Tag: web3

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 Retreat A Market Correction Or Web3's First Crack?

Reservoir's NFT Retreat A Market Correction Or Web3's First Crack?

Reservoir has opted to sunsetting its NFT API just two months after raising $14 million in a Series A round. Even so, this move appears to be a symptom of bigger problems than a thoughtful, new strategy. Investors such as Coinbase Ventures, Union Square Ventures, and others flooded in, allegedly...

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...

Ubisoft Steps Further into Web3 with Might & Magic Fates

Ubisoft Steps Further into Web3 with Might & Magic Fates

Ubisoft is developing Might & Magic Fates, a new card game featuring a "Web3 layer that unlocks digital ownership." The company is taking another plunge into blockchain gaming. This follows very heavy blowback from the gaming community on their past efforts. Might & Magic Fates allows players to build decks...

Web3's Promise for Teens A Realistic Look Beyond the Hype

Web3's Promise for Teens A Realistic Look Beyond the Hype

The hype and noise surrounding Web3 is at a fever pitch—in particular for our teens. The potential of a decentralized future is exciting. There’s never been so much promise of wealth in crypto and NFTs, and you too can help build the new internet! Before we pass around the bubbly,...

Shaping Tomorrow's Internet Youths Explore the Potential of Web3

Shaping Tomorrow's Internet Youths Explore the Potential of Web3

Web3 is the next evolution of the internet, and it’s taking hold at lightning speed. This emerging, collaborative ecosystem holds considerable potential to transform the creation and consumption of technology. Web3 as a concept is still in its formative years. It’s built on the fundamental tenets of blockchain technology, decentralization...

Web3 for Teens: Own Your Future in the Decentralized World!

Web3 for Teens: Own Your Future in the Decentralized World!

Web3 is not just a catchphrase — it is the next evolution of the internet. This grassroots movement will return the power to the people that use these systems. Along with those challenges, it opens up thrilling new horizons for expression, engagement, and developing vibrant neighborhoods. Just like previous digital...

Teens Can Build a Fortune in Web3 Here's How

Teens Can Build a Fortune in Web3 Here's How

Imagine this: Sarah, a 16-year-old from Ohio, just bought her first car – with crypto she earned selling digital art as NFTs. Not from mowing lawns, not from a summer job flipping hamburgers, but from the undeniable power of Web3. Think about that for a second.The old rules are dead....