Forget Lambos, NFTs are the new crypto status symbol
NFTs continue to dominate the crypto conversation, with PNGs on social media profile pictures becoming the new hype. Not so many years ago, Lamborghinis were the main “flex” for crypto “moon-boys” as token prices reached astronomic valuations. Several high-profile cryptocurrency proponents made it a habit of arriving at conferences behind the wheels of exotic supercars and “when Lambo” was a popular refrain in the industry.These days, nonfungible tokens (NFT) are arguably the main topic of conversation in the crypto space, and ownership of expensive PNGs to be displayed on social media....
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Over the last few days, cryptocurrency advocates have been discussing the Sat Symbol initiative, a goal that aims to get a specifically designed symbol to represent the smallest unit of bitcoin and also get the symbol widely adopted. The Sat Symbol has been promoted by a number of crypto luminaries but others have offered alternative ideas.
Initiative Attempts to Tie Symbol to Bitcoin’s Smallest Unit
Most people know that Satoshi Nakamoto is the inventor of the Bitcoin protocol, the “purely peer-to-peer version of electronic cash” that was launched on....
An effort to better represent bitcoin as a symbol has been launched. The Unicode Ƀ symbol has been chosen by a website of industry members as a way to better legitimize bitcoin as a symbol both in print and online media. It is already an existing Unicode character under the non-profit corporation Unicode Consortium, which describes it as a "latin capital B with stroke" that has the hex Alt +0243. A number of bitcoin companies already use Ƀ as the symbol to denote bitcoin. They include ZeroBlock, Lamassu and Tip4Commit. The current bitcoin symbol. Bitcoin has long been denoted as B⃦,....
NFIs could be the next step for NFTs and ASM’s Artificial Intelligence Football Association could be P2E gaming’s next breakout project. Nonfungible tokens (NFTs) have been largely acquired as proof-of-profile pictures (PFPs) that represent a brand, embody culture or ultimately, reflect as a static status symbol. Blue-chip NFTs like the Bored Ape Yacht Club or Cool Cats were not originally backed by any tangible utility other than speculative value and hype, along with the promise of an illustrative roadmap, but in 2022, investors are looking for a little bit “more.” However, nonfungible....
Many people know the symbol of Bitcoin. Many people might know the symbol of Litecoin. Even fewer know the symbol of a Dogecoin. There are hundreds of cryptocurrencies that have been developed, but what's the symbol for "cryptocurrency?" Brand Me Crypto, a design contest sponsored by Vogogo and Cryptsy, is hoping that one concise brand can be created that will epitomize the true brand of cryptocurrency. "I found myself and our designers struggling to visually articulate cryptocurrency as a whole without inundating our designs with 5+ more coins just to communicate the overarching....
As obvious an oversight as it could be, attempting to type the bitcoin symbol via text, email, or on webpages is not the easiest thing. However, after a successful vote at the latest Unicode meeting, users will be able to easily type the character. The #Bitcoin sign is accepted by Unicode. My second addition to Unicode, probably more useful than the group mark. https://t.co/ZOoBGGMmX3- Ken Shirriff (@kenshirriff) November 3, 2015"The Bitcoin symbol is clearly popular enough that it should be in Unicode," said Ken Shirriff, the author of the proposal, in an interview with Bitcoin Magazine.....