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Multichain Relayer Infrastructure Network Biconomy Secures $9M from DACM, Mechanism Capital, Coinbase Ventures, Others
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Nym gets $6M for its anonymous overlay mixnet to sell privacy as a service – TechCrunch
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Apr 29, 2021
Rose Stokes
Unless you happen to be well versed in all things cryptocurrency and blockchain technology, non-fungible tokens, or NFTs as they are more commonly known, are likely to have entered your realm of consciousness only very recently. Or maybe you are learning about them for the first time.
Either way, in the space of a few short months, NFTs have gone from being niche digital assets, relegated to conversations between crypto natives, to headline-grabbing instruments used by high-profile creatives to earn eye-watering sums for their digital work.
But what exactly are they? What are the benefits and risks of investing? And should we all be buying them?
Digital currency platform Coinbase saw its value shoot upwards today as it smashed expectations on its market debut on the Nasdaq exchange.
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