Coinbase launches NFT campaign, seeks implementation of pro-crypto policies

Coinbase, a San Francisco-based cryptocurrency exchange, has launched a non-fungible token (NFT) campaign dubbed “Stand With Crypto” to empower the community and promote implementation of favorable policies. The launch comes after Coinbase sued the United States Securities and Exchange Commission (SEC) earlier this week requesting clarity about the agency’s position on crypto legislation. Coinbase blue shield NFT The campaign, launched on April 25, features a blue shield on Coinbase’s commemorative NFT. It represents the group’s effort to safeguard and advance the potential of cryptocurrency.  Coinbase urged campaign participants to add…

William Shatner unveils NFT collection, says crypto to explode

During Consensus 2023, held on April 27, the famed actor William Shatner, known as Captain Kirk in the Star Trek franchise, unveiled an NFT line, which would follow his popular collection from three years earlier as he gave his prediction on crypto. The 92-year-old actor discussed the reasons for his enthusiasm for web3 in the entertainment industry and his thoughts on the state of cryptography when humankind reaches the Star Trek period.  Shatner’s blockchain journey According to Shatner, his first time working with NFTs occurred in 2020, when 125,000 William…

Comedy club NFT debacle teaches lesson in transparency

In Venezuela, humor plays an important role, either as a form of protest or a way to make sense of reality.  In November 2021, humor and nonfungible tokens (NFTs) were combined with the launch of the Comedy Monsters Club (CMC) project. The project was led by Roberto Cardoso, better known by his former stage name “Bobby Comedia,” and co-founded with brothers José David Roa and David Roa. The project was advertised as the only comedy club to use NFT collectibles as membership. However, the hype would quickly turn to confusion…

William Shatner Warps Into Web3 With ‘Infinite Connections’ NFT Release

Orange Comet CEO Dave Broome, who also spoke at the conference, revealed how the deal with Shatner occurred, and how Shatner’s intellectual curiosity was a key component. “This is a man at 92 who is still inquiring, and still has an ability to learn and embrace technology and understanding what it could do,” Broome said. “What we’re interested in doing is taking someone like iconic legendary William Shatner and all of the millions and millions of fans that he has, and bring them over into web3.” Source

NFT markets are out of balance with sellers dominating: Data

Recent data has revealed that throughout April, the nonfungible token (NFT) market has consistently seen more sellers than buyers, without a single exception. According to data from the analytics platform NFTGo, there were only 7,907 buyers on April 26, while there were 8,641 attempting to sell their NFTs. Days before, on April 19, the NFT market hit its second lowest point in the past twelve months, with only 5,893 buyers – a slight increase from the lowest recorded date in the past twelve months, which was on June 18, 2022, with…

Web3 Culture is Not Dead, Say Brand Leaders, NFT Builders

“When you take all these top brands creating case studies and proof of concepts and exploring the space, that creates another entry point for someone who’s in another part of the world operating the culture in a different way,” said Gilliam. “The leaders that we have in the space right now, whether it’s an NFT project or a [decentralized application], they’re solving problems for a specific group of people.” Source BrandBuildersCultureDeadLeadersNFTWeb3 CryptoX Portal

Art Blocks Co-Founder Erick Calderon Uses Free Market Ideals to Defend NFT Creator Royalties

Calderon delivered a defense of creative royalties – and the incentives that they encourage on the part of artists – that wouldn’t be out of place in an Ayn Rand novel. According to Calderon, NFTs incentivize artists to think more deeply about their artwork and engage continuously in the NFT community. With the prospect of a bigger, prolonged payday, Calderon thinks artists will create better, more valuable artwork – with the benefits (and profits) trickling down to speculators. Source

Romania to launch national NFT marketplace: Nifty Newsletter, April 19–25

In this week’s newsletter, read about how Romania plans to drive Web3 adoption in the country using NFTs. Check out how Sotheby’s will auction off some NFTs of the collapsed crypto hedge fund Three Arrows Capital. In other news, find out how games and tokenization are driving the maturation of the NFT space and how a second batch of Trump NFTs sold out a day after launch. And don’t forget this week’s Nifty News featuring Yuga Labs’ victory in court. Romania plugs into Web3 with national NFT marketplace Romania’s National…

Coinbase CEO Brian Armstrong Backs NFT ‘Stand with Crypto’ Campaign

Coinbase emphasized that all proceedings related to Stand with Crypto NFT collection launched through ZORA will be donated to vetted organizations. The biggest cryptocurrency exchange in the United States Coinbase has recently filed a lawsuit against top financial regulators Securities and Exchange Commission (SEC). The move comes after months of embittered relations between the two parties over SEC’s stringent regulatory policies for all companies dealing with crypto. As the crypto exchange chooses the legal path to get regulatory clarity, Coinbase CEO Brian Armstrong minted an NFT recently and asked the…