As Hester Peirce, one of the SEC’s own commissioners, puts it, trying to navigate today’s crypto regulations is like playing “Floor is Lava.” Floor is Lava! Let that sink in. The creators of that innovation playground, the same people responsible for maintaining a safe space for all, are waving red...
Hester Peirce's "Floor is Lava" analogy? This declaration is not merely a witty soundbite – it’s very true for developing musicians. Most of them are struggling to make their creative futures in the colorful, underappreciated crusts of South East Asia. The SEC’s regulatory fog isn’t just a theoretical legal discussion,...
I did an NFT workshop with Anya, one of the most advanced young digital artists I’ve met, originally from Phnom Penh. This meeting happened in early 2022. Her eyes shone with excitement. For her, NFTs were about so much more than jpegs. They were a passport to a global stage,...
Finance’s move into GameFi genius or dangerous bet against regulators? Are we seeing the first glimmers of real democratized finance, or are we constructing tropical beach homes upon a whirring legal milieu? Let's dive in.Gaming Our Way To Financial Freedom?Ov Finance is betting big on a different approach. They’re convinced...
The art world needs a shakeup. For far too long, gatekeepers have ruled the industry with an iron fist. Because of this, many brilliant artists, particularly from Southeast Asia, have had to fight for credit and their rightful pay. Ov Finance's foray into GameFi NFTs isn't just another tech trend....
Nike’s hit with a $5 million class action lawsuit over its RTFKT NFT platform shutdown. With investors justifiably furious, watching their hard-won digital assets go up in smoke. Is this simply buyer’s remorse in a rocky economy? Or does it only signal to us a far deeper truth about the...
I first encountered Anya in a crowded Chiang Mai night market last year. A young woman bent over a temporary work surface. Her large, colorful paintings of mythical Thai beings shimmered in the glow of the low-hanging, bare wooden chandelier with string lights. Anya had a hard time just getting...
Wall Street has been ecstatic over Web3, luring investors with the allure of disruptive innovation and sky-high profits. Are they actually equipped to handle the Wild West of digital assets? Nike’s newly settled NFT lawsuit may be what’s needed to bring the NFT industry back down to earth.Regulation's Shadow Looms...
The PENGU token is flying high on the progress charts! Its ascendance is fueled by the enthusiasm of World Penguin Day and the successful comeback of the Pudgy Penguins NFT Collection. Does a 300% surge in penguin-themed digital collectibles really signal the future of decentralized finance, or are we all...
From the fallout of Nike’s NFT debacle, ending up in lawsuit and RTFKT set to shut down soon, it’s a kick to the stomach. A $5 million gut punch, to be precise. While the legal wrangling focuses on consumer protection laws and "unregistered securities," the real casualty here might be...
