Author: Damocles
Damocles
Damocles is a self-imposed web3 nomad with a background in journalism and education. Having served as a freelance writer for three years, he decided to focus on one area he loves: the blockchain industry. He enjoys the drama, controversies, and pleasant surprises of this growing arena, pumping him to write more daily. To this day, he still considers himself a newbie who is dead set on honing his skills and being more involved in web3 projects.
Degen Sweepers, one of Solana’s most controversial non-fungible token (NFT) collections, was met with ‘sweeping’ criticisms from many collectors as it failed to sell out during the minting event on July 25 (8:00 PM CET) with a mint price of 5.1 SOL. . As of press time, only 1,883 out of 10,000 Degen Sweeper NFTs were sold, leaving over 8K unminted while secondary sales are ongoing. On the other hand, it has also received praise from the collectors who have successfully minted and proudly displayed their NFTs. As a result, it became the 4th biggest Solana collection (by trading volume)…
Nickelodeon’s mother company, ViacomCBS, has partnered with the non-fungible token (NFT) solutions company Recur to bring two of its biggest brands into the metaverse: ‘Hey Arnold’ and ‘The Rugrats’ as NFT collections. As of this writing, the Nickelodeon NFT collection currently ranks as the top collection in the OpenSea, with over $1.88M (1.2K ETH) in secondary market sales. The so-called “football-head” has been a big part of the 90s’ kids’ life, dominating the boob tube every weekend or after school hours. And while one of Nickelodeon’s most famous cartoons has long ended, Arnold and the gang have recently made a…
The Yawww platform caused some controversy after announcing its upgrade from a mere P2P NFT trading platform to a full-blown marketplace because of one primary reason: it allows NFT traders to bypass the royalty fees embedded in smart contracts, allowing them to sell their NFTs without giving a cut to the original creators. This has become quite controversial since: many acknowledged that most royalty fees of NFT projects on Solana have been set too high, many also see this as a way to prevent artists from making money from secondary sales,some believe that many NFT projects might fail because of…
When FTX, Andreessen Horowitz, and Coinbase Ventures fund a new layer (L1) blockchain platform, something big is probably being developed. But not much media attention has been given to Sui as of today. But considering that smart money is assembling around it, this might actually be the next big L1. Like Solana, Sui, is considered to be a highly-scalable blockchain. Interestingly, it is built on a new smart contract language that is based on Rust and designed to represent digital assets and the safety operations required to manage them. Furthermore, its nodes can scale network transaction capacity infinitely with minimal…
Nike turned a lot of heads after it decided to acquire a digital sneaker company last December 2021. While this isn’t the footwear and apparel titan’s first foray into web3, it is the first time we’ve seen a brand of such iconic influence buy out an entire non-fungible token (NFT) project. But truth be told, it was already making big waves since 2020. Shortly after its establishment, RTFKT had already made $600,000 in revenue in its first year, which is quite a feat for a small studio with a skeleton team of two full-time employees. From there, the studio has…
Dogami is the most anticipated blockchain game in the entire Tezos ecosystem if trading volume is our main indicator. Imagine being able to adopt a virtual dog powered by AI technology that you can interact with through an augmented reality (AR) app on your mobile device. You can train and personalize your dog, breed them with others, as well as compete in challenges to earn $DOGA tokens across the Petaverse: an all-new amplified gaming experience that essentially blends the powers of nostalgia and community. What is Dogami? Dogami is a play-to-earn (P2E) game and a non-fungible token (NFT) collection composed…
When Gary Vaynerchuck announced that he was launching an NFT collection back in May 2021, many were thrilled to have one of the most remarkable entrepreneurs join the space as he is quite a respected figure in multiple industries, including digital marketing, social media, and wine. Above all, he leverages a network of hardcore entrepreneurs garnered from years of providing high-value content around building a brand, business, and community. His foray into the NFT world has helped legitimize the space as he strongly believes that the technology will one day be incorporated into most small businesses for setting up memberships,…
Not everybody’s a fan of the metaverse, we get it. That doesn’t change the fact that metaverse stocks are one of the most predicted high-growth assets of the century. Even bankers agree, with Goldman Sachs forecasting that around 15-33% of digital transactions will eventually switch to the metaverse. Citigroup also predicts that the combined market value of metaverses will reach up to $13 trillion by 2030. Not that investors need convincing. Big businesses are unfazed by skepticism and have already opened their billion-dollar war chests. Over $120 billion have been invested by global companies into digital universes (including metaverse stocks…
