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Latest NFT News
Speculation Swirls Around Yuga Labs Amidst a Trend of Layoffs in the NFT and Web3 Sphere
UPDATE: Layoffs Confirmed Yuga Labs recently underwent a restructuring phase as announced by its CEO, Daniel Alegre, aimed at realigning teams and projects with the company’s core objectives. The restructuring led to the elimination of several roles across the company. Upon joining six months ago, Alegre prioritized honing a clear […]
Deciphering the Pulse of the CryptoPunk Universe: Conversations and Controversies
Jack Butcher’s Take on CryptoPunks Jack Butcher, a digital artist and the founder of Visualize Value, took a deep dive into his journey with CryptoPunks during a recent event. He shared how he initially discovered the project through thought-provoking commentary on Twitter in March 2021. As he explored digital auction […]
OpenSea Studio: A Game-Changing Revolution in Democratizing NFT Creation
OpenSea, the world’s largest NFT marketplace, is not merely keeping up with the times; it’s shaping the future. The launch of OpenSea Studio is a pivotal moment in the NFT landscape, echoing the democratizing efforts of platforms like Manifold and ThirdWeb. This colossal update isn’t just about adding new features; […]
The Art of Absence: How Pak’s #404 NFT Explores the Concept of Loss
In a deeply contemplative move, digital artist Pak recently released an NFT artwork named #404. This NFT isn’t just an artistic statement on the theme of absence; it also serves as a tribute to the memory of Alotta Money, a figure deeply revered in the NFT community. Created in partnership […]
Carl Cox’s Virtual Odyssey: The Unveiling of Intermundium in Sensorium Galaxy
Setting the Stage for a Digital Revolution on October 27th Sensorium Corporation is thrilled to present a groundbreaking digital experience featuring none other than electronic music titan Carl Cox. Scheduled for an epic launch on Friday, October 27 at 7 p.m. GMT, this world premiere of a 30-minute digital extravaganza […]
Embrace Collective Imagination with MoMA Postcard: An Interactive Blockchain Adventure
In a captivating fusion of art and blockchain technology, the Museum of Modern Art (MoMA) introduces an avant-garde digital initiative, MoMA Postcard, launching this month. This initiative beckons every imaginative mind to dive into the realms of collective creativity and explore the burgeoning world of web3 technologies. MoMA Postcard isn’t […]
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NFT Holders Beware: IRS Issues First Formal Guidelines on Taxation, Here’s What You Need to Know
The U.S. Internal Revenue Service (IRS) has recently issued its first formal notice outlining the taxation of non-fungible tokens (NFTs). The notice indicates that NFTs, which can represent both collectible and non-collectible assets, will be subject to a maximum long-term capital gains tax rate of 28% if they are considered […]
NFTs and the Hype Cycle (March 2021 Edition)
Many people are wondering if Late February / Early March represents the peak of NFTs. In our quest to answer this question, we realized that NFTs very closely conform to the prototypical “Hype Cycle”. NFT enthusiasts in the market research / IT space are probably familiar with Gartner Research’s […]
The Complete Guide to Minting NFTs on opensea
Introduction: What are Non-Fungible Tokens (NFTs) and How Can You Get One? Non-fungible tokens, also known as NFTs, are game items in blockchain-based games or platforms that are unique and cannot be duplicated. NFTs are the next step in the evolution of digital assets. They bring together the best features […]