Effects of Crypto Mining on the Environment and How to Offset Them

Crypto’s bad environmental reputation has preceded digital currencies for some time: Bitcoin is bad for the environment. Crypto mining is a monstrous power guzzler. The process consumes a disproportionate amount of energy. In short: mining crypto as we are currently is contributing to climate change.  But is that really the case? Recent findings on the […]

NFT Stocks To Watch Out for in 2022

NFT Stocks

Company stocks and real estate will be among the many things that get turned into non-fungible tokens in the future, according to venture capitalist Bill Tai. The tech investor said that “it’s going to happen” and it’s “not even a question.” NFTs are “one-of-a-kind” assets in the digital world that can be bought and sold […]

Meta Highlights From SXSW 2022

The fact that Facebook founder Mark Zuckerberg is so keen on life – and above all profit-making – in a virtual metaverse that he immediately renamed his entire company Meta and, when presenting this change of identity in October, animated the move as an avatar to his upcoming illusory world, could already be interpreted as […]

England’s First NFT Gallery Is Opening In London

Quantus Gallery NFT Items

While the blockchain phenomenon may seem ephemeral, it certainly attracts a lot of capital, and nervous investors will finally have these existential questions answered by the UK’s first NFT gallery, Quantus. Soft launching at the start of March, Quantus is a first as it brings digital art into literal space. “We are trying to blend […]

NFT sales have spiked 21,000% in a year

The nonfungible token (NFT) marketplace is booming with sales jumping by more than 200 times in 2021, according to a new report which also highlights how NFTs have become precisely that, a marketplace. Sales of NFTs jumped 21,000 percent to more than $17.6 billion (almost €16 billion) in 2021, up from $82 million (€74 million) […]

Cryptopunks NFT IP Is The Property Of Bored Ape Creators Now

BAYC and Cryptopunks in the same frame

Larva Labs sold the CryptoPunks and Meebits NFT IP to Yuga Labs, creators of the Bored Ape Yacht Club. The CryptoPunks creator had faced criticism for its lack of guidance on IP rights and engagement with the community. Just last week, CryptoPunks and the Bored Ape Yacht Club were the two leading rivals in the […]

The Metaverse Token “SAND” Has Jumped Up

The Sandbox is becoming a playground for big brands to begin exploring the hype-driven metaverse. Now, Europe’s second-largest bank, HSBC, and American noughties celeb turned crypto enthusiast, Paris Hilton, are joining the fun.  Read More: Our favorite 10 Celebrities Promoting the NFT market HSBC announced this morning a new partnership with the metaverse platform, which […]

Former Disney CEO becomes the advisor of NFT digital avatar platform, Genies

Robert Iger

Bob Iger, a longtime Disney fixture, joined NFT producer Genies. LA-based Genies has raised $100 million and has customers that include major record labels. Bob Iger, the former CEO of the Walt Disney Company, announced today on Twitter he is joining the board of directors of Genies, a digital avatar platform built on the Flow […]