On April 24th, the NFT community was rocked by a sudden tidal wave, as RTFKT’s CloneX NFTs appeared to have disappeared. Users quickly found themselves unable to view the images connected to their precious digital goods. The culprit? A Cloudflare account downgrade that revealed just how bad the centralized NFT...
We all saw it: the dreaded black screen. Your prized CloneX NFT may have been a status symbol of your digital life. Now, it’s being overshadowed by a pretty shocking warning about Cloudflare’s Terms of Service. It wasn’t a hack or a rug pull or even an especially glamorous crypto...
I’ll never forget the first time that we met Nandar in Yangon in 2021. Her lips curled into a smile as she buzzed with excitement explaining her vision. NFTs would democratize the art world in Myanmar, allowing artists to market directly to collectors around the world, without established gallery gatekeepers....
Or, I think back with great enthusiasm to last year, when we interviewed a young, amazingly talented digital artist from Malaysia. So imagine that she had been super excited about NFTs. Finally, she discovered a means of escaping the art world gatekeepers and reaching right past them, directly to collectors....
The CloneX incident – where digital art linked to valuable NFTs briefly vanished, replaced by a stark error message – isn't just a tech snafu. It's a flashing red light screaming: "We need NFT regulation, now."Centralization Kills Decentralization Dream?Think about how you would purchase a home. Then poof – the...
The NFT space soon learned that relying on decentralized storage solutions must come with caveats. Last week, pictures associated with the widely held CloneX NFT hoard and other Ethereum NFTs from RTFKT simply disappeared. Instead of the digital art they assumed they would receive, they were greeted with an all-black...
