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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.
Azuki Raises $2.5M With NFT-Backed Golden Skateboard Sale
The anime-inspired NFT project auctioned off eight golden skateboards that can be burned for “physical backed tokens,” an experimental new concept that blends physical and digital goods.
Singapore High Court Says NFTs Can Be Considered Property
The Singapore High Court has said that NFTs meet certain legal requirements to be considered property, such as being distinguishable from other similar assets and having an owner who can be recognized by third parties. "The Hash" team weighs in on the ruling.
NFTs Can Be Considered Property, According to Singapore High Court Ruling
The judge issued this ruling as an explanation for the injunction he granted in May preventing any potential sale of a Bored Ape NFT.
Top Brands in Web3, NFTs and the Metaverse
From Nike to Budweiser to Tiffany, some of the most famous brands in the world are making big bets, and big money, with NFTs and other Web3 projects.
New NFT Marketplace Blur Is Courting Professional JPEG Traders With an Airdrop and No Trading Fees
The platform is backed by investment firm Paradigm and has launched to buzzy reception.
Warner Bros. Is Transforming the Original ‘Lord of the Rings’ Movie Into a Web3 Experience
The entertainment company has big plans to create a WB ‘Movieverse’ and adapt other films in its archives into multimedia NFTs.
State Securities Regulators Move to Shut Down NFT Scam Tied to Metaverse Casino
The action comes as states are increasingly joining forces to tackle crypto crimes.
Rarible 2 Introduces Major Updates to the Popular NFT Marketplace
The platform will now function as an aggregated NFT marketplace and establishes the RARI Foundation and new RARI governance token rewards.
Comic Con NY 2022 Blended Web3 and Pop Culture Fandoms
This year's pop culture pilgrimage continued to show similarities between traditional collectors and crypto natives.
IRS Includes NFTs in US Tax Language
The U.S. Internal Revenue Service (IRS) released an updated draft for its 2022 instructions for form 1040 filers that swaps the old category for "virtual currency" with broader new language on "digital assets," including an explicit recognition of NFTs. "The Hash" panel discusses the potential repercussions.