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On-chain crypto, DeFi, NFTs, and industry news.
937 articles · Page 26
Proof Collective’s PROOF of Conference has been cancelled following low ticket demand, ruffling the feathers of many Moonbirds and Grails collectors. Quick Take: Decision-Making Behind Canceling PROOF of Conference Web3 company Proof Collective founded by Kevin Rose — the creator of Moonbirds and Grails — had high expectations for the event, initially taking place May 11-13, 2023, in
Leah Waters
News recently came to light regarding Yuga Labs’ Bored Ape Kennel Club (BAKC) NFT collection utilizing a logo not licensed or approved by its original artist, sparking design controversy. Quick Take: Problems Behind BAKC’s NFT Logo Design A vigilant Twitter user noticed that Yuga Labs did not create BAKC’s logo. Instead, the ”Easy Drawing Tutorial”
Leah Waters
Pudgy Penguins has been expanding its horizons. First, partnering with LayerZero to waddle across chains and then Hologram Labs to develop 3D avatars. Earlier today, Pudgy Penguins opened its colony even further, joining forces with Retail Monster to bring an adorable toyline to retailers across the Atlantic. This partnership will also provide fresh new licensing opportunities for the non-fungible token
Leah Waters
Not even the extremely bearish crypto market run of 2022 could deter investors from quitting totally. In truth, many traders lost assets as previously high-value tokens had their worth tumble dramatically almost overnight. The FTX exchange crash summed up 2022 for investors, as millions more were lost. Today, investors have an almost wary approach to
Leah Waters
To boost brand expansion beyond Web3, Moonbirds is switching its safe haven to the Lunar Society, a community-driven Decentralized Autonomous Organization (DAO). Quick Take: An Overview of Lunar Society, Moonbirds’ DAO Lunar Society is dedicating itself to expanding the reach of Moonbirds and alongside its other NFTcollection, Mythics. According to official documentation, the DAO will
Leah Waters
The NFT marketplace will only require a 0.5% royalty fee for projects that do not have on-chain enforcement, but sellers will be able to pay more. Quick Take: OpenSea’s Creator Royalty Changes and Blur Rivalry: A Closer Look To cope with increasing competition from emerging rival platform Blur, OpenSea has announced that it will remove
Anvi Saini
Want to score high with NBA Top Shot NFTs? Users can soon manage, sell and buy NBA NFTs on the platform’s all-new Apple and Android app NBA Top Shot — the platform selling basketball-related non-fungible tokens (NFTs) that tallies over $1B in sales thus far — is making its way to mobile devices. The platform
Leah Waters
Starbucks takes a big step into the Web3 world with its new Polygon NFTs. Prices for these digital assets are already reaching thousands Starbucks Odyssey is the coffee chain’s rewards program that uses non-fungible tokens (NFTs) built on the Ethereum scaling network, Polygon. Although still in closed Beta, early adopters are already selling these NFT stamps for around
Leah Waters
This year, Napster, the longest-running independent music streaming service, could change the Web3 music NFT niche. Mint Songs, which the company just bought, is a top NFT-based music marketplace. Together, the companies want to give fans new ways to connect with their favorite artists, and that’s just the start. Quick Take: Why did Napster Buy The
Anvi Saini
Although it is not their first rodeo in the web3 space, as they have made collections in the past, Italian luxury car giant, Lamborghini, are set to launch their first VeVe NFT collection. Quick Take: Lamborghini’s VeVe NFTs This Sunday, February 19, Automobili Lamborghini are set to launch their first NFTs on VeVe. Both platforms
Ross Wardrop
The suspension of Rihanna music NFTs trading on OpenSea triggers controversy about digital assets offering fractional ownership OpenSea’s choice to halt secondary sales for one of Rihanna’s most famous songs, ”Bitch Better Have My Money”, has caused frustration among users — many of whom are still buzzing about her red-hot performance at Sunday’s Super Bowl.
Leah Waters
Historical American men’s magazine, GQ are making their first moves into the web3 space with an innovative collection of NFTs. Quick Take: GQ Magazine’s First NFTs: GQ3 GQ’s entry into the NFT and web3 space with their GQ3 collection demonstrates their commitment to evolving with the times. The collection name references the industry as a
Ross Wardrop
Its unlikely for NFT owners to face controversies. However, this Bored Ape investor recently became famous for barbequing an NFT worth $169K This weekend, a Bored Ape Yacht Club (BAYC) investor withdrew BAYC #1626 from circulation on purpose. He symbolically transitioned the asset’s underlying blockchain from Ethereum to Bitcoin following a new trend. Quick Take:
Leah Waters
DeGods NFTs have made their way to the Bitcoin blockchain. Discover why this cryptocurrency revolution gains traction Non-fungible token (NFT) enthusiasts have been buzzing over Bitcoin’s first NFT project, Ordinals. Consequently, more than 100,00 NFTs have joined the blockchain network in barely two weeks — 535 of which are DeGods, Solana’s most significant project. Quick Take:
Leah Waters
Pudgy Penguins and DeGods are gearing up to unite their communities and offer exclusive insights into their respective projects at ”Midnight in Paris” Two of the most extensive non-fungible token (NFT) projects, Pudgy Penguins and DeGods, are joining forces to host a significant event. ”Midnight in Paris” will take place in the home of romance
Leah Waters
Solana Monkey Business is set to lead the charge thanks to a new simian king taking over. Hadeswap is creating a new era for the iconic NFT project Hadeswap, the quirky NFT marketplace on the Solana blockchain, has swopped in and acquired the IP rights to Solana Monkey Business (SMB) to climb to greater heights
Leah Waters
The long awaited NFT-focused Super Bowl ad by DigiDaigaku, the NFT collection created by Limit Break has turned out to be a massive flop. The well funded crypto gaming studio famously spent about $7M on the ad and boasted it as the worlds biggest free NFT minting event. Following the broadcast of the ad, the
Alex Borden
Bitcoin’s version of CryptoPunks NFTs, among other collections, are on the up as the new Ordinals protocol is coming into the blockchain. Quick Take: Bitcoin NFTs: A Background In January 2023, a new protocol was confirmed to be made available for users on the Bitcoin blockchain, titled ’Ordinals’. Simply put, it allows for NFTs to
Ross Wardrop
Reddit has given away over one million Polygon blockchain NFTs themed around the Super Bowl, which takes place today. Quick Take: A Million Super Bowl NFTs and Counting: The Details On Monday, Reddit took to Twitter to announce the details of their partnership with the NFL, to bring free Super Bowl LVII avatars to their
Ross Wardrop
Chiliz, a social media solutions provider, recently launched its upgraded blockchain technology, Chain 2.0. This blockchain operates on a proof-of-stake authority (PoSA) consensus mechanism, offering faster block times, lower fees, and decreased energy consumption. Quick take: Chiliz Unveils its Groundbreaking Layer 1 Blockchain Technology In celebration of its fifth anniversary, Chiliz is giving away free
Anvi Saini
Tongue-tied for adventure? New Dookey Dash members can ”Lick the Toad” to open BAYC’s next big event, ”The Summoning” Bored Ape Yacht Club’s (BAYC’s) Dookey Dash leadership board is currently under review. To keep Sewer Pass holders engaged, BAYC is getting ready to unlock its next adventure, ”Lick the Toad”, before launching ”The Summoning”. Quick Take:
Leah Waters
Record breaking month for NFTs: A CryptoPunk and BAYC sell for more than $1M each, further boosting Web3 market growth The non-fungible token (NFT) market continues its upward trajectory. Following recent data stating that NFT sales surged to $945M last month, some NFTs are selling for six figures alone. One being CryptoPunk #5066, which sold for a whopping
Leah Waters
BAYC members celebrate a Dookey Dash player claiming he is the champion. But has he won the key lodged up Jimmy the Monkey’s *ahem*? In the exciting world of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) community, Dookey Dash players have been racing through the sewers until the game came
Leah Waters
Pudgy Penguins and Sotheby’s take the plunge by introducing Soulbound Tokens, a new innovative digital authentication solution Pudgy Penguins have been far from the chill this year, waddling across chains and linking forces with DeGods to host a private event, ”Midnight in Paris”. Alongside joining other blockchain networks and hosting an event with another blue-chip project, Pudgy
Leah Waters
