NFTs

Non-Fungible Tokens (NFTs) are unique digital assets verified using blockchain technology, primarily on platforms like Ethereum. Unlike cryptocurrencies, NFTs are indivisible and cannot be exchanged on a one-to-one basis, ensuring each NFT is distinct and irreplaceable, much like a physical collectible. They have gained prominence in digital art, music, gaming, and other online communities for enabling proof of ownership and authenticity of digital creations. NFTs can represent anything from artwork and music to videos and tweets.

NFTs

Finance

NFT Software Firm Nameless Raises $15M to Expand Its Team

Mechanism Capital led the seed round at a $75 million valuation.

By Brandy BetzOct 28, 2021

Seed funding

Finance

New Adobe Photoshop Feature to Support NFT Verification on Marketplaces

Adobe will roll out a “prepare as NFT” option in preview by the end of the month.

By Eliza GkritsiOct 27, 2021

An artist working on Adobe Photoshop. (Firos nv/Unsplash)

Finance

Blockchain Game Companies Pen Open Letter to Valve: ‘Don’t Ban Web3 Games’

The developer booted the games from its Steam platform last month.

By Sebastian SinclairOct 27, 2021

Steam

Finance

WWE, Blockchain Creative Labs Ink Deal to Launch NFT Marketplace

The wrestling company will work with Blockchain Creative Labs to create NFTs capturing memorable moments from events such as WrestleMania and SummerSlam.

By Tanzeel AkhtarOct 27, 2021

A WWE Smackdown event in Portland.(Chris Ryan/Corbis via Getty Images)

Finance

Paradigm Leads $5M Seed Funding Round for Play-to-Earn Game AI Arena

Developer ArenaX Labs plans to launch the game in early 2022.

By Brandy BetzOct 27, 2021

Play-to-earn game AI Arena (ArenaX Labs)

Finance

Play-to-Earn Game Firm Sipher Raises $6.8M in Seed Round Co-Led by Arrington Capital

The funding will help speed up the development of Sipher’s soon-to-launch World of Sipheria play-to-earn game.

By Brandy BetzOct 26, 2021

Michael Arrington, founder of the TechCrunch blog.

Policy

Ant Group, Tencent Change NFT References to ‘Digital Collectibles’: Report

NFTs appear to be facing regulatory heat in China.

By Eliza GkritsiOct 25, 2021

People's Bank of China headquarters, Beijing. (Max12Max/Wikimmedia Commons)

Tech

NFTs and the Patronage Model

What PleasrDAO’s Wu-Tang experiment says about crypto and ownership.

By Will GottsegenOct 25, 2021

(Al Pereira/Michael Ochs Archives/Getty Images)

Finance

The Coming Convergence of NFTs and Artificial Intelligence

Building AI capabilities into the lifecycle of NFTs opens the door to forms of intelligent ownership, says the CEO of IntoTheBlock.

By Jesus RodriguezOct 25, 2021

(Gertrūda Valasevičiūtė/Unsplash)
Podcasts

Crypto News Roundup for Oct. 25, 2021

By Adrian Blust, Adam B. LevineOct 25, 2021

Weekend Story | The Short-Sightedness of Run-Amok Regulators
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