Author: Damocles
Damocles
Damocles is a self-imposed web3 nomad with a background in journalism and education. Having served as a freelance writer for three years, he decided to focus on one area he loves: the blockchain industry. He enjoys the drama, controversies, and pleasant surprises of this growing arena, pumping him to write more daily. To this day, he still considers himself a newbie who is dead set on honing his skills and being more involved in web3 projects.
Degen Coin Flip is a project hailing from Solana that aims to be a force for fairness and transparency in the crypto gambling world. Warning: some say it is quite addictive. Crypto investing has been, on more than one occasion, compared with casino gambling due to the speculative nature of these assets. And there may be some truth to that as blockchain has essentially helped boost the iGaming industry with crypto bets seeing a 100% growth over the past year, according to Softswiss data. It appears that many crypto hodlers have a taste for betting. And with the rise of Solana,…
Google’s Street View has found a strong competitor in India with MapmyIndia’s Mappls, the country’s first map with 100% 360-degree panoramic street view with 4D Metaverse Maps Service. After a decade of absence in the country, the internet giant has offered its Google Maps service again, but the company may now face a more challenging landscape in the digital maps service. Cutting-Edge Metaverse Mapping Mappl enables the generation of high-resolution geometries, road surfaces, traffic signs, and other objects with photo-realistic precision that allows for realistic simulations for driving. The tool essentially enables builders to create testing environments with real-world driving…
Magic Eden (ME) appears to have allegedly abandoned its permissionless ethos by quietly upgrading its smart contracts to require its signature for every transaction that occurs on the platform, which could cause adverse network effects across the Solana web3 ecosystem, according to NFT analyst Pland. The move has stirred controversy that rippled throughout the web3 space, as it basically drives ME closer to web2. The marketplace that once carried the banner of decentralization is now under threat with this new policy, which may very well introduce a single point of failure. Who Will Be Affected The Most? For third parties,…
Degen Sweepers, one of Solana’s most controversial non-fungible token (NFT) collections, was met with ‘sweeping’ criticisms from many collectors as it failed to sell out during the minting event on July 25 (8:00 PM CET) with a mint price of 5.1 SOL. . As of press time, only 1,883 out of 10,000 Degen Sweeper NFTs were sold, leaving over 8K unminted while secondary sales are ongoing. On the other hand, it has also received praise from the collectors who have successfully minted and proudly displayed their NFTs. As a result, it became the 4th biggest Solana collection (by trading volume)…
Nickelodeon’s mother company, ViacomCBS, has partnered with the non-fungible token (NFT) solutions company Recur to bring two of its biggest brands into the metaverse: ‘Hey Arnold’ and ‘The Rugrats’ as NFT collections. As of this writing, the Nickelodeon NFT collection currently ranks as the top collection in the OpenSea, with over $1.88M (1.2K ETH) in secondary market sales. The so-called “football-head” has been a big part of the 90s’ kids’ life, dominating the boob tube every weekend or after school hours. And while one of Nickelodeon’s most famous cartoons has long ended, Arnold and the gang have recently made a…
The Yawww platform caused some controversy after announcing its upgrade from a mere P2P NFT trading platform to a full-blown marketplace because of one primary reason: it allows NFT traders to bypass the royalty fees embedded in smart contracts, allowing them to sell their NFTs without giving a cut to the original creators. This has become quite controversial since: many acknowledged that most royalty fees of NFT projects on Solana have been set too high, many also see this as a way to prevent artists from making money from secondary sales,some believe that many NFT projects might fail because of…
When FTX, Andreessen Horowitz, and Coinbase Ventures fund a new layer (L1) blockchain platform, something big is probably being developed. But not much media attention has been given to Sui as of today. But considering that smart money is assembling around it, this might actually be the next big L1. Like Solana, Sui, is considered to be a highly-scalable blockchain. Interestingly, it is built on a new smart contract language that is based on Rust and designed to represent digital assets and the safety operations required to manage them. Furthermore, its nodes can scale network transaction capacity infinitely with minimal…
Nike turned a lot of heads after it decided to acquire a digital sneaker company last December 2021. While this isn’t the footwear and apparel titan’s first foray into web3, it is the first time we’ve seen a brand of such iconic influence buy out an entire non-fungible token (NFT) project. But truth be told, it was already making big waves since 2020. Shortly after its establishment, RTFKT had already made $600,000 in revenue in its first year, which is quite a feat for a small studio with a skeleton team of two full-time employees. From there, the studio has…
Dogami is the most anticipated blockchain game in the entire Tezos ecosystem if trading volume is our main indicator. Imagine being able to adopt a virtual dog powered by AI technology that you can interact with through an augmented reality (AR) app on your mobile device. You can train and personalize your dog, breed them with others, as well as compete in challenges to earn $DOGA tokens across the Petaverse: an all-new amplified gaming experience that essentially blends the powers of nostalgia and community. What is Dogami? Dogami is a play-to-earn (P2E) game and a non-fungible token (NFT) collection composed…
When Gary Vaynerchuck announced that he was launching an NFT collection back in May 2021, many were thrilled to have one of the most remarkable entrepreneurs join the space as he is quite a respected figure in multiple industries, including digital marketing, social media, and wine. Above all, he leverages a network of hardcore entrepreneurs garnered from years of providing high-value content around building a brand, business, and community. His foray into the NFT world has helped legitimize the space as he strongly believes that the technology will one day be incorporated into most small businesses for setting up memberships,…