How Ordinals Fractured the Bitcoin Community (and Why It Was Necessary)

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,…

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…