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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.
Russian Artists to Sell NFTs to Support Journalists Under Pressure
Russian digital artists will sell NFTs to support Meduza, a media outlet designated as a "foreign agent" by the Kremlin.
Artists Who Now Make a Living Because of NFTs
For artists living in remote parts of the Philippines, the rhetoric of NFT empowerment isn't empty buzzwords.
Aston Martin, Snoop Dogg, Lionel Richie Partner with Crypto.com to Launch NFTs
Crypto.com has collaborated with Aston Martin, Snoop Dogg, and Lionel Ritchie to create NFTs on its new platform, Crypto.com/NFT. The platform aims to offer NFT newcomers a user-friendly platform to purchase unique content from top athletes, celebrities, musicians, and more. Crypto.com's global head of NFTs, Joe Conyers, joins "First Mover" to discuss the launch.
How Soon Will NFTs Become the New Norm?
During an “NFT All Stars” keynote session at Consensus 2021, Noah Davis, a post-war contemporary art specialist at Christie’s, and $WHALE founder Whaleshark discuss the future of non-fungible tokens’ role in society.
Christie’s Auction House Exec: NFTs Are the ‘Art World’s Napster'
"It could be that disruptive to the way people do business," said Noah Davis, Christie's point person on NFTs, at Consensus 2021.
TechCrunch Founder's Apartment to Be Sold as NFT
Michael Arrington’s real estate-backed NFT will be sold through blockchain platform Propy.
Sirgoo Lee Says Upbit Looking to Expand Exchanges in Southeast Asia
During a discussion at Consensus 2021, Sirgoo Lee, CEO of Dunamu, Upbit’s parent company, talked about the South Korean crypto exchange’s plans for the future regarding regulation, NFTs (non-fungible tokens) and expanding overseas.
Monetizing Genomic Data Is the Latest Use Case for NFTs
While NFTs are most widely known for popularity with artists, they are expanding into other areas.
BT, Trance Trailblazer, Unveils 24-Hour Crypto Artwork
BT, a pioneer of electronic music, has created one of the most complex pieces of crypto art to date.
OneOf Raises $63M in Seed Funding to Build Music NFT Platform on Tezos
The firm says that by building on Tezos it can provide a more environmentally sustainable marketplace.
