{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Scoop","title":"NFT Scoop with MK Manoylov: A Brief History of NFTs","html":"","width":"100%","height":180,"duration":2119,"description":"Non-fungible tokens (NFTs), the blockchain-based method to verify and transfer ownership of a digital asset, exploded in popularity in 2021. \nThough some collections such as NBA Top Shot and CryptoPunks had existed before last year’s climb in popularity, NFTs largely did not enter mainstream consciousness until the arrival of Bored Ape Yacht Club, a collection of 10,000 algorithmically assembled images of languid monkeys. \nThe success of Bored Ape Yacht Club in the spring of 2021 sparked an influx of large-scale NFT collections such as Mutant Ape Yacht Club, Meebits, Doodles, Cool Cats and Azuki. What followed was the scramble in the crypto community to buy in early to the next popular project, and the rush for non-crypto natives to understand what these types of tokens even are. \nAround the same time as so-called profile-picture projects emerged, NFTs also expanded into the gaming sector through play-to-earn (P2E) mechanics. The P2E game Axie Infinity particularly emerged as a giant in the blockchain-based gaming space in the late summer and early fall of 2021 before losing traction. \nIn all, NFTs surpassed $13 billion in trading volume in 2021. NFT trading volume cooled in concert with the broader crypto bear market in 2022. With high-profile parties like Coinbase and GameStop entering the space, this technology doesn’t seem to be going away. And with them, so too are pertinent questions around copyright and ownership.\nIn this debut episode of The Block's NFT Scoop, reporter MK Manoylov speaks with The Block Research's Thomas Bialek about the history of NFTs, where they came from, and what lead to their explosion in popularity in 2021.\n\nEpisode 68 of Season 4 of The Scoop was recorded remotely with The Block's MK Manoylov and The Block Research's Thomas Bialek.\nListen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com.\nThis episode...","thumbnail_url":"https://img.transistorcdn.com/kC6kzNjgr18dm0FmBfV_f9xccAkjj-QXoCJmVNlNtrU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xZmIz/N2E5MmRmMzJjOTU3/OTNhYjJkYzcxZTlj/MTU2Yi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}