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NFTs: The latest get-rich-quick scheme for the cryptosphere

NFTs: The latest get-rich-quick scheme for the cryptosphere 17 Mar, 2021 08:37 PM 4 minutes to read Financial Times By: Jemima Kelly We are in the midst of a new mania. A species of digital asset as unsexy-sounding as the non-fungible token or the only marginally sexier NFT is taking over the front pages, social media and, sadly for me, my life. Over the past two weeks, I have been added to a WhatsApp group named crypto NFTs ; been invited to two chats about the tokens on Clubhouse; and had three friends call and ask me to try to explain this strange new phenomenon. On top of this are the dozens of NFT-flavoured press releases thwarting my increasingly vain attempts to reach inbox zero.

Edmund schusterElon muskBrendan dawesFrances coppolaLondon school of economicsLondon schoolNon fungibleஎட்மண்ட் ஸ்கஸ்டர்பிரெண்டன் டவ்ஸ்பிரான்சிஸ் கொப்போலாலண்டன் பள்ளி ஆஃப் பொருளாதாரம்லண்டன் பள்ளி

Elon Musk s girlfriend Grimes makes £4m in 20 minutes selling art that doesn t exist

Elon Musk s girlfriend Grimes makes £4m in 20 minutes selling art that doesn t exist
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United statesElon muskTrevor jonesBrendan dawesClaire boucherDaily starஒன்றுபட்டது மாநிலங்களில்ட்ரெவர் ஜோன்ஸ்பிரெண்டன் டவ்ஸ்கிளாரி பவுச்சர்தினசரி நட்சத்திரம்

The bitcoin elite are spending millions on collectable memes

Christie s/Beeple It started with CryptoKitties. In December 2017, the dopey-looking cartoon cats, created by Canadian company Dapper Labs, debuted as tradable collectibles, like Pokémon cards for the bitcoin era. Each image was associated with a unique string of digits – a cryptocurrency “non-fungible token” or NFT – that could be traded on the Ethereum blockchain platform as a title deed granting the holder ownership of a particular kitty. The trading game quickly caught on among the crypto-initiated, so much so that CryptoKitties-related transactions clogged and slowed down Ethereum. That was eventually solved – and that was, for most people, the last they heard of CryptoKitties. But the process the goggle-eyed cats set off did not end there. Its end point is an auction starting tomorrow, in which a token associated with a digital collage of 5,000 images by graphic designer Beeple will go under the hammer at auction house Christie’s. Cryptocurrency payments are of

New yorkUnited statesFrance generalUnited kingdomJames beckBill gatesVincent harrisonJeff koonsCameron winklevossChristie beepleGian volpicelliJamie burkeBrendan dawesNoah davisAndrea bonacetoWilliam ororke