The Ethereum merge is still fresh. Not even a month has passed since the second-largest blockchain switched from an energy-intensive proof of work validation mechanism to proof of stake, lowering its energy consumption by 99.5 percent. But context clarifies the magnitude of this change. In the summer before the merge, Ethereum consumed nearly 60 tera-watt…
When you store something on a blockchain — whether it’s a meme coin, a Goblin NFT, or even government documents — it will remain there forever, etched upon the blockchain’s ledger. It won’t be disturbed or modified, and, barring a worldwide apocalypse, it won’t be forgotten. This last bit is essential. Although an ISIS supporter…
There are endless potential applications for non-fungible tokens (NFTs). However, since we’re still in the early stages of the non-fungible era, it might be some time before we see large-scale projects that aren’t, in one way or another, related to art. To this end, NFT projects these days typically fall into one of seven categories….
Vitalik Buterin, best known as one of the co-founders of Ethereum, has a massive new Web3 project in the works. In a white paper entitled “Decentralized Society: Finding Web3’s Soul,” Buterin and his fellow authors detail their vision for a fully decentralized society (DeSoc) and how we could make it a reality. Their answer? That…
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…
In 2021, a new creator economy was born on the blockchain. Since NFTs took center stage, artists have achieved NFT superstardom, billion-dollar brands have been forged in just a few months, and many lives have been utterly transformed time and again. Yet, the most inspiring thing about the NFT space is the number of artists…
When it comes to historic NFT projects, the general rule is: older means better. Although legacy collections like CryptoPunks, CryptoKitties, and Curio Cards have gained newfound popularity in the last few years, the fact that we can trace their provenance back through the annals of the blockchain contributes a wealth of historical and cultural value…
In less than a year, VeeFriends has become one of the most influential and unique NFT collections on the market. Tied to the personal and professional brand of Gary Vaynerchuk, VeeFriends launched at a time when similar PFP (profile picture) NFTs like Bored Ape Yacht Club were just beginning to take off. Yet, perhaps due…
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…
