Features / 303 posts found
Media3: How NFTs and Web3 Are Reshaping Storytelling
Storytelling is, in many ways, the fabric of our culture. Our narratives help us understand our past and articulate our values — they tell us who we are and who we want to be. But there’s a problem. In recent decades, the power of storytelling has rested almost entirely in the hands of publishers and media executives. For years, gatekeepers determined what tales get told. They decided what type of content gets created and how and when people can access it. However, thanks to Web3 technologies, this is finally beginning to change. Instead of relying on studios or other gatekeepers, […]
The NFL is Launching The League’s First-Ever Blockchain Video Game
As great as it has been to see young artists starting their careers in the NFT space, this technology has also opened up loads of opportunities for established brands and IPs to better engage their audiences. In the past year alone, we’ve been privy to the rise and fall of NBA Top Shot, car manufacturers like McLaren and Lamborghini minting NFTs, and Time Magazine releasing an entire issue as an NFT. Even the WWE has entered the mix. The NBA and WWE are far from the only sports entities engaging with NFTs, though. Following the strong presence of NFTs at […]
This Mural Will Only Exist for a Year, but Its NFT Counterpart Is Immortal
What does ownership mean in the NFT space? Critics of NFTs have used this question as one of their main points against the burgeoning technology, arguing that NFT ownership is supposedly meaningless. By their logic, all you truly do own when purchasing an NFT is a hyperlink to an image or file hosted on a separate site. But how does this argument hold up in practice? As shown by the utility of projects like Bored Ape Yacht Club and Goblintown — it doesn’t. Bored Ape holders gain all commercial rights to whatever apes they own; granting them the ability to […]
Next Up: 5 Ones to Watch in June 2022
In 2021, we witnessed the birth of a new creator economy on the blockchain. Since NFTs took center stage, artists have achieved NFT superstardom, billion-dollar brands have been forged in the span of a few months, and lives have been utterly transformed time and time again. Yet, the most inspiring thing about the NFT space is the number of artists of all creeds and mediums who have found community and support by embracing this technology. In keeping with our mission to empower creators, we present Next Up — our monthly franchise dedicated to showcasing rising artists. Our June edition is […]
The NFT 100: Honoring the Most Influential Innovators in NFTs
In hindsight, it’s easy to see how far NFTs have come. Once, the space was just a small community of artists, traders, and developers. But the NFT ecosystem has transformed in recent years. It has transformed into a new and increasingly robust creative economy, causing a paradigm shift across nearly every sector of society. No matter where we look — photography, music, sports, film, or finance — there’s reason to believe that almost no corner of society will be left untouched. Things continue to move incredibly fast in the NFT space, where landmark sales and new acquisitions are announced almost […]
The Problem with Anonymity in Web3 and NFTs
With much of the core ethos of Web3 predicated on decentralized ownership and privacy, anonymous and pseudonymous identities are rather common. Following Bitcoin founder(s) anonymous identity Satoshi Nakamoto, many in the crypto community now operate under their own alternative identities. While some do so to stay private or work towards self-sovereignty, others simply view it as a fun way to participate in crypto culture. But not everyone sees it that way. When it comes to NFTs, pseudonymity, and anonymity are causing quite a controversy. Pseudonymity vs. anonymity Before we go any further, it’s important to capture the difference between pseudonymity […]
The Most Expensive NFT Thefts of All Time
As the NFT community continues to grow, so too does the number of bad-faith actors hoping for a piece of this multi-million-dollar pie. As a result, NFT thefts are getting more and more expensive. In some cases, people have lost millions. If you’re looking to get started building an NFT collection of your own, the first thing you’ll need to be wary of is rug pulls and scams within the community. But once you navigate past the NFT scams and successfully secure digital items you are about, you’ll need to be even more diligent. Remember: In Web3, third parties won’t […]
What Do You Call a Headless 77-Person Web3 Band?
You call it Chaos of course. Camp Chaos. This is the name of the latest project from SongCamp (SC), a collective Web3 laboratory experimenting at the edges of music and blockchain technology. With Camp Chaos, SC brought together 77 individuals from all over the world to launch what is, in essence, a music NFT hackathon. The goal of Chaos is to create 45 songs to be released as an NFT collection totaling over 20,000 unique tokens. Transforming this Web3 music camp from an idea into a reality seems to have been anything but clear cut. Billed as a headless band, […]
The Nike v. StockX Lawsuit Could Determine What Type of NFTs Can Be Created
Dubbed the “Sneaker Wars,” Nike’s ongoing lawsuit against online shoe retailer StockX will likely end up dictating how intellectual property law is applied to NFTs. The case, which was filed by Nike in February 2022, alleges that StockX engaged in the unauthorized and infringing use of Nike’s famous marks in its Vault NFT collection. Who is StockX? Launched in 2016, StockX is an online resale sneaker retailer. However, its subsidiary business also allows individuals to sell other items – designer clothes, Pokémon trading cards, Playstation 5 consoles, and so on. As of 2021, the company is valued at over $3.8 billion. […]
3 NFT Projects That Are Eliminating Medical Debt and Funding Cancer Research
NFTs have played a big role in social causes over the last year. We’ve seen projects aimed toward raising funds for the preservation of endangered species, forwarding social justice, and even helping fight climate change. As such, it’s no surprise that NFTs have also been used to raise funds for medical purposes. Here are some of the most notable projects in the space doing just that. NFT…Ps? Earlier this year, Dallas-based software developer Joshua Lapidus launched a project that was equal parts meme and charitable venture: Rainbow Rolls, an NFT collection consisting of anthropomorphic toilet paper rolls. By partnering with […]