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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.
What You Own When You Own an NFT
Following an all-out bash of SpiceDAO's plans to make a version of "Dune" "public," it's worth reflecting on copyright in crypto.
Mechanism Capital Launches $100M ‘Play-to-Earn’ Gaming Fund
The firm is tapping former Apple App Store manager Steve Cho to help lead the fund.
Animoca Brands Leads $8M Fundraising Round for NFT Platform Built on Solana
The funding will go toward expanding Burnt Finance’s headcount and tapping new partnerships with artists and other Solana-based projects.
Land Prices Surge on Cardano Metaverse Project Pavia
Over 60% of 100,000 virtual land plots have sold on Pavia, with the remaining set to go under the hammer later this quarter.
Walmart Preparing a Metaverse Push, Trademark Filings Show
The retail giant may also be planning to create its own cryptocurrency and NFTs.
Hulu Targets ‘Streamers of Tomorrow’ as It Seeks Candidates With Metaverse, NFT Backgrounds
The streaming platform’s Jan. 14 job listing signaled an interest in crypto tech.
Market Wrap: Bitcoin Trading Volume Dips; Dogecoin Rallies
DOGE is up 20% over the past week, compared to a 3% rise in BTC.
Crocs Is Chomping Into NFTs, Trademark Filings Show
The footwear brand staked its name claim on NFT shoes, bags and accessories in a Jan. 11 USPTO filing.
Parler Launches ‘Trump Legacy’ NFT Collection
The move follows an announcement last month by former First Lady Melania Trump that she would be releasing her own NFT collection.
Channel Wants Content Creators to ‘Squad Up’ via Web 3
Three crypto-oriented content creators are merging businesses for a self-funded “decentralized media organization.”
