NFTs are still considered to be new, with a possibility that the future will present new innovations in the design and usage of NFTs. NFTs are already available in a wide range of types, created for a specific purpose or multiple. Digital art Digital art can be almost any kind of image that appears on your computer screen, from a simple avatar to an abstract collage of colors. In-game items With NFTs, in-game items can have a life outside the confines of the game itself. Gamers can store data on NFTs to ensure that their hard-won trophies stay around even if the game itself doesn’t. Tickets to live events NFT tickets are already widely available, some observers believe that NFT technology may even be able to curtail scalping. Collateralized loans, video clips, music and Internet memes too. There are and can be multiple kinds of NFTs, making NFTs useful for representing digital art, collectibles, usernames, in-game items, certificates, memberships and other very unique assets.

Team1 Thailand is here 🇹🇭 SaWaDiKa Two crowds are building in Thailand, and they rarely meet: the founders and nomads passing through Bangkok, Phuket, and Chiang Mai, and the local devs and students ready to ship. We're building the community hub for Avalanche and to bring everybody together. Before launching as an official chapter, we were already on the ground building the foundation: ⬩ Flagship events nationwide, now reaching beyond Bangkok into Chiang Mai ⬩ Workshops and hackathons with 4 university clubs: Thammasat, Chulalongkorn, Kasetsart, and MUIC ⬩ Events co-hosted with Pudgy Penguins, Bitkub, Binance TH, ST Thailand, and 4SEAS ⬩ Builders onboarded in Thai and English, from first wallet to first deployment Our mission is to make Thailand one of Avalanche's biggest builder hubs in Asia and to back adoption where it's already happening: payments, stablecoins, and institutional infrastructure. That means real programs and real outcomes. 🔺 Workshops and hackathons on campus 🔺 Founder support and direct access to Team1 programs 🔺 Project funding with access to Mini Grants, and Accelerator Grants. 🔺 Marketing and distribution support, even for teams that aren't funded 🔺 Community meetups & builder nights Thailand's institutions are coming on-chain, and we're building the community to match. If you're a founder, developer, student, or just passing through Bangkok, we're here, and we'd love to connect. Get involved with Team1 Thailand 👇

Patience, young makooors AVAX Szn is coming Recipe: api.makooor.com/r/DeMYb4-p

If you’ve been in this space for a while or you’re new, you must have heard the term “NFTs”. The entire web3 space is filled with terminologies like this and at the hive we’re dedicated to making sure you know what they mean. Let’s take a deep dive into the world of NFTs! NFTs short for “non-fungible tokens” have been in the news quite often over the last few years, frequently mentioned in headlines linking them to improbably large sums of money. The buying and selling of NFTs has become big business in just a short period of time. What is an NFT? NFT stands for “non-fungible token” but what does that mean, exactly? NFTs are unique blockchain-based assets that can represent ownership or a specific piece of information. Unlike fungible tokens such as $AVAX or USDT, where one unit is inter-changeable with another, each NFT has its own identity and properties. NFT serves as a certificate of ownership and allows you to stake your claim on a specific item existing on- or off-line and present proof of this claim when needed. If you want to transfer ownership of the item, you can sell your NFT to another party and because you’re basically trading tokens, the process is extremely simple.

Missing Summit already? Us too. Here’s what was announced, launched, unveiled, or teased last week alone: - $807B New York Life Investment Management is bringing its first tokenized fund to Avalanche through @centrifuge, putting its U.S. High Yield Corporate Bond Strategy onchain. - @aave is launching a specialized RWA lending market on Avalanche, giving institutions a way to borrow against tokenized financial assets. - @BuildOnIris raised $40M+ to expand ALVA, bringing payments, identity, rewards and settlement onchain for mobile users across emerging markets. - $500B asset manager Janus Henderson became an Avalanche validator and is providing anchor capital to @TranchedFi, an onchain credit platform with $300M in AUM. - @tare_io raised $13.25M to build a regulated financial institution entirely onchain, connecting loan originators directly with institutional capital. - @COTInetwork launched Privacy-on-Demand and its Privacy Portal on Avalanche, bringing private computation and transactions to C-Chain applications. - @Paxos integrated Avalanche across infrastructure serving 650+ institutions and supporting 470M+ end users globally. - @NYSE plans to bring 24/7 trading onchain with its in-development ATS platform. - Michael Blaugrund of Intercontinental Exchange / NYSE said: “As we’ve evaluated different platforms, Avalanche checks a lot of those boxes for us, so we’re very engaged with the team.” - @tassatgroup published new results from @Lynq_Network’s move to an Avalanche L1: 65% faster processing and 50% lower infrastructure costs for its institutional settlement network. - @uptop_xyz and @UMichAthletics are bringing Michigan fan rewards onchain, creating one identity across sports that rewards fans for how they show up. - @raincards is integrating KRW1 from @BDACSKorea into its global payments infrastructure, opening a path to 175M+ Visa merchant locations. - Hyundai Card outlined its next steps after its Avalanche payments PoC, with a focus on proving the model can operate at scale. - @PharaohExchange is planning to bring permissionless, 24/7 trading of tokenized U.S. stocks to Avalanche DeFi. - @TheGrottoL1 announced their app’s expansion to Windows, Mac, and Linux, as well as launching their in-house studio. - @Bitwise co-founder Hunter Horsley said that if he were building a chain: “hell yeah” it would be on Avalanche. - @si_tickets_ teased that multiple Premier League stadiums will go fully onchain in 2027. - @FIFACollect crossed 1 MILLION users, with CEO Francesco Abbate pointing to Avalanche technology as the natural fit for its requirements. - @bloxtel unveiled the AP 201, bringing private 5G infrastructure, subscriber identity and authentication onchain with Avalanche. - @insomniacevents is partnering with Avalanche and @raincards on a new fan loyalty program for live entertainment. - @kevinolearytv unveiled his $11M 1-of-1 Shohei Ohtani card in public for the first time, said he’d like to one day tokenize it, and later pointed to Avalanche’s multi-chain architecture as one of the reasons it has his attention. And, perhaps most importantly: @luigidemeo, @Melt_Dem and @fintechfrank ate some really hot wings and survived. Barely. Eventful week, and it’s just the start. More to come, stay tuned 🔺

If you’ve been in this space for a while or you’re new, you must have heard the term “NFTs”. The entire web3 space is filled with terminologies like this and at the hive we’re dedicated to making sure you know what they mean. Let’s take a deep dive into the world of NFTs! NFTs short for “non-fungible tokens” have been in the news quite often over the last few years, frequently mentioned in headlines linking them to improbably large sums of money. The buying and selling of NFTs has become big business in just a short period of time. What is an NFT? NFT stands for “non-fungible token” but what does that mean, exactly? NFTs are unique blockchain-based assets that can represent ownership or a specific piece of information. Unlike fungible tokens such as $AVAX or USDT, where one unit is inter-changeable with another, each NFT has its own identity and properties. NFT serves as a certificate of ownership and allows you to stake your claim on a specific item existing on- or off-line and present proof of this claim when needed. If you want to transfer ownership of the item, you can sell your NFT to another party and because you’re basically trading tokens, the process is extremely simple.