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.


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What Are NFTs and How Do They Work?

NFTs are crypto assets that grant gamers and collectors ownership over their digital items.

(klyaksun/Shutterstock)

Finance

Diplo Joins Nas With NFT Drop on Tokenized Royalties Platform Royal

The Grammy-winning DJ will be releasing his new single on the Polygon-powered site.

Diplo (Dave Benett/Getty Images for Ned's Club)

Policy

Next 24 Hours Crucial for EU Crypto Law as Officials Debate Emissions, DeFi, NFTs

Lawmakers will make a final call on banning Bitcoin-style validation and consider how to treat decentralized finance.

European Union flags at Berlaymont building of the European Commission in Brussels, Belgium (Santiago Urquijo/Getty)

Finance

Sotheby’s Expands NFT Arm With Liverpool FC Partnership

The iconic football club becomes the latest English Premier League squad to enter the NFT game.

(Matthew Ashton/Getty Images)

Layer 2

Don’t Blame NFT Artists for Mining’s Environmental Cost, Says Researcher Kyle McDonald

Responsibility for Ethereum’s climate impact lies with institutions, not individuals, argues the emissions dashboard creator.

(Kyle McDonald)

Finance

SportsIcon to Open Metaverse Where Athletes Can Interact With Fans

A public land sale for Sports Metaverse will take place in June, when it officially goes live.

(Vasyl Shulga/Shutterstock)

Learn

What's the Story Behind Bored Ape Yacht Club Creator Yuga Labs?

The organization has become a household name in the crypto industry following the immense success of its BAYC NFT collection.

(Bored Ape Yacht Club, modified by CoinDesk)

Finance

Crypto Lender Nexo Spins Out $150M Venture Arm for Web 3 Investments, Acquisitions

Nexo Ventures will be active in Web 3, decentralized finance innovation, NFTs, metaverse and GameFi.

money