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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.
LinksDAO, the Online Community That Bought a Golf Course, Is Accepting New Members
The new tiers of membership offer various levels of access to the group's private Discord, network of peer-to-peer private courses and eventual entry to its Spey Bay Golf Club in Scotland.
Animoca Brands-Backed Game 'Wreck League' Puts Bored Apes Into the Storyline
The new game, launching in the next few weeks, will allow players to assemble giant robotic characters using collectible NFT parts.
More Money For Creators: NFT Minting Platform Zora Initiates New Revenue Split
The platform is now giving creators nearly half of the funds earned from free mints and all of the profits made from paid mints.
July Was a Terrible, No Good, Very Bad Month For NFTs, DappRadar Report Shows
NFT trading volume declined 29% and the number of sales dropped 23% from June, while Yuga Labs collections’ dominance slipped.
Beeple Goes Punk With $208K NFT Purchase
The artist behind the most expensive NFT ever sold bought his first-ever PFP, CryptoPunk #4593.
An F1 Team Might Take a Bored Ape Across the U.S. Grand Prix Finish Line
As a part of an ongoing partnership with the Williams Racing team, crypto exchange Kraken will allow fans to submit and vote for NFTs that will be displayed on cars during the U.S. Grand Prix in October.
Etihad Airways 'Horizon Club' Web3 Loyalty Program Will Let You Stake NFTs for Miles
Holders of its EY-ZERO1 NFTs will be able to lock up their assets to earn Etihad miles that can be redeemed on real-world flights and upgrades.
Yuga Labs Acquiring Roar Studios to Accelerate 'Bold Vision' for Otherside
The Roar team will "contribute their innovative technology, specialized expertise and leadership" to Yuga Labs as it continues its ambitious growth plans for their Otherside metaverse.
Fantasy-Sports Firm Sorare Looks to Increase Appeal by Diluting Crypto Association
While Sorare has over 5 million registered users, it is looking to fuel further growth by adding support for the U.S. dollar, euro and British pound.
Reddit Returns With New NFTs and Crypto Twitter Leaves Threads on Read
Reddit launched Gen 4 of its NFT Collectible Avatars while Amazon expanded its blockchain tools. Also, crypto influencers shared thoughts on Threads and indicated that they aren’t ready to leave Twitter just yet.
