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“# Tweet mocking how little value NFTs have … is turned into $5K NFT ” Twitter user Lauren Walker tweeted a message claiming she was “stealing” nonfungible tokens, only to have crypto-Twitter turn around and mint her words into a token listing for thousands of dollars. In an Oct. 2 post on Twitter, Walker mockingly…
“# Why NFTs can be a riskier investment than cryptocurrencies, report ” Investors who survived the 2008 financial crisis understand the importance of liquidity. When an economic recession starts, deflationary pressure hits the market, and buyers disappear. Sellers frantically try to sell assets before their prices drop further, but buyers want to de-risk and go…
“# Ripple launches $250M fund for NFT creators ” Ripple Labs is launching a fund for creators, marketplaces and brands to explore new use cases for nonfungible tokens, or NFTs, on its ledger. In a Wednesday announcement, Ripple said the $250 million fund would be focused on accelerating adoption in the crypto space by working…
“#Hayao Miyazaki Art Exhibition Hits Los Angeles in September” Studio Ghibli fans rejoice, because a massive installation dedicated to the career of legendary animation director Hayao Miyazaki opens at the Academy Museum of Motion Picture Art in Los Angeles, California, beginning on September 30, 2021. The Hayao Miyazaki exhibition will be held in the…
“# NFT project partners with Afghanistan organization to help women get access to education ” Non-fungible token company Bookblocks.io has partnered with a New York-based organization to help women in Afghanistan have access to education amid the Taliban takeover. Bookblocks.io announced it would be releasing a non-fungible token, or NFT, on Oct. 5 with the…
“# Crypto Twitter cries foul after noticing NBA star John Wall’s NFT has a Fortnite background ” The team behind the design of NBA Houston Rockets player John Wall’s non-fungible token may have ripped off one of the backgrounds directly from the popular online game Fortnite. Wall first announced he planned to release a line…
“# NFTs could mark a resurgence in art galleries ” For decades, art galleries and museum exhibitions around the world have facilitated the presence of cultural education, social interaction and visual moments of awe. Michelangelo’s Sistine Chapel, Georgia O’Keeffe’s Black Iris III and Picasso’s Weeping Woman have all inspired generations of art-lovers in their own pursuits…
“# John Cena calls his own NFT sales a ‘catastrophic failure’ ” Professional wrestler and actor John Cena said fans only purchased 7.4% of his World Wrestling Entertainment, or WWE, nonfungible tokens (NFTs) that he made available last month. Speaking at Florida Supercon 2021 on Sept. 12, Cena said it was a mistake to market…
“# Satoshi Nakamoto statue goes up in Budapest ” A bronze depiction of legendary Bitcoin creator Satoshi Nakamoto is now on display for visitors to Graphisoft Park in Budapest. In an unveiling ceremony on Sept. 16, András Győrfi, the co-founder of the statue project and editor of crypto news site Kripto Akademia, spoke to a…
“# Nifty News: Nafty launches naughty NFT site, Dutch DJ pushes limits of physical NFTs ” NFT NSFW Nafty, a blockchain firm that produces decentralized NSFW platforms —such as OnlyFans competitor Nafty.TV — launched an erotic-themed NFT marketplace dubbed “NaftyArt” today. NaftyArt aims to provide a platform for erotic artists and adult-content creators to promote…