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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.
SpaceChain Shoots Blockchain to Space; Cardano’s Bridge to China
Singapore startup SpaceChain will send its blockchain tech to the International Space Station aboard Falcon 9. Cardano announces its first cross-chain bridge with China’s Nervos Network. Indian cryptocurrency exchange WazirX and Korbit in South Korea launch, their nation's first NFT platforms. We’ll have more on that story – and other news shaping the cryptocurrency and blockchain world – in this episode of The Daily Forkast, June 2.
Metaplex Foundation Launches Solana-Based NFT Marketplace
“Metaplex will do for NFTs what Shopify did for commerce, but takes it one step further by not acting as the middleman,” said musician RAC.
Galaxy Digital-Backed Candy Digital Launches, Inks Debut Deal With MLB
Candy will build an MLB ecosystem to buy, trade and share officially licensed baseball content NFTs.
Crypto Exchange Korbit Launches South Korea's First NFT Marketplace
All transactions on the platform will be carried out in ethereum.
NFL Legend Tom Brady Has 'Definitely' Invested in Crypto
The seven-time Super Bowl champion says he doesn’t see crypto going away. However, he didn’t say which coins he owns.
Axie Infinity Players in the Philippines Using In-Game Winnings to Pay Real-Life Bills
Axie Infinity is a mobile pet-themed game built on the blockchain that allows players to earn income through trading NFTs. When the COVID-19 pandemic struck, many young people in the Philippines lost their jobs, and some turned to Axie Infinity to get by.
VR Artist Boomboxhead on the Intersection Between NFTs and the Metaverse
Godfrey Meyer, aka Boomboxhead, joins “First Mover” to explain how NFT art intersects with virtual reality and the difference between digital and physical art.
Hollywood Powerhouse CAA Joins Blockchain Video Network Theta
The addition of Creative Artists Agency as a validator brings the video network closer to full decentralization, said Theta Labs CEO Mitch Liu.
See Tom Brady Speak at the Last Day of Consensus
Also, go deep on DeFi, social tokens, crypto-native banks and more.
GameStop Launching New NFT Platform
GameStop is hiring for a new NFT platform they’re building on the Ethereum blockchain. Is this the beginning of a new era for GameStop or just an attempt to capitalize on the r/WallStreetBets hype? “The Hash” panel debates.