A monetary paradox abounds in the world’s wealthiest nations: the most money is spent, while it seems that day by day fewer people carry bills and coins in their wallets. The opposite paradox exists in the global south, where most people don’t even have a bank account so instead rely on cash. That’s why central…
The growing craze behind NFTs (non-fungible tokens) and the exuberant prices which they sell for mean that more and more artists are considering selling tokens of ownership of their artworks on the blockchain as collectibles. The hype and the value involved, brings with it interesting innovations when it comes to the possibility for visual artists…
Another season, another NFT trend. The market in non-fungible tokens that made global headlines this year, is still making waves. One of the more recent developments has been the application of NFTs in the real-estate realm. Though the first NFT-based auction of real estate occurred in 2017, the idea is only now taking hold on…
So you want to join the NFT hype. Maybe you have an unpublished photograph lying around. Maybe you published an image years ago that people loved and you would like to tokenise it. Maybe you modelled in a photoshoot and you would now like to add ‘NFT-aficionado’ to your influencer repertoire. In any case, you…
Imagine you are the artist of an image and you hold the associated copyrights, as well. On one of your leisurely strolls across the internet, you find that someone has made an NFT of your image and has minted a thousand of these NFTs. These are now recorded on the blockchain. Only, you have never…
If you are on instagram, chances are you have seen your favourite artists start selling their pieces as NFTs. If you read the newspaper, you will have read about the first tweet selling for millions. If you are more of a long-read article enthusiast, you may have read about the environmental impact associated with NFTs….
You may have noticed that NFTs have been popping up in the news. Digital artist Mike Winkelmann, known as Beeple, sold a collage of his works for a whopping $69.3 million worth of Ether, a cryptocurrency. Quite the sum for a JPEG file. Everybody seems to be jumping on the NFT train lately; Taco Bell…
This is Dragon, a cryptokitten that was sold for 170.000 dollars two years ago. Cryptokitties are at once blockchain collectibles and a game of sorts. The cats can be bred, resulting in new cats which will have a new generation on the Ethereum blockchain. The limited number of early-generation kitties have the highest collection value….
Last month a proposal for a regulation on markets in crypto-assets (MiCA) was leaked to the press. It concerns a 168-page document consisting of 114 articles. The proposal has four main self-proclaimed objectives. First, to provide legal certainty and regulatory clarity for all crypto-assets that have not yet been covered by existing financial services legislation….
Blockchain obviously has not been the focus of the people that drafted the GDPR. It simply wasn’t there yet. The GDPR is written with some sort of central control in mind. That is not how blockchain is supposed to work. The consequences of that and the way Europechain deals with that are detailed in this…
When bitcoin was introduced, many believed that this blockchain based crypto coin would replace the “old” money like the euro and dollar (also known as “fiat” money). All payments would be made in crypto. Fiat would become obsolete. Users wouldn’t need banks anymore. They would trade freely, globally and independently. Furthermore, blockchain would enable additional…
Is the blockchain and EU privacy laws a bad marriage? One might think so. Isn’t the EU privacy law all about the right to be forgotten? To be erased from a system one wants to break free from? And isn’t it impossible to be forgotten once your data are on a blockchain? And therefore, isn’t…
With blockchain one can divide up any object into countless pieces and sell or rent out these pieces, and keep track of everything in a way that is as safe as the old-fashioned land registry, but infinitely cheaper. All the buyers of these pieces become co-owners of the object. The blockchain does the work; from…