What are NFTs? How do they work? And why do people spend millions of dollars for NFT crypto art and virtual lands?

The post Non-Fungible Tokens – NFT 101 – Why People are Spending Millions of Dollars for Crypto Art and Digital Items appeared first on BitPinas.

TL;DR Breakdown: Unslashed  Finance has raised over $2million for its crypto insurance project. Unslash Finance to improve on its insurance services with funding for new product.  Since its inception last month, Unslashed  Finance has raised over $2million for its crypto insurance project. According to various sources, the DeFi insurance protocol is set to use funds […]

deadmau5’s recent NFT collaboration sees him teaming up with artist OG Slick. The collection will feature digital art and contain new music from deadmau5’s forthcoming album. The collection will be available on NFT exchange Nifty Gateway, which the Winklevoss twins own. There will be three editions available. The Blackhole and Happy editions will be available … Continued

The post Deadmau5 to Release ‘Slickmau5’ NFT Collection appeared first on BeInCrypto.

NFTs are cryptographically secure collectibles that trade on a blockchain. Their value derives from their verified authenticity. The crypto collectible could be anything worth buying. The most popular items so far are digital artworks.  Much like having an original Picasso, the NFT is the sought-after signature. It indicates that this is an original piece from … Continued

The post Music Industry’s Interest in NFTs Surges appeared first on BeInCrypto.

American Rock Band King of Leon is the latest to catch up with the NFT bug. In their latest announcement, the group said that it will release its new album “When You See Yourself,” in the form of NFT. The group added that it will release its new album on the music NFT platform YellowHeart

The post NFT News: Rock Band Kings of Leon Plans to Release New Album As An NFT appeared first on Coingape.

Transformative processes that are taking place against a background of blockchain technologies have already demonstrated their advantages and continue to develop across various industries. Tokenization is opening up new business opportunities and is helping to create a new reality in the digital environment. Thus, we’re witnessing the emergence of new tools, and today I’d like […]

The post New Business Opportunities Are Ushering in the Next Big Wave of NFTs – Forecast for 2021 appeared first on The Daily Hodl.

The £70,000 artwork, called Morons, was destroyed in a secret New York location today—and made into a non-fungible token. 

Even if Banksy isn't ready to join the NFT boom, one group is taking extreme measures to tokenize his work.  Banksy Piece Burned for...

Four-time Grammy winning rock band Kings Of Leon will release their next album, “When You See Yourself,” alongside a series of non-fungible tokens...

With greater than $300M spent on NFTs this yr, it’s no shock that one of many rarest Pepe NFTs “Homer Pepe” simply modified arms for $320,000. The rarest Pepe of all of them, “Homer Pepe”, has bought for 205 ETH ($320,000) based on proprietor Peter Kell.The one-of-a-kind card shows a morph between Simpsons character Homer […]

The post Rarest Pepe — ‘most important NFT in art history’ — sells for 205 ETH appeared first on Bitcoin Upload.

The socialite gets into NFTs...again.