Nonfungible tokens (NFTs) took off in 2021, and Nonfungible.com is reporting that NFT game sales hit $5.17 billion during the year.. L’Atelier BNP Paribas and NonFungible.com released a report ...

Marketers are creating nonfungible tokens that come with perks as their novelty has waned over time. New NFTs come with perks like freebies, club membership and access to brand executives.

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. While 2020 was a big year for decentralized finance, the nonfungible token (NFT ...

Alex Drylewski, Dan Michael and Shaud G. Tavakoli of Skadden, Arps, Slate, Meagher & Flom LLP discuss the legal framework and recent cases that address whether NFTs (nonfungible tokens) are ...

Nonfungible, meaning you can't exchange it for another thing of equal value. A $10 bill can be exchanged for two $5 bills. One bar of gold can be swapped for another bar of gold of the same size.

Nonfungible tokens were all the rage last year as artists, athletes, celebrities and big retailers used the emerging technology to hawk digital versions of their wares. But recent data suggests ...

The startup, now valued at about $500 million, directs artificial-intelligence prompts to various large language models based ...

So nonfungible tokens are sort of like cryptocurrencies, except they have unique qualities and they aren’t necessarily used as money. Why is that important? Well, until pretty recently ...

How nonfungible tokens work and where they get their value. A cryptocurrency expert explains the basics of NFTs and the business and buzz behind them. The Conversation via Reuters Connect. April 15, ...

“Nonfungible tokens” and blockchain technology are taking the mainstream art world by storm, fetching huge prices. We explain, or try to. Share full article A detail from Beeple’s ...

The U.S. Senate has passed the “Build America Act of 2021” also known as the bipartisan infrastructure bill, that includes new reporting for cryptocurrency transactions and brokers of ...

Nonfungible tokens, or NFTs, may trigger unexpected taxes and penalties if they’re held in an individual retirement account, the IRS said in a notice issued in March. IRA funds can be invested ...