Three individuals, including Shane Sonderman, Joel Ortiz, and Eric Meggs, were arrested for conducting SIM swapping and scamming people for millions of dollars.
The goal is to create an information display site similar to Coin Market Cap, but for NFTs, such as Topshot. This site would track funding news and revenue for these NFTs.
In this podcast episode, the host discusses his experience with selling NFTs and the team behind it. Despite the initial success, he shares his cautionary tale of taking cryptocurrency as payment and dealing with its volatility.
Gary Vee and Logan Paul are heavily invested in NFTs after making a fortune from sports and Pokemon cards. The NFT market may be volatile as it relies on people's interest in collecting digital assets.
With the recent NIL change, athletes have the opportunity to profit off of their name, image, and likeness. This has opened up a market for printed t-shirt swag, but many athletes do not want to handle the infrastructure, providing an opportunity for an entrepreneur to partner with them.