From the collector’s perspective, there’s great anxiety. Now, the files associated with over 41,000 NFTs from CloneX and Animus collections have disappeared. This event underscores doubts on the permanence and durability of NFT storage solutions. The durability of NFTs as a whole, especially projects containing complex artworks. The sudden disappearance...
Now picture waking up one day to discover that your most valued digital possession – your new CloneX NFT – has magically mutated into a crashed image link. You’ve spent thousands on it already, and poof, there it goes! Let’s hope that this image blunder is nothing more than an...
RTFKT, Nike's Web3 division, is migrating its CloneX NFT collection to ArWeave, a decentralized storage platform, after images associated with the collection stopped displaying correctly on OpenSea and Blur. This step ensures the longevity of CloneX works. Most importantly, it increases accessibility, which is an exciting inflection point for the...
A few weeks ago, the NFT community got a wake up call on why decentralization matters. Photos of CloneX NFTs just as suddenly vanished from central marketplaces like OpenSea or Blur stealing people’s property without any notice. This incident opened up a discussion on the perils of trusting centralized services...
CloneX. An incubation between RTFKT Studios (now under Nike’s enormous wing) and legendary artist Takashi Murakami. Remember the hype? The metaverse avatars, digital drip, and a future dripping with digital ownership reeks of straight capitalism. It all came crashing down. Why? Because CloneX, despite its Web3 aspirations, made a fundamental...
The NFT space that was once filled with creative genius and infinite hope has recently produced some of the most disastrous cautionary tales. One of the most dramatic has to be the tale of CloneX, a highly-touted initiative that once vowed to revolutionize our concept of digital identity. With CloneX...
CloneX, a very successful project from the NFT mania golden era, is currently facing some controversial backlash. Instead, holders are just discovering broken links and feeling the frustrating silence of a rug pull from the creators. This predicament has fueled a passionate discussion regarding the accountability of highly lucrative ventures....
CloneX. Remember the hype? Nike-backed RTFKT Studios. Takashi Murakami's art. We’ve heard enough metaverse hype dripping with digital bling. This was to be NFTs’ crowning moment. Now? It’s a cautionary tale written in dead white male poets image urls and falling bitcoin. As such, the silence from Nike and RTFKT...
Okay, let's be real. The CloneX image disappearing act? It was a gut punch. I had experienced the shivering birds-eye tweets, the waddling into a bunker Discord chat paddle… People lost their digital collections and real dollars left their pockets, making the promise of digital ownership feel incredibly hollow. Before...
The world of Non-Fungible Tokens (NFTs) promises digital ownership, but a recent incident involving Nike's RTFKT brand has exposed a critical vulnerability. Several Ethereum NFT collections from RTFKT unfortunately lost their artwork. This initial incident raised major alarms over what true ownership looks like when it comes to digital assets....
The internet lit up with panic. Picture this, you invest your hard-earned money into a one-of-a-kind piece of digital artwork. Because not only does it bear the weight of your hard-earned achievements and link you to a colorful community of makers, dreamers, doers and shakers, but suddenly – poof –...
We know how overwhelming and confusing the world of NFTs can be, particularly for those just getting started. We get it—words and phrases like “gas fees,” “smart contracts,” and “blockchain” can be scary. What if it could be that easy, as easy as sending someone an email to transfer an...
Let’s be real, NFTs have sorta sucked so far. What happened to all those NFTs that were supposed to be the future of art, music, and well… you know… everything. A big part of the problem? The sheer complexity of using them. Just like energy dashboards, navigating a spaceship control...
If we’re being real, we know that the world of NFTs often seems like a mysterious walled garden for tech insiders and crypto whales. Complex jargon-laden transactions, an opaque process (*ahem* title insurance), and the ever-present risk of being scammed deter many from even the opportunity. What if there was...
Mint Blockchain and Noves recently partnered in a joint effort to streamline the transfer of Non-Fungible Tokens (NFTs). This collaboration seeks to demystify the NFT transactional process, making it seamless and fun. Such changes would improve user experience and digital assets’ accessibility. This partnership is just the beginning of our...
The crypto industry has never had a more exciting and dynamic atmosphere. At the center of this frenzy is PENGU, a meme coin linked to the trending Pudgy Penguins NFT collection. Jason, FearlessToken.com's keen observer of the digital landscape, breaks down the factors fueling PENGU's recent price surge, examines its...