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.


Web3

Mastercard’s NFT Leader Quits, Mints His Resignation Letter on the Way Out

"I have long been fascinated by the potential of Web3 to change the world for the better and I believe that now more than ever is the right time for me to fully immerse myself in the space," wrote Satvik Sethi.

"New Beginnings" NFT by Satvik Sethi (Manifold.xyz/LinkedIn)

Tech

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool

Luxor Mining collaborated with independent developer Udi Wertheimer to mint the NFT advertising “Magic Internet JPEGs” in “the largest Bitcoin block ever mined.”

TaprootWizards.com NFT (ordinals.com)

Web3

Couch From Famous Doge Meme to Be Auctioned by PleasrDAO

The second live auction from PleasrHouse will feature the real-life couch sat upon by Kabosu, the famous Shibu Inu who spawned memes, coins and more.

DOGE Meme (Atsuko Sato/Wikimedia)

Web3

ImmutableX to Launch All-In-One Passport System to Onboard New Gamers Into Web3

The new tool, scheduled to launch in April 2023, will act as a non-custodial wallet, gamer profile and authentication solution for Web3 gamers.

(Marko Geber/Getty Images)

Opinion

Retraction: BAYC Founder Opinion Piece

The content of the previously published piece did not meet CoinDesk's editorial standards.

Bored Ape Yacht Club Sewer Pass (Yuga Labs)

Web3

Jim Henson's Beloved Children Series 'Fraggle Rock' Releases NFT Trading Cards

Fans of the 1980s fantasy Muppet television show can collect digital trading cards and connect with other fans through an app.

Fraggle Rock (The Jim Henson Company)

Tech

Bitcoin Community Erupts in Existential Debate Over NFT Project Ordinals

Some are calling the new protocol, which stores NFTs on Bitcoin, an attack on the blockchain's original mission to conduct financial transactions. Others say the new use case should be embraced alongside other demands for block space.

Bitcoin community members are of two minds on bringing NFTs to the blockchain. (PM Images/Getty Images)

Web3

EthBoy NFT Painting Continues to Evolve With Fourth Edition

The generative artwork, which depicts Vitalik Buterin in a harlequin suit, changes every day in response to external data.

EthBoy NFT, fourth edition. (Trevor Jones)