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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.
Topps Is Swinging for Baseball Card NFTs Home Run
Topps has been making baseball cards for eight decades, but now they're going digital. The Series 1 NFT Collection will go live on the Wax blockchain later this month. CoinDesk's resident sports expert Zack Seward discusses the MLB's official entrance into the NFT market.
Wall Street NFTs? New York Stock Exchange Apparently Has an NFT Strategy
The world’s largest bourse has minted a batch of “first trade” NFTs. But they’re not for sale, according to a source with knowledge.
There's Certified Fair Trade Coffee, So How About Certified and Persistent NFTs?
As the hype dies down, the pressure is off to mint every NFT imaginable for a quick buck and the industry can turn its attention to less sexy but crucial foundational matters.
NFTs Meet NBA: Lakers’ Jamal Boykin Weighs in on the Top Shot Craze
NBA Top Shot is one of the hottest developments in the NFT marketplace and has gone mainstream. Los Angeles Lakers Assistant Coach Jamal Boykin weighs in on the NFT market in professional sports, and how players can make sure they’re not being taken advantage of.
Sotheby’s NFT Auction Gets Underway as the Art World Watches
The historic art auction house Sotheby’s is auctioning a new series of NFTs created by the anonymous digital artist Pak. Max Moore of Sotheby’s joins “First Mover” to discuss the decision to collaborate with Pak, the role of auction houses in the NFT marketplace and what buyers will receive when they purchase NFTs from Sotheby’s.
Topps to Launch Official MLB NFTs in Bid to Best NBA Top Shot
The baseball card company, fresh on the heels of announcing plans to go public, is launching official MLB collectibles on the Wax blockchain later this month.
Meitu Buys More Crypto; Hong Kong, Singapore Tease NFT Platforms
Chinese app-maker Meitu accumulates $100 million worth of crypto with its latest buy. Are they leading a trend of Asian firms spending their treasury beyond fiat options? And high fashion with blockchain big-vision: Hong Kong and Singapore announce their respective NFT trading platforms launching later this year.
Rare CryptoPunk NFTs Are Being Auctioned at Christie's
Historic auction house Christie's is selling nine rare CryptoPunk NFTs in May. "The Hash" panel discusses what's special about this collection and Christie's deepening involvement in the crypto space and NFT FOMO.
How to Navigate Crypto Earnings This Tax Season
Tax season is frustrating for everyone, but crypto investors have even more difficulty navigating complicated taxes. Eric Pierre, CEO of Pierre Accounting, joins “First Mover” to answer some common and new questions about crypto taxes, including what counts as a deduction, how to report crypto income and what to do about NFTs.