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“# NFT battles: Nike takes seller of unlicensed NFT sneakers to court ” Popular sneaker maker Nike has started the “licensed NFT” wars by taking an online reseller called StockX to court for trademark infringement or sale of unlicensed nonfungible token (NFT) sneakers. According to a Reuters report, Nike has filed a lawsuit against the…
“# Rise of Web3: Metaverse tokens surge as Meta’s share price plunges ” Meta Platforms, the parent company of Facebook, saw the largest single-day slide in market value for a U.S. company ever with a 26% fall in share prices on Thursday after the tech giant revealed disappointing earnings and a decline in daily active…
“# Nintendo considering ways to utilize NFTs in a way that doesn’t diminish ‘joy’ ” After releasing its latest financial results report, Nintendo held a live Q&A where they reportedly expressed “interest” and “potential” in the Metaverse when it comes to introducing blockchain and NFT technology into their video games. According to the Twitter of…
“# OpenSea monthly volumes top $5B as NFTs continue to mainstream ” In the last two weeks, Azuki, Bored Ape Yacht Club, CloneX, and Mutant Ape Yacht Club have seen significant increases in floor prices and total sales volume. Over the last 7 days alone, all four projects have generated an estimated $365.9 million in…
“# Gamestop partners with Immutable X for NFT marketplace, announces $100M grant for creators ” On Thursday, iconic brick-and-mortar video game retailer GameStop announced a partnership with layer-2 nonfungible tokens, or NFTs, Ethereum (ETH) scaling solution Immutable X to develop GameStop’s upcoming NFT marketplace. GameStop will utilize Immutable’s technology for trading and minting NFTs. We’re…
“# Automakers are minting NFTs, but is there a strong use case? ” Just before the turn of the 19th century, Carl Benz announced what is now widely considered as the world’s first commercial automobile. At the time, it would have been impossible to predict how this one product could spur the development of a…
“# NFT project blankets Texas capital city in pro-crypto billboards ” The founder of a website guiding readers through the digital asset market started a campaign in Austin to increase awareness of Bitcoin and other cryptocurrencies. Speaking to Cointelegraph, marketcap.guide founder Sam Feldman said he had deployed more than 100 billboards around the Texas capital…
“# Top secret Julian Assange and Pak NFT collaboration is wikileaked ” A collaborative NFT project from belagued Wikileaks founder Julian Assange and pseudonymous digital artist Pak is set to drop next week. Assange has been confined in a London prison since April 2019 after his asylum status in the Ecuadorian embassy of London was…
“# Grammy-winner John Legend launches new music and art NFT platform ” American singer-songwriter John Legend is solidifying his position among the ranks of celebrities flocking to the world of nonfungible tokens (NFTs), helping to launch a new NFT platform for musicians and other entertainers. The platform called OurSong allows artists to tokenize and sell…
“# Battle for authenticity heats up in world’s most popular NFT collection ” In a Discord post published on Wednesday, Matt Hall, the core developer at Larva Labs, the entity behind the popular CryptoPunks V2 and, initially, CryptoPunks V1 nonfungible tokens (NFT) collections, announced he would be “taking appropriate steps” in the following days regarding…