Intellectual property specialist IPwe, which has been working with IBM for years on a blockchain solution for the patent industry has announced that it will begin representing patents as non-fungible tokens (NFTs) or digital assets. The tokenization of intellectual property will help position patents to be more easily sold, traded, commercialized or otherwise monetized and bring new liquidity to this asset class for investors and innovators.
When customers borrow or buy art from Niio platform, they can display it on a screen in the knowledge that there is no issue with copyright or originality because the NFT and blockchain ensures that ownership is authentic.
Coder. Blockchain technology. Angel investor. Cryptocurrency entrepreneur. Non-fungible Token (NFT) art collector.
Injective Protocol bought a piece of Banksy artwork from a New York gallery, and then live-streamed its burning on the Twitter account Burnt Banksy. The blockchain company believes they have made it more valuable, because it has been sold as piece of blockchain art. Welcome to the world of blockchain or NFT (non-fungible token) art.
Built on the blockchain, the same technology behind cryptocurrencies like Bitcoin, NBA Top Shot moments are tiny pieces of digital ephemera that belong to you, and you alone. And, much like trading cards, they've become strangely lucrative, particularly for a small subset of gamblers, cryptocurrency speculators, and super collectors. It's hard to know what's real and what's not. If your're lucky, you will hit the jackpot.
