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2023 Underground Art Market Report

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Category: NFTs

BBC, C4 and NFTS freelance support programme kicks off

The BBC, Channel 4 and National Film and Television School (NFTS) have today opened their joint freelance support programme for applications. Freelancers will be able to sign up to the two-week programme, Freelancer Focus, taking place between 2-13 October.   The programme, which has been launched …

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September 12, 2023September 12, 2023 By AdsmithBroker

Minting and Burning Native NFTs on the Cardano Blockchain

Non-fungible tokens (NFTs) have exploded in popularity recently as a way to represent ownership of unique digital assets. While most NFTs have been created on the Ethereum blockchain so far, other blockchain platforms like Cardano aim to make minting and trading NFTs faster, cheaper, and …

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September 12, 2023September 12, 2023 By AdsmithBroker

Art, Law, and Commerce in the Metaverse: On Three New Stories of NFTs

IN FEBRUARY, a Manhattan jury found that the First Amendment did not shield artist Mason Rothschild from liability for infringing Hermès’s trademark with his “MetaBirkin” NFTs. It was a disappointing verdict for those of us intrigued by the possibilities of so-called “crypto art,” art associated …

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September 12, 2023September 12, 2023 By AdsmithBroker

Donald Trump Holds Over $2.8 Million of NFTs, Domini ($DOMI) Set to Become Secure Investment

In a rather unexpected twist, former U.S. President Donald Trump has recently made waves in the cryptocurrency world. He has emerged as a significant Ethereum holder with potential earnings exceeding a staggering $2.8 million from his ETH holdings. This revelation stems from the officially certified …

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September 11, 2023September 11, 2023 By AdsmithBroker

$690,000 hack of Vitalik Buterin’s X account includes theft of $244,000 CryptoPunk NFT

A hacker took control of Ethereum cofounder Vitalik Buterin’s X (formerly Twitter) account over the weekend and promptly stole hundreds of thousands of dollars worth of high-profile NFTs. In a now-deleted post, Buterin’s account advertised what appeared to be a link to a free NFT …

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September 11, 2023September 11, 2023 By AdsmithBroker

Ethereum co-founder Vitalik Buterin’s X account was hacked and followers were duped out of $700,000 for fake NFTs

Ethereum co-founder Vitalik Buterin had his X account hacked, with hackers posting a malicious link. The link resulted in the theft of $691,000 from some of his 4.9 million users who followed it on his page.  The post was a fake announcement of a new …

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September 11, 2023September 11, 2023 By AdsmithBroker

Animoca Brands Raises $20M to Pursue ‘Single Native Web3 Project’ Mocaverse

Despite cooling interest in the metaverse, Animoca Brands has closed a $20 million funding round, primarily targeting the introduction of metaverse project The Mocaverse. Central to this metaverse is a set of 8,888 non-transferable NFTs, which offer exclusive access to the platform. “The Mocaverse is …

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September 11, 2023September 12, 2023 By AdsmithBroker

Justin Bieber ‘Company’ NFTs swerve US due to ‘regulatory uncertainty’

There were some excitable headlines last week around the release of some NFTs seemingly offering a share of Justin Bieber’s royalties. As ever with this sort of thing, the devil is in the detail. Launched by web3 firm Anotherblock, the 2,000 NFTs do indeed offer a …

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September 11, 2023September 11, 2023 By AdsmithBroker

NFTs, once hyped as the next big thing, now ‘tanks’

NEW YORK (BLOOMBERG) – When NFTs first caught Daniel Maegaard’s interest in 2018, he immediately started investing in the tokens in 2019 and by 2021 held hundreds of them. His new muse ultimately got him to rank among the world’s best-known and influential NFT collectors. …

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September 11, 2023September 11, 2023 By AdsmithBroker

Glass Protocol’s Founders to Walk Away Due to Lacking Demand for Video NFTs

Sam Sends and Varun Iyer, the founders of the VC-backed protocol aiming to monetize NFT videos, said they will abandon the project due to low demand two years after its launch. Glass Protocol’s email address will remain open for questions, but the Telegram channel will …

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September 11, 2023September 11, 2023 By AdsmithBroker

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