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.


Opinion

The Pitfalls of 'Community-as-Company'

When a faulty smart contract cost the Akutars NFT collection nearly $35 million, project leaders said they'd bail it out.

Credit: Akutars (Edited by CoinDesk)

Finance

Maaria Bajwa: 'People Like to Root Against the Winners'

Bajwa once got wise advice from a mentor: To be valuable to your venture firm, you must have “domain expertise that no one else has.”

(Maaria Bajwa, modified by Kevin Ross/CoinDesk)

Finance

OpenSea Eyes ‘Pro Experience’ With Acquisition of NFT Aggregator Gem

The deal comes just weeks after controversy surrounding one of Gem’s pseudonymous developers.

(OpenSea/CoinDesk, modified by PhotoMosh)

Tech

NFTs Stolen After Bored Ape Yacht Club Instagram, Discord Hacked

A fraudulent "mint" link was sent to followers. Some appear to have taken the bait.

A selection of Bored Apes, one of the best-selling NFT avatar series.

Finance

Julie Pacino: Eliminating Middlemen in Film

“The market is going to decide what’s good, not some dude in a suit.”

(Julie Pacino, modified by Kevin Ross/CoinDesk)

Finance

NBA Top Shot Whale Launches NFT Lending Platform With $4.5M in Funding

Flowty is a peer-to-peer NFT lending platform built on the Flow blockchain.

(Mick Haupt/Unsplash)

Finance

OpenSea Suspends Trading of Sand Vegas Casino Club NFTs

Gambling Apes NFTs promised a cut of the profits from casinos built on metaverse platforms and Web 2.

(Randy Faris/Getty Images)

Finance

These ‘Utility NFTs’ Look to Gamify Rainforest Protection

The AEternals NFT project offers a crypto-native way to protect plots of land in the Amazon rainforest.

(Vlad Hilitanu/Unsplash)