Nike is now on the defense in a class-action lawsuit brought against it by the owners of RTFKT NFTs, accusing it of making empty promises. This ongoing legal battle highlights the challenges that brands face in the often chaotic NFT landscape. After a brief and massive boom, this highly speculative...
The NFT space is beginning to see the other shoe drop in terms of legal enforcement. A recent lawsuit against Nike, following its closure of RTFKT, highlights the potential pitfalls and legal complexities surrounding these digital assets. This situation raises critical questions about the nature of NFTs, their value, and...
Nike is defending itself in a high-profile lawsuit in New York. Now the shutdown of its RTFKT platform has resulted in massive rug pulls for holders of their Non-Fungible Tokens (NFTs). On April 25, this new lawsuit was filed in New York’s Eastern District court. It claims that consumer protection...
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....
Today, Tezos is taking a larger role as a leader in the Web3 revolution. It offers artists, gamers and sports organizations an unparalleled platform to explore the transformative potential of blockchain technology. FearlessToken.com dives deep into the heart of digital creativity. It follows the NFT royalty wars, showcases audacious generative...
Ethereum, the second-largest cryptocurrency by market cap, is the foundational bedrock of this new decentralized digital world. Its price volatility sends shockwaves through the entire cryptocurrency ecosystem, affecting developers and entrepreneurs to new businesses and users. Ethereum is an open source decentralized platform that allows developers to build and deploy...
The intersection of healthcare and Non-Fungible Tokens (NFTs) may still be new and developing, but it’s full of possibilities. FearlessToken.com dives into this emerging market, cutting through the hype to deliver a clear picture of its current state and future potential. As you can see, the NFT in Healthcare Market...
The year 2025 will be a historic turning point in the arcane development of cryptocurrencies. Several other forces are colliding to remake the industry’s future, creating both new and historic opportunities and challenges. FearlessToken.com to investigate important trends. It gives an extremely helpful look at what’s on the horizon for...
It’s like a neverending roller coaster world of Non-Fungible Tokens (NFTs), where the biggest stimulus is one that determines where it goes. A recent example would be the sale of CryptoPunks to a non-profit organization. This article explores why this sale represents a positive sign for the broader NFT marketplace....
CryptoPunks, a pioneering collection of non-fungible tokens (NFTs), will soon be showcased at the new permanent exhibition space in Palo Alto. The decision marks a turning point in what’s fast becoming a brutal new reality for these formerly high-flying digital assets that once fetched multi-million dollar valuations. The foundation remains...
The space of NFTs is rapidly evolving. These major changes can cause ripples across the digital art and blockchain communities. On further inspection, this is a clever move by Yuga Labs. CryptoPunks IP is sold. This decision sailed through the Node Foundation and became an extraordinary moment in industry history....
The NFT space rarely fails to surprise and delight. Most recently, NODE’s purchase of CryptoPunks 7804 and 3100 for over 7 million each triggered shockwaves across the digital art and blockchain communities. This move, celebrated by some and viewed with skepticism by others, marks a significant moment in the evolution...
