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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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Former Employee of NFT Marketplace Faces Prison Time for Groundbreaking Digital Asset Insider Trading
Insider Scheme Revealed as Ex-Product Manager Exploits Inside Information on Featured NFTs TLDR: Nathanial Chastain, a former product manager at OpenSea, has been sentenced to three months in prison for conducting insider trading with non-fungible tokens (NFTs). Chastain used his position to gain advanced knowledge of NFTs scheduled for OpenSea’s […]
Open Edition Art NFTs are taking over
I have been closely following the rapid growth and evolution of the NFT market. One aspect of the NFT market that I find particularly exciting is the importance of open editions and the “burn” mechanic for NFTs. These concepts have the potential to revolutionize the way we think about art, […]
Wellness and support available in the metaverse
GM! LFG! WAGMI! – The acronyms representing the NFT space portray a feeling of inclusion and optimism. The truth is, it can be a grind. The draining feeling of missed projects, lost aloha and projects falling flat is the reality. While there are major success stories abundant in the space, […]