web3 / 509 posts found
Exclusive: Foundation Announces Dynamic NFT Pricing Feature
The NFT marketplace Foundation has launched Dynamic Pricing, a new, automated feature on the platform meant to simplify pricing for creators, according to information shared exclusively with nft now. Dynamic Pricing leverages a Rebate Dutch Auction mechanism, a pricing model designed by Foundation to help creators navigate the complex and often intimidating process of pricing their creations. Credit: Foundation Greater control and transparency Appropriately estimating the price of an NFT can be tricky as a creator in Web3; if the price is too high, it could result in sluggish or (in some cases) no sales at all. Conversely, setting the […]
Kraken NFT Marketplace Launches, Supports 250 NFT Collections
Kraken, a U.S.-based cryptocurrency exchange, has announced the official launch of its NFT marketplace following the successful completion of its beta testing phase. According to a press release, the marketplace will support over 250 NFTs across multiple blockchains, including Ethereum, Solana, and Polygon. In November 2022, Kraken introduced a public beta version of its NFT platform, which initially featured a carefully curated selection of 70 NFT collections on Ethereum and Solana. However, with the platform’s public launch, Kraken has broadened its offerings to include low-cost collections that can be purchased for under $100. In addition to CryptoPunks and Bored Apes, […]
Emily Xie and LACMA Present Interwoven, Inspired by Quilts and Generative Art
Generative artist Emily Xie has teamed up with the Los Angeles County Museum of Art (LACMA) to launch her latest collection, Interwoven. Xie, best known for her generative collection Memories of Qilin, is once again using the power of code to create enchanting pieces. This collaboration between the notable artist and museum holds a unique impact, as LACMA has quickly become a hot spot for digital art. The museum started a fund dedicated to acquiring digital art in 2022 and, since then, expanded its collection with NFTs donated by Cozomo de’ Medici. As part of the “Remembrance of Things Future” […]
Pudgy Penguins’ Luca Netz: NFTs Need to “Shift Away From Ponzinomics”
Luca Netz isn’t afraid to call his shots. Fresh off the headline-grabbing success of the Pudgy Toys launch, which raised more than $500,000 in two days, the Pudgy Penguins CEO has his sights set well beyond simply dominating the Amazon toy charts. “When we talk next, I will be the face of NFTs, and I’ll be on the path to being the number one NFT project in the world with the highest floor price,” he says. “That’s really my objective.” While still an ambitious assertion today, it would have sounded farfetched just a year ago when Pudgy Penguins was reeling […]
The SEC Is Suing Binance and Coinbase. What’s Next for Crypto?
The U.S. Securities and Exchange Commission (SEC) rocked the crypto landscape this week, further intensifying its regulatory scrutiny on the industry by filing civil lawsuits against two of the world’s largest cryptocurrency exchanges, Binance and Coinbase. Citing a laundry list of accusations ranging from a failure to protect investors to the mismanagement of customer funds, the SEC also identified several well-known crypto tokens (MATIC, SOL, and ALGO among them) as well as those related to gaming and metaverse platforms (SAND, MANA, and AXS), as potential securities. The lawsuits fall on the week of the 89th anniversary of the SEC, making the […]
Louis Vuitton Announces $41,000 ‘Treasure Trunks’ NFTs
Two years after its first NFT foray, Luxury fashion house Louis Vuitton is again turning heads in the world of Web3. On June 6, the brand announced a collection of ‘phygital’ Treasure Trunk NFTs that will give owners access to exclusive future products, experiences, and a community of fellow holders. Priced at €39,000 (over $41,000) a piece, the production of these unique tokens — and their physical twin counterparts —will be limited to several hundred pieces. According to Vogue Business, this venture is part of the brand’s new “Via” initiative — derived from the Latin word for “road.” While this price […]
Web3 Reacts to Apple’s Vision Pro Headset
Well, Apple went and did the thing. After years of rumors, speculation, and expectation, the company finally unveiled its first new product category since 2014’s Apple Watch with the announcement of the Apple Vision Pro. The AR and VR headset, which is currently priced at a steep $3,500 and has a tentative launch date of early 2024, is Apple’s first major swing at making the idea of spatial computing a reality. During the 2023 Worldwide Developers Conference on June 5, Apple finally took the wraps off the eagerly anticipated mixed-reality headset, and the Web3 community certainly didn’t fail to notice […]
SEC Charges Binance With 13 Counts of Securities Laws Violations
In a major development, the U.S. Securities and Exchange Commission (SEC) has lodged a comprehensive lawsuit against Binance, the world’s largest cryptocurrency exchange. The lawsuit, which details 13 separate charges, was filed in federal court on Monday, June 5, and accuses Binance of mismanagement of customer funds and deception towards regulators and investors about its operations. “Through thirteen charges, we allege that Zhao and Binance entities engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law,” SEC Chair Gary Gensler said. “As alleged, Zhao and Binance misled investors about their risk […]
Apple’s Vision Pro Headset: Everything You Need to Know
The Alpha: Today, at the Worldwide Developers Conference 2023, Apple revealed its long-awaited mixed-reality headset, the Apple Vision Pro. Representing the first brand-new product category from the company since 2014’s launch of the Apple Watch, the high-end augmented and virtual reality headset could have a major impact on the future of the metaverse. The device’s main uses will include gaming, communication, video consumption, and productivity. According to Bloomberg‘s Mark Gurman, at least one person who worked on the device at Apple has called it “the future of the computer.” Blending augmented and virtual reality, the device is powered by an […]
Next Up: Five Ones to Watch in June 2023
In 2021, a new creator economy was born on the blockchain. Since NFTs took center stage, artists have achieved NFT superstardom, billion-dollar brands have been forged in just a few months, and lives have been utterly transformed time and 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. Although the NFT space has changed significantly over the last […]