web3 / 509 posts found
Now Runway: Web3 Meets High Fashion at The Met Gala
Welcome back to Now Runway, where we report to you from the frontlines of the digital fashion revolution. TikTok and Instagram were atwitter with all of the red carpet fashion this past Monday. For those of you that are strangers to fashion, this red carpet was none other than the one rolled out for The Met Gala. Held annually on the first Monday of May, the star-studded fashion-forward affair marks the opening of the annual fashion exhibit for the Metropolitan Museum of Art Costume Institute in New York City. In this edition, we’ll provide a Web3 perspective on the gala […]
Claynosaurz: An Exclusive Look at the Rising Solana Community
Depending on what your Twitter timeline looks like, you may have seen your favorite influencer or trader talking about Claynosaurz, the cute 3D dinosaurs on Solana that are taking the NFT world by storm. Despite the SOL and ETH communities being relatively independent of one another, this project has brought them together, attracting Ethereum enthusiasts to SOL. These days, chain crossovers aren’t rare. Most recently, top Solana projects DeGods and y00ts, have also migrated chains to Ethereum and Polygon, respectively. As NFTs become increasingly chain-agnostic, the boundaries between different blockchain worlds are becoming more blurred and integrated. As a result, users […]
What Blur’s Blend Protocol Means for NFTs
Once again, the NFT marketplace and aggregator Blur has shaken up the NFT space. On May 1, the company announced the launch of Blend, a peer-to-peer lending protocol built alongside Web3 investment firm Paradigm. Blur claims the new protocol will help unlock liquidity for NFTs and help grow the market overall. In the first 24 hours of its release, Blend became the number one lending protocol both by volume and users on the Ethereum blockchain. Unsurprisingly, the launch has been met with praise, criticism, and everything in between. Blur is no stranger to controversy, but its latest move is its […]
How a Digital Artist Used Chat GPT to Create a $50M Meme Coin
Anything can happen in Web3. In fact, one of the most alluring aspects of the crypto and NFT space is its Wild West-like nature; play your cards right, and you might stumble into generational wealth in a way that just isn’t possible anywhere else. And while scams, fraud, and ruin certainly rank among the seemingly endless possibilities the space has to offer, it’s important to remember that innovation and even altruism do, too. One of the more encouraging stories Web3 has seen in the last few days is the rise of $TURBO, a meme cryptocurrency created as both an experiment […]
The Rise of Token-Gated Streaming: A Guide to the Benefits and Risks
The incentives of being a music fan have been waning over the years. Ticket prices continue to skyrocket thanks to monopolized ticket marketplaces, and streaming prices are also rising. As a result, attendees are finding it less rewarding to show up for their favorite acts, and artists are having an increasingly difficult time mustering connections with their core audiences. All in all, the music economy feels incredibly constricted. This is precisely why creators and consumers have been turning to the blockchain. It’s a way to circumvent some of the worst features of the music industry. Now, some of the NFT-enabled features […]
$LMWR? LimeWire Is Back From the Dead As a Web3 Brand
Who remembers LimeWire, the now-defunct peer-to-peer file-sharing service that ruled the early 2000s? Back in its heyday, Limewire had more than 50 million monthly active users. But things changed in 2010, when the filesharing website was shut down by U.S. federal court after a four-year legal battle. For those who are still nostalgic about the place you downloaded your first MP3, you’re not alone. Considering the rebellious nature of the platform, perhaps it makes perfect sense that LimeWire is now being resurrected on the blockchain. And after months of teasing a tokenized offer, the new iteration of the iconic peer-to-peer […]
Mad Lads: What To Know About the Project Reviving Solana
The Solana NFT ecosystem has been facing a few challenges as of late. With the larger-than-life DeGods and y00ts collections opting to migrate off of the blockchain and top Solana marketplace Magic Eden finding it hard to appease both collectors and creators simultaneously, many of the chain’s devout supporters have been left wondering what’s next. Yet, sometimes, all it takes is a single NFT project to act as a catalyst for a major market shift. We’ve seen it happen on the positive end of the spectrum with Bored Apes, Azuki, Checks, and more. All of these helped revive ETH at […]
Exclusive: Sotheby’s Launches Secondary NFT Marketplace
The Alpha: Today, legacy auction house Sotheby’s launched its own secondary marketplace for fine art NFTs, according to information shared exclusively with nft now. The marketplace is an expansion of Sotheby’s Metaverse, the company’s digital artwork and collectibles platform. The peer-to-peer marketplace will feature fully on-chain sales showcasing a rotating selection of high-profile Web3 artists curated by Sotheby’s specialists. All transactions will take place on the Ethereum and Polygon networks. Collectors will be able to purchase works on the platform with ETH or MATIC. To inaugurate the marketplace’s launch, Sotheby’s is offering collectors a chance to buy and list works […]
Next Up: Five Ones to Watch in May 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 […]
What Will It Really Take To Make Web3 Mainstream?
It seems that everyone plans to onboard the next billion people to Web3. Nike, Time Magazine, Budweiser, Nickelodeon, and a host of other influential brands (nft now included!) have all promised to onboard the masses. But what will it really take to bring blockchain tech from niche to mainstream? Looking at the progress so far, it seems very few have any serious idea of how to make the metaverse a reality. So, to try and determine what might break down the barrier between Web2 and Web3 once and for all, we turned to experts and holders of the Now Pass […]