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MEV may potentially reward blockchain splits when the stakes are high enough, which may affect future transactions and the security of the consensus layer. This could be the next step to help it grow. Bitcoin and Ethereum networks are ledgers that are protected by a decentralized network of computers (aka miners). Miners are in charge of gathering and placing transactions on the block, which is then verified by the whole network. The network guarantees that all transactions are legitimate when they are uploaded to the blockchain using this format. Although that structure provides network openness, it has one limitation: there…

NFT Meta’s decision to test an initiative that allowed artists to sell NFTs on Instagram was widely considered a positive development for the struggling industry. Now that the tech giant has pulled the plug on the project, web3 enthusiasts’ reaction to the sudden move is all over the place.“I was completely baffled,” said Dave Krugman, one of the first creators able to sell his art to people on Instagram through non-fungible tokens. “It’s so shortsighted.”Krugman’s frustration may resonate with many independent artists. The photographer said he has been making money online with his work for more than a decade. And…

NFT Good photography often requires as much technical skill as artistic sensibility, making it uniquely fit for experimentation in Web3. Yet, talk to any non-fungible token (NFT) collector or creator and they’ll say it took a while for “photography NFTs” to take off. John Knopf, an Emmy Award-nominated landscape photographer who works for National Geographic, was an early adopter. While he came into crypto during the heady days of the NFT bull market thinking he could make a “quick buck,” he said, he quickly became enthralled with the potential of distributed networks. This article is part of CoinDesk’s “Culture Week.”…

NFT Castro emphasized that no resources would be allocated to appease those with financial motives. Instead, Doodles will focus its efforts on its most loyal collectors. “We’re trying to go from a startup to a leading media franchise. We are no longer an ‘NFT project,’” he stated. Castro’s announcement signals a shift in focus for the Doodles project, as it aims to become a leading media franchise company rather than just an NFT project. While the NFT space has experienced a surge in popularity over the past year, there have been growing concerns about speculative bubbles and short-term profit motives.…

The NounsDAO Web3 community has approved a proposal to create an animated movie based on its popular NFT characters. Going forward, the feature-length film will be produced by Atrium, a network made up of independent Web3 artists and creators.According to the official announcement, the collaboration will not stop on completion of the project, as there will be continued production of “a series of episodic content via consecutive proposals.” The animated film will be titled “Nouns: A Movie,” and will be the result of multiple artists that will contribute ideas to create the “first feature-length cinematic content” that will introduce Nouns to…

NFT Introducing $Fortune The leading NFT marketplace on Cronos Chain announced the imminent launch of a native token called $Fortune, according to tweets from the official Ebisu’s Bay account as well as from its founder. Get ready, the presale of $Fortune tokens just for EB members and RT holders is coming!✨Stay Tuned #CROFam, $Fortune token is almost here!????#Cronos #Cro #FFTB #FortuneFavorsTheBay — Ebisu’s Bay – The Leading GameFi NFT Marketplace (@EbisusBay) March 16, 2023 Before announcing the $Fortune presale, the Non-Fungible Token (NFT) marketplace was more coy about its plans. #CROFam how long have you been waiting for Ebisu’s Bay’s…

Racing through the Sewers finally pays off as the Bored Ape Yacht Club open their Power Source mint. In addition, a ‘Second Trip’ event to the Otherside will happen in late March. But this time, Otherdeed owners can bring their friends! Bored Apes owners have less reason to be bored as the BAYC ecosystem has plenty in store for the coming months. In addition to the now available Power Source mint, the Bored Ape Yacht Club will give the owners of Otherdeeds a chance to experience the Otherside in a Second Trip event later in March! Power Source Mint The…

Following the success of its first store at the Mall of the Emirates, ftNFT is opening another real-world NFT shopping experience at the Dubai mall. NFT enthusiasts can now walk in, purchase, and take home their own unique digital collectibles knowing they possess a piece of artwork like no other. Furthermore, artists can easily share their creations with an ever-growing audience. ftNFT, a premier RNG-regulated NFT marketplace, enables creators to present their collectibles for fans around the world to discover and appreciate.ftNFT Stores Go PhygitalPhygital retail melds physical and digital components, creating an unparalleled shopping experience. As part of the Fastex…

Blockchain Anurag Arjun, a co-founder of Polygon, departed as the company spun off its modular blockchain project, Avail. “Avail will be spun off completely from Polygon Labs,” Polygon said in a blog post shared with The Block. Arjun “is moving out of Polygon Labs and will become Avail’s sole steward and will continue to lead the project in a separate, standalone and self-funded entity.” Polygon initiated the Avail project in late 2020 and introduced it publicly in mid-2021. Arjun co-created the project and, as part of the spin-off, it is now acquired by a corporate entity wholly owned by Arjun,…

Blockchain Charles Hoskinson, the co-founder of the blockchain platforms Cardano and Input Output Global (IOG), released a new video under the title “Drama and FUD with governance” on his YouTube channel, discussing the innumerable dramas “floating over Twitter”, the fallacies on the CIP of 1964, etc. On March 16, Hoskinson shared a Twitter thread sharing the video that focuses on the Twitter posts that he calls “materially untrue.” Drama and FUD with Governance https://t.co/zWf8PlN68a — Charles Hoskinson (@IOHK_Charles) March 15, 2023 Notably, Hoskinson, in his video, elaborated on the politics of disagreeing with the different phases of governance, relating to…