Developers at Ninjalerts inscribed a Super Nintendo emulator on the Bitcoin blockchain, allowing the community to play classic games.
In this week’s newsletter, read about nonfungible token (NFT) founders who started giving company equity to their holders, and check out how community members responded to YouTuber Logan Paul finally refunding disgruntled investors of his CryptoZoo NFT project. In other news, find out how NFTs are stored and how Ninjalerts developers inscribed the Super Nintendo emulator on the Bitcoin network.
During the holiday season, Pons Asinorum, the founder of “The Plague” NFT collection, announced their holders would be gifted a percentage of their company shares. Following the announcement, another NFT collection founder, Ovie Faruq, also known as OSF in the NFT space, revealed a similar move on Jan. 1 for holders of the Rektguy NFT collection.
While this seems like a legal risk, Pons believes the move is legal as it was completely unexpected. The pseudonymous NFT founder told Cointelegraph there was no expectation that the holders would receive equity and clarified that it was a gift.
