OpenSea to launch new platform next month, CEO says

Non-fungible token marketplace OpenSea is set to debut a new platform next month, as revealed in the latest update on Monday, Nov. 4. OpenSea chief executive officer Devin Finzer announced the timeline for the launch on X, stating that the…

Sotheby’s to offer six works by AI art star Botto, a decentralized artist operated by a DAO

Sotheby’s is auctioning six works by the autonomous artist Botto in an exhibition that marks the third anniversary of the AI bot created by Mario Klingemann in collaboration with ElevenYellow. The auction house Sotheby’s is hosting Botto’s first art exhibition…

Welcome to the afterlife: 96% of NFT collections considered ‘dead’

According to experts, 96% of more than 5,000 existing NFT collections are "dead." This means that they have zero trading volume, no sales for more than seven days, and no activity on the X social network.

A16z, OpenSea partner with Stand With Crypto to create NFT legal fund  

Andreessen Horowitz’s a16z Crypto fund has partnered with Stand With Crypto and OpenSea to create the Creator Legal Defense Fund. According to releases from OpenSea and a16z, this initiative is designed to provide legal support and consultation to artists and…

Industry leaders a16z, OpenSea pledge $6 million to shield NFT artists from legal threats

The Stand With Crypto Alliance, a Coinbase-backed non-profit organization, is leading efforts to establish the Creator Defense Fund initiative that has raised $6 million from venture capital firm Andreessen Horowitz (a16z) and NFT marketplace OpenSea.

SEC’s Onslaught Against OpenSea Meant To Distract Crypto Sector, Asserts Kraken Founder

The crypto community has backed leading NFT marketplace OpenSea, the latest target in the U.S. SEC's ongoing regulatory offensive against the sector.