Why Soulbound Tokens Are Not the Future of Decentralized Identity

Decentralized identity is a crucial topic in today’s digital age, and it’s no wonder that conversations surrounding it continue to thrive at Consensus 2023. However, during a panel discussion on how to protect one’s identity, a consensus was reached that soulbound tokens (SBTs) were not the way forward. Decentralized identity has been explored by some […]

Sotheby’s Launches On-Chain Secondary NFT Marketplace for Digital Art Collectors

Sotheby’s, a renowned art auction house, is stepping up its non-fungible token (NFT) offerings by launching a new peer-to-peer secondary marketplace through its Web3 arm, Sotheby’s Metaverse. The platform will provide a curated selection of digital art by renowned artists from across the world, facilitating direct transactions between collectors through an integrated sales system. The […]

NFT Lending Platform Blend Raises Concerns Over Liquidity in the Ecosystem

As the popularity of non-fungible tokens (NFTs) continues to surge, NFT marketplace Blur has entered the NFT lending space with Blend, a new peer-to-peer lending platform that allows traders to lease their NFTs to collectors. Although it aims to drive liquidity into the NFT ecosystem, concerns have been raised about its impact on the broader […]

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