Non-fungible Tokens
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NFT Market In India: What Does It Promise?
Non-fungible tokens (NFTs) are blockchain-certified copies of real-world art, pictures, videos, music, pixelated punks that are unique and cannot be duplicated
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What Are Non-Fungible Tokens Or NFTs? All You Need To Know
An NFT is a digital asset that exists on a blockchain, a record of transactions kept on networked computers. The blockchain serves as a public ledger, allowing anyone to verify the NFT's authenticity and who owns it.
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What Are Non-Fungible Tokens, And How Do They Work? Find Out Here
The word “non fungible” means one of a kind, and so NFTs are unique and cannot be replicated or replaced with anything else.
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NFTs Are Huge. But What Exactly Is A Non-Fungible Token? 10-Point Guide
Digital assets are the next big thing and we cannot unsee their growing popularity. Non-fungible tokens or NFTs are digital assets that are selling for millions of dollars today. These digital assets exist on a blockchain kept on networked computers. Supporters view NFTs as the next big phase in the art collection. However, many people find it diff...
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NFT Market Boomed to $2 Bln in February Sales, Recorded Nine-Month High
NFT sales surpassed $2 billion (roughly Rs. 17,214 crore) in February, around the same time when the crypto market began showing recovery from the FTX collapse. It is estimated that around 6.5 million NFTs were sold during February this year.
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Artist Damien Hirst Sets Thousands Of His Paintings On Fire On Instagram Live. Here's Why
Damien Hirst, a renowned British artist decided to put his most valuable paintings on fire. Not only that, but he live-streamed on social media while the artworks burned in the fire.
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OpenSea to Rank NFTs Basis Their Rarity Aiming to Assist Collectors
OpenSea has enabled its OpenRarity feature that will enable collectors to find legitimately rare digital collectibles, that have been drowning in the sea of NFTs out there. Rare NFTs will be awarded lower numbers.
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OpenSea Amends Policies to Safeguard Users, Takes Steps to Tacke NFT Theft Situations Better
OpenSea NFT marketplace has decided to involve police officials in theft cases of all magnitudes, rather than on cases only with escalated disputes. The change comes as part of OpenSea’s efforts to ensure that users are safeguarded against the risks of mistakenly buying stolen digital collectibles.
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Former TikTok Gaming Head to Launch Blockchain Games Startup as Big Players Keep Away
Former TikTok's gaming head, Jason Fung, is launching a blockchain gaming startup Meta0 as one of two co-founders. Fung said he left TikTok after seeing an opportunity to offer a solution to the current segregated nature of infrastructure options available to developers looking to build blockchain games.
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eBay Purchases ‘KnownOrigin’ NFT Marketplace One Month After Launching ‘Genesis’ Collection
E-commerce giant eBay has acquired Manchester-based NFT marketplace named ‘KnownOrigin’ for an undisclosed amount of capital. Founded in 2018, KnownOrigin allows NFT artists and collectors to make, purchase, and re-sell non-fungible tokens (NFTs). The deal that was finalised on June 21 has onboarded the three co-founders of KnownOrigin — Andy...
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Brazil Company Pitches NFTs Could Save the Amazon Rainforest
A Brazilian company Nemus, which owns 410 square kilometers of Amazon rainforest is offering a new way to fund conservation: selling non-fungible tokens (NFTs) that allow buyers to sponsor the preservation of specific areas of jungle.
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China’s Social Media Platforms Take Down NFT Platforms Fearing Government Crackdown
Chinese social media giants are withholding the operations of NFT platforms in the country. The development is the result of China’s continuous clampdown on crypto-related activities, without having specified if NFT activities are permitted or not. NFT players like Xihu No.1, Dongyiyuandian, and WhaleTalk are reportedly facing consequences.
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Neon Launches World’s 1st NFT Vending Machine in New York City
World’s first NFT vending machine has been set up by crypto startup Neon in New York City’s Financial District. It will allow non-crypto holders to become NFT collectors by allowing them to purchase these digital collectibles via cash, debit cards, and credit cards.
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OpenSea Loses NFTs Worth $1.7 Million in Phishing Attack, Investigation Underway
At least 32 users of OpenSea NFT marketplace lost their holdings to a phishing attack over the weekend. The company claims that the attack happened from outside the website, where attackers lured in users to malicious agreements. An investigation has been launched in the case
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Metaverse, NFT Sectors Can Boom Exponentially in India, Industry Insiders Predict
As the sectors of cryptocurrencies, NFTs and the metaverse register growth in foreign markets, India will not lurk behind in adopting and investing in these new technologies. Speaking to Gadgets 360, industry experts shared their projections on the future of the crypto sector and its elements in India.
-
NFT Market In India: What Does It Promise?
Non-fungible tokens (NFTs) are blockchain-certified copies of real-world art, pictures, videos, music, pixelated punks that are unique and cannot be duplicated
-
What Are Non-Fungible Tokens Or NFTs? All You Need To Know
An NFT is a digital asset that exists on a blockchain, a record of transactions kept on networked computers. The blockchain serves as a public ledger, allowing anyone to verify the NFT's authenticity and who owns it.
-
What Are Non-Fungible Tokens, And How Do They Work? Find Out Here
The word “non fungible” means one of a kind, and so NFTs are unique and cannot be replicated or replaced with anything else.
-
NFTs Are Huge. But What Exactly Is A Non-Fungible Token? 10-Point Guide
Digital assets are the next big thing and we cannot unsee their growing popularity. Non-fungible tokens or NFTs are digital assets that are selling for millions of dollars today. These digital assets exist on a blockchain kept on networked computers. Supporters view NFTs as the next big phase in the art collection. However, many people find it diff...
-
NFT Market Boomed to $2 Bln in February Sales, Recorded Nine-Month High
NFT sales surpassed $2 billion (roughly Rs. 17,214 crore) in February, around the same time when the crypto market began showing recovery from the FTX collapse. It is estimated that around 6.5 million NFTs were sold during February this year.
-
Artist Damien Hirst Sets Thousands Of His Paintings On Fire On Instagram Live. Here's Why
Damien Hirst, a renowned British artist decided to put his most valuable paintings on fire. Not only that, but he live-streamed on social media while the artworks burned in the fire.
-
OpenSea to Rank NFTs Basis Their Rarity Aiming to Assist Collectors
OpenSea has enabled its OpenRarity feature that will enable collectors to find legitimately rare digital collectibles, that have been drowning in the sea of NFTs out there. Rare NFTs will be awarded lower numbers.
-
OpenSea Amends Policies to Safeguard Users, Takes Steps to Tacke NFT Theft Situations Better
OpenSea NFT marketplace has decided to involve police officials in theft cases of all magnitudes, rather than on cases only with escalated disputes. The change comes as part of OpenSea’s efforts to ensure that users are safeguarded against the risks of mistakenly buying stolen digital collectibles.
-
Former TikTok Gaming Head to Launch Blockchain Games Startup as Big Players Keep Away
Former TikTok's gaming head, Jason Fung, is launching a blockchain gaming startup Meta0 as one of two co-founders. Fung said he left TikTok after seeing an opportunity to offer a solution to the current segregated nature of infrastructure options available to developers looking to build blockchain games.
-
eBay Purchases ‘KnownOrigin’ NFT Marketplace One Month After Launching ‘Genesis’ Collection
E-commerce giant eBay has acquired Manchester-based NFT marketplace named ‘KnownOrigin’ for an undisclosed amount of capital. Founded in 2018, KnownOrigin allows NFT artists and collectors to make, purchase, and re-sell non-fungible tokens (NFTs). The deal that was finalised on June 21 has onboarded the three co-founders of KnownOrigin — Andy...
-
Brazil Company Pitches NFTs Could Save the Amazon Rainforest
A Brazilian company Nemus, which owns 410 square kilometers of Amazon rainforest is offering a new way to fund conservation: selling non-fungible tokens (NFTs) that allow buyers to sponsor the preservation of specific areas of jungle.
-
China’s Social Media Platforms Take Down NFT Platforms Fearing Government Crackdown
Chinese social media giants are withholding the operations of NFT platforms in the country. The development is the result of China’s continuous clampdown on crypto-related activities, without having specified if NFT activities are permitted or not. NFT players like Xihu No.1, Dongyiyuandian, and WhaleTalk are reportedly facing consequences.
-
Neon Launches World’s 1st NFT Vending Machine in New York City
World’s first NFT vending machine has been set up by crypto startup Neon in New York City’s Financial District. It will allow non-crypto holders to become NFT collectors by allowing them to purchase these digital collectibles via cash, debit cards, and credit cards.
-
OpenSea Loses NFTs Worth $1.7 Million in Phishing Attack, Investigation Underway
At least 32 users of OpenSea NFT marketplace lost their holdings to a phishing attack over the weekend. The company claims that the attack happened from outside the website, where attackers lured in users to malicious agreements. An investigation has been launched in the case
-
Metaverse, NFT Sectors Can Boom Exponentially in India, Industry Insiders Predict
As the sectors of cryptocurrencies, NFTs and the metaverse register growth in foreign markets, India will not lurk behind in adopting and investing in these new technologies. Speaking to Gadgets 360, industry experts shared their projections on the future of the crypto sector and its elements in India.
