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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.
Why People Are Talking About This ‘Elephant in the Room’
New York-based fine artist Christopher Florentino joins “First Mover” to discuss “The Elephant in the Room,” an NFT on auction with Nifty Gateway. Flore talks about the charity this sale will benefit from, his inspirations behind his artwork and his transition from physical art to the NFT world.
Whale Shark's NFT Collectors Playbook
Whale Shark has bought 210,000 NFTs, including some well-known ones. Here's how he thinks about the market.
Your NFT Tax Questions, Answered
Now that the IRS has extended the filing deadline to May 17, NFT investors have more time to get their taxes in order.
World’s First NFT House Sells for $500K
The world’s first NFT house, designed to be uploaded to the metaverse, has sold for $500K. “The Hash” panel weighs in on NFT mania that shows no signs of stopping and where NFTs fit into the virtual reality space.
Dapper Labs Taps Alchemy to Give Boost to Blockchain Powering NBA Top Shot
Flow’s NBA Top Shot accounts for more transactions than all the other NFT projects combined.
South Korea’s Largest Social Gaming App to Mint Low-Carbon NFTs for Millions of Users
NFTs have been a controversial topic of late due to their large carbon footprint caused by a proof-of-work consensus mechanism.
Tron Founder Justin Sun Wins $6M Beeple in 'Green' NFT Auction
After narrowly losing out to MetaKovan in the $69M Beeple NFT auction earlier this month, Justin Sun has finally gotten his hands on his own Beeple NFT. Proceeds from the auction benefit Open Earth Foundation, an environmental charity. "The Hash" panel breaks down what Sun's purchase says about the current state of the non-fungible token market.
Jack Dorsey’s First Tweet NFT Sells for $2.9M
Jack Dorsey’s very first tweet has been sold at auction for $2.9M. The Twitter founder promised to donate the proceeds of the non-fungible token auction to charity. “The Hash” panel debates whether making NFTs of tweets is here to stay, and the pros and cons of putting social media posts on the blockchain.
Crypto.com Launches NFT Platform With Content From Snoop Dogg, Lionel Ritchie and More
The exchange announced the launch Tuesday, claiming it will be the "world's largest and most user-friendly NFT platform."
