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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.
VitaDAO Closes $4.1M Funding Round With Pfizer Ventures for Longevity Research
The decentralized autonomous organization told CoinDesk that crypto enthusiasts, including Vitalik Buterin, have long been interested in funding research to extend human life.
Artists Weigh In on the Battle Over NFT Creator Royalties
While some NFT marketplaces have switched to royalty-optional models, creatives share different thoughts on enforcing royalties through smart contracts.
Premier League Inks Deal With Digital Trading Card Platform Sorare
The English soccer league has been considering a partnership with a crypto platform to expand its NFT offerings since 2021.
Proof Reveals Artists Behind Grails III NFT Release, Urging Collectors to Appreciate Digital Art Over Hype
The 20 artists behind the latest installment of the NFT collective’s Grails project, including Matt Kane, All Seeing Seneca and Josie Bellini, were revealed post-mint.
Better Policy Can Turn NFTs Into an Intellectual Property Powerhouse
Diana Stern, of Palm NFT Studio, writes about copyright, trademark and other IP issues surrounding non-fungible tokens.
NFT Collection Azuki’s Twitter Account Hacked, Leading Followers to Malicious Link
Hoshiboy, the co-founder of the popular anime-inspired project, told CoinDesk the team is in touch with Twitter to resolve the issue.
Aptos Labs CEO Says NFTs Will Push Boundaries of Previous Generation Blockchains
Mo Shaikh, co-founder of the layer 1 blockchain, predicts NFTs will be used as a means of payment and will also go mainstream via big brand partnerships.
Proof of Protest: Artists Pussy Riot and Shepard Fairey Team Up to Raise Money for Ukraine Through NFT Collection
All proceeds from the open edition Putin’s Ashes NFT collection will be donated to troops in Ukraine.
