Refunding ETH is a Gas!

ConstitutionDAO (a decentralized autonomous organization created to purchase a rare copy of the U.S. Constitution) raised $49.8 million in ETH. Its auction bid was not successful, so it began refunding the unused ETH to members of the DAO. Continue Reading →
Crypto developer Matthew Jensen was forced to close his JRR Token business as part of a settlement with the estate of "Lord of the Rings" author J.R.R. Tolkein. The estate’s lawyer, Steve Maier, described the case as a “particularly flagrant case of infringement,” adding that the estate is “pleased that it has been concluded on satisfactory terms.” Continue Reading →
While reading this story on vice.com about Universal Music Group (UMG) -- the powerhouse label that represents Lady Gaga, Ariana Grande, and Jay-Z -- forming an NFT band made up of cartoon ape JPEGs “owned” by some guy, it has become clear that the NFT hype bubble has inflated beyond anyone's wildest expectations. Continue Reading →

NFTs and Movies

Zero Contact, a new thriller starring Anthony Hopkins, is set to become the first NFT feature film released on Vuele, which calls itself "the premier direct-to-consumer, feature-length film viewing and distribution platform delivering feature-length films and digital collectible entertainment content as NFTs." Continue Reading →