NFT Criticism Heightens: Skeptic Calls Tech a ‘House of Cards,’ Claims NFTs W...
On the week of March 7 through the 13th, the term “NFT” touched an all-time record high in terms of popular search queries according to Google Trends (GT). The highest score is 100 and this week, GT shows interest has dwindled a hair down to 97. Meanwhile, while the NFT hype affects the cryptocurrency and blockchain community, not everyone is thrilled with this technology. Some critics think NFT tech needs to be more robust in order for collectibles to last more than a decade without them disappearing. The Rift Between NFT Hype and NFT Criticism Over the last few weeks, the NFT....
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The famed auction house claims it will be the first to accept crypto for a real-time auction of physical art — but other auction houses are not far behind. Prestigious auction house Sotheby’s has announced it will accept Ethereum (ETH) bids in real time for its Nov. 18 auction that includes works by famed street artist Banksy.Sotheby’s claims this will be the first time an auction house has accepted crypto in real time as a standard currency for payment in an auction on a physical work of art. The auction, titled ‘The Now Evening Auction’ features Banksy’s Trolley Hunters and Love Is In....
Christie’s fourth annual Art+Tech Summit was dedicated to discussions of the future of art, collectibles and the world of nonfungible tokens. Christie’s upscale building located in New York City’s Rockefeller Center, Midtown Manhattan. The organizers were exhibiting a 3D frame, which allows a hologram of oneself to be remotely projected elsewhere, and discussing how animated interactive collectible cards will change over time based on the real-life performance of the displayed athletes. Galaxy Digital CEO Mike Novogratz, Canadian artist Mad Dog Jones, head of global marketing at TikTok....
IP integration of popular NFTs like Bored Ape Yacht Club has been a hot topic in recent month. We’ve seen a variety of different brands get involved with NFTs, but one we certainly didn’t have on our radar was legacy playing card company, Bicycle Cards. With every new brand deal, the licensing conversation heats up […]
The first Waffle House opened its doors in 1955, five years after Diner’s Club issued the world’s first multiple merchant credit card. It was only in 2006 – 61 years later – that Waffle House began accepting credit cards as payment. But the upgrade to Waffle House’s point-of-sale hardware allowing them to take credit cards opens the company up to even....
The European Council of the EU has set forth guidelines in which it will seek to regulate virtual currencies and curb terrorist funding opportunities. In light of several high terror attacks within the EU in 2015, many regulators and citizens called for tighter surveillance and anti-terrorism operations. Calls for tighter control over virtual currencies after reports were released when it was suggested that some terrorists might have benefited from using Bitcoin to fund their activities. While such claims that terrorists have a unique advantage in using Bitcoin, the European Council is....