Guides / 114 posts found
Otherside: Everything to Know About the New Bored Apes Project
It has already been a truly wild year for the Bored Ape Yacht Club (BAYC), and 2022 isn’t even half over. With new and exciting happenings being announced on a near-monthly basis, Yuga Labs — the company behind BAYC — has finally initiated the first phase of their massive metaverse endeavor. It’s a new project called Otherside. The forthcoming collection was announced back in March. And speculation and unconfirmed information in circulation have made details pertaining to the April 30 launch a bit fuzzy. Don’t be fooled though, this isn’t at all comparable to secondary projects like the Bored Ape […]
A Complete and Simple Guide to the Top NFT Blockchains
When it comes to NFTs, the Ethereum blockchain is king. Considered by many to be the one-stop shop for NFTs, over the past year it has quickly become the most talked about – and at times the most trafficked – blockchain in existence. Yet, numerous other blockchains have been becoming increasingly popular within the NFT space. Considering the high transaction costs and environmental impact that the Ethereum blockchain presents, crypto-artists and NFT enthusiasts have continued to seek out new places to mint and trade NFTs. But there are several things to consider when choosing what blockchain to mint on. Some […]
Scams Explained: What Are Rug Pulls? Are They a Crime?
Back in March of 2022, the U.S. Department of Justice (DOJ) charged Frosties founders Ethan Nguyen (“Frostie”) and Andre Llacuna (“heyandre”) with conspiracy to commit fraud and conspiracy to commit money laundering in what is considered to be the agency’s first NFT “rug pull” bust. The ice-cream-themed project, which was heavily marketed as a “cool, delectable, and unique” collection of 8,888 NFTs, also promised investors raffles, merch, and a “special fund to ensure the Frosties’ longevity.” They didn’t exactly live up to these promises. Following a two-month investigation, prosecutors in the Southern District of New York arrested and charged Nguyen, […]
A Guide to NBA Top Shot NFTs: Videos Are the New Trading Cards
With robust support from NFT collectors, investors, and trading card enthusiasts alike, the significance of NBA Top Shot can’t be overstated. The project helped drive mainstream awareness for blockchain and non-fungible tokens (NFTs) as few things could. For any doubters out there, the numbers largely speak for themselves. In 2021 alone, the virtual platform had more than 1.1 million registered users who traded some $800 million in NFTs. As a result, it’s impossible to discuss the rise of NFTs without devoting a large part of the conversation to NBA Top Shot. The joint venture between the National Basketball Association (NBA) […]