A group of investors has taken legal action against Sotheby’s auction house, celebrities like Paris Hilton and Justin Bieber, and other entities, accusing them of misleading promotion of the Bored Ape Yacht Club NFTs and alleging that these parties colluded to artificially inflate the prices of these digital collectibles. Continue Reading →
NFTs
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NFT powerhouse Dapper Labs (NBA Top Shot, NFL All Day, UFC Strike) is shifting its focus to mobile with the goal of helping to evolve the way Apple's iOS App Store and Google's Android Play Store approach NFTs and Web3. Dapper is hoping the native apps will provide a smoother way for users to access and buy digital collectibles. Continue Reading →
No matter how this lawsuit turns out, it is chilling. Going forward, will hired pitch-people have to vet the companies that offer them work? How, exactly, would they do that? Continue Reading →
I can't help but think back to the middle of 2000 when any mention of the web or the internet or even the hint of a dot-com would get you laughed out of every VC’s office. The internet was alive and well and growing strong, but Wall Street was angry at itself for getting caught up in a bubble of its own making, and it took a year or two for financiers to collectively come to their senses and start investing again. Continue Reading →
The saying, "Not your keys, not your coins" is a truism amongst seasoned blockchain users. It means that if your private keys are not in your own digital wallet (preferably a hardware wallet), you do not actually own your cryptocurrency or NFTs or any other asset stored on a blockchain you believe you own. Continue Reading →
Two unrelated stories this morning are highly correlated to the very cold crypto winter. Continue Reading →
Christie's, the 256-year-old British auction house, has launched its own NFT marketplace on Ethereum dubbed "Christie's 3.0." The new auction platform is fully automated and smart contract-driven from end-to-end. Said differently, Christie's 3.0 is "inspired by" (knocked off from) platforms like OpenSea and Sorare. Continue Reading →
Dapper’s official NFL platform has topped the NFT charts lately, thanks to rising activity on game days. Continue Reading →
If you're wondering what a non-NFT digital collectible is, just ask Sony. According to PlayStation.com, "PlayStation Stars will feature a new type of rewards called digital collectibles. They are digital representations of all the things that PlayStation fans enjoy, including figurines of beloved and iconic characters from games and other forms of entertainment, as well as cherished devices that tap into Sony’s history of innovation." Continue Reading →
Starbucks Odyssey is the official name for Starbucks's "drink to earn" NFT platform. It combines the company's very successful Starbucks Rewards loyalty program with Web3 technologies to offer NFT-confirmed questing toward exclusive experiences and rewards. Continue Reading →