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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.

Altcoin Watch
Waves price swelled to a new all-time high as NFT airdrops and exchange listings attracted new users to the project’s growing ecosystem.
NFT gaming and a tsunami of trading volume lift Waves to a new all-time high
Jordan Finneseth
2021-04-09T21:00:00+01:00
18712
Analysis
Ether remains close to the $2,000 mark after breaking its all-time-high at around $2,150, but what has driven its growth?
Ether price takes on Bitcoin — What’s behind the sharp rise in demand?
António Madeira
2021-04-08T18:13:28+01:00
25957
Analysis
Not to derail the hype train, but NFTs might not be as nonfungible as you think.
The chicken or the egg: Why NFTs could be fungible after all
Greg Thomson
2021-04-08T12:40:03+01:00
5847
News
Paris Hilton is bullish on nonfungible tokens and thinks the pandemic “illuminated the importance of digital worlds — and NFTs.”
Paris Hilton drops surprisingly well-informed article about NFTs
Brian Quarmby
2021-04-08T06:25:56+01:00
27891
News
The billionaire has proposed using NFTs during Dallas Mavericks games and is a major investor in the marketplace Mintable.
Mark Cuban says NFTs could disrupt electronic signature firms
Turner Wright
2021-04-07T23:00:00+01:00
8288
News
A government-run token exchange could be on the horizon for the United Arab Emirates
UAE minister of economy: Crypto & tokenization “key” to doubling GDP
Andrew Thurman
2021-04-07T18:53:00+01:00
18429
News
Autograph will target some of the world's biggest names in sports, entertainment, fashion and pop culture.
Football star Tom Brady to launch his own NFT platform
Helen Partz
2021-04-07T13:20:52+01:00
10687
Use Case
Counterfeiting, piracy and copyright infringement are all big problems in the digital realm. Could turning products into NFTs help solve some of these issues?
Are we just scratching the surface when it comes to what NFTs are capable of?
Connor Sephton
2021-04-07T10:33:00+01:00
11056

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