Valkyrie Investments, one of the biggest cryptocurrency asset managers, has announced it will launch a so-called on-chain defi fund next week. This new fund would be substantially different than other, similar offerings, due to the location of the assets that will be available to earn yield in several protocols. $100 million has already been put […]
I don't totally keep up with the latest tokens and trends, but I've had some eth sitting in a wallet for almost 5 years now and haven't touched anything or looked at anything. Am I missing out on so called "airdrops" or any other worthwhile things I could be looking to take advantage of? …
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This is going to be interesting. Miramax sent a cease and desist letter to Quentin Tarantino and his team regarding the “Pulp Fiction” NFTs they’re looking to sell. Tarantino responded that he had the right to do so and kept on promoting them. Miramax sued. Just a month ago, the company was wishing Tarantino a happy birthday, and now here we are. And the show is just getting started. Related Reading | Bleeple’s “Human One,” A Sculpture + NFT Hybrid, Sold For $28.9M At Christie’s On the one hand, Miramax was “Pulp Fiction’s” production company and still holds the rights to the 1994 masterpiece. On the other, Tarantino preserved the right to publish the screenplay, and the NFTs are based on that historical artifact. However, Miramax argues that since an NFT exchanges hands with a single sale, it doesn’t count as publishing. And that’s only the tip of the iceberg. Let’s explore the case further. The original handwritten ‘Royale with Cheese’ scene will soon be on sale. Alongside the screenplay, the NFT includes a recording of Quentin Tarantino, revealing new details only available on @SecretNetwork. If you'd like this 1-of-1 please fill this form: https://t.co/geYd0rWtaS pic.twitter.com/jfHd845MBs — Tarantino NFTs (@TarantinoNFTs) November 15, 2021 The Unique Characteristics Of Tarantino ’s “Pulp Fiction” NFTs When The Secret Network announced that Quentin Tarantino was the first artist they were working with, our sister site Bitcoinist reacted. They quickly reported on the “unique value proposition” of the company in general and the “Pulp Fiction” NFTs in particular. “Tarantino’s NFT release will be the first of its kind for the blockchain. Seven unique NFTs will come to market, featuring original ‘Pulp Fiction’ handwritten scripts and exclusive audio commentary from Tarantino himself. The Secret Network is a Layer 1 privacy blockchain created by SCRT Labs. The unique value proposition from The Secret Network lies in the name; the NFTs will be “secret” and only accessible by the NFTs owner.” Just that fact makes the lawsuit endlessly interesting. Only the person that buys the NFT can see what’s inside, so Miramax has no clue about the kind of content they’re suing for. They just know they own the rights to the picture and the discarded material, but, besides the reports and the marketing material, they’re as in the dark as the rest of us about the actual content. On the day of the announcement, The Secret Network released a statement that quotes the director himself. “I’m excited to be presenting these exclusive scenes from PULP FICTION to fans.” Tarantino says. “Secret Network and Secret NFTs provide a whole new world of connecting fans and artists and I’m thrilled to be a part of that.” Tarantino’s words suggest simpler times. We’re nowhere near that stage anymore. SCRT price chart on Binance | Source: SCRT/USD on TradingView.com What Does Miramax’s Lawsuit Say? The 60-page long suit is already available online. This extract summarizes Miramax’s position: “The fact that Tarantino kept Miramax out of the loop is particularly problematic because he granted and assigned nearly all of his rights to Pulp Fiction (and all its elements in all stages of development and production) to Miramax in 1993, including the rights necessary for the “secrets from Pulp Fiction” that he intends to sell. Tarantino’s limited “Reserved Rights” under the operative agreements are far too narrow for him to unilaterally produce, market, and sell the Pulp Fiction NFTs.” Furthermore, Bart Williams, Miramax attorney, was much harsher in a recent statement quoted by Variety: “This group chose to recklessly, greedily, and intentionally disregard the agreement that Quentin signed instead of following the clear legal and ethical approach of simply communicating with Miramax about his proposed ideas,” Williams said. “This one-off effort devalues the NFT rights to ‘Pulp Fiction,’ which Miramax intends to maximize through a strategic, comprehensive approach.” NFTs are meant to empower creators, connecting them directly with their audiences and communities. Secret NFTs on @SecretNetwork take this potential a step further.Now some in the media world want to take a massive step back. We stand with creators. https://t.co/Jq1STRuI45 — Tarantino NFTs (@TarantinoNFTs) November 16, 2021 Who is Williams referring to when he says “this group”? Probably The Secret Network, who responded via Twitter. “NFTs are meant to empower creators, connecting them directly with their audiences and communities,” they said. “Now some in the media world want to take a massive step back. We stand with creators.” Related Reading | Christie’s Will Auction Original Art From Gary Vee‘s Veefriends NFT Collection That’s cute, but, does The Secret Network and Tarantino have the legal right to sell those “Pulp Fiction” NFTs? We would have to see the content to determine that. Which we can’t do. And neither does Miramax. To close this off, here’s a video of Tarantino learning about NFTs for the first time: #nft is just started… this 👇🏻 pic.twitter.com/FbW5FxgWE8 — Michiel Sintenie (@MSintenie) November 13, 2021 Featured Image: Screenshot from this tweet’s video | Charts by TradingView
I know eth transfer is just the normal one, like 120 gwei or higher, but a smart contract for an erc20 token would be called something else , and how much gwei is it? 3x a normal transaction? What about transferring an erc20? What about bridging a token? submitted by /u/ExactCollege3 [link] …
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I've found myself in a spot of trouble that I've not experienced before. I sent through a transaction as normal via Metamask and hit the 'Speed up' button to increase the gas because it's extremely urgent. Despite hours of research, I apologise for my naivety so would deeply deeply appreciate it if anyone was kind…
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I thought some may be interested in this. My son told me that the student news channel they watch was on the topic of crypto today. He said it was all about how crypto mining and NFTs are destroying the environment and causing climate change. He said they also talked about people getting paid in…
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submitted by /u/tousie [link] [comments]
Why is everyone hyper focused on mining raven, or ether to trade for raven, but not actually purchasing raven at around $0.11 right now? What am I missing? submitted by /u/Seal_Breath_Jim [link] [comments]
Ever since Bitcoin appeared back in 2009, the subject of cryptocurrency has been captivating risk-takers and entrepreneurs. However, these days even regular people are considering this investment opportunity. People with money to spare who are usually fans of anonymous betting are willing to buy cryptos in order to make a profit. If you too are interested, you might be wondering whether or not now is the right time for this investment and what is the best way to do it. In case you are new to the cryptocurrency subject and you have a lot of questions, you’ve come to the right place. Make sure to stay on the page if you want to find out whether or not to invest in crypto in 2021 and what is the best and safest way to do this. Should You Invest? This is a question a lot of adult citizens have. Unfortunately, there’s no sure answer when it comes to this question. This is simply because, like other investments, cryptocurrency is also unpredictable. However, even though only 14% of U.S. adults own crypto, around 63% of Americans are “crypto curious.” This is based on a 2021 report done by crypto exchange Gemini. If you too are curious about cryptos, here are the essential things you need to know. How safe is cryptocurrency? Cryptocurrency is one of those “high risk, high reward” types of investments. It’s even riskier to invest in crypto than in regular stocks. The main reason for this is the fact that no one knows for certain whether or not crypto will become a part of our society in the future. Of course, this doesn’t mean this investment can’t bring you a lot of money. However, before you invest, you should consider how much you can risk. If you’re not one for taking risks, maybe this isn’t your cup of tea. This is especially true if you don’t have the nerves for unpredictable fluctuations. For example, Bitcoin has lost roughly 80% of its value in the past, and Ethereum once lost nearly 95% of its value during one year. This can be pretty stressful and if you don’t have the nerves for this, you might not want to invest in crypto. If, however, you find this thrilling and fun, buying cryptos might be the best decision you ever made. How To Invest Safely? If you want to invest in crypto, you have to be careful. In other words, only invest money you can afford to lose. Also, try to build an emergency fund that will help you to survive if the prices of crypto go down. Whatever you do, try not to sell your crypto tokens while the prices are down. Photo by Priscilla Du Preez on Unsplash
Last week, the popular Tezos-based non-fungible token (NFT) marketplace Hic et nunc discontinued its services following the market’s rise into the top twenty NFT marketplaces by sales volume. After the market’s founder Rafael Lima stepped back, the community decided to take the project into their own hands and has begun transitioning Hic et nunc into […]
