NBA legend Shaquille O’Neal is now entangled in a legal case over his involvement in the Solana-based NFT project Astrals. The legal case, which was updated to strengthen the case, claims that O’Neal violated securities laws in his connection with the project. A district judge in Florida appointed lead plaintiffs, who have chosen the Moskowitz… Continue reading Shaquille O’Neal Faces Legal Challenge Over Solana-Based NFT Project Astrals
Tag: Solana NFTs
What Are xNFTs?
The Mad Lads trends within the nonfungible token (NFT) sector has introduced a new kind of NFT known as xNFTs. What are xNFTs? The ‘Executable NFTs’ are distinct digital assets that can run code. That makes them quite different from the traditional NFTs that have been mainly utilized as collectibles in music, art, and gaming.… Continue reading What Are xNFTs?
Frank Confirmed DeGods Network Is Going 0% Royalties
DeGods, the most successful Solana project up to today, is now updating all of its nonfungible tokens (NFTs) to 0% royalties. Founder Frank DeGods published the announcement through Twitter, making waves among NFT collectors. That controversial decision also raised questions about what NFT royalties are and their importance in the NFT industry. The NFT project… Continue reading Frank Confirmed DeGods Network Is Going 0% Royalties
Survey Finds NFTs Flipping Is Less Profitable For Over 50% Of Investors
Non-fungible tokens (NFTs) are increasingly gaining popularity, despite their current market downturn, with many investors taking NFT flipping as a “trading strategy” to generate revenue. DEXterlab, the blockchain monitoring Software Company, conducted an online survey on Twitter which involved more than 1,300 people to determine the NFT buying behavior from late May 2022 to early… Continue reading Survey Finds NFTs Flipping Is Less Profitable For Over 50% Of Investors