Topic 1: Nike Sues StockX for NFT Sale of Their shoes

Follow this story if you can. Strictly speaking, an NFT is simply a blockchain receipt that you own a specific thing. StockX sells NFTs that are actually fungible. You can trade you NFT for a physical shoe they hold in a locker for you.

Google Nike StockX NFT and you’ll see ads from StockX that use the Nike name and images. But they are not an authorized Nike retailer. StockX says they’re not selling Nikes, only tokens. Trademark law is confused on the issues.

But this isn’t the only issue like this. Turning “Magic the Gathering” cards into NFTs – but not by the owner.   

Links: 

https://www.retaildive.com/news/nike-sues-stockx-over-nft-shoes/618340/  

https://www.vice.com/en/article/m7v5vq/the-harebrained-scheme-to-turn-magic-the-gathering-cards-into-nfts 

Topic 2: Dave’s Sad, Irritating Venture into NFTs

Caution: Adult language.

Topic 3: SpaceX Loses 40 Satellites to Solar Storm

Solar storms have knocked out forty car-sized satellites. Worse storms coming. Sun has 11 year cycles and the hyperactivity will peak in 2025.

We think this comes at a very interesting time in the history of technology.

Link:

https://www.technologyreview.com/2022/02/10/1045202/spacex-just-lost-40-satellites-to-a-geomagnetic-storm-there-could-be-worse-to-come/ 

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