India  

Non-fungible token

Unique and non-interchangeable data

Non-fungible token    ▸ Facts   ▸ Comments   ▸ News   ▸ Videos   

Non-fungible token: Unique and non-interchangeable data
A non-fungible token (NFT) is a unique digital identifier that is recorded on a blockchain and is used to certify ownership and authenticity. It cannot be copied, substituted, or subdivided. The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded. Initially pitched as a new class of investment asset, by September 2023, one report claimed that over 95% of NFT collections had zero monetary value.

0
shares
ShareTweetSavePostSend
 
Rice plastics and NFTs: How Niigata combines heritage and innovation for a sustainable future [Video]

Rice plastics and NFTs: How Niigata combines heritage and innovation for a sustainable future

In this episode of Focus, we explore Niigata's groundbreaking innovations, from turning rice into sustainable plastics to creating digital villages that preserve rural traditions, offering a fresh..

Credit: euronews (in English)     Duration: 05:00Published

You Might Like


Clubs promoting cryptocurrency fan tokens pose 'risk' to fans, MPs warn

A committee of MPs say artists and sport clubs' reputations are at risk if they promote NFTs.
BBC Sport - Published

Man jailed for the insider trading of NFTs - in what is believed to be the first case of its kind

A man has been jailed for the insider trading of non-fungible tokens (NFTs) - in what prosecutors say is the first case of its kind.
Sky News - Published

Amit Shah to address inaugural session of G20 conference on crime and security in age of NFTs, AI and Metaverse


IndiaTimes - Published

Trump breaks silence on Instagram to promote his NFTs - but critics say the art is 'cringey'

trump breaks silence on instagram to promote his nfts - but critics say the art is 'cringey'
Donald Trump has released a second collection of non-fungible tokens (NFTs) as the 2024 presidential race heats up.
Sky News - Published

Muse makes history with first UK number one album with NFT technology

muse makes history with first uk number one album with nft technology
Muse has made history with their ninth LP Will Of The People, marking the UK's first number 1 album to incorporate NFT technology.
Sky News - Published

Tupac Shakur's Makaveli Album Being Turned into NFT

The late Tupac Shakur's last studio album "The Don Killuminati: The 7 Day Theory" is celebrating its 25th anniversary this year and Mike Tyson and Riskie Forever — the original artist behind the..
TMZ.com - Published

Sunak to launch an NFT to help make UK 'global cryptoasset hub'

sunak to launch an nft to help make uk 'global cryptoasset hub'
Chancellor Rishi Sunak is to launch a non-fungible token (NFT) - a type of cryptocurrency asset - through the Royal Mint as part of a drive to make the UK a "global cryptoasset hub".
Sky News - Published

Victoria Fuller, Ex-Playboy Playmates Launch Virtual Community, Sell NFTs

Former Playmate Victoria Fuller is creating a virtual community in the world of NFTs -- using her own artwork -- and she's bringing a bunch of other Playboy models along for the digital ride. Victoria..
TMZ.com - Published

WWF UK faces backlash over 'destructive' plans to sell 'eco-friendly' NFTs

wwf uk faces backlash over 'destructive' plans to sell 'eco-friendly' nfts
WWF UK plans to sell non-fungible tokens (NFTs) for nature have drawn scorn from those who say the climate impact are at odds with the work of the conservation charity.
Sky News - Published

'90 Day Fiancé' Stephanie Matto Claims She Makes $100k By Selling Farts in Jar

Stephanie Matto says she's earning 6 figures just from farting into jars ... but all that gas is taking a bit of a toll on her health, both mentally and physically. If ya thought buying NFTs was weird,..
TMZ.com - Published