Music NFTs are helping creators monetize and build a fanbase, while NFT influencer loses assets after clicking an ad on Google. All that and more in the latest Nifty Newsletter!
Adam Levy, and rapper Jay Kila to discuss music NFTs and how they can help independent creators. Levy discussed the advantages of ownership-based NFTs and patronage-based NFTs, while Jay Kila spoke of how he was inspired by the technology’s ability to help artists make a living.
According to Jay Kila, NFTs may be the “last hope” for independent artists to get money more directly and he highlighted that it would be disruptive.Cointelegraph reached out to executives in the NFT gaming space to get their insights on trends to look out for in 2023. Aleksander Larsen from Sky Mavis, Zoe Wei from BNB Chain and Carlos Pereira from Bitkraft Ventures believe that many traditional gaming studios may soon jump into NFT gaming.
Meanwhile, the industry execs believe blockchain gaming models like play-to-earn and move-to-earn will need some tweaks. Larsen said that the P2E model does not work in its current state, while Wei said that further experimentation and analysis are necessary.A pseudonymous NFT influencer called NFT God recently claimed their wallet was drained after clicking a sponsored advertisement on Google containing malware.
NFT God, also known as “Alex” online, claimed that he used Google to download the video streaming software, called OBS. However, he mistakenly clicked a sponsored ad instead of clicking the actual website. He later realized that he had downloaded malware along with the software.YouTuber Logan Paul recently posted a three-step recovery pan for his controversial NFT project, CryptoZoo.
According to Paul, he will commit 1,000 Ether to a program that lets unhappy investors burn their NFTs to get their money back.
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