To investors, The NFT industry has exploded in popularity this year. There was more than $2.5 billion in sales volume during the first half of 2021 and it has only accelerated since then. Here you can see the weekly NFT buyers through the end of June consisted of both primary and secondary market participants.
You need to check out cryptomotors.io—it’s not a JPG, it’s rights to a professionally-designed concept car that is fully developed for everything from film (you get royalties if it appears in a movie) to games (Race your car online and make it your getaway car in GTA? More than possible.) to actual production. (You get paid if your car model gets built irl.)
And the way they encode the data on-chain means you own more than an image and a promise to redeem the other assets. It’s all baked into your NFT with cryptomotors.
Pomp - Here's a weird NFT Timebomb development we could use your help with - A super weird use of NFTs is jeopardizing blockchain and crypto...
I am fighting for a patent-free & open-source code in blockchain, crypto, & fintech. My company is one of 15 U.S. companies targeted with a weird and unexpected use for NFTs.... an NFT-Patent litigation in a box scheme (see opensea.io link below). More recently, the landscape has become more complicated with a Robinhood Markets matter too. These lawyers are auctioning granted and active US patents in an NFT wrapper encouraging anyone with tradeable crypto to tangle with our most important fintech companies - that "anyone" includes disruptive foreign Chinese or Russian actors.
In the wrong hands, a rogue core patent could cost our industry 100s of $billions in value disruption. We understood that Square-Dorsey-COPA were looking into this matter...however, we are now uncertain.
My institution(s) are treating the #797 NFT patent as a no-go-zone / 3rd rail because (i) we don't know the actual trading/dealing price and bidding on the NFT could signal perceived exposure, and (ii) we have at least 1 patent in a vulnerable appeals process, and somehow management thinks attention to this matter jeopardizes a successful appeal at the USPTO.
This NFT is essentially selling a litigation package (!) that is targeted at our blockchain software company(even though we operate as a Cayman Island SEZ Company avoiding any legal US corporate nexus). Fourteen other companies are implicated in this NFT - many U.S. We believe that 15 companies makes this NFT auction a public policy matter.
Patents don't belong in our industry, and we're trying to raise media awareness.
Unfortunately our resources are limited and our U.S. securities law expertise is very limited, so we believe your coverage would shine a light on this unhelpful NFT development.
The NFT claims "unlockable content" (attached), and using an intermediary, we were able to secure a number of documents including patent “charts” which appear to lift materials from our marketing and technical materials.There's lots of background, "charts", and tables that we are unfamiliar with.
a "new" status game is just like the "old" status game. first folks in usually hold most of the cards and everyone build else gets to pay for the house (of cards).
You need to check out cryptomotors.io—it’s not a JPG, it’s rights to a professionally-designed concept car that is fully developed for everything from film (you get royalties if it appears in a movie) to games (Race your car online and make it your getaway car in GTA? More than possible.) to actual production. (You get paid if your car model gets built irl.)
And the way they encode the data on-chain means you own more than an image and a promise to redeem the other assets. It’s all baked into your NFT with cryptomotors.
(Not shilling just super enthused.)
Pomp - Here's a weird NFT Timebomb development we could use your help with - A super weird use of NFTs is jeopardizing blockchain and crypto...
I am fighting for a patent-free & open-source code in blockchain, crypto, & fintech. My company is one of 15 U.S. companies targeted with a weird and unexpected use for NFTs.... an NFT-Patent litigation in a box scheme (see opensea.io link below). More recently, the landscape has become more complicated with a Robinhood Markets matter too. These lawyers are auctioning granted and active US patents in an NFT wrapper encouraging anyone with tradeable crypto to tangle with our most important fintech companies - that "anyone" includes disruptive foreign Chinese or Russian actors.
In the wrong hands, a rogue core patent could cost our industry 100s of $billions in value disruption. We understood that Square-Dorsey-COPA were looking into this matter...however, we are now uncertain.
My institution(s) are treating the #797 NFT patent as a no-go-zone / 3rd rail because (i) we don't know the actual trading/dealing price and bidding on the NFT could signal perceived exposure, and (ii) we have at least 1 patent in a vulnerable appeals process, and somehow management thinks attention to this matter jeopardizes a successful appeal at the USPTO.
This NFT is essentially selling a litigation package (!) that is targeted at our blockchain software company(even though we operate as a Cayman Island SEZ Company avoiding any legal US corporate nexus). Fourteen other companies are implicated in this NFT - many U.S. We believe that 15 companies makes this NFT auction a public policy matter.
Patents don't belong in our industry, and we're trying to raise media awareness.
Unfortunately our resources are limited and our U.S. securities law expertise is very limited, so we believe your coverage would shine a light on this unhelpful NFT development.
The blockhain/defi auction is here:
https://opensea.io/assets/us-number-10025797
The NFT claims "unlockable content" (attached), and using an intermediary, we were able to secure a number of documents including patent “charts” which appear to lift materials from our marketing and technical materials.There's lots of background, "charts", and tables that we are unfamiliar with.
Best,
Dan
play stupid games, win stupid prizes.
a "new" status game is just like the "old" status game. first folks in usually hold most of the cards and everyone build else gets to pay for the house (of cards).
Hey Pomp, how is that NFT market that you pumped and dumped doing these days?