Tagged: digital scarcity

December 5, 2022 @ 4:20 pm By Omar Faridi  |  

The team at Ledger notes that NFTs are ushering in “an artistic renaissance that has barely begun to play itself out, changing how art, music and, more broadly, culture is digitally generated, owned and exchanged forever.” As the platform to secure and manage NFTs, Ledger… Read More

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