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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.
Sotheby's to Auction 'First NFT Ever Minted'
The auction will feature an NFT by Kevin McCoy minted in May 2014.
NFT Platforms Continue to Attract Venture Capital Money
Investor money continues to pour into the NFT sphere. Jay-Z is among the backers of a $19 million funding round for Bitski, and the team behind the infamous Banksy burning NFT has raised $3 million to build a new NFT platform on the Solana blockchain. “The Hash” panel unpacks these latest developments.
Minting Your Meme NFT Won't Burn the Planet
The debate over crypto's energy footprint is confused and unhelpful. Please stop comparing it to that of a mid-sized European country.
Ethereum Co-Founder Anthony Di Iorio: ‘I Don’t See Things Stopping for Ether’
Ether is booming, setting new all-time highs almost daily, but what’s behind the cryptocurrency’s recent success? Ethereum co-founder Anthony Di Iorio joins “First Mover” to discuss the bull market driving Ether’s rise, Canadian ETFs, and the NFT craze. Plus, his thoughts on “Ethereum killer” projects like Polkdadot and Cardano.
Banksy Burners Raise $3M to Build NFT Platform on Solana
Burnt Finance is taking a token-centric approach to decentralizing NFT auctions.
Jay-Z, A16z Back $19M Funding Round for NFT Platform Bitski
Describing itself as the “Shopify for NFTs,” Bitski aims to provide an easy platform for brands to sell digital goods.
Upshot’s NFT Appraisal Protocol Nabs $7.5M From CoinFund, Framework
The peer prediction startup is trying to add some nuance to the wildly-priced world of NFT valuation.
Paradigm, 3LAU Back $7.6M Raise for ‘NFT Social Network’ Showtime
Showtime was co-founded by Alex Masmej, the man known for tokenizing himself.
The 5 NFT Trends to Watch
Sales of NFTs are slowing but the impact of the technology is only just being felt, says ConsenSys' fintech co-head.
