If NFTs are securities, then maybe OpenSea is an unregistered securities exchange. “Non-fungible token (NFT) marketplace OpenSea received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on […]
“The primary example of that may be Nike and RTFKT’s non-fungible token universe which has, in less than two years, while facing a bear market much of the time, generated more than one billion dollars in trading volume and more […]
“The iconic wolf skull logo of Bored Ape Yacht Club (BAYC), Yuga Labs’ premier nonfungible token (NFT) collection, was allegedly illegally trademarked without proper licenses. The image was originally released by a company specializing in drawing tutorials for children and […]
“Over people have created cryptocurrency wallets on Reddit. Instead of wallet, they use the term ‘Reddit Vault’ — making the language less technical or financial, and more palatable.” | learn more
They’re huge global consumer brand with low AOV and high frequency. They’ve already gamified their loyalty/rewards program to great success. The blockchain-enabled plan to extend their program seems excellent. The only thing is, the fundamental benefits of blockchain don’t apply […]
Tracking several popular projects. Updated in real-time. | learn more
“Winning bidder of this lot will have until July 2022 to decide between keeping the NFT or exchanging it for the physical artwork it represents. Only one can be kept, the other one will be destroyed.” What an interesting concept! […]
Exchanges, including Coinbase and FX, are getting into the NFT trading business. Messari highlights their advantages and disadvantages compare to decentralized platforms. | learn more
What’s happening in crypto isn’t quite a replacement of traditional finance. Instead, it’s a rebuilding of traditional financial behavior from the ground up. There are new assets (including NFTs), loans against assets, and of course with loans come defaults. There […]
“On August 8th, 2021, Punk4156 and his team deployed a smart contract to the Ethereum blockchain that randomly generates a new NFT digital avatar (called a Noun) every 24 hours and auctions it off to the highest bidder. 100% of […]