In partnership with Ticketmaster, the NFL will offer ticket buyers free virtual commemorative tickets (NFTs) for more than 100 games next season. Continue Reading →
Web3
Posts about Web3.
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By trading volume, Axie Infinity is the largest NFT project of all-time, but the world's leading play-to-earn game has traveled a rocky road. If you remember, in March 2022 Axie was the victim of the largest crypto hack in history, losing approximately $622 million. However, things are looking up. While all of Axie's industry comps and KPIs are well under their high water marks, Axie is making a comeback. Which raises the question: Why? Continue Reading →
As we enter another crypto winter, it has become de rigueur for tech types to go on record espousing that Web3 is nonsense, that blockchain is a terrible technology, and that cryptocurrencies (all of them) are Ponzi schemes. There is seemingly no end to the tweets and blog posts from highly credentialed people about tulips and "The Emperor's New Clothes" and greater fool theory. It's as if the technocrats want to make sure that they know that you know that they know that all things Web3 are technologically inferior to all things Web2. Are they right? Continue Reading →
Teller, which touts "crypto loans for the real world," wants to help you buy "blue chip" NFTs using their BNPL (buy now pay later) feature. Continue Reading →
A new notice from the U.S. Office of Government Ethics (OGE) prohibits any federal government employee who owns cryptocurrency from working on federal crypto regulation. This includes employees at The White House, The Federal Reserve, and The Department of the Treasury. Continue Reading →
In World of Warcraft, a soulbound item, once picked up, cannot be transferred or sold to another player. It is this idea of “immutable, permanent binding” that inspired Ethereum’s creator, Vitalik Buterin, to ask a question: What if NFTs could be soulbound? Continue Reading →
OpenSea, the world's largest NFT marketplace, informed people on its email list that an employee of Customer.io (OpenSea's bulk email vendor) gave the OpenSea email list to an outside party. OpenSea sent a note advising everyone on the list to beware of phishing schemes that are likely to ensue. Even if you didn't get a note, beware of phishing schemes. Continue Reading →
FCC Commissioner Brendan Carr has given the CEOs of Apple and Google until July 8 to respond to his open letter asking Mr. Cook and Mr. Pichai to remove TikTok from their respective app stores. Continue Reading →
Greetings from NYC and happy Summer Solstice (to those who celebrate). NFT.NYC is in town this week, and to say that a "hard dose of reality" has hit the faithful would be to mischaracterize the vibe. People in the business know that the current market conditions are universal. They know that the underlying technology and associated business models are evolving, and they also know that – most importantly – the shakeout, while painful, is a required growing pain. Continue Reading →
In 2000, almost $8 trillion of wealth vaporized when the dot-com bubble burst. It was a tough year for Wall Street, venture capitalists, and average retail investors. Why? The pundit parade did its best to explain the crash, but markets are complex systems (which makes them computationally unpredictable). So, in the end, the only thing we could be sure of was that $8 trillion had gone missing. What did we learn? Continue Reading →