Old-school photographers grapple with NFTs: New world, new rules
Photography often has to weather disruptive changes from film to digital, for example and photographers find themselves needing to master new technologies or face losing out to more tech-savvy competitors. NFTs are just another transformation in how we consume images. Can photographers adapt and benefit from them? Coming to grips with the NFT market can give a whole new lease of life to a photographer’s work. Back in the dark agesI go back a long time in photography. To the dark ages or at least the darkroom ages, to be more precise when images were analog and negatives or color....
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A few years ago, if someone asked you the monetary value of an internet meme or Jack Dorsey’s first tweet, you’d have found it strange. After all, what value can a mundane tweet or a meme hold? But today, they can be worth thousands of dollars, thanks to non-fungible tokens, a.k.a. NFTs. By creating on-chain, unique representations of everyday things like music, art, videos, and memes, NFTs catapulted their value from almost nothing to millions of dollars. So naturally, the trend spread like wildfire, opening new opportunities for artists and creative professionals across the globe to gain....
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This Week After 8 years dumping billions of XRP, Jed McCalebs stack runs out in weeksRipple Labs co-founder and former chief technology officer Jed McCaleb is nearing the end of his eight-year-long XRP dumpathon. The former Ripple exec has been gradually shedding his stash of 9 billion XRP since his departure in 2014. As....
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This Week Peter Schiffs bank closure strengthens Bitcoin case for financial freedomAvid Bitcoin hater and gold peddler Peter Schiff saw his bank in Puerto Rico, Euro Pacific International Bank, shut down this week, with regulators pulling the plug on the grounds that the bank was not maintaining the net minimum capital....
Apple has published rules for NFTs for the first time while clarifying rules around cryptocurrency payments and crypto exchanges. Technology heavyweight Apple has clarified its App Store rules around nonfungible tokens (NFTs) and cryptocurrency exchanges marking the first time its codified specific rules for NFTs.The new rules confirm how NFT purchases will be taxed and what they can and can't be used for, while also clarifying rules around when a crypto exchange app can be listed. The Oct. 24 update to its App Store guidelines saw language added that allows fo in-app purchases of NFTs,....
As federal and state regulators grapple with Bitcoin and other cryptocurrencies, entrepreneurs and developers are attempting to build a new financial economy. In an event organized by the New York Law School, legal, financial, and technical experts will discuss today the hurdles and hopes of what is coming to be known as the Internet of Money. Click here to watch the event live beginning at 8:30am on October 21. The live stream requires the Microsoft Silverlight plugin. Those who live in New York City can attend in person at the New York Law School Events Center (second floor) 185 West....