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\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

One of the largest art sales in history may have just taken place, CryptoPunk #9888 sold for $530 Million.<\/p>\n\n\n\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

McDonald\u2019s is additionally planning to create \u201cvirtual concerts and other virtual events\u201d and virtual restaurants \u201cfeaturing actual and virtual goods.\u201d <\/p>\n","post_title":"10 Trademarks Filed By McDonald's For The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"10-trademarks-filed-by-mcdonalds-for-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:02","post_modified_gmt":"2023-04-11 02:55:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3480","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":1529,"post_author":"1","post_date":"2021-10-29 17:25:31","post_date_gmt":"2021-10-29 06:25:31","post_content":"\n

One of the largest art sales in history may have just taken place, CryptoPunk #9888 sold for $530 Million.<\/p>\n\n\n\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/JoshGerben\/status\/1491449758967562240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1491449758967562240%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fmcdonalds-filed-10-trademark-applications-for-the-metaverse%2F\n<\/div><\/figure>\n\n\n\n

McDonald\u2019s is additionally planning to create \u201cvirtual concerts and other virtual events\u201d and virtual restaurants \u201cfeaturing actual and virtual goods.\u201d <\/p>\n","post_title":"10 Trademarks Filed By McDonald's For The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"10-trademarks-filed-by-mcdonalds-for-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:02","post_modified_gmt":"2023-04-11 02:55:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3480","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":1529,"post_author":"1","post_date":"2021-10-29 17:25:31","post_date_gmt":"2021-10-29 06:25:31","post_content":"\n

One of the largest art sales in history may have just taken place, CryptoPunk #9888 sold for $530 Million.<\/p>\n\n\n\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Josh Gerben, a trademark lawyer, has announced the news that McDonald's had filed 10 trademarks<\/a>. The applications include \u201cvirtual food and beverage products; downloadable multimedia files containing artwork, text, audio and video files and\u00a0non-fungible tokens<\/a> (NFTs).\u201d\u00a0<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/JoshGerben\/status\/1491449758967562240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1491449758967562240%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fmcdonalds-filed-10-trademark-applications-for-the-metaverse%2F\n<\/div><\/figure>\n\n\n\n

McDonald\u2019s is additionally planning to create \u201cvirtual concerts and other virtual events\u201d and virtual restaurants \u201cfeaturing actual and virtual goods.\u201d <\/p>\n","post_title":"10 Trademarks Filed By McDonald's For The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"10-trademarks-filed-by-mcdonalds-for-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:02","post_modified_gmt":"2023-04-11 02:55:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3480","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":1529,"post_author":"1","post_date":"2021-10-29 17:25:31","post_date_gmt":"2021-10-29 06:25:31","post_content":"\n

One of the largest art sales in history may have just taken place, CryptoPunk #9888 sold for $530 Million.<\/p>\n\n\n\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

McDonald's is the latest company to join the metaverse.<\/p>\n\n\n\n

Josh Gerben, a trademark lawyer, has announced the news that McDonald's had filed 10 trademarks<\/a>. The applications include \u201cvirtual food and beverage products; downloadable multimedia files containing artwork, text, audio and video files and\u00a0non-fungible tokens<\/a> (NFTs).\u201d\u00a0<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/JoshGerben\/status\/1491449758967562240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1491449758967562240%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fmcdonalds-filed-10-trademark-applications-for-the-metaverse%2F\n<\/div><\/figure>\n\n\n\n

McDonald\u2019s is additionally planning to create \u201cvirtual concerts and other virtual events\u201d and virtual restaurants \u201cfeaturing actual and virtual goods.\u201d <\/p>\n","post_title":"10 Trademarks Filed By McDonald's For The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"10-trademarks-filed-by-mcdonalds-for-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:02","post_modified_gmt":"2023-04-11 02:55:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3480","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":1529,"post_author":"1","post_date":"2021-10-29 17:25:31","post_date_gmt":"2021-10-29 06:25:31","post_content":"\n

One of the largest art sales in history may have just taken place, CryptoPunk #9888 sold for $530 Million.<\/p>\n\n\n\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3480,"post_author":"1","post_date":"2022-02-16 21:20:15","post_date_gmt":"2022-02-16 10:20:15","post_content":"\n

McDonald's is the latest company to join the metaverse.<\/p>\n\n\n\n

Josh Gerben, a trademark lawyer, has announced the news that McDonald's had filed 10 trademarks<\/a>. The applications include \u201cvirtual food and beverage products; downloadable multimedia files containing artwork, text, audio and video files and\u00a0non-fungible tokens<\/a> (NFTs).\u201d\u00a0<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/JoshGerben\/status\/1491449758967562240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1491449758967562240%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fmcdonalds-filed-10-trademark-applications-for-the-metaverse%2F\n<\/div><\/figure>\n\n\n\n

McDonald\u2019s is additionally planning to create \u201cvirtual concerts and other virtual events\u201d and virtual restaurants \u201cfeaturing actual and virtual goods.\u201d <\/p>\n","post_title":"10 Trademarks Filed By McDonald's For The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"10-trademarks-filed-by-mcdonalds-for-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:02","post_modified_gmt":"2023-04-11 02:55:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3480","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":1529,"post_author":"1","post_date":"2021-10-29 17:25:31","post_date_gmt":"2021-10-29 06:25:31","post_content":"\n

One of the largest art sales in history may have just taken place, CryptoPunk #9888 sold for $530 Million.<\/p>\n\n\n\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3480,"post_author":"1","post_date":"2022-02-16 21:20:15","post_date_gmt":"2022-02-16 10:20:15","post_content":"\n

McDonald's is the latest company to join the metaverse.<\/p>\n\n\n\n

Josh Gerben, a trademark lawyer, has announced the news that McDonald's had filed 10 trademarks<\/a>. The applications include \u201cvirtual food and beverage products; downloadable multimedia files containing artwork, text, audio and video files and\u00a0non-fungible tokens<\/a> (NFTs).\u201d\u00a0<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/JoshGerben\/status\/1491449758967562240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1491449758967562240%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fmcdonalds-filed-10-trademark-applications-for-the-metaverse%2F\n<\/div><\/figure>\n\n\n\n

McDonald\u2019s is additionally planning to create \u201cvirtual concerts and other virtual events\u201d and virtual restaurants \u201cfeaturing actual and virtual goods.\u201d <\/p>\n","post_title":"10 Trademarks Filed By McDonald's For The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"10-trademarks-filed-by-mcdonalds-for-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:02","post_modified_gmt":"2023-04-11 02:55:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3480","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":1529,"post_author":"1","post_date":"2021-10-29 17:25:31","post_date_gmt":"2021-10-29 06:25:31","post_content":"\n

One of the largest art sales in history may have just taken place, CryptoPunk #9888 sold for $530 Million.<\/p>\n\n\n\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3480,"post_author":"1","post_date":"2022-02-16 21:20:15","post_date_gmt":"2022-02-16 10:20:15","post_content":"\n

McDonald's is the latest company to join the metaverse.<\/p>\n\n\n\n

Josh Gerben, a trademark lawyer, has announced the news that McDonald's had filed 10 trademarks<\/a>. The applications include \u201cvirtual food and beverage products; downloadable multimedia files containing artwork, text, audio and video files and\u00a0non-fungible tokens<\/a> (NFTs).\u201d\u00a0<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/JoshGerben\/status\/1491449758967562240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1491449758967562240%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fmcdonalds-filed-10-trademark-applications-for-the-metaverse%2F\n<\/div><\/figure>\n\n\n\n

McDonald\u2019s is additionally planning to create \u201cvirtual concerts and other virtual events\u201d and virtual restaurants \u201cfeaturing actual and virtual goods.\u201d <\/p>\n","post_title":"10 Trademarks Filed By McDonald's For The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"10-trademarks-filed-by-mcdonalds-for-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:02","post_modified_gmt":"2023-04-11 02:55:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3480","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":1529,"post_author":"1","post_date":"2021-10-29 17:25:31","post_date_gmt":"2021-10-29 06:25:31","post_content":"\n

One of the largest art sales in history may have just taken place, CryptoPunk #9888 sold for $530 Million.<\/p>\n\n\n\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3480,"post_author":"1","post_date":"2022-02-16 21:20:15","post_date_gmt":"2022-02-16 10:20:15","post_content":"\n

McDonald's is the latest company to join the metaverse.<\/p>\n\n\n\n

Josh Gerben, a trademark lawyer, has announced the news that McDonald's had filed 10 trademarks<\/a>. The applications include \u201cvirtual food and beverage products; downloadable multimedia files containing artwork, text, audio and video files and\u00a0non-fungible tokens<\/a> (NFTs).\u201d\u00a0<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/JoshGerben\/status\/1491449758967562240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1491449758967562240%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fmcdonalds-filed-10-trademark-applications-for-the-metaverse%2F\n<\/div><\/figure>\n\n\n\n

McDonald\u2019s is additionally planning to create \u201cvirtual concerts and other virtual events\u201d and virtual restaurants \u201cfeaturing actual and virtual goods.\u201d <\/p>\n","post_title":"10 Trademarks Filed By McDonald's For The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"10-trademarks-filed-by-mcdonalds-for-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:02","post_modified_gmt":"2023-04-11 02:55:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3480","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":1529,"post_author":"1","post_date":"2021-10-29 17:25:31","post_date_gmt":"2021-10-29 06:25:31","post_content":"\n

One of the largest art sales in history may have just taken place, CryptoPunk #9888 sold for $530 Million.<\/p>\n\n\n\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3480,"post_author":"1","post_date":"2022-02-16 21:20:15","post_date_gmt":"2022-02-16 10:20:15","post_content":"\n

McDonald's is the latest company to join the metaverse.<\/p>\n\n\n\n

Josh Gerben, a trademark lawyer, has announced the news that McDonald's had filed 10 trademarks<\/a>. The applications include \u201cvirtual food and beverage products; downloadable multimedia files containing artwork, text, audio and video files and\u00a0non-fungible tokens<\/a> (NFTs).\u201d\u00a0<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/JoshGerben\/status\/1491449758967562240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1491449758967562240%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fmcdonalds-filed-10-trademark-applications-for-the-metaverse%2F\n<\/div><\/figure>\n\n\n\n

McDonald\u2019s is additionally planning to create \u201cvirtual concerts and other virtual events\u201d and virtual restaurants \u201cfeaturing actual and virtual goods.\u201d <\/p>\n","post_title":"10 Trademarks Filed By McDonald's For The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"10-trademarks-filed-by-mcdonalds-for-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:02","post_modified_gmt":"2023-04-11 02:55:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3480","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":1529,"post_author":"1","post_date":"2021-10-29 17:25:31","post_date_gmt":"2021-10-29 06:25:31","post_content":"\n

One of the largest art sales in history may have just taken place, CryptoPunk #9888 sold for $530 Million.<\/p>\n\n\n\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3480,"post_author":"1","post_date":"2022-02-16 21:20:15","post_date_gmt":"2022-02-16 10:20:15","post_content":"\n

McDonald's is the latest company to join the metaverse.<\/p>\n\n\n\n

Josh Gerben, a trademark lawyer, has announced the news that McDonald's had filed 10 trademarks<\/a>. The applications include \u201cvirtual food and beverage products; downloadable multimedia files containing artwork, text, audio and video files and\u00a0non-fungible tokens<\/a> (NFTs).\u201d\u00a0<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/JoshGerben\/status\/1491449758967562240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1491449758967562240%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fmcdonalds-filed-10-trademark-applications-for-the-metaverse%2F\n<\/div><\/figure>\n\n\n\n

McDonald\u2019s is additionally planning to create \u201cvirtual concerts and other virtual events\u201d and virtual restaurants \u201cfeaturing actual and virtual goods.\u201d <\/p>\n","post_title":"10 Trademarks Filed By McDonald's For The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"10-trademarks-filed-by-mcdonalds-for-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:02","post_modified_gmt":"2023-04-11 02:55:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3480","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":1529,"post_author":"1","post_date":"2021-10-29 17:25:31","post_date_gmt":"2021-10-29 06:25:31","post_content":"\n

One of the largest art sales in history may have just taken place, CryptoPunk #9888 sold for $530 Million.<\/p>\n\n\n\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Despite this fact, NFT markets have a long way to come, and until the broad NFT market is better adopted Fractionalized NFTs will be drudging behind.<\/p>\n","post_title":"Fractionalized NFTs (F-NFTs)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"fractional-nfts","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/nfts\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/erc-20\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/erc-721\/","post_modified":"2022-07-09 18:28:11","post_modified_gmt":"2022-07-09 08:28:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3781","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3480,"post_author":"1","post_date":"2022-02-16 21:20:15","post_date_gmt":"2022-02-16 10:20:15","post_content":"\n

McDonald's is the latest company to join the metaverse.<\/p>\n\n\n\n

Josh Gerben, a trademark lawyer, has announced the news that McDonald's had filed 10 trademarks<\/a>. The applications include \u201cvirtual food and beverage products; downloadable multimedia files containing artwork, text, audio and video files and\u00a0non-fungible tokens<\/a> (NFTs).\u201d\u00a0<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/JoshGerben\/status\/1491449758967562240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1491449758967562240%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fmcdonalds-filed-10-trademark-applications-for-the-metaverse%2F\n<\/div><\/figure>\n\n\n\n

McDonald\u2019s is additionally planning to create \u201cvirtual concerts and other virtual events\u201d and virtual restaurants \u201cfeaturing actual and virtual goods.\u201d <\/p>\n","post_title":"10 Trademarks Filed By McDonald's For The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"10-trademarks-filed-by-mcdonalds-for-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:02","post_modified_gmt":"2023-04-11 02:55:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3480","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":1529,"post_author":"1","post_date":"2021-10-29 17:25:31","post_date_gmt":"2021-10-29 06:25:31","post_content":"\n

One of the largest art sales in history may have just taken place, CryptoPunk #9888 sold for $530 Million.<\/p>\n\n\n\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

In Decentralized Finance<\/a>, NFT-based ownership has been, until recently whole assets. Fractionalized NFTs solve many problems and encourage the public to invest in safe projects without needing to invest huge sums of money.<\/p>\n\n\n\n

Despite this fact, NFT markets have a long way to come, and until the broad NFT market is better adopted Fractionalized NFTs will be drudging behind.<\/p>\n","post_title":"Fractionalized NFTs (F-NFTs)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"fractional-nfts","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/nfts\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/erc-20\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/erc-721\/","post_modified":"2022-07-09 18:28:11","post_modified_gmt":"2022-07-09 08:28:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3781","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3480,"post_author":"1","post_date":"2022-02-16 21:20:15","post_date_gmt":"2022-02-16 10:20:15","post_content":"\n

McDonald's is the latest company to join the metaverse.<\/p>\n\n\n\n

Josh Gerben, a trademark lawyer, has announced the news that McDonald's had filed 10 trademarks<\/a>. The applications include \u201cvirtual food and beverage products; downloadable multimedia files containing artwork, text, audio and video files and\u00a0non-fungible tokens<\/a> (NFTs).\u201d\u00a0<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/JoshGerben\/status\/1491449758967562240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1491449758967562240%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fmcdonalds-filed-10-trademark-applications-for-the-metaverse%2F\n<\/div><\/figure>\n\n\n\n

McDonald\u2019s is additionally planning to create \u201cvirtual concerts and other virtual events\u201d and virtual restaurants \u201cfeaturing actual and virtual goods.\u201d <\/p>\n","post_title":"10 Trademarks Filed By McDonald's For The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"10-trademarks-filed-by-mcdonalds-for-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:02","post_modified_gmt":"2023-04-11 02:55:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3480","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":1529,"post_author":"1","post_date":"2021-10-29 17:25:31","post_date_gmt":"2021-10-29 06:25:31","post_content":"\n

One of the largest art sales in history may have just taken place, CryptoPunk #9888 sold for $530 Million.<\/p>\n\n\n\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Fractionalized assets are not a new concept. Besides fractionalized NFTs, there are many assets people split and share ownership with like real estate. Fractional ownership has allowed expensive assets to be readily accessible for a larger market of investors.<\/p>\n\n\n\n

In Decentralized Finance<\/a>, NFT-based ownership has been, until recently whole assets. Fractionalized NFTs solve many problems and encourage the public to invest in safe projects without needing to invest huge sums of money.<\/p>\n\n\n\n

Despite this fact, NFT markets have a long way to come, and until the broad NFT market is better adopted Fractionalized NFTs will be drudging behind.<\/p>\n","post_title":"Fractionalized NFTs (F-NFTs)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"fractional-nfts","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/nfts\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/erc-20\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/erc-721\/","post_modified":"2022-07-09 18:28:11","post_modified_gmt":"2022-07-09 08:28:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3781","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3480,"post_author":"1","post_date":"2022-02-16 21:20:15","post_date_gmt":"2022-02-16 10:20:15","post_content":"\n

McDonald's is the latest company to join the metaverse.<\/p>\n\n\n\n

Josh Gerben, a trademark lawyer, has announced the news that McDonald's had filed 10 trademarks<\/a>. The applications include \u201cvirtual food and beverage products; downloadable multimedia files containing artwork, text, audio and video files and\u00a0non-fungible tokens<\/a> (NFTs).\u201d\u00a0<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/JoshGerben\/status\/1491449758967562240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1491449758967562240%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fmcdonalds-filed-10-trademark-applications-for-the-metaverse%2F\n<\/div><\/figure>\n\n\n\n

McDonald\u2019s is additionally planning to create \u201cvirtual concerts and other virtual events\u201d and virtual restaurants \u201cfeaturing actual and virtual goods.\u201d <\/p>\n","post_title":"10 Trademarks Filed By McDonald's For The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"10-trademarks-filed-by-mcdonalds-for-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:02","post_modified_gmt":"2023-04-11 02:55:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3480","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":1529,"post_author":"1","post_date":"2021-10-29 17:25:31","post_date_gmt":"2021-10-29 06:25:31","post_content":"\n

One of the largest art sales in history may have just taken place, CryptoPunk #9888 sold for $530 Million.<\/p>\n\n\n\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Basis Of Fractionalization<\/h2>\n\n\n\n

Fractionalized assets are not a new concept. Besides fractionalized NFTs, there are many assets people split and share ownership with like real estate. Fractional ownership has allowed expensive assets to be readily accessible for a larger market of investors.<\/p>\n\n\n\n

In Decentralized Finance<\/a>, NFT-based ownership has been, until recently whole assets. Fractionalized NFTs solve many problems and encourage the public to invest in safe projects without needing to invest huge sums of money.<\/p>\n\n\n\n

Despite this fact, NFT markets have a long way to come, and until the broad NFT market is better adopted Fractionalized NFTs will be drudging behind.<\/p>\n","post_title":"Fractionalized NFTs (F-NFTs)","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"fractional-nfts","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/nfts\/\nhttps:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/erc-20\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/erc-721\/","post_modified":"2022-07-09 18:28:11","post_modified_gmt":"2022-07-09 08:28:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3781","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3780,"post_author":"1","post_date":"2022-03-06 20:27:51","post_date_gmt":"2022-03-06 09:27:51","post_content":"\n

The U.S. Securities and Exchange Commission (SEC) is launching an investigation into the NFT market over potential violations against the agency's rules.<\/p>\n\n\n\n

A recent Bloomberg report<\/a> stated that unidentified sources 'familiar with the matter' believe that the SEC is looking at whether or not NFTs are being used to raise money like traditional securities. <\/p>\n\n\n\n

The audit is the latest attempt by the SEC to ensure that the cryptocurrency markets are following its strict regulations.<\/p>\n\n\n\n

As a part of the SEC's audit, they will take a close look at fractional NFTs. These involve breaking down a digital asset into separate units that allow for multiple people to claim ownership of a single token. The SEC believes that the process fractional NFTs take could potentially violate regulatory rules.<\/p>\n\n\n\n

\u201cGiven the breadth of the NFT landscape, certain pieces of it might fall within our jurisdiction,\u201d<\/em><\/p>Hester Peirce, SEC Commissioner on CoinDesk TV<\/a> <\/cite><\/blockquote>\n\n\n\n

There has been no word from the SEC on the audit as of yet. All news comes from anonymous sources because the probe hasn't been disclosed publicly states Bloomberg.<\/p>\n","post_title":"SEC Audits The NFT Market Over Potential Violations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"sec-audits-the-nft-market-over-potential-violations","to_ping":"","pinged":"","post_modified":"2023-04-11 12:52:44","post_modified_gmt":"2023-04-11 02:52:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3780","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3480,"post_author":"1","post_date":"2022-02-16 21:20:15","post_date_gmt":"2022-02-16 10:20:15","post_content":"\n

McDonald's is the latest company to join the metaverse.<\/p>\n\n\n\n

Josh Gerben, a trademark lawyer, has announced the news that McDonald's had filed 10 trademarks<\/a>. The applications include \u201cvirtual food and beverage products; downloadable multimedia files containing artwork, text, audio and video files and\u00a0non-fungible tokens<\/a> (NFTs).\u201d\u00a0<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/JoshGerben\/status\/1491449758967562240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1491449758967562240%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbeincrypto.com%2Fmcdonalds-filed-10-trademark-applications-for-the-metaverse%2F\n<\/div><\/figure>\n\n\n\n

McDonald\u2019s is additionally planning to create \u201cvirtual concerts and other virtual events\u201d and virtual restaurants \u201cfeaturing actual and virtual goods.\u201d <\/p>\n","post_title":"10 Trademarks Filed By McDonald's For The Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"10-trademarks-filed-by-mcdonalds-for-the-metaverse","to_ping":"","pinged":"","post_modified":"2023-04-11 12:55:02","post_modified_gmt":"2023-04-11 02:55:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3480","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":1529,"post_author":"1","post_date":"2021-10-29 17:25:31","post_date_gmt":"2021-10-29 06:25:31","post_content":"\n

One of the largest art sales in history may have just taken place, CryptoPunk #9888 sold for $530 Million.<\/p>\n\n\n\n

Although, this is no more than just an elaborate hoax. See it is hard to trick people when you buy your own artwork, especially on a public blockchain.<\/p>\n\n\n\n

A Twitter bot tracking the sales of every CryptoPunk tweeted this on Thursday night shortly after 8 pm. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptopunksbot\/status\/1453872415591829504\n<\/div><\/figure>\n\n\n\n

You may wonder \"What makes this NFT worth half a billion dollars?<\/a>\" and the truth is, not much actually. <\/p>\n\n\n\n

Using Rarity<\/a> ranks its Rarity Score at a mere 136.49<\/a>, compared to Punk #7804 which actually sold for $7.57M and has a rarity score of 2329.18<\/a>.<\/p>\n\n\n\n

Due to the fact this punk lacks desirable features from a collectors perspective, it quickly attracted attention to how it could sell for this sum of money. <\/p>\n\n\n\n

A look at the Ethereum Blockchain Ledger shows that it was nothing more than smart, smart contract trickery.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/nanexcool\/status\/1453874296812670976\n<\/div><\/figure>\n\n\n\n

Why Would You Buy Your Own NFT?<\/h2>\n\n\n\n

The purchase was made using a flash loan contract, essentially this is a loan that is repaid immediately. <\/p>\n\n\n\n

The owner of this Punk bought his own Cryptopunk and instantly paid back his loan, using smart arbitrage he bought millions of eyes onto his NFT for only $800 in Ethereum Gas Fees.<\/p>\n\n\n\n

Is this purely genius marketing to a not so spectacular Cryptopunk?<\/p>\n","post_title":"What's Behind The $530M CryptoPunk #9998","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptopunk-9998","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:56","post_modified_gmt":"2022-03-14 10:05:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=1529","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 5 6 7 8

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n