Opinion
NFT digital art sales generate headline after headline, though this is not the real mass-market use of this novel technology.
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NFT News
What are NFTs? NFTs explained in brief: Nonfungible tokens, or NFTs, are verifiably unique representations of digital and physical goods. Each NFT generally differs in makeup, and therefore likely differs in value as well.
In the physical world, U.S. dollars are fungible. No value is forfeited if a person trades any given paper U.S. dollar for a different paper U.S. dollar. On the other hand, something such as artwork is generally nonfungible. The “Mona Lisa” is not of equal value to “The Persistence of Memory,” as both artworks are unique, deriving value as such.
Based on distributed ledger technology, NFT crypto assets serve as a method of authentication for buyers of unique items, proving aspects such as ownership. NFTs became much more well known in 2020 and 2021. NFTs have potential for other use cases as well, such as companies tracking their internal resources or platforms verifying subscriptions and use.
- Opinion
The gaming ecosystem is set to become more community-driven with the help of decentralized tech, empowering creators and coders.
14921 - Opinion
Goodbye Spotify, music nonfungible tokens have arrived: Reimagining the music streaming model in the Web 3.0 era.
17026 - Analysis
Facebook’s metaverse plans have caused discomfort in the crypto community, but there’s every reason to believe in a decentralized future for metaverses.
23472 - Opinion
Nonfungible tokens could be a step toward new social interactions, a notion that might not be as far-fetched as it sounds.
5072 - Sponsored
Shaped by computer entertainment, a now growing population of digital citizens seek social and economic gameplay opportunities.
6212 - Sponsored
NFTs are the new darling in the world of gaming, transforming it into an entirely different universe.
3146 - News
A blend of contemporary popular culture, nostalgia and empowerment will be the main themes of the NFT exhibit.
1743 - News
Major Japanese cryptocurrency exchange Coincheck launched its own NFT marketplace back in March 2021.
3105 - News
According to the game's developers, it's the largest sum ever paid for virtual real estate.
15806 - Analysis
Holiday-themed NFTs and Black Friday crypto deals are sure to be appetizing conversation starters this Thanksgiving, but how will these offerings be received?
7690 - Sponsored
New blockchain games prove the technology’s ability to demonstrate accountability, providing fairness and exciting gameplay for all players.
2249 - News
According to a new report from Grayscale, the rate of active metaverse users increased 10x between the start of 2020 and June 2021.
41561 - News
Celsius CEO Alex Mashinsky said that the oversubscribed $750-million funding round was a “very good indication” of the strength of the company’s lending and yielding brand.
10523 - News
The attack is the latest in a long string of exploits targeting users on Discord with fake “stealth” NFT drops.
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