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 ...

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 ...

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.

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 ...

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, 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.

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 tokens can be created and stored in a public blockchain that is open and accessible to anyone. The items they represent are verifiable and traceable, while the owner can remain anonymous.

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

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 ...

A new enterprise that has captured widespread attention is the production and use of nonfungible tokens, or NFTs. Like individual snowflakes, each NFT is unique; unlike snowflakes, each lasts ...