'NFTs: Enter the Metaverse' | Watch the film

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What exactly is an NFT? Find out more by watching “NFTs: Enter the Metaverse” premiering on ABC7 TOMORROW at 10 p.m. and on the ABC7LA app. metaverse crytpocurrency

In 2021, three otherwise unassuming letters would upend the worlds of cryptocurrency, technology, art, and pop culture all at once.

NFTs, or non-fungible tokens, were propelled into the mainstream after an unprecedented $69.4 million sale at the historic art auction houseat Christie's for $69.4 million marked the beginning of a seemingly unstoppable NFT wave, where everyone from digital artists to mainstream celebrities like

 

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GRMI_Studios ferndaddynft Check out Fern Daddy Making impact already planted 25,000 trees!

didn't this scam just crash?

The answer: They are worthless.

I think in 10 yrs, much like Beanie Babies people will look back & see NFT are worthless. NFT = No F-ing Thing NFTCommunity nftcollector

Jerkoff on a napkin, take a picture of it... Congrats you got an nft... 🖕

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'NFTs: Enter the Metaverse' | Watch the trailerWhether you love 'em or hate 'em, NFTs are probably here to stay. So what are they, and why are so many people, including celebrities like Paris Hilton, Mark Cuban, Gary Vaynerchuck, and others, obsessed with them?
Source: 6abc - 🏆 250. / 63 Read more »

Outside View: At Trademark Conference, Talk of NFTs, Metaverse and CounterfeitingAt the International Trademark Association conference, IP lawyers discussed a range of issues affecting brands, including new legislation, NFTs and the metaverse, customs protection and counterfeiting.
Source: wwd - 🏆 24. / 68 Read more »

Luxury and NFTs: what happens if the bubble bursts?With the growing number of metaverse projects and NFT collaborations coming from the luxury industry, it would appear the non-fungible market is thriving, but recent numbers may hint otherwise.
Source: LuxuryDaily - 🏆 325. / 59 Read more »

Cannes: Is the Film Industry Really Ready to Embrace NFTs?From Blockchain to Web 3.0 and DAOs, there are a lot of new buzzwords out there — and plenty of skepticism — but supporters say these new technologies can make filmmaking more accessible, transparent and efficient: “We are just scratching the surface.” No... no no no... the market for this is a disaster right now lol
Source: THR - 🏆 411. / 53 Read more »

Magic Eden Tops OpenSea in Daily Trading Volume as Solana NFTs Heat Up.magiceden has passed opensea in daily NFT transactions, but the average trader on the Solana-based marketplace still spends much less per purchase. elitanjourno reports opensea elitanjourno Slowly, and then all at once 💜🤝 Solana summer baby MagicEden opensea elitanjourno Just wait for XRP nfts 😏😏😏 MagicEden opensea elitanjourno Are Gas Fees included in your calculations l?
Source: CoinDesk - 🏆 291. / 63 Read more »

Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral – Blockchain Bitcoin NewsThis month, a project called Nftfi has facilitated roughly $25.6 million in non-fungible token (NFT) loans. Wow, that's really a lot of usdt Its real SHIB_x10 Another interesting fact is that metastreetxyz is the largest capital provider of DAI on NFTfi, which accounts for a significant majority of collateralized NFT volume.
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