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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.

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
5791
Market Analysis
SOL's futures open interest recently hit $1 billion and while the recent price swing liquidated leveraged longs, data suggests the short-term top is not a beari...
Derivatives data suggests Solana has reached a short-term top
Marcel Pechman
2021-09-25T20:45:38+01:00
22868
Expert Take
A green post-COVID-10 recovery in accordance with the United Nations’ 17 Sustainable Development Goals is possible with blockchain and NFTs.
Charitable sustainable NFTs for the United Nations’ 17 SDGs
Selva Ozelli
2021-09-25T11:13:00+01:00
4717
Opinion
The decentralized, disintermediated and borderless blockchain networks challenge regulators, but DeFi is the future of finance.
DeFi: Who, what and how to regulate in a borderless, code-governed world?
Jane Thomason
2021-09-25T08:16:00+01:00
8461
Sponsored
With a Cryptopunk in their Treasury, this NFT game plans to open a post-apocalyptic world divided into four factions to new and experienced players.
An NFT game strives to unite utility with assets in a post-apocalyptic world
Sarah Jansen
2021-09-24T15:00:00+01:00
9501
Sponsored
Leveraging blockchain technology and partnerships with Polygon and Chainlink, one online poker platform is positioning itself to reach new audiences with guaran...
Akon gives the play-to-earn poker platform a shoutout for being the next wave of gaming
Sarah Jansen
2021-09-24T10:48:00+01:00
11805
Video
“The Market Report” with Cointelegraph is live right now with special guest Eric Krown, a professional crypto trader.
BTC crash: Was it actually Evergrande? | Watch The Market Report live w/ Eric Krown
Cointelegraph
2021-09-23T17:00:00+01:00
8035
News
Following the $250-million funding round, Dapper Labs intends to launch more licensed collectibles in music, entertainment and other sports codes.
Sports-themed NFTs spark gold rush as projects raise $930M in a week
Brian Quarmby
2021-09-23T04:01:39+01:00
12931

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