minute.
NFTs Are Coming to Fox TV Show ‘Masked Singer’
The media giant is using its Blockchain Creative Labs subsidiary to release NFT packs on the cheekily titled “Maskverse.”
OpenSea Says It Patched an NFT Phishing Vulnerability
The NFT marketplace said it fixed the loophole as soon as it was notified by a security firm and no accounts were compromised.
Coinbase and Binance Move to Diversify, Stablecoins Under Scrutiny
Coinbase announces NFT platform. Binance launches US$1 billion growth fund. Stablecoins are under greater scrutiny. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Dapper Labs Signs Multi-Year Partnership With NBA Star Kevin Durant’s Boardroom
Boardroom, a sports media company created by NBA star Kevin Durant and his investment firm Thirty Five Ventures, has agreed to a two-year partnership with Dapper Labs to help create original NBA Top Shot Moments and video content. This comes as JAMBB raised $3.5 million to build a comedian-focused NFT marketplace on the Flow blockchain. "The Hash" group discusses NFT video moments as the latest emerging trend to watch.
Hashmasks Is Behind New NFTs by Notorious Art Forger Wolfgang Beltracchi
The NFT collective says it’s giving access to an artist who would otherwise have no way to exhibit his work.
No Joke: Hannibal Buress Is Doing Comedy NFTs
Jambb – a comedian-focused NFT marketplace featuring Buress, Maria Bamford and more – will put video highlights of standup sets on the Flow blockchain.
Hashmasks Is Behind New NFTs by Notorious Art Forger Wolfgang Beltracchi
Hashmasks, the digital art collective that hosts a collection of thousands of high-end NFTs, is the producer of the recently announced NFT project by Wolfgang Beltracchi, an infamous German art forger who's been banned by museums, galleries and auction houses from showing and selling his work. "The Hash" squad discusses the pros and cons of decentralization and blockchain technology in the art world.
FTX.US Launches Collectibles Arm in Boost to Solana-Based NFTs
FTX.US, the U.S. wing of Sam Bankman-Fried’s crypto empire, is launching an NFT marketplace, FTX NFTs, which will allow users to trade, mint, auction and authenticate Solana-based NFTs. Plans to support Ethereum NFTs are in the works.