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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.
Gary Vaynerchuk on NFTs and Meme Investing
YouTube influencer and entrepreneur Gary Vaynerchuk is launching an NFT collection called "Vee Friends." The collection contains over 10,000 tokens featuring characters created by Vaynerchuk. He joins "First Mover" to its launch and the challenges he faced along with it, as well as his thoughts on the overall NFT market and meme-investing.
New Lawsuit Dunks on Dapper Labs’ NBA Top Shot NFTs
The NBA NFTs under scrutiny. A woman is suing Dapper Labs on allegations that the company’s NBA Top Shot “Moments” NFTs are unregistered securities. Is it a money grab or an opportunity to establish rules in the NFT space? “The Hash” panel debates.
‘Fear’ Gets the Best of Bitcoin; Youtube Hit ‘Charlie Bit Me’ is Now an NFT; KAWS Launches New Project That Accepts Cryptocurrencies
Bitcoin is tumbling with market sentiment shifting from FOMO to FUD. Singapore-based crypto exchange Bybit spots a rare negative Bitcoin funding rate amidst falling crypto prices, but NFT adoption is holding strong as the 2007 Youtube hit “Charlie Bit Me” gets tokenized on the blockchain.
Supermodel Emily Ratajkowski Sells First NFT to “Reclaim” Her Image
Actress and model Emily Ratajkowski is auctioning her first NFT at Christie’s, in what she describes as an effort to reclaim control over her image. “The Hash” panel discusses digital ownership and NFTs as a form of empowerment.
Dapper Labs Sued on Allegations NBA Top Shot Moments Are Unregistered Securities
The complaint alleges that NBA Top Shot “moments” are securities because their value increases with the success of the project.
Preakness Launches First Horse Racing NFTs
The Preakness horse race is getting into the NFT game. The famous race has partnered with NFT agency Medium Rare to create NFTs of some of the race's most iconic moments, including its historic Woodlawn Vase trophy. Medium Rare's Adam Richman joins "First Mover" to discuss the value of NFTs to horse racing and other industries.
Shiba Inu Trends in Chinese Social Media; Indonesia Mulls Crypto Tax
The meme coin craze takes Asia by storm as SHIB goes for best in show. A plan to tax crypto trading is being floated in Indonesia. Virtual is the new reality as Zepeto partners with The Sandbox to launch NFTs. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Brave Integrates .Crypto Blockchain Domains, Expanding Access to Web 3.0
Brave users can access 30,000 decentralized sites and 700,000 blockchain domain names.
NFTs and Video Games: The Next Big Thing?
Decentraland co-founder Ari Meilich is launching a new game company named “Big Time Studios," which has raised $10.3 million from prominent investors like Sam Bankman-Fried, Ashton Kutcher, Digital Currency Group, and Circle. “The Hash” panel discusses the potential evolution of video games and its intersection with the non-fungible token (NFT) market.