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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.
NFT Marketplace SuperRare Cuts Staff by 30%
CEO John Crain said the company overhired during the market upswing and could not sustain its growth in recent months.
NFT Collective Proof Signs With United Talent Agency
The company behind the popular NFT project Moonbirds hopes to expand its partnerships and grow its brand beyond a Web3-native audience.
Polygon Paid Top Solana Projects Y00ts and DeGods $3M to Migrate Chains
DeLabs, the company behind the NFT projects, received a non-equity grant from the layer 2 chain to fund its expansion.
Future of the BNB Chain
BNB Chain is one of the largest blockchains by daily active users, and the BNB ecosystem supports over 1,300 dapps across multiple categories, including DeFi, the metaverse, blockchain gaming and NFTs. BNB Chain Business Development Manager Alex Kim joins CoinDesk TV's Christine Lee from CES in Las Vegas to discuss the state of the BNB ecosystem in the wake of FTX's collapse and Huobi's recent layoff announcement.
How Smart TVs Could Help the Metaverse Crack the Mass Market
Web3 features are just beginning to appear on smart TVs, but they could become an on-ramp for general consumers.
Shopify Merchants Can Now Design, Mint and Sell Avalanche NFTs
The new integration streamlines the NFT process for buyers and sellers.
Web3 Builders Lose Dozens of High-Value NFTs in Back-to-Back Attacks
Nikhil Gopalani, COO of an NFT project owned by Nike, and CryptoNovo, a prominent NFT collector, lost NFTs estimated to have been worth hundreds of thousands of dollars to scammers.
Magic Eden Issue Leads to Fake NFT Listings, Will Refund Affected Users
An issue on the popular NFT marketplace allowed imposter NFTs to be added to high-priced collections like Y00ts and ABC.
2023 Predictions: The Year of Web3 Pets
Virtual pets have been around for decades, but with NFTs, we set to own our online cats and dogs this year, not just play with them, says Leah Callon-Butler.
