NFTs

NFTs

Web3

Pudgy Penguins NFTs: Everything You Need to Know About the Adorable Animal Project

The collection of 8,888 chubby cartoon penguins embodies a happy vibe, but the project has faced controversies along its way.

(pudgypenguins.com)

Web3

Music Albums as an Asset Class

NFTs enable 6 major shifts in the music industry, which could lead to new investment opportunities for clients of financial advisors.

(serggn/GettyImages)

Web3

Crypto Custodian Aegis Is Offering Free Services to Women-Led Companies

The company, which is U.S.-qualified through its entity Aegis Trust, aims to help boost gender parity in crypto through the initiative.

(Andrei Akushevich/Getty Images)

Web3

From FOMO to JOMO: Web3 Mental Health Collective Peace Inside Live Launches NFT Collection

The collection, which encourages holders to practice the “Joy of Missing Out,” will donate primary sale profits across five mental health organizations in honor of May’s Mental Health Awareness Month.

The JOMO Effect (peaceinside.live)

Web3

Elon Musk Tweets a Milady NFT, Floor Price Soars on OpenSea

The Twitter CEO shared a gif of the counterculture NFT declaring, “There is no meme, I love you,” shooting the collection to the top trending spot on the marketplace.

Milady 8835 last sold for 0.35 ETH (about $1,000) on OpenSea. (Remilia, modified by CoinDesk)

Web3

Binance’s NFT Marketplace Adds Support for Bitcoin NFTs

The leading cryptocurrency exchange will allow NFT collectors to purchase tokens on the Bitcoin network directly through their Binance accounts – bypassing the need to create a separate wallet for inscriptions.

(Danny Nelson/CoinDesk)

Web3

NFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity

Blend, the name of NFT marketplace Blur’s new lending platform, allows traders to lease NFTs to bolster liquidity. However, concerns have been raised about its impact on broader NFT markets.

Blend (Blur.io)

Web3

Alibaba Says ‘Open Sesame’ to Web3

The Chinese tech giant is releasing a metaverse launchpad. Plus, Sports Illustrated announces an NFT ticketing platform.

XCOPY "Departed" and "Right Click Save Guy" (Sotheby's Metaverse, modified by CoinDesk)

Web3

Palm NFT Studio Rolls Out Generative Art Tool for Creators

The product plugs into the Unreal Engine, a 3D software tool helping creators build out generative art NFT collections.

Palm Generative Art Maker (Palm NFT Studio)