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Line Goes Up – The Problem With NFTs is a 2022 documentary film written and directed by Canadian YouTuber and video essayist Dan Olson on non-fungible tokens (NFTs), cryptocurrencies, and Web3. The video was published to his YouTube channel Folding Ideas on January 21, 2022. [1]
NFTs function like cryptographic tokens, but unlike cryptocurrencies, NFTs are not usually mutually interchangeable, so they are not fungible. [ a ] A non-fungible token contains data links, for example which point to details about where the associated art is stored, that can be affected by link rot .
"OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities," OpenSea co-founder and CEO Devin Finzer said. A Wells notice is a ...
NFTs are the latest cryptocurrency rage these days, with bands like Kings of Leon releasing their next album as limited edition "golden tickets," and NBA digital collectibles being sold for ...
Further, a sub-sector — fractional NFTs — experienced a rapid growth as well, as they had an overall market capitalization of around $212.6 million by Dec. 12, 2021, according to Bitcoin.com. ...
In the first three months of 2021, NFTs worth US$200 million were traded. [3] One of the earliest NFT projects, CryptoPunks, [4] has provided several of the most expensive NFTs. [5] There were some NFT-like projects or "proto NFTs" that pre-date CryptoPunks; Rare Pepes, for example, was released on Counterparty in 2014. [citation needed]
Less than a quarter of American adults are familiar with Non-Fungible Tokens (NFTs), according to a new Security.org survey, a percentage significantly less than previous estimates. The report ...
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