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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.
Reddit Avatar Tokens Set Minting Record
Collectible Avatars, a set of art tokens based on the Polygon blockchain by social network Reddit, set a minting record of more than 255,000 unique avatars on Saturday, data queried by Dune Analytics shows. "The Hash" hosts discuss the latest in the world of NFTs.
Crypto.com’s CRO Surges as It Launches World Cup NFTs With Coca-Cola
10,000 NFTs will be hosted on Crypto.com’s blockchain based on "heatmaps’"from World Cup matches.
Most Influential Artist: Ravi Vora
The Los Angeles-based photographer captured Gary Vaynerchuk and Vayner3 President Avery Akkineni.
Malta Seeks to Remove NFTs From Crypto Law
The move anticipates new EU legislation by excluding non-fungible assets.
Let’s Get 'Phygital': Combining the Physical and Digital in Web3
The new portmanteau speaks to experiences that bridge the gap between the virtual and the real world, like sneakers that exist in both the metaverse and on your feet.
Magic Eden Launches Protocol to Enforce Creator Royalties
The top marketplace for Solana NFTs had moved to an optional creator royalty model in October.
Coinbase Disables Mobile NFT Transfers, Citing Apple’s App Store Policies
The exchange said Apple is demanding it pay a 30% tax on gas fees used to transfer NFTs.
NFTs IRL: How Digital Collectibles Are Forging Offline Experiences
From solving problems in the hospitality industry to organizing intimate gatherings for music fans, brands are finding new ways to use non-fungible tokens for real-world perks.
NFT Trading Goes Live on Uniswap With $5M Airdrop
The decentralized exchange is giving the funds to past users of Genie, the NFT marketplace aggregator it acquired in June.
