The Alpha: It’s a big day for legal precedent in Web3, as the lawsuit between luxury brand Hermès International SA, and Mason Rothschild, the artist behind the controversial MetaBirkin NFT project, has been settled. After six days of proceedings in a Manhattan courtroom, the ruling came back that Rothschild’s sale of handbag-inspired NFTs violated Hermès’ rights…
The Alpha: Reddit’s Collectible Avatars (which are definitely not NFTs) are back. After teasing their release last week, the social media platform dropped the Super Bowl LVII x Reddit Collectible Avatar collection yesterday in collaboration with the NFL. The NFTs are free and, like Reddit’s previous drops, provide owners with unique benefits on the platform….
Without a doubt, Jack Butcher’s Checks VV is taking over Web3. What began as an artistic experiment and social commentary on the concepts underpinning Web2 and Web3 has grown well beyond the walls of its own making. At this point, Checks’ identity has shown up in derivative projects that span everything from early 2000s memes…
The new Ordinals protocol just made everyone’s answer to the question “What is Bitcoin?” a lot more complicated. Software engineer Casey Rodarmor launched the protocol on the Bitcoin mainnet on January 21. It allows digital artifacts like images, text, programs, and even video games to be inscribed directly on the Bitcoin blockchain. In other words,…
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…
The Alpha On February 3, 2023, Web3 builder and former Proof Collective COO Ryan Carson announced Flux, a fund through which he intended to raise $10 million through 100 investors. In a now-deleted tweet announcing the fund, Carson listed several well-known Web3 figures as investors. NFT community members, including those listed as investors in the fund,…
We’ve all witnessed it happen: a 10,000 supply PFP project comes out of nowhere and becomes the hot new thing seemingly overnight. Clad with flashy animated teasers and cryptic tweets, the social media accounts supporting these projects somehow find a way to attract hundreds of thousands of followers in record time, prompting those in the…
World of Women (WoW) is an absolute juggernaut in the NFT space. One of the community’s greatest success stories, which began as a 10,000 edition PFP project aimed at providing a space for women in an otherwise “crypto bro” dominated ecosystem, has grown into a well-known Web3-based brand exploring a range of ambitious media endeavors. …
Let’s be real: the NFT space can be tough to crack. Making the jump from Web2 to Web3 can be seriously disorienting; First, there’s wrapping your head around NFTs as a technology and working through the “Why can’t I just screenshot it?” phase. And if that’s where you’re at, don’t feel embarrassed. Even experienced NFT…
