Sunday, 5th May 2024
To guardian.ng
Search

Brands, celebrities jump on NFT bandwagon despite growing backlash

By France24
05 February 2022   |   12:04 pm
The hype around NFTs is reaching critical mass, with more and more companies and public figures joining the frenzy each day. In this edition of Tech 24, we explore why this might be the case, despite the technology itself being almost eight years old – the first NFT was created back in 2014. We also delve into the controversial world of play-to-earn gaming, which relies on NFTs. It promises money for playing, but does it deliver? Our Technology Editor Peter O'Brien has been finding out.

0 Comments

Your email address will not be published. Required fields are marked *

Related

3 days ago
To mark International Workers' Day, anti-poverty NGO Oxfam has released analysis showing that between 2020 and 2023, shareholders saw their dividend payments increase by 45 percent while workers saw their wages increase by just 3 percent.
3 days ago
The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.
3 days ago
The US Federal Reserve has decided to keep its benchmark interest rate steady at 5.25 to 5.50 percent. Fed Chairman Jerome Powell said while inflation has eased significantly over the past year, it's still too high, and that while wage growth has slowed down, the labour market remains tight.
2 days ago
The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.
3 days ago
The number of foreign direct investment projects in Europe fell 4 percent in 2023 compared to the previous year, the first decline since the pandemic.
3 days ago
China's minister of commerce is in Europe for a week-long trip, with a focus on pushing back against accusations of unfair state subsidies in the Chinese electric vehicle sector.