NFT
A Non-Fungible Token (NFT) is a specific kind of digital asset that serves as a representation of ownership or certification of uniqueness for a particular object or piece of content. It utilizes blockchain technology, predominantly on the Ethereum network. Unlike other tokens, an NFT possesses distinct characteristics that allow it to stand out, making each one unique and non-substitutable with another. This differs significantly from fungible cryptocurrencies like Bitcoin or Ethereum, where individual units are interchangeable with each other.
Ripple Floats $250M Fund to Power NFT Creativity on the XRP Ledger
Ripple Labs Inc has launched a $250 million fund designated to help power the growth and development of Non-Fungible Tokens (NFTs) amongst creators.
Slovenia Makes History as the First Country to Launch an NFT Product
Slovenia is on track to become the first country in the world to launch its first Non-Fungible Token (NFT) series.
Twitter Enables Bitcoin Tipping on Its Platform, Plans to Support Users to Unlock NFTs Services
Twitter has moved to let its users tip content creators using Bitcoin to help users earn money for the platform. The social media giant is also expanding its reach to support users to authenticate and showcase their NFT digital assets.
Colnago Deploys Blockchain-Powered Digital Passport for Seamless Cycling Experience
Colnago, a leading Italian road-racing bicycle manufacturer, has integrated blockchain technology into its new bicycles so that customers can get proof of validity and ownership.
BookBlocks Plans to Launch NFT Series to Fund Afghanistan Women's Education Drives
BookBlocks, a Non-Fungible Token (NFT) startup is set to empower Afghanistan’s girls and women in the fight for the girl child education.
Google Partners With Dapper Labs to Aid the Growth of Web3.0
Google has inked a multi-year partnership with Dapper Labs to help scale the development of Web3.0.
NFT will Become the Revenue Model of Metaverse,Co-founder of Tether William Quigley says
William Quigley, the co-founder of the stablecoin- Tether (USDT), said the business model would undergo radical changes in the future. The delivery of non-fungible tokens (NFTs) will become the revenue model of Metaverse and Crypto.
NFT Mania Slows with Tapering Transaction Volume on Top Marketplaces
NFT transaction volume is on the low, showing a broad disinterest in digital collectables.
Wallet Code Bug Destroys $100,000 Worth of Ethereum on NFT Marketplace Opensea
A mysterious bug accidentally destroyed more than 42 NFT collectables worth $100,000 in the Opensea marketplace.
Dolce & Gabbana Launches First NFT Collection "Collezione Genesi"
Dolce & Gabbana is entering into the NFT metaverse with the launch of its 9 piece collection.
FTX Cryptocurrency Exchange Launches a Marketplace for Selling and Buying NFTs
FTX has launched a marketplace for non-fungible tokens. The development paves the way for users globally to seamlessly create, sell, and buy NFTs on the exchange.
Indian film studio Zee Studios has Partnered with Nftically to Launch the First NFT Drop on Polygon Blockchain
Indian film studio Zee Studios announced that it has partnered with the Software as a Service (SaaS) platform Nftically to launch its first-ever NFT drop on Polygon blockchain.
OKEx Launches DeFi Hub with Integrated NFT Marketplace
OKEx has launched a DeFi Hub with an integrated NFT Marketplace.
Metamask Tops 10M Active Users as NFT Mania Continues
Popular crypto wallet, Metamask has surpassed 10 million Monthly Active Users as powered by NFT growth.
OpenSea Desperate to Hire New Engineers to Relieve its Overwhelmed Staff
OpenSea is on the hunt for new staff members as NFT mania continues to grow