Jambu Palaniappan, a managing partner at OMERS Ventures: “Our belief in web3 is that we’ll see a wave of companies that take advantage of that gap but with a higher degree of scrutiny on the value they provide. We’ll also see a very clear push for regulation in the sector.”
TechCrunch surveyed more than 35 investors, and it turns out the majority are not only actively investing in the category, they also harbor hopes of a shining future for what they feel is a potentially transformative technology.
https://t.co/Gszk8ztKye
With the continued growth of NFTs, generative art NFTs have now become a sought-after form of NFT art. People can easily collect and own a piece of generative art thanks to NFTs. This could potentially help to boost the overall generative art market.
https://t.co/m1jX4Rdyhv
NFTs have stuck around. Perhaps like the dot-com crash of the early 2000s, many NFT startups will wither away under the market’s intense scrutiny—and the few that survive will remake the digital world.
https://t.co/3xbTyB6aqF
How do you add an NFT as your profile picture on Twitter? Technically, you could right-click on the NFT and save the image as a JPEG and then upload it. But this doesn’t prove that the NFT is actually yours. Twitter Blue has a slightly lengthier process..
https://t.co/hK2SSsLps8
NFTs provide many benefits when successfully integrated into event marketing. In the near future, NFTs could be used as event tickets to offer exclusive rewards and also provide souvenirs to event attendees.
https://t.co/XTiI9aShWG
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With regulators now circling the NFT is at a crossroads. The consensus among industry insiders is that, for the technology to achieve widespread adoption and continued cultural relevance, it will need to be recast in a different light.
https://t.co/9zma0kZzba
At the Consumer Electronics Show (CES), LG Electronics will unveil "monster" digital virtual shoes made with non-fungible token (NFT) technology, along with a shoe care and storage exhibition.
https://t.co/Qd8MKnimJY
Like other assets that have been tokenized as NFTs —art, season tickets, carbon credits and more—real estate NFTs are gaining traction because they solve real-world challenges like process efficiency and transparency of ownership confirmation.
https://t.co/GFCWFWIYAn
The first Web3 project Porsche has planned is a 7,500-piece NFT collection based on the classic Porsche 911. The NFTs are scheduled to be released in January 2023, and Hamburg designer Patrick Vogel will create each piece.
https://t.co/GVdFVGaE4D
The music industry is evolving. Musicians and record labels have begun experimenting with NFTs to help them engage with their fanbase in ways they never could before, in hopes of seizing on the positive possibilities of blockchain tech.
https://t.co/rPwX0fCCHk
Recently, big-name entertainment company Disney, which is highly catered toward children, has expanded to include crypto-savvy team members and created partnerships with the Polygon blockchain network.
https://t.co/cEr3wjKoqh