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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.
Designer Eric Hu on Generative Butterflies and the Politics of NFTs
Hu’s new NFT collection, Monarchs, pulled in around $2.5 million in a pre-sale Wednesday afternoon.
South Korea’s 20% Tax on Crypto Gains Will Take Effect in 2022: Report
NFTs appear to be exempt from the crypto taxes for now because South Korea does not classify them as “virtual assets.”
Tezos to Present NFT Exhibition at Influential Art Basel Miami Beach Show
The blockchain platform will feature NFT artworks, some interactive, and include speakers and panel discussions during the three-day event.
ESPN, DraftKings Execs Join Soccer NFT Platform Sorare Following $680M Raise
The startup has been rapidly expanding since announcing its Series B in September.
Dapper Labs Taps Chainalysis to Fight NFT Money Laundering
The creator of NBA Top Shot and CryptoKitties is working on a way to detect and prevent NFT money laundering and market manipulation.
Art Blocks Raises $6M From True Ventures, Galaxy on Strength of Generative NFTs
In an interview on CoinDesk’s “Opinionated” podcast, founder Erick Calderon explained how a crypto side hustle grew into a leading digital art project.
Impact Theory CEO on Launching ‘Founder’s Key’ NFT Collection
Tom Bilyeu, co-founder and CEO of Impact Theory, a mission-based content studio, discusses launching its first-ever NFT collection dubbed “Founders Key,” explaining why he decided to dabble into the booming NFT market. “It unlocks the future of everything that we’re doing as a company,” Bilyeu said.
Billion-Dollar Toy Brand L.O.L Surprise! to Build Its Own NFT Marketplace
Ioconic is helping the brand build out its own marketplace where users can mint, buy and sell NFTs.
