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.

Videos

Why did Square Buy a Majority Stake in Jay-Z’s Tidal Music Streaming Service?

Square purchased a majority stake in the music streaming platform Tidal, creating another partnership between Jay-Z and Jack Dorsey. Could future NFTs be a factor? Or is this more about cutting out the middlemen and creating a decentralized music streaming service? “The Hash” panel weighs in.

Mar 4, 2021

Videos

Banksy Art Burned to Be Re-Sold as an NFT: Absurdity or Artistic Statement?

A group of crypto enthusiasts have burned a $100K Banksy artwork, planning to turn the piece into a non-fungible token (NFT) and auction it off for charity. CoinDesk reporter Ben Powers raises the question: "If everything is an NFT, is anything an NFT?" "The Hash" panel debates.

Mar 4, 2021

Markets

Associated Press Auctions NFT in Spirit of 2020 US Election

The NFT's artwork depicts the electoral college map as it might be seen from space using AP's election data.

By Sebastian SinclairMar 4, 2021

Markets

Banksy Work Physically Burned and Digitized as NFT in Art-World First

A group of crypto artists bought the Banksy piece "Morons" and burned it before issuing an NFT. It's an artistic statement, or something.

By Jamie CrawleyMar 4, 2021

Banksy's "Morons" was bought by a group of crypto artists and burned as a statement.

Finance

DAO Investing in NFTs Raises $1.3M From Crypto VCs

Yield Guild Games will use the funds from Delphi Digital, Scalar Capital and others to invest in virtual land and other in-game assets.

By Danny NelsonMar 3, 2021

Videos

Kings of Leon to Release New Album as NFT

Kings of Leon is the first rock band to release an album as a non-fungible token (NFT). “The Hash” panel discusses the outlook for the music NFT marketplace as artists begin to dabble into the space.

Mar 3, 2021

Markets

Enjin to Tackle Soaring Gas Fees, Scaling With New Blockchain Products

Dubbed JumpNet and Efinity, the company says its two scaling solutions will increase support for NFTs while removing Ethereum's expensive gas fees from the equation.

By Sebastian SinclairMar 3, 2021