Tag: metaverse

Nike's NFT Fiasco: A Betrayal of the Web3 Promise?

Nike's NFT Fiasco: A Betrayal of the Web3 Promise?

• Commentary

Nike’s recent foray into the world of NFTs has raised some eyebrows. This sudden discontinuation of RTFKT and the resulting lawsuit gives a more impression of a typical corporate cash grab instead of genuine innovation. To be honest, it kind of pisses me off – particularly in light of all...

NFT Winter Claims Casualties Nike Faces Lawsuit After RTFKT Shutdown

NFT Winter Claims Casualties Nike Faces Lawsuit After RTFKT Shutdown

• NFT Drops

With the NFT market’s spectacular bust now leaving big brands that happily jumped feet first into the technology nursing bruised egos and deeper financial wounds. Nike has quickly become one of the biggest names in NFT space. Now it’s fighting a class-action lawsuit after announcing plans to close RTFKT, one...

MagicBlock's Millions: Is This Web3 Gaming's Inflection Point?

MagicBlock's Millions: Is This Web3 Gaming's Inflection Point?

• Commentary

$7.5 million. That’s the haul MagicBlock, a Solana-based real-time multiplayer game engine, just raised. Lightspeed Faction was first to commit, followed by Maven11 and Delphi Digital quickly joining the fray. It definitely sounds sexy, doesn't it? So before we get too pumped for Web3, pump the brakes a little bit....

Bruce Lee in the Metaverse? Here's Why It's a Win for SEA Creators

Bruce Lee in the Metaverse? Here's Why It's a Win for SEA Creators

• Commentary

The metaverse, often thought of as a Western aspirational, has gotten very interesting. For Southeast Asia today, it’s become increasingly more applicable. The Sandbox's partnership with Bruce Lee Enterprises isn't just a licensing deal. It's a cultural bridge, a potential economic boom, and a powerful signal that the digital future...

Sandbox's Bruce Lee Deal: Innovation or Just Another Metaverse Cash Grab?

Sandbox's Bruce Lee Deal: Innovation or Just Another Metaverse Cash Grab?

• Commentary

The Sandbox’s most recent scoop – entering a partnership with Bruce Lee Enterprises – has got the industry buzzing. Nostalgia is a hell of a drug, and Bruce Lee is some strong shit. Is this a genuine step towards building a more open metaverse? Or are they simply putting a...

NFT Winter Is Over? One Founder's Bold Claim Challenges Web3 Skeptics

NFT Winter Is Over? One Founder's Bold Claim Challenges Web3 Skeptics

• Commentary

Alexander Salnikov, co-founder of Rarible, is making waves with a bold claim: the NFT winter is thawing. Headlines overshadow the downturn with decreased trading volumes. Economic headlines trumpet the phenomenon of ‘failed NFT projects’. Salnikov insists adamantly that what we’re witnessing is a transition, not a collapse. A greater emphasis...

Polygon's NFT Surge: A Glimpse Into Web3's Real-World Future?

Polygon's NFT Surge: A Glimpse Into Web3's Real-World Future?

• Commentary

Okay, let's talk about Polygon. And even better, what Polygon’s new NFT colonialism is good for. We've all seen the headlines: Polygon overtook Ethereum in weekly NFT sales. Big deal, right? Another crypto flash in the pan? Maybe. I would argue that this indicates a deeper truth. It also signals...

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...

Futurum Gaming Launches "Race to Infinity," Genesis NFT Mint, and Announces FTRM Token

Futurum Gaming Launches "Race to Infinity," Genesis NFT Mint, and Announces FTRM Token

• NFT Drops

Futurum Gaming is proud to announce the official launch of its debut Web3 game, Race to Infinity. In addition to this thrilling launch, they’ve recently minted their Genesis NFT collection and launched the FTRM token. Their new platform seeks to raise the bar, creating deeply immersive and engaging gameplay that...

My Neighbor Alice Grants Powering Southeast Asia's Web3 Creative Revolution

My Neighbor Alice Grants Powering Southeast Asia's Web3 Creative Revolution

• Commentary

The My Neighbor Alice grants program, “The Alice Collective,” is not another Web3 cashgrab. This is potentially a huge game changer. It directs strategic support into the dynamic but under-recognised cultural milieu of Southeast Asia. This is the region that’s bursting with artistic talent and cultural richness. Its potential too...

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 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....

Immutable's Gamble: Will Gas-Free Trading Save Web3 Gaming?

Yet the hype around Web3 gaming is real, offering gamers true digital ownership and player-driven economies. Let’s get real: that promise usually meets a very different fate. High gas fees and a clunky user experience can quickly derail those intentions. Immutable is taking a big bet with its zkEVM and...