blue-chip

CryptoPunks Still King? The Hidden Risks in NFT's 'Blue-Chip' Obsession

CryptoPunks Still King? The Hidden Risks in NFT's 'Blue-Chip' Obsession

There is little question that the NFT market’s pulse is beating faster. Now we are treated to headlines claiming record-high trading volumes and the Bored Apes, CryptoPunks and other usual suspects making headlines once again. Before we crown CryptoPunks the undisputed rulers of this supposed renaissance, let’s cut to the...

Nike's NFT Debacle: Are 'Blue-Chip' Brands the Biggest Threat to Crypto?

Nike's NFT Debacle: Are 'Blue-Chip' Brands the Biggest Threat to Crypto?

The numbers don't lie. Nike’s initial foray into the NFT space sounded fairly good on paper when they claimed RTFKT. Today, it looks less like a slam dunk and more like an expensive fumble. That’s what we’re describing as a 99.8% value crash in their virtual sneakers NFTs. From roughly...

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