web3 / 509 posts found
We Asked Experts What the Future Holds for NFTs
The goal in Web3 is to stay ahead of the curve. Whether you’re a trader trying to buy low and sell high, a creator working to get in on the ground floor of a new trend, or an art collector looking to secure works before an artist rises to prominence, being early earns you both financial gains and community prestige. Of course, “winning” in Web3 is sometimes simply a case of good fortune. The collector who just happens to mint the rarest unrevealed NFT in a PFP collection surely does so with little insight into the future. That said, there […]
Lamborghini’s 7-Month NFT Campaign to Conclude With Special Drop
The Alpha: After a seven-month NFT campaign, Automobili Lamborghini is bringing its ‘Epic Road Trip” drop to a conclusion with a 60th-anniversary digital collectible and special airdrops to its most consistent collectors, according to a company press release shared with nft now. The celebratory collectible will be available to those who attend any of Lamborghini’s IRL 60th anniversary celebrations as well as those who visit Lamborghini dealerships via a QR code. The commemorative collectible will also be airdropped to those who collected two or more NFTs from the eight separate monthly drops throughout the campaign. All holders of the commemorative […]
Op-Ed: We Need a New Blueprint for NFT Marketplaces
One of the primary reasons I was drawn to Web3 was the concept of a new ecosystem where creators are fairly compensated for their work. Verifiable ownership of digital assets, on-chain provenance, and the ability to create and record in an immutable way — Web3 has the potential to completely disrupt the wonderful but exploitative industries of art, tech, finance, music, and more. To me, this looked like the future. I still feel this way. Despite the current actions of marketplaces, I am confident that, as an industry, we will correct the course and remember why we’re here building this […]
No, NFTs Are Not Just Digital Collectibles
The terms non-fungible token (NFT) and digital collectible are increasingly used interchangeably. Not only is this incorrect, but it’s also reductive. The term “digital collectible” minimizes the potential of NFTs as an architectural software primitive, i.e., as a set of code that can be repurposed to build more sophisticated programs or interfaces. For a reasonably simple analogy, think of NFTs as websites. Anyone with a bit of coding knowledge can create a website. They are “hosted” using a unique identifier (URLs vs. contract addresses), can store and display data (text, images, video), and can execute code to perform desired outcomes. […]
When NFT Projects Die: Lessons From Web3 Failures
The Web3 community knows that situations can turn on a dime. From the fall of FTX to Elon Musk’s Twitter takeover, it has become clear that market volatility isn’t the only thing to be worried about. And all it takes is just one tiny event to set off a chain reaction throughout the NFT space. Oftentimes, this can be a positive thing, like Jack Butcher’s Checks changing the trajectory of open editions. On the other hand, events like February’s demise of the Friendsies collection can mean the inevitable spread of fear throughout the metaverse. Although the NFT space enjoyed a […]
Getty Unveils First NFT Drop, Featuring Stevie Nicks, David Bowie, and More
The Alpha: Starting on March 21, 2023, Getty Images will release The ’70s Music & Culture Collection, a compilation of images of musicians and cultural icons, including Jimi Hendrix, Elvis, David Bowie, Stevie Nicks, The Rolling Stones, and several more. To release their first-ever NFT drop, Getty partnered with Candy Digital, a digital collectibles platform and marketplace that has previously helped Major League Baseball, Netflix, The WWE, and more enter Web3. Fans will be able to purchase the images, which will be minted on the Palm blockchain, on Candy.com with credit cards or USDC. Photographs in the collection will range […]
Owls NFTs Are Driving a Resurgence in ASCII Art
Owls NFTs have been on an absolute tear recently. Having dropped on March 3, the 10,000-piece collection of randomly-generated colorful text art owls has already done more than 11,000 ETH ($17 million) in trading volume on the secondary market and currently has a floor price of 0.184 ETH. Little is known about the collection, whose Twitter account is just a month old and whose creator recently self-doxxed to reveal that they go by Rei. What is certain is that the project has rekindled interest in ASCII art NFTs and other on-chain projects that make up a remarkable part of the […]
ERC-4337: What Ethereum’s Latest Upgrade Means for NFTs
For most of us, NFTs have been our entrée into Web3. However, the process of buying, storing, and securing those NFTs is still relatively complicated for the average person. Moreover, the wallet creation experience — the necessary precursor to any Web3 activity, NFT or otherwise — is a major inhibitor to mass adoption. That’s where ERC-4337 comes in. This new Ethereum upgrade has the potential to make blockchain technology more accessible to non-crypto natives and provide benefits like lost key recovery, no seed phrases, gasless transactions, and more. Let’s explore what ERC-4337 is, why it’s important, and what it might […]
Next Up: Five Ones to Watch in March 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 many 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 […]
BREAKING: AI Artist Claire Silver’s Latest Collection to Premier at the Louvre
The Alpha: AI-collaborative artist and AI art movement advocate Claire Silver announced today that her newest collection will debut at the Louvre on March 21. Silver’s existing 1/1 artwork, Love in the Fourth Turning, will also be exhibited at the world-famous art museum. Both are in collaboration with Superchief NFT. In the same tweet detailing the announcements, Silver also revealed that she has signed for representation with WME as the company’s first AI artist. Dive deeper Silver is one of the AI art movement’s most consistent and prominent voices, regularly holding AI-collaborative art contests on Twitter and providing perspective and […]