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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.
NFTs Over DeFi: OpenSea Just Overtook Uniswap on Ethereum Usage
Are NFTs back? Non-fungible token (NFT) marketplace OpenSea topped the leaderboard in gas consumption on the Ethereum blockchain, surpassing Ethereum's largest decentralized finance (DeFi) exchange Uniswap. Since last year, Uniswap has typically commanded the top spot. "The Hash" team discusses the industry implications for the rare flippening event and what it means for ether.
Crypto Coin Listings Exploded in 2021
In the first half of 2021, CoinMarketCap added 2,655 new crypto assets to its database to a total of 10,810 listed coins. The data aggregator and two others cited the surge to be driven by a combination of bullish price action, the influx of traditional financial institutions, influencers and celebrities to the space, a non-fungible token (NFT) boom, and the rise of meme coins. "The Hash" team digs into the data and what it reveals about the outlook for the crypto industry.
Hong Kong Artists Embrace NFT’s, NFTs New Top K-Pop Merchandise
Hong Kong artists embrace NFTs. NFTs to become must-have merchandise for K-Pop fans, and an Indonesian resort offers NFT timeshares. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
DraftKings Charts NFT Long-Game With Marketplace Debut
Tom Brady’s NFT platform, Autograph, is powering the sports betting app’s foray into the world of digital collectibles.
NFTs Over DeFi: OpenSea Just Overtook Uniswap on Ethereum Usage
Since last year, Uniswap has usually commanded the top spot.
NFT Marketplaces: A Beginner’s Guide
Non-fungible token (NTF) marketplaces allow digital collectors to buy, sell and create their own tokens that represent ownership of unique, tangible and intangible items.
FTX Strikes Deal With Yield Guild Games to Sponsor Axie Infinity Players
Sam Bankman-Fried’s cryptocurrency exchange FTX has struck yet another sponsorship deal. This time, with decentralized gaming startup Yield Guild Games (YGG) to sponsor Axie Infinity players from developing countries.
Bundesliga Partners With Topps on First-Ever NFT Collection
The NFT trading cards will feature the German soccer league’s top players, rising stars and highlights from the season.
UK Fashion House Burberry Releases First NFTs in Collaboration With Mythical Games
Iconic British luxury fashion brand Burberry has launched its first non-fungible token (NFT) collection in partnership with Mythical Games, featuring limited-edition product drops via Blankos Block Party, a game with digital vinyl toys known as Blankos that live on the blockchain.