Non-fungible tokens (NFTs) are digital or physical assets recorded on the blockchain. They can be sent from one individual to another, used in video games, or held in cryptocurrency wallets as an asset. On-chain NFTs refer to tokens written solely on the blockchain, with all metadata and smart contracts being stored on-chain. On the other …
CryptoPunk #9998 is part of the CryptoPunks NFT collection with wild white hair, green clown eyes, and black lipstick. Its features make it one of the rarest Cryptopunks available. The collection was originally launched in June 2017 by Larva Labs, and was free to collect for anyone interested with an ETH wallet. There are 10,000 …
The Story of Cryptopunk #9998: Did It Really Sell for $532 Million? Read More »
An NFT (Non-Fungible Token) is a physical or digital asset that exists on a blockchain and cannot be replicated; and these digital assets have been selling for eye-widening amounts lately. NFTs made headlines throughout 2021, despite the first NFT being created in 2014. During this period, artists like Beeple, Pak, and Tyler Hobbs regularly sold …
Minting is the process in which a transaction is validated on the blockchain to create a new asset, with that asset being an NFT. Some projects let users mint directly through their website, whereas others let you mint NFTs through Etherscan. Etherscan is a blockchain explorer for the Ethereum blockchain that’s used to review transactions …
The “Floydies†NFTs have sparked a contentious debate over intellectual property within the NFT world after an NFT collection of George Floyd caricatures in diverse costumes and settings emerged. George Floyd was an African-American man who was wrongly murdered by a police officer in Minneapolis, Minnesota, in May 2020. The police officer behind the crime …
