Arbitrum Dapps Show Resilience During FTX Crisis
Increased use of Arbitrum dapps proves Web3 is more about real utility than bad actors.
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Nifty’s Shuts Down Due to Financial Challenges, Will Preserve Its NFT Collections
In a somber announcement, Nifty’s, a platform dedicated to Web3 creators, has declared the winding down of its operations. The decision comes after the company faced significant financial challenges, despite “their best efforts” to secure necessary investments. Nifty’s UpdateEarlier this year, mindful of our limited resources in a difficult market, we pivoted to developing a…
NFTs and Sports: Creative Director of Lionel Messi NFT Collection Speaks Out
While the FIFA World Cup comes every four years, some opportunities are even rarer than claiming the crown of champion. In a once-in-a-lifetime opportunity, Ethernity asked the prominent Vancouver-based Colombian artist Victor Mosquera to head creative direction for the global soccer sensation Lionel Messi’s forthcoming 50-edition NFT launch, on Dec 2. Mosquera has sold 567…
Art Blocks and Bright Moments Announce ‘923 Empty Rooms’ Collaboration
Art Blocks and Bright Moments are set to unveil their latest joint project, 923 Empty Rooms, by artist Casey Reas, marking their second collaboration in an ongoing partnership. This new artwork builds upon Reas’ previous creation, An Empty Room, commissioned by the Los Angeles County Museum of Art (LACMA). An Empty Room delved into the…
Four Times NFTs Proved to Be Good for the Environment
When it comes to the environment, NFTs have a bad reputation — much of it undeserved. At the height of the “NFTs harm the environment” frenzy in mid-2022, wildly uncontextualized claims about single blockchain transactions consuming as much energy as a mid-sized house does in three days proliferated across the Twitter-sphere. Two things have slowly…
How BlockBar’s NFT Drop Paves the Way for Direct-to-Consumer Sales
Let’s face it. Web3 is noisy. Regardless of the state of the market, there will always be hundreds of new projects released daily, accompanied by millions of pieces of content vying for our attention. As a consumer, this can be overwhelming. As a builder, this can be detrimental both to the health of a project…
From Web2 to Web3: A Guide to NFTs on Facebook and Instagram
The company formerly known as Facebook has had its eyes on the next stage of the internet for a long time. In 2014, the tech conglomerate acquired Oculus — then a Kickstarter-funded project — with aims to throw its endless resources and the Oculus team’s expertise into launching the first entry-level VR headsets flooding the…