web3 / 282 posts found
From Rap to Web3: Heno’s Journey to Ignite Social Change
Ethiopian-Eritrean rapper Heno grew up in Takoma Park, Maryland, at the nexus of multiple worlds. As an honor roll student with street smarts, Heno experienced both the privileges and injustices of his environment. His family’s apartment was located next to his elementary and middle schools, a library, and a police station — a combination of places that would shape his perspective on life. As a child, Heno explains that one of his earliest memories involved a traumatic encounter with the police when they unlawfully entered his home, shining a flashlight and pointing a gun at him. He says he was […]
Uncovering Nakamigos: The Origins, Rumors, and What We Know So Far
The Nakamigos NFT project is raising eyebrows in the Web3 community. After coming onto the scene with a March 23 public mint, the collection took only four days to surpass NFT giant Bored Ape Yacht Club in lifetime trades and has done 5,423 ETH (nearly $6 million) in trading volume on the secondary market at the time of writing. The collection’s success arguably rests on two things, neither of which fail to spark interest in Web3 spheres: the proven track record of its founder and the wildly-speculative intrigue of the project’s origin and associations. Here, we take a look at […]
Do BAYC Holders Really Want Gucci in Their Metaverse?
Luxury fashion house Gucci is doubling down on its Web3 ventures. Although the brand has maintained an elusive presence on the blockchain thus far, the recent announcement of a partnership with Yuga Labs’ coveted Otherside metaverse project has set the NFT space abuzz with speculation. While the companies had previously indirectly collaborated on offerings, this latest team-up is set to be a more robust and ongoing initiative centered within the broad-scale Yuga and Bored Ape Yacht Club metaverse. But, given Gucci’s past in Web3, is this something that will actually be of desire and benefit to those who hold Yuga […]
The Story of NFTs: Artists, Technology, and Democracy (Review)
The significant drop in the price of Bitcoin from $47,000 to $16,000 in 2022, along with a related fall in the average price of NFT art from $3,200 in 2021 to $1,200 in late 2022, led many commentators to declare a “crypto winter.” But, the authors of The Story of NFTs: Artists, Technology, and Democracy, a new book released on March 7 with Rizzoli — offer a different metaphor. Co-author Amy Whitaker told nftnow that the structure of NFTs and crypto is similar to hiking in Yosemite, where there had been a forest fire several years earlier. “The giant trees […]
The Now Pass Mint Is Officially Live
The Alpha: The Now Pass, a collection of 2,750 NFTs set to help build the future of tokenized media, has arrived. The Now Pass grants holders access to the Now Network, an ecosystem containing nft now’s industry-defining tokenized media initiatives based on community, rewarding participation, and progressive decentralization. The Now Pass mint is officially live — head to nowpass.xyz to grab yours. Phase One begins on March 23 at 10 am ET, Phase Two on March 23 at 2 pm, and Phase Three — the public sale of the NFTs — starts on March 24 at 9 am. Mint details […]
Web3 vs Traditional Record Deals: How Do They Really Compare?
There’s little more to say about the state of the legacy music industry that hasn’t already been said. These days it’s common knowledge that labels and execs rake in the dough while artists make pennies. And to top it all off, touring — which has anecdotally been a major breadwinner for artists — has increasingly become unsustainable thanks to monopolized ticket marketplaces. This is precisely why, to take a better crack at independence, artists and musicians have been flocking to Web3. Due in no small part to the fact that the blockchain is revolutionizing the artist-fan dynamic, those looking to […]
OpenSea: The Ultimate Guide to Its Tools, Features, and Controversies
If you know Web3, you know OpenSea. Since its launch at the end of 2017, the NFT marketplace has largely been the poster child for the world of Ethereum and crypto art, and it’s got the numbers to prove it. OpenSea’s total historical trading volume sits comfortably at just shy of $41 billion, according to Dune analytics. To put that in perspective, KnownOrigin, one of OpenSea’s competitors that launched around the same time, has a total trading volume of just over $30 million. Having dominated the market for almost six years, OpenSea has been as influential to the NFT ecosystem […]
MapleStory is Integrating NFTs: What Should Players Expect?
The Alpha: In an article published last week (March 12, 2023), global video game publisher Nexon announced that it was releasing a blockchain-based iteration of MapleStory, one of its flagship games. MapleStory was first released in 2003 in South Korea and currently has more than 180 million registered players worldwide. Thanks to this massive user base, Nexon’s move could increase the speed of blockchain gaming development and the widespread adoption of NFTs. The new release will be titled MapleStory Universe, and Nexon has chosen Polygon, an Ethereum-scaling network, to support its Web3 expansion and provide technical and business support for […]
11 Black Founders Driving Innovation in Web3
Similar to Black artists, Black founders are making significant strides in the Web3 space, forging a path for themselves and their communities. However, they are still underrepresented. According to data from Crunchbase, Black founders in the U.S. received approximately $2.254 billion in venture capital funding out of the total $215.9 billion allocated. That’s only about one percent of capital raised. These trailblazers deserve recognition for their innovation, resilience, and the impact they’re making in the decentralized landscape — not just during events like Black History Month, but every day. With this in mind, nftnow has teamed up with Umba Daima, […]
The Arbitrum Airdrop Is Coming Tomorrow: Here’s What to Know
The Alpha Now that the excitement around Blur has died down, Web3’s attention has shifted to another airdrop. All eyes are on Arbitrum, the Ethereum layer-two scaling solution launching its token airdrop (ARB) on March 23. Just over one billion tokens will be airdropped to more than 600,000 wallet addresses. The minimum airdrop entitlement is 625 tokens, and the maximum airdrop entitlement is 10,250 tokens. Arbitrum calls the airdrop an “official move” into a decentralized autonomous organization (DAO). ARB holders will be able to participate in voting on essential decisions that affect the Arbitrum One and Arbitrum Nova networks. Dive Deeper If […]