web3 / 509 posts found
New Fees and Killing Bots: What Musk’s Twitter Takeover Means for Web3
Elon Musk officially owns Twitter. After spending months trying to back out of the deal, the world’s richest person is now running one of the world’s most far-reaching and prominent social media platforms. It also happens to be the platform that Web3 and NFT enthusiasts call home. So what does this mean for the community? And could this takeover actually be good news for Web3? Mixed community sentiment So far, the reception amongst Web3 figureheads has been mixed over Musk’s purchase. After all, Musk has the potential to make the platform a more crypto-friendly, Web3-integrated place, indicating his desire to […]
Justin Roiland’s Art Gobblers Claim Top OpenSea Spot Amidst Criticism
The Alpha: Art Gobblers, the NFT project brainchild of Rick & Morty co-creator Justin Roiland and Web3 firm Paradigm, has taken the NFT world by storm, having done a total of 7,426 ETH (just shy of $12 million) in trading volume on OpenSea within the first day of its existence. According to NFTstatistics.eth, the project, whose floor price sits at 12.5 ETH, rocketed into the top 10 list of projects for total ETH volume in October, barely an hour after minting out. The project’s unique ideas, instant success, and controversy surrounding its allowlist process have made it a lightning rod […]
Upcoming Drops: October 31 – November 6
Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL. Don’t get us wrong — the more people onboarded into the space, the merrier. But because of the constant influx of great art and ideas, it’s becoming increasingly difficult to keep up with all the news, launches, and general happenings. Well, you can put the days of endless Twitter and Discord scrolling behind you, as we put together a weekly list of upcoming NFT drops you definitely don’t want to miss. […]
Visionary Abstract Artist Hilma af Klint to Be Immortalized on the Blockchain
In Web3, everyone is building towards the future. As an internet ecosystem centered around cryptography and decentralization, the blockchain has become a hotbed for far-sighted innovation. The NFT space itself, which exists at the intersection of finance, art, and tech, is proof enough of this fact. A great abundance of digital and generative artists exist in proximity to Web3, and their efforts to curate blockchain-based bodies of works are both future-oriented and a logical next step for careers in art. But to those established, revered, and often older artists beyond the reach of the blockchain, NFTs can feel elusive, volatile, […]
What Happens to Your Crypto and NFTs When You Die?
Nine days into their honeymoon in December 2018 in Jaipur, India, Gerald Cotten, and Jennifer Robertson made an emergency trip to a private hospital. Cotten had come down with a severe stomachache, and after a diagnosis of acute gastroenteritis, his condition worsened severely. Blood tests pointed to septic shock as the culprit. His heart stopped, and despite doctors’ best efforts, Cotten was declared dead just 24 hours after his stomachache had begun. As the CEO and Co-Founder of QuadrigaCX, Canada’s then-biggest Bitcoin exchange, Cotten’s death soon made international headlines, but not just because of his status in the crypto world. […]
To Fund Prison Reform, Artists Heno and Andre Oshea Turned to NFTs
The United States is home to less than five percent of the world’s population, but houses nearly 25 percent of the world’s total prison population. Chances are you’ve encountered this shocking statistic in some form within the past decade. Dictated most notably by Hillary Clinton during a speech on criminal justice in 2015, this unfortunate fact has since been verified by scholars and news outlets with the prestige of The Washington Post. Yet, while these figures, by some estimates, have dropped to roughly four and 16 percent within the last few years, respectively, recidivism rates have continued to create a […]
Reddit’s Avatar NFTs Generated Over $2.5 Million in One Day
The Alpha: Reddit’s Collectible Avatars generated $2.54 million in sales from October 23 to the 24, according to public blockchain data compiled by Dune user polygon_analytics. This represents an increase of more than 1,000 percent in sales volume from the previous day and brings the total for Collectible Avatars to a more than $8.1-million spread, across nearly 28,000 individual sales. At the time of writing, Reddit’s NFTs have closed more than one-half million dollars in sales in the last 24 hours. Why it matters Reddit’s CryptoSnoos NFTs are limited-edition collectibles based on the social platform’s mascot, Snoo. Designed by independent […]
Reddit NFT Avatars: How to Buy and Sell the Best Snoo for You
The social media platform Reddit has experimented with crypto and NFTs for years. Albeit, indirectly — and without actually using blockchain technology. For years, power users have deployed a feature of the site to highlight particularly funny, informative, or touching comments from other users: Awards. These awards come in three tiers of ascending price and have been common sights on Reddit for years. They also cost real money to purchase and confer. However, doing so bestows a special, unique status on the post or comment upon which an Award is conferred. Sound familiar? With Reddit’s recent launch of its collectible […]
Breaking: Snowfro Just Announced First Art Blocks Project Since Chromie Squiggles
Since its November 2020 launch, Art Blocks has established itself as the preeminent platform for generative art within the NFT landscape. Artists worldwide, including Tyler Hobbs, Dmitri Cherniak, and Kjetil Golid have looked to the platform to host their collections. But what led to its rise? 10,000 colorful squiggles. Art Blocks’ CEO and founder Erick Calderon — better known by his handle Snowfro — created the Chromie Squiggle NFT collection in 2020 to help showcase the potential of Art Blocks as an art platform and creation tool. Since then, the collection has seen trading volumes in excess of 55 thousand ETH […]