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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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Palm enters the NFT Space with funding from top Crypto Investors
Today, there’s another NF T ecosystem that has been announced. Palm is a token based ecosystem for NF T’s which is connected to Eth they promise low gas fees and fast transactions and 99% more efficiency than other proof of work systems. This is an interesting take. As more organizations […]
A Galactic Transaction: The $16 Million Headband-Adorned Cryptopunk
In an event that’s sending shockwaves through the digital art and cryptocurrency spheres alike, the Cryptopunk universe has just witnessed its second-highest sale ever. A unique, headband-wearing ‘Alien Punk’ from the famed Cryptopunk NFT series was sold for a staggering $16 million. This monumental transaction underscores the growing value and […]
MICHAEL JORDAN’S HEIR DROPS SOLANA NFTS
In December, Michael Jordan announced HEIR, a fan engagement platform on Solana. Launched with his son Jeffrey, Jordan’s company had raised $10 million in seed money, and has now dropped their first collection of NFTs The use-case is simple: connect fans with their beloved celebrity athletes, and reward them tokens, […]