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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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Markets Daily Podcast Cover
Podcasts
Podcasts
Crypto News Roundup for Aug. 30, 2021
With bitcoin holding support at around $48,000 and a deep dive into the inexplicable allure of non-fungible tokens, CoinDesk’s Markets Daily is back with the latest news round...
Markets Daily Podcast Cover
By Adam B. LevineAdrian Blust
Aug 30, 2021 at 6:05 p.m. UTC
Aug 30, 2021
PodcastsMarkets DailyCryptoNews Roundupadam b. levineAdrian BlustNFTsNFTDavid Z. Morris
(Orso/Shutterstock)
Markets
Solana
SOL Hits Record High, Climbs Above $100 as Total Value Locked on Solana Crosses $3B
SOL draws a three-figure price for the first time as boom in DeFI and NFTs continues and token-burn speculation grips markets.
(Orso/Shutterstock)
By Omkar Godbole
Aug 30, 2021 at 9:44 a.m. UTC
Aug 30, 2021
SolanaBitcoinCryptocurrencyDeFi Education FundNFTs
Crypto mining hardware (Bloomberg Finance)
Finance
Mining
Crypto Mining Firm The9 to Launch NFT Platform in Q4
The Shanghai firm is the latest to enter the booming digital collectibles market.
Crypto mining hardware (Bloomberg Finance)
By Eliza Gkritsi
Aug 30, 2021 at 7:11 a.m. UTC
Aug 30, 2021
MiningNFTsChina
Solana COO Raj Gokal and Solana CEO Anatoly Yakovenko (Solana Labs)
Markets
Solana
Solana, Boosted by Move Into NFTs, Enters List of Top 10 Cryptocurrencies by Market Cap
Institutional demand for SOL has increased in recent weeks.
Solana COO Raj Gokal and Solana CEO Anatoly Yakovenko (Solana Labs)
By Omkar Godbole
Aug 29, 2021 at 1:51 p.m. UTC
Aug 29, 2021
SolanaMarketsDeFiNFTs
CryptoPunk NFT (Larva Labs, modified by CoinDesk)
Markets
Tech
Frothy NFT Market Remains ‘Healthy’ as Developers Hold ETH or Reinvest: Nansen
While the NFT market may look unsustainable, a look under the hood shows that the “drops” may keep rising.
CryptoPunk NFT (Larva Labs, modified by CoinDesk)
By Andrew Thurman
Aug 28, 2021 at 3:30 p.m. UTC
Aug 28, 2021
TechNFTsMarkets
A selection of Bored Apes, one of the best-selling NFT avatar series.
Markets
Nfts
Why Avatars Dominate the NFT Market
Blockchain collectibles come in many flavors, but one is clearly leading the pack.
A selection of Bored Apes, one of the best-selling NFT avatar series.
By David Z. Morris
Aug 27, 2021 at 5:26 p.m. UTC
Aug 27, 2021
NFTsTwitterSocial MediaBored Ape Yacht ClubOpinion
MILAN, ITALY - FEBRUARY 19: A giant advertising poster showing actress Scarlett Johansson posing for Dolce & Gabbana cosmetics advertising is displayed at the Rinascente Duomo store on February 19, 2009 in central Milan, Italy. The first Dolce & Gabbana make-up collection was unveiled on a worldwide campaign on February 5th, 2009 at the Rinascente Duomo store. (Photo by Stefania D'Alessandro/Getty Images)
Finance
Nfts
Dolce & Gabbana to Feature NFT of Rare Tiara in First Drop
The fashion house’s weekend event in Venice includes a sprinkling of haute blockchain tech.
MILAN, ITALY - FEBRUARY 19: A giant advertising poster showing actress Scarlett Johansson posing for Dolce & Gabbana cosmetics advertising is displayed at the Rinascente Duomo store on February 19, 2009 in central Milan, Italy. The first Dolce & Gabbana make-up collection was unveiled on a worldwide campaign on February 5th, 2009 at the Rinascente Duomo store. (Photo by Stefania D'Alessandro/Getty Images)
By Tanzeel Akhtar
Aug 27, 2021 at 4:04 p.m. UTC
Aug 27, 2021
NFTsFashion
Markets for NFTs Reach All-Time High, But Can It Sustain?
Video
Nfts
Markets for NFTs Reach All-Time High, But Can It Sustain?
The number of sales on non-fungible token (NFT) marketplace OpenSea has exploded this year, with August’s trading volume exceeding the volume of all previous months in OpenSea...
Markets for NFTs Reach All-Time High, But Can It Sustain?
By CoinDesk Staff
Aug 27, 2021 at 3:31 p.m. UTC
Aug 27, 2021
NFTscdtvFM ClipOpenSeaCDSpotlight_SponsorNate Chastain
Dillon Rosenblatt
Finance
Nfts
Meet the 23-Year-Old Behind Tom Brady’s NFT Play
Dillon Rosenblatt is a tech mogul’s son with his own entrepreneurial hunger.
Dillon Rosenblatt
By Helene Braun
Aug 27, 2021 at 2:44 p.m. UTC
Aug 27, 2021
NFTsTom Brady
3LAU Raises $16M to Tokenize Music Royalties for Artists and Fans
Video
Nfts
3LAU Raises $16M to Tokenize Music Royalties for Artists and Fans
Crypto-savvy DJ Justin “3LAU” Blau has raised $16 million to launch a music investments platform that aims to give listeners a piece of the wealth generated by songs. The musi...
3LAU Raises $16M to Tokenize Music Royalties for Artists and Fans
By CoinDesk Staff
Aug 26, 2021 at 7:04 p.m. UTC
Aug 26, 2021
NFTscdtvHash clip3LAURoyalmusic tokenization