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.


Layer 2

Web3 Is Still Censoring Sex Workers

Internet decentralization has not stopped the shadow-banning of sexual images, adult performers say.

"NO STRINGS ATTACHED" (Cryptonatrix/cryptoart.io)

Policy

EU's MiCA Crypto Law Text Ready Within 6 Weeks, Lead Lawmaker Says

A political deal struck in June left many still scratching their heads about whether licensing rules will apply to non-fungible tokens

The EU tentatively agreed its crypto law MiCA in June. (Constantine Johnny/Getty Images)

Policy

FASB Crypto Accounting Review Won’t Include NFTs, Certain Stablecoins: Report

The accounting standards body outlined its criteria for crypto assets that would be covered by a forthcoming rule regarding companies and their digital assets.

FASB described which crypto assets would be included in a forthcoming accounting rule. (Getty Images)

Finance

‘Beer With Bill Murray’ NFT Sells for $185K in ETH at Charity Auction

The NFT sold on Coinbase's NFT marketplace prompted a bidding war Wednesday in an effort to raise money for charity.

Bill Murray's charity auction sparked a bidding war (Coinbase)

Videos

a16z Proposes Solution to Licensing Problem for NFTs

Andreessen Horowitz's crypto arm wants to establish an industry standard for NFTs by offering free licensing options in an approach similar to Creative Commons. "The Hash" panel discusses what this means for NFT distribution and intellectual property rights.

Recent Videos

Finance

Ticketmaster Partners With Blockchain Firm Dapper Labs to Issue NFTs for Live Events

The ticket giant recently added a digital wallet feature and marketplace to its website. 

Ticketmaster has partnered with Dapper Labs to create live-event NFTs. (Unsplash/Dylan Mullins)

Finance

A16z Wants to Standardize NFTs by Giving You a License for Your Token

Andreessen Horowitz's crypto arm is releasing a free licensing system, aiming to help the NFT sector fulfill its "economic potential."

Andreessen Horowitz's Chris Dixon during TechCrunch Disrupt San Francisco 2019. (Steve Jennings/Getty Images for TechCrunch)

Finance

An NFT Marketplace Is Letting Buyers Avoid Royalty Payments. Creators Aren’t Pleased

The popular NFT marketplace X2Y2 announced it will no longer make buyers pay royalties on certain NFT purchases, sparking debate on the importance of such payments to the industry.

The original Bored Ape Yacht Club NFT collection features right-facing cartoon apes. (Yuga Labs)

Policy

What to Expect From the UK’s Royal Mint NFT Collection

Tokens endorsed by the U.K. government must come with perks to succeed, industry members say.

The U.K. wants to crack down on illicit crypto activity. (Simon Frederick/Unsplash)