A lot of people think NFTs are just overpriced JPEGs that speculators spent millions of dollars on during the pandemic's heyday — but they're so much more than that.
Blockchain is in a much different position than it was a year ago, and external factors, such as incoming regulation and broader market trends, play a significant role in what projects will get or deserve substantial backing.
Traditional games monetize by perpetuating a flow of value where players invest their time and money, only to increase the profits retained by game developers. Conversely, NFTs enable players to capture the value they create within the ecosystem.
If you were around during the NFT bull run like me, you certainly felt intrigued at how "pictures of animals" were being sold for hundreds of thousands of dollars.
Who would have thought the day would come when the average person could own land next to their favorite celebrity with just a few clicks of a button from the comfort of their own home? The metaverse has made that a reality.
The Founder of Ooonimals, Club 44, and the OOO Studio Lab talks about his current projects and what you need to know about the risks and rewards that exist in the NFT space.
For CEOs and other leaders in the crypto and NFT spaces, now is the time to demonstrate the kind of leadership qualities that will help your companies navigate these choppy waters and avoid capsizing.
From unforgettable cinematic moments to photojournalism at its finest, these three NFT drops can remind businesses how much pictures are worth when they're inextricably woven into a shared cultural history.
NFTs are an emerging art form. And like the films, plays and other media that preceded them, they'll eventually be subject to the same immutable laws governing longevity, profitability and mass appeal.