NFTs and Digital Art – Understanding the Boom
The increasing value of NFTs has created a new digital art and collectibles market. Formerly an unnoticed aspect of blockchain technology, NFTs and digital art have experienced a boom thanks to their adoption in the arts and entertainment industry. Artists, collectors, and investors are rushing into this unexplored region as digital art finds new life […]
Digital Assets and Intellectual Property Rights: A New Frontier
The legal framework regarding intellectual property is more complex than ever as technology continues to transform how we produce, distribute, and consume content. Additionally, as the digital landscape grows, digital assets and intellectual property rights present a new frontier. Digital assets are intangible items you can own, purchase, and sell in an online marketplace. As […]
Lawmakers Probe Apple’s App Store Policies on Blockchain, NFTs
Lawmakers are investigating whether Apple’s stringent guidelines might inadvertently stifle innovation and hinder the growth of cutting-edge technologies. United States Representatives Gus Bilirakis and Jan Schakowsky penned a formal letter to Apple CEO Tim Cook about concerns related to the California-based company’s App Store, and the potential effect of its guidelines on emerging technologies like […]
Bybit with Red Bull Racing to Launch F1 Data-Inspired NFTs
Bybit, teamed up with Red Bull Racing, has announced the Velocity Series, a groundbreaking digital art collaboration that will create unique NFTs based on race data from the F1 car. The Velocity Series project will merge art and racing by creating unique non-fungible tokens (NFTs) inspired by race team data and telemetry from the RB19 […]
OpenSea Faces Backlash for Removing EtherFi NFTs
EtherFi, a liquid staking protocol, has published an open letter criticizing OpenSea for removing its EtherFan NFTs from the platform without notice or reason. The two projects had been collaborating on the collection’s launch for weeks, which features NFTs backed by staked ETH. EtherFi’s founder and CEO, Mike Silagadze, stated in the letter that OpenSea […]