Tag: NFTs

What are wash trading and money laundering in NFTs?

[ad_1] NFT wash trading is a problem for investors, the global community, collectors and traders because these participants use less liquid nonfungible tokens to manipulate the price of an asset. Due diligence has become more difficult as investors have been forced to rely on measurable statistics, making wrong investment...
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NFTs, Web3 and the metaverse are changing the way scientists conduct research

[ad_1] Scientists can leverage blockchain tools, such as smart contracts and tokens, to improve collaboration in scientific endeavors between different stakeholders. This so-called decentralized science movement, or DeSci for short, combines blockchain and Web3 technologies to improve scientific research. A primary goal of DeSci is wider participation and funding...
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Looking Ahead at NFTs in 2022

[ad_1] 2021 was the year of the non-fungible tokens or NFTs. Though they have been around since 2014, the world did not seem to take much note of these digitally unique tokens until around March, when several famous artists exploded onto the headlines with multi-million dollar NFT sales. Ever...
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Square Enix CEO reveals plans for blockchain, metaverse, NFTs

[ad_1] Wider adoption of nonfungible tokens (NFT) and play-to-earn games may be on the way, as one of the world’s largest gaming companies sees them as the future of the industry. Yosuke Matsuda, CEO of Square Enix, revealed the company’s intentions for blockchain and NFT spheres in his new...
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MyEtherWallet allows users to mint Ethereum blocks as NFTs

[ad_1] MyEtherWallet, or MEW, launched its first nonfungible token (NFT) collection called ETH Blocks on Thursday, which tokenizes individual blocks on the Ethereum blockchain. Unique images associated with ETH Blocks are generated based on the block’s data. These NFTs are available exclusively to MEW users via the MyEtherWallet website....
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