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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 […]
Konami Releasing First Castlevania NFT’s
Konami, the brand behind the famous games of our childhood is releasing Castlevania NFT’s to commemorate the 35th anniversary of the famous franchise. Starting January 12th, select NFTs will be released as auctions on the OpenSea platform. 14 NFTs will be released featuring various scenes from the the original games […]
Apple adds disappointing clarity to their NFT strategy
TLDR: Apple doesnt yet understand the value of digital ownership. Apple has clarified their stance on web3 and it could be catastrophic for one industry in particular, GameFi or web3 gaming. The myopic view from Apple maintains their 30% fees for in app purchases but also implied that NFTs cannot […]