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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.
'Space Jam' NFTs Launched by Warner Bros. and Nifty's
The collection features LeBron James and eight Looney Tunes characters from the film sequel ahead of its theatrical release on July 16.
Orioles Slugger and Cancer Survivor Trey Mancini to Release NFTs During MLB's Home Run Derby
The NFTs were designed in collaboration with TikTok influencer BitBoy Crypto. Proceeds will go to Mancini’s cancer foundation.
Miami's Institute of Contemporary Art Gifted CryptoPunk NFT
As one of the earliest series of NFTs offered on the Ethereum blockchain, offers have ranged from $34,000 to $123,000.
Penalties for Kimchi Premium Abusers, Digital Yuan on Trial Again
Kimchi premium becomes kimchi penalty. Chengdu holds China’s latest digital yuan trial. Taiwan’s Lootex uses NFTs to preserve cultural history. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
How NFTs Could Be Closing the Income Gap in the Chinese Music Industry
Hong Kong-based singer-songwriter Hanjin Tan, the first musician to launch a Chinese music non-fungible token (NFT), discusses the role of NFTs as a potential lifeline in helping close the income gap among struggling musicians in China and other parts of Asia.
'Walking Dead' NFTs to Roam the Metaverse
NFT metaverse The Sandbox is adding “The Walking Dead” to its roster of brands.
MLB NFT Auction Includes LA Dodgers World Series Ring
The winning bidder receives a package that includes the World Series ring and the chance to throw the first pitch at a Dodgers home game.
Dogecoin Millionaire Giving Away 1 Million DOGE With New Game 'Million Doge Disco'
"Dogecoin Millionaire" Gary Lachance has beta launched an augmented reality (AR) mobile game called "Million Doge Disco," a "decentralized dance party" that enables players to earn non-fungible tokens (NFTs) and dogecoin (DOGE). As part of the launch, Lachance plans to give away $1 million DOGE.
CryptoKickers Is Bringing NFT Sneakers to the Hypebeasts of the Metaverse
Sole Selector lets users design and mint their own sneaker NFTs on the Solana blockchain.
NFT Scored $2.5B in First Half of 2021
Non-fungible token (NFT) sales rose to $2.47 billion in the first half of 2021, according to data by DappRadar. This is a dramatic increase from the first half of 2020, when NFT sales totaled $13.7 million. Sports and collectible NFTs were revealed to be the most popular, although NBA TopShot sales are falling. "The Hash" panel takes a deep dive into the data, discussing whether NFT sales have peaked. "What goes up, must come down," host Zack Seward said.