NFT

RECUR to Discontinue Platform, Plans to Move Metadata to Filecoin

RECUR, a Web3 platform best known for its big-name IPs like Rugrats and Hello Kitty, announced the discontinuation of its platform on August 18. Echoing the gravity of the decision, RECUR stated on Twitter that it was not an easy decision. They cited “Unforeseen challenges and shifts in the business landscape” as the reason for its closing, adding that it made it increasingly difficult for them to “continue providi...

Unbabel Debuts Wearable AI for Thought-Based Communication

Four years ago, language transition startup Unbabel worked towards creating a “brain-to-communications interface” that would allow businesses to understand (and be understood) by their customers and clients in multiple languages. Its Language Operations platform blends artificial intelligence (AI) with humans that evolve through high-quality transactions and conversations over time.  “You Had an Americano”  As...

Tragedy or rug pull? Inside the collapse of a ‘charitable’ NFT project

Launched in November 2021, nonfungible token (NFT) marketplace Orica held itself up as an “ethical platform” benefitting artists, collectors and charities alike. At the time, the organization was involved in prominent projects — from building a school in Uganda to aiding victims of human trafficking to helping Ukraine. But less than two years later, the project’s founders have disappeared, and the marketplace’s user interface has gone offli...

What Yue Minjun’s LiveArt Release Means for Fine Art in Web3

LiveArt, a Web3-based platform created by three ex-TradArt experts is making a splash with its recent drop, Kingdom of the Laughing Man, representing the inaugural NFT exploration of celebrated contemporary artist Yue Minjun.The recently revealed PFP style collection features 999 one-of-one generative examples of Minjun’s iconic laughing visage and has already seen over $1 million USD in trading volume.Based on the ...

Slimesunday Creates ‘The Great Purge’ to Restore Early NFT Spirit

As the digital world grapples with the challenges and potentials of NFTs in the current state of the market, Slimesunday has introduced a bold new initiative titled “The Great Purge.” When Slimesunday first delved into NFTs in 2020, he observed and joined a burgeoning community of early adopters, artists, and innovators. These pioneers, including names like Pak, Coldie, Trevor Jones, Hackatao, Josie Bellini, XCOPY, a...

Star Trek NFT trademarks approved, y00ts coming to Ethereum: Nifty Newsletter

In this week’s newsletter, read about CBS Studios’ receiving approval for Star Trek NFT trademarks, check out how FC Barcelona acquired investment for its nonfungible token (NFT) initiative, and find out why NFT project y00ts is bridging to another network just months after its previous transfer. In other news, Canadian authorities are trying to create a repository for seized crypto and NFT assets, and don’t forget this week’s Nifty News, f...

Should Google Really Be Testing an AI Life Coach? 

Google is testing an internal AI tool that supposedly will be able to provide individuals with life advice and at least 21 different tasks, according to an initial report from The New York Times.  “I have a really close friend who is getting married this winter. She was my college roommate and a bridesmaid at my wedding. I want so badly to go to her wedding to celebrate her, but after months of job searching, I stil...

Immutable, Polygon Labs Testing New Scaling Solution for Web3 Game Devs

Prominent Web3 gaming studios are beginning to trial a new solution for their upcoming AAA blockchain games.  Web3 gaming platform Immutable and Polygon Labs announced Wednesday that it has begun the public testing of its Immutable zkEVM – a solution that is tailored specifically to the needs of Web3 game developers that reportedly offers low cost, massive scale, enterprise-grade security, and Ethereum smart contract...

Donald Trump’s Ethereum wallet holds $2.8M, new statement shows

United States lawmakers on the House Financial Services Committee have demanded answers from the heads of the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) regarding how Prometheum obtained a special purpose broker-dealer (SPBD) license.In separate letters dated Aug. 9, House committee Chair Patrick McHenry and 20 other members wrote to SEC Chair Gary Gensler and FINRA president and CEO Robert ...

Art Blocks, Prohibition Challenge FOMO With Inclusive Edition Series

Art Blocks‘ Snowfro and Prohibition’s Jordan Lyall will be releasing a first-of-its-kind “Inclusive Edition” series that serves as an early collaborative exploration on Prohibition – the generative art platform built on Art Blocks Engine that is open to all, according to a press release shared with nft now.   The new project, “heart + craft,” also called “Heart Blocks,” serves as the first Art Blocks project to launc...
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