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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.

News
After a false start yesterday, the Stoner Cats team say they're now ready for take two.
NFT animation 'Stoner Cats' preps for launch following a delay
Turner Wright
2021-07-27T21:31:59+01:00
5331
Expert Take
Three design flaws in blockchain tech are holding the NFT sector back — and they need to be tackled for it to reach its full potential.
Blockchain tech is holding NFTs back because of these three design flaws
Phantom Seokgu Yun
2021-07-27T17:12:00+01:00
15565
News
Only 6.6% of the supply of the SPS token was reserved for the private sale. Purchasers are subject to a minimum 10-month vesting period.
NFT-based game Splinterlands raises $3.6M via private token sale
Sam Bourgi
2021-07-27T14:53:08+01:00
16010
News
Yahoo Japan collaborates with messaging giant Line to enable secondary trading of NFTs issued on Line’s proprietary blockchain.
Yahoo Japan works with Line to launch NFT trading
Helen Partz
2021-07-27T11:42:48+01:00
4407
News
Masterpieces from Leonardo da Vinci, Vincent van Gogh, Claude Monet, and Giorgione will be tokenized for auction via Binance’s NFT marketplace next month.
Binance and Russian museum to tokenize Da Vinci and Van Gogh paintings
Samuel Haig
2021-07-27T06:26:00+01:00
6505
News
The Chicago Bulls have launched an NFT drop via Shopify, with the e-commerce platform having recently integrated Sweet's NFT marketplace.
Chicago Bulls team up with Shopify to launch NFT series
Brian Quarmby
2021-07-27T06:16:51+01:00
3855
Analysis
With NFTs, the future of art is in the palm of your hand. Here is a look at the topmost famous artists getting into NFTs right now.
The future of art? World-famous artists delve into NFTs
Jinia Shawdagor
2021-07-24T14:37:00+01:00
10204
Opinion
NFTs and social tokens are not Bitcoin or Ether, but interaction between celebrities and their fans raises people’s awareness about the space.
Bull or bear market, creators are diving headfirst into crypto
Kevin Chou
2021-07-23T16:13:00+01:00
6953

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