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In a moment that marks the end of an extraordinary era, SnowFro, also known as Erick, is about to make history by minting the final (almost) batch of Chromie Squiggles. The air is electric with anticipation as SnowFro, an influential figure in the NFT space, prepares for this significant event. […]
In the dynamic realm of NFTs, a revolutionary concept has been gaining substantial traction—redeemable NFTs. These unique tokens have quickly found their place in fashion, gaming, PFPs, and other domains, offering creators a means to fuse art with utility and experiences. However, their journey so far has been hindered by […]
YugaLabs’ recent acquisition of talent has set the NFT and blockchain communities abuzz, and rightly so. The new Vice President, Michael Ghory, boasts a resume that reads like a who’s who of the retail world. Former stints at athletic juggernauts Nike and Adidas, and the luxury brand Coach, only scratch […]
Pudgy Penguins, a name that rings familiar for many in the NFT space, has recently launched a brand extension: Igloo. Diving deeper into the world of mainstream fashion, Pudgy Penguins are not only tapping into the NFT universe but also branching out to cater to a wider clothing audience. The […]
TL;DR: while many PFP projects have lost steam, the NFT art scene is proving its resilience. The recent surge in high-value art sales, including “I Found You” by @cathsimard_, “Dreams of Dalol” Skulls of Luci” by @SamSpratt, “Solver” by @thisjackkaido, and “Tennis” by @artoflucaboni, underlines the importance of artists’ dedication […]
The SEC’s Stance on NFTs: A Deep Dive into the Impact Theory Case In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has moved to crack down on what it perceives as irregularities in the crypto space. The target? Impact Theory, LLC, an LA-based media and entertainment entity, […]
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 […]
1. Anon Team In our original NFT Bill of Rights we warned about anonymous artists and have extended that to include Anon or “undoxxed” teams. Sometimes a part or portion of the team may be doxxed for a myriad of reasons, but at least 50% of the team should be […]
The “Junk Drawer” collection on Foundation, expertly curated by SuperchiefGalleryNFT, is a dazzling foray into the world of collage art within the NFT realm. Presenting a curated array of 59 works by various artists, including notable names like Michelle Thompson, miirror, Oak, and Nicola Villa, this collection is a vivid […]