Fungible is another word for interchangeable. Bitcoin BTC, ether, and solana are fungible tokens because they are all the same. It should make no difference to a buyer which one he or she owns. If ...

NFTs were the darling of the Web3 world in 2021 and 2022. A sudden surge in interest set sales soaring, with the highest hitting a record-breaking $91.8 million. The NFT “Merge,” which was created by ...

Compressed NFTs are a type of non-fungible token (NFT) designed to reduce the cost of storing and transacting with NFTs on the Solana blockchain. With the increasing adoption of NFTs, developers face ...

A team of researchers have crunched the numbers to explain why you don’t see people hawking ugly cartoon apes on the internet as much anymore: NFTs, or non-fungible tokens, once vaunted as a ...

From their environmental impact to how grifters are cashing in, here’s what you should know about non-fungible tokens. Visitors take in “Machine Hallucinations — Space: Metaverse,” an immersive ...

Over the last several years blockchain and cryptocurrencies have been gradually changing the world and affecting different industries, but few industries have been affected to the same extent as the ...

Non-fungible tokens (NFTs) are ending the year on a high, with digital collectibles surpassing their sales record in 2023 by over $100 million. On Dec. 31, NFT data tracker CryptoSlam showed that ...

The highly publicized case involving Yuga Labs and creators Ryder Ripps and Jeremy Cahen provides an important signal that courts are willing to apply established legal doctrines to the dynamic and ...

With new projects, new use cases and the power of AI, NFTs will likely play an impactful yet more modest role within a stronger and more stable crypto industry. NFTs will serve as a gateway to the ...

Utility NFTs are digital assets that offer owners value through attached perks, specified privileges, rewards and experiences. Nonfungible tokens (NFTs) became massively popular in 2021, initially ...

Nonfungible tokens (NFTs) have emerged as a notable feature of the Web3 world, providing exclusive ownership of digital assets. OpenSea stands out as a prominent hub for all things NFTs, facilitating ...

The music industry in the U.S. has changed significantly in recent years. The market’s total revenue, encompassing recording, live and publishing segments, is estimated at $20 billion. As of 2022, ...