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“# 2021 ends with a question: Are NFTs here to stay? ” In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. On Nov. 14, Tezos-based nonfungible…
“# Adidas enters the Metaverse with NFT partnerships ” On Thursday, Adidas announced it was entering the Metaverse in collaboration with Bored Ape Yacht Club, gmoney NFT, and PUNKS comic. In an article posted on the Adidas mobile app, the developers behind the initiative said the following: This autumn, Adidas, known for celebrating ideas at…
“# Jenkins the Valet founder wants to create a decentralized Web 3.0 content company ” “My mom cried when I got the job as valet at the Bored Ape Yacht Club, one of the preeminent social clubs for apes. She hooted and grunted and peeled open one of our finest bananas. “Jenkins,” she said, “you’re…
“# Wear-to-earn NFTs target the billion-dollar fashion industry ” The rise of the Metaverse and Web 3.0 are set to disrupt multiple sectors including the billion-dollar global fashion industry. As the world moves from physical to digital, traditional fashion design can transform into virtual wearables that can be leveraged in both augmented reality (AR) and…
“# New tribes of the Metaverse — Community-owned economies ” People have talked in glowing tones about the transformative properties of blockchain since Satoshi Nakamoto launched Bitcoin (BTC) back in 2009 — books have been written, thousands of panels and presentations have complemented its prospects, costumed Bitcoin maximalists have flaunted their newfound wealth. Despite these…
“# Online content streaming is dead. Long live the music NFTs ” The music industry has undergone a massive transformation in recent years. We have seen the advent of the internet leave its mark on music, and most notably, 1999 spelled the coming of Napster. This then-revolutionary peer-to-peer online streaming service defined a whole generation…
“# ConstitutionDAO: PEOPLE price pumps 200% as new ‘We The People’ token unveiled ” PEOPLE, the governance token of ConstitutionDAO, soared in value by near 200% in just 24 hours despite its trading volumes falling through the cliff in the same period, data on CoinMarketCap shows. The cost to purchase one PEOPLE token surged to…
“# The three traits of Web 3.0 that fix what went wrong with today’s internet ” Blockchain tech has come a long way. It wasn’t that long ago that crypto remained at the fringes, evangelized by a vocal minority. The narrative shifted once the COVID-19 pandemic pushed people into their homes with plenty of time…
“# Building multichain is a new necessity for DeFi products ” At present, your DeFi product needs to be multichain to be competitive — this is the hard (and exciting) truth of 2021. Whether you’re building a wallet, a lending service or a DeFi game, your target audience knows that there is more to the…
“# Why are major global brands experimenting with NFTs in the Metaverse? ” Blockchain is a core technology that differentiates itself from other technologies by having solved the double expense with the emergence of the Bitcoin blockchain in 2008. Nonfungible tokens, or NFTs, were driven by blockchain technology which brought scarcity and interoperability to nonfungible…