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NFT News

What are NFTs? NFTs explained in brief: Nonfungible tokens, or NFTs, are verifiably unique representations of digital and physical goods. Each NFT generally differs in makeup, and therefore likely differs in value as well. 

In the physical world, U.S. dollars are fungible. No value is forfeited if a person trades any given paper U.S. dollar for a different paper U.S. dollar. On the other hand, something such as artwork is generally nonfungible. The “Mona Lisa” is not of equal value to “The Persistence of Memory,” as both artworks are unique, deriving value as such. 

Based on distributed ledger technology, NFT crypto assets serve as a method of authentication for buyers of unique items, proving aspects such as ownership. NFTs became much more well known in 2020 and 2021. NFTs have potential for other use cases as well, such as companies tracking their internal resources or platforms verifying subscriptions and use.

Market Analysis
Altcoins have made big gains on the total market share of the cryptocurrency markets, but JPMorgan analysts have concerns.
JPMorgan sounds alarm over ‘frothy’ crypto markets after August boom
Brian Newar
2021-09-03T06:49:12+01:00
27648
News
After a successful fractionalization into DOG tokens, the total implied value of the original Doge meme NFT has gone through the roof.
Doge meme hits $220M valuation as Sotheby's Bored Apes auction is tipped to fetch $18M
Brian Quarmby
2021-09-03T05:43:56+01:00
10818
Altcoin Watch
A rapidly expanding ecosystem, lucrative staking opportunities and support for NFTs back the strong rebound in ZIL price.
NFT projects and high-yield opportunities back Zilliqa’s strong rebound
Jordan Finneseth
2021-09-02T18:05:00+01:00
14646
News
The market for nonfungible tokens, or NFTs, has grown exponentially over the past year. Now, users of Audius will be able to feature NFTs from the Solana ecosys...
Blockchain streaming platform Audius announces Solana NFT integration
Sam Bourgi
2021-09-02T15:00:00+01:00
12775
News
NBA star Stephen Curry snapped up a Bored Ape Yacht Club NFT worth $206,000, while Vine co-founder Dom Hofmann unintentionally created an NFT craze.
Nifty News: NBA star snaps up Bored Apes, and what is Loot playing at?
Brian Quarmby
2021-09-02T10:23:39+01:00
5613
News
OKEx is expanding its decentralized finance footprint with a DeFi Hub and a marketplace for creating and selling NFTs.
Crypto exchange OKEx launches DeFi hub and NFT marketplace
Erhan Kahraman
2021-09-02T10:00:00+01:00
4007
News
Benyamin Ahmed created and tokenized digital pictures of whale emojis and sold them in the form of NFTs during school vacation.
British tween earns almost $400K on NFT sales without a bank account
Arijit Sarkar
2021-09-02T09:39:49+01:00
29412
News
ICPunks clown-based collectibles are seemingly inspired by musical duo Insane Clown Posse and the early NFT project, CryptoPunks.
ICPunks to release 10,000 free NFTs in debut drop on the Internet Computer
Tom Farren
2021-09-01T19:18:39+01:00
106777

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