Hermès sued the artist behind 100 MetaBirkins NFTs and won a $133,000 jury verdict in 2023. What the first NFT trademark trial actually decided, and what it left for the people holding the tokens.
Nike wound down RTFKT in January 2025. The Clone X tokens survived, the company behind them did not, and for a month the artwork went offline. What that says about owning a brand’s NFTs.
On March 11, 2021, Christie’s sold Beeple’s Everydays: The First 5,000 Days for $69.3 million, the first purely digital NFT-backed artwork sold by a major auction house.
On April 30, 2022, Yuga Labs’ Otherside land sale triggered one of the worst gas spikes in Ethereum history, burning nearly $180-200 million in fees.
CryptoPunks launched free in June 2017 as an experiment by two-person studio Larva Labs. It became one of the collections that proved NFTs could hold real value.
Quick answer: Bored Ape Yacht Club launched in April 2021 as a collection of 10,000 algorithmically generated ape images, sold for about $190 each. Within […]
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