Tag: nft

OpenSea's Comeback: How They Regained the NFT Throne (Again)

OpenSea's Comeback: How They Regained the NFT Throne (Again)

The NFT marketplace landscape is a shifting battleground, with platforms continually jockeying for superiority. OpenSea, once the undisputed king, faced increasing competition and a shifting market. Recent moves suggest a significant resurgence. Token ATH! is going deep into the playbook that’s led to OpenSea’s return to success. They’re trying to...

OpenSea Solidifies NFT Lead Despite Market Slowdown

OpenSea Solidifies NFT Lead Despite Market Slowdown

OpenSea has returned to NFT marketplace dominance, in the face of an industry-wide decline in NFT sales volumes. And indeed, the platform has experienced unprecedented user growth and trading volume, sealing its fate as a market leader. The comeback comes on the heels of yet another highly hyped launch of...

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...

DraftKings NFT Settlement: Are Your Digital Collectibles Securities?

DraftKings NFT Settlement: Are Your Digital Collectibles Securities?

The NFT space is rapidly changing and as the landscape shifts so too does the focus of regulators looking to identify illicit and harmful behavior. Recently, DraftKings reached a $10 million settlement regarding its NFT offerings, raising important questions about the classification of NFTs and their potential treatment as securities....

DraftKings Pays $10 Million to Settle Reignmakers NFT Lawsuit

DraftKings Pays $10 Million to Settle Reignmakers NFT Lawsuit

Online sports book DraftKings has settled a class-action lawsuit over its Reignmakers NFTs for $10 million. In March 2023, representative plaintiff Justin Dufoe filed suit. He claimed that these NFTs warrant the status of investment contracts under U.S. securities law. On February 28, 2025, the settlement was granted preliminary approval....

DraftKings' NFT Settlement: A Needed Course Correction or Overreach?

DraftKings' NFT Settlement: A Needed Course Correction or Overreach?

Now that the digital dust has settled on DraftKings’ $10 million settlement… That’s particularly the case with their Reignmakers NFT platform, which is at the center of this decision. The class-action lawsuit alleged DraftKings was offering unregistered securities. To the surprise of many, a federal judge expressly ruled that these...

DraftKings' $10M NFT Settlement: A Win For the Little Guy?

DraftKings' $10M NFT Settlement: A Win For the Little Guy?

Imagine this: a bright-eyed college student, let's call him Alex, scrolling through Twitter, sees the hype around DraftKings' Reignmakers NFTs. He's a sports fan, tech-savvy, and figures, "Why not? It's a fun way to maybe make some extra cash." He loads up a few hundred bucks into these dorky looking...

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...

Cloudflare's NFT Censorship Proves Web3's Broken Promise to Gen Z

Cloudflare's NFT Censorship Proves Web3's Broken Promise to Gen Z

Who could forget when Web3 was going to free us as digital entrepreneurs and disintermediate everything? Decentralization! Ownership! Freedom from the clutches of Big Tech! Yeah, about that…For example, just last week, Cloudflare blocked access to RTFKT’s CloneX NFT artwork. This move dramatically exposes the emperor’s lack of raiment. Or,...

CloneX NFT Art Vanishes! Cloudflare TOS Strike & Decentralization

CloneX NFT Art Vanishes! Cloudflare TOS Strike & Decentralization

The world of Non-Fungible Tokens (NFTs) experienced a stark reminder of the internet's centralized nature recently when artwork associated with RTFKT's CloneX project temporarily disappeared. This wasn't due to a blockchain issue, but rather a takedown related to Cloudflare's Terms of Service (TOS). This case illustrates the weaknesses of depending...