Category Archives: News

‘Most high-end art NFTs ever’

‘Most high-end art NFTs ever’
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Popular NFT collector “punk6529” today unveiled an ambitious open Metaverse project that is looking to attract 100 million users.

The self-funded project is dubbed “OM” and aims to be an open platform that is built and shared by the community. The broader vision for the project is to launch 10 self-governing cities with a max population of 10 million each.

The museum district of the first city (Genesis City) was launched in alpha mode earlier today, with punk6529 bullishly telling their 323,200 Twitter followers that it might be “the most high-end art NFTs ever displayed in one place.”

A promo video for OM shows a long list of NFTs from top projects such as CryptoPunks, Tyler Hobbs’ Fidenza collection, Bored Ape Yacht Club and Art Blocks. At this stage, there are 2000 NFTs on display that belong to either punk6529 or the project’s team members. However new users will be also able “load” their NFTs into OM’s galleries.

The NFT proponent outlined that they are not looking to charge fees or generate crowdfunding at this stage, as they look to deliver a working product before scaling up via investment. At this stage, anyone is free to join and build in the alpha, as long as their “ideas match” that of the museum district.

“I do not want your ETH, I want your input on how to design OM. I collect in public, I invest in public and we are going to build OM in public together.”

“The fundamental governance model of OM is at the district level: Districts can either be ‘developed’ or ‘open’. 6529 is going to develop the 6529 Museum District for example. Others can develop others. Others can be free-for-all experimental spaces,” they added.

In terms of scale, punk6529 stated that the museum district has 25 active buildings in the center square, along with another 2000 buildings that are yet to be activated.

“Each building can host between 1 to 100 spaces, so this district type can easily host 100,000 citizens,” punk6529 said.

The NFT collector also offered their take on an open Metaverse, noting that they envision OM as having “no one party in charge. A Metaverse where you don’t have to worry ‘who is the shareholder and do you agree with them?’.

“This is not so shocking, humans have accomplished this before. There is not one human being in charge of: email, or HTML or TCP/IP or Bitcoin or ERC-721.”

Related: Animoca Brands to bet big on MMORPG blockchain games

For the project to grow and attract a mainstream audience, punk6529 notes that it will have to be affordable, user friendly and provide a bridge to the real world to scale beyond “ETH/crypto degens.”

If all goes to plan, OM will transition into a public beta around June or July if the Metaverse attracts enough users and the tech is able to support further development and large spaces.

Cointelegraph has reached out to punk6529 for more information on the project and will update the story if they respond.

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The Nightly Mint: Daily NFT Recap

The Nightly Mint: Daily NFT Recap
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Another day, another TV show headed to mint. Meanwhile, there’s another ecommerce conglomerate who is seemingly bulllish on NFTs. It’s another daily recap of all things NFTs.

The Nightly Mint

Latest Mint: American Idol

In yesterday’s ‘Nightly Mint,’ we covered television channel AMC’s new ‘The Walking Dead‘ NFTs that went to listing. Today it’s ‘American Idol,’ who have partnered with ThetaDrop to release new “predictive” NFTs to celebrate the 20th season of the long-running pop culture TV franchise. Card packs will be available for $99; collectors who hold NFTs of the artists that remain through elimination rounds will receive airdrops. Regardless of how you feel about the show, it is admittedly a pretty damn cool way to engage with fans and viewers – and one that we haven’t really seen executed thus far.

Related Reading | Bitcoin STH SOPR Breaks Above 1 For First Time Since December

ThetaDrop operates on the Theta Network, and is the latest NFT project to integrate classic TV IP by way of a new deal with American Idol. It's arguably the biggest partnership to date for ThetaDrop. | Source: THETA-USD on TradingView.com

Amazon CEO Sees An Optimistic Future For NFTs

Amazon CEO Andy Jassy has had plenty of uphill climbs in his short tenure replacing the long-time Bezos. Between inconsistent costs of shipping, looming challenges around unionization, and plenty more – Jassy found time to talk crypto today, as he elaborated that the company will not be accepting cryptocurrency as payment anytime soon. However, Jassy added that “but I do believe over time that you’ll see crypto become bigger,” and didn’t rule out NFTs, saying that “I think it’s possible down the road on the platform.”

The ‘Minty Fresh’ Take

We encourage you to take a moment to breathe and leave ‘utility’ out of your NFT jargon. Just for a moment.

Related Reading | Uniswap Launches Product In The Midst Of Lawsuit, UNI Reacts To The Downside

Featured image from Pexels, Charts from TradingView.com
The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.

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SEC case is going ‘much better than I hoped’

SEC case is going ‘much better than I hoped’
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Ripple CEO Brad Garlinghouse is increasingly optimistic that the long-running case with the Securities and Exchange Commission (SEC) will deliver a positive result for the blockchain-based global payments company. 

Speaking on the main stage at Paris Blockchain Week on Thursday, Garlinghouse told attendees of the fireside chat that Ripple’s defense in the ongoing case was faring better than he expected.

“The lawsuit has gone exceedingly well, and much better than I could have hoped when it began about 15 months ago.”

The SEC filed suit in 2020 against Ripple and its senior executives Brad Garlinghouse and Christian Larsen for selling unregistered securities in the form of XRP.

The comments come following a RippleNet community lawyer’s announcement that Ripple had secured a “very big win” against the SEC after Presiding Judge Sarah Netburn denied the SEC’s request to reconsider shielding documents under privilege. The documents were related to a speech delivered by former-SEC Director, William Hinman, where he specified that Bitcoin (BTC) and Ethereum (ETH) are not securities.

“This case is important, not just for Ripple; it’s important for the entire crypto industry in the United States,” said Garlinghouse.

He added that if Ripple were to lose the case, a precedent could be set that would see most tokens on cryptocurrency exchanges become recognized as “securities” by the SEC.

This would mean that exchanges can be forced to register with the SEC as brokers and exchanges would be compelled to register the identity of all token holders.

Related: SEC scores a minor victory in legal dispute with Ripple Lab

“If you determine XRP as a security of Ripple, we have to know every person that owns XRP,” he said. “That’s an SEC requirement. You have to know all of your shareholders. It’s not possible.”

However, a convincing Ripple victory could see the SEC take a step away from its aggressive pursuit of the crypto industry.

Stay up to date with Paris Blockchain Week with live updates from Cointelegraph. Check the first-day coverage here.  See the second-day reporting here. 

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Crypto Will Become Bigger, NFTs Will Grow ‘Very Significantly’ – Featured Bitcoin News

Crypto Will Become Bigger, NFTs Will Grow ‘Very Significantly’ – Featured Bitcoin News
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The CEO of e-commerce giant Amazon is optimistic about crypto and non-fungible tokens (NFTs). He says that over time crypto will “become bigger” and NFTs will continue to “grow very significantly.”

CEO on Amazon Accepting Crypto Payments and Selling NFTs

Amazon CEO Andy Jassy talked about cryptocurrency and non-fungible tokens (NFTs) in an interview with CNBC Thursday. Jassy replaced Jeff Bezos as president and CEO of Amazon in July last year. He previously led Amazon Web Services (AWS) since its inception in 2003.

Regarding whether Amazon will accept cryptocurrency for payments of products on its platform, the CEO affirmed, “We’re not probably close to adding crypto as a payment mechanism in our retail business.” However, he noted:

I do believe over time that you’ll see crypto become bigger.

Commenting on whether he owns any cryptocurrency, the Amazon executive disclosed, “I don’t have bitcoin myself.”

When asked whether Amazon could one day sell NFTs, Jassy replied, “I think it’s possible down the road on the platform.” While revealing that he does not own any NFTs personally, the Amazon boss opined:

I expect that NFTs will continue to grow very significantly.

The e-commerce giant has been hiring crypto experts for various divisions of the company. In November last year, AWS posted a job listing for a principal digital asset specialist who can “help drive adoption across the global digital asset community.”

Amazon also posted a job offer for a digital currency and blockchain expert for its Payment Acceptance & Customer Experience team in June last year with the aim to develop the company’s digital currency and blockchain strategy as well as a product roadmap.

Tags in this story
Amazon, amazon ceo, amazon crypto, amazon crypto payments, amazon nft, amazon selling nfts, Andy Jassy, Andy Jassy bitcoin, Andy Jassy crypto, Andy Jassy cryptocurrency, jeff bezos

What do you think about the comments by Amazon CEO Andy Jassy? Let us know in the comments section below.

Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Is Bitcoin Headed For A Correction After Brief Recovery; Vital Trading Levels

Is Bitcoin Headed For A Correction After Brief Recovery; Vital Trading Levels
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Bitcoin had finally broken past the $40,000 over the past 24 hours owing to Luna Foundation Guard’s (LFG) BTC buying spree. The price action was, however, dampened too soon as the coin after registering a hike of 7%, dipped by 4% at the time of writing. The 24-hour trading volume of Bitcoin also took a hit at the time of writing.

Bitcoin’s fear index read 28 which corresponds with the fear sentiment, this reflected fear surrounding another crash for the king coin. It turns out that there hasn’t been much impact on the prices even after the LFG Bitcoin purchase.

LFG at the beginning of this week had added 2508 BTC which is worth over $100 Million to its UST reserve. This has taken the BTC count to $42,406.92.

Additionally, the U.S inflation rate spiked by 8.5%, a rate that hasn’t been recorded in over 4 decades. The global cryptocurrency market cap stood at $1.95 Trillion after a fall of 2.5% in the past day.

Bitcoin Price Analysis: Four Hour Chart

BTC just started to trade above the $40k mark on the four-hour chart. Image Source: BTC/USD on TradingView

Bitcoin was trading for $40,030 at the time of writing, peeking slightly over the $40,000 mark. The coin had managed to break past its immediate resistance of $40,956 over the last 24 hours.

At press time, however, the asset was trading below the aforementioned resistance mark. Consistent push from the bulls over the next trading sessions could push prices up to $42,000.

A fall from the current price level would mean that BTC would trade near the $38,000 support line. Failing to stay above this, the next support levels stood at $37,000 and then at $33,000.

Trading volume had started to pick up at the time of writing as the last trading session closed in green signifying bullish action.

Related Reading | The Nightly Mint: Daily NFT Recap

Technical Analysis

Bitcoin
Bitcoin is still oversold on the four-hour chart. Image Source: BTC/USD on TradingView

Bitcoin had received a brief recovery in terms of buying pressure, however, after the recent fall buyers exited the market. For most of this month, BTC had witnessed considerably low buying strength.

On the Relative Strength Index, the coin was seen below the half-line which indicated that sellers were more than buyers in the market. This corresponded with the fear index too. For buyers to re-enter, broader market strength is required.

Chaikin Money Flow, which determines capital outflows and inflows was also in accordance with the RSI. Capital outflows were more than capital inflows as seen on the four-hour chart.

Related Reading | Ethereum At $3028, Where Is The Next Critical Support Level For ETH?

Bitcoin
Bitcoin displays a start of positive price momentum. Image Source: BTC/USD on TradingView

Bitcoin might try to reclaim its older levels as the coin again has been hovering close to the $40,000 resistance mark. The asset displayed a positive change in its price as reflected by the indicator above.

MACD determines the price movement of the coin.

BTC witnessed a bullish crossover at the time of writing which meant that over the next trading sessions, BTC could try teaching its immediate price ceiling. MACD had flashed green histograms at the time of writing which had meant bullishness.

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‘Big Short’ Investor Michael Burry Says ‘the Fed Has No Intention of Fighting Inflation’ – Bitcoin News

‘Big Short’ Investor Michael Burry Says ‘the Fed Has No Intention of Fighting Inflation’ – Bitcoin News
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Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that the Federal Reserve “has no intention of fighting inflation.” He added that the Fed’s “Serial half-point hikes are for getting elevation before stocks and the consumer tap out.”

Michael Burry on Inflation and Fed’s Rate Hikes

Famous investor and founder of investment firm Scion Asset Management, Michael Burry, shared his thoughts Thursday on the U.S. economy, inflation, and interest rate hikes.

He is best known for being the first investor to foresee and profit from the U.S. subprime mortgage crisis that occurred between 2007 and 2010. He is profiled in “The Big Short,” a book by Michael Lewis about the mortgage crisis, which was made into a movie starring Christian Bale.

Burry tweeted Thursday:

The Fed has no intention of fighting inflation. Serial half-point hikes are for getting elevation before stocks and the consumer tap out.

“Same with rapid-fire QT [quantitative tightening]. The Fed’s all about reloading the monetary bazooka. So it can ride to the rescue & finance the fiscal put,” Burry added.

At the time of writing, his tweet has been liked 13.8K times and retweeted over 2.2K times. Many people on Twitter agreed with Burry.

One user wrote, “It is correct that the Fed would like room to ease again.” Another noted: “Not just the Fed. Look at all the central bankers around the world raising rates at similar times and similar basis points. Canada and China around the 24th of this month by 50bps. This is coordinated and they think it will work without any major collapse.” A third user opined, “Anyone who doesn’t blame the Fed for out-of-control housing inflation is gaslighting you.”

The rate of U.S. inflation jumped to a 40-year high of 8.5% in March and showed little sign of quickly reversing, according to data released this week. However, many people believe that inflation is much worse than the reported number.

Gold bug Peter Schiff commented Thursday: “According to the government March consumer prices rose by 8.5% YoY. Consumer prices are composed of the prices we pay for the stuff we import and the stuff we produce ourselves. But March YoY import prices rose 12.5% and export prices rose 18.8%. That’s an average rise of 15.65%!”

The president of the Federal Reserve Bank of St. Louis, James Bullard, has repeatedly warned that the Fed needs to raise rates much faster to fight inflation. He told the Financial Times this week that it is “fantasy” to think the Fed can bring inflation down sufficiently without raising rates to a level that constrains the economy.

Meanwhile, Federal Reserve Governor Christopher Waller believes that inflation peaked in March. He said Thursday: “I’m forecasting that this is pretty much the peak. It is going to start to come back down.”

Do you agree with Michael Burry? Let us know in the comments section below.

Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Japan’s Top Messaging App LINE Launches Marketplace With 40,000 NFTs – Featured Bitcoin News

Japan’s Top Messaging App LINE Launches Marketplace With 40,000 NFTs – Featured Bitcoin News
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Japan’s top social network and messaging app, LINE, has launched a marketplace for non-fungible tokens (NFTs). The new service allows 90 million LINE users to send and exchange NFTs with their friends.

‘LINE NFT’ Marketplace Launched

LVC Corp., the operator of LINE’s crypto asset and blockchain businesses, announced Wednesday that it has launched LINE NFT, a non-fungible token marketplace available only in Japan. LINE described itself as “the fastest-growing mobile messenger app in the world.” It offers free messages, voice calls, and video calls.

“From today, LINE NFT will offer around 40,000 NFT products for sale, including Yoshimoto NFT Theater,” the announcement notes, adding that “Users can store purchased NFTs in their LINE Bitmax wallet.”

Yoshimoto NFT Theater comprises NFTs of videos by Yoshimoto Kogyo Holdings Co. Ltd. Bitmax is a cryptocurrency exchange launched by LINE in September 2019. It is accessible through the LINE app.

The announcement further details:

Through the LINE app — with a userbase of approximately 90 million in Japan — they can conveniently send or exchange NFTs with their LINE friends.

The LINE NFT marketplace will also offer NFTs of popular characters — including Gyuunyuu, Usagyuuun, and Betakkuma — and NFTs from the anime series “Patlabor: The Mobile Police.” The company added that more NFTs “from many different genres will be offered at a later date.”

Emphasizing the concept of “LINE Blockchain Designed For Everyone,” LVC Corp. said that going forward it aims to “provide NFT and other blockchain services and technologies that can be applied practically to users’ daily lives.”

Japanese e-commerce giant Rakuten is also launching an NFT marketplace. “Rakuten NFT is a service that provides a marketplace for users to purchase NFTs, as well as peer-to-peer buying and selling of NFTs, in a range of areas such as sports and entertainment, including music and anime,” the company described in an announcement on Feb. 25. “A service for peer-to-peer issuing and selling of NFT content is planned for launch in 2023 or later.”

What do you think about LINE launching an NFT marketplace? Let us know in the comments section below.

Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Elon Musk’s ‘top priority’ for Twitter includes cutting down on crypto scam tweets

Elon Musk’s ‘top priority’ for Twitter includes cutting down on crypto scam tweets
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With a net worth of reportedly more than $300 billion, Elon Musk said he could “technically afford” to purchase Twitter outright, but also had plans to change the user experience of the major social media platform.

In a Vancouver TED conference held Thursday, Musk told curator Chris Anderson that if his offer to buy Twitter was successful, he would consider changing the way the platform handles controversial content, by not promoting certain tweets and adding the ability to edit tweets as well as show that history. The Tesla CEO added that under his prospective leadership, Twitter should be “reluctant to delete things” and permanently ban accounts, but would endeavor to encourage free speech according to respective countries’ laws.

“A top priority I would have is eliminating the spam and scam bots and the bot armies that are on Twitter,” said Musk. “They make the product much worse. If I had a Dogecoin for every crypto scam I saw, we’d have 100 billion Dogecoin.”

Elon Musk speaking to TED curator Chris Anderson in Vancouver

According to a Wednesday filing with the United States Securities and Exchange Commission, Musk offered to purchase Twitter’s shares — aside from the roughly 9% that he already owns — for $54.20 per share, which represented a 38% premium over the stock’s closing price as of April 1. At the time of publication, shares of Twitter are priced at $45.08, having risen more than 30% in the last 30 days.

Reactions to the Tesla CEO’s potential ownership of the popular social media platform were mixed. Many lauded the move as a step in the right direction for free speech while others pointed to Musk’s own seemingly immature behavior on Twitter as well as his immense wealth.

“It takes some pretty impressive mental gymnastics to associate any type of ‘freedom’ with the richest man in the world initiating a hostile takeover and forcing one of the largest public social media platforms private,” said Jackson Palmer, the co-creator of Dogecoin.

Related: What Elon Musk’s investment could mean for Twitter’s crypto plans

The price of Dogecoin (DOGE) was largely unaffected by both Musk’s Twitter stock buy as well his offer to purchase the firm. As of April 4, Musk was the company’s largest shareholder, but was reportedly overtaken Thursday by Vanguard Group, which increased its holdings to more than 10% of Twitter’s shares. 

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Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa – Bitcoin News

Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa – Bitcoin News
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Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russia’s ability to trade internationally, the head of the board has urged the government to work out an alternative system for settlements with Moscow’s partners.

Chamber of Commerce Proposes Improving Russia’s Trade With African Nations

In a letter sent to Russian Prime Minister Mikhail Mishustin, President of the Chamber of Commerce and Industry of Russia Sergey Katyrin has laid out a set of proposals to boost economic relations with African nations. Among other ideas, the head of the Russian board of trade advocates for alternative payment options. Quoted by Tass, Katyrin insists:

It seems appropriate to instruct the Ministry of Finance, together with the central bank, to ensure the conclusion of intergovernmental agreements with African states on the use of national currencies and cryptocurrencies in mutual settlements and payments.

The official is calling on the federal government to create a new export-import bank and a trust fund tasked to back export activities of small and medium-sized firms to Africa. He also wants the Ministry of Industry and Trade and the Ministry of Economic Development to establish trade missions and free trade zones in the African countries with the greatest potential to expand ties.

Katyrin is urging the two departments to work out a new settlement mechanism for external and internal payments, including cryptocurrencies. The system can be implemented in settlements for concessions for natural resources, investment projects, export operations, and other payments. He also suggests the establishment of a Russia-Africa Trading House.

The head of the chamber emphasizes that the development of this kind of cooperation with “friendly areas” is of paramount importance for the Russian Federation. His proposals come as mounting western sections imposed over the war in Ukraine continue to limit Moscow’s access to global finances and its currency reserves in foreign banks.

The restrictions are convincing Russian officials that crypto assets can help the country to return to global markets and substitute the U.S. dollar and the euro with other national and digital currencies. While the Bank of Russia is skeptical about using cryptocurrencies to circumvent sanctions, the Finance Ministry is leading efforts to legalize them and says that the penalties motivate Russia to create its own crypto market infrastructure.

Tags in this story
Africa, african, board of trade, chamber of commerce, Crypto, crypto assets, Cryptocurrencies, Cryptocurrency, international trade, Payments, proposal, Proposals, restrictions, Russia, russian, Sanctions, Settlements, trade, Ukraine, War

Do you think Russia will employ cryptocurrencies in international settlements with trading partners? Share your expectations in the comments section below.

Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Archie Comics and Palm NFT Studio want fans to co-create the comic’s future series

Archie Comics and Palm NFT Studio want fans to co-create the comic’s future series
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American comic book publisher Archie Comics, known for its iconic Riverdale characters, is leveraging the blockchain to develop fan-generated art and stories as well as Archie-inspired nonfungible token (NFT) collections. Laura Braga and Vincezo Federici, the artists behind the 80-year-old franchise, partnered with Palm NFT Studio, to create a new blockchain-based writer’s room called the “Archiverse: Eclipse.” 

Source: Palm NFT Studio

According to the company, the Archiverse intends to empower Archie Comics fans to author the brand’s future through generative storytelling. Its writer’s room invites fans to create and submit new storylines for their characters. The creators of selected submissions will be directly rewarded and granted story credits from future comic series integration. 

Archie CEO Jon Goldwater said in a statement that since the success of the television adaptation of Archie characters in “Riverdale” and the emergence of blockchain technology, “we knew we had to find the right partner and platform to introduce Archie 3.0. We cannot wait to introduce the gang to a whole new audience in a whole new way.”

The world of Archie 3.0 will be heralded by an NFT drop of a PFP project inspired by “The Chilling Adventures of Sabrina,” a series published by an imprint of Archie Comics called Archie Horror. Archieverse: Eclipse NFTs will comprise 6,666 generative characters and 3,000,000,000 outcomes will be released on May 16th, the night of a Blood Moon, and challenge collectors to crack an “ominous” prophecy. 

When it comes to writer’s rooms, traditionally made up of show-runners, producers and TV writers, a blockchain writer’s room differs in that only NFT holders can access and participate in content creation. The largest one at the moment belongs to Jenkins the Valet, the “eyes and ears” of the Bored Ape Yacht Club. Cointelegraph spoke to Jenkins about what it takes to portray Apes and Mutants in an upcoming book penned by New York Times best-selling author Neil Strauss.

As for carrying out large-scale intellectual property (IP) licensing in the NFT space, Palm NFT Studio is no Web3 rookie. It recently launched an NFT project with Warner Bros. Consumer Products’ DC Comics known as “The Bat Cowl Collection,” a drop of 200,000 unique 3D-rendered Batman cowl NFTs. Matt Mason, the chief content officer at Palm NFT Studio spoke to Cointelegraph about how “emblematic IP can operate as digital social objects by fostering authentic fan participation and community.” He added that the Bat Cowl Collection invites DC universe fans to create their own unique identities and have access to exclusive rewards.

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