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.

Finance

NFT Collective Proof Raises $50M in Funding Round Led by a16z

The funds will help the company launch its latest Moonbirds NFT collection and a social platform for NFT collectors.

By Elizabeth NapolitanoAug 30, 2022

Finance

Alchemy-Backed Blockchain Company Contribution Labs Raising $3M in Equity Sale

The startup developed Mint Kudos, which lets communities offer tokenized badges as rewards for participation.

By Brandy BetzAug 30, 2022

Unizen has received $200 million from alternative investment group Global Emerging Markets. (Shutterstock)

Layer 2

The Sex Club, Tokenized

Daniel Saynt’s Manhattan sex club has plans for NFT membership and its own NSFW token. This piece is part of CoinDesk's Sin Week.

By Lindsey EllefsonAug 30, 2022

Finance

NFT Security Startup Tokenproof Raises $5M to Keep JPEGs Safe From Scammers

“A lot of people talk about the utility of NFTs, but there hasn't been the rails for the infrastructure to be able to unlock that utility in the real world,” Alfonso Olvera, CEO of Tokenproof told CoinDesk.

By Cam ThompsonAug 30, 2022

Blue chip NFTs on display (Danny Nelson/CoinDesk)

Videos

Metaverse Takes Center Stage at MTV VMAs with Snoop Dogg, Eminem

Snoop Dogg and Eminem performed at the MTV VMAs taking inspiration from Yuga Labs’ upcoming metaverse gaming platform “Otherside.” Separately, K-pop girl group Blackpink won the Best Metaverse Performance award. “The Hash” team discusses how the metaverse is going mainstream.

Aug 29, 2022