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What is non-fungible tokens (nfts)? non-fungible tokens (nfts) news, non-fungible tokens (nfts) meaning, non-fungible tokens (nfts) definition - Blockchain.News
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non-fungible tokens (nfts)

The Thrill Behind Non-Fungible Tokens

The Thrill Behind Non-Fungible Tokens

A non-fungible token (NFT) is a digital asset whose ownership is blockchain-based, and its value is pegged on its uniqueness. Some of the most common use-cases of NFTs include event tickets, game items, digital collectibles, software licensing, digital certificates, in-game props, authentication certificates, and domain names.

Crypto Art Sales are Soaring as Non-Fungible Token (NFT) Market Gains Traction

Crypto Art Sales are Soaring as Non-Fungible Token (NFT) Market Gains Traction

Crypto art being bought and sold as ERC-721 non-fungible tokens (NFT) has been making headlines based on the record-breaking sales being witnessed.

Why Upland’s Virtual Land NFTs Are The Future Of Crypto

Why Upland’s Virtual Land NFTs Are The Future Of Crypto

The asset class of non-fungible tokens (NFTs) is quickly growing and coincides with the rise of parallel worlds where people are spending more of their time and money.

Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins

Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins

Nifty, a centralized USD-based exchange for non-fungible tokens (NFTs), has announced that the Nifty Gateway 2.0 upgrade is live as of March 17.

Gemini Delves Deeper into Crypto Space with Nifty Gateway Acquisition

Gemini Delves Deeper into Crypto Space with Nifty Gateway Acquisition

Gemini, a cryptocurrency exchange behemoth, has revealed the acquisition of Nifty Gateway, a famed platform for non-fungible tokens (NFTs), also called nifties. Expressly, nifties are used in powering the emerging economy of virtual goods and digital collectibles.

UNICEF to Commemorate its 75th Anniversary of Changing Children’s Lives by Selling 1,000 NFTs

UNICEF to Commemorate its 75th Anniversary of Changing Children’s Lives by Selling 1,000 NFTs

To celebrate efforts of saving children's lives and defending their rights for seventy-five years, UNICEF intends to sell 1,000 data-driven NFTs.

Spanish LaLiga League Joins Hands With Sorare to Launch NFTs for all Players

Spanish LaLiga League Joins Hands With Sorare to Launch NFTs for all Players

Spanish LaLiga league has teamed up with Ethereum-based fantasy soccer game platform Sorare to establish non-fungible tokens (NFTs) for all its players.

NFT Surpasses Crypto and Ethereum in Google Searches

NFT Surpasses Crypto and Ethereum in Google Searches

To show their trendiness, NFT Google searches have surpassed those of Ethereum and crypto, according to Google Trends.

Visa Rolls Out Creator Program to Empower Artists with NFTs

Visa Rolls Out Creator Program to Empower Artists with NFTs

Payment giant Visa has launched an initiative dubbed Visa Creator Program intended to help filmmakers, artists, fashion designers, and musicians revamp their businesses through non-fungible tokens (NFTs).

Kia America Deploys NFTs in New Creative Campaign Debuting the New 2023 KIA Soul Model

Kia America Deploys NFTs in New Creative Campaign Debuting the New 2023 KIA Soul Model

Kia America, a leading automotive brand, has launched a new creative campaign featuring non-fungible tokens (NFTs) for its iconic 2023 Kia Soul model.

Twitter CEO Jack Dorsey Intends to Donate Proceeds from Tweet NFT to Africa Relief Charity

Twitter CEO Jack Dorsey Intends to Donate Proceeds from Tweet NFT to Africa Relief Charity

Twitter CEO Jack Dorsey has capitalized on the non-fungible token (NFT) hype that has been going around.

UEFA Champions League Winners FC Bayern Munich Embrace Ethereum Blockchain for Tokenization

UEFA Champions League Winners FC Bayern Munich Embrace Ethereum Blockchain for Tokenization

FC Bayern Munich, is the latest entrant in the Ethereum-based fantasy soccer game platform called Sorare, which leverages non-fungible tokens.

Tesla CEO Elon Musk Is Selling His First NFT and It’s a Techno Song about NFTs

Tesla CEO Elon Musk Is Selling His First NFT and It’s a Techno Song about NFTs

The NFT hype has been escalating and many artists and celebrities have capitalized on the trend to produce a NFT of their own.

NFT Mania Grips The Market As Hashmasks Emerge

NFT Mania Grips The Market As Hashmasks Emerge

While Bitcoin’s market capitalization passed $1 trillion for the first time ever on Feb.19, the Non Fungible Token (NFT) market has been growing at a pace like never before as well. A NFT is a special kind of crypto token which represents a wide range of tangible and intangible items from sports cards or collectibles, art and even real estate.

Ethereum’s Non-Exchange Whales Record the Highest Tokens in their Custody Since 2016

Ethereum’s Non-Exchange Whales Record the Highest Tokens in their Custody Since 2016

New data by on-chain metrics provider Santiment reveals that Ethereum’s non-exchange whales are on an accumulation spree as they continue buying more ETH.

Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding

Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding

Binance, the world’s largest crypto exchange by trading volume, has made a tough decision to delist all FTX leveraged tokens, citing that customers did not understand how the tokens work. The exchange intends to shut off withdrawals and deposits for the assets on March 31 at 8 a.m. UTC and to stop trading at 10 a.m. on the same day. The decision has sparked mixed reactions. Some users support the decision while others want the leveraged tokens to remain on the crypto exchange platform.

Ubisoft to Launch Blockchain-Based Collectibles to Support UNICEF

Ubisoft to Launch Blockchain-Based Collectibles to Support UNICEF

Ubisoft, the French-based video gaming company has launched blockchain-based collectibles in a bid to raise funds for UNICEF. Cryptocurrencies are taking the lead in fundraisers particularly due to their anonymous nature.

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