If you’re unfamiliar with what an NFT is, HYPEBEAST wrote an in-depth explainer on the topic earlier last month. But in short, NFTs are digital tokens that exist on a blockchain and are unique and cannot be replicated. They are used to prove scarcity and ownership of a digital asset, and are becoming increasingly popular in the art, music and gaming worlds.
HYPEBEAST has rounded up the top NFT stories of the week so you can stay in-the-know about the latest crypto-craze:
1. A digital artist collective called Rare Shoe launched the first-ever series of collectible NFT sneaker artworks
The singer made the announcement on social media, though the track title and release date are still under wraps. The song will still be part of his After Hours era.
Murakami is releasing his signature flower design in a 24 x 24 pixel digital artwork. There are 108 variations available on OpenSea.