Nike’s recent foray into the world of NFTs has raised some eyebrows. This sudden discontinuation of RTFKT and the resulting lawsuit gives a more impression of a typical corporate cash grab instead of genuine innovation. To be honest, it kind of pisses me off – particularly in light of all...
Nike’s first jump into the metaverse through the RTFKT acquisition was a shoo-in. A billion dollars later, and all we get is a slam dunk into the regulatory black hole. The recent Clone X image outage, for example, resulted in the temporary disappearance of more than 19,000 NFT images. This...
This is the second of a multi-part series on Nandar by Cinthia M. Souza of Coffee and Cocktails Art Collective & Organization (CCACO). She taught local artists to mint their work as NFTs. This allowed them to avoid the heavy-handed censorship and erratic financial system that has haunted Myanmar for...
That perfectly chaotic and free digital Wild West that is Web3 is having something of a reckoning. Nike’s now deep in a class-action lawsuit over its RTFKT NFT collections, and frankly, it’s about damn time. Never mind the so-called “rug pull.” The true tale behind this case is what it...
London's buzzing. Our new Web3 accelerator program is about to ignite a second wave of blockchain innovation. It is backed by heavyweights including Fabric Ventures, Animoca Brands, Coinbase and FoundersFactory. Seed funding, mentorship, regulatory guidance – it all sounds a lot like the golden ticket for early-stage startups. But before...
FTX is suing NFT Star and Delysium. Big deal, right? Another day, another crypto drama. This could be something more. This isn't just about recovering assets for creditors. It's about a potential injection of capital that could reignite the Web3 fire in Southeast Asia. We're talking about empowering artists, developers,...
London's latest Web3 launchpad. Sounds fantastic, right? More funding, more mentorship, more... gatekeeping? While the headlines tout the UK's ambition to be a global blockchain hub, backed by names like Animoca Brands and Coinbase, I can't help but wonder: who really gets a seat at this table?The siren song of...
The FTX dumpster fire is still smoldering, and this time the blaze is being fanned towards NFT Star and Delysium. FTX, in its relentless pursuit to claw back assets, is suing these entities for failing to deliver tokens promised under SAFT agreements. Or is this only about recouping losses? Or...
427 registered crypto exchanges in Australia. Let that number sink in. It’s almost twice the amount of suburbs in their competitors Melbourne! Does that sound right to you? Does it feel right? So it sure doesn’t compute for me. Even as someone who has lived, eaten and breathed in the...
AUSTRAC’s strong approach is much needed, to protect and improve the DCE landscape in Australia. They’re encouraging non-operational exchanges to deregister voluntarily, or else be deregistered through cancellations. 427 registered exchanges? Yikes, now that does sound like a fertile environment for nefarious deed. And nobody wants their hard earned money...
