A $10 million loss. Ouch. The lede story is capturing everyone’s attention! Here’s a look at cryptoPunk NFT #3100, which recently sold for $4 million, far below its original sale price. They purchased it for 4,500 ETH (approximately $15.79 million) and sold it for 4,000 ETH (~$6.06 million). Blame is...
CryptoPunk #3100, one of the rarest NFTs from the famous CryptoPunks collection, has been resold for 4,000 ETH. This one transaction has now cost the former owner well over 10 million dollars. In addition to that 16 million dollar initial purchase price, this NFT sale illustrates how the NFT market...
I think of Sarah, a smart, young, dynamic college student that I met just a few months ago. For one, predatory banking fees were sucking her single dollar at a time. Already feeling totally shut out from significant investment opportunities, she felt the weight of the world on her chest....
Mahomes launching "The Museum of Mahomes"? It's got my attention, but as someone who's seen trends come and go, I'm asking: is this a touchdown or an interception?NFT Craze: The New Beanie Babies?Let’s face it, the NFT marketplace hardly resembles old-school technology innovation and more closely resembles the dot-com bubble...
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...
Is this really different this time? I've seen crypto winters colder than a polar bear's toenails, and springs that promised the moon only to deliver…dust. That’s why I can’t help be skeptical about a $31 million presale. This is especially the case as just a few weeks ago, many were...
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 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...
I think of Sarah, the single mother I met on a chat board. She poured her stimulus check into a CloneX NFT, believing the hype, the promises of a digital future where she could build wealth for her daughter. To her, it was a lifeline, an opportunity to break free...
The crypto landscape has undeniably shifted. We’re past the point of this being a niche market controlled by the tinkerers and tech savvy cypherpunks. All of a sudden, your neighbor and your barista are getting into Bitcoin and Ethereum. Even your mom is getting in on a confusing cryptos-mania! Binance's...