The fundraise comes after a leadership change that led to an increased focus on utilizing the intellectual property. Non-fungible token (NFT) collection Pudgy Penguins has announced the completion of its $9 million seed funding round led by 1kx. The company plans to use the new capital to...
The creators of Women and Weapons and Chimpers share their respective journeys from family to prominent NFT founders in Web3. The notion of separating work and personal life has long been ingrained in traditional business culture. Never mix business with pleasure, claims the old adage....
The product plugs into the Unreal Engine, a 3D software tool helping creators build out generative art NFT collections. Palm Generative Art Maker (Palm NFT Studio) Non-fungible token (NFT) creative network Palm NFT Studio is rolling out thePalm Generative Art Maker, a...
(Igor Ovsyannykoy/Pixabay) U.S. sports publication Sports Illustrated is launching a non-fungible token (NFT) ticketing platform built on thePolygon network, an Ethereum scaling tool. Sports Illustrated's ticketing marketplace SI Tickets has developed "Box Office"...
Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline...
Romania’s informatics institute is set to launch an institutional NFT trading platform, using Web3 to create a link between the public and private sectors. Romania’s National Institute for Research and Development in Informatics (ICI Bucharest) aims to drive Web3 adoption in the...
Crypto company Yuga Labs has won its claims of trademark infringement against artist Ryder Ripps who copied their NFTs in what he called a protest of their racially offensive imagery. Ripps and his legal team raised issues of celebrity endorsements, art, the First Amendment and what crypto...
Use of BAYC trademarks by Ripps’ RR/BAYC was intended to confuse consumers, a U.S. judge in California has ruled Bored Ape Yacht Club NFT image (Yuga Labs, Modified by CoinDesk)) A U.S. court in California has handed Yuga Labs, the company behind the popular Bored Ape...
The Madlads NFT is meant to be the first in a novel spin on digital collectibles from Armani Ferrante and Tristan Yver, two well-known figures in the Solana ecosystem. Armani Ferrante with tech support at Breakpoint 2023 (Danny Nelson/CoinDesk) One of the hottest NFT...
Despite his recent indictment, Donald Trump isn’t slowing down with his Web3 ambitions. The former U.S. president announced Tuesday the release of a "Series 2" of hisNFTcollection Trump Digital Trading Cards. Trump shared the news on his social networkTruth Social, telling followers that...
While the market for NFTs has cooled from the frenzy that marked 2021, the digital assets are still generating billions of dollars in trading volume in 2023. (Beeple) The hype over non-fungible tokens (NFTs) that overtook news cycles and crypto markets in 2021 has died down....
NFT.NYC – ayearly crypto confabwhich even last year had displayed the decadence of a sector worth trillions – took a decidedly downmarket turn this week. Since its inaugural run in 2019, purveyors of so-called NFTs, or non-fungible tokens, have spent millions on splashy events. They have...
Now that the crypto asset sector has weathered the hype, higher-quality projects are likely to continue developing, Jeff Garzik says. The hype once driving the popularity of non-fungible tokens (NFT) may have finally settled, said Jeff Garzik, a former Bitcoin core developer...
The negative publicity around NFTs and crypto have galvanized some to drop the word altogether from their marketing efforts. In April, the British rock band The Rolling Stones will unveil 40 photos linked to NFTs, or non-fungible tokens. These will largely focus on “historical moments captured...