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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.
India Issues CBDC Update, Korea Threatens to Block Exchanges
India issues update on CBDC plans. Korea threatens to block access to foreign crypto exchanges. Hong Kong’s Animoca Brands launches NFT accelerator. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
NFT Craze Remains a Nonfactor for Ether's Price
A theory about how NFT sales are sinking ether's price emerges in a dull market.
Polygon's Nailwal: NFTs in Gaming 'Bigger Than Hollywood' in the US
NFTs in gaming is one of the hotter blockchain trends of the summer.
Tom Brady’s NFT Platform Autograph Partners With Lionsgate and DraftKings
Autograph, the non-fungible token (NFT) platform co-founded by Tom Brady launching this summer, has inked partnerships with entertainment company Lionsgate and sports betting firm DraftKings. It has also signed an exclusive, multi-year NFT deals with fellow iconic sports stars. "The Hash" group discusses the rising tide of NFT platforms, imagining the future of digital collectibles.
Polygon Launches Unit to Grow Blockchain Gaming and NFTs
Polygon has launched Polygon Studios, focused on helping to advance blockchain gaming and non-fungible tokens (NFTs). The co-founder and COO of the India-based Ethereum-scaling project, Sandeep Nailwal, discusses how the new unit could transform the gaming industry's existing business model. "NFTs [are] basically going to be the gateway to bring masses into [the] blockchain," Nailwal said. Plus, insights into the state of crypto regulations in India and the Polygon ecosystem.
Tom Brady's NFT Platform Autograph Partners With Lionsgate and DraftKings
Brady's platform has also signed exclusive NFT deals with fellow iconic sports stars Tiger Woods, Wayne Gretzky, Derek Jeter, Naomi Osaka and Tony Hawk.
Zed Run Developer VHS Raises $20M in Funding Round Led by TCG
The Australian company, founded in 2018, has developed a blockchain-based, virtual horse-racing game called Zed Run.
NFT Marketplace OpenSea Valued at $1.5B in $100M Funding Round Led by A16z
Non-fungible token (NFT) marketplace OpenSea is the latest crypto unicorn with a total valuation of $1.5 billion after a $100 million Series B round that closed Tuesday, led by Silicon Valley’s best-known VC, Andreessen Horowitz (a16z).
Georgia to Put Its Wine on the Blockchain
The eastern European country of Georgia is partnering with Norway-based blockchain trading platform WiV Technology to put some of its wine on the blockchain, enabling investors and enthusiasts to track provenance and buy and sell associated NFTs. “How do you transfer real-world things to the blockchain?” host Naomi Brockwell asked.
State of DeFi, Crypto Crackdowns in Thailand
Mukaya (Tai) Panich, Chief Venture and Investment Officer of SCB 10x, the technology and innovation arm of Thailand’s Siam Commercial Bank, discusses the state of crypto in Thailand on the heels of its SEC banning meme, fan, and exchange tokens, as well as NFTs. Plus, her take on bridging the gap between DeFi and TradFi.