The Securities and Exchange Commission (SEC) has intensified its regulatory scrutiny on Web3 gaming. In a June 5 lawsuit filed against Binance, the world’s largest cryptocurrency exchange, it identified three individual gaming and metaverse tokens that it believes to be securities. Axie Infinity (AXS), The Sandbox Game (SAND), and Decentraland (MANA) were among the tokens named….
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 lives have been utterly transformed time and again. Yet, the most inspiring thing about the NFT space is the number of artists of…
The Alpha: Today, at the Worldwide Developers Conference 2023, Apple revealed its long-awaited mixed-reality headset, the Apple Vision Pro. Representing the first brand-new product category from the company since 2014’s launch of the Apple Watch, the high-end augmented and virtual reality headset could have a major impact on the future of the metaverse. The device’s…
In a major development, the U.S. Securities and Exchange Commission (SEC) has lodged a comprehensive lawsuit against Binance, the world’s largest cryptocurrency exchange. The lawsuit, which details 13 separate charges, was filed in federal court on Monday, June 5, and accuses Binance of mismanagement of customer funds and deception towards regulators and investors about its…
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…
Producing AI-powered artwork is now within everyone’s reach, thanks to innovative platforms like Midjourney, a stand-alone AI art application that transforms textual prompts into visual content. This incredibly powerful tool leverages the capabilities of artificial intelligence and machine learning to produce distinctive artworks in response to a user’s written instructions. Midjourney has become a favorite…
In an environment too often populated with big egos, cliques, and reactionary drama, Andre Oshea is a much-needed dose of humility and thoughtfulness in the Web3 world. The 3D artist, animator, and musician has made a name for himself in the ecosystem through NFT drop partnerships with the Academy Awards, Netflix, and the Grammys. But…
The NFT space is changing, but not in the overt ways that those on the blockchain have become accustomed to. Instead of PFPs, open editions, and memecoins leading the charge into a new market phase, innovation is now happening by way of iteration at the token level. While expansion and evolution over time are a…
Welcome back to Now Runway, where we report to you from the frontlines of the digital fashion and luxury revolution. Earlier this week, we helped break the news of the collaboration between The Fabricant and Highsnobiety on our Twitter. We couldn’t be more excited to own our very first varsity jacket (digital or otherwise). Prada…
