Non-Fungible Thursdays: What Happened in NFTs This Week? [May 19, 2022] | CoinMarketCap

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Non-Fungible Thursdays: What Happened in NFTs This Week? [May 19, 2022] | CoinMarketCap
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What's hot in the NFT world? 👀 CoinMarketcap & nansen_ai take a look at the highlights in the NFT space, from limewire's deal with UMG for NFT licensing, to the first album royalties sharing using NFTs by TheChainsmokers!

The new product, called Web3 Engine, will offer custody services, risk mitigation tools, treasury management and a tokenization mechanism for managing and minting NFTs. It will also provide access to platforms like OpenSea, Rarible, Uniswap and dYdX directly from the Fireblocks console.Michael Shaulov, CEO of Fireblocks.

“The goal is to essentially bring all the security arsenal and capabilities that we've built for empowering financial firms to operate with crypto to this new group of players,” Shaulov added.NFTs are coming to the popular audio streaming platform Spotify. On Friday,reported that the company had begun testing a new feature that would allow artists to display their NFTs on their profiles.

As per the announcement, Spotify will not be charging any fees for NFT sales during the testing. The company’s spokesperson also noted that tests are aimed at improving “artist and fan experiences,” adding that “some of [these] tests end up paving the way for a broader experience and others serve only as an important learning.”

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