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Remote Japanese Village Turns to NFTs to Support the Elderly
By Philip Maina 2 months agoThu Jun 27 2024 10:51:32 Reading Time: 2 minutes A remote Japanese village is using NFTs to support its ageing population The village is selling collectibles and using the proceeds to organize school events and other community initiatives The project has the blessings of the country’s ruling party, which contributed $62,500 as a grant Japan’s Neo-Yamakoshi village found in the Niigata mountains is changing how it cares for its elderly population by turning to NFTs . The village is using an NFT collection dubbed “Nishikigoi” to raise funds that go into funding community projects like...
OpenSea to Launch Revamped NFT Marketplace
By Philip Maina 4 weeks agoWed Nov 06 2024 12:05:22 Reading Time: 2 minutes OpenSea plans to recreate the NFT marketplace and relaunch it next month OpenSea CEO Devin Finzer said they’ve “been quietly cooking” the new platform Finzer didn’t disclose what features they intend to add or remove from the marketplace Two months after receiving a Wells Notice from the SEC , NFT marketplace OpenSea has revealed plans to revamp the platform. Although it’s yet to disclose the features or the point of focus for the new platform, its CEO Devin Finzer said they’ve “been quietly cooking” and rethinking...
Lawyer Says SEC Unlikely Changed Stance on Whether Solana is a Security or Not
Lawyer and Chief Legal Officer at Variant fund, Jake Chervinsky, says the SEC’s request to amend its complaint against Binance does not signal that the regulator no longer regards Solana, or the other crypto mentioned in the case, to be unregistered securities. Chervinsky says the move is purely a “litigation tactic” on the SEC’s part and notes the regulator still refers to Solana and some of the other tokens as securities in its other legal cases, including its case against Coinbase. Other senior figures support Chervinsky’s view, saying the significance of the SEC’s apparent backdown is limited to the Binance...
