The Jungle Freaks nonfungible token (NFT) collection has lost roughly 80% of its trading value overnight after a series of racist cartoons drawn by one of its creators circulated on social media. The project is the brainchild of famed Hustler magazine cartoonist George Trosley and is curated by his son George III Trosley.Many participants from the NFT sale expressed their … [Read more...] about NFT collection’s price takes a nosedive as creator’s racist cartoons circulate
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The rise of environmentally-focused NFT collections
HapeBeast hitting the headlinesThree-dimensional nonfungible token (NFT) project HapeBeast is garnering notable attention on social media following the release of a highly-professional teaser video for their upcoming ape-themed profile picture project. Created by the founder of Digimental Studio London, Digimental, the project encompasses 8,000 unique aesthetic depictions of … [Read more...] about The rise of environmentally-focused NFT collections
Culture converges with blockchain as luxury fashion brands launch NFT collections
It’s no surprise that nonfungible tokens (NFT) have been dominating the crypto market this year. The booming digital asset class generated over $2.5 billion in sales within the first six months of 2021, demonstrating unheard-of financial gains for artists, brands and content creators across the globe. The rise of metaverses has also impacted the adoption of NFTs, as the world … [Read more...] about Culture converges with blockchain as luxury fashion brands launch NFT collections