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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.
Markets for NFTs Reach All-Time High, But Can It Sustain?
The number of sales on non-fungible token (NFT) marketplace OpenSea has exploded this year, with August’s trading volume exceeding the volume of all previous months in OpenSea history. Head of Product Nate Chastain discusses insights into the growth and outlook for the booming NFT market.
Meet the 23-Year-Old Behind Tom Brady’s NFT Play
Dillon Rosenblatt is a tech mogul’s son with his own entrepreneurial hunger.
3LAU Raises $16M to Tokenize Music Royalties for Artists and Fans
Crypto-savvy DJ Justin “3LAU” Blau has raised $16 million to launch a music investments platform that aims to give listeners a piece of the wealth generated by songs. The music tokenization platform, Royal, slices up song royalty rights into crypto tokens anyone can buy and trade. "The Hash" squad discusses the latest potential disruption to the traditional record label model as it increasingly collides with the crypto industry.
3LAU Raises $16M to Tokenize Music Royalties for Artists and Fans
Paradigm and Founders Fund each invested $7 million, the crypto-savvy DJ told CoinDesk, with Paradigm’s Fred Ehrsam joining the board.
Budweiser Getting Frothy on NFTs
Budweiser USA has changed its Twitter profile picture to a rocket designed by non-fungible token (NFT) platform Rocket Factory, which was bought for 8 ETH (US$25,000).
NFT Platform Hodl Buys Crypto-Commerce Firm CoinLinked
HODL Assets is moving forward in its efforts to secure funding to fuel expansion of its operations.
Hong Kong Football Team Launches NFTs, Food Concept Offers Crypto Mooncakes
Asia’s first football NFTs come to Hong Kong. Hong Kong-based vegetarian food concept offers crypto mooncakes, and Vogue Singapore launches an NFT cover. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
WNBA 'Moments' Are Coming to Dapper Labs' NBA Top Shot
The league is making its first foray into NFTs as it looks to capitalize on a surge of new fans.
Facebook Considering NFT Support in Novi Digital Wallet
Facebook is in a good position to explore supporting NFTs through its new digital wallet, according to the company's head of financial services.
