Okay, it's not all literally news exclusively today, but these are the most notable articles I read today. News for me, that is, actually. Lots of news about NFTs, a new major crypto fund and SushiSwap might get a Swiss foundation; SushiSchwatz?
Airline Qantas launches NFTs
It's not the first airline to do this, but Qantas says it will use the proceeds to combat CO2 emissions. I'm curious to see how measurable this becomes and will try to follow it. A company launching an NFT in a press release is reminiscent of the days when companies proudly announced that they had a website. And the media obediently reported that as news as well. Hello 1995, nice to have you back.
Copyrights of NFTs increasingly problematic
A particularly good long read on who actually owns what in the wonderful world of NFTs. A great quote:
'"Right clickers" store JPEG copies of the illustrations of popular NFTs. The owners of those NFTs say this is copyright infringement. Only one of them can be right.
Building vast NFT worlds.
This particularly nuanced and comprehensive article dates back to March 12 but I just got it via @phitar. The article is special because it considers NFTs from a technical, as well as a practical and even artistic perspective. The author, Simon de la Rouviere, programs, writes, makes electronic music and is a CEO. If he can also dance, I have discovered my homo universalis of NFTs.
Former prosecutor launches $1.5 billion crypto fund
Of course, founder Katie Haun has done much more, but in the blog post introducing herself, this sentence stands out:
"I spent more than a decade at the U.S. Department of Justice prosecuting organized crime, homicides, public corruption, prison gangs, white-collar crime and money laundering."
And now she is going to invest in pictures of monkeys.
A second passage that stands out:
"We have built community participation into our practices from day one. As an early investor in this market, I am proud of the pioneering program I helped develop to delegate governance rights and tokens to community organizations, universities and nonprofits."
As with Qantas, the question is: how? Hopefully we are going to see this noble initiative become a reality.
SushiSwap gets a Swiss foundation
All well and good such a Decentralized Autonomous Organization (DAO), but if it can get you into trouble in terms of liability, a Swiss foundation seems like a good solution. The DAO member of DeFi platform SushiSwap who is proposing this is budgeting $100,000 for set-up and another $100,000 for the foundation's annual costs. That will get you about just about as far as registration in and annual dues to the Swiss Chamber of Commerce in Switzerland.