The Nightly Mint: Daily NFT Recap

Blockchain Crypto Market Cryptocurrency
May 26, 2022 by CoinSurges
29
We’re wrapping up the last full week of May, and the NFT market is seemingly still performing strongly – considering the middling cryptocurrency market at large Meanwhile, Solana NFTs are

We’re wrapping up the last full week of May, and the NFT market is seemingly still performing strongly – considering the middling cryptocurrency market at large.

Meanwhile, Solana NFTs are getting a nice boost in what the community is calling ‘Solana Summer.’ Can a rising tide lift all boats? Additionally, U.S. case law around NFTs – largely unprecedented thus far – is seeing new decisions that could have major impacts on how legal courts interpret cases in the future.

Get best and latest bitcoin news today with coinsurges.

The Nightly Mint

Latest Mint: Solana NFTs, Apparently

If you’re keeping up with the hype, dominating the conversation this week has been goblintown and Trippin Ape Tribe. The latter has been an explosive project on Solana (the former being on Ethereum), and for a brief period today took the lead over Ethereum in 24-hour volume.

Related Reading | Metaverse Record: Biggest Property Sale In Virtual Land Hits $5 Million

Note: Check breaking stories and Latest Cryprocurrency News with coinsurges.

Solana has been featured as the leading 'altcoin' community, and while other blockchains continue to make strides, it's a 'long game play' for the broader NFT community. | Source: SOL-USD on TradingView.com

Historic NFT Federal Case Law Underway With ‘MetaBirkins’

A new precedent in NFT case law could be underway, as Hermès battles with artist Mason Rothschild over his ‘MetaBirkins’ project. An analysis of some recent decisions in the case by Pierce Atwood LLP reflects that Rothschild’s were a form of artistic expression fitting under the First Amendment. However, the court will still need to decide whether the project’s name has had “sufficiently compelling” enough evidence to show a likelihood of confusion between the fashion firm’s item and the project name.

The ‘Minty Fresh’ Take

Not wrong.

Related: Check Live price, charts, and trading for the best cryptocurrencies like Bitcoin, Ethereum, Shiba Inu, Dogecoin etc.

Related Reading | Do Kwon’s Proposal For Terra Relaunch Gets Approved, Now What?

Featured image from Pexels, Charts from TradingView.com
The Nightly Mint: Daily NFT Recap
The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.
Read Entire Article

Related: Coins Marketcap

Related posts

Add a comment