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Crypto News

Twitter Launches NFT Profile Picture Verification

Sure, you might “own” that cartoon monkey in your profile picture, in the sense that the token is affixed to your Ethereum address on an immutable, append-only ledger – but what’s stopping me from just right-clicking the image and setting it as my profile picture, too?

Crypto News

Jefferies Sees the NFT Market Reaching More Than $80 Billion in Value by 2025

The convergence of the digital and physical worlds is taking shape, with non-fungible tokens (NFTs) allowing brands to expand their reach into “digitally-enabled experiential tie-ins,” Jefferies said in an analyst note. The bank raised its NFT market-cap forecast to more than $35 billion for 2022 and to over $80 billion for 2025, analysts led by […]

Crypto News

The Balance Between Art and IP Theft in NFT Culture

The most popular show in Netflix history, “Squid Game,” earned an estimated $900 million for the streaming company. And the producers are not stopping there. They are gearing up for even more revenue as they look towards season two and have secured more than two dozen trademarks for the property as they tee up a […]

Crypto News

Tom Brady’s NFT Platform Autograph Raises $170M

Autograph, a non-fungible token (NFT) platform co-founded by National Football League star Tom Brady, has closed a $170 million Series B funding round that was co-led by Andreessen Horowitz (a16z) and Kleiner Perkins. Other participants in the round included Nicole Quinn, a general partner at Lightspeed Venture Partners, and the new venture firm from a16z […]

Crypto News

Damien Hirst Launches Chainlink Price Index for NFT Project

When Hirst – the British artist best known for wildly expensive works involving taxidermied sharks and diamond-studded skulls – released “The Currency” last year, the project took most of its cues from other popular NFT collections. Like CryptoPunks or the Bored Ape Yacht Club, “The Currency” consists of 10,000 images with slight variations. And as […]

Crypto News

What You Own When You Own an NFT

I do not know who needs to hear this, but owning an NFT is not the same as owning a project’s copyright or intellectual property. This is the first point I’d like to make. An NFT, or non-fungible token, is a type of digital asset that lives on a blockchain. It has a monetary value […]

Crypto News

Animoca Brands Leads $8M Fundraising Round for NFT Platform Built on Solana

Burnt Finance, a protocol built on Solana, has raised $8 million in a funding round led by Animoca Brands. It also launched its non-fungible token (NFT) platform. The capital will go toward adding staff and exploring partnerships with artists and other Solana-based projects. Burnt Finance, known for burning a piece of artwork from street artist […]

Crypto News

Parler Launches ‘Trump Legacy’ NFT Collection

“[McNaughton’s] acclaimed style, creative message, and digital delivery align perfectly with Parler’s goal to move squarely into Web 3 technologies and partnerships that further our commitment to freedom of expression,” said Parler CEO George Farmer in a statement.