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Louis Vuitton Releases New NFTs, Continues Blockchain Gaming Experiment

Luxury brand Louis Vuitton is adding a new collection of non-fungible tokens (NFTs) to its Louis the Game app in the form of in-game rewards. “The Hash” group discusses efforts made by legacy brands to explore Web 3 and capture new audiences while noting the accelerated growth of blockchain gaming through play-to-earn models. 

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Solana NFTs Added to Rarible Following OpenSea Debut

Solana NFT offerings have just been added to Rarible Protocol shortly after their debut on the OpenSea marketplace. “The Hash” group discusses the multichain reality of the NFT space and why other platforms are trying to chip away at Magic Eden’s market share.

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Why ‘Jack Dorsey’s First Tweet’ NFT Ended With a Top Bid of Only $280

Crypto entrepreneur Sina Estavi bought Twitter Founder Jack Dorsey’s first-ever tweet as an NFT for $2.9 million last year. That NFT was listed for sale again at $48 million last week only to reached a top bid of only $280. “The Hash” group discusses why the asset received such low valuations, citing Estavi’s history as an ICO scammer and the inherent values of different types of NFTs. 

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Amazon Isn’t Interested in Crypto Payments, Exploring NFTs Instead

Amazon CEO Andy Jassy recently stated that the e-commerce giant does not have plans for cryptocurrency payment integration but is considering adding non-fungible tokens (NFTs) to its retail business. “The Hash” panel discusses the vitality of crypto for everyday payments, considering transactions fees and price fluctuations while noting the possible use cases for stablecoins. 

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BSN Developer’s NFT Warning; LINE Launches NFTs

BSN developer says “investment targets” NFTs won’t survive in China. Bybit explains their move to Dubai and plans for global growth. Messaging app LINE launches NFT marketplace in Japan. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.” We’ll be back on Tuesday after Easter break.

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Virgil Griffith Jailed; Indian Exchanges Disable UPI

Former Ethereum developer Virgil Griffith gets 63 months in prison. Coinbase snafu sets cat among the crypto pigeons in India. Huawei becomes latest of China’s tech giants to issue NFTs. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Bored Ape Yacht Club Goes Hollywood via Movie Trilogy

Coinbase has announced plans to produce an animated series of short films called “The Degen Trilogy” surrounding the Bored Ape Yacht Club (BAYC), which will allow NFT holders to submit their apes for consideration as characters.

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Indian Taxes Hit Trading; Bored Apes Movie Debut

India tax breaks crypto’s back. Crypto follows broader market down as pandemic and inflation concerns persist. Bored Apes get animated in partnership with Coinbase. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Financiën

NFT Marketplace Gem.xyz Ousts Developer Over 'Pattern of Sexual Misconduct'

Co-founder Lorens Huculak says developer "Neso" was dismissed after the team was made aware of the situation.

Screengrab from interview between Gem.xyz's co-founders and Nansen (YouTube)

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How ‘Taro’ Could Bring Stablecoins and NFTs to Bitcoin

CoinDesk Research Analyst George Kaloudis discusses the announcement of the Taproot-powered protocol Taro (Taproot Asset Representation Overlay). Kaloudis explains Taro’s potential to bring new assets like stablecoins and NFTs to the Bitcoin network and its proposed use of “embedded consensus” technology.

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