A mob-themed NFT collection has launched, but recent data suggests the nonfungible token market may already have peaked.
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.
Hit Trump where it hurts by buying his Tweets to help out charities, a new scheme to enable NFT purchasers to offset carbon emissions, and get yourself a piece of a Punk.8609
Solana price is pushing toward new highs as an increasing number of DApps, DeFi projects and stablecoins build platforms on the network.39131
Beatport will accept Bitcoin as a payment method starting this July and is launching an NFT range in the meantime.4598
The new marketplace is said to provide a more affordable option for artists launching digital artwork and other rare collectibles. It also lets them donate a portion of their proceeds to charities.7814
A multiblockchain game says it delivers a unique blend of DeFi and NFTs — and gives players a voice in the platform’s evolution through a distinctive governance system #Sponsored7391
Why do artists need NTFs, and what can be done with such tokens, besides buying and selling? Here is the future of NFTs and blockchain.18080
A platform that enables gamers to mine cryptocurrencies using their PCs is expanding into South Korea and is adding new features for its hundreds of thousands of users.26921
The highest bid is currently $8,988, with 12 people having made an offer for the musical NFT.15677
The indie NFT platform is bringing an artist-first ethos to its design and events.8694
The future is starting to look "Gattaca"-esque as bidding for a crypto user's DNA sequence begins.6687
NFTs are not an immediate solution to all IP rights issues, but eventually they can give creators more power than they ever had.21605
Crypto YouTuber EllioTrades and law professor Edmund Schuster debated the value of NFTs and the role of blockchain in digital collectibles.5459
Elrond price rallied to a record high as the project's pivot toward NFTs and DeFi attracts new users and investors.22672
A new project will leverage a satellite to study climate change and create and distribute NFTs.10265