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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.
Philippines Looks to Tax Hit Blockchain Game Axie Infinity: Report
The country is the video game's leading market.
Budweiser Buys Beer.eth Domain Name for 30 ETH, Rocket NFT for 8 ETH
Budweiser has changed its Twitter profile picture to that of a rocket designed by NFT platform Rocket Factory.
Professor Jailed for Crypto Scam, Cryptopunks Trading Volume Soars
A South Korean professor and presidential campaign advisor jailed over a crypto scam. The Philippines says Axie Infinity earnings are subject to tax, and Cryptopunks' NFT trading volume soars. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Christie's Exec’s NFT Platform TR Lab Plans Artwork Drop by Cai Guo-Qiang
TR Lab’s second NFT sale will take place in September.
CryptoPunk NFTs Break Sales Record as Visa Sparks Buying Frenzy
Monday set a new single-day sales record for CryptoPunks, and August sales have already set a monthly record, with prices for the NFTs averaging nearly $200,000.
Visa Takes First Step Into NFTs With CryptoPunk Purchase for Almost $150K
Visa has bought a female CryptoPunk for around $150,000, taking a step into non-fungible tokens (NFTs) as it seeks to learn more about the burgeoning market. “The Hash” panel discusses the payments technology giant ramping up its experimentation around crypto assets. Could it pave the way for the rise of institutional NFTs?
Why Did Visa Buy a $150K NFT? Why Does Anyone?
There are some very good reasons, it turns out, rooted in our deep, totally irrational animal brains.
How Do Bear Market Cycles Impact NFTs?
Unique CEO Alexander Mitrovich and IAAI GloCha Executive Director Miroslav Polzer associated with the United Nations have teamed up to create non-fungible tokens (NFTs) to help engage the masses in the fight against climate change. They discuss the potential impact of bear and bull market cycles on the NFT market. Plus, their take on the outlook for a more eco-friendly NFT scene as part of a wider conversation about the crypto industry's environmental concerns.