NFT Archives - The Block

Renee Francis, Take3: The transformative potential of Web3

The Block caught up with Renee Francis, Founder and Director of Take3, to discuss the transformative potential of Web3.

With a background in marketing and extensive experience with platforms such as Facebook, LinkedIn, and Google, Francis offers a unique perspective on the issues that Web3 aims to address.

In this interview, she shares insights into the benefits of Web3, the challenges it faces, and her excitement for various projects in the space.

Data...

15 September 2023 | Altcoins

Coinbase’s CEO shares his top 10 most exciting Web3 ideas

Coinbase co-founder and CEO Brian Armstrong is basking in the glow of a successful week as the value of his company's stocks soared, riding on the rising hopes for a Bitcoin spot Exchange-Traded Fund (ETF).

Armstrong kept the good vibes going by sharing the 10 ideas he’s “most excited about” in the Web3 space.

"We're actively developing numerous projects at Coinbase, but considering the vast landscape, it's not possible to tackle everything. Therefore, I thought...

31 August 2023 | Altcoins

Benno Schmitzer, KURZ Digital: The NFT revolution and future of Web3

Can you tell us a little bit about Kurz Digital and what the company does?

KURZ Digital Solutions is the digital incubator of the KURZ Group which is a leading global expert in thin-film technology with more than 5,500 employees and numerous international locations. Its customers include the world's biggest brands and companies - from the automotive industry to consumer electronics, health & beauty, and product and anti-counterfeit protection.

The tasks of KURZ...

23 August 2023 | Blockchain

SK Telecom and Polygon Labs partner to build Web3 ecosystem

SK Telecom (SKT) and Polygon Labs have entered into a strategic partnership to build a flourishing Web3 ecosystem.

The signing ceremony for the agreement took place at SK Telecom's headquarters in Seoul and was attended by Oh Se-hyun, Vice President and Head of Web3 CO at SKT, and Marc Boiron, CEO of Polygon Labs.

The agreement outlines several key initiatives that SK Telecom and Polygon Labs will jointly undertake.

A highlight of this collaboration includes...

21 August 2023 | Altcoins

Surrey school becomes first in UK to conduct Web3 & NFT digital safety workshops

Seren Kids, in partnership with Rydes Hill prep school in Guildford, Surrey, has conducted a Web 3 & NFT workshop for 7- to 11-year-olds, in what is thought to be the first education program of its kind in the UK.

Seren Kids, which runs workshops and summer camps to educate children in digital skills, delivered the training which covered E-safety workshops, Web3 and NFT workshops during the digital skills clubs.

The first session occurred on June 20, 2023, at Rydes...

17 August 2023 | Blockchain

Trump’s second NFT series sells out on day one

Another non-fungible token (NFT) collection licensing the name and likeness of former US President Donald Trump has sold out, one day after launching on 18 April.

The second of its kind, the ‘Trump Digital Trading Cards Series 2’ collection features 47.000 NFTs that were originally priced at $99 each, netting the former President a cool $4.65 million.

On the secondary reseller market, the collection has reached 890 Ether in trading volume since...

19 April 2023 | Digital Assets

Nike deepens its web3 presence with .SWOOSH platform

Nike is going deeper down the web3 rabbit hole with the unveiling of its own platform.

The iconic brand is launching .SWOOSH (pronounced “dot swoosh”), a platform where fans can buy – and even co-create – virtual items.

“Web3 digital technology has opened the door for creators and collectors like never before (shoutout to our friends and mentors at RTFKT for leading the charge and helping us understand what’s even possible),” the company explained in a blog...

15 November 2022 | Blockchain Applications

UK Parliament launches inquiry into risks of NFTs

A British Parliament committee is planning an inquiry into the benefits and risks of non-fungible tokens (NFTs) and wider blockchain technology as a whole.

The Digital, Culture, Media and Sport (DCMS) Committee will assess whether NFT investment poses a risk to vulnerable speculators.

Julian Knight, Chair of the DCMS Committee, said: “NFTs swept through the digital world so fast that we had no time to stop and consider.”

NFTs broke onto the mainstream last...

15 November 2022 | Legislation & Government

Blockchain Expo: Maturing blockchain industry paves the way for enterprise adoption

A session at this year’s Blockchain Expo Europe highlighted that blockchain is reaching a stage of maturity that paves the way for enterprise adoption.

The session was presented by Pedro Lopez-Belmonte, Senior Manager of Web3 and Technology Innovation at Richemont, on day one of Europe’s leading blockchain conference.

One of the first charts presented during the session was Gartner’s hype cycle, which shows blockchain platforms now leaving the trough of...

20 September 2022 | Blockchain

OpenSea will not support forked NFTs after ETH Merge

With the Ethereum Merge scheduled for 15 September, NFT marketplace OpenSea has said it plans to focus its support on NFTs that are on the upgraded proof-of-stake (PoS) blockchain.

The company took to Twitter to confirm that whilst the OpenSea team is not speculating on potential forks, they will not be reflected on the OpenSea marketplace as the platform will only be supporting the upgraded Ethereum chain.

The NFT marketplace also highlighted that its team is preparing...