NFT
Fox’s NFT Play Signals Big Media Stampede into Blockchain Content
Here comes Hollywood. In the latest sign that global media groups are embracing NFTs, Disney’s Fox Entertainment is launching a $100M creator fund to produce new offerings on blockchain platforms and NFT-related content, the company announced this week. Dubbed Blockchain Creative Labs, the Los Angeles-based venture is a partnership between Fox Entertainment and its in-house…
The World Wide Web Is Now an NFT
The source code for the World Wide Web is being turned into an NFT. Created by World Wide Web inventor Sir Tim Berners-Lee, the NFT is composed of four elements: the time-stamped files containing the source code, a moving visualization of the code, a letter written by Berners-Lee reflecting on the code’s creation, and a…
Sotheby's NFT Auction Fires Up Duel with Christie's in Digital Art
Art snobs may loathe NFTs, deeming them bastardizations of a lineage defined by Da Vinci, Michelangelo, Picasso and Rothko. But don’t tell that to the auctioneers at Christie's and Sotheby’s. Beginning last Thursday, Sotheby’s has been conducting a weeklong auction of the “Natively Digital: A Curated NFT Sale” collection. It’s a diverse selection of non-fungible…
NFT Revolution Picks up Steam as Digital Artists Join Forces
Paris in the 1910s. New York in the 1950s. London in the 1990s. And now, maybe, just maybe, Foundation in the 2020s… Artists have long thrived in cultural hothouses where they can trade ideas with peers and debate revolutionary forms of expression with critics, curators, and collectors. Just because digital artists are working remotely through…
ARCx Introduces 'DeFi Passport' for On-Chain Credit Scores
ARCx Introduces “DeFi Passport” for On-Chain Credit Scores In a move that could bring DeFi into the mammoth industry of consumer credit scoring, ARCx has introduced an offering that will measure the financial health of customers based on their Ethereum addresses. As the key feature of its Sapphire (v3) release, ARCx will enable “identities issued…
Rare Bored Ape Yacht Club NFT Sold for 49.99 ETH
Bored Ape Yacht Club isn’t monkeying around when it comes to NFTs. On June 1, a rare Bored Ape Yacht Club (BAYC) NFT sold on OpenSea for 49.99 ETH, or $128k at the time of purchase. This marks the highest sale yet for a BAYC NFT, putting it in a price range typically reserved in…
Consensus' $DESK Token Takes on Life Beyond Conference
A testnet token created a full on mania at CoinDesk’s Consensus 2021 virtual conference last week, in one of the latest signs even valueless coins can spur engagement and help unite communities. CoinDesk’s $DESK token had been claimed by more than 1,371 addresses by the end of the conference on May 27. Each wallet claimed…
AP Auction of NFTs Ushers in New Era for Digital Media
It’s official: NFTs have gone totally mainstream. That’s the upshot from the announcement that the Associated Press, the 175-year-old paragon of traditional media, is planning to auction off 10 one-of-a-kind NFTs to celebrate its iconic photojournalism. Among the offerings: an artistic representation of the shot showing U.S. Marines hoisting the Stars and Stripes on a…
"Blockchains are Adding Property Rights to the Internet:" Kayvon Tehranian
In this week’s episode I interview Kayvon Tehranian, founder & CEO of Foundation, a platform for minting, buying and selling non-fungible tokens. We talked about the future of the internet —Kayvon believes blockchains are adding property rights to the internet. He also thinks that instead of having to wait for old institutions to come online, new ones…
AITO Platform Builds Yield-Generating NFT On Top of Aave
Developed by NFT social media network AITO, the NFT is a first on Aave and also a first in that it’ll generate ongoing Aave yield for the artists. The artwork itself is a multimedia, audiovisual collaboration between the DJ Marshmello and Steven Messing, the concept art director for Avatar 2 and Avatar 3. The auction…
