Author: Jeremy Ryan

Jack Dorsey’s first tweet NFT, initially acquired for an impressive $2.9 million, has experienced a dramatic devaluation in the current market. The once highly-valued NFT is now worth less than $4, showcasing the volatility and unpredictability of the NFT market. This drastic drop in value serves as a cautionary tale about the speculative nature of NFT investments and their potential for significant fluctuations. Jack Dorsey’s first tweet, transformed into a Non-Fungible Token (NFT) and originally purchased for a staggering $2.9 million, has suffered a severe devaluation in the current market. The NFT, once regarded as a valuable digital collectible, is…

It would appear that a Trump has run afoul of the federal government this week—but perhaps not the family member you’d expect. Former First Lady Melania Trump has potentially sparked conflict with NASA by apparently violating the federal agency’s policy on image usage in her latest NFT drop. The collectible, titled “Man on the Moon”—which released on Wednesday—prominently features the iconic 1969 photo of astronaut Buzz Aldrin partaking in the NASA-orchestrated Apollo 11 lunar landing. Per agency policy, however, usage of NASA images in connection with an NFT project is strictly prohibited. Gizmodo first reported on the apparent violation. “NASA…

On the microblogging platform Twitter Nassim Nicholas Taleb, the popular author of the groundbreaking book “Black Swan,” criticized the burgeoning non-fungible token (NFT) industry, pointing out the incredible drop in value some tokens have had since their peak. Through his tweet, Taleb launched a potent barrage of criticism against NFTs, asserting their suboptimal status as an investment choice. He attributed this to their inherent absence of intrinsic value coupled with the escalated degree of speculative behavior they promote. Taleb’s tweet was in response to one posted by another user that highlighted the initial tweet of Twitter’s co-founder and current CEO…

TOTHEMOON is heralding the arrival of its second Comet Drop. A series of daily auctions will be held between Aug. 2-11, offering a total of 200 unique “Moon Duo” NFTs. Each auction commences at 5:00 p.m. (UTC) and concludes after 24 hours. The Moon Duo NFTs available during this event feature a larger number of personality traits and higher point totals compared to the previous offerings. Each Moon Duo Point contained within these NFTs can be used as both Moon Points and Cryptonaut Points, enabling users to advance their characters more rapidly or earn the respect of other Moon Creatures…

From the creators of the popular Moonbirds PFP collection, a new generative series of mythical birds is taking flight. The team at PROOF presents the Mythics project, crafting a unique minting experience that guides their avid community on an explorative journey into the Moonbirds universe.Funding the Mythics Project and the Path to OwnershipThe Mythics project was first unveiled in August 2022, coinciding with a $50 million Series A funding round led by venture capital heavyweight Andreessen Horowitz. The Mythics collection introduces 20,000 profile picture NFTs founded on the lore of the Moonbirds. As a refresher, Moonbirds is a collection of…

When people think of cryptocurrency they often think of the big players like Doge and Bitcoin. But there exists another class of cryptocurrency which is both high risk and, if you’re lucky, high reward. You can multiply your money or lose it all in a matter of seconds or minutes. The two most common blockchains for these cryptocurrencies are Ethereum and BNB Chain. The two most popular memecoins are Shiba Inu and Pepe. And while it is true a lot of money is made in this market its also true a lot is lost. I took a week long dive…

The Sandbox prepares to take a major leap forward in their metaverse vision, as they begin opening the doors to user created content! By the end of the year (2023), they expect to have the public hosting and running their own experiences! Though we have had a chance to see and explore a number of experiences in The Sandbox, these were always carefully controlled releases from partner projects. Since the beginning, the goal for The Sandbox has been to allow anyone who owns a plot of land to be able to create and publish their own gaming or social experience.…

Let’s make a deal… for NFTs. Non-fungible token (NFT) marketplace OpenSea announced Thursday it’s rolling out “Deals,” a peer-to-peer NFT swap function to help traders bolster their collections and engage with other collectors directly. OpenSea said in a tweet that Deals will allow collectors to trade NFTs among each other – as well as to include wrapped ether (WETH) to “sweeten the deal.” It added that the feature is powered by OpenSea’s native NFT protocol Seaport. OpenSea added that the product aims to make the NFT swapping process trustworthy, fending off “sketchy DMs and websites” that many collectors fall victim…

NFT startup Proof has launched its new Ethereum profile picture (PFP) collection, Mythics, the newest evolution of its prominent Moonbirds project and the latest installment in its digital art ecosystem. Set to feature a generative series of illustrations of mythical birds—with more of a hand-drawn aesthetic compared to the pixel-based Moonbirds—Mythics arrives with what the company hails as a “new minting experience” for existing Proof NFT holders. First announced in August 2022 alongside a $50 million Series A funding round with Proof led by VC giant Andreessen Horowitz, the Mythics collection features 20,000 profile picture NFTs based on the lore…

The smart devices and laptops you’re reading this on right now would be considered science fiction 25 years ago. Because in a relatively short amount of time, technology has taken us from analog phones to supercomputers operating as communication devices. The fact that many of us refer to our smart devices as “phones” demonstrates that our understanding of technology and function is outpaced by the technology itself. Your iPhone is so much more than just a phone; in fact, the phone aspect is probably the function you use the least. Tech advancements created an environment where intense innovation flourished, eventually…