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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People's Bank of China headquarters, Beijing. (Max12Max/Wikimmedia Commons)
Ant Group, Tencent Change NFT References to ‘Digital Collectibles’: Report
NFTs appear to be facing regulatory heat in China.
People's Bank of China headquarters, Beijing. (Max12Max/Wikimmedia Commons)

(Al Pereira/Michael Ochs Archives/Getty Images)
NFTs and the Patronage Model
What PleasrDAO’s Wu-Tang experiment says about crypto and ownership.
(Al Pereira/Michael Ochs Archives/Getty Images)

(Gertrūda Valasevičiūtė/Unsplash)
The Coming Convergence of NFTs and Artificial Intelligence
Building AI capabilities into the lifecycle of NFTs opens the door to forms of intelligent ownership, says the CEO of IntoTheBlock.
(Gertrūda Valasevičiūtė/Unsplash)

Markets Daily Podcast Cover
Crypto News Roundup for Oct. 25, 2021
With crypto markets rebounding after a weekend breather and a look at centralization in the NFT market, CoinDesk’s Markets Daily is back with the latest news roundup.
Markets Daily Podcast Cover

Beijing (Zhang Kayiv/Unsplash)
Sino Global Capital Launches $200M Fund Backed by FTX
The fund will focus on Solana and Ethereum projects in Asia and specifically India.
Beijing (Zhang Kayiv/Unsplash)

(Unsplash-Xavi Cabrera)
A16z Leads $7.5M Funding Round in NFT Toy Firm OnChain Studios
The company will soon launch Cryptoys, NFT-based interactive digital toys that consumers can buy, play with, collect and sell.
(Unsplash-Xavi Cabrera)

American Express (Justin Sullivan/Getty Images)
AMEX CEO Says Crypto Is Unlikely a Threat to Traditional Credit Cards
Crypto, though, can make cross-border payments “a lot more seamless,” he said.
American Express (Justin Sullivan/Getty Images)

(John Keeble/Getty Images)
NFT Tied to Rare Whiskey Cask Auctions for $2.3M
Specialty NFT marketplace Metacask said the sale sets a new record for the whiskey barrel auction block.
(John Keeble/Getty Images)

Reddit (Shutterstock)
Reddit Readying an NFT Platform
In a job posting for a senior engineer, the social media giant said that a “rapidly growing team” was looking to build “the largest creator economy on the internet.”
Reddit (Shutterstock)

Opinionated 4:3
Is Crypto Really a Threat to Financial Stability?
Suggestions from senior officials that digital assets are a danger to the world economy seem premature and wide of the mark. But at least regulators are finally taking the in...
Opinionated 4:3