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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.
Sorare Signs NFT Partnership With Bundesliga
The deal with Germany’s top soccer league will bring video-based “NFT Moments” to the platform for the first time.
NFT Market Too Frothy? Now You Can Short It
SynFutures’ new Tinder-like product allows investors to bet against NFTs.
Petition Calls for Korea Crypto Tax Pause, TikTok Jumps Into NFTs
Central and southern Asia is a crypto hotspot. Petition calls for Korea crypto tax pause. TikTok jumps into NFT market. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Axie Infinity Nears 2M Daily Active Users as Creator Raises $152M Series B
The popular play-to-earn game has generated close to $2.3 billion in total sales volume since it was launched in 2018.
NFT Trading Volume Surges 700% to $10.7B in Q3
The increase was powered by a record-breaking August that saw over $5.2 billion in trades.
Gary Vaynerchuk Doodle Outsells Warhol, Pollock, Neel and More at Christie’s Auction
One of the doodle templates for Vaynerchuk’s NFT collection sold for $412,500. Warhol drew a measly $26,250.
Shaq to Release NFT Collection
After purchasing his first two NFTs last week, the Hall of Fame basketball player and businessman is releasing his own collection on Oct. 15.
Gary Vaynerchuk Doodle Outsells Warhol, Pollock, Neel and More at Christie’s Auction
Media mogul Gary Vaynerchuk sold a doodle of an elephant at Christie's for $412,500. "Empathetic Elephant," which outsold works by Andy Warhol, Jackson Pollock, Alice Neel, and more, was part of the basis for Vaynerchuk's VeeFriends NFT collection, a set of tokens tied to animal-themed collectibles on Ethereum. "The Hash" hosts discuss the implications of the sale and what it reveals about the evolving worlds of traditional art and digital collectibles.
Shaq to Release NFT Collection
Four-time NBA champion and serial entrepreneur Shaquille "Shaq" O'Neal is releasing his own NFT collection titled "Shaquille O'Neal: The Eras of Dominance Collection," which will run on the Ethernity chain, an Ethereum layer 2, and will be available for purchase on Oct. 15. O'Neal purchased his first two NFTs last week. "The Hash" squad discusses the latest sports star dabbling into NFTs in an ongoing trend making waves in the crypto industry.