nft

3 Reasons Solana's NFT Boom is More Than Just Hype

3 Reasons Solana's NFT Boom is More Than Just Hype

Solana's NFT space. We've all heard the chatter. Is it the real deal, or merely a temporary blip jumpstarted by lower transaction costs and quicker settlement times? Well, let me be the first to tell you, it’s the latter. It’s not even about just speed and cost. Think of Solana's...

Coincheck's NFT Gamble: Will Royalties Save It? The Data Says...

Coincheck's NFT Gamble: Will Royalties Save It? The Data Says...

Coincheck, a household name in Japanese crypto accessibility, is placing huge bets on NFTs. Let’s face it, the NFT market is not what it used to be. Are royalties, the alleged salvation of creators and platforms alike, really going to be Coincheck’s path to success? The data holds some uncomfortable...

Nike's NFT Fiasco: Is This the End of Centralized Web3?

Nike's NFT Fiasco: Is This the End of Centralized Web3?

I’m sorry to say I told you so, but … I told you so. The CloneX debacle as an example points to a larger problem. More importantly, it exposes the undue reliance on the fragility of slapping a “Web3” sticker on whatever centralized ecosystem you’ve created. We're talking about supposed...

Web3 Gaming's $100M+ Week: Hype or Real Investment?

Web3 Gaming's $100M+ Week: Hype or Real Investment?

A feeding frenzy, a gold rush or simply another Tuesday in the untamed frontier of Web3 gaming. Just last week, the front pages were ablaze with reports of more than $100 million pouring into blockchain-based game development. MagicBlock Raises $7.5M Ultra Entertainment Closes $12M Investment Round Azra Games Raises $42.7M....

CloneX Chaos: Nike's NFT Blunder Reveals a $100M Royalty Problem

CloneX Chaos: Nike's NFT Blunder Reveals a $100M Royalty Problem

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...

CloneX NFT Crisis: Images Vanish! Is Decentralization the Answer?

CloneX NFT Crisis: Images Vanish! Is Decentralization the Answer?

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's Failure: 3 Reasons Why Centralization Kills Web3 Dreams

CloneX's Failure: 3 Reasons Why Centralization Kills Web3 Dreams

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...

CloneX's Fall: A $100M NFT Lesson in Centralized Storage

CloneX's Fall: A $100M NFT Lesson in Centralized Storage

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's Broken Links Raise Questions About Web3 Promises

CloneX's Broken Links Raise Questions About Web3 Promises

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....

NFT Royalties at Risk? CloneX's Collapse is a Warning Sign

NFT Royalties at Risk? CloneX's Collapse is a Warning Sign

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...

Further Reading