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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.
NFT Powerhouse Dapper Labs Hires Ticketmaster and PayPal Alumni
Gui Karyo joins from Ticketmaster while Amanda Schwartz hails from PayPal.
Arca CIO: Bitcoin ‘Either Worth $0 or $1M Per Token’
Jeff Dorman, CIO of fund manager Arca, discusses his long-term outlook for bitcoin’s price after the cryptocurrency failed to keep heading higher and remains in a tight range between $46,000 and $50,000. “It’s either worth $0 or it’s worth probably $1 million per token,” Dorman said.
United Talent Agency Signs CryptoPunks
The agency will represent the NFT project for appearances in film, TV, video games and publishing.
Institutional NFT Interest Heats Up as Three Arrows Capital Launches ‘Starry Night’ Fund
Crypto venture capital (VC) firm Three Arrows Capital is entering the non-fungible token (NFT) space with the launch of an NFT-dedicated fund named “Starry Night Capital.” The hosts of “The Hash” discuss the latest crypto VC jumping on the NFT bandwagon amid growing interest in institutional NFTs.
Why Everyone in NFTs Is Suddenly Talking About Price ‘Floors’
A term borrowed and bastardized from commodities trading, price floors show the need for data in absurd NFT markets.
Topps Switches From Wax to Avalanche to Launch New Baseball NFT Collection
The trading card company called the Avalanche blockchain “fast, low cost, and eco-friendly.”
Sotheby’s to Auction Collection of Bored Ape Yacht Club NFTs
The venerable British auction house estimates the sale of 101 NFTs will bring in $12 million to $18 million.
What Does the Booming NFT Markets Reveal About Blockchain and DeFi?
John Wu of Ava Labs, which launched the proof-of-stake Avalanche blockchain, discusses his assessment of the booming non-fungible token (NFT) markets. “People sense and see, finally, real use cases… and that’s why there’s a run in the alts,” Wu said, pointing to the benefits of utility on the blockchain, including Ethereum and Avalanche.
The9 Launches NFT Platform, Securities and Futures Commission of Hong Kong Issues Crypto Warning
China’s The9 launches NFT platform, Hong Kong’s Securities and Futures Commission (SFC) issues crypto warning, and an Indian teen makes thousands from selling NFT art. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Bollywood Legend Amitabh Bachchan to Launch NFT Collection
The collection will be themed around his life.
