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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.
Coach and GQ China to Release Six NFTs on Ethereum
The launch will mark Coach’s first foray into digital tokens.
Venture Capital Names Jump in on NFTs, Crypto Investors Brush Off Evergrande
Well-known venture capital names validate NFT space. Crypto investors brush off Evergrande’s concerns. Korean lawmaker reveals crypto exchange data ahead of the September 24 deadline. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Dfinity Foundation’s Internet Computer Blockchain Brings Smart-Contract Capabilities to Bitcoin Network
Blockchain company Dfinity’s Internet Computer Protocol (ICP) is integrating with bitcoin to enable smart contracts on BTC. Following a community vote to upgrade the network, it will allow developers to let their creativity run wild in developing all manner of Web 3.0 services, already seen on Ethereum from DeFi to NFTs.
Why NFTs Are So Appealing – And How Anyone Can Start Learning for Free
What’s truly exciting is the potential this technology brings, and where it could take us in the future.
Blockchain Firm TangoChain Launches Platform for Play-to-Earn Games, NFT Creation
TangoChain focuses on gaming and NFTs, and its model involves giving players financial incentives to play and progress through games.
TR Lab to Launch NFTs Inspired by Kai-Fu Lee and Chen Qiufan’s Book ‘AI 2041’
Five artists were tapped to interpret the book into NFT art.
Market Wrap: Cryptocurrencies Bounce Back, Traders Expect More Volatility
Bitcoin rebounds to above $42,000.
Dapper Labs Said to Reach $7.6B Valuation in $250M Funding Round
The firm behind NBA Top Shot and the Flow blockchain also announced a deal with Spain’s top soccer league, LaLiga.
Dapper Labs Said to Reach $7.6B Valuation in $250M Funding Round
The company behind NBA Top Shot and the Flow blockchain, Dapper Labs, has closed a $250 million funding round to an estimated $7.6 billion valuation. Coatue led the raise, including Andreessen Horowitz, Google’s GV (formerly Google Ventures), and Version One Ventures.