Notes

An Unbiased View of What is an NFT? - Digiday


<h1 style="clear:both" id="content-section-0">See This Report about What Are NFTs, or Non-Fungible Tokens? - ScienceAlert<br></h1>
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<p class="p__0">5 million financial investment, with some cats selling for over $100,000 each. Following its success, Crypto, Kitties were contributed to the ERC-721 requirement, which was then settled in January, 2018, and affirmed making use of the term "NFT" to describe "non-fungible tokens." In 2018, Decentraland, a blockchain-based virtual world which initially offered its tokens in August 2017, raised $26 million in a preliminary coin offering, and had a $20 million internal economy since September 2018.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://townsquare.media/site/366/files/2021/03/GettyImages-919078630.jpg?w=980&amp;q=75" alt="What is an NFT? - Savjee.be"><span style="display:none" itemprop="caption">What's an NFT? It's What Makes GIFs Worth Big Bucks: QuickTake - Bloomberg</span>
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<p class="p__1">In 2019, Nike patented a system called Crypto, Kicks that would use NFTs to confirm the authenticity of physical tennis shoes and offer a virtual variation of the shoe to the customer. In Additional Info , the developer of Crypto, Kitties, Dapper Labs, launched the beta variation of NBA Top, Shot, a job to offer tokenized collectibles of NBA highlights.</p>
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<p class="p__2">Later that year, the job was released to the public and reported over $230 million in gross sales since February 28, 2021. The NFT market experienced quick growth during 2020, with its value tripling to $250 million. In the first three months of 2021, more than $200 million were invested on NFTs.</p>
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<h1 style="clear:both" id="content-section-1">Getting The What Is NFT Art, and How It Works? - The European Business To Work<br><img width="449" src="http://image.slidesharecdn.com/water-100617025817-phpapp01/95/water-3-728.jpg?cb=1276744217"><br></h1>
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<p class="p__3">Blockchains such as Ethereum, Circulation, and Tezos established particular standards to ensure that the digital item represented are authentically distinctive. NFTs are now being utilized to commodify digital properties in art, music, sports, and other popular home entertainment, with most NFTs part of the Ethereum blockchain, while other blockchains can implement their own versions of NFTs.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://www.earthlink.net/wp-content/uploads/2021/05/What-is-an-NFT-infographic.png" alt="What is an NFT? - Savjee.be"><span style="display:none" itemprop="caption">NFTs: Why crypto art and sports collectibles are suddenly so popular</span>
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<p class="p__4">In February 2021, the musician Grimes offered around $6 million worth of tokens representing digital art on Nifty Gateway. Later that month, an NFT representing the meme animation Nyan Cat was offered in a Web marketplace for just under $600,000. On February 28, 2021, electronic dance artist 3LAU offered a collection of 33 NFTs for a total of $11.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://i.cbc.ca/1.5933556.1614707827!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/sheldon-corey-nft.jpg" alt="7 steps for a Successful NFT Business — The NFT sell-out framework - by Henrique Centieiro - Sep, 2021 - Level Up Coding"><span style="display:none" itemprop="caption">What is NFT art, from Chicago artist? - Chicago Tribune</span>
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<p class="p__5">On March 5, 2021, the band Kings of Leon became the first to sell a recently released album, When You See Yourself, in the form of an NFT, producing a reported $2 million in sales. On March 11, 2021, American digital artist Beeple's work ended up being the very first NFT artwork to be noted at prominent auction home Christie's and cost $69.</p>
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