Author: Jeremy Ryan
Jeremy Ryan is Founder and CEO of NFT Demon Holdings LLC. After becoming the largest NFT artist on BNB Chain pretty much overnight with no resources he became an entrenched figure in the industry. As years went on he expanded to AI and quantum computing but has kept his roots in crypto. NFT Demon Holdings LLC is the premier consulting firm in blockchain, AI, and quantum computing amongst celebrities, Fortune 500 companies, and quantum computing. Jeremy oversees a role in all operations.
NFT As marketplaces moved to stop (or potentially stop) enforcing creator royalties on NFT sales late last year, the creators of the Bored Ape Yacht Club made their position clear: they didn’t love it. With yesterday’s Sewer Pass NFT launch, Yuga Labs has taken direct action and blocked secondary trading on certain marketplaces. The Sewer Pass rolled out on Wednesday for owners of Bored Ape or Mutant Ape Yacht Club NFTs, and serves as an access pass to the upcoming Dookey Dash web game. Only Ape NFT owners can mint a free pass, but the Ethereum NFT passes can then…
NFT Web3 used to think it could take on Spotify. Scores of up-and-coming streaming services not so long ago genuinely believed their motley assortment of (often brilliant) degens had what it would take to unseat the legacy streaming giant, as well as its competitors: Apple Music, Tidal & Co. Such bold aspirations ought to be applauded, but they were never fit to last, really. Now, scratch a record, drop a beat and check today’s top music NFT charts, err projects and startups. Early days of a revolution They’re finding niches and real world use cases, funneling down the big business…
The year 2023 has started on a mixed note for the NFT market. There have been a couple of ups and downs, so I suggest looking at them and discussing in detail what direction the space is currently moving.ETH & SOL – Absolute DominatorsAccording to NFT Price Floor, NFT sales dropped significantly in the second week of the year, falling by 59.35% from the previous week. During the last seven days, NFT sales totaled $208 million, with the Ethereum blockchain alone accounting for $157 million.Last week’s best-selling NFT collection was the Bored Ape Yacht Club (BAYC), which generated $16.69 million in…
Big Time released details about their airdrop program, designed to reward NFT holders and active players. This airdrop includes over 100K Utility NFTs, distributed over eight months based on Collectible holdings and game playtime. Big Time has planned to reward their players and NFT holders ever since they revealed their general economic plans a few months ago. And now, this multiplayer, fantasy, RPG announces their plans to airdrop 108,000 Utility NFTs to their players. Distributed over eight months, these Mystery Box rewards can even contain Mythic level items! These Utility NFTs are used with Spaces to create crafting areas. Mystery…
NFT Sports-focused non-fungible token (NFT) company Candy Digital announced a Series A extension funding round earlier this month but didn’t specify the monetary amount. The news followed media reports that sports merchandiser Fanatics was selling its 60% stake in Candy Digital but, again, the amount wasn’t included. A new filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday finally provided some financial figures. According to the filing, Candy Digital had raised $38,449,997 from 14 investors in an equity offering, more than half of the $68,188,480 overall that the company is seeking to raise in the sale. The offering…
The United States Department of Justice announced a “major international cryptocurrency enforcement action” against crypto firm Bitzlato and the arrest of its founder, Anatoly Legkodymov.In a Jan. 18 announcement, U.S. Deputy Attorney General Lisa Monaco said that authorities had taken enforcement actions against Bizlato in coordination with France, seizing Bitzlato’s website and labeling the business as a “primary money laundering concern” connected to Russian illicit finance. According to Monaco, the Department of Justice worked with the Treasury Department and French law enforcement to take action against Bitzlato for “conducting a money transmitting business that transported and transmitted illicit funds and…
NFT NYX Professional Makeup is launching an online beauty “incubator” in the form of a DAO called GORJS, as well as 1,000 Ethereum NFTs called the “FKWME Pass,” the L’Oréal-owned brand announced Thursday. GORJS, pronounced “gorgeous,” aims to set a precedent for “what beauty will be in the metaverse, and lead the cultural conversation as it relates to the values of diversity, inclusivity, and accessibility,” according to the DAO’s litepaper, or technical explanation. The DAO was first announced last June, but it’s finally launching in the near future with the same vision intact. The FKWME NFT passes will be released…
According to a Jan. 19 announcement by Binance, the cryptocurrency exchange has tightened its rules for nonfungible tokens, or NFT, listings. Starting Feb. 02, 2023, all NFTs listed on Binance before Oct. 2, 2022, and have an average daily trading volume lower than $1,000 between Nov. 1, 2022, and Jan. 31, 2023, will be delisted. In addition, after Jan. 21, 2023, NFT artists can only mint up to five digital collectibles per day. Binance NFT requires sellers to complete know-your-customer (KYC) verification and have at least two followers before listing on its platform. In addition to the revised rules, Binance said it…
While non-fungible tokens (NFTs) took a nosedive in popularity last year due to dwindling investor sentiments, the asset class has been gaining renewed user interest since the start of the year. The NFT market has seen strong activity over the past few weeks as the broader crypto market gradually recovers from the 2022 crypto winter. New data suggests that Ethereum-based NFTs have witnessed a massive surge in activity over the past couple of weeks. Ethereum NFT Projects Record Increased User Activities According to data provided by Nansen data journalist Martin Lee, Ethereum-based NFT projects have seen an increase in their…
NFT The former Head of Digital at the globally renowned Gagosian gallery is taking her experiences in the art world to Web3. Susannah Maybank, who spent years in fine art, is building Tonic.xyz, an NFT gallery focused on curating generative art collections by providing artists the infrastructure to mint their code on-chain. Maybank co-founded Tonic with Mariam Naficy, founder of online design marketplace Minted. The first collection on Tonic will launch Jan. 31 andfeature a generative art collection from Jaime Derringer, artist and founder of publication Design Milk. Generative art has had its moment in a chilling crypto winter, where…
