Royalty-Free NFT Trades: What’s to Happen With Marketplaces & Creator Fees?
The NFT space is on fire. Giant marketplaces OpenSea and Magic Eden are benefiting 0% creator fees trades – but what does it mean to the community?
The NFT space is on fire. Giant marketplaces OpenSea and Magic Eden are benefiting 0% creator fees trades – but what does it mean to the community?
In the world of traditional media, IPs often have to wait to receive a big-budget adaptation before mainstream audiences embrace them. For instance, George R.R. Martin’s A Game of Thrones took 15 years to receive an adaptation — and audiences across a wide gamut of demographics ate it up. However, in the spirit of Web3…
What happens when you wake up with $70 million in the bank and a tattered reputation? If you’re Martin van Blerk, the former head of Pixelmon — the infamous NFT project that spectacularly failed to live up to its promises, enraged swindled community members, and whose floor price tanked as a result — you get…
Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL. Don’t get us wrong — the more people onboarded into the space, the merrier. But because of the constant influx of great art and ideas, it’s…
Since the first NFT was minted in 2014, digital artists and collectors have praised blockchain technology for its usefulness in tracking provenance, the origin and history of a particular artwork. Never before had artists seen a tool that could do it all like the blockchain, an immutable digital ledger that records transactions without the aid…
Recent developments have emerged following lawsuits by the Securities and Exchange Commission (SEC) against two of the globe’s leading cryptocurrency exchanges. On June 5, the SEC filed a comprehensive lawsuit accusing Binance of mismanagement of customer funds and deception towards regulators and investors about its operations. The next day, the SEC leveled allegations against Coinbase…
For most of us, NFTs have been our entrée into Web3. However, the process of buying, storing, and securing those NFTs is still relatively complicated for the average person. Moreover, the wallet creation experience — the necessary precursor to any Web3 activity, NFT or otherwise — is a major inhibitor to mass adoption. That’s where…