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NFT
Polymesh Announces $25M Developer Grant Program, Avalanche Commits $290M in Avax for New Projects
Polymesh, a securities-focused blockchain, has announced a $25 million developer grant initiative to encourage security token projects on their network, and meanwhile, Avalanche committed $290 million to grow gaming, DeFi, and NFT “subnets.” “The Hash” discusses these incentivized initiatives for developers and how money is allocated in the crypto and blockchain space.

Boss Beauties CEO on Using NFTs to Honor Female Role Models
In honor of International Women’s Day, Founder and CEO of Boss Beauties Lisa Mayer joins “First Mover” to explain how her organization is honoring inspirational women from varying industries and generations with a series of non-fungible tokens (NFTs). Plus, Mayers discusses their efforts to mentor young women throughout the globe with scholarship programs.

Metaverse Fashion Means Business: Pantera and Polychain Invest $10M In Space Runners
Space Runners, a metaverse fashion brand focused on NFTs, has raised $10 million in an investment round led by Pantera Capital and Polychain. “The Hash” explores possible use cases of digital wearables in the metaverse while considering potential business models and prospective audience for these assets.

La gente no siempre te complacerá: el auge de la artista de NFT Emily Yang
Inicialmente, para esta artista fue un accidente adentrarse en el mundo de los NFT, pero ahora está haciendo realidad el sueño de toda su vida de crear para sí misma.

Korean Exchanges Block Russians; Crypto’s Role in Conflict
South Korea’s licensed crypto exchanges all block Russian accounts. Ukraine cancels planned airdrop with NFTs to be released instead. Russian sanctions hurting as citizens look for safe havens. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Ukraine Government Cancels Crypto Airdrop, Plans for NFTs Instead
The Ukrainian government announced it's canceling the pre-planned crypto airdrop for donors. Instead, it will issue NFTs to support the Ukrainian armed forces, but emphasized there are no plans to issue any fungible tokens. “The Hash” discusses the role decentralized technology has played in the Russia-Ukraine conflict. Co-host Zach Seward emphasizes the humanitarian crisis at hand, underscoring that “this war is not a crypto story.”

The Growing Trend of NFT Social Clubs
“The Hash” discusses the growing trend of exclusive crypto social clubs that require NFT ownership for entry, looking specifically at the “Friends With Benefits” and Maxwell Tribeca clubs. With these new use cases for non-fungible tokens (NFT) as “keys,” the co-hosts explore this phenomenon of crypto projects becoming community experiences.

Is the IRS Exploring NFTs as a Tax Revenue Source?
Nik De, CoinDesk managing editor for Global Policy and Regulation, joins “First Mover” to provide the latest update in an ongoing lawsuit against the Internal Revenue Service regarding income taxes for staked cryptocurrency on the Tezos blockchain. Plus, a discussion on whether the IRS could be looking into NFTs for tax revenue, and why Ukraine’s minister for Digital Transformation canceled the proposed crypto airdrop.

Bank of America: No Crypto Winter Given User Adoption, Developer Activity
Recent analysis from Bank of America indicated that amid increasing concerns of inflation and growing user adoption in the cryptocurrency space, a “crypto winter” is not likely to take place. “The Hash” discusses this thesis, looking at institutional adoption, the magnification of the NFT marketplace, and the use cases for crypto as seen in El Salvador, Canada, and now Ukraine.

KPMG Canada Purchases World of Women NFT for 25 ETH
Global accounting firm KPMG’s Canada branch recently marked its entry into digital collectibles by purchasing an NFT from the World of Women collection for 25 ETH. “The Hash” discusses this installment in the ongoing narrative of major institutions in the crypto space, comparing it to Visa’s purchase of a CryptoPunk NFT while also looking closely at the World of Women project and the cross-section between Corporate Social Responsibility (CSR) and digital assets.
