Tag: digitalart

OpenSea's Triumph: Why Pragmatism, Not Hype, Will Save the NFT Market

OpenSea's Triumph: Why Pragmatism, Not Hype, Will Save the NFT Market

Put aside the Lambo fantasies and the Bored Ape hustle. Plus, the NFT market was long overdue for a reality check and it’s looking like OpenSea is providing that as well. While others chased fleeting trends and unsustainable valuations, OpenSea quietly focused on building a platform, not just a marketplace...

CloneX Debacle: A Wake-Up Call for Responsible NFT Infrastructure

CloneX Debacle: A Wake-Up Call for Responsible NFT Infrastructure

The CloneX incident – art disappearing as a result of a Cloudflare terms of service infringement – was not an isolated occurrence. It’s a very loud and very bright neon sign blinking directly at all the very real cracks in the foundation of our NFT infrastructure. Let's be blunt: it...

Mahomes' Museum: Is This NFT Drop a Touchdown for Fans?

Mahomes' Museum: Is This NFT Drop a Touchdown for Fans?

Patrick Mahomes, the Kansas City Chiefs superstar quarterback and one of sports’ biggest stars, is no stranger to headlines at work and away. Now, he’s taking on the world of digital collectibles with his own NFT marketplace. Is this new business a victory for art lovers everywhere, or simply another...

Mahomes' NFT Museum Aims High, But Will It Sideline Real Fan Value?

Mahomes' NFT Museum Aims High, But Will It Sideline Real Fan Value?

Patrick Mahomes. The name itself evokes an entire mythology of no-look passes, Super Bowl championships and a seemingly infinite reservoir of charm. He's a cultural icon. Now, he's stepping into the world of NFTs with "The Museum of Mahomes," and while the ambition is clear, I can't help but wonder...

CloneX's Fall: A $119M NFT Project, Lost to Broken Links?

CloneX's Fall: A $119M NFT Project, Lost to Broken Links?

The new world of NFTs, with its allure of digital ownership and revolutionary technology, is not free of traps. One of the most high-profile examples is the CloneX project. This formerly lauded NFT collection faced an extinction event due to the pitfalls of centralized hosting. This unfortunate event provides an...

CloneX's Demise A Wake-Up Call For NFT Infrastructure Not More Hype

CloneX's Demise A Wake-Up Call For NFT Infrastructure Not More Hype

The CloneX debacle is more than just busted JPEGs. It underscores some of the most egregious flaws of the NFT world. We've been so busy chasing the next big drop, the next Bored Ape, that we've ignored the rotting infrastructure beneath our feet. The truth is, the emperor has no...

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...

Reservoir's NFT Exit A Gen Z Wake-Up Call For Web3 Hype

Reservoir's NFT Exit A Gen Z Wake-Up Call For Web3 Hype

Take Sarah, a bright, ambitious college student whom I had the pleasure of meeting at a Grace Hopper Celebration event last fall. She was all-in on NFTs. Each discussion was charged with energy regarding the upcoming primary release. They talked about what return on investment she could expect and how...

NFTs Save Us? How a Bunker DAO Could Redefine Community

NFTs Save Us? How a Bunker DAO Could Redefine Community

Could a handful of digital cartoon avatars really be our salvation? Not single-handedly, but the idea behind it – local, decentralized communities empowering themselves through action – is exactly what’s been lacking. Forget waiting for governments or corporations. The future really could be made in bunkers, paid for with NFTs,...

NFT Bunker Buy: Absurdity or Genius in a Chaotic World?

NFT Bunker Buy: Absurdity or Genius in a Chaotic World?

To state the obvious, the world has become pretty crazy these days, right? We’re still reeling from inflation, teeth-grinding geopolitical tensions, and now…this. Dead Bruv’s “Meatbags” NFT project, intended to purchase a Cold War bunker fort with cryptocurrency. 100,000 tokens, $14 a pop, a DAOfition known as the “Billionaire Bunker...