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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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NFT Culture Daily Drops – 3/1/22
💎💎💎NFT Culture Links 💎💎💎 A lot more drops today that passed the threshold than usual these days. All Times CST unless otherwise noted. With this drop and all drops, we recommend doing your own due diligence. These projects passed the formulaic threshold to achieve likely momentum but with all projects […]
Animoca Brands raises US$358,888,888 at US$5B valuation to grow the open metaverse
Melbourne, Australia, 18 January 2022 — Animoca Brands, the company driving digital property rights via NFTs and gaming to build the open metaverse, today announced that it has completed a capital raise of US$358,888,888 (approximately A$500.3 million) at a pre-money valuation of US$5 billion. The round was led by Liberty […]
NFTs: Now on eBay!
What do you do when you buy a cool new piece in a drop off a NFT platform, only to realize that the platform is brand new and doesn’t even support secondary transactions? Well, today, May 11, 2021, eBay officially announced that they are expanding into NFTs. So, their answer […]