Tagged: digital scarcity

August 6, 2021 @ 9:41 am By Omar Faridi  |  

Sweet, the enterprise-focused NFT solution that aims to offer a user-friendly, consumer-first, environmentally “conscious” approach to providing digital collectibles, recently announced a strategic investment from Animoca Brands, which is described as an “influential force” in gaming. Of note is the news that Animoca recently raised… Read More

June 5, 2021 @ 3:40 pm By Omar Faridi  |  

The Waves blockchain-based game for collectors of non-fungible tokens or NFT ducks has “already gained popularity,” the developers at Waves revealed in a recent update. More than 4,000 NFT ducks have reportedly been issued, meanwhile, players are currently waiting for the introduction of NFT farming,… Read More

May 16, 2021 @ 11:30 am By Omar Faridi  |  

A newly filed lawsuit alleges that the sale of NBA Top Shot “Moments” is in violation of the federal Securities Act of 1933, which is a law that aims to ensure investor protection when acquiring publicly-traded securities. Michael McCann and Jacob Feldman from Sportico note… Read More

April 12, 2021 @ 12:52 pm By Omar Faridi  |  

Inal Kardanov, Co-founder and CTO of Billy, notes in a blog post published by the Waves Protocol developers that NFTs’ “second coming” is set to be even “more successful.” Kardanov, a software engineer focused on blockchain, AI, and machine learning, writes in a blog post… Read More

March 1, 2021 @ 8:05 am By Omar Faridi  |  

Consumers have reportedly spent over $230 million purchasing and trading digital collectibles of NBA game highlights. The NBA’s Top Shot product is a blockchain or distributed ledger tech (DLT)-powered digital trading card system that has managed to generate more than $230m worth of gross sales,… Read More