Remember when NFTs were going to free artists from the shackles of capitalism? Eliminate gallery gatekeepers and predatory art dealers. Let creators build those personal relationships to their audience and benefit financially from their hard work! The promise was intoxicating. A digital utopia where creativity prospered, and creators, at long...
I think we can all agree, the NFT space has been a bit of a whiplashing amusement park ride these last few years. One day, headlines scream about $15.5 million dollar sales, the next they whisper of floors collapsing. The recent drop has spooked a number of investors. Sales volumes...
The metaverse is still buzzing about 77-Bit’s NFT mint. Cyberpunk aesthetics, a “the fun comes first” business model, and a smattering of technofuturist optimism – it’s a powerful mix. Before you FOMO your way into the next hot digital asset, let’s instill some realism. Read on to see if this...
Following a successful beta phase, 77-Bit is proud to announce its go-live! Prepare for an exclusive, 72-hour mint of a free, limited-edition Beta Skin NFT. The development team has suggested that what comes next for the project will be determined based on how well its later phases perform. This special...
77-Bit’s innovative choice to reward Beta testers with free NFT skins is creating a bit of a stir – and it should be. Marketing genius, or a stroke of luck that has developed an army of fans? Or is it an irresponsible wager bound to backfire, bringing market volatility and...
CyberKongz, an Ethereum-based NFT and gaming project, has announced that the U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into the project. This combination of events could profoundly reshape the Web3 gaming landscape. It provides a preview of the shifting regulatory environment coming down the pike. The...
The CyberKongz saga is finally over. The SEC has now formally wrapped up its nearly two year investigation, and honestly, it’s about fucking time. This isn't just a win for one NFT project; it's a flashing neon sign screaming, "Gensler's reign of terror is finally over!"Let's be clear: this investigation...
The Securities and Exchange Commission (SEC) has ended its two-year investigation into the CyberKongz NFT project. The inquiry specifically focused on misleading claims made about the project’s BANANA token. It asked the question of whether that token ought to have been registered as a security. Today, CyberKongz posted an announcement...
So, on its face, the news that the SEC has closed its two-year investigation into CyberKongz is a huge win for Web3. Don’t be fooled. This is a blatant red flag. It underscores the SEC’s dangerously naive approach to this rapidly evolving space and raises alarm bells about the harm...
And a rare CryptoPunk #3100 just sold for 4,000 ETH, over $7 million. This famous NFT from the CryptoPunk collection is currently valued at about $6.08 million at today’s market prices. This figure is among the largest seen in the NFT space. While still a notable amount, it represents a...
NFTs (Non-Fungible Tokens) are revolutionizing the concept of digital ownership in video games. These rare digital collectibles are transforming the ways that players deal, trade, and value items in games. Blockchain innovation provides gamers the means to absolutely have their electronic belongings. They can buy, sell or trade these digital...
NFTs, or Non-Fungible Tokens, are revolutionizing the concept of digital ownership, impacting various industries, and the gaming world is no exception. These unique digital assets, underpinned by blockchain technology, are transforming how players interact with games, own in-game items, and even earn a living. NFTs have provided exciting opportunities to...
The recent lawsuits filed by FTX, targeting NFT Stars and Delysium over undelivered tokens, are more than just legal wranglings. They’re flashing neon signs pointing to the systemic instability just below the shiny surface of the crypto market. We’re talking about serious cash—all of it yours. It might fade into...
Put aside the bankruptcy court complaints and legalese for a moment. FTX suing NFT Stars and Delysium for failing to deliver tokens is more than an asset recovery effort. It's about something far more fundamental: Can we even trust crypto? What does this tell us about the so-called “decentralized future”...
On the road to decentralization, Grindery is creating a buzz in the AI and Web3 community with its novel Aventino wallet infrastructure. We created this platform to provide AI agents the fiscal independence required to allow them to function independently and effectively. By taking the complexity out of payments and...
Grindery, the team behind the popular Telegram wallet, is developing Aventino, a permissionless smart wallet infrastructure powered by the Ethereum account abstraction protocol ERC4337. Ventino Aventino enables developers to build platform-agnostic agents that can autonomously transact, govern, and evolve. As part of onboarding universal gas, Grindery launched its own universal...
Grindery is hoping Aventino will provide an infrastructure for AI agents to unlock the financial kingdom. That’s a hell of a gamble on fairly early and rag-tag AI capabilities and the capriciousness of financial markets. The dream of autonomous AI agents seamlessly transacting in the tech-surfed over web3 landscape is...
Grindery’s Aventino is not your typical tech innovation though, it’s a technology that has the potential to disrupt the very underpinnings of our economic system. Move over crypto kitties AI agents have the potential to reshape the distribution of power and wealth, as well as the hegemony of corporations. Sounds...