WHAT IS NFT?
NFT
NFT, the acronym for a non-fungible token, is a unit of data stored on a digital ledger called a blockchain that certifies a digital asset to be unique and therefore not interchangeable. NFTs can be used to represent items such as photos, videos, drawings, audio, artworks, tweets, animated GIFs, songs, games and other types of digital files.
NFTs are digitally unique due to different attributes, hence, two NFTs are never the same.
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LATEST UPDATES ON NFT
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Flipkart, Polygon partner to speed up Web3 & Metaverse e-commerce use-cases
To set up Blockchain-e-commerce Centre of Excellence towards this end| December 02, 2022, Friday -
Meta to test ways to make & sell NFTs on Instagram to both fans, collectors
Meta has announced to test ways to buy and sell non-fungible tokens (NFTs) to fans and collectors both on and off Instagram| November 03, 2022, Thursday -
Metaverse in India: The challenge of buying land and painting houses
VR headsets are gradually becoming somewhat accessible, with an Oculus Go priced at Rs 22,000. Several start-up founders say they ...| October 12, 2022, Wednesday -
Sentiment around NFTs drops 14% in companies amid crypto downturn: Report
In Q2 2022, NFTs have been the topic of more debates than ever, although opinions have changed resulting in a decrease in ...| August 24, 2022, Wednesday -
NFT owners have zero ownership of their digital arts, says Report
Report mentioned that without improvements in on-chain representation and transfer of intellectual property rights from NFT ...| August 23, 2022, Tuesday -
NFTs have 'fallen off the cliff' as sales, prices plummet in recent weeks
The crypto niche is on course to record its first month with under $1 billion in sales since June 2021, according to data tracker ...| June 29, 2022, Wednesday -
India has the third most NFT companies headquartered in the world
While the world of NFTs is still in its infancy, many have been quick to realise the potential of this new digital asset class ...| May 27, 2022, Friday -
Music NFT marketplace FanTiger raises $5.5 mn from Multicon capital, others
FanTiger empowers independent artists to build fan communities on the platform and enable fans to help shape their career using ...| May 26, 2022, Thursday -
NFTs, Metaverse prices follow crash of cryptos; innovations finding favour
But market is filtering out non-worthy assets| May 18, 2022, Wednesday -
NFT programming start-up Revise raises $3.5 mn in funding led by Alpha Wave
Revise offers developers the rails to program NFTs to interact with apps and data| April 29, 2022, Friday
