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 →

BNPL for NFTs

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 →
One of the first (and still one of the best) use cases for tokenized assets (NFTs) on immutable public ledgers (blockchains) was fraud prevention. You could tokenize a physical item (make a "digital twin"), then follow (and authenticate) that item/token through its journey. Today, because NFTs (smart contracts) are easy to write, this is much easier to do. 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 →
sound bite
Are you looking for a sound bite that properly explains gas prices, inflation, potential stagflation, the crashing stock, and crypto markets? What's happening to the global supply chain? How the Fed's actions are likely to affect the economy in the near term? Forget it. Continue Reading →
Set to launch in early 2023, NFL Rivals will make you the General Manager of a fantasy NFL team as you compete against other GMs with their assembled player rosters and teams, building, leveling up and improving their lineup. In addition, you'll be able to own, collect, and trade non-fungible tokens (NFTs) of your favorite players through this play-and-own game experience. Continue Reading →
Yuga Labs, the company behind the Bored Ape Yacht Club, sold 55,000 virtual plots of land in its upcoming metaverse, Otherside, for about $5,800 each. While the transactions were done in ApeCoin, the NFTs were minted on Ethereum, where gas fees for each mint ranged from 2.6 to 5 ETH ($6,500-$14,000) at the time of the transactions. By the time the virtual land deeds sold out, buyers paid a total of about $123 million in gas fees to send Yuga Labs about $320 million. Ouch! Continue Reading →
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 →