OpenSea CEO Devin Finzer says NFTs are entering a new phase, shifting from hype to real-world utility in gaming and beyond.

CryptoPunks collection in OpenSea displayed on a phone screen and NFT logo displayed on a screen are seen in this illustration photo taken in Krakow, Poland on April 19, 2022. (Photo by Jakub Porzycki ...

NFTs, like cryptocurrencies, are minted on a decentralized ledger called a blockchain. But unlike cryptocurrencies, they aren't "fungible," or equivalent to each other. For example, a single Bitcoin ...

Nonfungible tokens (NFTs) have been gaining a lot of attention in recent years, and for good reason. These digital tokens, which are unique and cannot be replicated, have the potential to ...

NFTs have paved the way for novel forms of engagement between fans, artists, and creators. According to a report from Fact.MR, the global NFT market is currently worth an estimated $34 billion, and it ...

UPDATE (June 20): The "Airphoria" event has been officially revealed, and it does not include in-game NFTs in Fortnite. However, the collaboration includes connections to Nike's NFT-driven .Swoosh ...

Over the past ten years, the gaming industry has significantly changed its monetization tactics. Conventional business models like one-time purchases have developed into more complex ecosystems, ...

The pace of progress is always accelerating for the gaming industry. Since pixelated table tennis was cutting-edge tech, innovation has been the gaming industry’s only constant. Today non-fungible ...

One reason for backing off from NFT schemes is that prices for some NFTs and for crypto assets in general have fallen since the 2021 surge in NFT enthusiasm, Bloomberg reported Sunday (Sept. 18).

By Dr Don Basile While deep-pocketed hedge funds are buying Bitcoins or investing in decentralized finance protocols, many curious digitalists and everyday artists are looking at a provably scarce ...

Speaking to TheStreet Roundtable host Scott Melker, OpenSea CEO Devin Finzer addressed the future of NFTs, saying the next wave of adoption will be driven by utility, not just art or collectibles.