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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.
Indian Superstar Amitabh Bachchan Pays Up After Tax Authorities' Action on Platform Hosting His NFTs
The platform, BeyondLife.club, was sent a notice by an Indian tax agency.
Bored Ape Yacht Club Owner Yuga Labs Raises $450M Led by A16z
Now valued at $4 billion, the company will use the funds to build out its NFT-based metaverse.
NFTs Are on ‘Ellen’ – This Time as Performers
The latest round of NFT airtime comes as mainstream attention on the tech remains high.
FTX Acquires Good Luck Games Amid Gaming Push
The developer of the upcoming card battle game "Storybook Brawl" will become a part of the newly formed FTX Gaming division.
Web 3 Users Won’t Own Hundreds of Assets
The commitment required to make Web 3 a success necessarily limits the projects someone can be involved with.
Polychain Capital Leads $22M Investment in NFT Appraisal Protocol Upshot
The project wants to bridge the worlds of DeFi and NFT.
Animoca, Coinbase Ventures Back $5M Seed Round for Metaverse Gaming Studio Block Tackle
The studio’s first release will be SkateX, where players can buy their own skateboard NFTs and vote on decisions about the game.
Abu Dhabi Free Zone Seeks Comments on NFT Rules
A consultation paper is looking to bring NFTs into the emirate's regulatory framework for virtual assets.
Cricket NFT Marketplace to Raise $100M in Series A Funding Round: Report
FanCraze is built on Flow, the same blockchain that hosts NBA Top Shot, the digital collectibles platform that won widespread popularity last year.
GameStop Says It Plans to Launch NFT Marketplace by End of July
The struggling video game retailer recently partnered with Immutable X to build out its NFT initiative.
