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Plaintiffs Adonis Real and Adam Titcher filed the suit in California district court on Friday. It alleges a conspiracy in which highly influential celebrities were discreetly paid to promote the Bored Ape Yacht Club NFTs to “artificially inflated and distorted prices.” It’s claimed that these misleading promotions did not disclose…Read More

Reading Time: 2 minutes Yuga Labs has been sued for paying celebrities to secretly promote Bored Ape NFTs Among the 37 accused entities are Madonna, Kevin Hart, MoonPay and Universal TV The plaintiffs allege that the arrangement went against consumer protection rights among other charges Bored Ape NFTs creator Yuga Labs has been taken to court for allegedly paying prominent celebrities and other entities to secretly promote digital collectibles in the Bored Ape Yacht Club collection (BAYC…Read More

The number of celebrities, brands and artists that hopped on the NFT bandwagon was bound to cause supply and demand issues, the VeeFriends creator says…Read More

Web3 music community Public Pressure teams up with acclaimed Italian DJ Duo Merk & Kremont for a successful debut NFT drop alongside Moonsama. With the drop, Public Pressure & Moonsama introduce music as a gaming utility for the first time inside the Moonsama metaverse ecosystem. The PODs NFT project sold out in minutes…Read More

pplpleasr’s Shibuya Streaming Service has raised $6.9M with a recent round of seed funding. The Web3 content platform has already produced 7 minutes of high-quality animated film through it’s series “White Rabbit,” and raised over $1.5M from NFT sales. Now, Shibuya is looking to increase its pool of creators and devs to bring fans access […] The post Pplpleasr’s Shibuya Web3 Platform Raises $6.9M appeared first on NFT Evening…Read More

Some big announcements were made at  Ledger Op3n in Paris 2022, including a new hardware wallet and browser extension. The atmosphere was heavy with anticipation of what’s to come in the future of Web3. NFTs are clearly a big part of Ledger’s vision, the company brought together a number of creators and brands to discuss […] The post What You Missed at Ledger Op3n in Paris 2022 appeared first on NFT Evening…Read More

A new Web3 platform, Palm Foundation has launched to democratize the Web3 space. It aims to support women, LGBTQI+, Latinx, Black, Indigenous communities, and other underrepresented artists and creators. The non-profit venture will offer education, support, opportunities, and amplification for artists from these communities. Here’s all you need to know about Palm Foundation: What is […] The post Palm Foundation: New Web3 Platform Launches To Support Marginalised Artists appeared first on NFT Evening…Read More

NFTs will play a major role in the metaverse: Virtual marketplaces can run in a resilient, trustless manner and offer decentralized pricing…Read More