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Hermès wins NFT suit against Metabirkins artist
French luxury brand Hermès has won a significant victory in a copyright infringement lawsuit against NFT artist Mason Rothschild. The case, which involved Rothschild’s MetaBirkins NFT collection, ended with Hermès being awarded $133,000 in damages. The verdict determined that Rothschild had profited from Hermès’ reputation by creating NFTs based on […]
TradFiLines NFT Project Overview
🔥 TLDR: TradFiLines are 500 NFTs that can only be traded during NYSE and Nasdaq trading hours is making a huge impact in the world of NFTs. With over 327 ETH in volume, 40% unique owners, and only 7% listed, the project is experiencing a high demand. The floor price […]
Ordinals are Bitcoin NFTs an Overview on Inscriptions
In February 2022, a proposal was sent to the Bitcoin dev mailing list to bring NFTs to the Bitcoin network. The idea is to assign each Satoshi (a unit of Bitcoin) an ordinal number, which would then be linked to extra information such as text, images, videos, and games. This […]
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NFTCulture Daily News 2/1/23
Canto NFTs popularity on the rise The popularity of Canto NFTs can be attributed to speculative buying by traders who hope to profit from the success of new blockchains. People are searching for “the CryptoPunks of Canto,” early NFT projects that may significantly increase in value. This trend has been […]
Get Ready for an Epic Fashion Statement: Gucci x Yuga Labs KodaPendant NFT and Physical Necklace
Attention all NFT collectors and Gucci enthusiasts! Get ready for an exciting collaboration that’s sure to rock the web3 world. Gucci and Yuga Labs have joined forces to unveil a limited edition KodaPendant NFT and physical necklace that’s set to take the market by storm. The KodaPendant is a one-of-a-kind […]
Polymarket and Prediction Markets: The Role of Betting in Election Forecasting
Election prediction markets like Polymarket have long been a unique way to gauge public sentiment, providing real-time insights based on people’s willingness to put their money where their predictions are. As we saw with the recent election, platforms like Polymarket were instrumental for many observers wanting a pulse on the […]