NFT

For the Culture: Jack Butcher’s Custom ThreadGuy Opepen Edition Goes Viral

The niche internet subculture that is the NFT space has gone through numerous iterations. From market cycles to controversies, the vernacular, priorities, and overall vibe of what the inhabitants of the blockchain call Web3 has continued to ebb and flow as consistently as the prices of the coins that drive it. Yet, one thing has remained certain, and that is, regardless of speculation, NFTs have and will always have ...

VC Funding for Crypto Continues to Slide, Has Yet to Bottom Out

Venture capital (VC) investment in the cryptocurrency and blockchain sector is on a downward trajectory, according to a recent report by Galaxy Research. The second quarter of 2023 saw crypto and blockchain firms receiving $2.3 billion from VC firms, a significant drop from the same period last year when more than $8 billion was invested. Looking back further to the COVID-19 pandemic, the crypto industry experienced a m...

Upcoming Drops: July 17-23

Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL. Don’t get us wrong — the more people onboarded into the space, the merrier. But because of the constant influx of great art and ideas, it’s becoming increasingly difficult to keep up with all the news, launches, and general happenings. Well, you can put the days o...

A new age in investing: The transformative power of asset tokenization

Asset tokenization has long been regarded as one of the most compelling applications of blockchain technology. Back in June 2019, the United States investment banking giant BNY Mellon declared it has the potential to “dramatically change the dynamic” for investors and unlock opportunities that were previously out of reach. Real estate is an inevitable place to start. Tokenizing properties can open the door to fractional ownership, enabling ...

Seedphrase Signs With WME, Teases Original Music to Come

Daniel Maegaard, known throughout the digital art community by his DJ moniker and alternate persona, Seedphrase, has officially signed with talent agency WME according to a press release shared with nft now. In addition, he’s teased new original music, the unveiling of a new community project, and the introduction of exclusive merch, all coming this year. A “guiding light” Seedphrase, best known for his massive C...

Twitter Ad Revenue Sharing: Ways to Unlock Your Potential as a Web3 Creator

Twitter has officially rolled out its new monetization strategy specifically tailored for its creators. Users from Web3 and beyond are already reaping benefits from this initiative, with some even sharing that they’ve earned tens of thousands of dollars. Elon Musk shared in a tweet earlier in June that the first block payment totaled $5M. Through ad revenue sharing with Twitter, this is a new avenue for creators...

Coinbase’s Base launches mainnet for builders, will onboard users in August

Coinbase’s Base mainnet is now “open for builders,” according to a July 13 blog post from the network’s development team. The team is opening the network to builders ahead of its public launch to allow more time for user onboarding. Base also announced that the public launch of the network will occur in August.Since our testnet launch, we’ve connected with incredible builders and watched their projects thrive on Base.Now it’s time to take t...

How to Explain Bitcoin Ordinals to Your Grandmother

What are Bitcoin Ordinals? If you’ve asked yourself this question in the past six months, you’re not alone. The rapid rise of the Bitcoin Ordinals ecosystem has enthralled developers, divided the Bitcoin community, and reintroduced the original blockchain to a new generation of users. In May, Bitcoin became the second-largest blockchain for NFTs with sales volume passing the likes of Solana and Polygon. Even Ethereum co...

XRP Ruled ‘Not a Security’ in Partial Win for Ripple Labs

In a ruling that could help shape the future of cryptocurrency regulation in the United States, U.S. federal judge Analisa Torres has delivered a mixed verdict in the case between the Securities and Exchange Commission (SEC) and San Francisco-based blockchain firm Ripple Labs. The lawsuit, which has been closely watched by the crypto industry, centered on whether Ripple’s XRP token constituted an unregistered security o...

Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump

The approval of a spot Bitcoin BTC $30,503 exchange-traded fund (ETF) would equate to a “seal of approval” for Bitcoin from the United States government and its securities regulator, says Mike Novogratz.In a July 12 interview with Bloomberg TV, the founder of crypto investment firm Galaxy Digital spoke about the multiple spot Bitcoin ETF filings before the U.S. Securities and Exchange Commission (SEC), including one from the $10 trillion...
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