16/09/2024 Coinbase-Led Advocacy Group Launches Legal Defense Fund for NFT Projects

Coinbase-Led Advocacy Group Launches Legal Defense Fund for NFT Projects

A digital assets advocacy group backed by Coinbase is launching a multimillion-dollar legal defense fund for non-fungible token (NFT) projects.

In a new thread on the social media platform X, Stand With Cryptosaysit’s starting an NFT defense fund with investment firm Andreessen Horowitz (a16z) and NFT marketplace OpenSea to assist artists against “misguided” enforcement actions.

“Today, we raise our shield to protect a foundational part of the crypto community. Alongside OpenSea and A16z Crypto, we are launching a $6 million legal defense fund for NFT creators. Creatives can now stand up to misguided actions from the SEC.”

On its officialwebsite, Stand With Crypto says that the fund aims to legally defend creators against “public policy failures and bad-faith attacks on those looking to build on blockchain technology.”

“This partnership is about defending artists and creators who seek to harness the power of blockchain technology while galvanizing the crypto community to advocate for our collective rights…

Artists, creators, and builders who have been contacted by the SEC or who are concerned about potential litigation due to their use of blockchain technology can apply for representation.”

Coinbaselaunched the Stand With Crypto advocacy group in August 2023 to help the digital assets industry focus on directly engaging with lawmakers and the legislative process to ensure the future of crypto in the US.

Arts

https://dailyhodl.com/2024/09/15/coinbase-led-advocacy-group-launches-legal-defense-fund-for-nft-projects/amp/

Interesting NFTs
Like a Human 1 #3/3
Creative Challenge - 0xCert Collaboration
Crypto Toy Coin
This piece represents the creation of a new "Visual Toy", a term created by me to encompass my unique and exclusive GIF-Arts. The latter, "Crypto Toy Coin" is the only and first in the cryptocurrency theme. In it I represent the fast-paced world of finance in the virtual environment, the Internet with its universe of colors and infinite visual impact, an optimistic and exciting future, a world of possibilities that opens before us. These "Visual Toys" invite you to imagine, that is their function, that is the game. The ultimate goal is that you imagine, that it is you who gives it meaning. There are no good or bad answers, just the projection of each one. I've only created the trigger, the piece where you can project your imagination and let it fly.
#57512
By OthersideDeployer
Fidenza #6
Fidenza is by far my most versatile algorithm to date. Although the program stays focused on structured curves and blocks, the varieties of scale, organization, texture, and color usage it can employ create a wide array of generative possibilities. Additional project feature(s) => Scale:Jumbo, Turbulence:Med, Colors:Party Time, Have Margin:No, Spiral:No, Soft Shapes:No, Super Blocks:No, Collision Check:No Overlap, Outlined:No, Shape Angles:Curved, Density:High
Fuku-Shiva
The term “Fuku” refers to fortune or good luck. “Shiva” refers to the Hindu deity who represents strongly polar qualities, both severe and delicate. On a beach inspired by adventures on Phi Phi island in Thailand, three youths cavort. Two are representational figures and the third is psychologically rendered. A dynamic relationship ensues between the triad; a reciprocity of active and passive states. The boy on the right engages in maneuvers of evasion, defense, and is dressed in a speedo which reiterates the colors and symbolism of the caution tape on the left and upper right frame of the composition. In concurrent reaction the psychedelic figure shoots out a rocket powered paper airplane. The nude boy seated in the froth and sand approaches in passive repose, and is met with active attention but equal physical reserve by the psychedelic being. Perhaps the most naked figure is also the least representational. Looming large, dynamic, and active, it engages its companions playfully. Various symbols interject into the otherwise naturalistic scene, most notably a beach ball and two contaminated barrels nested in the sand. The upright barrel reads “FukuShima” in Kanji. The barrel laying down reads “Dharma”. To the left the scene is bounded by caution tape, reiterating the danger of the nuclear waste while also hosting alien archetypes, whose presence, as is the nature of these entities, runs up and just behind the consciousness of the psychedelic figure’s eggshell-like skull.