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nft adoption

Consensus Magazine

Bitcoin Ordinals Can Lift the Entire Crypto Ecosystem

The arrival of the Ordinals Protocol, which allows for the creation of Bitcoin NFTs, has coincided with a big jump in the price of Bitcoin. Add that to the SEC's exemption of Bitcoin from the label of security, and we see a bullish bitcoin picture emerging.

By Michael J. Casey

Feb 17, 2023 at 6:28 p.m. UTC

Feb 17, 2023

Money ReimaginedNewslettersOpinionNFTsNFT adoptionOrdinals protocolOrdinalsSECGary Genslerlayer 1Web3

Technology

Crypto for advisors

Bitcoin NFTs Challenge the Blockchain’s Largest Use Case: Money

The Bitcoin community has been abuzz with conversations around how Ordinal Inscriptions could signal a technical improvement to NFTs. But the increased fees and transaction speeds associated with them could stifle Bitcoin’s primary use case as a medium of exchange.

By Isaiah Douglass

Feb 17, 2023 at 1:45 p.m. UTC

Feb 17, 2023

Crypto for AdvisorsNewslettersOrdinals protocolBitcoinNFTForkhard forkNFT adoptionEthereumEthereum NFT

(Yaroslav Kushta/Getty Images, modified by CoinDesk)

Podcasts

The breakdown

What’s Next for NFTs?

Stories from this week suggest that brand involvement and entertainment partnerships are likely paths forward.

By Nathaniel Whittemore

Jan 28, 2023 at 2:00 p.m. UTC

Jan 28, 2023

The BreakdownPodcastsNFT adoptionNFTsBrandentertainment

Consensus Magazine

Opinion

The Art World Underestimates the Power of NFTs

NFTs will bring about a profound structural shift in how art is created, enjoyed and sold.

By Magnus Resch

Dec 15, 2022 at 2:57 p.m. UTC

Dec 15, 2022

OpinionNFTArtNFT adoptionCrypto 2023

Tech

Polygon

Polygon’s NFT Market Demonstrates Signs of Significant Increased Adoption, but Not Growth in Sale Volume, Nansen Data Shows

Amid a crypto winter exacerbated by the FTX fallout, first-time and returning buyers have reached all-time highs in Polygon’s non-fungible token market. Yet, sales volumes are near all-time lows.

By Sage D. Young

Dec 12, 2022 at 10:39 p.m. UTC

Dec 12, 2022

PolygonNansenNFTNFT adoptionreddit