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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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Vaynerchuk’s NFT art sells at Christie’s for more than $1.26 million
The Christie’s auction in New York just ended and Gary’s art just sold for $1,262,500. Here below is a breakdown of what each art went: Empathetic Elephant from VeeFriends $412,500 Gratitude Gorilla from VeeFriends $250,000 “Diamond Hands” Hen from VeeFriends $162,500 “You’re Gonna Die” Fly from VeeFriends $200,000 Tremendous Tiger from VeeFriends $237,500 Gary entrusted Christie’s with […]
The Summoning has arrived: Too Much Yuga?
The highly anticipated next major event in the Trial of Jimmy the Monkey, titled The Summoning, is finally arriving approximately two months after Sewer Passes were initially claimed. The exact usage of Power Sources remains uncertain, but Sewer Pass holders are excited to progress to the next phase of the […]
Yuga Labs Welcomes Calder Moore: A Move Embracing Art and Technology
TLDR: Web3 Artist Calder Moore has joined Yuga Labs as their Lead Concept Artist, transitioning from freelance to full-time. Moore’s decision highlights the NFT world’s potential in offering stable employment avenues for artists, emphasizing the blend of art and tech. Yuga Labs’ trajectory in the NFT space has seen exponential […]