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The explosive (and inclusive) potential of NFTs in the creative world Digital collectibles are having a very large moment. Just last month, a piece of digital art by Beeple sold for $6.6 million on online art marketplace Nifty Gateway. Meanwhile, Linkin Park’s Mike Shinoda recently sold clips of a song via online marketplace Zora. Over on Dapper Labs’ NBA Top Shot, more than 200,000 people recently waited hours for the chance to buy one of just 10,631 packs of digital NBA moments. Those marketplaces, along with others, are where people go to buy digital assets, or, non-fungible tokens (NF...

‘The fastest growing marketplace in history’: Vancouver’s Dapper Labs at the center of NFT craze Geekwire 3/3/2021 © Provided by Geekwire (Dapper Labs Photo) NFTs go viral: Digital collectibles, also known as non-fungible tokens (NFTs), are suddenly the talk of the tech world. They’ve been around for a few years, but gained steam in recent weeks. Music star Grimes just sold about $6 million worth of digital art earlier this week. The NBA’s new Top Shot trading cards have generated $230 million in sales over the past month. Popular Searches How it works: NFTs use blockchain tec...

NFT is a new type of digital asset, and it has exploded in popularity during the pandemic as enthusiasts scramble to spend enormous sums of money ...

It’s one thing to see news about a painting by a famous artist selling for millions of dollars. But how do you sell a computer file for that much?

NBA Top Shot/Twitter Written for Daily Hive by Sam Chan, VP of Programs at Launch Academy, Western Canada’s Premier Tech Incubator. Since 2012, Launch has helped incubate more than 6,000 entrepreneurs, of which 300 have grown their startups to Seed and Series A stage and raised over $730 million in funding.  When I was 10 years old, my dad took me to my first basketball game. I spent the weeks prior dreaming about it, fantasizing about the potential dunks and plays. My heart still races when I think back to that time. I was there to cheer on my Vancouver Grizzlies, and they started the ga...