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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.
Three Arrows Wanted a $100M NFT Collection. Instead, It’s Worth Less Than $5M
The company had dreams of institutional interest in non-fungible tokens. But as the firm declares bankruptcy, the NFT collection is worth a paltry sum. One investor has written off its entire investment in the "Starry Night" fund.
What's Your NFT Really Worth? This Man Is Using AI to Find Out
Nikolai Yakovenko has harnessed the power of machine learning for everything from professional baseball to human genomics. Now he’s coming for NFTs.
Reddit Launches Polygon-Based 'Collectible Avatar' Marketplace
The images can be stored or managed on company-owned blockchain wallet Vault.
Bitmark Raises $5.6M, Launches Interoperable NFT Wallet
The wallet, named “Autonomy,” is looking to bridge the gap between mainstream art collectors and the world of NFTs.
Polygon Joins Solana in Bringing Web3 to Smartphones
Tech startup Nothing has tapped the Polygon network to offer NFTs on its new phone.
Meta Affirms Digital Collectibles Plan Despite Crypto Crash: Report
New fintech head Stephane Kasriel said the company's plans to bring NFTs to its users have not changed "in any way."
Crypto World Is Cautious of Finer Details In EU's MiCA Law
Web3 advocates are cautiously welcoming Europe's new law, but must first resolve its paradoxes – like when is a non-fungible token fungible?
Meta Begins Testing NFT Integration on Facebook
The testing of NFTs on Facebook follows a series of pilot integrations on Instagram in May.
EU Agrees on Landmark Crypto Authorization Law, MiCA
The world’s third-biggest economy wants the Markets in Crypto Assets Regulation to protect investors and set up strict standards for stablecoin issuers.
