NFTs

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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.

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Chainalysis image via CoinDesk archives
New Chainalysis Report Suggests NFT Crime Doesn’t (Always) Pay
More NFT wash traders lost money than made money in 2021, according to the blockchain research firm’s data.
Chainalysis image via CoinDesk archives

India Finance Minister Nirmala Sitharaman introduced the budget earlier this week. (T. Narayan/Bloomberg via Getty Images)
Indian Budget Provision Allows Government to Define NFTs
A clause in the just-announced budget has left the crypto industry trying to understand the future of NFTs in India.
India Finance Minister Nirmala Sitharaman introduced the budget earlier this week. (T. Narayan/Bloomberg via Getty Images)

The Future of Entertainment With Pete Holmes
The Future of Entertainment, With Pete Holmes
Our animated panel discusses what exactly is an NFT. HBO and sitcom star Pete Holmes talks with us about "Non-Fungible Jokin" and waxes on NFTs and the future of stand-up come...
The Future of Entertainment With Pete Holmes

On the left, Marguerite deCourcelle, CEO of Blockade Games (aka "Coin Artist"). On the right, Jason Bailey, CEO of ClubNFT (aka "Artnome"). (Marguerite deCourcelle/Jason Bailey, modified with Befunky)
With ‘NFT All-Stars,’ Two Crypto Art Veterans Take the Conversation Further
Jason Bailey and Marguerite deCourcelle take the reins of CoinDesk’s newest show, which debuts today.
On the left, Marguerite deCourcelle, CEO of Blockade Games (aka "Coin Artist"). On the right, Jason Bailey, CEO of ClubNFT (aka "Artnome"). (Marguerite deCourcelle/Jason Bailey, modified with Befunky)

(Dan Olson/Folding Ideas, modified by CoinDesk)
What ‘Line Goes Up’ Gets Wrong (and Right) About NFTs
A new documentary makes the case that NFTs are the top of the funnel for this whole crypto-pyramid-scheme-thing.
(Dan Olson/Folding Ideas, modified by CoinDesk)

One of the NFTs from the LoveABots collection.
Why India Isn’t Buying NFTs (Yet)
While sellers are legion, buyers are in short supply, says our India-based columnist.
One of the NFTs from the LoveABots collection.

Coachella NFTs (HERO).png
Coachella Music Festival to Launch Solana NFTs in Deal With FTX
The storied California music festival is making the jump into NFTs.
Coachella NFTs (HERO).png

Quarterback Tom Brady, seen here during his time with the New England Patriots, retired from professional football on Tuesday. (Christian Petersen/Getty Images)
Tom Brady Retires to Focus on Family, NFT Startup
The legendary quarterback retires after a 22-year career in the NFL, with seven Super Bowl rings and a startup, Autograph, that just raised $170 million.
Quarterback Tom Brady, seen here during his time with the New England Patriots, retired from professional football on Tuesday. (Christian Petersen/Getty Images)

Markets Daily Podcast Cover
Crypto News Roundup for Feb. 1, 2022
With bitcoin rebounding after news of Australia pushing back against interest rate hike expectations and a look at how celebrities are leveraging NFTs, CoinDesk’s Markets Dail...
Markets Daily Podcast Cover

(Getty Images)
Global VC Funding for Blockchain Firms Surged to Record $25B in 2021: CB Insights
Investments in blockchain startups accounted for 4% of global venture dollars, up from just 1% in 2020.
(Getty Images)