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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.
Mitsubishi, Fujitsu and Other Tech Firms to Create ‘Japan Metaverse Economic Zone’
The agreement is aimed at creating the infrastructure for an open metaverse and “updating Japan through the power of games.”
Winning Dookey Dash Key Sold for $1.6M
The one-of-one "Golden Key" was earned by receiving the highest score on Yuga Labs' skill-based NFT game Dookey Dash last month.
Peloton’s Robin Arzón Is Building a Web3 Community Around Working Out
The exercise giant's vice president of fitness programming is soon launching Swagger Society, a Web3 lifestyle membership club that aims to foster a fitness community in Web3.
3AC Liquidators to Sell Multimillion-Dollar Portfolio of Seized NFTs
Teneo, the liquidator for the bankrupt crypto hedge fund, has listed out hundreds of NFTs that are subject to a forthcoming sale.
Sotheby’s to Auction Neal Stepheson’s ‘Snow Crash’ Manuscript and Digital Collectibles
The auction house is offering the original 1991 manuscript of the sci-fi novel that coined the term "metaverse," alongside a series of physical and digital collectibles.
Dapper Labs Laying Off Another 20% of Its Staff
The job cuts follow a previous 22% workforce reduction in November.
Bitcoin NFTs: What Are Ordinal NFTs and How Do You Mint One?
NFTs on Bitcoin are different from the Ethereum NFTs most people are familiar with. Here’s what you need to know.
Spotify Is Testing Token-Enabled Music Playlists
The pilot is currently only available for Android users in the U.S., U.K., Germany, Australia and New Zealand.
