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Metaverse DAO Jenny Pools $7M For Fractionalized NFTs On Unicly


Jenny DAO, the first Metaverse DAO to launch its social token on Unicly, has pooled $7 million towards shared NFT ownership. Funds raised by the DAO, including contributions from several leading VCs, will go towards establishing and managing an NFT collection on Unicly.
The $7M will make Jenny DAO one of the largest stewards of NFT collections on Unicly and will give holders of its native JENNY token a direct incentive in seeing Unicly succeed. On May 13, the uJENNY token will list on Unicly’s AMM, which combines the token-swapping functionality of a regular DEX with the tools for trading ownership of NFTs. ....

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Georgia Towns Sue Netflix In Flimsy Bid To Nab A Slice Of The Pie


Fri, Jan 29th 2021 6:35am
Karl Bode
A handful of municipalities in Georgia have filed a lawsuit (pdf) against Hulu, Netflix, and other streaming providers in a ham-fisted bid to saddle customers with cable franchise fees. Such franchise fees were common in the cable TV era. In large part because such cable providers had a physical presence in local municipalities. They utilized public rights of way, hung their coaxial cable on city-owned utility poles, often had local offices or broadcast hubs, and in some instances provided public access television.
As a result, traditional cable companies struck local franchise agreements requiring they pay the local community for the right to access public property and resources. Since streaming providers (usually) have no physical presence in the states they re doing business, those fees didn t transfer over to the streaming industry. Enter these Georgia towns, which filed a lawsuit not only claiming that ....

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