Nike takes illegal NFT sneaker vendor to court
The NFT sneakers that prompted the lawsuit against StockX are still available online. Nike has kicked off the “licensed NFT” warfare by suing an online reseller named StockX for trademark infringement or the sale of unauthorized nonfungible token (NFT) footwear. Nike vs StockX According to Reuters, Nike has filed a lawsuit against the reseller in […]
5 musicians you never knew joined the NFT craze
The NFT craze is becoming widespread and has got a lot of people talking. Several artists, as well as celebrities, have been caught by the NFT wave, and from all indications, many are set to join. Over the last 3 months, we’ve seen a wave of artists as well as musicians, footballers etc joining the […]
John Legend catches the NFT wave
John Legend, a well-known singer, songwriter, and producer, has established an NFT platform for musicians and entertainers. Chris Lin, the CEO of the digital music provider KKBOX, Kevin Lin, the Co-Founder of Twitch, and Matt Cheng, the Founder of Cherubic Ventures, are John Legend ‘s partners in the endeavor. John Legend joins the NFT craze The 12-time Grammy Award winner said in a recent interview that his NFT platform will […]
Pixel Vault secures a $100M funding round for its NFT development platform
Pixel Vault was one of the driving forces behind a December 2021 NFT collaboration with PUNKS Comic, Bored Ape Yacht Club, GMoney, and Adidas Originals. Velvet Sea Ventures and 01 Advisors, two operator-led venture capital firms, put $100 million into Pixel Vault, a massive nonfungible token library of superheroes, to form Pixel Vault Inc., a […]
Kanye West has no plan to do NFTs for now
The NFTs space has welcomed a lot of celebrities from across all sectors. Rapper and entertainer Kanye West does not buy the idea of NFTs, in his recent Instagram post he says he’s getting lots of requests to create NFTs but he wants products in the real world. Not yet—and don’t bother asking. “Do not […]