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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.
Visa Takes First Step Into NFTs With CryptoPunk Purchase for Almost $150K
Visa bought CryptoPunk 7610, one of 3,840 "female" punks.
This United Nations-Associated NFT Project Is Helping Fight Climate Change
Proof-of-stake non-fungible token (NFT) platform Unique Network has been selected by the United Nations’ accredited organization International Association for the Advancement of Innovative Approaches to Global Challenges (IAAI GLOCHA) as the host of the DigitalArt4Climate initiative, which aims to inspire greater environmental awareness via NFTs.
NFT-Focused Topps Abandons Plan to Go Public in SPAC Merger
Legacy trading card company Topps has pulled out of its plan to go public via a merger with a special purpose acquisition company (SPAC) following the loss of its exclusive deal to make baseball cards as non-fungible tokens (NFTs) in partnership with Major League Baseball (MLB) and the MLB Players Association (MLBPA).
Alchemy Expands Free Tier in Bid to Attract More Blockchain Developers to Platform
The blockchain infrastructure startup says easy access to developer services helps projects "unfold at a higher velocity."
NFT Trading Surges 8X as Penguins, Apes Drive New Boom
Trading in non-fungible tokens (NFTs) is soaring to multiples of the levels seen earlier this year. Sales on OpenSea, the largest NFT marketplace, reportedly reached more than 60,000 per day over the past week, nearly eight times the peak in March.
Poly Network Offers Hacker a Job, NFTs Support Afghan Families
Poly Network offers hacker a job. Hong Kong-based BIT Mining sees revenue surge. And an NFT fund offers care packages for displaced Afghan families. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
‘Like-to-Earn’ NFT Platform RARA Looks to Monetize the Future of Online Engagement
RARA offers a token-powered curation system for separating the wheat from the chaff in the NFT market.
NFT Trading Surges 8X as Penguins, Apes Drive New Boom
Art dealers were agog at the NFT frenzy earlier this year. They should have a look now at the trading volumes on the OpenSea platform.
SuperRare Drops RARE Token to Decentralize NFT Marketplace
The announcement follows a wave of activity in the NFT space.
