The numbers are impressive. More than 800,000 MapleStory Universe (MSU) NFTs have been minted as of May 9th, 2025. Hundreds of thousands snatched up within the first few hours of the public mint. A successful testnet that clocked close to a million unique wallets. MapleStory N, developed by Nexon’s web3...
800,000 NFTs minted. Numbers don't lie, right? Nexon’s MapleStory Universe (MSU) is taking the world by storm, and Nexpace, their Web3 arm, is likely celebrating since their last round likely closed. Before we crown them to the kings of blockchain gaming, let’s pause to inject some healthy skepticism into this...
Is this the effect Nike intended when it decided to launch into the metaverse? Let’s be honest—the NFT universe sometimes feels like the Wild West. Taking shortcuts and treating them as risk-free investments will take you directly off a cliff. This lawsuit, spearheaded by an Australian resident, Jagdeep Cheema, feels...
We all saw the hype. That promise of the metaverse, of owning a piece of the future, personified by those digital sneakers and avatars. Nike, a brand otherwise synonymous with innovation and aspiration, took the plunge into NFT marketplace with its acquisition of RTFKT. Now, with a lawsuit looming and...
In April, its market capitalization exceeded $230 billion, marking an extraordinary 54% jump compared to last year. The financial analysts at Citigroup have estimated that growth may shoot up to $3.7 trillion by 2030. This increase will be driven by regulatory clarity, along with the mass adoption of blockchain technology....
Nike's getting sued. Big deal, right? Corporations face lawsuits all the time. This is the fallout from the RTFKT shutdown and claims of unregistered securities. It has the potential to ignite a tectonic change for the entire crypto ecosystem. We're talking potential market crash. And here’s what you need to...
Nike is being sued for more than $5 million in damages after it abruptly shut down its RTFKT unit last December. Buyers, led by an unnamed Australian plaintiff, claim millions in damages from the shutdown. They accuse Nike of violating consumer protection laws in dozens of states.The legal wrangling follows...
After Adidas, Nike took possibly the biggest step into the NFT space. This unprecedented move has stunned investors and sparked a still-developing, potentially historic lawsuit. In December 2021, Nike purchased RTFKT, a startup platform that creates NFTs. This announcement was a huge leap forward for enterprise brands, as they too...
Reservoir, one of the most well-known players on the NFT infrastructure, announced that it will be discontinuing its NFT offerings. This decision sends shockwaves throughout the digital asset space. It begs the question of what this means for the big companies – companies that have made significant investments in integrating...
DraftKings, a well-known name in sports betting and fantasy sports, has reached a $10 million settlement regarding its NFT offerings. This announcement has sent shockwaves through the NFT community. In doing so, it has ignited a firestorm of debates as to what this means for NFT holders, the NFT market...
