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…

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…

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…

Scams have become an inevitable part of the NFT ecosystem. At this point, nearly all of the biggest names in the space have been victims of hacking. In January of 2023 alone, PROOF Collective founder Kevin Rose lost more than $1 million in NFTs in a phishing scam, and the Azuki Twitter account got hacked. Followers who clicked a nefarious…

So far, the defining Web3 conversation of 2023 has been about open editions (OE). 3D animator and crypto artist NessGraphics broke records when they dropped Money Printer Go BRRRRRR and raised over 1,404 ETH ($2 million) in one hour. Likewise, Victor Mosquera’s January 29 OE drop for The Collector raised 224 ETH (nearly $400,000) in…

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…

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On January 14, 2022, French fashion house Hermès International sued artist Mason Rothschild for trademark infringement following the release of MetaBirkins — a collection of 100 NFT Birkin bags covered in faux fur in a range of colors and designs. Actual Hermès Birkin bags are notoriously expensive and difficult to get, making them a top…

Otherdeed saw an overall increase in project metrics, while Yuga Labs’ other projects recorded a drop in trading volumes.