NFTs

People Are Outraged About NFT Energy Consumption

The recent NFT boom is spurring concern that the environmental impact of minting these tokens might not be worth the benefits this emerging market is creating, with at least one artist canceling his NFT drop. In brief, blockchain mining is very energy intensive, and by extension, so is mining NFTs.  Both the Bitcoin and Ethereum …

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Withdrawal Delays Highlight NBA Top Shot Centralization

With over $230M in gross sales since launch and affiliation with one of the most lucrative sports franchises in the world, there’s one important question NBA Top Shot fans should be asking themselves: Do they actually own their NBA Top Shots? Top Shot users are experiencing several days of delays in the withdrawal of funds …

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Destigmatizing the Blockchain: Sex Workers in NFT CryptoArt

The last time a stranger called me a “whore” in an effort to insult me, I was standing in line outside of a grocery store, wearing what any confident woman might wear on a beautiful morning in Los Angeles. I thanked her. I knew upon entering cryptoart last fall that there was quite a task …

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Aavegotchi NFT

Aavegotchi NFT Drop Sells Out in Under One Minute

Aavegotchi, a DeFi game revolving around digital “fren” avatars similar to Tamagotchi, sold out of their first drop of 10,000 NFTs in under one minute. Including additional sales of “wearable” and “consumable” NFTs that players can use on their Aavegotchi, collectors bought $5.5M worth of tokens. The Aavegtochi NFTs came in the form of “Portals,” …

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NFT funding

A Quick Guide To Accelerators Funding NFT Startups

Accelerators supporting startups that focus on or utilize non-fungible tokens, here described as NFT startups, include both newly established Web 3 accelerators as well as historical players in the accelerator space. In addition, many of these accelerators are associated with venture funds that have invested in NFT startups. Accelerators are a well-developed funding and development …

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