Following the hype of the introduction of non-fungible tokens (NFTs) in mainstream media, corporate NFTs have begun to emerge. Global brands are dipping their toes into the world of blockchain, including the release of the Adidas NFT, Coca-Cola NFT, and the McDonald’s McRib NFT! Also, it’s rumored that sports giant Nike will be launching an NFT collection following the acquisition of RTFKT.
When looking at the skyrocketing prices of non-fungible tokens (NFTs), one has to ask, what is the most expensive NFT sold? After all, isn’t NFT art just a collection of JPEGs or animated GIFs? What’s unique about digital art anyways? Furthermore, how can it be unique if anybody can snap a screenshot and save it on their computer?
Axie Infinity popularized the play-to-earn (P2E) gaming phenomenon, and the up-and-coming Illuvium game stands to gain. P2E is a category of blockchain games that offers gamers the chance to earn tokens while playing. The sector saw explosive growth in the NFT ecosystem in 2021. Likewise, gamers can earn native tokens in Illuvium by participating in competitions and tournaments.
In this “What are Music NFTs?” article, we’re going to dive deep into the world of music, blockchain, and NFTs. We’ll address some of the most pressing questions around this topic, such as “what are music NFTs?” and “what is an NFT music marketplace?”. Also, we’ll discuss why NFTs are becoming increasingly popular and what gives them such high utility in the music industry. Plus, we’ll explore some of the most popular NFT music marketplace protocols and distribution platforms.
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.
The use of blockchain in the sports industry has increased dramatically recently. The dotmoovs platform rewards athletes for practicing and competing in games and tournaments in a process known as sports mining.
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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.
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