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NFTs: how top brands like Nike and Prada are using them – and what could go wrong

NFTs: how top brands like Nike and Prada are using them – and what could go wrong: Forget real sneakers – soon we'll be more worried about the digital variety. naratrip2 Luxury fashion house Prada has a scheme for customers who want something even more exclusive than its usual range of clothing and accessories. Each month, on …

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NFTs: one year after Beeple sale, non-fungible tokens have become mainstream

NFTs: one year after Beeple sale, non-fungible tokens have become mainstream: Beeple's NFT art sale propelled NFTs into the public consciousness. mundissima / Shutterstock One year ago, an artwork was sold for US$ 69 million (£52.6 million) by the prestigious auction house Christie’s. This was no lost Matisse or rarely seen Van Gogh. Instead, it …

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NFTs: WWF tried raising money with digital art but backtracked – environmental charities should follow suit

NFTs: WWF tried raising money with digital art but backtracked – environmental charities should follow suit: GGG999/Shutterstock Most online images are just a right-click away from being in someone’s personal collection. They’re free, pretty much. So it’s tough for charities to fundraise with them. That is, until 2017 when non-fungible tokens, or NFTs, came along. …

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Cryptocurrency, NFTs and the metaverse threaten an environmental nightmare – here’s how to avoid it

Cryptocurrency, NFTs and the metaverse threaten an environmental nightmare – here’s how to avoid it: Cryptocurrency's environmental impact is raising concerns. Voytek Pavlik/Wikimedia As concerns rise and hearings are held in the US about the cryptocurrency industry’s effect on the environment, it’s time to address blockchain’s poor sustainability record. The first port of call should …

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NFTs are much bigger than an art fad – here’s how they could change the world

NFTs are much bigger than an art fad – here’s how they could change the world: Homes fit for zeroes (and ones). Julien Tromeur Sotheby’s has become the latest establishment name in art to dive into NFTs (non-fungible tokens) through its collaboration with anonymous digital artist Pak and NFT marketplace Nifty Gateway. The auction house sold …

Read moreNFTs are much bigger than an art fad – here’s how they could change the world