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.


Opinion

Profile Pic NFTs Are Suffocating Crypto Art

Bored Apes and other "PFPs" have turned digital fine arts into a zoo.

(Bored Ape Yacht Club, modified by CoinDesk)

Finance

Popular Denim Brand Diesel to Drop First NFTs on Rarible

The Italian company known for its jeans is the latest fashion brand to debut its own collection of NFTs.

Looks from Diesel's Fall Winter 2022 Fashion Show. (Diesel)

Finance

First DOGE, Now ‘Meataverse’: Slim Jim Trademark Filings Reveal Metaverse Plans

The beloved meat stick brand is taking its “Long Boi Gang” deeper into Web 3.

(Daniel Acker/Bloomberg via Getty Images)

Opinion

The NBA’s Web 3 Innovation Dilemma

The pro basketball league led the way with NBA Top Shot. But is it ready for the bigger implications of Web 3 for fan engagement and ownership?

NBA Top Shot (Dapper Labs)

Layer 2

Virtual Beers and Digital Orgasms: Welcome to the Age of Metaverse Commerce

Executives from Adidas, Budweiser, Clinique, NARS Cosmetics and other big consumer brands explain why the metaverse is “seismic” for their businesses.

(Rachel Sun/CoinDesk)

Finance

UNXD Raises $4M to Bring Luxury Fashion to the Metaverse

The raise included participation from prominent metaverse investors Animoca Brands and Polygon Studios.

Some of the Dolce & Gabbana items in the NFT collection. (UNXD/Dolce & Gabbana/German Larkin)

Finance

Ukrainian Boxer Wladimir Klitschko Releases NFT Collection to Support Relief Effort

All proceeds will be donated to the Ukraine Red Cross and UNICEF as Russia’s invasion continues.

Wladimir Klitschko (Andreas Rentz/Getty Images)

Finance

World of Women Teams Up With The Sandbox for $25M Inclusivity Push

The new WoW Foundation will use the funding to invest in education and mentorship to increase female participation in Web 3 and the metaverse.

{World of Women}

Finance

A New NFT Grouping Is Born: Minorities Promoting Their Cultures

Jews, turbaned male Sikhs, and hijab-wearing women are the first to explore digital extensions of their identities.

MetaSikhs (courtesy Amar Bedi)