The Morning After: Adidas' first NFT drop made $23 million

If you’ve started to generally understand the ebbs and flows of cryptocurrencies, the volatility of Bitcoin and the rest, and started to comprehend why blockchain tech has a big future beyond Dogecoin, it probably means you’re late to the NFT party. Non-fungible tokens are, well, unique. (That’s what non-fungible means.) They’re sort of like a digital trading card in a lot of ways.These digital goods are shaking up the art world, sports collectibles and many other fields. And you’re late to the party because, well, Adidas is making bank, and Nike is chasing the NFT bucks as well. (We have a deeper dive on NFTs right here.)Over the weekend, Adidas' first NFT effort made over $23 million in Ethereum, from a $15.5 million Early Access phase and $7.5 million in general sales. It wasn’t entirely smooth sailing — Adidas had to halt early transactions due to a technical hitch. It did, however, prove there’s an audience for NFT collaborations, starting with this partnership with Bored Ape Yacht Club (an existing collection of Bored Ape NFTs).— Mat Smith Due to shortages, Microsoft used Xbox dev kits to run a 'Halo Infinite' tournamentSupply chain constraints.MicrosoftA Kotaku report over the weekend explains how Microsoft had to use Xbox Series X dev kits to run the first major Halo Infinite tournament, the Halo Championship Series' Raleigh Major, this weekend. Sadly, the company couldn't find enough retail consoles to use — the "global supply chain shortage is real," 343... Continue reading at 'Engadget'

[ Engadget | 2021-12-20 12:13:50 UTC ]
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Other news stories related to: "The Morning After: Adidas' first NFT drop made $23 million"

The Morning After: Adidas' first NFT drop made $23 million

[ Engadget | 2021-12-20 12:13:50 UTC ]
More news stories like this | News stories tagged with: #copyright law #video game #bragging rights #automaker didn #hummer ev

The Morning After: Amazon finally made a Kindle with a color display

In a barrage of Kindle hardware, Amazon might have something for anyone looking to upgrade from a basic Kindle. The biggest reveal might be the Kindle Colorsoft, its first reader with a color display. Amazon tried to ensure the reader has a good color and black-and-white experience, with high... Continue reading at Engadget

[ Engadget | 2024-10-17 11:15:33 UTC ]
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Arrests made a year after gold and cash worth millions were stolen at Toronto airport

Authorities in Canada say they have made arrests in the theft of a cargo container that included gold and other items worth over 20 million Canadian dollars — about $14.5 million — that were stolen from Toronto’s Pearson International airport a year ago Continue reading at ABC News

[ ABC News | 2024-04-17 01:10:08 UTC ]
More news stories like this | News stories tagged with: #pearson #toronto airport

The Morning After: Lenovo made an e-ink tablet to rival Amazon’s Scribe

The CES conveyor belt of PCs doesn’t let up. Lenovo has been busy. Let’s start with its latest YogaBook, the dual-screen YogaBook 9i. Instead of folding like a conventional laptop, this… thing unfurls a screen atop another, with a slimline keyboard at the bottom. Thankfully, as well as the... Continue reading at Engadget

[ Engadget | 2023-01-06 12:15:23 UTC ]
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Morning Brew Tops $36 Million First-Half Revenue and Launches Its 10th Newsletter

The business news publisher Morning Brew, an Axel Springer property, launched its 10th newsletter Monday morning, a product called CFO Brew that aims to reach readers in strategic and corporate finance. The publisher has grown rapidly since selling a majority stake to Insider in October 2020... Continue reading at AdWeek

[ AdWeek | 2022-07-12 10:01:54 UTC ]
More news stories like this | News stories tagged with: #news publisher #$75 million #majority stake #grown rapidly #reach readers

Leading NFT blockchain Flow announces $725 million Ecosystem Fund to drive Web3 innovation

The fund will be available to developers globally and will focus on those in the decentralized finance, gaming, and digital content space. Flow, one of the leading blockchains in the Web3 arena, has announced the launch of a new fund designed to spur innovation among those building apps, games,... Continue reading at Fast Company

[ Fast Company | 2022-05-10 09:00:23 UTC ]
More news stories like this | News stories tagged with: #digital content #digital assets

B&N Posted Loss of $125 Million on 6% Sales Drop in FY '18

Total sales at Barnes & Noble fell 6.0% in the fiscal year ended April 28, 2018, compared to fiscal 2017, and the retailer posted a net loss of $125.5 million last year, compared to net income of $22.0 million in fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-21 00:00:00 UTC ]
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Now You Can Get In on the Facebook Ad Network That Made Millions for the Kardashian Game

Facebook is taking the wraps off its mobile ad network after saying the early results helped lead to big gains for apps like Shazam and game makers like Glu Mobile, the developer behind Kim Kardashian: Hollywood. The company said today that the Facebook Audience Network is now open to all... Continue reading at AdWeek

[ AdWeek | 2014-10-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mobile website #drive traffic #ad server #mobile advertising #in-app purchases #ad revenue

Ebooks Made Up 23 Percent of US Publisher Sales in 2012, Says the AAP

Ebooks accounted for 22.55 percent, or nearly a quarter, of U.S. book publishers&rsquo; sales in 2012, according to a full-year report released by the Association of American Publishers Thursday. That&rsquo;s up from 17 percent of sales in 20 ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-04-11 00:00:00 UTC ]
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Stora Enso Restructures to Drop $63.6 Million in Costs

Stora Enso has announced a restructuring plan that aims to cut costs in its annual magazine paper operation by about $63.6 million by third quarter 2013, with the goal of improving efficiency and productivity. Continue reading at Folio Magazine

[ Folio Magazine | 2012-02-09 00:00:00 UTC ]
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Sharjah International Book Fair 2024 Reports 1.82 Million Attendees

Top countries in terms of visitors to the 43rd Sharjah International Book Fair were the United Arab Emirates, India, Syria, Egypt, and Jordan. The post Sharjah International Book Fair 2024 Reports 1.82 Million Attendees appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-11-18 22:28:07 UTC ]
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OpenAI Is Paying Dotdash Meredith At Least $16 Million to License Its Content

The artificial intelligence firm OpenAI is paying the digital media company Dotdash Meredith a minimum of around $16 million per year to license its content, according to public financial documents from IAC, the parent company of Dotdash Meredith. The figure is a minimum... Continue reading at AdWeek

[ AdWeek | 2024-11-18 09:18:13 UTC ]
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How ‘Unassimilable’ by Bianca Mabute-Louie Got Made

An inside look at the publication process for the scholar and activist’s examination of Asian Americans who refuse to assimilate. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-11-15 05:00:00 UTC ]
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Want to know how libraries fared on the ballot? This cool non-profit made a chart.

EveryLibrary, a non-profit dedicated to supporting public and school libraries across the country via local grassroots organizing, has been tracking anti-library legislation since 2012. Between the onslaught of book bans and censorship petitions, they’ve naturally had a busy few years. But last... Continue reading at Literrary Hub

[ Literrary Hub | 2024-11-13 17:52:28 UTC ]
More news stories like this | News stories tagged with: #libraries #tuesday night #book bans #school libraries

The Morning After: Our verdict on the PS5 Pro

Sony’s new beastly console is a niche product for PlayStation gamers who want the most premium experience. The PlayStation 5 Pro is the console equivalent of the iPhone Pro Max or the Kindle Signature but still cheaper than a PC gaming rig. It has a more powerful GPU, capable of offering 4K and... Continue reading at Engadget

[ Engadget | 2024-11-07 12:18:36 UTC ]
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42.3 Million Viewers Watched Presidential Election Night Coverage

Donald Trump made a political comeback, but the ratings didn't. On Tuesday, 42.3 million viewers tuned in to watch presidential election coverage across 18 networks, according to Nielsen Media Research. That's a 25% decline in viewership compared to 2020, which drew 56.9... Continue reading at AdWeek

[ AdWeek | 2024-11-06 23:34:29 UTC ]
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The Morning After: Your Switch games will work on Nintendo’s next console

You won't have to worry about repurchasing your Nintendo favorites when the Switch’s successor finally arrives. In its earnings report, Nintendo said its next console will have backwards compatibility and be able to run games made for the Switch. In addition, Switch Online will also be available... Continue reading at Engadget

[ Engadget | 2024-11-06 12:15:26 UTC ]
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The Morning After: Our verdict on the Kindle Colorsoft

Finally, a color Kindle. Amazon, the dominant force in ereaders, finally brought color eink to its series of devices — and we’ve reviewed it. The Kindle Colorsoft is a solid premium ereader, ideal for readers of comics and graphic novels. The company has upgraded page-turn speed and a handy... Continue reading at Engadget

[ Engadget | 2024-10-31 11:15:38 UTC ]
More news stories like this | News stories tagged with: #kindle #direct sunlight #people working #m4 chips #mac mini #battery life