Ethereum co-founder @VitalikButerin emphasized that Ethereum still needs to undergo three major technical transitions to reach its full potential, in a recent blog post.

Here is the TLDR 🧵 Buterin elaborated that the three crucial transitions are:

- Layer-2 scaling (rollups)
- Enhanced wallet security (smart contract wallets)
- Improved privacy for funds transfer and other Ethereum applications.

Welcome back to Now Runway, where we report to you from the front lines of the digital fashion revolution 🥻

This week, @afrodetz highlights @9dccxyz x @jeffstaple's networked product reveal, an AR cape by @pronounceddrop & @Nicolas_Sassoon exclusive to @ourZORA, & much more 🧵 .@LouisVuitton introduces VIA Treasure Trunk NFT collection. 🧳

Owners can unlock unique digital experiences and physical collectibles.

Available in select countries, each trunk is priced at €39,000 (approx. $41,000).

We're back for another edition of our weekly column: Undervalued 📈

Join us as we explore innovative NFT projects, artists, and collections (both new and old) that are pushing the space forward.

Let's get started ... 🧵 First up, we have @StampuNFT 📨

This unique project allows collectors to send messages, NFTs, and ETH wrapped up as digital postcards. The collection features a growing array of multi-edition stamps created by both established and rising crypto-artists.

opensea.io/collection/sta…

June will be a huge month for NFTs 👀

Here’s everything that’s happening 🧵 1️⃣: @DeGodsNFT 3 and @y00tsNFT 2

@frankdegods and the DeGods team haven't shared many updates on these initiatives, but they've sprinkled some alpha in the Discord:

- DeGods 3 will come before Y00ts 2
- IP initiatives
- Airdrops
- Goals to make Y00ts a standalone brand

Seeing orange everywhere on Twitter? 🍊

That's the impact of $OXBT, a rising BRC-20 token.

But what's BRC-20? Let’s dive in 🧵 What are BRC-20 tokens? 🕵️‍♂️

Introduced in March 2023 by anonymous developer, Domo, BRC-20 tokens are similar to Ethereum's ERC-20 tokens.

Domo encourages the Bitcoin community to continue refining the standard design for optimal performance.

NEWS: The world's richest man owns NFTs.

Details below 🧵 Bernard Arnault is the world's richest man, owning 75 luxury brands including Louis Vuitton, Tiffany & Co, and it turns out, his own collection of NFTs. 👀

Arnault has reportedly shown interest in NFT technology in the past, and his sons have shown even more enthusiasm.

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With DeGods and y00ts migrating off chain, Solana’s NFT ecosystem has been facing acute challenges lately.

But @MadLadsNFT, a new 10K PFP project from Coral, may help it turn the tide.

Here’s what you need to know about the project. 🧵 Mad Lads features 10,000 illustrated PFPs of human characters that come with a variety of clothing, weapons, and biological attributes. 🎨

The collection minted for 6.9 SOL each on April 20, 2023, and quickly gained notoriety for its innovative drop and token mechanics.

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Here’s what you might not know about @Nakamigos, the project that’s taking over your TL 🧵 Nakamigos is a 20K PFP project from HiFo Labs, a little-known company that claims its team has been producing NFT and digital projects for the past five years.

The collection derives its name from the pseudonymous founder of Bitcoin, Satoshi Nakamoto.

Welcome back to Runway, where we report to you from the frontlines of the digital fashion revolution.

In this special edition, @afrodetz offers an insider look into Metaverse Fashion Week (MVFW), which runs March 28-31. 🧵 What to expect this year:

There will be less focus on purchases and a strong trend towards creator competitions from brands and communities, where a prize is awarded versus just showing a collection.

Two major additions:

- Linked wearables
- Designated welcome area and maps

It’s official. The community has spoken, and the future of media is tokenized. 🌐

@mattmedved writes on what’s next. 🚀
nftnow.com/features/the-n… Shoutout to our incredible @thenowpass holders 🙌

@33NFT
@AdamLindemann
@adamamcbride
@alxfal
@insider0x
@lphaCentauriKid
@amandacassatt
@CaballeroAnaMa
@andr3w
@anyma_eva
@avery_akkineni
@benskaarphoto
@berylbilici
@krybharat
@RealBlackCoffee
@BlackDave
@blakekathryn

BREAKING: U.S. accuses Sam Bankman-Fried of bribing Chinese officials to unfreeze $1 billion held by FTX sister company Alameda Research

Get the details 🧵👇 twitter.com/i/web/status/1… According to a court filing by United States attorney Damian Williams, SBF has been charged with an alleged $40 million bribe to a Chinese government official.

Source: documentcloud.org/documents/2372…

NEWS: Ticketmaster’s NFT token-gating feature is live.

Is this good for independent artists, or should we prioritize creator-owned forms of monetization?

1/5 🧵 The feature lets artists give eligible NFT holders special access to event tickets.

For example, holders could be given access to pre-sales or exclusive tickets with VIP features. 2/5

Welcome back to Runway, where we report to you from the frontlines of the digital fashion revolution

In this column, @afrodetz speaks with @yesladypheOnix, discusses new products from @Ledger, and more. 🧵 Italian brand Loro Piana recently partnered with Aura Blockchain Consortium, the luxury-driven global blockchain.

The fashion house will allow buyers to scan a QR code to trace every step of Loro Piana’s production process using blockchain technology.

This marks the first time any digital or print publication has released an entire issue as an NFT on the blockchain. @TIME @timepieces Learn more:
nftnow.com/culture/time-r…

How toilet paper NFTs erased $7 million in medical debt for low-income families: A thread 🧻 The sales from toilet paper NFTs created by Dallas-based software developer Joshua Lapidus have helped charity organization RIP Medical Debt settle $7 million of medical debt for low-income families. How?