Blockchain

Axie Infinity announced the global early access release of its free-to-play game Axie Infinity: Origin. The launch of the entry-level game comes a week after Axie's Ronin Network was hacked for $625 million, which was one of the largest crypto hacks ever. Continue Reading →

Meta (the company formerly known as Facebook) is thinking about creating its own virtual currency. Some reporters (and anonymous company sources) say it is unlikely to be a cryptocurrency. That seems naive. No matter how they create Zuck Bucks, if it has a value inside of the Zuckerverse, it will have a value outside of the Zuckerverse. Continue Reading →

U.K. Finance Minister Rishi Sunak has asked the Royal Mint to create and issue the NFT “by the summer.” City Minister John Glen announced a number of steps the U.K. will take to bring digital assets under more regulatory scrutiny. Glen says the government wants Britain to “lead the way” in crypto. Continue Reading →

Looking for a Bored Ape but don't have any crypto? No problem… fiat currency is gladly accepted. OpenSea, one of the biggest and most popular NFT marketplaces, will soon let you buy and sell your NFTs with credit cards, debit cards, or Apple Pay. MoonPay, a fintech infrastructure company, will provide the tech. Continue Reading →

I just spent the most wonderful week in Los Angeles speaking, moderating, and partying at NFT|LA, a gathering of Web3 enthusiasts with a special emphasis on NFTs and all things crypto. The organizers did an outstanding job mixing solid content and amazing experiences. I'm sure everyone had an incredible time. I'm also sure the audience was bifurcated into two clearly defined groups: predators and prey. Continue Reading →

I just read Nike Inc. v. StockX LLC, a 50-page complaint filed by Nike demanding that StockX (a used shoe seller) destroy all the Nike-branded NFTs it minted. Someone should tell Nike’s lawyers that an NFT is not an image, video, or audio file, but simply an immutable digital receipt of a transaction that references the location of the associated asset(s). Destroying the receipt has no impact on the intellectual property in question any more than throwing out a receipt from the grocery store has an impact on the items you purchased. Continue Reading →

I'm excited to invite you to the first Newhouse Advanced Media Lab Series event (April 13, 6:30 p.m. EST): "Engage-to-Earn: Paradigm Shift or Parlor Trick?" Continue Reading →

Axie Infinity is the most popular play-to-earn game. It is one of the best current examples of how you might combine Web2 and Web3 concepts to push the envelope. NFT|LA, a massive event about – you guessed it – NFTs opened yesterday, and I had the pleasure of moderating the opening fireside keynote with The Continue Reading →

The White House would like to get to the bottom of this whole "is cryptocurrency going to destroy the climate or not" thing. The Office of Science and Technology Policy announced it's putting together a report that assesses whether digital assets “impede or advance efforts to tackle climate change” and makes moves toward a “clean and reliable electricity grid.” Continue Reading →

For all practical purposes, a DAO (Decentralized Autonomous Organization) is "a group chat with a shared bank account." So why are so many people (myself included) so excited about DAOs? Because, objectively speaking, the best organized groups are the most successful, and DAOs enhance and accelerate the ability to organize at scale. Let's go over the basics. Continue Reading →