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The first known "NFT", Quantum, [24] was created by Kevin McCoy and Anil Dash in May 2014. It consists of a video clip made by McCoy's wife, Jennifer. McCoy registered the video on the Namecoin blockchain and sold it to Dash for $4, during a live presentation for the Seven on Seven conferences at the New Museum in New York City.
CryptoKitties operates on Ethereum's underlying blockchain network. Each CryptoKitty is a non-fungible token (NFT). Each is unique and owned by the user, validated through the blockchain, and its value can appreciate or depreciate based on the market.
Eighteen-year-old FEWOCiOUS is the youngest featured artist at Christie’s, his digital art selling for an impressive $2.1 million. The NFT marketplace Portion.io lets artist conduct their own ...
Axie Infinity is a blockchain game developed by Vietnamese studio Sky Mavis, [1] known for its in-game economy [2] which uses Ethereum-based cryptocurrencies. [3] It has been called "a pyramid scheme that relies on cheap labor from countries like the Philippines to fuel its growth."
A subset of these games are also known as play-to-earn games because they include systems that allow players to earn cryptocurrency through gameplay. Blockchain games have existed since 2017, gaining wider attention from the video game industry in 2021. Several AAA publishers have expressed intent to include this technology in the future ...
If you're interested in NFTs, you probably know that collectors use them to authenticate ownership of artwork and other collectibles on the blockchain. But that's not all they can do. See Our List:...
Bored Ape Yacht Club (BAYC), often colloquially called Bored Apes or Bored Ape is a non-fungible token (NFT) collection built on the Ethereum blockchain with the ERC-721 standard. The collection features profile pictures of cartoon apes that are procedurally generated by an algorithm. The parent company of Bored Ape Yacht Club is Yuga Labs. [1]
By July 2021, users were completing $350 million in transactions a month, [6] and the company was valued at $1.5 billion—meaning unicorn status—after a $100 million Series B venture round led by Andreessen Horowitz. [7] In August 2021, the value of monthly transactions spiked to $3.4 billion, and in November OpenSea had 1.8 million active ...