Tag: cryptocurrency

NFT Hangover: Why Nike & Others Are Retreating (And What's Next)

NFT Hangover: Why Nike & Others Are Retreating (And What's Next)

• Facts

The NFT landscape is quickly changing, and some of those headlines aren’t written in jubilation. Once buzzing with hype and high valuations, the market has cooled, causing a number of the biggest brands to reconsider their approach. DeliciousNFT.com deep dives into the legal complexities of the case. We tell you...

Seven Deadly Sins NFTs: Genius or Just Another Cash Grab?

Seven Deadly Sins NFTs: Genius or Just Another Cash Grab?

• Commentary

Our anime-inspired YOAKE NFT drop returns for round two on OpenSea! This super cool new release, which includes “The Seven Deadly Sins,” now gallops along on Sony’s Soneium blockchain. The first time, they sold 16,528 pieces. Now, they’re teasing even more of these digital personnages, each selling for a sweet...

YOAKE Drops New Seven Deadly Sins NFTs: What You Need to Know

YOAKE Drops New Seven Deadly Sins NFTs: What You Need to Know

• Facts

YOAKE is making waves in the NFT space with its latest drop featuring characters from "The Seven Deadly Sins: Cursed by Light." This anime NFT collection marks a huge step for officially licensed anime collectibles onboarding to the blockchain. Fans can interact with their favorite content like never before in...

Zed Run's Successor, Zed Champions, to Launch on Coinbase's Base Network

Zed Run's Successor, Zed Champions, to Launch on Coinbase's Base Network

• NFT Drops

In addition, Virtually Human Studios is planning to release Zed Champions, a digital horse racing game, on Base. Base is the new Ethereum layer-2 network launched by Coinbase. Zed Champions is the latest evolution of Virtually Human Studios’ platform and the successor of Zed Run. Zed Run was a popular...

Nike's NFT Mess: The Regulatory Wake-Up Call Web3 Needs

Nike's NFT Mess: The Regulatory Wake-Up Call Web3 Needs

• Commentary

Nike’s NFT adventure, previously praised as a daring step into the metaverse, is now stuck in a legal quagmire. And frankly, it's about damn time. The class-action lawsuit alleging unregistered securities offerings through RTFKT NFTs isn't just about those specific digital shoes; it's a glaring spotlight on the regulatory vacuum...

Web3 PR: How Indian Agencies Are Rewriting the Rules

Web3 PR: How Indian Agencies Are Rewriting the Rules

• Facts

With 115 Web3 unicorns and over 7,000 startups, India has quickly established itself as a key player on the global Web3 stage. The country has one of the world’s largest reservoirs of tech talent. As more companies look to tap into the potential of blockchain technology, they will be met...

Navigating DeFi Regulation Striking Balance Between Innovation and Governance

Navigating DeFi Regulation Striking Balance Between Innovation and Governance

• Web3 Projects

Moving forward, decentralized finance (DeFi) will need a much more differentiated regulatory approach. For these and other DeFi projects, a universal regulatory approach is not only impractical but ineffective. The Web3 ecosystem deserves well-defined guardrails that continue to allow for innovation and advances in building technology while protecting users. Uncertainty...

DeFi's Wild West Days Are Over: Smart Rules Save Web3

DeFi's Wild West Days Are Over: Smart Rules Save Web3

• Commentary

Remember the gold rush? Chaos, scams, and a few lucky winners. That's been DeFi for too long. The utopian ideal of a wholly unregulated online Wild West is a perilous delusion. Then it’s really time to trade our six-shooters in for smart contracts and smart regulations.Innovation Needs Guardrails, Not AnarchyWe've...

Nike Sued: RTFKT NFT Holders Claim $5M Loss. What Happened?

Nike Sued: RTFKT NFT Holders Claim $5M Loss. What Happened?

• Facts

Nike faces a class-action lawsuit of its own in federal court in Brooklyn. The company is accused of carrying out a “rugpull” when it suddenly terminated the RTFKT platform. Investors are sounding the alarm on “substantial harm.” They are seeking $5 million in damages for the harm they suffered when...

Nike Faces $5M Lawsuit Following RTFKT NFT Unit Shutdown

Nike Faces $5M Lawsuit Following RTFKT NFT Unit Shutdown

• NFT Drops

Nike is still in the middle of a $5 million class action lawsuit. This comes on the heels of their decision to close the NFT subsidiary, RTFKT, at the end of December 2024. Australian Jagdeep Cheema is at the head of the class action. He alleges that the shutdown caused...

DeGods Founder Steps Down! What's Next for the NFT Project?

So DeGods NFT project is at a really interesting inflection point. DeGoogled now Immutable CEO Rohun Vora, better known by his pseudonym DeGods, has resigned as CEO after three years running the ship. Leadership is changing. Reinforcing that trend, DeGods NFT sales are blasting off, particularly on Ethereum. This shift...

DeGods' Drama Signals NFT Market's Maturation Or Just Another Exit Scam?

Frank's out. Rohun Vora, the figure who became the face of DeGods, is leaving his role. After three years, he’s passing the reins over to 0x_chill and Pastagotsauce. Fine. People move on. The timing reeks. On that fourth front, Solana sales have increased 101%. At the same time, Ethereum sales...

DeGods' Frank Out! Can New Leadership Revive the NFT Project?

Frank DeGods, the face and CEO of the DeGods NFT project, has stepped down after three years at the helm. His departure presents a turning point for the highly criticized project. While DOT’s fate hangs in the balance, could this agency be revitalized by new leadership? This comes after a...

DeGods' Frank Exit: A Warning Sign for Web3's 'Cult of Personality'?

Frank DeGods is out. Poof. And just like that, one of the most iconic characters of the NFT space has departed. While some are celebrating fresh blood and a new direction for DeGods, I can't help but see this as a flashing neon sign screaming about a problem festering within...

Frank DeGods Departs as DeGods CEO, Paving Way for New Leadership

Frank, best known in the Web3 ecosystem as Frank Vora—the name he uses on X, formerly Twitter—has officially resigned as CEO in order to focus on building…whatever comes next. He was integral to the success of the DeGods NFT project. Co-founded by Frank in 2021, DeGods has been a fascinating...

DeGods' Founder Quits: Is This the End of NFT Hype or a Smart Pivot?

Frank DeGods is out. After three years at the helm of DeGods, Rohun Vora has stepped down, leaving many in the NFT space scratching their heads. 0x_chill and Pastagotsauce are both really at the helm—that’s a part of what has made these communities powerful. Sales are booming on both Solana...

DeGods Founder Frank DeGods Steps Down Amidst Sales Surge

Frank DeGods, the founder of the famous Solana-based NFT collection DeGods, has just dropped a huge bomb. After three short yet impactful years, he is now leaving his post as CEO. Under these circumstances, the leadership change couldn’t come at a better moment. Soaring sales on both the DeGods NFTs’...

SEC's Crypto Overhaul: Will It Unleash Southeast Asia's Web3 Potential?

Paul Atkins' call for a crypto policy overhaul at the SEC isn't just about Wall Street. It's about the forgotten voices of Southeast Asia. While the US debates becoming the "crypto capital," a vibrant Web3 revolution is already brewing in the region, and the SEC's actions could either fuel its...