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Non-fungible tokens (NFTs) have frequently been hitting crypto and mainstream media headlines for over a year. After the international buzz of Beeple’s news-worthy $69 million NFT art sale in March 2021, NFTs have begun making a name for themselves. But, what are NFTs? Why do we need non-fungible assets? What makes an NFT valuable? In this article, we’ll dive deep into the fundamentals of non-fungible tokens (NFTs). We’ll explore various token standards, how to buy NFTs, what makes an NFT valuable, and different NFT use cases. For readers who would like to learn more about what makes blockchain so revolutionary, save our “Crypto Explained” article for later! Also, the Blockchain & Bitcoin 101 course at Moralis Academy is the perfect place to discover how this cutting-edge technology works under the hood. Join a community of over 30,000 students today at Moralis Academy!
Fractionalized NFTs, or F-NFTs, are the new crypto sensation making plenty of waves in the rapidly growing NFT sector. Fractional ownership has started a revolution, and some projects have already profited handsomely off it. Take Dogecoin’s Shiba Inu meme, for example. The “DOG” NFT initially sold for $4 million in June of 2021. In only a few months, boosted by the fractionalized NFT version, the price skyrocketed to over $225 million. It was one of fractionalized NFT’s early successes.
Adobe’s recent decision to introduce NFT functionality – sometimes nicknamed “Adobe NFTs” – offers an exciting new feature that could revolutionize the NFT sector. Most
Most decentralized finance (DeFi) staking platforms enable users to earn yield proportionate to the amount staked. Powered by the native Non-Fungible Yearn token (NFY), the Non-Fungible Yearn platform aims to create an environment whereby yield is linked to a non-fungible token (NFT) instead of a wallet address.
Last week, e-commerce behemoth eBay announced that the company is getting into the NFT market. For anyone unfamiliar with NFTs, these blockchain-based digital assets have seen a recent surge of interest. Now that eBay is introducing support for this virtual asset class, NFTs will likely gain even more legitimacy. This article looks at eBay’s recent NFT announcement, as well as what it might mean for the wider industry.
Immutable X has made media headlines as the first Layer 2 protocol for non-fungible tokens (NFTs) on Ethereum. The project offers an NFT marketplace through the Immutable X Exchange and has implemented a novel NFT scaling solution to facilitate mass adoption of the platform. Immutable X offers zero-fee, instant trading which can be implemented for scalability in decentralized gaming, exchanges, marketplaces, and more!
My Neighbor Alice has recently seen a fresh surge of interest, along with an increased presence on various social media platforms. Also, the ALICE token has been trending on CoinGecko and promoted across several Binance marketing campaigns. Decentralized gaming has become more prevalent following the rise in popularity of non-fungible tokens (NFTs). But, why has My Neighbor Alice gone viral in the crypto community, and, what is My Neighbor Alice doing to attract and maintain so many users?
Non-fungible tokens (NFTs) have been hitting the headlines in recent weeks across global media outlets. These include the Wall Street Journal, The New York Times, and the legendary music publication Rolling Stone magazine. Alongside use cases for financial bonds, insurance policies, and artwork, NFTs are the key to blockchain music royalty tracking. We’re beginning to see more mainstream artists opting to release their music as NFTs on the blockchain. The economic pressures resulting from the global pandemic have hit musicians harder than most industries. This is of course, following a continuous decline in revenue since the introduction of online streaming. However, blockchain music streaming is here to fix that. Blockchain in the music industry is becoming increasingly popular, and for good reason too!
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NFT News – Latest Discussions and Topics
If you’re looking for the latest NFT news, or just want to learn more, look no further. Moralis Academy blog will keep you updated and teach you everything there is about the technology and industry. NFTs or Non-fungible tokens are a big part of blockchain technology. Here in our NFT blog section, we cover the latest news and discussions about the industry to keep you up-to-date. Some of the topics we cover include NFT marketplaces, main use cases, art, upcoming projects, and much more. By subscribing to our blog you will be notified every time we publish a new article. Crypto never sleeps and the same goes for our NFT blog – We publish new content on a daily basis as the industry is developing at a fast pace.
Your Go-to NFT Blog for Daily News
Here at Moralis Academy, we strive to educate and help people learn more about blockchain technology and its use cases. We understand that community is everything when it comes to sharing knowledge. Subscribing to our blog is absolutely free and you’ll be the first to know when new valuable information has been posted. If you feel urged to learn more, head over to our courses which are also free, for your first 14 days after signup. Whether you’re a beginner or a professional, we offer courses for both. Find your niche – NFTs, crypto, or blockchain gaming by using our filter function in the blog. We have more than 500 articles and the number keeps on growing.