Tag: collectibles

Nike Sued Over "Worthless" NFTs as Market Plummets

Nike Sued Over "Worthless" NFTs as Market Plummets

• NFT Drops

The clothing behemoth is now embroiled in a lawsuit brought against it by angry NFT purchasers who allege that the brand’s digital tokens constitute unregistered securities. The lawsuit arrives at a time when the NFT market is facing a drastic collapse, with millions in digital assets plummeting in value. This...

Pudgy Penguins NFT Sales Surge Amid PENGU Token Rally

Pudgy Penguins NFT Sales Surge Amid PENGU Token Rally

• NFT Drops

The community-driven Pudgy Penguins non-fungible token (NFT) collection is on a big upswing, recently hitting a three-month 300% blast in sales volume. This rally has been picking up steam as we zoom toward World Penguin Day on April 25! In tandem, the associated PENGU token has seen a stellar surge...

NFT Sales Down, CryptoPunks Up 106%: What's Going On?

NFT Sales Down, CryptoPunks Up 106%: What's Going On?

• Facts

For many, the NFT market, once seen as an indomitable force of explosive growth and boundless potential, is now a shadow of that reality. As of this writing, recent figures indicate a precipitous drop in the total NFT sales volume. Conversely, the CryptoPunks collection is witnessing a stunning revival. This...

NFT Market Cools to $89.4 Million as CryptoPunks Buck the Trend

NFT Market Cools to $89.4 Million as CryptoPunks Buck the Trend

• NFT Drops

NFT sales have plummeted to one-sixth of the all-time peak at $89.4 million. Even in this recently cooled climate, CryptoPunks have proven themselves to hold a strong position. In fact, sales were up 106% on the year! This divergence is representative of the varied and complicated narrative developing in the...

NFT Sales Plunge, Punks Pump: Is This Web3's Canary in the Coal Mine?

NFT Sales Plunge, Punks Pump: Is This Web3's Canary in the Coal Mine?

• Commentary

Something feels off. Bitcoin is touching incredible new highs, and the entire crypto ecosystem is flourishing in this bullish environment. As NFT market songs, the chorus sounds quite different. Though overall sales are dropping, CryptoPunks – the pixelated godfathers of profile picture NFTs – appear to be moonwalking. Is this...

RTFKT's Vanishing NFTs: A $2800 Lesson in Web3's Broken Promises?

RTFKT's Vanishing NFTs: A $2800 Lesson in Web3's Broken Promises?

• Commentary

Well, your $2800 NFT just became a digital black hole. How does that make you feel? Angry? Defeated? Welcome to the club. RTFKT’s Clone X and Animus NFT images have recently disappeared, leaving just a spooky black screen. This deeply disturbing shift should send shockwaves to anyone who is interested...

NFT Art 101: Your No-Nonsense Guide to Digital Collectibles

NFT Art 101: Your No-Nonsense Guide to Digital Collectibles

• Facts

The world of Non-Fungible Tokens, or NFTs, can be an intimidating space filled with buzzwords and snakes. DeliciousNFT.com exists to slice through all that clatter and serve it to you straight—so get a taste. Our ultimate NFT art guide will take all the mystery out of NFT art. It provides...

Decoding NFTs A Guide to Understanding Non-Fungible Tokens

Decoding NFTs A Guide to Understanding Non-Fungible Tokens

• NFT Drops

Non-fungible tokens, or NFTs, have quickly taken the world by storm, revolutionizing the role digital art plays in the larger global economy. These one-of-a-kind digital assets denote ownership of everything from digital art to Twitter-bird-in-a-blender videos. Our NFT guide serves as a starting point to learn about NFTs and everything...

NFTs Buy a Nuclear Bunker? Inside the Meatbags Project!

NFTs Buy a Nuclear Bunker? Inside the Meatbags Project!

• Facts

The NFT space is constantly creating exciting new opportunities and this time it’s a collaborative project to bring that artists’ magic to the real world. Picture a group of NFT drama queens joining forces to purchase a Cold War era nuclear bunker. Sounds like a ridiculous plot line from a...

NFT Project Eyes Cold War Bunker for "Survival Resort"

NFT Project Eyes Cold War Bunker for "Survival Resort"

• NFT Drops

The Solana NFT project Meatbags, which features an apocalyptic theme, is raising money to buy a Cold War nuclear bunker in England. To finance the acquisition, the project zooms in on selling 100,000 virtual tokens. The sale will start April 21 and each token will sell for $14.Bunker Details and...

Japan's Bitcoin Revolution: A Boon for Artists and Web3 Creators?

Is Japan on the verge of accidentally unleashing a tsunami of creative destruction and financial liberation onto the rest of the emerging markets? I know this seems like a tall order, but hear me out. Japan’s regulatory change to officially recognize Bitcoin as a financial product. This step is a...

5 Ways This Crypto Bill Empowers Southeast Asian Artists, Not Wall Street

Let’s be honest, when you hear about crypto regulation, your first thought probably isn't Southeast Asian artists finding new avenues for creative expression. Surely visions of Wall Street honchos and inscrutable derivatives dance in your head. Well, what if I told you that the Senate’s Banking Committee just released their...

Crypto's 'Light-Touch' Regulation Gamble Will It Protect You?

The Senate Committee’s proposed “light-touch” regulatory framework for crypto is a long high-stakes poker game. Are we all truly holding a winning hand, or are we collectively bluffing our way into a future financial crisis? It’s a question every investor, every innovator, and frankly, every citizen should want to know....

Trump Jr. at KBW2025: Web3's Mainstream Moment?

Donald Trump Jr.’s scheduled keynote address at KBW2025 is raising eyebrows and inspiring intense discussion across the Web3 ecosystem. He’s just a high-profile guy shaking things up in the crypto world. His presence further exemplifies the increasing importance of blockchain technology and its potential to revolutionize the traditional economy. Does...

Trump Jr. at KBW2025: Web3's Punk Rock Moment or Sellout?

Or I think about Nandar, a wonderful Burmese artist that I met in Yangon, sharing with me her latest NFT collection. Each work exploded with vivid imagery, bravely fighting back against the junta’s repressive hold. She began selling them directly to supporters around the world, allowing her to cleverly sidestep...

KBW2025: Is Trump Jr. Web3's Trojan Horse or its Savior?

Donald Trump Jr. at Korea Blockchain Week? It's a head-scratcher, isn't it? About as easy as locating a MAGA hat at a Burning Man soirée. Before we put this down as just another short-lived publicity stunt, let’s take a closer look at what this could IoTally Web3 means. Cynical ploy...

Schiff's Crypto Ban: Is He Protecting Us or Silencing Innovation?

Senator Adam Schiff's proposed crypto ban, the COIN Act, aimed at preventing the President (read: Donald Trump) from dabbling in digital assets, raises a critical question: Is this genuine protection against corruption, or a veiled attempt to stifle innovation, especially for emerging markets? Let's be real, the optics are terrible....