NFT

Feb
07
2022
By Ellen Britt
10 NFTs Use Cases That Go Beyond Digital Art – Intellectual Property & Patents

10 NFTs Use Cases That Go Beyond Digital Art – Intellectual Property & Patents

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Ellen Britt for CNT #NFT In our previous article, we began the first part of our new series on NFT Use Cases. Today, we take a closer look at Number Two on our list, protection of intellectual property and patents. Old Skool Is Going Out The Window! Unlike trademarks and copyrights, which are the old-school methods of staking a claim to a piece of content, NFTs allow you to actually prove ownership.  Because the blockchain on which the NFT depends is immutable, you can absolutely prove your ownership or that you were the original creator of a piece of intellectual property or a patent. This…
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Feb
06
2022
By Troy Warren
GameStop partners with blockchain startup for its NFT marketplace

GameStop partners with blockchain startup for its NFT marketplace

Business, NFT, ,
Carrie Mihalcik | CNET.Com Troy Warren for CNT #Business  #NFT The marketplace is expected to launch later this year. GameStop confirmed Thursday that it plans to launch an NFT marketplace, saying it's partnered with blockchain startup Immutable X to develop the project. The NFT marketplace is expected to launch later this year, GameStop said in a release. An NFT, or nonfungible token, is a blockchain-based technology used to determine ownership of unique digital or physical items such as art, music or even a tweet. NFTs began popping up everywhere in 2021, from the NFL to Twitter to Variety, and have…
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Feb
06
2022
By Ellen Britt
10 NFTs Use Cases That Go Beyond Digital Art – Real Estate

10 NFTs Use Cases That Go Beyond Digital Art – Real Estate

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Ellen Britt for CNT #NFT In our last article, we kicked off our new series on NFT Use Cases. Coming up today, we take a closer look at number one on our list, real estate transactions, both real-world and in the metaverse. Real estate and NFTs go together like peanut butter and jelly! Anyone who has ever been involved in a real estate transaction, either as a buyer or as a seller, knows first hand the pain of the laborious, tedious, and time-consuming real estate sale and transfer process.  Let Your Fingers Do The Walking! NFTs could greatly simplify finding out…
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Feb
05
2022
By Ellen Britt
10 Ways NFTs Go Beyond Digital Art

10 Ways NFTs Go Beyond Digital Art

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Ellen Britt for CNT #NFT  As the NFT space matures, we are certain to see more and more innovation, as NFTs move to encompass not only digital art but practical applications as well. Earlier this year, we brought you an NFT Glossary series, where we explained in plain language some of the often obscure terms used in the NFT world.  Our New Series With this new series, we’ll be exploring the practical use cases of NFTs. While we’ll list them all out for you here, we’ll follow up with a series of articles taking a deeper dive into each one and what these new uses…
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Feb
04
2022
By Troy Warren
The Thesis that Kickstarted the Metaverse Craze

The Thesis that Kickstarted the Metaverse Craze

Crypto, NFT, , ,
Troy Warren for CNT #NFT #CryptoThe Consolidated Version of Matthew Ball's ‘Metaverse Primer’– and what you can learn from it.2022 has begun with a bang, as far as the metaverse goes. So far: Walmart is getting ready for the metaverse (as is Chipotle)Meta is working on a robotic eyeball to trace your eye movements Investors continue pouring money into virtual real estate, and Animoca Brands’ valuation has risen to over $5 Billion But before the current of all things crypto and NFTs carries us away, we thought we’d take a bird’s eye view and recap influential literature on the metaverse by writer Matthew Ball.Who…
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Feb
04
2022
By Ellen Britt
NFTs In Games Must Take Gamers Into Account

NFTs In Games Must Take Gamers Into Account

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Ellen Britt for CNT #NFT Although there has been a frenzy of positive adoption of all things NFT from industries as diverse as music, fashion, sports and even food companies, the adoption of NFTs into the video gaming industry has not been the initial smooth road some had predicted. Most people thought gamers would be early adopters of NFTs, as they are computer and tech-savvy, and are already used to spending money within games to purchase such items as skins, tools, weapons of war, and other things to make their gaming experience more enjoyable. Hey! Not So Fast!! But as NFTs began to be talked…
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Feb
03
2022
By Ellen Britt
Virtual Mortgages Become A New Industry In The Metaverse

Virtual Mortgages Become A New Industry In The Metaverse

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Ellen Britt for CNT #NFT A brand new economy powered by the Metaverse is rapidly emerging. And as virtual real estate becomes a thing, people who want to own homes and buy virtual land are turning to a new type of NFT financial instrument to finance their purchases. A New Financial Industry Is Born One such company is TerraZero Technologies, offering its first-ever Metaverse Mortage via the Decentraland platform. Clients explore listing right on TerraZero’s platform, including land, location, and prefab build options. Interested parties may also offer other NFT assets as leverage to get a mortgage and can interact with a TerraZero specialist to…
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Feb
02
2022
By Troy Warren
Metaverse real estate sales top $500 million, and are projected to double this year

Metaverse real estate sales top $500 million, and are projected to double this year

Crypto, NFT, ,
Robert Frank | CNBC.ComTroy Warren for CNT #NFT  #CryptoSales of real estate in the metaverse topped $500 million last year and could double this year, according to investors and analytics firms.“There are big risks, but potentially big rewards,” said Janine Yorio, CEO of Republic Realm, a metaverse real estate investor and advisory firm.So far, real estate sales have been concentrated on the “Big Four” — Sandbox, Decentraland, Cryptovoxels and Somnium.Sales of real estate in the metaverse topped $500 million last year and could double this year, according to investors and analytics firms.Real estate sales on the four major metaverse platforms…
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Feb
02
2022
By Ellen Britt
Coachella To Sell Lifetime Passes As NFTs

Coachella To Sell Lifetime Passes As NFTs

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Ellen Britt for CNT #NFT If you want to purchase a lifetime pass to the Coachella Festival, you can do so, but only if you buy the NFT that is associated with it.  The Coachella Keys Collection is an exclusive group of ten NFTs going up for sale on February 4th that will grant buyers lifetime Festival tickets. Not only do the token owners get a yearly pass, but they will also be granted access to Coachella-produced virtual experiences. Perks will also include such goodies as 2022 Festival front row access as well as a dinner hosted by a celebrity chef.  Arena Naming Rights It’s…
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Feb
01
2022
By Ellen Britt
NFTs Are Holding Their Value Even As Crypto Drops

NFTs Are Holding Their Value Even As Crypto Drops

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Ellen Britt for CNT #NFT   Both Ether and Bitcoin, two of the most well-known cryptocurrencies, have taken a tumble. But NFTs, even though they are tied to crypto, are for the most part holding their position as a store of value.   DappRadar, a data analysis company, recently reported that even while cryptocurrencies were plummeting, losing nearly fifty percent of their all time highs in November, the top 100 NFT collections in total lost only fifteen percent of their value, and some collections even gained value during the same period.   Closely Linked But NOT The Same!   It’s important…
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