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This New App Lets You Turn Anything and Everything Into an NFT Alerts Photo: mundissima (Shutterstock) Despite the fact that a majority of Americans still don’t know what an NFT is, the non-fungibles have really taken over the country burrowing their way into our wallets and also, apparently, our hearts. Advertisement America’s confusion likely stems from the fact that NFTs can be pretty much anything. Since the designation refers to a technical process by which a digital file is minted on the blockchain and transformed into a crypto asset, lots of stuff can qualify so long as it goes through that process. So while the list of non-fungibles has included highfalutin content like postmodern murals and digital art videos, it has also included images of toilet paper, Gucci Mane’s sneakers, and something called a Pringles CryptoCrisp. ....
You have successfully joined our subscriber list. Liquidity providers in DeFi can now earn rewards in NFT token BAEPAY and use it across different Blockchain Art Exchanges. The non-fungible token (NFT) marketplace has seen a solid surge in recent times. It is already a multi-billion dollar market and some of the biggest names from the digital art, sports, entertainment, and the music world are riding currently on the NFT mania. However, we are today talking about mybae.io, a unique NFT platform that caters to the requirements of DeFi users. BAE is the first-of-its-kind NFT platform with BAEPAY fully integrated with the Uniswap platform. Besides, it focuses majorly on rewarding liquidity providers on the Uniswap platform. ....
An NFT (non-fungible token) artwork by NSA whistleblower Edward Snowden has been sold for more than $5.4 million. The artwork titled Stay Free combines the entirety of a landmark US court decision ruling the National Security Agency s (NSA) mass surveillance violated the law, with the iconic portrait of the whistleblower. The funds will benefit the Freedom of the Press Foundation, where Snowden is the president. FIVE POINT FIVE MILLION from @PleasrDAO. It feels like the whole staff of @FreedomOfPress is watching live, and we ve never seen anything like this. This is more than a spectacle, Snowden tweeted. Emerging applications of cryptography can play an important role in supporting our rights. This auction will drive the development of valuable and privacy-protecting uses of encryption, to safeguard press freedom and serve the public, he added. ....
Photo: Lukas Schulze (Getty Images) Cryptoart.wtf, the popular crypto art carbon calculator that allowed us to see the real impact the NFT buying craze is having on our poor planet, is shutting down. Its creator, Memo Akten, stated that he decided to take the site down after information from it was used “as a tool for abuse and harassment.” Advertisement In a message to the site posted on Friday, Akten said he believed that information on the ecological costs of crypto art should be available to the public, just as similar information is available for flying, iPhone manufacturing and use, or watching Netflix.Akten, an artist and computer scientist, did not specify the kinds of abuse and harassment that led him to shut down the site, although one might deduce that he was referencing the blaming of artists selling crypto artwork based on the message. ....