How NFTs can allow everyone to benefit from robots and automation
What are ‘machine NFTs’ and how could they help democratize the ownership of capital in a future ‘machine economy’? Max Thake of peaq explains.
Okay Bears NFTs record sellout helps Solana net US$2B in sales
A record sellout of Okay Bears NFTs helped Solana emerge as a viable alternative to Ethereum, the preferred platform for most NFTs.
‘Voice of April’ NFTs highlight Shanghai’s struggles amid harsh lockdown
As many as 600 NFTs featuring a montage of audio calls and complaints made by Shanghai residents as they interacted with medical staff and neighborhood compound managers have appeared on OpenSea.
NFTs are leveling up gaming and not all about money
NFT in gaming is not only for play-to-earn, writes Nicholas Douzinas of Ajuna Network. It should also be fun and foster human connections.
NFT marketplaces responsible for keeping fakes out, Chinese court rules
Under Chinese copyright law, the court ruled a marketplace’s failure to ensure the uniqueness of an NFT constituted aiding infringement.
Is there a future for the NFT beyond digital art?
NFT technology became famous for $69 million digital art, but what will change the world are its myriad practical uses, writes Jan Hartmann of Banxa Labs.
BSN developer’s NFT warning; LINE launches NFTs
State-backed developer delivers warning on the state of NFTs in China. Meanwhile, LINE launches a NFT marketplace.
Resist the temptation on NFTs, Chinese state-backed developer says
In an exclusive interview with Forkast, the head of government-founded Blockchain-based Service Network (BSN) cautioned against packaging NFTs as investment products despite the temptation to profit off the euphoria.
How Southeast Asia’s NFT ecosystem lifts up local artists
Providing access to global customers and higher income, NFTs are changing lives in some of the poorest places in the world, writes Katherine Ng of TZ APAC.
MobiKwik pulls crypto support; Twitter NFT hacker strikes again
In India, Mobikwik yanks crypto support. Meanwhile in the cyberspace, a Twitter hack promotes a fake NFT drop.
Does the NFT correction foreshadow a nascent comeback?
The market for non-fungible tokens soared, then slumped. That doesn’t worry Spores Network’s Duc Luu, who’s betting on brands to fuel its future growth.
Goldman forecasts inflation peak, as NFTs charm its clients
NFTs are seen as investments rather than aesthetic collectibles to Goldman clients, while the investment bank struggles to distinguish blue chip projects from the pretenders.
Why gamers dislike NFTs — and what might turn them around
Would gamers and developers still feel disdain for NFTs if companies used blockchain technology differently? Will Deane explores the possibilities.
NFT buyers dip for a second straight month
In contrast to the rising crypto market, NFT sales have declined significantly in March, but one industry watcher says there’s no need to panic just yet.
China’s WeChat bans NFT accounts; Zilliqa token soars
NFTs accounts banned from WeChat due to “crypto speculation”. Meanwhile, Zilliqa on the rise after Metapolis announcement.
How women artists are bridging the NFT gender gap
Despite the promises of decentralized technology, women remain vastly underrepresented in the NFT art world. Forkast talks to artists working to change that.
Ukraine’s NFT museum; Bitcoin on the up.
Ukraine launches its NFT Museum of War. Meanwhile, Bitcoin passes $47,000 mark.
DeFi, NFT access at stake as FATF travel rule takes effect in South Korea
Flexibility allowed in new rule requiring crypto companies to comply with anti-money laundering guidelines leads to some confusion.
What Else Can You Do With An NFT?
NFTs are mostly recognized as digital art and collectibles. But what else can they be used for?
How to protect NFT intellectual property rights explored at Australian Blockchain Week
With explosive growth in the past 12 months, the non-fungible token industry is getting too big to ignore IP licenses, experts say.
Bollywood megastar Amitabh Bachchan ponies up tax on NFT sale
Bollywood icon Amitabh Bachchan is in the crosshairs of Indian tax authorities again, this time for NFT sales.
Bored Apes as NFTs: What is the Bored Ape Yacht Club?
BAYC is one of the hallmark NFT collections and a billion-dollar ecosystem. This Forkast explainer explores the cartoon primates and what makes them so special.
What does Music have to do with NFTs?
Major record labels have generated massive profits from previous structures of creative industries, but NFTs can transfer power to the artists.
The NFT Market By the Numbers
Global Sales Volume NFT sales amounted to US$18.5 billion in 2021—a 570-fold increase from 2020 as the record bid for Beeple’s digital collage and the strong reception for NBA Top Shot attracted new collectors and boosted prices, data from NFT industry data aggregator CryptoSlam showed. Companies from Gucci and Ray-Ban to McDonald’s and Coca Cola […]