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

Nike’s Web3 Platform .SWOOSH Will Reward Creators for Virtual Sneaker Designs

The global sportswear brand is offering a $5,000 cash prize and a chance to collaborate with Nike designers on a one-of-one virtual sneaker.

(David Peperkamp/Getty Images)

Web3

Kevin Rose's NFT Wallet With 40 High-Value Collectibles Hacked

The Proof CEO was the victim of a phishing scam that drained millions of dollars worth of rare tokens, according to one estimate.

Chromie Squiggles (Art Blocks)

Videos

Web 2, Meet Web3

Kelly DiGregorio (Polygon), Marc Mathieu (Salesforce), Maya Draisin (TIME) and Joe O'Rourke (Forum3) join CoinDesk anchor Christine Lee at CES 2023 in Las Vegas to discuss what they’ve learned from experiments with the metaverse and NFTs, and what mass adoption would take as we cruise toward the Web3 world.

CoinDesk at CES 2023

Videos

Beyond the NFT Bubble: Web3’s True Value to Creators

Deadfellaz CEO & Co-Founder Betty, OpenSea VP of Product Shiva Rajaraman, United Talent Agency Head of Web3 Lesley Silverman and Fireblocks Senior Director of Business Development and Web3 Sergio Silva join CoinDesk Web3 Reporter Cam Thompson live from Las Vegas at CES 2023 to discuss how well NFTs have lived up to the empowerment hype and what they need to deliver.

CoinDesk at CES 2023

Web3

Doodles Releases Eagerly Awaited New NFT Project Doodles 2 on Flow

The latest NFT experience from the Doodles team allows holders to personalize their Doodles characters on-chain.

NFT collection Doodles on NFT marketplace OpenSea (modified by CoinDesk)

Web3

Web3 Gaming Studio Mythical Games Releases New Marketplace

The launch of Mythical Marketplace 2.0 follows the studio's acquisition of gaming marketplace DMarket.

(mythicalgames.com)

Web3

Twitch Co-Founder’s Gaming NFT Marketplace Expands to Polygon Network

Polygon Labs will also be making a "strategic investment" in Fractal, which aims to "build the future of gaming."

(Noam Galai/Getty Images)

Finance

Crypto Recovery Specialist Asset Reality Raises $4.91M to Hire Engineers, Expand Ops

The irreversibility of cryptocurrency transactions presents a unique challenge for recovering stolen assets. The seed funding round was led by Framework Ventures and other investors.

(PhonlamaiPhoto/Getty Images)

Web3

NFT Management Application Floor Acquires Data Platform WGMI.io

The move will make the Floor user experience more expansive by showcasing data to help educate traders.

(Passakorn Prothien/Getty Images)