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ERC-6551 NFTs are often called "backpack wallets." (Luis Quintero/Unsplash)

What Is ERC-6551? Unpacking The ‘Backpack’ Wallet

In the past few months, several Web3 projects have adopted the ERC-6551 standard, or token-bound account. The new standard opens up a plethora of use cases across NFTs, gaming, DAOs and the metaverse.
ERC-6551 NFTs are often called "backpack wallets." (Luis Quintero/Unsplash)
Pudgy Penguins

Pudgy Penguins NFTs: Everything You Need to Know About the Adorable Animal Project

The collection of 8,888 chubby cartoon penguins embodies a happy vibe, but the project has faced controversies along its way.
Pudgy Penguins
(Beeple)

The Top 10 Most Expensive NFTs of All Time

While the market for NFTs has cooled from the frenzy that marked 2021, the digital assets are still generating billions of dollars in trading volume in 2023.
(Beeple)
(NVS/Getty Images)

What Are Dynamic NFTs? Understanding the Evolving NFT

Dynamic NFTs are digital tokens that use smart contracts to change over time.
(NVS/Getty Images)
(MoonCats Rescue)

What Are MoonCats? The Legacy NFT Project Revived by Its Community

Created in 2017, the collection of generative pixel art-style cats was rediscovered in 2021 and quickly gained popularity.
(MoonCats Rescue)
(Getty Images)

What Are the Top NFT Blockchains?

The recent addition of Bitcoin NFTs has added a new player in the non-fungible token space, but Bitcoin Ordinals have a long way to go before they reach the heights of NFTs on Ethereum or other top blockchains like Solana and Polygon.
(Getty Images)
The author's Bitcoin Ordinal NFT (ordinals.com)

Bitcoin NFTs: What Are Ordinal NFTs and How Do You Mint One?

NFTs on Bitcoin are different from the Ethereum NFTs most people are familiar with. Here’s what you need to know.
The author's Bitcoin Ordinal NFT (ordinals.com)
(AlexandrMoroz/Getty Images)

Introducing CoinDesk’s First Web3 Newsletter: The Airdrop

Our weekly newsletter breaks down the biggest news related to internet culture, NFTs, DAOs and the metaverse that is pushing Web3 forward.
(AlexandrMoroz/Getty Images)
(Getty Images)

What Is an Open Edition NFT Sale?

The mechanic allows for any number of artwork editions to be minted in a given collection, making the work more accessible to the masses.
(Getty Images)
(Andriy Onufriyenko/Getty Images)

Non-Fungible Terms: NFT Lingo Every Collector Should Know

Before you "ape" into NFT trading, brush up on your vocabulary with our beginner-friendly glossary.
(Andriy Onufriyenko/Getty Images)
(Fiona1/Getty Images)

What Is an NFT Floor Price?

The metric measures the lowest price for an NFT in a collection. It's often a good starting point for understanding the popularity of an NFT collection and the token's value over time.
(Fiona1/Getty Images)
(Martínez/Unsplash)

How to Level Up Your Knowledge of Web3 Gaming

Blockchain technology is redefining the gaming industry and giving players an opportunity to own their digital identities and assets. Here's how to get started.
(Martínez/Unsplash)
(Wat'hna Racha/EyeEm/Getty Images)

7 Platforms and Communities Web3 Writers Should Know

Web3 is opening up a world of possibilities for storytellers, from literary NFTs to blockchain-based publishing platforms and even writer-focused DAOs.
(Wat'hna Racha/EyeEm/Getty Images)
(Screengrab via OpenSea)

The Different Types of NFTs: A Simple Guide

From fashion for avatars to social profile pictures to digital collectibles, the NFT ecosystem continues to expand and evolve, even in the face of the chilly crypto winter. Here are eight different kinds of NFTs you should know.
(Screengrab via OpenSea)
(Dall-e/CoinDesk)

Let’s Get 'Phygital': Combining the Physical and Digital in Web3

The new portmanteau speaks to experiences that bridge the gap between the virtual and the real world, like sneakers that exist in both the metaverse and on your feet.
(Dall-e/CoinDesk)
(Getty Images)

Do You Owe Taxes on Your NFT?

Here are the NFT-related rules of thumb to consider when filing your 2022 taxes.
(Getty Images)
(erfouris studio/Pixabay)

The NFT Creator's Guide to Year-End Tax Planning

A step-by-step guide to help NFT artists navigate taxes and find ways to reduce their tax bill.
(erfouris studio/Pixabay)
(Getty Images)

How to Find Your Community in Web3

As the Web3 ecosystem continues to expand, so too have the ways in which people can connect and form communities.
(Getty Images)
(Dall-E/CoinDesk)

What Are Generative Art NFTs?

While the art style has been around for decades, generative art recently gained popularity as a tool for NFT artwork thanks to artists like Tyler Hobbs, Snowfro and Pak.
(Dall-E/CoinDesk)
The X Evolutions (RTFKT)

Top Brands in Web3, NFTs and the Metaverse

From Nike to Budweiser to Tiffany, some of the most famous brands in the world are making big bets, and big money, with NFTs and other Web3 projects.
The X Evolutions (RTFKT)
(Shutterstock)

New NFT Marketplace Blur Is Courting Professional JPEG Traders With an Airdrop and No Trading Fees

The platform is backed by investment firm Paradigm and has launched to buzzy reception.
(Shutterstock)
(Simone Ranzuglia/EyeEm/Getty Images)

The Web3 Guide to Getting Into the Music Industry

We spoke to industry leaders about how to break into the music industry and foster an engaged audience using a Web3 toolkit.
(Simone Ranzuglia/EyeEm/Getty Images)
NFTs on Magic Eden (Screenshot modified by CoinDesk)

What Is Magic Eden? How to Get Started on the NFT Marketplace

The high-volume company boasts low transaction costs and no fees for listing non-fungible tokens.
NFTs on Magic Eden (Screenshot modified by CoinDesk)
(Wikimedia Commons, modified by CoinDesk)

NFTs and Intellectual Property: What Do You Actually Own?

As non-fungible token holders look for new ways to monetize their digital collectibles, creators might seek to define what collectors can and can’t do with the original artwork.
(Wikimedia Commons, modified by CoinDesk)
(Michael M. Santiago/Getty Images)

GameStop NFT Marketplace: A Beginner’s Guide

The gaming retailer recently launched a crypto wallet and a marketplace for gaming-focused NFTs.
(Michael M. Santiago/Getty Images)
Meta NFT wallet images in Instagram (Meta Platforms)

NFTs on Instagram and Facebook: How to Show Off Your Digital Collectibles

Whether you’re a creator or a collector, Meta's NFT integration allows users to share their digital collectibles and verify ownership.
Meta NFT wallet images in Instagram (Meta Platforms)
(Doodles via OpenSea, modified by CoinDesk)

What Are Doodles? Everything You Need to Know About the Colorful NFT Project

From the NFT project's long-term utility to its creative partnership with Pharrell.
(Doodles via OpenSea, modified by CoinDesk)
Moonbirds NFT series

What Is CC0? The Copyright Designation Buzzing in the NFT Space

Many NFT holders are hopeful about their digital assets' potential long-term value through intellectual property rights and a copyright designation known as CC0.
Moonbirds NFT series
Sudoswap (screenshot, modified by CoinDesk)

What Is Sudoswap? How to Use the NFT Marketplace

The decentralized NFT marketplace functions in a very different way than more familiar centralized options.
Sudoswap (screenshot, modified by CoinDesk)
(Getty Images)

What Are Soulbound Tokens? The Non-Transferrable NFT Explained

Ethereum co-founder Vitalik Buterin describes soulbound tokens as non-transferable NFTs that can help represent a person's identity and achievements in Web3.
(Getty Images)
Laundromat (Getty Images)

What Is NFT Wash Trading?

The shadowy practice is often used to manipulate markets and create a false sense of high demand.
Laundromat (Getty Images)
Nifty Gateway on a smartphone (Shutterstock)

Nifty Gateway NFT Marketplace: A Beginner’s Guide

The Gemini-owned marketplace is known for its high-end digital art and curated collections.
Nifty Gateway on a smartphone (Shutterstock)
(Getty Images)

How to Get Liquidity From NFTs Without Selling Them

Renting, fractionalizing and using non-fungible tokens as collateral are some ways to turn your asset into coins.
(Getty Images)
What is NBA Top Shot? (Unsplash)

NBA Top Shot 101

The NFT marketplace allows you to buy and sell original NBA digital content.
What is NBA Top Shot? (Unsplash)
LooksRare NFT Marketplace icon (LooksRare)

How to Buy and Sell NFTs on LooksRare

The community-first marketplace rewards its users with LOOKS tokens for transacting.
LooksRare NFT Marketplace icon (LooksRare)
Letters spelling NFT sit on circuits and hundred dollar bills

Can You Buy NFTs Without Owning Crypto?

For consumers who want digital collectibles, music or art but feel reluctant to use cryptocurrency, here's some good news.
Letters spelling NFT sit on circuits and hundred dollar bills
SuperRare in SoHo (Nicolas Sanchez)

SuperRare NFT Market: A Beginner’s Guide

An overview of the high-end NFT art market built on the Ethereum blockchain.
SuperRare in SoHo (Nicolas Sanchez)
(Unsplash)

Sorare 101: How to Get Started With Sorare NFTs

Sorare is an NFT-based competitive fantasy game filled with the world’s best soccer leagues and Major League Baseball stars.
(Unsplash)
(Unsplash)

Autograph 101: What Are Autograph NFTs?

Launched in August 2021 and cofounded by NFL legend Tom Brady, Autograph is an NFT platform allowing users to purchase digital assets signed by some of the greatest athletes.
(Unsplash)
NFL All Day (Unsplash)

NFL All Day 101: How to Buy, Sell and Trade NFL NFTs

NFL All Day is a digital collectible marketplace that lets football fans collect video highlights in the form of NFTs and connect with other like-minded fans from around the world. This piece is part of CoinDesk's Sports Week.
NFL All Day (Unsplash)
(paylessimages/Getty Images)

What We Know So Far About SHIB: The Metaverse

The meme coin continues to expand its utility with its latest move into the metaverse.
(paylessimages/Getty Images)
NFT Wallet (Marco Verch/Flickr)

How to Transfer NFTs Between Wallets

As an NFT collector or investor, you'll want to learn how to transfer your collectibles in and out of crypto wallets.
NFT Wallet (Marco Verch/Flickr)
Sandbox Screenshot (Modified by CoinDesk)

What Is the Sandbox and How To Get Started

Here's a step-by-step guide on what you need to know to explore and play in The Sandbox metaverse.
Sandbox Screenshot (Modified by CoinDesk)
(Getty Images)

What Is NFT Lending?

If you want to make money from NFTs without selling the ones you own, you have many options, from peer-to-peer lending platforms like Blend to letting someone rent your NFT for a while.
(Getty Images)
(CryptoPunks modified by CoinDesk)

How Can You Share an NFT? Fractional NFTs Explained

Even though non-fungible tokens by definition are singular and unique, there are ways to split up the cost of investing in NFTs.
(CryptoPunks modified by CoinDesk)
(Bored Ape Yacht Club character)

What Are PFP NFTs?

Social media profile pics are one of the most popular ways to display NFT ownership.
(Bored Ape Yacht Club character)
NFT members-only club concept (Getty Images)

No Non-Fungible Tokens, No Entry: How NFT Social Clubs Work

NFTs have evolved dramatically in the last year and can now be used as keys to access exclusive social clubs and networks.
NFT members-only club concept (Getty Images)
The main square for NYE in Decentraland.

Decentraland for Beginners: How to Get Started in Decentraland

You may have heard of Decentraland, and you might know it calls itself "the first-ever virtual world owned by its users." But where do you start?
The main square for NYE in Decentraland.
what are nfts

What Are NFTs and How Do They Work?

NFTs are crypto assets that grant gamers and collectors ownership over their digital items.
what are nfts
bored ape yacht club

What's the Story Behind Bored Ape Yacht Club Creator Yuga Labs?

The organization has become a household name in the crypto industry following the immense success of its BAYC NFT collection.
bored ape yacht club
CryptoPunk V1 (left) and V2 (right) (Yuga Labs)

CryptoPunks, CryptoCats and CryptoKitties: How They Started and How They’re Going

Not all NFTs are created equal. This is both true for their uniqueness and their value, which for some select collections have far exceeded six figures, including for these three.
CryptoPunk V1 (left) and V2 (right) (Yuga Labs)
(Getty Images)

OpenSea vs. Rarible: Which Is the Better NFT Marketplace?

It's a close call, but there are some pros and cons to using both OpenSea and Rarible NFT marketplaces that you should know.
(Getty Images)
Letters spelling NFT sit on circuits and hundred dollar bills

What's the Most Profitable NFT Strategy: Buying at Mint or Later?

In the world of digital art, one of the few constants is the “fear of missing out” on the next major project. But is there a right time to buy an NFT to increase your chance of making a profit?
Letters spelling NFT sit on circuits and hundred dollar bills
NFT POAP trophy (Getty Images)

POAPs: What Is a Proof of Attendance Protocol?

POAPs have emerged as a new way of keeping an immutable record of your life experiences, including virtual and in-person events.
NFT POAP trophy (Getty Images)
Music NFTs Are Booming (Alexander Shatov/Unsplash)

What Are Music NFTs?

NFTs aren't just cat GIFs and JPEGs of cartoon apes, they can also represent immutable ownership of music clips too.
Music NFTs Are Booming (Alexander Shatov/Unsplash)
(Getty Images)

Rarible NFT Marketplace: How to Get Started

Here's a guide to the marketplace used by Floyd Mayweather Jr. and Lindsay Lohan to create NFTs.
(Getty Images)
(Getty Images)

NFTs in the Metaverse: How to Earn Money With Unique Assets

Non-fungible tokens have created new ways for gamers to generate revenue in virtual worlds.
(Getty Images)
(Getty Images)

OpenSea Marketplace: How to Buy, Sell and Mint NFTs

Find out how to mint, purchase and sell your unique non-fungible assets on the world's largest NFT marketplace.
(Getty Images)
Pixel art NFT collectibles (Getty Images)

Buying NFTs During Presales and Public Mints: Things You Should Know

Being the first person to own a newly created NFT isn't without its risks. No matter how lucrative you might think the opportunity is.
Pixel art NFT collectibles (Getty Images)
Woman with virtual reality glasses.

What Can You Actually Do in the Metaverse in 2022?

The future possibilities of the metaverse are presumably limitless, but is there anything you can do in the metaverse right now?
Woman with virtual reality glasses.
(Getty Images)

NFTs: 4 Piracy and Copyright Essentials for Buyers and Sellers

Here are some questions to ask when creating or buying unique, non-fungible assets.
(Getty Images)
(Getty Images)

Sports NFTs: How to Get in the Game

Non-fungible tokens have become a hot new revenue stream for sports leagues and their millions of fans.
(Getty Images)
One of the four fountains on the Four Fountains crossroads representing the goddess Juno, Rome, Italy

Cómo crear tu primer NFT: una guía paso por paso para principiantes

Costó 12 horas y el uso de tres dispositivos Apple, pero esta poeta de 30 años logró acuñar su primer NFT. Y tú también puedes hacerlo: aquí tienes una guía paso a paso para crear un token no fungible.
One of the four fountains on the Four Fountains crossroads representing the goddess Juno, Rome, Italy
One of the four fountains on the Four Fountains crossroads representing the goddess Juno, Rome, Italy

Minting Your First NFT: A Beginner’s Guide to Creating an NFT

It took 12 hours and three different Apple devices, but this 30-something poet successfully minted her first NFT – and so can you. Here's a step-by-step guide to creating an NFT.
One of the four fountains on the Four Fountains crossroads representing the goddess Juno, Rome, Italy
(Getty Images)

NFT Scams: How to Avoid Falling Victim

With crypto-based scams becoming increasingly more sophisticated, it's easier than ever to fall for them. Here's how to keep your NFTs safe.
(Getty Images)
MILAN, ITALY - JANUARY 23: Printed images of the Fortnite video game characters are seen attached to seats in the stadium as part of a promotion during the Serie A match between AC Milan and Atalanta BC at Stadio Giuseppe Meazza on January 23, 2021 in Milan, Italy. (Photo by Jonathan Moscrop/Getty Images)

How to Make, Buy and Sell NFTs

The NFT market continues to grow as one of the industry’s most prominent sectors. Here’s how to make, buy and sell these digital assets.
MILAN, ITALY - JANUARY 23: Printed images of the Fortnite video game characters are seen attached to seats in the stadium as part of a promotion during the Serie A match between AC Milan and Atalanta BC at Stadio Giuseppe Meazza on January 23, 2021 in Milan, Italy. (Photo by Jonathan Moscrop/Getty Images)
(Getty Images, modified by CoinDesk)

How to Invest in the Metaverse

Metaverse land and crypto are just some of the ways future tech enthusiasts can invest in the next digital frontier.
(Getty Images, modified by CoinDesk)
(Getty Images)

How to Buy a Tom Brady NFT

16,600 NFTs belonging to the new Tom Brady Origins collection sold out in minutes.
(Getty Images)
pixel coin

5 Ways to Earn Passive Income From NFTs

Forget selling your NFTs. Now, you can make your unique digital items work for you.
pixel coin
Rollo desordenado de billetes rojos apilados. (Getty Images)

What Is a ‘Semi-Fungible’ Crypto Token?

Concert tickets, gift vouchers and coupons are all examples of semi-fungible items.
Rollo desordenado de billetes rojos apilados. (Getty Images)
NFT marketplaces

NFT Marketplaces: A Beginner’s Guide

Non-fungible token (NTF) marketplaces allow digital collectors to buy, sell and create their own tokens that represent ownership of unique, tangible and intangible items.
NFT marketplaces
metaverse crypto

A Crypto Guide to the Metaverse

Verifiable, immutable ownership of digital goods and currency will be an essential component of the metaverse.
metaverse crypto
IRS

Your NFT Tax Questions, Answered

Now that the IRS has extended the filing deadline to May 17, NFT investors have more time to get their taxes in order.
IRS


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