The digital art ecosystem is evolving rapidly, and platforms like Gamma are at the forefront of this transformation. With its latest integration of Bitcoin Layer 1 Ordinals and Stacks Layer 2 NFTs, Gamma is not only enhancing user experience but also positioning itself as a pivotal player in an increasingly competitive marketplace. The anticipated Stacks
Digital Art
The Digital Chamber (TDC) has urged Congress to pass legislation that would designate certain non-fungible tokens (NFTs) as consumer goods and exempt them from federal securities laws. This call for action comes in response to the Securities and Exchange Commission’s (SEC) recent enforcement actions, including a Wells notice issued to NFT marketplace OpenSea. TDC argues
The crypto market is infamous for its unpredictability, with prices constantly fluctuating up and down. Despite this volatility, large investors, often referred to as whales, are actively participating in the market. Data intelligence firm Santiment has recently released an analysis highlighting the top ten crypto projects with the most significant increase in whale activity. SuperRare:
Devin Finzer, the CEO of OpenSea, recently made an announcement regarding receiving a Wells Notice from the US Securities and Exchange Commission (SEC). The SEC believes that the NFTs traded on OpenSea’s platform should be classified as securities. Finzer’s response to this notice was one of surprise and defiance, as he expressed shock at the
Samsung has recently announced a groundbreaking partnership with Illuvium at Gamescom 2024, with the goal of transforming home entertainment through the integration of Web3 technology. This collaboration will see the Illuvium gaming universe brought directly to living rooms through Samsung’s innovative Web3 TVs, allowing players to immerse themselves in the world of Overworld, Arena, and
The world of digital art is facing a legal dilemma as Jonathan Mann and Brian L. Frye take on the US Securities and Exchange Commission (SEC). The dispute revolves around the classification of Non-Fungible Tokens (NFTs) representing digital art as securities under US law. Mann and Frye argue that their unique NFT artworks should not
The recent acquisition of KnownOrigin by eBay has caused a significant stir in the digital art marketplace, leading to the abrupt closure of the company after just two years of operation. The company cited shifts in the NFT market as the primary reason for its closure, raising concerns about the longevity and safety of digital
In recent years, the world of digital collectibles has seen a massive surge in popularity, with Non-Fungible Tokens (NFTs) leading the way. These unique digital assets have not only captured the attention of artists and collectors but have also presented new investment opportunities. NFTs, unlike cryptocurrencies such as Bitcoin and Ethereum, represent ownership of exclusive
Bitcoin has inspired a myriad of artworks, with the Bull and Bear symbol being a commonly portrayed motif in the world of crypto-inspired art. However, artist VESA took on the challenge of creating something entirely new with BitRam. This piece symbolizes Bitcoin’s relentless and unconfiscatable nature, offering a fresh perspective amidst turbulent societal times. BitRam
The upcoming auction at Sotheby’s on June 18, featuring a curated selection of Bored Ape Yacht Club-centric Ethereum NFTs from Yuga Labs, comes at a crucial time for the NFT market. The auction aims to not only gauge the fine art community’s interest but also to determine the lasting value of Ape-themed digital assets. However,