NFTs Are Taking the 2022 FIFA World Cup by Storm

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In the world of NFTs, there’s no sleeping giant capable of eclipsing professional sports. In 2022, this emerging subset of the NFT market flashed its potential several times. Across the professional sporting world, sports teams have taken in Bored Apes to function as virtual mascots, several licensed sports-themed blockchain games have successfully hit the market,…

Online Auction Houses Are Boosting the Global Appetite for Art

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The art world encompasses various types of art, including more traditional forms like fine art, antiques, and artifacts, and newer contemporary mediums such as non-fungible tokens (NFTs) and digital collectibles. Today, these all come together in one place through a common digital denominator: the digital marketplace where auctions take place. Digital marketplaces have unlocked the…

A Law Professor Explains Why NFTs Don’t Protect Digital Ownership

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In 2021, an investment firm bought 2,000 acres of real estate for roughly $4 million. Normally, this would not make headlines, but in this case the land was virtual. It existed only in a metaverse platform called The Sandbox. By buying 792 non-fungible tokens on the Ethereum blockchain, the firm then owned the equivalent of…

5 Major Challenges You’ll Face When Going to College in the Metaverse

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Increasingly more colleges are becoming metaversities — taking their physical campuses into a virtual online world, often called the “metaverse.” One initiative has 10 U.S. universities and colleges working with Meta, the parent company of Facebook, and virtual reality company VictoryXR to create 3D online replicas — sometimes called digital twins — of their campuses…