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Codex Protocol Receives $5 Million Investment From Blockchain Fund Pantera Capital paymentweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paymentweek.com Daily Mail and Mail on Sunday newspapers.
In 2021, you have probably heard the term “NFT”. Most likely thanks to artist Beeple and his incredible $69 million Christie’s auction for the “Beeple – First 5000”. This represented the entire collection of every piece of work Beeple had done over a 5000 day period. If nothing else, that’s consistent. NFT means “Non-Fungible Token” and it typically refers to a blockchain token that is attached to a digital asset that proves it is unique. In the case of Beeple, the NFT proves that it is both authentic and unique – great for Beeple, great for the collector. But where did this come from and what’s the big idea? In short, the NFT industry has been around for a few years but very few people were paying attention to it. One of the people that did pay attention was Charles Read, founder of Rarestone Capital and avid digital art collector. ....