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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
The Eternal Beings team stated on Discord that Lil Uzi Vert has only temporarily walked back from the NFT project to work on his new album.
Eternal Beings NFT prices plunge after rapper Lil Uzi Vert deletes promo Twitter posts
Brian Quarmby
2021-09-30T01:47:52+01:00
10554
News
According to the DMCA, PolygonPunks would have had to have claimed its material "was removed or disabled through mistake or misidentification."
Cloned CryptoPunks are back on OpenSea marketplace after DMCA counter notice
Turner Wright
2021-09-29T18:30:00+01:00
7891
News
“We believe NFTs embody the promise of tokenization and represent a tipping point for its embrace by the mainstream,” said Ripple.
Ripple launches $250M fund for NFT creators
Turner Wright
2021-09-29T17:42:13+01:00
6600
News
Both companies are offering companies and individuals the chance to buy space on a lunar lander in the form of nonfungible tokens.
Copernic Space and Lunar Outpost target space commercialization via NFTs
Osato Avan-Nomayo
2021-09-29T14:00:00+01:00
2107
News
Dapper Labs will reportedly become the second-largest source of digital licensing revenue for the NFL Player’s Association as part of a deal to launch tokenized...
Dapper Labs to launch Top Shot for NFL as FTX signs Packers’ Aaron Jones
Brian Quarmby
2021-09-29T03:29:45+01:00
4913
Altcoin Watch
Coti’s price rallied to a new high after a series of partnerships, exchange listings and a pivot toward NFTs lure new investors to the project.
Stablecoin launch and NFT integration back Coti’s rise to a new all-time high
Jordan Finneseth
2021-09-28T22:05:00+01:00
9110
News
Together Labs partnered with Immutable X to facilitate carbon-conscious NFT activity within the IMVU ecosystem.
IMVU to integrate Immutable X for NFT gaming
Tom Farren
2021-09-28T16:00:00+01:00
4830
Sponsored
GameFi and NFTs continue to pave the way for the blockchain industry, creating a foundation ripe for innovation (and rare mythological creatures).
NFT and GameFi: The two biggest things in cryptocurrency and the foundation for this new blockchain project
Sarah Jansen
2021-09-28T14:40:00+01:00
5790

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