Ryan Carson Faces Backlash after Announcing Web3 Fund Flux

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,…

The Ultimate Guide to World of Women: A Pillar of Inclusivity in NFTs

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. …

Cautionary Tales From Hyped NFTs: Pixelmon, Hape Prime, and More

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…

The 10 Best GM Memes of All Time

Twitter engagement goes a long way in Web3. Considering those within the NFT community spend a significant amount (let’s just call it 99 percent) of their time greeting, Tweeting, or otherwise interacting with each other via the Elon-owned app, few aspects of the metaverse have become as important as the general camaraderie shared by those…

NFTs 2.0? When Will Soulbound Tokens Arrive?

Think back to May of 2022. Spring is here, the NFT100 is a month away, and Ethereum Co-Founder Vitalik Buterin just made a huge announcement: Soulbound Tokens (SBTs). The idea — which came via a white paper entitled “Decentralized Society: Finding Web3’s Soul” — inspires “oohs” and “ahhs” throughout the metaverse. That same month, the paper’s…

The Future of Digital Artistry Hinges On the NFT Royalty Debate

Despite the fact that approximately $100-200 million in NFTs are traded on blockchain networks each week, many creators still struggle to generate significant revenue from their work. The reason? Royalties — or rather, a lack thereof. Royalties allow creators to be compensated for their work beyond the primary sale, making them a vital source of…