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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.
The Fast-Growing NFT Market Is Problematic Yet Promising
There is authentic demand for crypto collectibles, called NFTs, but the introduction of yield farming has introduced new issues.
Dapper Labs–USDC Integration Helps NBA Collectibles Game Clear $2M in Revenue Since June
Gamemaker Dapper Labs is using Circle's dollar-backed stablecoin USDC as a global settlement solution for its non-fungible tokens (NFTs).
NFT Marketplace Blockparty Partners With DJ 3LAU on Digital Music Collectibles
Digital collectibles maker Blockparty on Wednesday said it will release audio-visual non-fungible tokens (NFTs) in collaboration with DJ 3LAU.
Dapper Labs Releases CryptoKitties Based on Rock Band Muse
Dapper Labs, the team behind popular non-fungible token game CryptoKitties, announced it will release two Muse-inspired cat characters, one of which will be signed by the band members.
The NFT Game That Makes Cents for Filipinos During COVID
Axie Infinity, a NFT trading game running on Ethereum, has proven a pandemic lifeline for a small community north of Manila.
Winklevoss-Owned Gemini Now Provides Custody for .Crypto Blockchain Domains
Gemini will offer custody on .crypto domains from Unstoppable Domains, which are based on non-fungible tokens much like cryptocurrencies.
Blockchain Enabled Fantasy Soccer Firm Sorare Raises $4M in Seed Fund Round
Using the Ethereum blockchain Sorare generates unique digital cards representing soccer players, that can be traded by users and used in weekly league competitions.
Yield Farming Expands From Finance to Digital Collectibles
Fresh soil can now be tilled for yield on Ethereum: the world of digital collectibles. NFT site Rarible is issuing a governance token.
Crypto Luminaries Auction NFT 'Art' for Charity
Vitalik Buterin's quadratic funding notes raised 40 ETH for an open-source grant program. He and others are auctioning off NFTs on Cryptograph for charity.
US Soccer Players Can Be Collected, Traded in Tokenized Fantasy Game
MLS fans will now be able to collect and trade digital cards representing league players and use them to play fantasy soccer games run by the firm Sorare.
