Tag: cryptocurrency

DEX Domination: Why Web3 Projects Can't Escape Decentralized Exchanges

DEX Domination: Why Web3 Projects Can't Escape Decentralized Exchanges

• Facts

Decentralized exchanges (DEXs) have significantly changed the mechanism of Web3 project launches from trading platforms to complete launchpads. These platforms establish a global, decentralized, permissionless, and transparent environment. These programs supercharge worthy new initiatives, helping them gain momentum, attract financing, and foster inclusive communities. This article explores the historical evolution...

Web3's RWA Wild West: 3 Tribes, 1 Question—Are You Building or Burning?

Web3's RWA Wild West: 3 Tribes, 1 Question—Are You Building or Burning?

• Commentary

We’re not just on the cusp of a Web3 RWA revolution, we might be witnessing a slow-motion train wreck. The promise? Connecting the old world of assets to the new decentralized one. The reality on the ground is messy—particularly in emerging markets such as Southeast Asia. On this front, the...

DEX Dreams vs. Reality: 3 Reasons Web3 Can't Escape Centralization

DEX Dreams vs. Reality: 3 Reasons Web3 Can't Escape Centralization

• Commentary

The promise of decentralized exchanges (DEXs) is intoxicating: a financial system free from the control of banks and governments, where anyone can trade anything, anytime. From the rugged UI of Ether Delta to majestic AMMs such as Uniswap and much more, we have experienced their rapid expansion and evolution. They’re...

Web3's DEX Dilemma: Why True Decentralization Still Eludes Us

Web3's DEX Dilemma: Why True Decentralization Still Eludes Us

• Commentary

We're constantly told that Web3 is the future, a utopian landscape of decentralized finance (DeFi) where power rests with the people, not the gatekeepers. Decentralized Exchanges (DEXs) are reputedly the bedrock of this revolution, offering unrestricted access to trading and liquidity. Let’s be frank—is this the case for everyone?Centralization Masquerading...

Nike's NFT Fiasco: Betrayal or Growing Pains for Web3?

Nike's NFT Fiasco: Betrayal or Growing Pains for Web3?

• Commentary

Nike, formerly the poster child for athletic excellence and breakthrough innovation, has met its moment. The new digital world comes with its challenges that the company must face head on. A proposed class-action lawsuit, spearheaded by an Australian resident, Jagdeep Cheema, seeks over $5 million in damages, alleging that Nike...

Nike Faces $5 Million Lawsuit Over NFT Offerings

Nike Faces $5 Million Lawsuit Over NFT Offerings

• NFT Drops

Nike’s upcoming lawsuit, which is centered around its non-fungible tokens (NFTs), could see plaintiffs in the case demand damages of more than $5 million. The complaint brings claims for violation of consumer protection laws in every state that loans were made to. The central dispute is around the claim that...

Nike NFT Lawsuit: $5M Claim & What it Means for Your Digital Assets

Nike NFT Lawsuit: $5M Claim & What it Means for Your Digital Assets

• Facts

Nike, the sportswear behemoth, is still battling a lawsuit related to its RTFKT subsidiary. This company, wholly-owned by the NFL, exists to create, buy, sell, and trade digital collectibles and NFTs. The case originally focused on claims that Nike abruptly terminated its collaboration with RTFKT. This sudden policy shift resulted...

Kenya's Crypto Law: A Global Model or Regulatory Overreach?

Kenya's Crypto Law: A Global Model or Regulatory Overreach?

• Commentary

Kenya's new Virtual Asset Service Providers (VASP) Bill is here, and the question isn’t just about Kenya. It's about the future of crypto innovation across the globe. Are we getting a once-in-a-generation framework? Or is this yet another example of regulatory overreach that could strangle the industry it’s supposed to...

Noves Partners with Mint Blockchain to Streamline NFT Accessibility

Noves Partners with Mint Blockchain to Streamline NFT Accessibility

• NFT Drops

Noves and Mint Blockchain recently unveiled a partnership that seeks to make Non-Fungible Token (NFT) transfers more accessible and user-friendly. As a team, these three partners are seeking to demystify the NFT landscape. In doing so, it empowers users to manage and transfer their digital assets seamlessly, freely and privately...

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...

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...