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Articles on Non-fungible tokens

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The metaverse might be a work in progress, but a key prototype – the virtual world – has been around for several decades. Screen capture from Second Life by Tom Boellstorff

How we describe the metaverse makes a difference – today’s words could shape tomorrow’s reality and who benefits from it

Who makes money from the metaverse, and how, comes down to what it becomes. And shaping the metaverse is, to a large degree, a matter of definitions.
What will it take for the metaverse to live up to its potential? (Shutterstock)

What is the metaverse, and what can we do there?

The metaverse is being hyped as a game-changing virtual platform that will transform our digital lives. But it has some inherent challenges to overcome in order to achieve mass adoption.
For some, promoting cryptocurrencies is political activism. Vasil Dimitrov/E+ via Getty Images

Behind the crypto hype is an ideology of social change

Many people promoting cryptocurrencies are looking for something bigger than the future of financial transactions. They’re aiming to break free of governments and corporations.
In the metaverse, your avatar, the clothes it wears and the things it carries belong to you thanks to blockchain. Duncan Rawlinson - Duncan.co/Flickr

The metaverse is money and crypto is king – why you’ll be on a blockchain when you’re virtual-world hopping

For the metaverse to work, people need to own their virtual bodies and possessions and be able to spend money. The same cryptographic technology behind bitcoin will make that possible.
Nike ad in New York in 2018, showing former San Francisco 49ers quarterback Colin Kaepernick after his 2016 kneeling protest. Could a corporation sell an act like Kaepernick’s ‘kneel’ as an NFT? (AP Photo/Mark Lennihan)

NFT performance art: Corporations could capitalize on protest

When we see the high prices some are paying for NFT art, we must assume more performances, and potentially, acts of protest, could circulate as NFTs.
NFTs can be used to prove who created and who owns digital items like these images by the artist Beeple shown at an exhibition in Beijing. Nicolas Asfouri/AFP via Getty Images

How nonfungible tokens work and where they get their value – a cryptocurrency expert explains NFTs

NFTs are made the same way as crypto coins, but where every crypto coin is like every other, each NFT is a unique digital item – from images to sound files to text.

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