web3 / 509 posts found
Here’s How Gamers Are Responding to Minecraft’s Sweeping NFT Ban
Since NFTs first entered the public spotlight in early 2021, one group has rallied against letting this technology into their lives: gamers. That leaves regular or core gaming experiences like Call of Duty, Valorant, and Fortnite in an entirely different market category than their blockchain-enabled counterparts. Despite their growing valuations and popularity, blockchain games are still struggling to compete with their mainstream gaming counterparts. For example, Decentraland and The Sandbox are two games that’ve tried popularizing the concept of buying and selling virtual real estate as NFTs have both struggled to hit even 1,000 active monthly users as of writing. […]
Can a Major Esports Network Convert NFTs’ Biggest Detractors?
There’s far more to NFTs than the generative PFP projects you may stumble upon while scrolling through social media. But for many, the conventional conception of what NFTs are is rooted in a field far removed from the arts: play-to-earn (P2E) games. This is especially true in Asian countries, where P2E experiences like the beleaguered Axie Infinity reigned supreme in a recent analysis done by CashNetUSA gauging the most popular NFTs in the world by region. Enter TechStorm — a Singapore-based digital esports media network that aims to function as a regional hub for Web3, fostering collaborations ranging from gamefi […]
Shira Lazar: How One Woman Became a Leading Female Voice in NFTs
The gravitational pull of the NFT space is undeniable. We’re forging a new creative economy in real-time, and, over the years, the weird wide world of nonfungibles has ballooned, bootstrapping a robust community of creatives and professionals from every industry along the way. While rising stars of the NFT ecosystem reach for success, Shira Lazar, Founder and CEO of the Emmy Nominated digital media brand called What’s Trending, has become one of the most vocal proponents of blockchain tech and culture. A woman of many hats, Lazar is not only an avid collector of and advocate for NFTs, but a […]
Is the Web3 Marketplace Ready for NFT Rentals?
In the Web3 space, change is the only constant. Go offline for even a day or two, and you’re likely to have missed a development somewhere in the ecosystem, whether it’s about NFTs, DeFi, blockchain capabilities, or something else. A less common but deeply compelling part of the NFT ecosystem is the idea of NFT rentals. The first thing to know about the NFT rentals is that while intriguing, they’re also nascent, which means they remain underdeveloped. But the basic idea lives up to the name: NFT owners can rent out their digital assets for temporary use for several varying […]
RadioShack Is Back From the Dead As a Web3 Brand
Just when we thought the 2022 crypto timeline couldn’t get any crazier, deceased American tech retailer RadioShack has been resurrected on Twitter as a snarky Web3 brand. Instead of a one-stop-shop for batteries, computer cables, and remote-control toys, the once-beloved electronics dealer has been reinvigorated as a cryptocurrency swap. RadioShack has actually existed as a Web3 company for a couple of years now (don’t fret, this isn’t some sort of Mandela effect) thanks to the handiwork of entrepreneur investors Alex Mehr and Tai Lopez. Old business plan: politely sell hdmi cords to customers. New business plan: snappin necks and cashin […]
It’s Official: These Countries are the Biggest Fans and Foes of NFTs
Web3 is an inherently decentralized phenomenon. Unlike more traditional institutions and infrastructures, this means it’s tailor-made to fluidly operate across international borders. This characteristic has helped creators and developers the world over take advantage of blockchain-based technologies like NFTs. It has also allowed that ecosystem to burgeon into a highly profitable industry whose trade market size now measures in the billions. The cultural and financial shift NFTs have brought about is only expected to increase, with reports estimating the global NFT market size to reach an obscene $13.6 billion by 2027. Unfortunately, despite huge market impact and continued mainstream adoption, NFTs […]
With NFTs Any Type of IP Can Be Monetized
The NFT ecosystem has come a long way in the last two years. From being a niche internet microcosm to becoming a multi-billion-dollar industry, if one thing has become clear recently, it’s that NFTs are going to have a major impact on society for at least the next few years. Just as the market has changed since Beeple made international headlines with his $69 million Christie’s auction, so too have the diverse ways that NFTs are being used to monetize intellectual property (IP). Although digital art has always been at the core of the NFT space, music, sports memorabilia, and […]
Fractional NFTs: The Good, the Bad, and the Weird
NFTs can be difficult to understand. Blockchain tech itself makes for some pretty dense reading material after all, and the idea of digital asset ownership — especially when art is concerned — definitely doesn’t help simplify things. But if there was any subsection of NFTs that should (in theory) make more sense than any other, that would surely be fractional NFTs. Fractional ownership is an investment approach that has been around for decades. With fractional ownership, the cost of an asset is split up into fractions and is shared between individual investors — a.k.a shareholders. Of course, fractional ownership can […]
How Will Businesses Really Use Web3? Organizational Culture in the Metaverse
Business has not been “as usual” for the past few years now. The pandemic drastically changed the way many of us participate in our workplaces and has effectively reshaped the entire U.S. job market. The fact is, the vast majority of employees who can do their jobs from home are doing so. And in lew of face-to-face meetings, virtual offices are quickly gaining popularity. But we’re not just talking about video calls and Zoom happy hours. Metaverse jobs are here – from software engineering roles to making sandwiches at a metaverse Subway. Even established, non-digitally native businesses are looking to […]