NFTs

CoinDesk placeholder image

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.

Read less...

Beijing (Zhang Kayiv/Unsplash)
Ant Group, Tencent, JD.com Sign NFT ‘Self-Regulation’ Convention
Chinese tech giants are likely working to appease regulators.
Beijing (Zhang Kayiv/Unsplash)

(Richard Horvath/Unsplash)
The Metaverse We Didn’t Ask For
Does anyone want Facebook’s take on this old-new idea?
(Richard Horvath/Unsplash)

LOS ANGELES, CALIFORNIA - MARCH 14: Trevor Noah speaks onstage during the 63rd Annual GRAMMY Awards at Los Angeles Convention Center on March 14, 2021 in Los Angeles, California. (Photo by Kevin Winter/Getty Images for The Recording Academy)
NFT Platform OneOf Signs 3-Year Deal With Grammys
OneOf will release NFTs on the Tezos blockchain for the 64th, 65th and 66th annual Grammy Awards.
LOS ANGELES, CALIFORNIA - MARCH 14: Trevor Noah speaks onstage during the 63rd Annual GRAMMY Awards at Los Angeles Convention Center on March 14, 2021 in Los Angeles, California. (Photo by Kevin Winter/Getty Images for The Recording Academy)

Markets Daily Podcast Cover
Crypto News Roundup for Nov. 1, 2021
With crypto markets trading sideways near all-time-highs and a look at how we may already be living in a post-scarcity world, CoinDesk’s Markets Daily is back with the latest...
Markets Daily Podcast Cover

Will More Institutional Exchanges Follow on Huobi's Heels?
Huobi Launches Its NFT Marketplace Trial
Huobi said the launch of the Huobi NFT marketplace is a “key milestone” in the expansion of its plans for the metaverse.
Will More Institutional Exchanges Follow on Huobi's Heels?

(Richard Horvath/Unsplash)
Sfermion Raises $100M NFT Fund as Facebook Stokes Metaverse Mania
The NFT investment firm will focus on the “experiential infrastructure that involves the NFT space.”
(Richard Horvath/Unsplash)

CEO of Facebook Mark Zuckerberg walks with COO of Facebook Sheryl Sandberg after a session at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho.
Facebook Steals Another Crypto Idea for Its Nonsensical Rebrand
Mark Zuckerberg’s vision for the metaverse has little to do with the open, interoperable vision first articulated by the blockchain industry.
CEO of Facebook Mark Zuckerberg walks with COO of Facebook Sheryl Sandberg after a session at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho.

The most expensive Punk in history? Maybe not. (Larva Labs)
Here’s Why a CryptoPunk Sold for $530M
A half-billion-dollar NFT “sale”? On-chain analysts say it may have just been an elaborate publicity stunt.
The most expensive Punk in history? Maybe not. (Larva Labs)

Beijing (Zhang Kayiv/Unsplash)
BSN Architect Red Date to Launch NFT Infrastructure in China
“Open permissioned” chains on the BSN are the only way NFTs will be allowed in China, says Red Date CEO Yifan He.
Beijing (Zhang Kayiv/Unsplash)

NFT artist Abigail at work. (Abigail)
How a 14-Year-Old Used Solana NFTs to Raise $100K for Beluga Whale Conservation
Thanks to the success of her Solana collection, 14-year-old Abigail is saving whales and donating another $100K for a children’s hospital program.
NFT artist Abigail at work. (Abigail)