If you’ve been keeping up with the world of blockchain and cryptocurrency, you’ve likely heard the term “NFT” thrown around quite a bit. NFTs, or non-fungible tokens, are digital assets that exist on a blockchain and can represent anything from artwork to music to tweets. In recent months, NFTs have exploded in popularity, with individuals and companies alike rushing to create and sell their own NFTs. In this article, we’ll take a look at some of the latest NFT news, including Dan Harmon’s NFT show set for season 3, the NFT-friendly Square Enix CEO stepping down, and more.
Read more: NFT Market Erupts with $2 Billion Trading Volume in February: Report
Dan Harmon’s NFT Show Set for Season 3
Fans of Dan Harmon, the creator of hit TV shows like “Community” and “Rick and Morty,” will be excited to learn that his NFT show, “Krapopolis,” has been renewed for a third season. “Krapopolis” is a comedy that takes place in a mythical ancient Greece and features an impressive voice cast, including Hannah Waddingham, Danny Pudi, and Matt Berry. The show is unique in that it will incorporate blockchain technology and NFTs into its production and distribution, with Harmon explaining that “combining the ethos of the blockchain and the audience reach of Fox will create an entirely new business model for content creators.”
NFT-Friendly Square Enix CEO Steps Down
In other NFT news, Yosuke Matsuda, the CEO of Square Enix, the company behind popular video games like “Final Fantasy” and “Dragon Quest,” has stepped down from his role. Matsuda was known for his support of NFTs, stating earlier this year that “NFTs represent a new paradigm that allows users to truly own digital assets.” His departure has left some wondering what direction Square Enix will take regarding NFTs moving forward.
NFT Art Piece Sells for Over $69 Million
Finally, in what is likely the most talked-about NFT news of the past few weeks, an NFT art piece by the artist Beeple sold for a staggering $69 million at Christie’s auction house. The piece, titled “Everydays: The First 5000 Days,” is a digital collage of Beeple’s artwork over the past 13 years. The sale is significant not only for the price tag but for what it represents: a digital asset being recognized and sold alongside traditional works of art.
Conclusion
These latest NFT developments show just how much this technology has taken off in a short amount of time. From TV shows to video games to art, NFTs are being integrated into a wide variety of industries. As more individuals and companies begin to experiment with NFTs, it will be fascinating to see what new use cases and opportunities arise.
