The future of non-fungible tokens is getting more clarity in China as the country’s tech giants come together to formulate standards for the nascent industry. The China Cultural Industry Association, along with Tencent, Ant Group, Baidu, and others, jointly issued a “self-disciplined de…
Facebook begins testing NFTs with select creators in the US
After debuting NFT support on Instagram in May, Meta has launched digital collectibles support on Facebook with select creators. A spokesperson for Meta told TechCrunch that the company has started a slow rollout that allows a select group of creators in the United States to post digital collectibl…
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Cryptoys banks a16z funding to build NFTs for kids
The past several months haven’t been entirely kind to the NFT market — while transaction volume hasn’t stuttered too significantly, the dollar amount invested in the space has been in free fall as cryptocurrency prices have taken a historic dive. With that as background, it might …
This Ukrainian deeptech startup has trained an AI to paint war art
A Ukrainian deeptech startup is launching a charity NFT project to sell AI-generated artworks with the twin goal of raising money to support people affected by Russia’s war of aggression and also — it hopes — keep attention locked on the conflict as it approaches its fourth month,…
The data doesn't appear to indicate that there is a more attractive way to view NFT activity today. It is, by a number of measuring methods, depressed at the moment. This meets our view of a slump.