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NFTs are everywhere. Here’s how to buy one from TikTok, NFL, more

NFTs are taking over sports, media, art and more. But what are they? We’ll break it down.

The world of NFTs is changing by the minute but what are they? NFTs, or nonfungible tokens, can be tied to a video highlight, a meme or a tweet. Think of them as tokens tied to an expensive digital asset. It may (or may not) be able to make you a lot of money in the future (more below). NFTs are like cryptocurrency but there are some big differences. We know, it’s complicated.

Here’s what we know. You can bid on an NFT for a pretty penny (most are expensive). But that doesn’t mean that you own the asset. These expensive tokens are so popular that Variety and the NFL are all kickstarting NFTs. And if you remember Neopets, the virtual pet space is creating NFT collectibles, too.

In short, NFTs offer a blockchain-created certificate of authenticity for a digital asset or piece of art. If this doesn’t make much sense to you, it’s OK. We’ll break down what NFTs really are, how much they cost and how you can bid on a digital asset to have an NFT of your own.

What’s an NFT?

This is the part that takes a bit of open-mindedness. An NFT is a unique digital token, with most using the Ethereum blockchain to digitally record transactions. It’s not a cryptocurrency like Bitcoin or Ethereum, because those are fungible — exchangeable for another Bitcoin or cash. NFTs are recorded in a digital ledger in the same way as cryptocurrency, so there’s a listing of who owns each one.

What makes an NFT unique is the digital asset tied to the token. This can be an image, video, tweet or piece of music that’s uploaded to a marketplace, which creates the NFT to be sold.

What kind of NFTs can I buy?

NFTs can be tied to any digital asset. Anything you see online can be an NFT — music, social media posts, clip art and more. Here are some of the latest nifty NFTs we found.

TikTok Moments

The latest big news in NFTs is TikTok’s new video collection called TikTok Moments. The videos will celebrate the impact that artists have on TikTok. Proceeds from the collection will go to NFT artists and creators. The first collection will start with Lil Nas X and be available starting Oct. 6 on the Etherum.

Fortune

And Fortune gave its readers a chance to get in on the NFT craze. The company sold 256 copies of the limited edition cover from the graphic artist Pplpleasr for Fortune’s August/September magazine on OpenSea. The copies sold out within five minutes starting at 1 Etherum (estimated $3,000). But the NFTs were available for resale at three times the cost.

Sorare digital trading cards

But NFTs go beyond artists and music. Recently, Sorare released its «Super Rare» Lionel Messi digital trading card that’s currently bidding at €29,992.75, equivalating to over $35,000. Sorare also announced that it raised $680 million for its next-level sports fantasy game. The funding is currently led by SoftBank.

Tiger Woods’ Autograph collectibles

And in sports, Tiger Woods is currently selling thousands of digital collectibles on Autograph on the DraftKings marketplace. The collection starts at $250. Naomi Osaka, Derek Jeter and Tonk Hawk are also releasing digital collectibles on Autograph, which is co-founded by Tom Brady.

As the hype for NFTs grows, expect more digital assets to come up for sale and bring in some big money.

Where can I buy and sell NFTs?

While you may not want to jump right in bidding six figures, there are multiple NFT marketplaces out there to check out, with Opensea being the biggest. Buyers can search for art, domain names and random collectibles to bid on without having to break the bank. And Woods’ digital collection is one of the many NFT collections available on DraftKings marketplace, including Tony Hawk, Simone Biles and other athletes.

And Christie’s recently auctioned off NFTs of featured Art Blocks art from its Post-War to Present collection, some of today’s most popular NFTs. Christie’s auctioned off Curio Cards on the Ethereum blockchain for over $1.2 million.

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On the other hand, if you want to sell an NFT of your art, you can use NFTify, the Shopify NFT store, to sell NFTs without creating your own store. You’ll also need a MetaMask account to get going. And Burberry recently announced a partnership with Mythical Games to gamify buying, selling and collecting toys as NFTs through the Blankos Block Party game. CNET’s own Chris Parker also made a step-by-step guide on how to make and sell your own NFT, in the video below.

If I have an NFT, do I own the asset?

Nope.

That’s the real kicker to understanding the whole concept. The person who buys the NFT doesn’t own the actual asset.

«NFTs challenge the idea of ownership: digital files can be reproduced infinitely and you do not (usually) buy the copyright or a license when purchasing an NFT,» said Jeffrey Thompson, associate professor at the Stevens Institute of Technology in Hoboken, New Jersey.

For example, the creator of the Nyan Cat meme sold an NFT of it for $590,000. The person who bought the token owns the token, but doesn’t actually own the meme. That still belongs to the creator, who held onto intellectual and creative rights.

What the owner of the token has is a record and a hash code showing ownership of the unique token associated with the particular digital asset. People might download Nyan Cat and use it on social media if they want, but they won’t own the token. This also means they can’t sell the token as the owner can.

Why are NFTs so expensive?

As with physical collectibles such as Beanie Babies, baseball cards and toys, there’s a market for NFTs. The buyers tend to be tech-savvy individuals who understand the idea of wanting to purchase digital goods and likely made a killing this past year with cryptocurrencies. Ethereum, for example, went from just over $100 last March to a current price of about $3,400. In some cases, buyers are just flexing their digital wallets to show off how much crypto they have, but for others, there’s a deeper interest.

«Specifically for art-related NFTs, there is a huge surge in demand due to their novelty and creativity of early artists,» Jason Lau, chief operating officer of crypto exchange OKCoin, said in an email. «Whether it’s a physical work with an attached NFT (think of it as a digital autograph and proof of veracity), or an entirely digital work (where the NFT is the art), this new medium is opening new ways for collectors and artists to explore their relationship with the artwork itself.»

It’s also great for the artists, says Lau. By selling digital art directly to those interested, an artist can begin monetizing work without having to try to sell it in a gallery.

What are the pitfalls of NFTs?

A drawback is the hundreds of dollars in fees required to create an NFT. If you’re making your own token on the Ethereum blockchain, you need to use some Ethereum, which as mentioned earlier is kind of pricey. Then after you make an NFT, there’s a «gas» fee that pays for the work that goes into handling the transaction and that’s also based on the price of Ethereum. Marketplaces simplify the process by handling everything for a fee when an NFT is sold.

There’s also an environmental cost. Like Bitcoin, Ethereum requires computers to handle the computations, known as «mining,» and those computer tasks require a lot of energy. An analysis from Cambridge University found that mining for Bitcoin consumed more energy than the entire country of Argentina. Ethereum is second to Bitcoin in popularity, and its power consumption is on the rise and comparable to the amount of energy used by Libya.

Technologies

Netflix Green-Lights ‘Assassin’s Creed’ TV Series Adaptation

The original partnership between Netflix and Ubisoft began five years ago. We’ll soon be able to see the fruits of the union, with the upcoming adaptation.

You can now add Assassin’s Creed to the Netflix game-to-show adaptation portfolio. The streamer has green-lit a new TV series based on the game franchise from Ubisoft. Netflix was sparse on details regarding the story itself but said the live-action adaptation, five years in the making, will include the «rich storytelling» that players of the games would expect. 

Assassin’s Creed is a historical action-adventure game that spans multiple time periods and has players assuming the role of multiple characters across the franchise. The first title was released in 2007 and has spawned multiple sequels. More than 230 million units of Assassin’s Creed have been sold. The games typically consist of a modern-day character using specialized software to relive the memories of historical figures to alter history for the better. 

The upcoming streaming series’ logline gives a glimpse of what to expect when the series arrives: «Assassin’s Creed is a high-octane thriller centered on the secret war between two shadowy factions — one set on determining mankind’s future through control and manipulation, while the other fights to preserve free will.»

Peter Friedlander, Netflix vice president of Scripted Series, says the adaptation, «honors the legacy of the Assassin’s Creed franchise and invites longtime fans and newcomers alike to experience the thrill of the Brotherhood as never before.»

Netflix has a number of game-to-streaming adaptations under its belt, and more on the way, including the much-loved and long-awaited BioShock film that’s been in development for the past three years. Assassin’s Creed seems like a solid addition to the lineup and like something that’ll get a lot of people excited. Other adaptations include Castlevania, Resident Evil, Arcane and many more. 

Netflix tapped Robert Patino (Westworld, Sons of Anarchy) and David Wiener (Halo, Brave New World) to be the creators of the adaptation. Both also serve as showrunners and executive producers. Additional producers include Gerard Guillemot, Margaret Boykin, Austin Dill for Ubisoft Film & Television, and Matt O’Toole.

No release date has been set.

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Technologies

AI-Powered Smart Devices Help Older Adults Age at Home, Survey Finds

Despite trust in smart home tools and cameras, though, older people are generally skeptical of AI-generated material.

Older adults often find artificial intelligence smart home devices and voice assistants useful in helping them age in place, according to a new survey by the University of Michigan.

More than half of people surveyed aged 50 and older have used generative AI tools they spoke or typed messages to, according to the National Poll on Healthy Aging, released by the U-M Institute for Healthcare Policy and Innovation. 

By comparison, a June Pew Research Center poll found that 25% of US adults 50 to 64 and 10% of those 65 and older had used ChatGPT, OpenAI’s flagship AI tool and the most popular chatbot. (Disclosure: Ziff Davis, CNET’s parent company, in April filed a lawsuit against OpenAI, alleging it infringed Ziff Davis copyrights in training and operating its AI systems.)

The Michigan survey, a telephone poll of 2,883 adults ages 50 to 97 across the US, looked not only at text-based chatbots like ChatGPT but also voice assistants like Amazon’s Alexa and Apple’s Siri. Most significantly, the survey found nearly all older adults want to be sure when they’re receiving information generated by AI. 

«AI is here to stay. Many older adults seem to know about its benefits, yet most want more information about potential risks when using AI technologies,» Robin Brewer, an assistant professor in the U-M School of Information, said in a statement. «The near-universal interest in clear labeling of AI-generated information should also be heeded by policymakers and the AI industry.»

Smart home devices help older adults maintain independence

The Michigan researchers found 51% of Americans aged 50 or older had used voice assistants in the past year, with 80% of those saying the devices helped them live independently and safely at home. AI-powered home security devices, like smart locks, cameras and alarm systems, were used by 35% of the adults, with 96% saying they helped them live independently.

«Smart home devices frequently suggest using their latest features to watch over older relatives or help them live better lives,» CNET smart home expert Tyler Lacoma said. «AI face recognition, for example, can send alerts to a family member if it spots someone leaving their home or granny pod to go shopping. Smart locks, meanwhile, make sure that older users never forget to lock the doors when they leave. I’m curious to see what the newest AI voice assistants like Gemini and Alexa Plus will bring to the table for older adults, perhaps by making more complex home technology easier to use with simple conversation.»

Another 14% of adults reported using AI to receive health-related information, although 47% of them said they’d rather interact with a person or by phone for that kind of information. 

Older adults are generally skeptical of AI

Just 35% of the older adults surveyed said they’d be interested in using AI in their day-to-day lives, and while 58% expressed interest in knowing more about the benefits of AI, even more, at 81%, said they wanted to know more about the risks. Just over half of them said they thought AI would do more harm than good. That split generally aligns with the results of a broader Pew survey from earlier this year, which found 51% of Americans were more concerned than excited about AI.

Read more: AI Essentials: 29 Ways You Can Make Gen AI Work for You, According to Our Experts

The older adults in the Michigan survey also expressed understandable skepticism about the information generated by AI models, with 47% saying they had little or no trust in it. A similar portion said they weren’t confident they could detect when it’s incorrect. That problem is significant, especially as more information-gathering tools like search engines are built primarily on AI. Experts advise that you should always double-check information before making an important decision. 

«This inability to tell verified information from false information, whether in the form of text, image, video or audio, is especially important when it comes to health information,» poll director Dr. Jeffrey Kullgren said in a statement.

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Technologies

Get a Free Storm Skin, Hawkeye Skin and More in Marvel Rivals Season 3

As the Phoenix and Knull clash in Marvel Rivals Season 3, there has never been a better time to don new skins and leap into battle.

Marvel Rivals season 2.5 may have taken our heroes off-world as they battled across Arakko, but season 3 is throwing us into the furthest reaches of space to fight a new threat: Knull and his symbiote army.

Stopping one symbiote is tough enough. Fighting off an army of them is going to require a whole new wardrobe’s worth of battle gear. Luckily for you, there are many ways to unlock some free skins in the hit hero shooter right now — including the Milano Repair Logs event that evens the odds with a free Storm Symbiote Storm skin.

Outside of the latest event, there are still other ways to earn free skins right now. Whether you’re getting used to Phoenix’s dense set of abilities or you’re still getting used to the ever-shifting landscape of team-up moves, season 3 has introduced a slate of free skins that you can use to deck out your favorite characters.

Here’s what you need to know about the Milano Repair Logs event, current Twitch drops and the Marvel Rivals season 3 battle pass.

Get the Storm Symbiote Storm skin during the Milano Repair Logs event

The Milano Repair Logs event is a simple challenge-based event launched at the beginning of season 3. It’s similar to the Cerebro Database events from season 2, but instead of playing a game of tic-tac-toe, you just have to complete every objective presented to you.

There are seven repair logs to complete, with each repair log containing three separate challenges. The challenge rewards are pretty solid this time around — there are some character-based sprays, profile pics and other filler, but you can also earn a handful of units and hundreds of Chrono Tokens that will give you an early boost in completing the season 3 battle pass.

You unlock new repair logs by completing the previous ones, so there’s no skipping out on challenges that don’t fit your usual play style. Once you complete all seven repair logs, you automatically unlock the free Storm Symbiote Storm skin for your outfit wardrobe. The Milano Repair Logs event lasts until Aug. 8, so you’ll want to unlock the Storm skin before then.

If you want to complete your symbiote skin collection, there are a smattering of Venom-themed skins for other characters on the battle pass (including two skins on the free track). There are also plenty of Venom- and Phoenix-themed skins in the in-game shop if you’ve collected enough units to snatch up an incoming bundle or two.

How can I get free skins during Marvel Rivals season 3? 

Players who link their Twitch account to their Marvel Rivals account can nab a free Hawkeye skin.

But if you only care about rewards you can earn in-game, a Phoenix skin is available by progressing through the competitive ladder and new looks for Groot and Rocket Raccoon are available for free on the season 3 battle pass.

What Marvel Rivals skins are available free right now?

There are currently nine free skins available. Here’s how you get them: 

  • Storm Symbiote Storm: Complete all 21 challenges included within the Milano Repair Logs event by Aug. 8 in order to unlock this skin.
  • Hawkeye Will of Galacta: To claim this skin, you’ll need to link a Twitch account to your Marvel Rivals account and then watch six hours of livestreams from streamers participating in the drop campaign. The Hawkeye Will of Galacta skin is available until Friday, Aug. 16.
  • Phoenix Emerald Flames: Reach Gold rank or higher in competitive mode in season 3. You must play at least 10 competitive matches to be eligible to receive the skin.
  • Groot Symbiote Flora: Reach page 4 in the season 3 battle pass by Sept. 11.
  • Rocket Raccoon Symbiote Raccoon: Reach page 10 in the season 3 battle pass by Sept. 11.

Four of the currently available free skins are not time-gated although they are locked behind achievements or platform exclusivity. Here are the Marvel Rivals skins you can unlock at any time:

  • Spider-Man Scarlet Spider: This skin is available to PS Plus subscribers who play the game on the PS5. It can be found on the PSN Store under Marvel Rivals DLC. 
  • Peni Parker Ven#m: Like the Scarlet Spider skin, this Ven#m skin is available for PS Plus subscribers and can be found in the PSN Store. This skin is also available in the Marvel Rivals in-game store, where it can be purchased with units.
  • Storm Ivory Breeze: Earn 200 Achievement Points in the Heroic Journey achievement section. 
  • Star-Lord Jovial Star: Earn 400 Achievement Points in the Heroic Journey achievement section.

How can I get more free Marvel Rivals skins?

There are many ways to get skins in Marvel Rivals. Sometimes the developer issues special codes to unlock them while others require completing challenges. There are also some made available by watching streams on Twitch and many skins are «free» for progressing through the Marvel Rivals Battle Pass, which costs 990 Lattice, or about $10.

You can also earn skins through regularly playing the game, as a free skin is frequently awarded with the completion of seasonal events. Players who reach gold rank or higher in competition also receive a free skin as a reward for their performance. Live events like season 2’s Cerebro Database and the current Milano Repair Logs challenge include free skins as a completion reward.

What free skins used to be available in Marvel Rivals?

Twitch drops, battle passes and promo codes get cycled in and out of rotation, allowing Marvel Rivals players to earn different free skins from engaging with the game during different events. Here are all of the previously available free skins, what season they were introduced in and how they were obtainable.

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