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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.
NFT Punks With the FU Money
Michael Casey visits NFT.LA and finds permissionless innovation in the capital of storytelling.
Twitch Co-Founder’s Gaming NFT Marketplace Raises $35M
Fractal is ramping up development with the help of big-name backers.
Citi Sees Metaverse Economy as Large as $13T by 2030
The virtual world could be the next generation of the internet, the bank’s analysts said in a report.
BAYC Says Discord Briefly Compromised, Tells Users to Avoid Discord for Minting APE NFTs
A ticket tool on Discord was briefly compromised and caught by the BAYC team in early Asian hours on Friday. It also affected other NFT projects.
OpenSea Exec Who Quit After ‘Insider Trading’ Scandal Is Back With NFT Platform
Two pitch decks seen by CoinDesk show that OpenSea’s former head of product, Nate Chastain, is building a platform to simplify the NFT discovery process.
DeFiance Capital, Delphi Digital Co-Lead $6M Round for ‘Crypto Raiders’ NFT Game
The makers of the Polygon-based role-playing game prefer the term “play-to-own” over “play-to-earn.”
Visa Program to Help Creatives Build Their Businesses With NFTs
Selected creators will participate in a one-year NFT immersion program.
OpenSea Closing In on Support for Solana NFTs
The move could give Solana NFTs, still a sliver of the market compared to Ethereum collectibles, a shot in the arm.
First Metaverse Fashion Week Trends, Misses: 'Phygital' Is in Vogue
After four days and over 2,000 NFTs sold, the first ever virtual fashion week is officially in the digital books. Giant global brands like Estée Lauder, Forever 21, Tommy Hilfiger and many others flocked to the ambitious, crypto convention in Decentraland where "phygital" goods are the new trend of the season. CoinDesk's Doreen Wang reports on the hits and misses.
