Much of the beauty of Web3 lies in its ability to facilitate permissionless and trustless transactions without the intervention of any third-party intermediary or centralized authority. But how does this magic really happen? Dubbed “Internet Legos” by Packy McCormick, smart contracts are widely considered to be the building blocks of Web3. A smart contract is a computer program that lives on…
Italy’s ministry responsible for regulating the nation’s museums has asked its institutions to put a temporary halt on minting contracts with NFT providers, according to an initial report from Artnet. This comes in the wake of a colossal sale of an NFT of Michelangelo’s Doni Tondo by Florence’s Uffizi Gallery, for $241,540 (€240,000), in 2021 — which initially represented a…
Carl Jones, best known for his involvement in the cult classic series The Boondocks, recently entered the NFT space with the release of the 10,000-piece Bubblegoose Ballers collection. The collection’s genesis can can be traced back to his childhood. Growing up, Jones viewed puffy bomber jackets or “bubblegoose” jackets as status symbols within his neighborhood, describing their wearers as “ballers.”…
Luxury brands and NFTs make for oddly comfortable bedfellows. High-end fashion has taken to NFTs more quickly and enthusiastically than other industries, and there seems to be a consensus that Web3 will undoubtedly play a huge role in its future. It makes a great deal of sense. Both high-fashion and NFTs operate on models of exclusivity and scarcity, which might…
The crypto hedge fund 3AC (Three Arrows Capital) has just moved most of its NFT collectibles to a single wallet. Its founders Su Zhu and Kyle Davies allegedly moved the assets to avoid court liquidation proceedings. Basically, this could mean the duo will sell the precious NFTs at huge discounts soon. The hedge fund Three Arrows Capital (3AC) moved its…
GameStop’s NFT marketplace is officially live as of July 11, 2022. Users who’ve set up their GameStop wallets are now free to fill them with NFTs from the marketplace, along with any Ethereum they’ve set aside for this big day. So how’s it doing? Well, financially speaking, pretty good. Reports from GameStop analysis Twitter account GMEdd indicate that within 12…
Just a few months ago, NFTs and crypto were a whole lot of fun and adrenaline, moving like a roller coaster at maximum speed. But admittedly, the hype has died down and the bear market has settled in, making it the perfect moment to buckle down and learn some new Web3 skills to make the most out of this time…
The new NFT marketplace myNFT has announced its upcoming launch, off the back of a successful Series A funding round. In the round, the London-based NFT marketplace secured funding from some of the biggest names in blockchain today. As a result, myNFT has the resources to work toward its mission of making NFTs accessible to all. The new NFT marketplace…
BlockBar, the NFT marketplace specializing in luxury wines and spirits, offers unprecedented access to the rarest whisky in the world, Karuizawa. The bottle from the last 50-year-old cask, The Last Masterpiece 1970, will be auctioned exclusively on BlockBar. The rarest whisky in the world, Karuizawa, can now be purchased via an NFT. About the Karuizawa NFT drop BlockBar offers collectors…
Tron’s film producer Donald Kushner and his Gumbotron production team have teamed up with Forj, a subsidiary of Animoca Brands, to produce a new metaverse called Cryptosaurs. Tron was the first film to feature the metaverse. With the launch of this new web3 project, Donald Kushner pays tribute to the film that elevated his career. A Cryptosaur ‘Hatchling’ About Cryptosaurs…
