non-fungible token

Sonu Nigam follows Amitabh Bachchan’s footsteps, launches Indian music industry's first-ever NFT series

JetSynthesys has partnered with singer Sonu Nigam to launch the Indian music industry's first-ever NFT series.

Nov 19, 2021, 23:32 PM IST

Unbelievable! Twitter CEO Jack Dorsey’s first tweet sold for a whopping Rs 18 crore

NFT is a digital good on the Ethereum blockchain which allows people to buy and sell ownership of unique digital items and keep track of who owns them using the blockchain. The artist Grimes recently sold several NFT items for nearly $6 million.

Mar 22, 2021, 20:39 PM IST

A 10-second video clip bought for $67K has sold for $6.6 million: Here's the story behind it

It's a new type of digital asset - known as a non-fungible token (NFT) - that has exploded in popularity during the pandemic as enthusiasts and investors scramble to spend enormous sums of money on items that only exist online. Blockchain technology allows the items to be publicly authenticated as one-of-a-kind, unlike traditional online objects which can be endlessly reproduced.

Mar 02, 2021, 11:24 AM IST