By Madhura Moulik Web3.0, a.k.a the decentralized web or the semantic web, refers to the next generation of the internet that is expected to be more intelligent, interconnected, and decentralized The decentralized web and non-fungible tokens (NFTs) have created significant noise in the… Read Full Article Here Source link
Tag: NFTs
Ben Lock of The Sampling Project (Sidekick group’s sampling agency) argues that product sampling is far from dead; in fact, it’s taking on a new life through the metaverse, NFTs, and cryptocurrencies. I feel a bit sorry for product sampling. Since marketing began, it’s been a part of the mix for… Read Full Article Here […]
Trademark infringement has extended to the metaverse, with luxury brand Hermès battling a digital artist /fashion/trends/is-it-metaverse-fashion-art-or-birkin-ripoff-111675233648977.html 111675233648977 story Trademark infringement has extended to the metaverse—with luxury brand Hermès of Paris Inc. battling digital artist Mason Rothschild in court over the creation and sale of nonfungible tokens that depict images resembling its hard-to-get Birkin bags. A […]
PRESS RELEASE Published February 1, 2023 The global Web3 gaming market is projected to grow from USD 4.6 billion in 2022 to USD 65.7 billion by 2027 a CAGR of 70.3% during the forecast period. This will be driven by increasing affordability and accessibility for users. Today though, the high cost of NFTs has been […]
With an upcoming initiative involving digital assets, Amazon reportedly intends to immerse in NFTs and Web3 gaming. According to Blockworks, Amazon plans to launch a “digital assets enterprise” focused on non-fungible tokens and Web3 gaming this spring, citing four anonymous sources familiar with Amazon’s plans. Despite the fact that the project is still in its […]
NFTs may be the future of digital assets and goods, but what will happen in China? Getty Images The Chinese government views cryptocurrency as a serious systemic financial risk and has taken strong measures to minimize its usage in the world’s second largest economy. Though China retains a thriving underground crypto ecosystem, Beijing’s different bans […]
While the era of NFT’s exchanging hands for expensive fees seems like a different time now, the NFT technology has always been attractive for more than one reason. NFTs are cryptographic assets that hold metadata and identification codes hosted on a blockchain. Unlike fungible tokens, NFTs cannot be exchanged or used for commercial transactions, and cannot […]
Just as 2022 fizzled out, we asked several of our crypto contacts for their views on that year and the path ahead. Here then are some more reflections and predictions from three industry experts. Silver linings from 2022? We’re seeing some positive price action in the crypto market to begin the year, which is […]
In many countries, millions of people clack basic equitable access to the financial services that would allow them to meet their daily needs. On this week’s episode of NFT Steez, hosts Alyssa Expósito and Ray Salmond meet with Mashiat Mutmainnah to discuss how regenerative finance (ReFi) can provide more accessibility and inclusivity to blockchain technology. […]
Blockchain – the distributed, decentralized system that helps verify crypto transactions and record ownership of NFTs – requires a massive amount of computing power and electricity. And as the NFT marketplace and other Web3 technologies continue to expand, the environmental impact of blockchain has been growing. Why Blockchain, NFTs, And Web3 Have A Sustainability Problem […]