Game developer criticises NFTs at event sponsored by blockchain firms

A game developer surprised attendees of an event sponsored by blockchain firms by criticising NFTs.

NFTs (Non-Fungible Tokens) have become one of the blockchain industry’s darling use cases. The technology is primarily associated with art projects; with purchasers able to prove their ownership thanks to immutable records on blockchains.

Arguably, the most infamous NFT project is Bored Ape Yacht Club—which even recently featured in a music video by Eminem and Snoop...

Web3: Ethereum leads in developers, falling behind in activity

According to a16z’s 2022 State of Crypto report, Ethereum is maintaining its lead in web3 developers but rivals are overtaking in activity.

The report opens with some history of the various web eras and why web3 has many people excited:

Web1 (~1990-2005) – Based on open protocols, decentralised, and community-governed. However, relatively basic in terms of functionality.Web2 (~2005-present) – Siloed, centralised services with value and content ownership granted to a...

Charles Hoskinson, Founder, Cardano: On the opportunities for decentralised apps

Blockchain platform Cardano aims to disrupt unfair legacy centralised systems and distribute power to individuals around the world, but it needs your help.

The decentralisation movement really started when Bitcoin was released in 2009 as a global digital currency with a fixed supply that’s immune to inflation, has no central bank, and cannot be shut down.

However, Bitcoin has its limitations. While it’s arguably the ultimate “store of value” asset – which is...