Culture / 400 posts found
From Kanye West to Billie Eilish: Celebrities With NFT Trademarks
Celebrities who own NFTs are old news. Now it’s all about the famous faces who are making — and even trademarking, their own digital collectibles. The number of popular brands and big names getting in on the NFT game in this way is only growing as time passes. As of May 2022, the United States Patent and Trademark Office has received 3,347 trademark applications that include or relate to NFTs. Compare that to 2021’s total of 2,179 applications. Of course, just about anyone can apply for a trademark. This doesn’t mean that each and every idea or product will come to fruition. […]
BREAKING: FBI Charges OpenSea Employee With Insider Trading
A former OpenSea employee has been charged with insider trading by the FBI. Insider trading is one of the oldest and most pervasive white-collar crimes in existence, making this arrest one of the first instances of conventional laws being applied to punish bad actors in the NFT space. The nature of the crime Earlier this morning, former OpenSea product manager Nathaniel Chastain was arrested in the city of New York for allegedly using confidential knowledge gained from his post working for the marketplace to his advantage. Specifically, he’s been charged with one count of wire fraud, and one count of […]
5 Projects That Celebrate Diversity in the NFT Community
It’s no secret that the NFT space is a melting pot of culture. Throughout the vast expanse of the NFT ecosystem lives a wide variety of NFT art, photography, music, and more all created by an even wider array of unique creators. Of course, the NFT space could be doing more to empower underrepresented artists, but that isn’t to say that diversity doesn’t exist in the NFT space. This diversity should be and is being celebrated across the blockchain. Whether by way of a large-scale profile picture (PFP) collection or through the endeavors of a digital autonomous organization (DAO), artists of […]
GameStop Just Created a Wallet For Crypto and NFTs
Earlier today, video game retailer GameStop launched the beta version of its very own Ethereum wallet. Users interested in participating in the beta can download the wallet from the Chrome Web Store, to be used as a Chrome or Brave browser extension. Upon downloading, users will be able to securely store and use cryptocurrencies across a wide range of decentralized applications without having to leave their Chrome tab. According to its website, mobile versions of the GameStop wallet will be available in the future as well. GameStop Another key feature of GameStop’s wallet is that it is non-custodial, meaning users […]
Bella Hadid Is Dropping NFTs, and Collectors Get to Meet Her
Today, activist and supermodel Bella Hadid is announcing her first NFT drop, CY-B3LLA. The project has been in the works for several months, and it will consist of ten series of 1,111 NFTs (for a total of 11,111). In an email exchange with nft now, the team didn’t disclose the exact mint day but did state that there are multiple utilities tied to the NFTs. The most impressive? Collectors will get access to “real-life locations and events all around the world, where Bella can and will meet holders.” The project will also allow holders to access digital experiences. For example, […]
Which PFP Project is Right for You?
When it comes to the NFT and Web3 space, anons are everywhere. Many of the most prominent NFT influencers use a pseudonym and a cartoon PFP (profile picture) to illustrate their presence. And this, as far as the crypto/NFT space is concerned, isn’t a bad thing. In fact, it’s encouraged. Seen as an act of camaraderie within the NFT space, creating your online persona around a Bored Ape, CryptoPunk, Cool Cat, or other NFT PFP shows that you’re part of a movement — as well as a full-blown community. But with so many PFP projects out there, it can be […]
New NFTs Offset Marketplace Emissions. The Price is $17M.
Despite all the buzz and hype surrounding NFTs, the early stages of the technology have been mired in controversy. Perhaps the most often cited point of criticism for the technology — and cause for hesitation for any of its would-be adopters — is its environmental impact. So, how bad is it? Los Angeles-based artist Kyle McDonald ran the numbers himself and went to social media to share his findings. The price of progress CO2 emissions generated by Ethereum have skyrocketed in the last year alone. (Source: Kyle McDonald) McDonald’s calculations essentially lined up with most public estimates on the energy […]
Instagram NFTs Are Here… What Does That Mean for Artists?
It’s official: Instagram (IG) is diving head-first into the NFT ecosystem. With the recent launch of new in-app NFT features, a select number of influential creators were greenlighted to start interacting with blockchain tech on the larger-than-life social media platform. Although Meta originally announced plans to create an Instagram NFT marketplace back in March, these latest features lean more towards content sharing rather than commerce. And why shouldn’t they? Considering that Twitter and Discord have proven to be the stomping grounds of the NFT community, some would say that IG taking the plunge into the NFT space is overdue. Additionally, […]
This Creator Is Building an Entire Web3 Ecosystem Around Coffee and Literature
In 2022, NFTs no longer revolve around the simple dualities of art and money. Although it’s true that artists and collectors continue to lead the space, both making and losing millions on a regular basis, the nonfungible ecosystem has changed. Birthed as a niche internet microcosm, the NFT market has since become a multi-billion-dollar industry. And this market has grown far beyond the constraints of an “NFT” blanket term. Within this industry now lives a wide variety of subsections that continue to gain prominence as the months go by. More recently, we’ve witnessed a diverse range of content creators and owners finding […]