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.

Podcasts

Mark Zuckerberg Testing NFTs on Instagram; What Impact Will Crypto Markets Slide Have on Coinbase?

By William Foxley, Zack SewardMay 9, 2022

Terraform Labs CEO Do Kwon’s History Behind Another Failed Stablecoin

Finance

Arianee Raises $21M to Bring Luxury NFTs to the Metaverse

The “utility NFT” pioneer is working with The Sandbox following a hefty Series A.

By Ian AllisonMay 9, 2022

Panerai is an Arianee customer. (Craig Barritt/Getty Images for Panerai)

Finance

Web 3-Savvy Media Outlet Dirt Raises $1.2M in Seed Round

The newsletter seeks to bolster its DAO and NFT sales with the funding.

By Cam ThompsonMay 9, 2022

Dirt's seed funding came from a handful of DAOs. (benketaro/Flickr)

Finance

Meta’s Instagram to Support NFTs From Ethereum, Polygon, Solana, Flow

The social media powerhouse won’t charge users for showcasing their crypto art.

By Danny NelsonMay 8, 2022

Arte callejero en Williamsburg, Brooklyn, por Masnah.eth. (Danny Nelson/CoinDesk)
Podcasts

Otherside and the Rise of the Bored Apes

By Nathaniel WhittemoreMay 7, 2022

Otherside and the Rise of the Bored Apes

Layer 2

Ice Cube's Basketball League Is Taking on New 'Owners' With NFTs

VaynerMedia CEO Gary Vaynerchuk and rapper, actor & BIG3 co-founder Ice Cube joined CoinDesk's "First Mover" to discuss decentralized sports team ownership via NFTs.

By Fran VelasquezMay 6, 2022

The South Central Los Angeles-born entrepreneur is now exploring Web 3. (Photo by David Becker/Getty Images)

Learn

How Can You Share an NFT? Fractional NFTs Explained

Even though non-fungible tokens by definition are singular and unique, there are ways to split up the cost of investing in NFTs.

By Ekin GençMay 6, 2022

(CryptoPunks modified by CoinDesk)

Finance

‘Tamagotchi on Crack’: Irreverent Labs Raises $40M for NFT Cockfighting Game

Investors are backing a gaming studio whose “MechaFightClub” title is predicated on 6,969 robot chicken NFTs, according to government filings.

By Danny NelsonMay 6, 2022

(Al Bello/Getty Images, modified by CoinDesk)
Podcasts

Crypto News Roundup for May 6, 2022

By Adrian Blust, Adam B. LevineMay 6, 2022

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

Layer 2

Nicole Buffett on NFTs, Their Future and Explaining Them to Her Grandfather

NFTs are a new unit of value in the evolution of money, artist Nicole Buffett said on CoinDesk TV’s “First Mover.”

By Fran VelasquezMay 5, 2022

NFTs are a new unit of value in the evolution of money, artist Nicole Buffett said on CoinDesk TV’s "First Mover." (modified by CoinDesk)
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