We’re making some big changes today:
1) OpenSea fee → 0% for a limited time
2) Moving to optional creator earnings (0.5% min) for all collections without on-chain enforcement (old & new)
3) Marketplaces with the same policies will not be blocked by the operator filter
NFTs Are Bloating Bitcoin.
Ordinals, a controversial new protocol deployed on Bitcoin, enables non-fungible tokens (NFTs) to be appended to Bitcoin transactions, effectively bringing NFTs to the largest crypto network by market capitalization. #BTC#NFTs#NFT#Web3
A jury issued a verdict on Wednesday, February 8, awarding Hermès $133,000 in total damages and finding that Rothschild’s NFTs aren’t protected speech under the First Amendment.
#Web3#NFTs#NFT
Gm fam,
Hermès Wins NFT Trademark Lawsuit
as the lawsuit between luxury brand Hermès International SA, and Mason Rothschild, the artist behind the MetaBirkin NFT project, has been settled. 🧵⬇️
Gm fam!
Hermès is suing Rothschild, the creator of Birkin-inspired digital works such as the Baby Birkin and MetaBirkins. That case went to trial on Monday—the first ever on NFT trademark.
#NFT#Web3
According to a report from Blockworks, Amazon is about to enter the chat. The world's largest retailer is launching a digital assetsenterprise, with an NFT initiative expected in the Spring. 🧵⬇️
Amazon has been exploring partnerships with power players in the industry, including layer-1 blockchains, blockchain-gaming startups and developers, and digital asset exchanges.
NFT platform Sorare signs deal with Premier League - Sorare is a fantasy sports game based on NFT (Non-Fungible Tokens). The idea is to bring the Panini album of yesteryear to #Web3.
#NFTs#blockchain#web3
German Asset Management Giant DekaBank To Offer Bitcoin And Crypto. DekaBank, one of Germany’s largest asset managers, has selected Swiss crypto services provider Metaco to offer bitcoin related products.
#Crypto#Web3#blockchain
Singapore-registered Conflux has gained government endorsements in some parts of China and has collaborated with brands such as McDonald’s China.
#NFTs#NFT#web3#China
Influencers on Xiaohongshu have recently been strutting NFT clothes. The virtual costumes could start from 20 yuan (US$2.96) for a head ornament, to a sci-fi-themed dress priced at 5,000 yuan on R-Space.