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Hermès Wins Lawsuit against MetaBirkin NFTs
The interpretation of the First Amendment in the context of NFT creation appears to be shifting in the US legal landscape. In the recent legal battle between French luxury fashion house Hermès and artist Mason Rothschild, Hermès has managed to secure another win. Lacost expands its Web3 program, unveiling a gamified ecosystem!
French clothing brand Lacoste has announced the expansion of its Web3 program with a token-gated ecosystem that gamifies user participation and offers NFT-related perks. The initiative, called UNDW3 (pronounced “underwater”), builds upon the brand’s previous release of 11,212 profile picture NFTs featuring its iconic crocodile motif. OVAL3: Where Fantasy Rugby Takes on New Heights of Ambition
Crypto rewards and NFT collecting are making fantasy sports games even more enticing than their traditional counterparts. The number of offerings providing an immersive digital experience is on the rise. Among them is OVAL3, a unique fantasy rugby platform. Coffee Brand Bialetti Launches its Loyalty Program in Web3
Bialetti, a cornerstone of Italian coffee culture, is launching the Moka Expressions NFT membership club. The company identifies its evolution into the digital sphere and the adoption of innovative technology as the next phase in its century-long history. Kusama Kingdom: The Digital Blue Blood in the Kusama Ecosystem
If you've always dreamt of reigning a kingdom, Web3 offers endless opportunities to realize this. The NFT collection of Kusama Kingdom not only provides you the chance to be a king or a queen, but also to produce an heir, and experience a wealth of privileges alongside memorable moments. 5 Thrilling NFT Debuts in Modern Art
Every month, the blockchain witnesses a flood of thousands of new NFTs birthed by artists, musicians, actors, and diverse creative minds. Amidst this creative deluge, it's easy to miss the sight of some particularly captivating conceptual pieces. Thankfully, you have Gagarin News at your service.
Affected by the Azuki “Elementals” NFT incident (similar artworks, errors in the artwork, and collector dissatisfaction), the NFT market fell sharply again in the past 24 hours.
BAYC fell 16%, MAYC fell 20%, and Azuki fell 11%.
Earlier this year, Azuki NFTs gained significant popularity, surpassing even BAYC NFTs.
Meanwhile, AzukiDAO has proposed to recover 20,000 ETH from Azuki founder ‘Zagabond’.
The proposal suggests hiring a lawyer to take legal action against Zagabond for their alleged involvement in multiple “rug” projects. The aim of the clawback is to retrieve $39 million worth of ETH that was earned from the controversial launch of “Elementals” NFT collection.
As of now, the action has received support from 88.3% of AzukiDAO (BEAN) token holders, with 11.65% opposing it. The voting period for the proposal will conclude at 6:38 am UTC on July 3rd. NFT Tech Introduces Breakout AI Platform
NFT TECHNOLOGIES INC (NFT Tech) has brought to market the groundbreaking Breakout AI platform, underpinned by artificial intelligence. This platform is a solution for the monetization of intellectual property, poised to solidify NFT Tech's leading position in the immersive experience industry. 










