Tag: cautionarytale

Doodles' DOOD Debacle: A Cautionary Tale of Hype Over Utility

Doodles' DOOD Debacle: A Cautionary Tale of Hype Over Utility

What a mess. In fact, a $100 million market cap vanished more quickly than you can say “rug pull.” And so the Doodles NFT values plummeted right with it. The initial hype was deafening. Now? Only the deafening silence of disappointment and a vivid cautionary tale for the whole of...

CloneX's Fade to Black A Cautionary Tale of Web3 Promises

CloneX's Fade to Black A Cautionary Tale of Web3 Promises

CloneX is an unprecedented hybrid born from the creative collision of NFT studio RTFKT Studios and the iconic Japanese artist Takashi Murakami. That took the NFT world by storm, making it $81.3 million in primary sales and another $37.8 million in royalties from secondary markets. The project features a very...