The Alpha: In a significant push toward the integration of blockchain technology into the realm of global sports events, Platinium Group, a primary ticket provider for Formula 1, is set to usher in a novel age of ticketing. The Monaco Grand Prix, held May 26-May 28, will serve as the launchpad for issuing NFT race…
Welcome back to Now Runway, where we report to you from the frontlines of the digital fashion and luxury revolution. If you thought either space was quieting down as we amp up our summer travel plans, we have big news for you. DotSwoosh, Nike’s latest Web3 activation, officially launched Our Force 1 virtual boxes. In…
Blur quickly gained recognition in the NFT sector, and its lending protocol, Blend, seems to be following suit. Blend’s popularity has skyrocketed since its launch in May, eclipsing its competitors and also dramatically increasing the overall volume of NFT loans. According to data from DappRadar, Blend secured 169,900 ETH ($308 million) in trading volume in…
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…
