Please note, this is a STATIC archive of website cointelegraph.com from 17 Oct 2021, cach3.com does not collect or store any user information, there is no "phishing" involved.

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.

News
NFT collector Pranksy has been refunded the 100 Ether he spent on a digital artwork fraudulently claiming to have been composed by popular artist, Banksy.
NFT whale 'Pranksy' pranked by fake Banksy for 97.7 ETH
Samuel Haig
2021-09-01T07:00:12+01:00
6982
News
PleasrDAO will offer exposure to the Doge NFT via 16,969,696,969 fractionalized ERC-20 tokens named “$DOG”.
Original $4M Doge NFT meme auctioned off in 17 billion pieces
Brian Quarmby
2021-09-01T05:09:55+01:00
8407
News
Larva Labs’ blockchain-created IP is set for Hollywood after the firm signed a representation deal with United Talent Agency for CryptoPunks, Meebits and Authog...
CryptoPunks creators sign with top Hollywood agents as sales top $305M in a week
Brian Quarmby
2021-09-01T02:19:43+01:00
14772
Altcoin Watch
Attractive staking options, gameplay teasers and the overall strength of the NFT sector back the massive rally seen in ILV price.
Illuvium hits new highs as interest in NFT-based blockchain gaming skyrockets
Jordan Finneseth
2021-08-31T22:00:00+01:00
19952
News
Demand for noncustodial wallets continues to surge amid the DeFi and NFT booms. MetaMask has been a primary benefactor, as active monthly users have grown 19-fo...
MetaMask surpasses 10M monthly active users as DeFi continues to surge
Sam Bourgi
2021-08-31T14:00:00+01:00
5025
News
Cory Van Lew, the digital artist behind Mike Tyson’s NFT collection, will drop his iHeartMedia-inspired lineup on Sept. 14.
iHeartMedia plans NFT giveaway ahead of major music festival
Sam Bourgi
2021-08-31T14:00:00+01:00
3805
News
Osaka has been in talks with her agent about cryptocurrencies after reading about Dogecoin on Twitter.
Tennis star Naomi Osaka shows interest in Dogecoin, launches NFT
Arijit Sarkar
2021-08-31T10:45:36+01:00
9019
News
The new fund, Starry Night Capital, plans to exclusively invest in “the most desired” NFTs on the market.
Three Arrows Capital executives launch NFT fund
Brian Quarmby
2021-08-31T07:07:12+01:00
4532

Follow us on Facebook