NFT marketplaces Magic Eden and Nifty Gateway are leveling up. Both platforms recently announced new reward systems to incentivize trading activities and enhance the overall user experience. With Nifty Gateway introducing its Collector Appreciation Month and Magic Eden launching its Chapter II program, these platforms are leveraging incentives to attract and retain users in an…
Shaquille O’Neal, the basketball legend turned TV analyst, is now embroiled in two separate lawsuits related to the cryptocurrency sector. These legal cases came to light in a dramatic fashion on Tuesday, May 23, during a live NBA broadcast. O’Neal, a ubiquitous presence in the broader digital assets industry, was handed legal documents concerning his…
As AI art tools continue redefining how we think about creativity, expression, and human interaction with technology, an increasing number of artists are putting their process on display, helping educate millions worldwide on how to best take advantage of the democratization of these new creative resources. MakersPlace is taking this trend one step further. The…
Art Blocks is currently witnessing a remarkable revival, demonstrated by transaction volumes that we haven’t observed regularly since the onset of the bear market. During a May 23 Proof Daily Countdown episode, NFTStatistics shared that Art Blocks achieved over $1 million in trading volume on May 22. This marks the first time it’s seen these…
Creator royalties have become a major point of contention in the NFT space. This shouldn’t be news to anyone who claims Web3 as their stomping ground. But what should be surprising is that the debate surrounding the necessity of royalties has failed to make any truly significant progress since its inception. Sure, most of the…
With the noise of memecoin season dying down, the NFT space is turning its eye back to the thing that makes up the heart and soul of the community: art. For those looking to dive back into the cultural side of Web3 (or just interested in checking out one of the most community-based NFT projects…
Today, May 24, the prominent global network of art galleries, Gagosian, has announced an innovative new exhibition in collaboration with critically acclaimed multimedia artist Takashi Murakami. Entitled Understanding the New Cognitive Domain, the exhibition will open on June 10 at the gallery in Le Bourget, France, and focus on Murakami’s monumental paintings while paying homage…
In a strategic move that could signal significant implications for the metaverse, Vertex Labs, the UK-based Web3 and AI infrastructure company, has announced its acquisition of Digimental Studio, the creative force behind the 3D NFT fashion brand Hape, for $12 million. The acquisition is expected to strengthen Vertex Labs’ standing as a provider of Web3…
On May 24, Art Blocks will release its latest collaboration, a unique, multi-stage NFT project with the Lumen Prize-winning artist duo Operator. The project, titled Human Unreadable, is a 400-piece avant-garde exploration of art, choreography, and technology. It forms the latest addition to Operator’s critically acclaimed Privacy Collection, which explores themes of transparency and privacy…
