Investing in individual non-fungible tokens or NFTs is a problematic task. The NFTs that seem likely to do well as investments are selling for astonishing sums pricing out both newcomers and established collectors. For those seeking exposure to high-flying NFTs, fractionalization may well be the answer. The Basics of NFT Fractions NFT fractions, also known …
NFT Investing on a Budget With Fractions and Index Funds Read More »
NFTs have been pitched as a radical, new form of digital ownership detached from the whims of centralized companies. Unlike digital goods in mobile games, which are traditionally tied to the lifespan of a games’ server, NFTs are said to be truly “ownable.” In other words, as long as you own the token, you own …
Do You Really* Own Your NFT? Chances Are, You Don’t Read More »
A DAO bought the artist pplpleasr’s Uniswap V3 teaser video for $525K and she has committed to donating all proceeds to charity. Here’s how probably this year’s most inspiring DeFi story went down. The 46 second video shows a pink unicorn walking through a barren landscape while tubes, which pplpleasr has later said symbolize the …
“I Thought I Was Living in a Simulation.” The Story Behind The +$500k Uniswap NFT Read More »
The NFT of an Elon Musk tweet about making a song about NFTs to sell as an NFT is selling for over $1M. Yeah, that’s a mouthful. To break it down, Elon Musk tweeted that he had made a song about NFTs that he would sell as an NFT. The NFT of Elon Musk’s NFT …
A 21,069 x 21,069 pixels jpg file attached to an Ethereum token sold today for $69M in ETH at Christie’s, the world’s oldest fine art auctioneer. Of course, we’re talking about Beeple’s “Everydays: The First 5,000 Days.” The sale was not only a record for an NFT; it was also the third-most expensive work from …
Beeple’s NFT “Everydays” Sells for $69M in Christie’s Auction Read More »
