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NFT – Non-Fungible Token

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September 2021

Korea crypto damage assessed; Initium’s news based NFTs sell out

Korea crypto damage assessed meanwhile Initium’s news based NFTs sell out

C.R.E.A.M. Finance integrates 6 NFT tokens as part of DeFi bridge strategy

C.R.E.A.M. Finance, a Taipei-based decentralized finance (DeFi) lending platform, on Sept. 8 announced its support of six metaverse and non-fungible tokens (NFTs) that will allow users to borrow and lend against the assets. Fast facts NFTs, unique digital assets whose authenticity and ownership are tracked on a blockchain, have seen exponential growth over the past […]

Former Hong Kong news site issues NFTs to preserve history

Initium Media, also known as 端傳媒, is turning to blockchain technology to grow revenue and to ensure controversial news does not get forgotten — or tampered with.

Riding the NFT trend: questions to consider before investing in these hot digital assets

As non-fungible tokens break into the mainstream, experts advise buyers to do research and watch for a correction.

Solana hits all time high: FTX’s NFT marketplace spammed

Solana hits all-time19 high as FTX’s NFT marketplace spammed

FTX’s NFT platform spammed by fish; SBF’s test NFT sells for $270,000

FTX is the latest crypto exchange to join the NFT bandwagon. “Make your own NFTs,” CEO Sam Bankman-Fried tweeted. 

NFL flags NFTs, crypto sponsorships for teams while it huddles on a digital game plan

The American football league’s 32 teams cannot sell NFTs or accept backing from crypto trading firms — at least for now.

The world of crypto opens up life-changing earning opportunities for Indian tweens and teens

Gajesh Naik and Laya Mathikshara, two Indian 13-year-olds, are getting global recognition — and making astronomical sums — through their ventures in crypto and NFTs.

TV series ‘Men of the House’ to be fully financed by NFTs

TokenSociety.io, a non-fungible token minting platform and marketplace for the entertainment industry, has completed its first NFT Drop for the pilot episode of “Men of the House,” a situation comedy TV series, the company announced today. Fast facts The pilot episode of “Men of the House” is completely financed through the sale of its NFTs […]

Imagining a global digital wallet and the future it can hold

As governments and citizens embrace digital currencies of all kinds, from Bitcoin to CBDCs, here’s what the world and daily life could look like.

Fractional ownership of the Doge meme hits $400M valuation

What does it mean to own an NFT? Furthermore, what does it mean to own a billionth of an NFT? For Doge lovers, it might be a good investment, or barking mad.

OKEx launches NFT marketplace and DeFi hub

OKEx, the world’s second-largest crypto derivatives exchange by trading volume, is amplifying its decentralized finance (DeFi) efforts by launching its DeFi Hub, along with a non-fungible token (NFT) marketplace. Fast facts OKEx has launched DeFi Hub, a platform that offers users the ability to view and manage decentralized assets across major blockchain networks and DeFi […]

Jack Dorsey’s Bitcoin bourse. Are NFTs in bubble trouble? China banks on e-CNY.

Top blockchain and crypto news: Does TBD stand for Twitter Boss Decision? NFTs’ ballooning interest. How billions in e-yuan are coursing through China.

Blockchain game MIR4 gains global popularity despite ban at home in South Korea

The multiplayer online role-playing game is widely popular elsewhere, while Korea bans play-to-earn crypto and NFT trading.

Bollywood megastar Amitabh Bachchan is launching his own NFT collection

Prominent Indian actor Amitabh Bachchan will release his own non-fungible token collection later this year. Fast facts The NFTs will be rolled out on BeyondLife.club, a joint venture between Indian film production company Rhiti Entertainment and Guardian Link, a decentralized legitimacy protocol for NFT exchanges. BeyondLife.club allows users to buy NFTs with credit cards or […]

Dogecoin spawns more pups with Doge NFT split into tokens for resale

Dogecoin keeps spawning pups, and this time, it could be quite a litter. In yet another spinoff of the crypto industry’s biggest meme, fractionalized ownership of the non-fungible token (NFT) of the original Shiba Inu image that launched Dogecoin is up for sale today in the form of $DOGE tokens, Bloomberg reports. Fast facts Ownership […]

August 2021

The9 launches NFT platform; HK SFC issues crypto warning

The9 launches NFT platform meanwhile HK SFC issues crypto warning

Some NFT creators and investors have a lucky number

A fascination with 8s could be related to the fact that the Chinese pronunciation of the number 8 or “Ba” is similar to that of “發” or “Fa,” which stands for wealth and prosperity.

Crypto is going mainstream—and the likes of Paypal and Snoop Dogg are leading the way

Though crypto is not yet part of daily life, it may be a matter of time, writes Simon Yu of StormX. Here are the keys to the industry’s long-term success.

Chinese gaming company The9 expands into NFT business

The9 Ltd., a Chinese gaming company that pivoted earlier this year to cryptocurrency mining, unveils plans to get into non-fungible token business, reflecting the company’s ambition to ramp up its blockchain-based operation. Fast facts Nasdaq-listed The9 has announced that its Singapore-based subsidiary NFTSTAR Singapore Pte. Ltd. will launch a NFT trading and community platform NFTSTAR […]

Mutant Ape NFTs collect $140 million on OpenSea market

Bored Ape Yacht Club (BAYC) — one of the hottest non-fungible token projects at the moment — released its Mutant Ape Yacht Club (MAYC) NFTs over the weekend through a free airdrop to existing Bored Ape holders as well as a public auction of 10,000 Mutant Apes. The price for Mutant Apes started at three […]

How a Hong Kong newspaper is remaking history with NFTs

The South China Morning Post, Hong Kong’s paper of record for 118 years, is experimenting with NFTs and metaverse technology to bring its storied past into the future.

AAX to launch its own NFT marketplace, following other crypto exchanges

Amid the immense growth in the non-fungible token market, leading Singapore-based crypto exchange AAX is planning to launch its own NFT marketplace in the “near future,” according to a press release shared with Forkast.News. Fast facts In preparation for the launch, AAX is running a campaign in which its users can auction NFTs for charity […]

HK football team launches NFTs; Food concept offers crypto mooncakes

HK football team launches NFTs; Food concept offers crypto mooncakes

Bitcoin bulls brace. CryptoPunks’ pulling power. China’s crypto lawfare.

Top blockchain and crypto news: Is another Bitcoin bull run coming soon? Punks rocking NFTs. Why crypto contracts may not be enforceable in China.

Hong Kong’s Resources Capital Football Club kicks off NFT goals

The team joins a growing number of football clubs around the world launching non-fungible tokens (NFTs) as they look to engage fans and generate new revenue streams.

Vogue Singapore catwalks to a metaverse with NFT launch

The magazine unveils two digital-only covers as well as fashion, beauty and design NFTs, all for sale in a new metaverse.

Fetch.ai brings AI and machine learning to NFT creators

Fetch.ai, an artificial intelligence lab based in the British city of Cambridge, today announced the launch of its new non-fungible token (NFT) platform, Colearn Paint, that will allow creators to automatically generate NFTs using a machine learning algorithm. Fast facts Alongside the surge in NFT sales over the past year, NFT marketplaces have proliferated. According […]

Professor jailed for crypto scam; Cryptopunks trading volume soars

Professor jailed for crypto scam while Cryptopunks trading volume soars

CryptoPunk NFTs smash records as VISA purchases a CryptoPunk for US$150K

CryptoPunks sales volume increased by over 1,100% in the last 24 hours

Poly Network offers hacker a job: NFTs support Afghan families

Poly Network offers hacker a job meanwhile NFTs support Afghan families

OpenSea dumps Pepe the Frog NFT series

Despite having verified it, and with investors already spending millions on the project, OpenSea has delisted the NFT series after being notified by its creator.

NFTs used to raise funds for displaced Afghan families

With the Taliban takeover of Afghanistan capturing headlines around the world, Jack Butcher, the founder of New York-based graphic design agency Visualize Value, has partnered with the Cooperative for American Remittances (CARE) humanitarian charity to launch a non-fungible token fund to provide “care packages” to displaced Afghan families. Fast facts The NFT care packages are […]

Alibaba launches new auction service as it doubles down on NFTs

Accessibility of Alibaba Auction through Tencent’s WeChat service hints at closer relationship between two longtime rivals.

How NFTs could be the future standard for trading and investing

Non-fungible tokens are taking the art and collectibles world by storm. But more valuable uses for NFTs lie just around the corner, writes Ilja Laurs of Dappscape.

U.S., Indonesia drive NFT wave, DappRadar report shows

A new report by DappRadar shows that interest in NFTs has come mainly from the United States and Indonesia, and that Russia and India have a presence in the market as well. Fast facts DappRadar, an NFT and decentralized finance and decentralized app store and a data provider, revealed this month in its user behavior […]

Tencent unit QQ Music sells first NFTs

Chinese tech giant Tencent’s music streaming arm, QQ Music, has jumped on the non-fungible token bandwagon and over the weekend sold out its first NFT featuring popular Mando-pop singer Tiger Hu. Fast facts QQ Music, one of China’s major music entertainment platforms, plans to roll out a slew of music NFTs. Over the weekend, all […]

Poly Network recovers assets; Rario launches cricket NFT platform

Poly Network recovers assets meanwhile Rario launches cricket NFT platform

AppWorks raises US$150M as it trains its sights on Southeast Asia

Taiwanese VC firm attracts big investors as it bets on future of region and staying-power of NFTs.

Chinese payment giant Alipay finds buyers for new NFTs

Alipay, one of China’s major payment apps, has again rolled out non-fungible token artworks designed as wallpapers for users’ payment code pages, with a total of 80,000 copies of two editions combined having sold out within a day. Fast facts Alipay yesterday started selling two editions of artworks — built on its own Ant Chain […]

Cricket NFT platform Rario launches on Polygon

Rario, an officially licensed cricket non-fungible token startup built on the Polygon blockchain, has announced its integration with Polygon’s NFT platform, Polygon Studios. Fast facts Polygon Studios, an NFT-focused gaming and metaverse hub, was launched last month by Indian Ethereum scaling platform Polygon to facilitate Web 3.0 gaming and fuel mainstream adoption of NFTs. It […]

TZ APAC in Tezos blockchain adoption push in Asia

TZ APAC, an entity supporting the Tezos blockchain ecosystem in Asia-Pacific, this week announced a “strategic commitment” to the region as it bolsters its efforts to grow the Tezos ecosystem. Fast facts TZ APAC intends to deploy capital and resources across the region towards business development, marketing and project management to drive adoption of the […]

NFT trade takes off. Tether’s bankable reserves. Tencent targeted in China.

Top blockchain and crypto news: NFT wave buoys OpenSea. Are dollars and sense a lifeline for Tether? Tencent gets a target on its back.

NFTs and the music industry: K-pop’s new token economy | Part 2

K-pop superstars Brave Girls, Se7en and A.C.E. are among the latest to jump on the non-fungible token bandwagon. Are fans buying it?
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HK artists embrace NFT’s; NFTs new top K-Pop merchandise

Hong Kong artists embrace NFTs. NFT’s to become must-have merchandise for K-Pop fans.  And an Indonesian resort offers NFT timeshares. We’ll have more on that story — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast, August 10th. Transcript Welcome to The Daily Forkast, August 10th 2021. […]

Hong Kong artists embrace NFTs as OpenSea trading volume explodes

Despite speculation that the NFT market is cooling, OpenSea continues to post record transaction volumes, and Hong Kong artists are getting in on the action.

Unocoin offers bitcoin vouchers; Alonzo upgrade onboards users

Unocoin offers bitcoin vouchers as Alonzo upgrade onboards users

Axie Infinity NFT market trade tops US$1B as player numbers surge

Axie Infinity’s founder has announced that the company’s non-fungible token market trading volume hit US$1 billion this morning, having already announced that it had more than 1 million daily active players last Friday. Fast facts DappRadar shows the Axie NFT market now has a trading volume of US$1.126 billion, ranking first among all markets. It […]

Ripple expands XRP into NFTs amid escalating legal battles

As court grants CEO request to obtain info from Binance to bolster defense in SEC lawsuit, Ripple seeks to expand use cases for XRP Ledger.

Taxing times for crypto. Ethereum hard fork takes knife to fees. Tencent bets on NFTs.

Top blockchain and crypto news: Is Ethereum’s price flatlining on eve of revolution? Uncle Sam wants pay to play. China’s Big Tech toes the line with NFTs.

United Nations-associated NFT art project builds on Polkadot to fight climate change

The DigitalArt4Climate NFT initiative aims to promote art via blockchain technology to inspire environmental activism around the world.

Hong Kong crypto crime surges; Tencent launches NFT platform

Hong Kong crypto crime surges as Tencent launches NFT platform.

Blockchain applications that will change the world in the next 5 years

The next half decade will see mass adoption of decentralized technology, writes Max Kordek of Lisk. Here are the leading uses.

Tencent climbs aboard NFT bandwagon with new trading app

Chinese internet giant Tencent is making a foray in the world of non-fungible tokens, launching an NFT trading platform named Huanhe. Fast facts The tech conglomerate has rolled out the Huanhe app — built on the company’s own Zhixin chain — on its Android application platform. Its debut sales feature 300 audio NFTs created based […]

China maintains crypto market pressure; J-Pop stars offer NFT advice

China maintains crypto market pressure. On the other hand, J-Pop stars offer NFT advice.

NFT market OpenSea transaction volume hits record high

Non-fungible token marketplace OpenSea’s July transaction volume reached a new high of almost US$325 million, a 118% increase from an historic high attained in June. Fast facts The new numbers make OpenSea the most active NFT marketplace. OpenSea’s July NFT transaction numbers and transaction fees were also records, at 457,700 and US$21.78 million, respectively, breaking […]

How NFTs can track patient consent for clinical trials and give you greater control over your own health data

A new NFT platform built on Hedera Hashgraph aims to give patients greater control over their health information. How does it work?

July 2021

Amber Group launches CreatorFi NFT initiative to bridge traditional, crypto worlds

Hong Kong-based crypto financial services company Amber Group wants to bridge the gap between creators, collectors and platforms looking to get into NFTs and the crypto space.

Hyper-realistic virtual influencer Rae mints NFTs

It’s not only real-world idols that look to earn a profit from issuing non-fungible tokens. Rae — a virtual influencer in Singapore rendered through computer-generated imagery and powered by artificial intelligence — is selling “her” first NFTs on Mintable. Fast facts Rae — whose creators’ identities remain mysterious — has dropped her first NFT series […]

Chinese e-commerce giant Taobao sells NFTs at annual shopping festival

Demand for non-fungible tokens appears insatiable as industry distances itself from crypto sector to avoid crackdown.

Chinese fireworks artist Cai Guoqiang auctions first NFT for $2.5M

Chinese fireworks artist Cai Guoqiang has entered the world of non-fungible tokens, recently auctioning off his first NFT work for US$2.5 million. Fast facts Cai’s work “Transient Eternity — 101 Ignitions of Gunpowder Paintings,” commissioned by the Rockbund Art Museum in Shanghai, was auctioned on TR Lab for US$2.5 million after a 48-hour bidding period […]

Hong Kong’s South China Morning Post to make NFTs to preserve history

Hong Kong newspaper the South China Morning Post is making a foray into the world of non-fungible tokens in the latest move by a Hong Kong publisher to preserve content through blockchain technology. Fast facts The SCMP today released its “ARTIFACT” lite paper, a project designed to advocate “a standardized metadata structure for recording accounts […]

Has the NFT bubble burst? The data says otherwise

Axie Infinity, Meebits and Bored Ape Yacht Club are some of those keeping the market for non-fungible tokens alive.

Chinese viral news photo debacle shakes confidence in NFTs

Proliferation of copycat non-fungible tokens based on media image sparks fresh concerns over authenticity, creators’ rights.

NFTs and the music industry: Token gesture or transformative technology? | Part 1

In the first of a four-part series, Forkast.News looks at how non-fungible tokens may be changing who calls the tune in the recording business.

Hong Kong manga finds virtual home on blockchain as authorities silence publishers

NFTs offer haven as authors self-censor amid intensifying crackdown on free expression.

June 2021

NFL star Tom Brady, supermodel Gisele Bündchen take stakes in FTX crypto exchange

Cryptocurrency exchange FTX today announced that American football star Tom Brady and his wife, Gisele Bündchen, are taking equity stakes in it, in a multi-year partnership.

Decentralized theme parks promise kids virtual prizes to earn as they learn

Prototype launches in Hong Kong, with children able to collect digital currency and NFTs instead of arcade coupons.

Building construction meets blockchain, Binance launches NFT platform | The Daily Forkast

Construction meets blockchain in Australian and Binance’s NFT marketplace is open for business.

Binance NFT marketplace launches with auction of Dali, Warhol

Crypto exchange Binance is launching a non-fungible token marketplace, auctioning NFTs of artworks by Andy Warhol and Salvador Dali.

South Korea’s Upbit sued for patent violation, Alipay launches NFT platform | The Daily Forkast

Another legal challenge faces cryptocurrency exchange Upbit. In China, Ant Group is getting into the NFT game — through Alipay.

Chinese payment giant Alipay starts selling NFTs

Chinese payment app Alipay has started selling non-fungible token artwork, finding buyers for a combined 8,000 editions of two artworks within one day.