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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.
Upshot’s NFT Appraisal Protocol Nabs $7.5M From CoinFund, Framework
The peer prediction startup is trying to add some nuance to the wildly-priced world of NFT valuation.
Paradigm, 3LAU Back $7.6M Raise for ‘NFT Social Network’ Showtime
Showtime was co-founded by Alex Masmej, the man known for tokenizing himself.
The 5 NFT Trends to Watch
Sales of NFTs are slowing but the impact of the technology is only just being felt, says ConsenSys' fintech co-head.
Personal, Customizable Avatars and the Future of NFTs
Genies, an avatar startup application, raised $65 million in an investment round led by crypto powerhouses, including Dapper Labs and Coinbase Ventures. "The Hash" panel discusses the next phase of NFT mania and how the ideas and technology behind NFTs can be used in an increasingly digital virtual world.
IoT Privacy Company IoTeX Is Envisioning the Future of NFTs
“Proof of Presence” is one way NFTs could evolve.
EBay CEO Hints at Crypto Payments, NFT Sales
But don’t hold your breath: “We have no immediate plans,” a spokesperson said of crypto payments following Jamie Iannone’s appearance on CNBC.
‘AWS for Blockchains’ Alchemy Raises $80M In Latest Funding Round
Alchemy, a platform powering decentralized finance (DeFi) projects including top NFT marketplaces, has closed an $80 million funding round. Alchemy’s value is now over $500 million. CEO Nikil Viswanathan joins “First Mover” to discuss Alchemy’s services, its plans for the future, and whether it plans to go public.
Secret Network Raises $11.5M to Further Privacy and App Development
The position continues a string of ongoing interest in privacy-protecting tech.
'Disaster Girl' Meme to Batman Artist Highlight NFT Interest Still Trending
Zoe Roth, the now 21-year-old subject of "Disaster Girl," sold an NFT of the meme for approximately $500K worth of ether. "The Hash" panel discusses the famous meme and talks about who is buying NFTs. Plus, how new Batman NFTs raise questions about the intellectual property rights surrounding NFTs.
Iran's Bitcoin Bet and the Money Wars to Come
Iran's push to license bitcoin mining could help it evade U.S. sanctions. But the plan is likely to help some of its people more than others.
