Latest NFT News

The founder and CEO of an Africa-focused payments firm, Elizabeth Rossiello, claimed on Nov. 11 that the beleaguered crypto exchange FTX had incorrectly included AZ Finance in its chapter 11 bankruptcy protection filing. The CEO insisted that her firm does not hold customer funds and is presently taking steps to correct the “erroneous court filings.” […]

FTX Collapse: Africa-Focused Payments Firm AZA Finance Slams ‘Erroneous Inclusion’ in FTX Bankruptcy Filing

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Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey crypto platform aims to “bolster Bakkt’s cryptocurrency product offering and expand its footprint into additional client verticals.” Bakkt to Expand Client Verticals With Different Offerings […]

Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint

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The European Union (EU) is working on a project that involves blockchain architecture and the use of non-fungible tokens (NFTs) to fight counterfeiting and forgery. The project is the product of several meetings and blockchain hackathons organized by the European Union Intellectual Property Office and proposes to create digital twins of products to trace their […]

European Union Presents Project to Fight Counterfeiting by Using NFTs for 2023

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LG, the South Korean electronics giant, is currently developing a cryptocurrency wallet app that will be launched later this year. The wallet, called Wallypto, will be part of a new business phase for the company, which recently abandoned its mobile hardware business and pivoted to software solutions. Wallypto will support only Hedera Hashgraph assets at […]

LG to Launch Crypto Wallet Wallypto Later This Year

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Ethereum is currently receiving a lot of attention as The Merge update is getting closer. The upcoming update will focus on enhancing all of the cryptocurrency’s protocols in order to make the system more efficient and safe. The upgrade has pushed major entities in the ecosystem to take the position. Many exchanges are forced to [...] The post OpenSea & Other Protocols Will Not Support Any Ethereum Forks, Post-Merge appeared first on Blockonomi.

OpenSea & Other Protocols Will Not Support Any Ethereum Forks, Post-Merge

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Yuga Labs, the creators of the popular Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Bored Ape Kennel Club (BAKC) non-fungible token (NFT) collections, has released another video clip showcasing the Otherside metaverse. The second Otherside trailer features characters called “Kodas” and the development team says “the story continues later this Q4.” […]

Creators of the Otherside Metaverse Drop New Teaser Video Featuring Creatures Called Kodas

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Anti-government hackers have attempted to sell what they say is an NFT of Belarus President Alexander Lukashenko’s passport. The members of the ‘Belarusian Cyber Partisans’ collective claim to have obtained the passport data of all of the country’s citizens. Cyber Guerrillas From Belarus Try to List NFT Passport Collection on Opensea A hacking group known […]

Hackers Offer to Sell Belarus President Lukashenko’s Passport as NFT

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American actor and comedian Bill Murray saw 119.2 ethereum drained from his wallet on September 1, 2022, after Murray held a non-fungible token (NFT) charity auction. Statistics show that most of the tokens and NFTs in Murray’s wallet have been moved, and roughly $556 in token value remains. Bill Murray Loses 119 Ethereum to Hackers […]

Comedian Bill Murray’s Wallet Hacked for $186K Worth of Ethereum After NFT Charity Auction

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Bitcoin & cryptocurrency news

NFT News Roundup – 03/09/22

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As the NFT industry becomes more formalized, with major artists, studios and brands involved, the space has been grappling with how best to protect intellectual property. The post What is CC0, and why will it change the NFT market? appeared first on CryptoSlate.

What is CC0, and why will it change the NFT market?

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The international soccer governing body, FIFA, has announced the upcoming launch of an NFT platform for fans of the sport across the globe. FIFA+ Collect will offer digital collectibles perpetuating the greatest game moments of FIFA’s world cups, the organization promised. FIFA Develops NFT Platform in Partnership With Blockchain Firm Algorand The International Federation of […]

FIFA to Launch NFT Platform for Soccer Fans

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Non-fungible token (NFT) sales jumped 26.76% higher this week, as NFT sales statistics show that $180.43 million in NFT trades were recorded this week compared to last week’s $142.33 million. While Ethereum-based NFTs captured the lion’s share of volume this week with $79.2 million, Ethereum-based NFT sales are down 23.65% during the past seven days. […]

This Week’s NFT Sales Jump 26% Higher Than the Week Prior, Bored Ape #6,588 Sells for $1.17M

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Cardano, a popular proof-of-stake (PoS) blockchain platform, has launched its DAO-powered NFT marketplace, Wafini. The protocol announced the development in its Saturday blog post. Cardano [...]

Cardano unveils its NFT marketplace

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FIFA has partnered with Algorand, a blockchain firm, to unveil an NFT platform for soccer-themed digital collectibles. The football body made the development known in [...]

FIFA and Algorand collaborate on NFT project

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Bitcoin & cryptocurrency news

Google Files “Non-Fungible Planet” Trademark Application

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The

Madonna Enters Metaverse With a New Bored Ape NFT Bought for $560K

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LG’s New Business Plans Include Blockchain and Crypto

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The multinational music corporation  Universal Music Group (UMG) announced the company has partnered with the non-fungible token (NFT) platform Curio on Thursday. UMG says Curio will be a “dedicated global outlet for future officially licensed NFT projects” for the company’s labels and recording artists worldwide. Curio Platform Will Be Universal Music Group’s Dedicated Global Outlet […]

Universal Music Group Partners With Curio — Entertainment Giant Plans to Use NFT Platform for Labels, Recording Artists

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Copyright infringement, wash trading and other minor to major issues have put NFTs in a gray-zone. Continuous legal problems may potentially cause a number of unfavorable effects on the growth of NFTs as well as their future. Previously, the US-based NFT marketplace Cent officially suspended all transactions of blockchain-backed digital arts on its platform in [...] The post The Wild West: NFT Copyright Infringement is Getting Worse appeared first on Blockonomi.

The Wild West: NFT Copyright Infringement is Getting Worse

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NFTs are still the topic of conversation at the start of 2022. The new technology is growing more popular than ever, and a large number of investors are flocking to the space. The ambition to be early adopters and earn significant rewards drives major businesses to spend millions of dollars without hesitation to achieve their [...] The post Paypal Adjusts Seller Protection Policy: Limits NFT Transactions Over $10,000 appeared first on Blockonomi.

Paypal Adjusts Seller Protection Policy: Limits NFT Transactions Over $10,000

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Despite the fact that they became mainstream over a year ago, non-fungible tokens are still all the rage right now. But, if you can’t splurge [...]

5 Popular NFT Cryptocurrency to Invest in Now February 2022

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On Friday, the National Association for Stock Car Auto Racing (NASCAR) announced the firm launched digital collectibles for this year’s Daytona 500. NASCAR’s series of limited-edition Daytona 500 NFT drops is part of a partnership with the Wax blockchain team. NASCAR Reveals 2022 Daytona 500 NFT Collection NASCAR plans to issue Daytona 500 non-fungible token […]

NASCAR Launches Daytona 500 Digital Collectibles via the Wax Blockchain Platform

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading We take a Deep Dive into Crypto.com-NFT and Credit Card Programs at E-Crypto News.

We take a Deep Dive into Crypto.com-NFT and Credit Card Programs

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Living on the fringe is a part of the core ethos of PLAYSK8. The post Bored Apes, CryptoPunks, PLAYSK8 – How Subcultures Drive the Explosive NFT Market appeared first on CryptoSlate.

Bored Apes, CryptoPunks, PLAYSK8 – How Subcultures Drive the Explosive NFT Market

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Despite many efforts from the blockchain to optimize the price, the gas fees on Ethereum has been a real pain in the butt for a long time. The NFT trend was one of numerous causes that increased the gas fee in 2021. In August 2021, NFTs saw a recovery, increasing transaction fees to the highest [...] The post Gas Fees On Ethereum Are Dropping. Why? Ask NFTs appeared first on Blockonomi.

Gas Fees On Ethereum Are Dropping. Why? Ask NFTs

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After blistering January, NFT sales decline by 30%

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Bitcoin & cryptocurrency news

What is the State of Art NFTs? Growing, evolving, and creating positive impact for the future

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Bitcoin & cryptocurrency news

$1.7 Million in ETH Stolen from OpenSea Users: The NFT Marketplace Investigates

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Bitcoin & cryptocurrency news

OpenSea suffers “phishing” attack, users lose NFTs worth millions

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Leading Non-fungible token (NFT) marketplace OpenSea has confirmed that the platform recently suffered a phishing attack. According to the report, the attack has so far [...]

OpenSea Admits Phishing Attack On Its Platform, 32 Users Affected

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While blockchain virtual worlds have seen significant demand during the last few months, an “interoperable pixel metaverse” project called Webbland has seen weekly NFT sales spike by 126.24%. The project recorded over $3.6 million in sales over the last seven days, and two Webbland penthouses made it into the top 15 most expensive NFT sales […]

Webbland Metaverse Sales Jump 126% as 2 Penthouses Sell for Six-Figures

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Opensea co-founder and CEO, Devin Finzer, has denied rumors that the non-fungible token (NFT) marketplace’s codebase was breached and that attackers had stolen $200 million. According to Finzer, an investigation had shown that the attacker had $1.7 million worth of ethereum in his wallet by leveraging a phishing scheme. Attacker Reportedly Returns Some Stolen NFTs […]

Opensea CEO Dismisses $200 Million Hack Rumor, Claims Incident Was a Phishing Attack

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This week, Axie Infinity, the blockchain-based online video game crafted by the Vietnamese software studio Sky Mavis, surpassed $4 billion in all-time non-fungible token (NFT) sales. Currently, the play-to-earn (P2E) game launched in 2018 is the third-largest NFT platform in terms of all-time sales. The Sky Mavis Crafted Blockchain Game Axie Infinity Records More Than […]

Play-to-Earn Blockchain Game Axie Infinity Surpasses $4 Billion in All-Time NFT Sales

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Non-fungible tokens (NFTs) are a new medium of artistic expression that gives artists the freedom and the ability to reach a diverse audience, Saudi Princess Reem Al Faisal has said. Decentralized Art According to the Saudi Arabian princess, Reem Al Faisal, NFTs are a natural evolution of art that gives artists the freedom to reach […]

Saudi Arabia Princess on NFTs: ‘They Are the Next Medium of Artistic Expression’

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Bitcoin & cryptocurrency news

BuyTheBroncos DAO aims to make the biggest NFL team purchase ever

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Russia’s largest social media network, Vkontakte, has announced it’s going to introduce support for blockchain and NFTs. The crypto technologies will be incorporated into the platform’s scheme for monetization of user content and copyright protection. Vkontakte to Facilitate Use of Non-Fungible Tokens The leading Russian social media platform, Vkontakte, intends to utilize blockchain technology and […]

Russian Social Media Network Vkontakte to Introduce NFT Support

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading The Gray Areas of Crypto Tax Issues and More…Ben Borodach of April Explains at E-Crypto News.

The Gray Areas of Crypto Tax Issues and More…Ben Borodach of April Explains

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With the memory of The Sandbox Alpha release still fresh and the funky music from the Snoop Dogg concert still lingering in their minds, fans must be thrilled to know that Season II is already on the way! Prior to the new season, The Sandbox is going to launch a grand collection of unique Snoop […]

Snoop Dogg Drops 10,000 Playable Sandbox Avatar NFTs – Mint a Unique Doggie and Explore the Metaverse in Style

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A decentralized autonomous organization (DAO) wants to purchase the National Football League (NFL) team the Denver Broncos. The DAO called “Buy the Broncos DAO” (BBD) wants to obtain the NFL team as a community and “put ownership in the hands of the fans.” A Newly Formed DAO Wants to Buy the Denver Broncos Franchise A […]

A DAO Is Attempting to Raise $4 Billion to Purchase the Denver Broncos

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Play to earn is fueling the continued growth of blockchain gamingTop 5 Play to Earn Crypto Games to look out in 2022We’ve all dreamt of making a fortune by playing video games at some point in our lives. With the launch of play to earn crypto games, our childhood dreams have suddenly come true. Play-to-earn NFT games have grown in popularity in the gaming business since their launch.Play-to-earn cryptocurrency games have sprung onto the market, revolutionising gaming business models. Here’s how they function and where the value comes from for investors.We’ll go through the top five play-to-earn cryptocurrency games that will help you make a passive income that you can’t afford to miss.Top 5 Play-to-Earn Crypto Games to Invest in 2022What Are Play to Earn Crypto Games?Play-to-earn crypto games provide players with a variety of rewards. Most games will pay out rewards in a mix of NFTs and in-game virtual currency, which can be bought or sold to other players or traders within the game or to outside traders. In rare cases, players can earn renowned currencies for their participation.The ability to earn non-fungible tokens (NFTs) and cryptocurrencies and trade them on a marketplace is, in essence, one of the main selling aspects of play-to-earn crypto games. Axie Infinity, Zedd Run, and Gods Unchained are among the most popular P2E games in 2022. Coin Hunt World rewards players with Bitcoin and Ethereum tokens rather than the game’s cryptocurrency.Several emerging countries like India, Vietnam, and the Philippines have made passive income while playing video games. Blockchain-based games such as Axie Infinity payout in Bitcoin to gamers. They can earn anywhere from Philippine peso 20,000 (₹29,316) to Philippine peso 50,000 (₹73,290) every month.With the introduction of CryptoKitties in 2017, such play-to-earn (P2E) crypto games initially gained popularity. However, the trend stalled. In 2018, Axie Infinity, the most popular P2E, was introduced. It grew in popularity during lockdowns in developing nations, where many people worked from home or lost their jobs and were looking for new ones.There are already so many games in crypto that it is challenging to keep track of them all. Some are entertaining, and a few might be entertaining while also allowing players to earn a few rupees.How Does Play to Earn Crypto Games Work?Game makers have quickly adopted the play-to-learn approach. Many games, such as Axie Infinity, Gods Unchained, and Splinterlands, have been rising and gaining popularity. These (and other) P2E games mainly rely on blockchain technology to maintain their ecosystem and provide users with access to in-game built-in tokens that have worth outside of the game. Cryptocurrencies (or digital currencies), NFTs, and decentralized markets have made this possible.Essentially, any action you perform in Play to Earn games may be rewarded, whether it’s completing tasks, waging battles, assisting in resolving an issue, or breeding new species. The game’s elements take the shape of NFT. For example, if you want to breed a new species or create a new avatar, you may easily create a new token and sell/trade it in the marketplace.The most significant advantage of NFTs is that you can easily swap them for crypto, which can then trade for real currency through exchanges. Because transactions in the realm of play earn the form of blockchain, the validity and ownership of digital assets in the game can always be confirmed.https://medium.com/media/074150229074270d4c6ebd8e23e0bd17/hrefList of top Play to Earn (P2E) Games to Earn a Decent LivingWe are all aware of the impact of demonetization in India. The ₹500 and ₹1000 notes were decommissioned overnight. That was the start of the rise of digital payment systems and payment processor enterprises. At the same time, cryptocurrency usage in India began to rise.Crypto acceptance in India is increasing, but it is still confronted with obstacles, as the Indian government has announced the launch of its digital currency. We have listed five play-to-earn crypto games to create passive income that you can’t afford to miss.Let’s begin with the best games on the list:Axie InfinityAxie Infinity is a blockchain-based trading and warfare game in which players own and operate the firm’s share. Axie Infinity is a game that allows players to collect, breed, grow, combat, and trade Axies, which are token-based creatures. Popular games like Pokémon and Tamagotchi influence the development of Axie Infinity.Based on the overall price movement since the beginning of the year, the Axie Infinity (AXS) price will rise again because it has a bright future and will attain new record values in the years ahead, implying a bullish AXS price prediction on the chart.At press time price of Axie Infinity in India is 4,606.56 INR, with a 24-hour trading volume of 25,724,070,275 INR. Axie Infinity is up 8.35 percent in the last 24 hours, with a market capitalization of 280,573,803,240 INR. It has a maximum supply of 270,000,000 AXS coins and a circulating supply of 60,907,500 AXS coins.If you’re wondering where to buy Axie Infinity in India, BuyUcoin is one of the best cryptocurrency exchanges for trading Axie Infinity crypto.The SandboxThe rise in SAND, the native cryptocurrency of the blockchain-based virtual world ‘The Sandbox,’ gained traction when a tweet from Adidas, a German sports goods maker, suggested announcing a relationship between the two companies.The gaming industry represents a large unmet possibility for blockchain adoption. The Sandbox aims to disrupt the business by building a universe where users may create and collect blockchain-based commodities, and it carves out its place in the worldwide gaming market.Sandbox price in India at time of writing is 318.07 INR, with a 24-hour trading volume of 78,417,947,452 INR. In the last 24 hours, the Sandbox has increased by 7.23 percent. CoinMarketCap currently ranks #35 with a live market cap of 338,206,236,892 INR. It has a total supply of 3,000,000,000 SAND coins and a circulating supply of 1,063,319,452 SAND coins.If you’re wondering where to buy Sand in India, BuyUcoin is one of the best cryptocurrency exchanges for trading in The Sandbox.Gods UnchainedGods Unchained is a well-known card game with the added benefit of earning some Crypto and NFTs. You must acquire card packs by leveling up and meeting specific conditions (rank and win on max games). Some cards are for sale except for the “special packs,” but most are not. When the forge is operational, you will be able to combine two “common skin” cards to make a sellable one. You may also win cryptocurrency once a week by claiming from the Blessing of the Gods website.Decentraland (MANA)Decentraland is a 3D virtual reality crypto game that uses the Ethereum network. Players may explore regions, create unique avatars and materials, and have extraordinary experiences.Additionally, gamers may use the MANA coin as an in-game token to sell and purchase products and engage in enjoyable social activities.Moving closer to Metaverse, Decentraland includes ultra-high-quality visuals and gameplay based on VR experiences to satisfy life beyond reality. Along with the NFT Marketplace, players have the option of trading.Decentraland price in India at time of writing is 232.33 INR, with a 24-hour trading volume of 50,107,447,765 INR. Decentraland has increased by 11.26 percent in the last 24 hours. CoinMarketCap currently ranks #30, with a live market cap of 425,668,825,173 INR. The circulating supply is 1,832,134,798 MANA coins, and the maximum supply is not known.If you’re wondering where to buy Decentraland in India, BuyUcoin is one of the best cryptocurrency exchanges for trading in Decentraland.CoinHuntCoin Hunt World is a free-to-play/pay-to-win smartphone game that allows you to earn cryptocurrency while exploring your area. Unlock prizes by discovering keys. Play alone or as part of a group!” (On Android, it is available in the United States, Canada, and the United Kingdom; on iOS, it is presently an invite-only beta.)Players seek their real-world surroundings for keys, which they then use to access vaults. A trivia question is shown to the user when a vault is unlocked. The user gets awarded if the questions are accurately answered within the time limit.Users are now paid with actual Bitcoin or Ethereum and in-game goodies like avatar skins and crafting tools. NFTs are proposed for Cubie Blueprints.EpilogueBecause of blockchain technology, play-to-earn games are upending the economic paradigm of traditional online games. They blend the excitement of immersive video games with the chance to earn prizes for your time and attention. Users can benefit from play-to-earn crypto games, but most need initial investment and a learning curve. Your earnings will vary based on the game and your abilities.What is Blockchain Technology, and How is it Transforming Lives Digitally?Best Play to Earn Crypto Games That Will Make You Rich was originally published in BuyUcoin Talks on Medium, where people are continuing the conversation by highlighting and responding to this story.

Best Play to Earn Crypto Games That Will Make You Rich

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Victoria’s Secret, the renowned designer lingerie company, has filed a series of trademark patents that suggest the organization is ready to offer its products in the metaverse. The announcement was made by Mike Kondoudis, a trademark attorney, who stated these actions might be the first step for the company to present their products using blockchain […]

Victoria’s Secret Files Metaverse Related Trademark Applications

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Bitcoin & cryptocurrency news

IOC unveils NFT game for Winter Olympics 2022

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Bitcoin & cryptocurrency news

YouTube announces plans to enter Metaverse!

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Youtube, the online video sharing and social media platform owned by Google, is hiring a director to work with Web3 technology, according to a job listing published on Linkedin. While Youtube requires 15 years of product management experience, the company prefers a candidate that is familiar with “buying, owning, and trading cryptocurrencies, NFTs, and tokens.” […]

Youtube Seeks Web3 Director With Experience Trading Crypto, According to Recent Job Listing

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The New York Stock Exchange (NYSE) has registered a trademark application to offer digital currency and NFT trading services in the metaverse. The application, filed on February 10th, constitutes the first foray of the company into the concept of the metaverse. The organization might be competing with other exchanges and established NFT marketplaces in the […]

New York Stock Exchange Files Trademark for Offering Trading Services in the Metaverse

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According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly Non-Fungible Token Sales Plummet Despite Recent $23 Million […]

NFT Sales Nosedive This Week as Volume Drops Close to 30%

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According to a California-based real estate technology company called Propy, a four-bedroom home in Gulfport, Florida, will be tokenized leveraging non-fungible token (NFT) technology and sold for $650K. In addition to the Gulfport home, another blockchain project has launched aiming to purchase The One Bel Air 105,000-square-foot megamansion by creating a decentralized autonomous organization (DAO). […]

Florida Home to Be Sold as an NFT, Decentralized Organization Seeks Bel Air Megamansion

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The crypto economy has jumped back above the $2 trillion mark after falling below that value in mid-January. Statistics indicate that the USD value of all 12,440 coins across 544 crypto exchanges is worth $2.08 trillion, up 5.2% during the last 24 hours. Crypto Economy Moves Northbound Past the $2 Trillion Mark Digital currency values […]

Crypto Economy Recaptures $2 Trillion, Bitcoin Moves Back Into the World’s Top 10 Most Valuable Assets

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Data indicates the non-fungible token (NFT) marketplace Opensea has crossed $20 billion in all-time sales. The leading NFT marketplace has seen more than 1.2 million traders leverage the platform since the market’s inception in 2017. 1.2 Million Opensea Traders and $20 Billion in Sales Volume Metrics show that the NFT marketplace Opensea has surpassed $20 […]

Opensea’s All-Time NFT Sales Volume Crosses $20 Billion

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading NFT Terminal Launches a Real-Time Data Analytics Platform for NFTs at E-Crypto News.

NFT Terminal Launches a Real-Time Data Analytics Platform for NFTs

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The decentralized finance (defi) lending platform Aave has revealed the launch of a Web3 social media platform called the Lens Protocol. According to the team, Lens is a “Web3, smart contracts-based social graph” that is built using the Polygon blockchain. Defi Project Aave Drops the Lens Protocol, Platform’s Intent Is to ‘Empower Creators to Own […]

Aave Launches Web3, Smart Contracts-Based Social Media Platform Built on Polygon

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Despite the increased community interest, the resurgence of CryptoPunks V1 appears to be a problem for some – especially at OpenSea. OpenSea, the world’s top NFT marketplace, said earlier this week that CryptoPunks V1 would be removed from the platform. This drastic action came shortly after Larva Labs’ announcement to remove the collectibles, implying that [...] The post OpenSea Removes CryptoPunks V1, Collectors Furious appeared first on Blockonomi.

OpenSea Removes CryptoPunks V1, Collectors Furious

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Sotheby’s to auction 104 CryptoPunks NFTs for an estimated $20-$30 million

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Following the Summer Olympics in 2008, China will host the 24th Winter Olympics. The event led to the inspiration for the launch of Alibaba and Bithumb’s NFT collectibles. Alibaba, a Chinese multinational tech giant, announced the launch of four non-fungible tokens (NFTs) inspired by the sports featured in the 2022 Beijing Winter Olympics. This is [...] The post NFT Drops Amid Beijing Winter Olympics Event appeared first on Blockonomi.

NFT Drops Amid Beijing Winter Olympics Event

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On Tuesday, the British-founded American multinational luxury auction company Sotheby’s, headquartered in New York City, announced the auction house is planning to auction a lot of 104 non-fungible token (NFT) Cryptopunks. The lot of 104 NFTs is predicted to fetch around $20 million to $30 million in USD value, according to Sotheby’s. Sotheby’s ‘Punk It!’ […]

Luxury Auction House Sotheby’s Plans to Auction 104 Cryptopunks Worth an Estimated $20M

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Binance and the South Korean entertainment corporation, YG Entertainment, have signed an agreement that enables the two firms to collaborate on blockchain projects that include non-fungible tokens (NFTs). They also plan to develop games that are compatible with the Binance Smart Chain (BSC). NFTs, Games, and Metaverse Collaborations Cryptocurrency exchange Binance and YG Entertainment Inc., […]

Binance Partners With Korean Entertainment Corporation — NFT and Metaverse Collaborations Envisioned

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Analyzing a new contender for NFT marketplace dominanceAround the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor Dempsey, Justin Mart, & Mike Cohen (WE’RE HIRING)Only in crypto can a platform built by anonymous founders come out of nowhere to challenge an industry leader, all in a matter of weeks.That’s precisely what happened with the launch of NFT marketplace LooksRare, whose $9B+ in January volume nearly tripled that of OpenSea. On top of that, within 30 days of launch LooksRare produced $307M in protocol revenue, vs OpenSea’s $110M over the same period.https://medium.com/media/d038b0dfd1a72181a239aae83dc21786/hrefListen on Spotify or AppleThe raw numbers don’t tell the full story, however…In this edition of Around The Block, we’ll explore the LooksRare vampire attack of industry leading NFT marketplace OpenSea.The OG vampire attackVampire attacks are purely a crypto/Web3 phenomena. At their highest level, a vampire attack refers to a method for sucking users out of an existing platform into a competing one by offering some kind of incentive (typically tokens).The most notorious vampire attack occurred in 2020, when SushiSwap launched a near identical decentralized exchange to industry leading Uniswap with one key difference: users who migrated their liquidity from Uniswap to Sushiswap were given $SUSHI tokens. $SUSHI offered holders governance rights over the platform in addition to a cut of trading fees collected on SushiSwap.The result? Uniswap’s liquidity temporarily took a nosedive, as users moved $1.2B in funds over to Sushiswap to cash in on the superior incentives being offered. Uniswap eventually recovered and responded with a token launch of their own, but a new DEX was bootstrapped over a relatively short period of time.LooksRare’s vampire attackLooksRare followed the typical vampire attack playbook which is as follows:Identify industry leaderBuild competing, yet strategically differentiated platformOffer superior incentive for users who migrate overThe main difference between SushiSwap’s attack and LooksRare’s is that SushiSwap was a near identical copy of Uniswap’s code (known as a fork) with token incentives built on top. LooksRare appears to have built their own smart contracts (according to their documents); everything else in the playbook is the same:Identify industry leader: in this case, it’s OpenSea by a country mile.Build a competing, yet differentiated platform: looksrare.org.Offer superior incentives for users to migrate: meet the $LOOKS token.A $LOOK at the initial incentivesDue to the open-sourced nature of blockchains, the LooksRare team was able to identify OpenSea users who had traded at least 3 ETH worth of NFTs over the prior six months and airdrop them LOOKS tokens. However to claim these free tokens, users first had to list an NFT on the LooksRare exchange.Airdropping tokens to an existing community of active NFT traders proved effective, as NFTs flooded onto the new marketplace. The LOOKS token would climb to nearly $7 just 10 days after launch, fetching a $1B marketcap in the process.And the incentives didn’t stop there…MOAR IncentivesBeyond the initial airdrop, users of the LooksRare platform could earn more tokens by staking their LOOKS and by trading NFTs on the platform. LooksRare charges a 2% fee for every sale (vs. 2.5% on OpenSea), and staking (locking LOOKS into a smart contract) entitles stakers to 100% of those fees. Stakers also earn additional LOOKS on top of trading fees.At the time of writing, staking LOOKS earns an eye-popping 500%+ APR.The trading incentives is where things start to get interesting. It’s pretty simple: buy or sell an NFT on LooksRare and earn LOOKS. Rewards are paid out daily, based on the % of that day’s volume. Currently 2.8M LOOKS, or just under $10M USD at current prices, are being awarded daily.So far, a free airdrop was enough to get people to the platform, and a $10M daily reward has been enough to keep daily trading volumes outpacing OpenSea. However, when you look the total daily # of users, it’s clear that these volumes aren’t as impressive as they initially appear.Wash tradingWhile LooksRare is doubling OpenSea’s volume on any given day, OpenSea has 20–40 times more active users than LooksRare. This suggests that LooksRare’s volume is fueled by a small number of traders gaming the incentive system to earn LOOKS.There’s nothing stopping a user from swapping the same NFT back and forth between their own wallets at a high dollar amount. Since daily rewards are paid out as a % of the day’s volume, if, for example, someone can wash trade their way to 10% of that day’s volume, they can net $1 million in LOOKS.The wrinkle here is that for every trade, users must pay a 2% fee priced in ETH. The math works out such that the fees traders are paying in ETH are roughly equal to the rewards being paid in LOOKS. As such, traders are basically swapping ETH for LOOKS, which will pay off should the price of LOOKS appreciate relative to the price of ETH.Essentially, there’s an interesting bit of game theory in motion, as early adopters will be rewarded should the LooksRare platform succeed.Beyond wash tradingAt this point, no one would dispute that LooksRare’s staggering volumes are a result of their lucrative incentive scheme. However, that doesn’t necessarily mean that LooksRare is all hat and no cattle.At the end of January, Crypto Slam estimated that about $8B of the $9B in January volume was washtrading. However, the remaining legitimate NFT volume is still more than what NFT marketplaces Rarible, SuperRare, Foundation, Makersplace, and Aysnc did in all of 2021 combined.Even with washtrading eliminated, LooksRare’s launch can still be considered a success. Plus they offer other interesting and novel features such as no transaction fees for private sales and the ability to make a single offer across an entire collection of NFTs. Lastly, their “real volume” is continuing to grow.Is it sustainable?LooksRare’s trading rewards will wind down over the course of the next two years, at which point the marketplace will have to compete on its product and community alone. Whether it can continue to grow its market share without powerful incentives is up to the anonymous team behind it.We can look to its vampire attacking predecessor, SushiSwap, for a glimpse into what the future may hold. SushiSwap by many measures has remained relevant after its initial rewards dried up. They continued to innovate and deploy across multiple chains, with nearly $5B in TVL today.However, usurp Uniswap they did not. Uniswap eventually launched a token of its own (there’s speculation that OpenSea may one day do the same) and has maintained its standing as crypto’s dominant DEX with over $7.5B in TVL today. It’s also worth noting that no contentious hard fork (Bitcoin Cash, Ethereum Classic, etc) or vampire attacker (SushiSwap, Swerve, etc) has ever supplanted an incumbent.While Sushiswap has enjoyed success, it has had its fair share of struggles as well. Community infighting between the core team and Sushi token holders led to the exit of several high profile team members, including the project’s CTO. Once LooksRare hands governance over to LOOKS holders, it will likely be reminded of how nascent and messy DAO governance truly is.Lastly, for LooksRare users, it bears mentioning that anon teams always come with rugpull risk. On top of that, LooksRare’s smart contracts launched unaudited and without a public GitHub repo — so trader beware.Top analysis on LooksRare and past vampire attacksHow LooksRare Doubled OpenSea’s Trading Volume, by Yuga CohlerThe Sushi Chronicles, by Connor DempseyLooksRare Protocol Revenue leapfrog’s OpenSea, by Brady DaleIrregular sales fire up wild NFT market, by Elizabeth HowcraftLooks Rare analysis, from BanklessFork Defense Strategies in DeFi, from BanklessTop tweets on LooksRareCrunching the number on LooksRare incentives, by Yuga CohlerThe game theory behind LooksRare, by Jordi AlexanderLooksRare’s growing organic volume, by DogetoshiWhy LooksRare’s launch was a success despite washtrading, by AllNickThis website does not disclose material nonpublic information pertaining to Coinbase or Coinbase Venture’s portfolio companies.Disclaimer: The opinions expressed on this website are those of the authors who may be associated persons of Coinbase, Inc., or its affiliates (“Coinbase”) and who do not represent the views, opinions and positions of Coinbase. Information is provided for general educational purposes only and is not intended to constitute investment or other advice on financial products. Coinbase makes no representations as to the accuracy, completeness, timeliness, suitability, or validity of any information on this website and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. Unless otherwise noted, all images provided herein are the property of Coinbase. This website contains links to third-party websites or other content for information purposes only. Third-party websites are not under the control of Coinbase, and Coinbase is not responsible for their contents. The inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.Vampire attack! LooksRare vs. OpenSea was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

Vampire attack! LooksRare vs. OpenSea

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Cloud computing giant Salesforce is working on an NFT platform

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Melania Trump sold her NFT to herself for $170,000

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Larva Labs forces OpenSea to delist CryptoPunks V1 NFTs

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The American firm that produces Bazooka chewing gum, candy, and collectibles, Topps has announced the company is planning to auction one of the rarest baseball cards on earth in NFT form — Topps 1952 Mickey Mantle card. The Topps 1 of 1 “Timeless Collectible” will be issued as a non-fungible token (NFT) and sold on […]

Topps Plans to Auction Rare 1952 Mickey Mantle NFT Card Minted on Ethereum

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Following a slew of well known brands filing trademarks for metaverse related products and virtual goods, the American fast food firm founded in 1940, McDonald’s, has filed for ten trademark applications that describe plans to offer virtual restaurants and other digital-based products. 10 McDonald’s Trademark Filings Discovered Mention Digital-Based Products Like Food and Beverages, Operable […]

McDonald’s Trademark Filings Hint at Fast Food Giant’s Intent to Produce Metaverse Restaurants

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UniX Gaming is a community-centric platform that aims to become home to gamers within the metaverse and provide scholarships to help people in developing countries get involved in the booming play to earn arena. The concept of generating revenue through virtual games has remained the hottest keyword this year, thanks to the increased interest in [...] The post UniX Gaming: Meet The Future Of Play-To-Earn in the Metaverse appeared first on Blockonomi.

UniX Gaming: Meet The Future Of Play-To-Earn in the Metaverse

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The latest NFT of former US First Lady Melania Trump was recently sold at 180,000 SOL ($170,000 at the time of purchase). The NFT is a wide-brimmed white hat she wore during the French President Macron’s state visit to Washington. While Melania seems to build her own business empire, the crypto community quickly caught something [...] The post Melania Trump NFT Sale Was A Wash Trade? appeared first on Blockonomi.

Melania Trump NFT Sale Was A Wash Trade?

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Krafton, the parent company of Bluehole, developers of PUBG, a popular battle royale game that has earned more than $300 million in 2021, announced it will redirect some of its activities toward developing NFT and metaverse-related projects. The company says it has acquired equity in two companies, Seoul Auction Blue and Xbyblue, that will enable […]

PUBG Developer Parent Company Krafton to Work On NFT and Metaverse Related Projects

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The United Nations (UN) will mark this year’s Women’s Day by holding its first-ever female-focused NFT exhibition. The post The UN will celebrate this year’s Women’s Day with Boss Beauties NFT collection appeared first on CryptoSlate.

The UN will celebrate this year’s Women’s Day with Boss Beauties NFT collection

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading Leap Group Releases Cincinnati Bengals – Inspired NFTs at E-Crypto News.

Leap Group Releases Cincinnati Bengals – Inspired NFTs

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The U.K.’s. HM Revenue & Customs (HMRC) has made its first non-fungible token (NFT) seizure. British authorities also seized some crypto and arrested three people in a fraud case involving 250 allegedly fake companies. “Our first seizure of a non-fungible token serves as a warning to anyone who thinks they can use crypto assets to […]

UK Seizes First NFTs in $2 Million Fraud Crackdown — Arrests 3 People

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DappRadar Registers Record Sales in January 2022

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Kanye West Not Interested in Celebrity NFT Drops, “Ask Me Later,” He Says.

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Why John Legend’s New NFT Platform is in the news?

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On February 14, Cere Network and Polygon launched a non-fungible token (NFT) marketplace and Web3 platform called Davinci, a project that aims to bolster the security behind NFT data. The platform is described as an “all-in-one Web3 media platform” that leverages Cere’s decentralized data cloud (DDC) platform and the proof-of-stake blockchain network Polygon. Cere Network […]

Cere Network and Polygon Launch ‘NFT Content Monetization’ Platform Davinci

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Everything you need to know about the Walking Dead NFTs

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Nike suing Stock X over Sneaker NFTs

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Coachella is now selling lifetime guest passes in the form of NFTs

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Since 2009 and the creation of Bitcoin, cryptocurrencies have continued to grow in popularity globally. The global adoption of these digital assets has continued to rise as its value plummets. Crypto enthusiasts and users can now use cryptocurrencies like Bitcoin to pay for goods and services. However, that growth and popularity have remained progressive and have birthed many more cryptocurrencies. This is not strange, as non-Blockchain entities have grown interested in Blockchain and cryptocurrencies. One of such digital assets is Non-fungible tokens (NFTs). The NFT market is relatively small, but the popularity of NFTs has been on an upward trajectory recently. In this article, we will try to know if traders can earn profits from NFTs during a bear market. What Are NFTs? NFTs are unique and distinguishable cryptographic assets found on a Blockchain. An NFT can also be described as a non-interchangeable data unit and digital ledger usually found on a Blockchain. While cryptocurrencies are assets that can be used as a medium of exchange, NFTS are non-identical and uniquely different. NFTs cannot be traded or exchanged like cryptocurrencies. NFTs are very distinct, and the creation of each NFT represents physical assets like art pieces and real estate. The presence of NFTs on the Blockchain means that they do not require intermediaries in their transactions. NFT creators and traders are afforded a smooth transaction process via Blockchain without third-party interference. NFTs are already making transactions seamless between users despite being a new market. NFTs data units are usually digital files, including videos, audio, and pictures. It is also worthy to note that, like regular cryptocurrencies, NFTs contain ownership details. Possession of ownership details makes it easy to identify and transfer ownership from one user to another quickly. How Does NFT Work? NFTs are digital assets like cryptocurrencies, but they differ slightly in characteristics. Like fiat money like USD, cryptocurrencies are fungible and can be traded or exchanged. This means that the value of one Bitcoin is the same everywhere, just as the value of a USD everywhere. However, for NFTs, that is not the case. NFTs are unique and unparallel, making it difficult to equate one value to another. Each token contains a unique and non-transferable property that cannot be shared or possessed by another. This is why the price, value, characteristics, and properties of one NFT can never be equal to another. Surprisingly, despite being unique, NFTs are extensible. This means that one can combine two different NFTs to produce a third unique NFT. NFTs are primarily found in the ERC-721 format. The ERC-721 format is unique and was developed by the engineers of the ERC-20 smart contract. One of the most famous examples of NFTs is the cryptokitties, which was launched in November 2017. Cryptokitties were a digital representation of cats found on Ethereum Blockchain and valued in Ether. The project amassed more than $20 million in 3 weeks, as investors took a keen interest in the NFT project. Why You Should Buy NFTs In Bear Market NFTs are a unique form of cryptocurrencies and are also volatile assets. Volatility in this instance means that their prices are not the same at every given time. However, like cryptocurrencies in a bear market, crypto analysts advise that NFT should be purchased in a bear market. There is no doubt that bear markets are usually associated with fear of the future or the unknown. Cryptocurrencies like Bitcoin and Ethereum have entered the bear markets in the past years, which also follows bull run. However, with NFTs, their value is known to plummet in a short period or in the nearest future. Fortunately, many NFTs have proven to exceed expectations after the bear market, with investors making huge returns on their assets. Alternatively, the value of NFTs has also continued to be on the rise as the burgeoning market continues to grow. This trend implies that the best time for investors to get into NFTs is to invest in a bear market. The low risk and prices associated with a bear market implies that, should the asset collapse, losses will be low. Top Three Marketplace To Buy NFT NFTs continue to attract potential and existing crypto investors as the unique token market continues to boom. However, listed below are three of the best places where NFTs can be purchased: Opensea Founded by Devin Finzer and Alex Atallah, Opensea is a top place for NFT users to conduct their business. The Ethereum-based digital marketplace offers buyers an unfathomable collection list, providing creators with huge revenues. Currently boasting over 80 million NFTs and accepting more than 150 different tokens, Opensea is a global NFT giant. The digital marketplace boasts high trading volumes compared to others, and provides consumers with access to create and trade freely. Since it is built on the Ethereum chain, its number one currency is Ether. FTX Founded by investor-billionaire Sam Bankman-Fried, FTX remains one of the world's leading crypto exchanges. However, the Cross-Platform digital NFT marketplace of the Blockchain empire is currently making waves in the space. The marketplace allows users to create and mint their own NFTS, which can be sold or traded. The NFT marketplace is unique as users from Ethereum and Solana Blockchain can successfully trade their NFTs. Creators are the biggest beneficiaries of FTX, as their NFTs can reach a wider audience. Rarible Also built on Ethereum Blockchain, Rarible remains one of the leading pioneers of the NFT space. Its marketplace was one of the first globally and offers users easy minting and trading opportunities. The digital marketplace boasts a user-friendly interface and is known to incorporate even novices into the world of NFTs. Crypto analysts usually advise NFT newbies to trade on Raribles, as their bespoke service makes it easy to understand NFTs. Unfortunately, one of the limitations of Rarible is that it can only complete transactions with the rarible token (RARI). Conclusion NFTs are unique crypto tokens and assets with no equal value and are found on the Blockchain. The uniqueness and unparallel nature of the digital assets make it impossible to equate one value to another. They are better purchased in a bear market, as their value is known to rise in the future. Opensea, FTX, and Rariblles are the best digital marketplaces to trade NFTs. © Cryptoticker The post Can NFTs Give You Profits In A Bear Market? appeared first on CryptoTicker.

Can NFTs Give You Profits In A Bear Market?

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The internet content subscription service Onlyfans has announced the launch of a feature that leverages non-fungible token (NFT) technology. The newly-added feature, introduced on Thursday, gives Onlyfans members the ability to display authenticated NFTs as their profile pictures. Onlyfans Steps Into the Realm of NFTs The London-based content subscription service Onlyfans is well known for […]

Content Subscription Service Onlyfans Adds Ethereum-Based NFT Profile Feature

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The Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapliyal, the CEO of a blockchain firm called Chain explained that he used leverage via Compound Finance in order to acquire […]

Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in Ethereum

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A CryptoPunks NFT has been sold at a world record value that supersedes the ETH or USD figures splashed on any other CryptoPunks before — $24 million in Ethereum. The post This CryptoPunks NFT was sold for 8,000 ETH ($23 million) appeared first on CryptoSlate.

This CryptoPunks NFT was sold for 8,000 ETH ($23 million)

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Cent, one of the first marketplaces to allow people to sell tweets as NFTs, has suspended almost all of its activity due to plagiarism-related problems. According to its CEO and co-founder Cameron Hejazi, people keep selling NFTs of other NFTs or using content that is not owned by them originally to mint these tokens. The […]

Cent NFT Marketplace Suspends Activity Due to Plagiarism Issues

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All you should know about the newly launched Bybit NFT Marketplace

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PRESS RELEASE. Zug, Switzerland — Ambrosus Core, the technical foundation of Ambrosus Ecosystem, has announced the launch of a substantial developer funding program — $10 million for developers deploying decentralized finance (DeFi) applications and other decentralized solutions on the Ambrosus blockchain. Ambrosus is a fully operational Layer 1 EVM-compatible blockchain protocol providing scalability, zero-knowledge proof […]

Ambrosus Core Launches a $10 Million Developer Grant to Scale Its Open-Source Blockchain Ecosystem

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The Treasury Department of Puerto Rico has published a working document that amends the current “Sales and Usage Tax” to include NFT sales. While this proposal has yet to be approved, experts believe the inclusion of NFTs in this reform brings validation to the asset class, but also that the application of this regulation presents […]

Puerto Rican Treasury Department Aims to Tax NFT Sales

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Many would agree that NFTs have become tremendously popular, to the point that these non-fungible tokens are actively becoming more mainstream with each passing day. Similarly, the metaverse has also become extremely popular and so 2022 could be the year where both it and NFTs reach even grander heights of relevance. As such, there is [...] The post Katana Inu: NFT Marketplace & Sales Event To Be Launched appeared first on Blockonomi.

Katana Inu: NFT Marketplace & Sales Event To Be Launched

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Artists, projects and gaming studios, will find a reliable and cleaner platform on the Smartlink NFT Launchpad. The first launchpad running on Tezos. Looking for exclusive, curated and rare NFTs? Now you can make it happen on Tezos. Since non-fungible tokens stormed in, generating unthinkable benefits, and yielding exponential growth to common users in 2021, [...] The post ​​Smartlink Launches First Tezos NFT Launchpad appeared first on Blockonomi.

​​Smartlink Launches First Tezos NFT Launchpad

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On February 8, the subsidiary of Animoca Brands and the decentralized gaming virtual world project, The Sandbox, announced the company has partnered with the French video game company Ubisoft. According to the announcement, Ubisoft will have its own land in the virtual metaverse, and the world will begin by featuring voxelized versions of Rabbids’ characters. […]

The Rabbids Invade the Metaverse as The Sandbox Partners With Gaming Giant Ubisoft

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Shiba Inu Partners with Welly’s Fast Food Chain

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The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $35 billion in 2022 and more than $80 billion by 2025. NFTs May Present Illicit Finance Risks The U.S. Department of the Treasury announced Friday the release of a “study […]

US Treasury Warns NFTs May Present New Illicit Finance Risks

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Nike has filed a lawsuit against an online reseller using unauthorized Nike shoe images in non-fungible tokens (NFTs). “Those unsanctioned products are likely to confuse consumers, create a false association between those products and Nike, and dilute Nike’s famous trademarks,” Nike alleges. Nike Sues Online Retailer Over NFT Sales Sneaker giant Nike filed a lawsuit […]

Sneaker Giant Nike Sues Online Retailer for Selling Unauthorized Nike Shoe NFTs

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Chainalysis, one of the leading blockchain and cryptocurrency auditing firms, has issued a report indicating signs of significant wash trading activity involving NFTs. In these operations, some actors effectively sell their assets to themselves, with the intention of increasing the floor price of the NFTs to sell them at a higher price later. However, this […]

Report: Chainalysis Detects ‘Significant’ Wash Trading Using NFTs

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Tezos blockchain has reportedly agreed to a training kit sponsorship with Manchester United in a deal that will see the latter receive over $27 million per year. This deal adds to Tezos’ growing list of sports teams it has sponsored since May 2021. Tezos’ Investment in Sports The most successful football club in the English […]

England’s Manchester United Set to Unveil Tezos Blockchain Shirt Sponsorship, Report

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For the time being, OpenSea is the most active NFT marketplace in terms of trading volume. However, with each new year comes a new opportunity, and who knows, this year may offer us a new platform for NFT trading. Among OpenSea’s long-standing competitors, there is one fresh face that is challenging the company’s dominance: LooksRare. [...] The post Will LooksRare Outperform OpenSea This Year? appeared first on Blockonomi.

Will LooksRare Outperform OpenSea This Year?

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How this woman made over $100,000 selling NFTs

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Coachella and FTX to Sell Lifetime Festival Passes as Solana-based NFTs

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Two reports claim that the creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC) are in talks of raising funds from investors such as the venture capital firm Andreessen Horowitz. The alleged funding round is expected to be around $200 million, but sources further say “the deal is not yet closed.” […]

Report: Andreessen Horowitz Seeks an Investment in Bored Ape Yacht Club

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Following a two-year hiatus, the American magazine that’s dedicated to music, politics, and popular culture, Rolling Stone, announced the return of Rolling Stone Live. According to the publication, the Rolling Stone Live event marks the company’s first collaboration with Coinbase and the two firms will be dropping exclusive non-fungible tokens (NFTs). Rolling Stone Live 2022 […]

Rolling Stone Partners With Coinbase, First Collaboration Is a Limited Edition NFT Collection

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Reem Al Faisal, the photography-loving Saudi Arabian princess, recently announced the launch of her first Saudi non-fungible token (NFT) collection on Opensea and an art gallery in the metaverse. Photography Career Saudi princess Reem Al Faisal has launched her first NFT collection, called “Mekkah and Madinah,” on the Opensea marketplace, as well as an art […]

Saudi Princess Reem Al Faisal Launches ‘First’ Saudi NFT Collection

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The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been propelled to unicorn status with a post-money […]

Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise

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Grammy Award Winner John Legend to launch an NFT platform

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Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token (NFT) technology. Nine months later, Gamestop has revealed it is partnering with the layer two (L2) Ethereum scaling project, Immutable X. The two teams have also established a $100 million fund dedicated to NFT creator […]

Video Game Retailer Gamestop Partners With L2 Startup Immutable X, Launches $100 Million NFT Fund

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The Coachella Valley Music and Arts Festival is stepping into non-fungible token (NFT) technology space, according to the festival’s official Twitter account. Coachella partnered with the crypto exchange FTX US, and the NFTs are minted on the Solana blockchain. Coachella Partners With FTX US to Mint Solana-Based Digital Collectibles Since 1999, the festival co-founded by […]

Coachella Music and Arts Festival Partners With FTX US to Issue Solana-Based NFTs

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The National Football League (NFL) has announced the American football organization plans to give fans virtual commemorative tickets in the form of non-fungible tokens (NFTs) for the upcoming Super Bowl LVI in Los Angeles. The NFL has partnered with Ticketmaster to issue the commemorative NFT tickets allowing fans to hold “a digital keepsake from their […]

This Year’s Super Bowl Attendees to Get Commemorative NFT Tickets From NFL, Ticketmaster

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First ever Metaverse Mortgage signed for $45,000

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Konami, one of the leading Japan-based game developers, elaborated on its future policy regarding NFTs. In its latest financial results meeting, Konami touched briefly on the subject of NFTs, and explained it would go on with its activities involving this technology as a preservation tool for some of its beloved franchises. Konami to Use NFTs […]

Konami to Keep Selling NFTs to ‘Preserve Content’

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A group of cypherpunks recently initiated a decentralized autonomous organization (DAO) in order to try and free the incarcerated Wikileaks founder and activist Julian Assange. So far, the DAO has raised $7.5 million in ether and the funds will be used to help with Assange’s legal fees and raise public awareness about his case. Assangedao […]

A DAO Created to Free Julian Assange Has Raised $7.5 Million in Ethereum

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Reddit won’t miss any opportunity to emerge into the NFT space amid the movement of other tech giants into the space. Reddit has officially entered the lucrative NFT market. It has experimented with NFT avatars, allowing users to utilize NFTs as profile images on the content-generation social platform. Following Twitter’s transition to NFT integration, Reddit [...] The post Reddit Is Digging Into NFTs: Testing NFT Avatars appeared first on Blockonomi.

Reddit Is Digging Into NFTs: Testing NFT Avatars

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NFTs have increased in popularity over the last year. More and more collections are entering the market and celebs are embarking on NFTs too. NFTs are now mainstream. This post is all about the top 3 NFT collections that have the most trading volume. Top 3 NFT Collections: Bored Ape Yacht Club Images of monkeys are always among the most widespread NFTs on the market. Probably the most notable collection of monkey images is the Bored Ape Yacht Club. It is a pack of 10,000 images of bored monkeys.  This NFT collection was launched in April 2021 via the OpenSea trading platform. The monkeys have a tally of 170 unique features that range in rarity. With a 7-day volume of 15,277 ETH, the Bored Ape Yacht Club is the top NFT collection. Top 3 NFT Collections: Mutant Ape Yacht Club The next NFT collection with a 7-day volume of 10,918 ETH is another collection of monkey images called the Mutant Ape Yacht Club. The Mutant Apes have been deemed as an additional advanced form of the Bored Apes and can also be discovered in the collection on OpenSea. Visit OpenSea to see the unique NFT collections! The Mutant Ape Yacht Club contains 20,000 unique images. It belongs to the so-called pedigree of the Bored Ape Yacht Club. In addition to the Mutant Ape Yacht Club, the Bored Ape Chemistry Club and the Bored Ape Kennel Club are also the characteristics of the family tree. Top 3 NFT Collections: The Sandbox The Sandbox was one of the most famous blockchain games in 2021. In the Sandbox Metaverse, there is a map of up to 166,464 LANDS. The landlords can begin events and contests on their LAND, stake the SAND token, and layout assets separately. The Sandbox collection on OpenSea has a 7-day volume of 4,713 ETH, making it the most popular NFT collection. Top 3 NFT Collections© Cryptoticker The post Top 3 NFT Collections With The Most Trading Volume Ever appeared first on CryptoTicker.

Top 3 NFT Collections With The Most Trading Volume Ever

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Justin Bieber is the latest celebrity to join the Bored Ape Yacht Club. He paid 500 ETH ($1.3M) for the Bored Ape NFT #3001.

Justin Bieber Buys a Bored Ape NFT for $1.3 Million (500 ETH)

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The Canadian singer Justin Bieber has purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for 500 ethereum or $1.29 million at the time of settlement. Bieber has a significant collection of NFTs and his wallet holds 340.43 ether worth $879K. Justin Bieber Spends $1.29 Million in Ethereum for BAYC #3001 Justin Bieber spent […]

Pop Star Justin Bieber Buys Bored Ape NFT for $1.29 Million, Pays More Than 300% Above Floor

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There is still no shortage of people mocking NFTs as a new digital asset class. The post How NFTs went from a joke to a legitimate asset appeared first on CryptoSlate.

How NFTs went from a joke to a legitimate asset class

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Nicolas Pouard, an executive at Ubisoft, one of the leading videogame companies in the entertainment world, has issued his take on the backlash from gamers regarding the inclusion of NFTs in traditional franchises. The VP at Ubisoft’s Strategic Innovations Lab stated that this reaction could be due to a lack of awareness of the benefits […]

Ubisoft Executive Thinks Players Reject NFTs Because They Don’t Understand Benefits

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Neymar Jr Just Spent $1.1 Million on Two BAYC Ape’s : Here’s What You Need to Know

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Eminem is no stranger to the world of NFTs. Since the time when NFTs entered the mainstream marketplace, Eminem has consistently made efforts to include [...]

Marshall Mathers Just Bought His Digital Lookalike ‘EminApe’ for $450,000

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Everything You Need to Know About Meta’s Plan to Integrate NFTs

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Adidas and Prada NFT: Brands Foray Into NFT Association

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Selfies for $ 1 Million: Man Sells Them As NFTs

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Walmart enters Metaverse: Could this revolutionize retail?

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Everything You Need to Know About the Mercedes NF-G Challenge

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Adidas Originals Into The Metaverse NFT Is Here, What You Need to Know!

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Decentraland NFT: Everything that you need to know!

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Following Adidas and Nike getting into the metaverse, the sneaker manufacturer New Balance seems to be prepping to launch virtual items tied to its products. The firm filed three trademark applications with the United States Patent and Trademark Office (USPTO) that describe “downloadable virtual goods” featuring “footwear, clothing, sports bags, sports equipment, and accessories for […]

New Balance ‘Virtual Goods’ Trademarks Hint of Upcoming Metaverse and NFT Venture

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The surge in the popularity of NFTs in arts, entertainment, and sports is birthing several opportunities for platforms to create innovative solutions that will drive the growth of the ecosystem. INO or Initial NFT Offering is one of such innovations that has sprouted from the sector. It is a new cryptocurrency crowdfunding based on the [...] The post Gonear: Decentralized Fundraising & Initial NFT Offering Platform Launches on Near Protocol appeared first on Blockonomi.

Gonear: Decentralized Fundraising & Initial NFT Offering Platform Launches on Near Protocol

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Binance Labs and Solv Protocol will collaborate on launching NFTs on the Binance NFT marketplace and on helping Binance Labs portfolio companies to grow Financial NFTs. This is a strategic move on both sides that will undoubtedly change NFTs forever. Solv Protocol is a decentralized platform for creating, managing, and on-chain trading Financial NFTs that [...] The post Binance Labs Makes Strategic Investment in Solv Protocol: Next Big Leap for NFTs? appeared first on Blockonomi.

Binance Labs Makes Strategic Investment in Solv Protocol: Next Big Leap for NFTs?

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The NFT heat is getting more fierce as the world’s biggest online video company expresses its strong interest in this trend. NFTs are on their way, and YouTubers must be prepared. YouTube CEO Susan Wojcicki revealed in a recently published letter that NFT integration is part of the company’s future strategic plans. The goal of [...] The post Youtube Teases NFT Integration, Finally appeared first on Blockonomi.

Youtube Teases NFT Integration, Finally

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading Asian Zodiac NFTs THEXII – Celebrates Year of Tiger in Metaverse at E-Crypto News.

Asian Zodiac NFTs THEXII – Celebrates Year of Tiger in Metaverse

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading World-Renowned Artist Gal Yosef Launches Digital Art NFT Collection at E-Crypto News.

World-Renowned Artist Gal Yosef Launches Digital Art NFT Collection

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Op-ed: Here’s why Algorand is the ideal home for NFT artists

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Following community backlash, OpenSea decided to reverse its decision on limiting free NFT minting using its collection storefront contract. The post OpenSea pulls back its controversial NFT minting limit decision appeared first on CryptoSlate.

OpenSea pulls back its controversial NFT minting limit decision

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Nansen, a cryptocurrency and blockchain statistics and analytics platform, has issued a report on the growth of decentralized finance (defi) in 2021. The document highlights how defi managed to keep growing, opening the field to new participant chains. Non-fungible tokens (NFTs) also had a notable year, with many new wallets experiencing growth as a result. […]

Nansen Report Highlights Growth of Defi and NFTs in 2021

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Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin blockchain-based NFT sales (Axie Infinity) dropped […]

Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout

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Tom Brady’s NFT Platform Raises $170 M: Everything you need to know.

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Harlem Rapper 27Delly Shares NFT Music Video for New Single

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Why Apple has no plans for Metaverse for its headsets?

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OpenSea Acquires Dharma: All You Need To Know

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Gap Threads: Fashion Giant Rolls Out Its NFT Collection

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At the very beginning of 2022, South Korean tech giant Samsung announced its foray into the metaverse and a new “NFT Aggregation Platform” designed for its smart TVs. In addition to the NFT TVs, Samsung also launched a virtual experience inside of Decentraland, one of the most popular metaverse gaming platforms. It’s high time we […]

Samsung Provides a Glimpse Into the South Korean Metaverse and NFT Craze

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Non-fungible tokens (NFTs) have proven that they are here to stay. At the same time, several cryptocurrencies have also been linked to NFTs, making them [...]

Best NFTs To Invest In For High Profits January 2022

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading Saatchi Art’s Public Sale of its”The Other Avatars’ NFT Collection Sold out in 20 Minutes at E-Crypto News.

Saatchi Art’s Public Sale of its”The Other Avatars’ NFT Collection Sold out in 20 Minutes

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As the team behind the new metaverse game Cross The Ages (CTA) prepares for the upcoming release, CEO and co-founder Sami Chlagou explained the project’s innovative approach–poised to make waves in the GameFi market. The post Behind the scenes of the new metaverse game Cross The Ages  appeared first on CryptoSlate.

Behind the scenes of the new metaverse game Cross The Ages 

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Reddit Joins The NFT Party With Profile Picture Testing

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading F-Bomb NFT Project Will Help NFT Newbies at E-Crypto News.

F-Bomb NFT Project Will Help NFT Newbies

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Add Reddit to the growing list of big brands jumping on the non-fungible token (NFT) bandwagon. The popular social media platform is reportedly working on a feature that would allow users to add non-fungible tokens to their profile pictures. This comes just a week after Twitter launched a similar feature. Reddit Is Testing NFT-Based Profile […]

After Twitter, Reddit Looks To Soon Add NFT Profile Picture Feature

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Reddit Gives NFTs More Visibility Through Profile Picture Testing

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A project with the greatest value for money we’ve seen in a while is taking its 1st steps in the NFT world

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The crypto economy has shed enormous value over the last three months and the leading crypto asset bitcoin is down more than 46% since it’s all-time high (ATH) at $69,044 per unit. The same can be said for a great number of digital currencies as the so-called crypto bear market has lasted 78 days so […]

78 Days: Measuring the Extended Crypto Market Downturn Against Prior Bear Markets

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A special agent with the Internal Revenue Service (IRS) says the tax agency is “seeing mountains and mountains of fraud” in the cryptocurrency space. The IRS criminal investigation unit is trying to train all of its agents on crypto and non-fungible token (NFT) issues because “this space is the future,” he stressed. IRS Special Agent […]

IRS Special Agent on Crypto: ‘We See Mountains of Fraud in This Area’

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Reddit, one of the largest micro-posting sites on the internet, is reportedly venturing further into the world of non-fungible tokens (NFTs). The company is testing a new functionality that allows users to set NFTs as profile pics, something Twitter is already doing now. Reddit released its own batch of NFTs, called Cryptosnoos, in June 2021, […]

Reddit Reportedly Testing NFT Profile Pic Functionality

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Since the creation of Bitcoin, many other cryptocurrencies have continued to spring up as adoption continues to heighten globally. Cryptocurrencies have continued to prove themselves as a store of value and attract investors into the Blockchain ecosystem. This phenomenon is normal, and investors have continued to flock around the space in a bid to enjoy high rewards. However, that growth has led to the creation of other Blockchain-related entities like Non-fungible tokens (NFTs), which have become popular. NFTs are unique and non-interchangeable data units stored on a digital ledger that uses blockchain technology to establish proof of ownership. They have become so popular recently, as Blockchain enterprises continue to innovate technologies to bolster their market. In this article, we will be looking at the fast-rising NFTmall crypto project. What Is NFTmall Crypto? NFTmall boasts as the first DeFi powered marketplace for NFTs. The NFT marketplace, powered by eCommerce, supports physically redeemable NFTs. According to its developers, the project creates a versatile space for many creatives to showcase their talents. The project also prides itself as the first Blockchain project to bridge the gap between mainstream and digital creatives. NFTmall has also provided users with an easy, sleek, and state-of-the-art interface to make their experience worth it. Apart from having attractive features, the NFT marketplace also provides creatives with immense opportunities to earn rewards. According to the developers, NFTmall also includes time-demanding features like Physically redeemable NFTs and future-themed features like NFTmall 3D. These are why the NFTmall project is one built considering the future and growth of NFTs. The NFT ecosystem, despite its growing popularity, remains a young and thriving ecosystem in the Cryptocurrency market. However, despite the limitations, the NFTmall project creates a level playing field for all interested parties in NFT. ------> Click here to Browse and Buy NFTs <------ What Is The Idea Behind The Project? According to the whitepaper, the idea behind NFTmall was to equip both creators and their buyers with a decentralized marketplace. NFTmall also seems to eliminate the barriers between creators and buyers, providing them with a friendly marketplace. Equipping buyers and sellers in a marketplace with the right tools and support has consistently yielded positive results. This is why many crypto analysts project the NFTmall as the future of NFTs and the NFT marketplace. The technology behind NFTmall will also ensure that it will no longer compromise the quality of NFTs. This means that creators will only offer buyers top-notch quality NFTs and get considerable rewards in return. Features And Advantage Of NFTmall Carving a niche for itself as one of the best places to buy, sell and trade NFTs. Listed below are the feature that makes NFTmall a unique NFT marketplace. Decentralized The decentralized nature of NFTmall makes it the best place for both creatives and traders of NFTs. The project has eliminated every form of interference and third-party influence over users. This means that creators and buyers meet at a common ground to do business. Friendly Marketplace The accessible and non-complex features of NFTmall make it the best marketplace for creators and buyers of NFTs. Apart from being easy to use, creators are not expected to remit any money to the space. This is arguably the first NFT marketplace with such features, as NFT creators have continued to enjoy these vast rewards. NFTmall allows creators receive total royalties for their work without any form of a commission payment. Users Earn Rewards On NFTmall, creators are not alone in earning rewards, as users are eligible to earn via their affiliate marketing program. This program rewards users with a commission if they help sell their favorite creators' NFTs. Users with immense sales abilities have continued to enjoy these benefits, as NFTmall ensures that everyone is rewarded. Smart Sorting Engine NFTmall has incorporated a Google-like smart sorting engine into its platform that ensures that good creators get the most attention. The platform believes in reward for quality and ensures that quality NFTs are sold before the poor ones. Unfortunately, this mechanism might not be sufficient, as user interests are not stable. However, NFTmall will make it easier for creators with an excellent reputation to rank higher in search engine results. What Is GEM? GEM is the native and governance token of the NFTmall project. Holders of GEM can participate in voting and contest within the project. The token currently has a maximum supply of 20 million tokens, with 10% of it subjected to buyback and burn. Users who pay platform fees with GEM are eligible for a whopping 50% discount. About 30% of its total supply is dedicated to rewards traders at NFTmall, while 2% rewards liquidity providers. At the time of writing, GEM is the currency to bid on the weekly auction of NFT advertisement on NFTmall. The token is now live on Binance mainnet and listed on more than 452 exchanges. It is also available for pair trading on several exchanges like PancakeSwap, Bilaxy, and LAToken. Why The Price Of GEM Soared? Like every cryptocurrency, GEMs' prices are dependent on the activities and progress of the project. According to its developers, there is still a lot of work in the NFTmall project, as it progresses gradually. One of its plans is to change the face of NFT trading globally. Since the last quarter of 2021, NFTmall has continued to delve into various successful projects to improve the NFT space. Fortunately, this has not left GEM behind, as it has become one of the gainers since the turn of 2022. This is evident in its market cap, which is now as high as $3,575,246. The token price has also surged by more than 31.7% in the last week, as 24hour trading volume hits $59,273. GEM currently trades around the $0.18 mark at the time of writing, representing a 9.6% increase in the last 24hours. ------> Click here to Buy GEM <------ GEM/USD chart for the past month - coinmarketcap Conclusion NFTmall is one of the Blockchain projects set to plummet the fortunes of NFTs in the future. The project is decentralized, user-friendly, and promises huge rewards for all. Creators and traders are not the only beneficiaries of the space, as users ( via affiliate marketing ) also earn. GEM is the governance token of NFTmall and has continued to witness an uprising of fortunes since Q4 2021. More is expected of GEM this year, as crypto analysts predict it as one of the most performing this year. NFTmall GEM© Cryptoticker The post OpenSea Competitor? Meet NFTmall Crypto 2022 appeared first on CryptoTicker.

OpenSea Competitor? Meet NFTmall Crypto 2022

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YouTube is considering adding NFT features for its creators

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NFTs have taken over the Internet, but game developers aren’t exactly on board. Yes, they hate NFTs. Previously, the Game Developers Conference conducted a survey of 2,700 game developers. The key objective of the research is to get insights into the interest level of participants in non-fungible tokens (NFTs) and cryptocurrencies. The results were revealed [...] The post Survey Finds Game Devs Not Keen on Supporting NFTs & Metaverse appeared first on Blockonomi.

Survey Finds Game Devs Not Keen on Supporting NFTs & Metaverse

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The Beatles and John Lennon Memorabilia Listed for Sale as NFTs

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YouTube Looking to Add NFTs in Ecosystem Expansion Efforts (Report)

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Two weeks since launch, LooksRare, portrayed as a community driven challenger to the NFT behemoth OpenSea, is still printing high levels of transaction volumes. The post Transaction volume up, users down – is OpenSea challenger LooksRare gmi? appeared first on CryptoSlate.

Transaction volume up, users down – is OpenSea challenger LooksRare gmi?

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With the dozens of gamified DeFi projects and earn-to-play games that launched last year, it’s hard to separate one fantasy-themed NFT marketplace from another, a metaverse innovator from a flash game with its own tokens. The post A look into the metaverse of GameFi rookie MOBOX appeared first on CryptoSlate.

A look into the metaverse of GameFi rookie MOBOX

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading Mobile Legends: Bang Bang Sells Out First NFT Collection at E-Crypto News.

Mobile Legends: Bang Bang Sells Out First NFT Collection

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SHIB is attempting to distance itself from the memecoin nickname by focusing on the development of a robust crypto ecosystem through new apps and initiatives. Following Shiba Inu developer Shytoshi BEANsama’s latest tweet, the crypto community has speculated that a major NFT partnership will be announced soon. According to media speculation, the big guy this [...] The post Shiba Inu Hints at NFT Partnership, More to Come? appeared first on Blockonomi.

Shiba Inu Hints at NFT Partnership, More to Come?

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The following list is the top 10 most expensive non-fungible tokens (NFTs) sold to date.

Top 10 Most Expensive NFTs Ever Sold (Updated 2022)

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ENS is taking first steps to Ethereum Layer-2 support

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Twitter Blue debuts NFT profile picture for iOS users

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading NFTs Backlash: Crypto Enthusiasts Meet Angry Gamers at E-Crypto News.

NFTs Backlash: Crypto Enthusiasts Meet Angry Gamers

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Twitter has launched the widely anticipated NFT verification feature for users. The feature has been limited to a section of users based on verification and the type of device being used. This feature forms part of the range of cryptocurrency integrations that the company has unveiled over the last 12 months. Twitter wants to allow […]

Twitter’s NFT Profile Picture Verification Feature: Big Win For Crypto?

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading Slime Royale Invests in Appota Group- A Vietnam Gaming Company at E-Crypto News.

Slime Royale Invests in Appota Group- A Vietnam Gaming Company

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NFT News Roundup – 22/01/2022

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading How The NFT Definition of Art Impacts Its Equity Value  at E-Crypto News.

How The NFT Definition of Art Impacts Its Equity Value 

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Former banker launches DeFi and NFT business

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While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Statistics indicate $4.7 billion in NFT sales were settled in seven days among 326,733 buyers, and Ethereum saw a continued rise in NFT sales volume. NFT Sales Remain Strong Despite Crypto Market Price Reversal […]

Despite the Drop in Crypto Prices, Weekly NFT Sales Reach $4.7 Billion, Increasing 81%

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Pop Legendz is auctioning a series of NFTs with never-before-seen images of Nirvana playing before the launch of their album Nevermind.

Nirvana NFTs With Rare Pictures Of The Band Will Be Auctioned Next Month

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Coinbase NFT/Mastercard Deal Reopens Decentralization Debate

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As crypto holders scratch their heads in losses amid the recent market sell-off, someone has turned McDonald’s employee applications into an NFT collection.

McDonald’s Job Applications Sold as NFTs on OpenSea Following the Crypto Sell-off

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It is undeniable that 2021 was the grand year of crypto with most cryptocurrencies recording massive growth thanks to increased demand from both retail and institutional investors. However, some of this success seemed to have hit a wall towards the end of 2021 and part of 2022 with most cryptocurrencies showing signs of capitulation thanks to […]

Crypto Aside, DAOs, DeFi, NFTs, And CBDCs Could Dominate The Stage In 2022

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Many clothing and sneaker companies are taking advantage of the young NFT market to create eye-catching collections for their devoted The post has appeared first on thenewscrypto.com The post Sneakmart Launches New Line of Mysterious NFT Sneakers-MetaKicks appeared first on CoinRegWatch.

Sneakmart Launches New Line of Mysterious NFT Sneakers-MetaKicks

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Whether you’re new to digital collectibles or an NFT collector, Bybit’s New NFT marketplace promises one of the best collections available, along with reliability, stability and a seamless user experience. Another NFT marketplace in a world where NFTs are red hot. ByBit will be offering NFT trading, and allow its clients to fully leverage its [...] The post ByBit to Enter the NFT Arena With Launch of New Marketplace appeared first on Blockonomi.

ByBit to Enter the NFT Arena With Launch of New Marketplace

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NFT-integrated features could provide a number of benefits to social network users on Twitter, but are they as good as they sound? The Metaverse ambitions of Meta (formerly Facebook) have clearly had a significant impact on the business scenarios of other corporations and companies. The next thing we’ve seen is that Meta’s major competitors and [...] The post Is Twitter Paying Attention to NFT Scammers? appeared first on Blockonomi.

Is Twitter Paying Attention to NFT Scammers?

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An exploit on OpenSea's front-end reportedly allowed the perpetrator to steal approximately $750K worth of ETH.

Hacker Targets Bored Ape NFT Holders in a Reported OpenSea Exploit, $750K Stolen

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading Duke University Fintech Director Jimmy Lenz talks to us about Duke’s NFT Program at E-Crypto News.

Duke University Fintech Director Jimmy Lenz talks to us about Duke’s NFT Program

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Entertainers can benefit from the earning model propagated by the Non-Fungible Token (NFT) industry according to Kanye West, who now goes by Ye. In a recent rant, Ye noted that it was unfair that celebrity photographers and news outlets could earn money from using celebrities’ images without giving the owners of the image a cut […]

Kanye West Says NFTs Reflect Why Celebrities Should Be Paid More For Media Coverage

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JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing NFT applications to use other blockchains,” said JPMorgan. Ethereum […]

JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion

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Known as the ‘King of NFTs’ and the world’s leading entertainment NFT network, Worldwide Asset eXchange (WAX) will be celebrating its major milestones with a record-breaking 10 million NFT drop to WAX blockchain accounts. The post WAX announces a historic 10 million NFT drop to its blockchain accounts appeared first on CryptoSlate.

WAX announces a historic 10 million NFT drop to its blockchain accounts

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The popular footbal player Neymar Jr owns two Bored Apes among other NFTs. He has spent over $1 million in digital tokens and ENS addresses.

Soccer Star Neymar Jr. Buys —And Shows Off— His Bored Ape Yacht Club NFT

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Twitter Blue Labs has rolled out a new feature to its subscribers: NFT Profile Pictures on iOS. For the uninitiated, Twitter Blue Labs is a paid opt-in monthly subscription that offers exclusive access to premium features that let you customize your Twitter experience for $3 a month. Twitter Blue is currently available in the US, Canada, Australia, and New Zealand. In these regions, Twitter Blue is available for in-app purchases on Twitter for iOS and Android, or on twitter.com. Twitter NFT Profile Picture Twitter has now rolled out a new feature where owners of NFTs can customize their Twitter profiles by showing off the NFTs they own in a hex-shaped profile picture. Users can set up an NFT profile picture by associating their Twitter account with their connected wallet's public crypto address. Twitter will not request private keys or seed phrase and they will not request any funds from your crypto wallet. Right now Twitter only supports static image NFTs (JPEG or PNG) minted on the Ethereum blockchain (ERC-721 and ERC-1155) to be used as profile pictures in their new hexagonal shape. As for the supported crypto wallets for the NFT profile picture feature Twitter currently supports the following: MetaMask Argent Coinbase Wallet Ledger Live Rainbow Trust Wallet To set up your NFT as your profile picture you first need to be a member of the Twitter Blue membership and have an iOS device in order to use this feature. Here's the step by step process to set it up yourself: 1. Sign in to the Twitter app on iOS. 2. Go to your profile.  3. Tap Edit profile, then tap on the profile picture icon and select Choose  NFT.  4. Select your crypto wallet from a list of supported wallets. 5. Twitter will generate a verification request message to your wallet address, where you’ll be asked to confirm you hold the private keys of your public crypto address, by signing an attestation. 6. You have the option to connect to your wallet by either scanning the QR code on the screen with your crypto wallet app or with your wallet’s extension.  7. Once you’ve connected your wallet, select the NFT held in your wallet that you'd like to set as your profile picture.  8. Tap Done. You’re all set! Note: If you need to search for a specific NFT, you can search with the NFT’s Token ID or Contract address. If you want to remove your NFT Profile Picture from your account simply change your profile picture to remove your hexagonal-shaped NFT profile picture. If you wish to connect a different wallet to your profile you can do this from the Settings under Edit profile. Just click your profile picture and select Use another wallet. Twitter NFT Profile Picture© Cryptoticker The post Twitter officially introduces NFT profile picture support appeared first on CryptoTicker.

Twitter officially introduces NFT profile picture support

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Online piracy has ended up as a pressing challenge for publishers and authors. Every year authors and publishers incur $300 million in losses. As a result, they feel demotivated since 99.99% of the books published stand pirated and the majority of the piracy originates from underdeveloped and developed nations because of the low earning potential of the population. For example, if an individual buys any book online or requests for its hard copy, it could amount to roughly $10 or $15. In developed nations, it is an hourly income; whereas, in developing and underdeveloped economies, it could be a day’s earnings or at worse, 3 days of hard work.  So you can imagine the scenario and the necessity of piracy to acquire knowledge in such economies. Having said that, what if there’s a solution that can minimize the cost by eliminating intermediaries and incentivizing authors due to the mass volume of readers. Perhaps, that’s what NFTBooks intends to do for the authors moving forward. Using the underlying principles of blockchain and NFTs, NFTBooks aspires to set up an ecosystem where knowledge flows deep and one does not have to take it as a luxury to move forward in their life and career.  What is NFTBooks?  Put simply, NFTBooks is a writing platform built on top of blockchain technology and uses NFTs to establish ownership. Unlike the normal writing platforms like Google’s blogger which controls the data, resulting in anyone copying or downloading the book for free, NFTBooks uses IPFS to connect with readers. The benefit of IPFS is independent storage with full control over your data. As a result, authors can skip paying high charges in the form of server and hosting fees while launching their books. Hence eliminating barriers to entry for new authors with limited resources.  → buy NFTBS Token Here ←  The Origins: Reason for the Need of NFTBooks The idea that your best creativity could end up in a dustbin because the editor of a publishing house didn’t like it makes book writing sound more like gambling. However, such shouldn’t be the case. Authors shouldn’t be at the mercy of editors and the publishing house to showcase their art. Even if they agree to these exploitations, the returns are barely enough to keep things sustainable for long.  For example, a normal author gets 10% royalty on book sales, whereas, the remaining  90% stays with the publishing house. So, you can very well understand the plight of the authors and the reason why book prices are touching the sky. Having said that, NFTBooks established an ecosystem by identifying these challenges and building solutions around them. In a way, benefitting all possible stakeholders by eliminating intermediaries.  Using blockchain technology, NFTBooks provides complete anonymity to the author to cover any topic of their choice without the fear of vendetta and persecution. For example, Salman Rushdie, the author of The Midnight Children was accused of exploiting freedom of speech to malign the image of the Muslims. As a result, he was banned from entering India. The same fate fell upon other top authors like Nadine Gordimer, Judy Blume, Gustave Flaubert and many more who had been persecuted for multiple other reasons. With NFTBooks, such problems do not exist as the ecosystem allows authors to stay anonymous and contribute to the ecosystem. Along with this, it also incentivizes all segments in the following ways mentioned below that go into making any book a grand success. Authors  They get the chance to publish their books as NFTs and get complete ownership of the book to derive income from the same.  Readers Direct purchase from the authors eliminates intermediaries, as a result, the price comes to a highly affordable level across all geographies.  Translators  Translators get the chance to earn as well. For every translation that they do, they receive a service fee. The upside for authors here is that translators commit a certain percentage of their fees to the authors.  Book Renting  Even book renters can buy back the rights of ownership from the authors in NFTs and share the books on a rented basis with the readers. However, even for doing that, a certain percentage of earning through renting must go back to the authors despite them shelling off the ownership of the book to the buyer.  Investors  The NFTBS token will incentivize investors who buy scare releases and mint an NFT of their own to sell via their wallet when the author has become famous. So by doing so they can either sell the book to the third party at a premium price or rent it out on a fixed subscription model. Whatever be the case, yet again those investors need to share a portion of their profits with the author.  NFTBooks: Would It Be a Worthwhile Investment for the future?  NFTBS token is trading at $0.0...03212 at the time of writing across many exchanges. With a current market cap of $32,221,239, the NFBS token has a way to go for driving mainstream adoption. However, it could be a reality in the future since most publishers are indulging in greedy capitalism. They are setting-up specific pricing models to indulge in superficial profiteering. For example, the concept of renaming e-books as e-textbooks and charging 3x to 5x prices has turned rampant in the UK. Millennials are forced into a profiteering pricing model where publishers compel readers to engage in annual licensing for as high as $800 to $1000. Having said that, readers might look for frugal ways where they can read their favorite books for a fraction of the cost they incur buying from distributors. Hence, the demand for the NFTBS token could rise considering its limited supply and it is the fuel to interact with the NFTBooks platform.  © Cryptoticker The post NFTBOOKs: Setting Up New Standards in Publishing appeared first on CryptoTicker.

NFTBOOKs: Setting Up New Standards in Publishing

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Twitter Rolls Out Verified NFT Profile Picture Feature

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If you ever owned a Tamagotchi or loved playing Nintendogs, the odds are that you are going to love this story. New research suggests that during the height of COVID-19, the number of people searching for a furry friend to keep them company hit new highs – not only physically but also in the Metaverse. The question is, are tokenized pets here to stay, or are they a pandemic fad? The Metaverse is widely regarded as the next iteration of the internet as a virtual world or web 3.0, facilitated by virtual and augmented reality. There are a number of ways to purchase or adopt a pet in the Metaverse, and they each have varying utilities. In the virtual open-world platform Decentraland, you can purchase a puppy and take it for a walk, or buy a fish and display it in a bowl on your dresser. Another way to get a pet in the Metaverse is by simply buying an NFT image on a marketplace like OpenSea. What these examples have in common is that they both exist solely in the digital world. If you purchase an Axie on Axie Infinity, it doesn’t exist in the physical world too. However, there are also projects gaining popularity that aim to blend the digital and physical world. For example, Classic Doge, which was created in Nov 2021, allows you to scan and tokenize a 3D rendering of your pet in the real world and bring them along into the Metaverse with you. Your real pet made into a 3D NFT Avatar. Bridging the real world with the virtual.#classicdoge #furever #xdoge #petaverse #VirtualReality #metaverse pic.twitter.com/oq86cRG9uB — ClassicDoge (XDOGE) Official (@TheClassicDoge) January 1, 2022 Head of Growth and Partnerships at Classic Doge Saylor Howell told Cointelegraph that although the pandemic may have provided an igniting moment for pet NFTs, they were an inevitable development of the Metaverse. “If you look at the facts, the world is changing. And I think that it’s shaping up as a very good opportunity in the metaverse to start virtualizing the things that we love.” Although the project is still in its infancy, Marketing Director Kade Cooper told Cointelegraph that the team’s long-term vision is to “become a gateway for bringing your real pet into the metaverse. Down the road, you could walk your dog again, have her sit down next to you even though she’s passed away,” he said. Voice activated AR pets. Yea RoboDoge is coming soon. This 3d dog can be in your living room and listens to your commands. Sit, jump, roll over, play dead, etc. pic.twitter.com/7sUyoJ1h7D — FuegoNFT.ΞTH (@FuegoApps) January 10, 2022 Web traffic data referencing “pets” or keywords relating to dogs and cats on the NFT marketplace OpenSea peaked at over 636,000 in October 2021, according to data from intelligence firm SimilarWeb. By December, however, this number had dropped to 246,000. The trend was consistent with web searches for NFT pets and related keywords. Similarly, searches peaked at about 206,000 during October before dropping to about 93,800 searches in December. Related: Dog-themed coin and cool new avatars showcase true potential of the metaverse The idea of NFT pets has also been generating interest among some experts in the NFT space, such as NFT blogger and Youtuber Matty DCL. Digital pets will 100% be a thing. — Matty (@DCLBlogger) January 10, 2022 The idea of owning a virtual pet is far from new, even if it has never been so realistic. The idea of having a digital pet was popularized in the late ‘90s and early ‘00s, with Tamagotchi. In fact, Tamagotchi’s website attracted over 125,000 visits in Dec 2021, representing an increase of almost 750% from Dec 2019. The post Scan your dog and go walkies in the Metaverse: Virtual NFT pets get popular appeared first on CoinRegWatch.

Scan your dog and go walkies in the Metaverse: Virtual NFT pets get popular

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Elon Musk Slams Twitter for Integrating NFT Features

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Superbots DEFI trading project to be launched early February

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You soon will be able to trade and display your non-fungible tokens (NFTs) on your Facebook and Instagram profiles as well as use the two social media platforms to create or mint new NFTs. This is according to today’s report from Financial Times citing insider sources at Meta, the company that owns these social media […]

Facebook And Instagram On The Verge Of Introducing Over 1 Billion Users To The NFT Space

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It’s hard to pinpoint a moment or a movement in the history of the crypto industry that can quite compare to the popularity NFTs have seen last year. The post The NFT sector defined the market last year with returns of nearly 8,000% appeared first on CryptoSlate.

The NFT sector defined the market last year with returns of nearly 8,000%

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On Wednesday, the Secret Network announced the launch of a $400 million fund in order to expand the application layer and provide grants to ecosystem participants that accelerate user adoption. The market capitalization for the network’s native token SCRT is the third-largest privacy-centric crypto asset market today with a $1.4 billion market cap. SCRT Labs […]

SCRT Labs Launches $400 Million Fund to Bolster Privacy Network’s Ecosystem and Application Layer

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Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercards can be used to make purchases on Coinbase’s upcoming NFT marketplace. Mastercard Partners With Coinbase Payments giant Mastercard and cryptocurrency exchange Coinbase independently announced their partnership Tuesday. Mastercard stated that the company is “Making it easier […]

Mastercard and Coinbase Partner to Make NFTs More Accessible to Everyone

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Microsoft, the software behemoth, announced today it had completed a deal to acquire Activision Blizzard, one of the biggest game developers and publishers in the gaming world. The deal, which involves an all-cash transaction valued at $68.7 billion, will give Microsoft ownership of important franchises like “Call of Duty,” “Candy Crush,” “World of Warcraft,” and […]

Microsoft Reveals Activision Purchase for $68.7 Billion as an Approach to the Metaverse

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Cryptocurrency Exchange Bybit Launches NFT Marketplace

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Reading Time: 2 minutes Mastercard card holders will be able to buy NFTs direct from Coinbase NFT The partnership aims to bring NFTs to the masses Mastercard’s deal comes in the wake of Visa’s strong move into the space Mastercard has emulated Visa in its push to join the NFT race after signing a deal with Coinbase to allow easy purchasing of NFTs on Coinbase’s imminent NFT platform. Coinbase NFT, which was announced in October last year, will be a peer-to-peer NFT marketplace that aims to reduce the friction associated with existing NFT marketplaces with the aim of making the space more appealing to The post Mastercard Joins NFT Race With Coinbase Partnership appeared first on FullyCrypto.

Mastercard Joins NFT Race With Coinbase Partnership

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Opensea, one of the biggest NFT marketplaces globally, recently announced it is acquiring Dharma Labs. The price is believed to be between $110 million and $130 million. As a result of the new agreement between the two companies, Nadav Hollander, a co-founder at Dharma Labs, will become the new chief technology officer (CTO) at Opensea. […]

Opensea Acquires Dharma Labs, Co-Founder Is Named New CTO

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Facebook and Instagram to Allow Users to Create and Sell NFTs: Report

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading Cunning Wolf Society: The New NFT Sensation to Launch this January at E-Crypto News.

Cunning Wolf Society: The New NFT Sensation to Launch this January

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JPMorgan reveals Ethereum’s main rival in NFT

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Non-fungible tokens (NFTs) have grown in leaps and bounds since the beginning of 2021. Despite breaking into the blockchain limelight just a year ago, NFTs [...]

5 Top NFT Cryptocurrency to Invest in Now – January 2022

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23-times Grand Slam winner Serena Williams is the latest celebrity to join the Bored Ape Yacht Club.

Serena Williams Joins BAYC: Gets a Bored Ape NFT

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Meta Platforms, Inc., formerly known as Facebook, Inc., is reportedly experimenting with non-fungible token (NFT) technology, according to unknown sources speaking with the Financial Times (FT). Allegedly, Meta is “readying” an NFT feature but it is “at an early stage and could yet change.” Meta and Instagram Are Reportedly Experimenting With NFT Tech A report […]

Report: Meta and Instagram Are Exploring an ‘Early Stage’ NFT Feature

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Facebook’s Meta plans to allow users to create and sell NFTs

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OpenSea transaction volume spikes to new ATH

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Splinterlands ”Chaos Legion Pack” Sales Boom Shifts Millions of Items

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Coinbase Partners With Mastercard to Make NFT Purchase Easy

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Microsoft Acquires Activision in Metaverse Push – Buying Enjin Next?

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Animoca Brands raises $358 million to grow the open metaverse

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Animoca Brands has announced the blockchain and cryptocurrency-focused firm has raised $358.8 million to bolster the non-fungible token (NFT) industry and “build the open metaverse.” The capital raise follows the firm’s previous $65 million and $138.88 million raises last year and today, Animoca Brands has an overall valuation of $5 billion. Animoca Brands Raises $358 […]

Blockchain Firm Animoca Brands Raises $358 Million to Enhance Web3 and the Metaverse

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The reigning UFC Heavyweight Champion Francis Ngannou has announced the mixed martial artist has partnered with the payments firm Cash App and plans to take half of his UFC 270 purse in bitcoin. Ngannou told his 620,100 Twitter followers that he believes “bitcoin can empower people everywhere.” ‘Bitcoin Is the Future and I’m a Believer’ […]

Heavyweight Champ Francis Ngannou Plans to ‘Take Half of His UFC 270 Purse Paid in Bitcoin’

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Music to grow body in metaverse, start new age of connection and immersion 

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OpenSea Acquires Dharma Labs to Explore Fiat for NFTs

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OpenSea acquires DeFi onramp wallet Dharma Labs

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Industry chatter suggests that major Korean exchange Bithumb is developing its own NFT marketplace under a partnership with LG subsidiary, LG CNS. Bithumb, a global cryptocurrency exchange with its headquarters in South Korea, announced today that its NFT marketplace is currently in the early stages of development. The launch is scheduled for 2022, but the [...] The post Bithumb NFT Marketplace Set To Launch This Year appeared first on Blockonomi.

Bithumb NFT Marketplace Set To Launch This Year

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Coinbase partners with Mastercard to simplify NFT marketplace purchases

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News recently broke that a student from Indonesia became a millionaire with an NFT selfie. Can you do something like this too? Earning millions with NFTs is of course difficult and requires a bit of luck. However, if you have a creative streak and want to create digital artworks yourself, we advise using solid NFT platforms. Let's quickly recap what NFTs are, and recommend the best NFT marketplace around. What are Non-Fungible Tokens? NFTs are basically digital ownerships tokens, that run on blockchains that support smart contracts, such as Ethereum. Their non-fungibility is similar to real-world contracts, where you can’t trade one contract to another, because the “actual content” differs from each other. Same things for NFTs, where you can't interchange them as their underlying “contract” changes with each one, hence their non-fungible nature. You might be asking, what’s the use of NFTs if those applications are already being used? Well, the keyword is “decentralized smart-contracts“. There’s something to that word that makes you feel….secure, no? Here is a list of real-life applications: Identity Management Artwork Real Estate Media and Entertainment Gaming NFT Millionaire? Use the Following NFT Platforms #1 OpenSea OpenSea is now the largest of the NFT platforms. The platform allows you to create, trade, buy and sell digital artworks. OpenSea offers a variety of different collections, in which some NFTs are sold for the equivalent of several thousand euros. OpenSea was founded in 2017 and has now replaced Rarible as the number 1 among NFT platforms. Nowhere else will you find such a wealth of different collections. The platform is extremely easy to use. #2 Rarible Rarible is also one of the largest NFT platforms. Rarible used to have a larger trading volume than OpenSea. Nevertheless, on Rarible you have a good opportunity to create your own NFTs and offer them for sale within a collection. Rarible has a strong individual focus on the artists. The creation process for NFTs is very convenient and individual. With its broad support for multiple blockchains, Rarible is a key competitor for OpenSea. #3 FTX NFT FTX is one of the largest crypto exchanges in the world. In October, FTX began offering NFTs based on the Solana blockchain. These NFT collections caused quite a stir last year. Meanwhile, FTX has already topped up its NFTs with Ethereum-based collections. FTX NFT is among the NFT platforms that are relatively new. As a new feature, the main platform FTX continues to push its new collections. You can also offer your NFTs here and, with a lot of luck, earn large sums with your own collections. NFT Sales© Cryptoticker The post Want to Become a Millionaire with NFT? – Use these Platforms and be Creative! appeared first on CryptoTicker.

Want to Become a Millionaire with NFT? – Use these Platforms and be Creative!

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading Mobile Legends: Bang Bang Will Issue the First-Ever NFT Collection at E-Crypto News.

Mobile Legends: Bang Bang Will Issue the First-Ever NFT Collection

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Arctic Bearz set to Launch – Support a Good Cause

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According to a JPMorgan’s analyst, Solana and Tezos have the ability to take on Ethereum’s dominance in the NFT ecosystem. The NFT market is a massive pie that everyone wants a piece of. According to Nikolaos Panigirtzoglou, an analyst at JPMorgan, Ethereum (ETH) was supposedly the dominator in the first phrase. It appears that the [...] The post Will Rivals Take On Ethereum in the NFT Market? appeared first on Blockonomi.

Will Rivals Take On Ethereum in the NFT Market?

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OpenSea Scores ATH of $3.5B in Monthly Ethereum Trading Volume

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THETA price is more than 73% down from its all-time high, but there are still a handful of reasons why traders might consider keeping an eye on the project. 2021 was a rollercoaster ride for many projects in the cryptocurrency market but as is the nature of crypto, many tokens hit new all-time highs and then spent the following months drifting lower as the hype surrounding the project faded and traders moved into greener pastures. This is exactly what happened with Theta, a decentralized broadcasting platform that allows users to earn rewards by contributing their computing resources toward the health of the network.  Theta token kicked off its run on Dec. 11, 2020, when it rose 2,468% from a price of $0.621 to a new record high at $15.90 on April 16, 2021, as Global 500 firms like Google and Sony Europe joined the network’s validator program and Theta Labs was granted its second patent on designs for decentralized blockchain-based video and data delivery. Data from Cointelegraph Markets Pro and TradingView shows that, since hitting a high of $5.98 on Dec. 27, the price of Theta has slid down to its major support near $3.85 as the wider cryptocurrency market fell under pressure. THETA/USDT 1-day chart. Source: TradingView Even with the reversal of fate, Theta still has a handful of fundamental reasons for holders to be bullish in the long-term. Three reasons to remain bullish on THETA in 2022 include the upcoming launch of the ThetaDrop nonfungible token (NFT) marketplace, the addition of new staking resources and the overall focus on live streaming and gaming which is currently supported by big-name partnerships and integrations. ThetaDrop launches on February 1 One of the biggest developments for Theta in 2022 will be the full launch of its ThetaDrop NFT marketplace. Plans on airdropping the TDrop governance tokens to members of the Theta community start on Feb. 1. ThetaDrop does not have any plans for a token sale and instead plans to release its 20 billion token supply over a four-year period to members of the community who provide NFT liquidity mining or stake THETA, TFUEL and TDRop on the network. TDrop supply release schedule. Source: TDrop whitepaper On top of the upcoming ThetaDrop launch, the network has also seen a handful of new projects launch on its blockchain, including the OpenTheta NFT marketplace and the Voltswap DeFi platform, which supports the swapping of Theta based assets. Protocols like Meter Passport and ThetaBridge also support asset bridging between Theta and other Ethereum virtual machine (EVM) compatible networks. Staking access improves Improving access to staking is another potentially bullish factor for Theta and its TFUEL utility and gas token. When the network first launched, users were required to stake a minimum of 10,000 THETA to operate a guardian node and help secure the network. Eventually, the required minimum was lowered to 1,000, but Theta’s price run above $14 in early 2021 resulted in most token holders being unable to meet this threshold as well. This led to the creation of sites like GPooL and, more recently, Thetaboard which gives THETA and TFUEL holders access to staking for a small commission. Thetaboard also launched its own NFT marketplace to serve the growing NFT ecosystem which includes limited editions of NFT collections released by popular celebrities like Katy Perry. THE ROAR COLLECTION is now live @ThetaDrop! Go 2 https://t.co/47eohxS34i to get ur limited edition NFTs (1️⃣of em is only available for 24 hrs) &if ur feeling bold u can bid to OWN one of my BIGGEST show props of all time! Speaking of REAL BIG stay tuned for #PLAY NFTs pic.twitter.com/K7PxnxdhvK — KATY PERRY (@katyperry) December 15, 2021 Related: Year of sponsorships: Celebrities who embraced crypto in 2021 Blockchain gaming and video streaming are still growing sectors A third reason for taking a bullish stance on Theta in the future is the protocol's focus on advancing blockchain-based video streaming and gaming and its current partnerships with Samsung and Sony. Gaming was one of the breakout sectors of the crypto ecosystem in 2021 and that trend looks to remain strong in 2022 as blockchain technology continues down the road to mass adoption. Users of the Theta.tv interface can earn rewards by watching members of the community play games like League of Legends or The Witcher 3: Wild Hunt. Non-gamers can watch, contribute and earn by watching channels from NASA or the World Series of Poker. The protocol also stands to benefit from multiple big-name collaborations including a partnership with Samsung that will see the Theta.tv app preloaded on smart TVs released by the company. This will enable users to receive TFUEL rewards for watching their favorite shows. Theta also has partnerships with Google, Sony and all three companies (Samsung included) operate as validator nodes for the network. While THETA's fundamentals look attractive, let’s see what the charts project.  THETA/USD Theta (THETA) has been trading inside a descending triangle pattern for the past several weeks. The 20-week exponential moving average ($5.64) has turned down and the relative strength index (RSI) is in the negative territory. THETA/USDT weekly chart. Source: TradingView This suggests that the path of least resistance is to the downside. The previous rebound off the strong support at $3.85 turned down from the 20-week EMA. Hence, this becomes the key resistance to watch out for in the short term. If the price bounces off the current level but once again turns down from the 20-week EMA, it will indicate that bears are selling on every minor rally. That will increase the possibility of a break below $3.85. If that happens, the THETA/USDT pair could slide to $1.46. Contrary to this assumption, if bulls drive the price above the 20-week EMA, it will be the first sign that the selling pressure could be reducing. The pair could then rise to the 50-week simple moving average ($6.88) and later to the downtrend line. THETA/USDT daily chart. Source: TradingView The pair bounced off the $3.85 support on Jan. 11, indicating that bulls are accumulating on dips. The RSI has formed a positive divergence, suggesting that the selling pressure could be reducing. If bulls drive the price above the 20-day EMA ($4.41), the pair could rise to the downtrend line. This level may act as a stiff resistance, but if bulls overcome it the pair could rally to $5.94. A break and close above this level could complete a double bottom pattern in the short term. This setup has a pattern target at $8.03. Conversely, if the price turns down from the 20-day EMA or the downtrend line, it will suggest that sentiment remains negative and traders are selling on rallies. The bears will then attempt to pull and sustain the pair below the $3.85 to $3.50 support zone. If they succeed, it will signal the start of the next leg of the downtrend. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. * Technical analysis of THETA provided by Rakesh Upadhyay The post Down, but not out: Here’s why Theta could be a breakout star in 2022 appeared first on CoinRegWatch.

Down, but not out: Here’s why Theta could be a breakout star in 2022

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The crypto influencer and model’s fan club DAO is guided by its core values “Simplicity, Integrity, Meaning, and Purpose,” or SIMP. The story of the IreneDAO NFT craze started in October when 28-year-old Chinese crypto influencer and model Yuqing Irene Zhao came up with the idea for “So-Col” with her business partner, Benjamin Tang. So-Col is short for “Social Collectables,” Irene explained to Cointelegraph, and the platform aims to help content creators monetize their content and build communities with their fans. Branded as the “decentralized version of OnlyFans, Discord, Twitch, and Patreon,” the platform allows content creators and influencers to convert their social media content into non-fungible collectible items (NFTs.) It is powered by StarkWare’s layer-two solution StarkEx and leverages the decentralized ID protocol. Fast-forward to Tuesday last week, Tang and Irene launched a sticker pack for Irene’s Telegram community to use on the messaging app. The stickers feature superimposed photos of Irene with meme slang text used by members of the crypto community like “gm”, “wen Binance”, and “yes ser.” A timeline: sticker pack, to NFT collection, to DAO The sticker pack immediately gained a lot of traction, reaching 2,000 installations within four days according to Irene. On Wednesday, she was contacted by a fan called “libevm” – who told Cointelegraph they would prefer to stay anonymous – on Twitter, who suggested that she consider turning the sticker pack into NFTs. Irene agreed, and they tokenized the stickers into 1,106 NFTs on the OpenSea marketplace by Friday. The NFTs are described as an “access pass” to the DAO’s “Genesis Tribe,” initially distributed with a free mint. They’re currently trading at a floor price of 1.47 Ether ($4,668), with a total volume traded of 2,000 Ether ($6,351,180). Source: IreneDAO NFT collection on OpenSea “We at So-Col thought it was a great idea as we wanted to create a prototype for our core concept of a community-driven creator economy. We then extended the idea into a DAO, and

IreneDAO NFTs causing a stir on crypto Twitter

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A 22-year-old makes $1 million by selling NFTs

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NFTs and Blockchain-Based Games on the Rise Despite the Recent Crypto Decline (Report)

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Ghozali Everyday is one of the latest NFT collections that garnered a lot of attention. It consists of daily selfies taken by a 22-year-old Indonesian student.

Indonesian Boy Ghozali Makes Bank Selling a Thousand Selfies as NFTs on OpenSea

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Konami, a Japanese game developer and software publisher, raised more than $160K in its first foray into the non-fungible token (NFT) scene. This was the result of an NFT auction related to the 35th anniversary of Castlevania, one of its most popular franchises. The end result contrasts with what other companies have experienced so far, […]

Konami’s Castlevania Anniversary NFT Sale Raises Over $160K

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Walmart prepares to enter the Metaverse, files documents to launch crypto and NFTs

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Walmart, Crocs, and China All Board the NFT Train

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Non-fungible tokens are one of the fastest-growing sectors in the cryptocurrency industry, with trading volumes on the largest NFT marketplace, OpenSea, hitting $15 billion in 2021 — increasing an astonishing 40,000% year-over-year. As they entered the mainstream, a growing number of big companies, investors, and celebrities rode the wave of enthusiasm for NFTs. A 22-year-old […]

How This 22-Year-Old Indonesian Became A Millionaire In Just 5 Days By Converting Selfies Into NFTs

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The smart contract token cardano has surged in value during the last 24 hours after a metaverse project called Pavia launched. Seven-day statistics indicate that cardano’s price has spiked 30.9% over the week and took over the fifth-largest crypto market cap position on Sunday evening (EST). NFT and Metaverse Project Pavia Pushes Cardano’s Price Higher […]

Cardano Price Surges After Metaverse Project Launch, ADA Gains More Than 30% in 7 Days

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Walmart files applications for the metaverse, crypto & NFT

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NFTs sold in the last seven days were worth over $2.5 billion

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The Metaverse is predicted to be the talking point of this year after a successful year of non-fungible tokens – the key to access the metaverse. By the end of 2021, tech and game giants including Facebook, Epic Games / Fortnite, Roblox, Snap, NVIDIA and Unity, took big steps in joining the metaverse. Walmart is [...] The post Walmart: Planning To Launch Cryptocurrency, NFTs & Metaverse appeared first on Blockonomi.

Walmart: Planning To Launch Cryptocurrency, NFTs & Metaverse

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According to a recent report, the American multinational retail corporation that operates a chain of department stores, Walmart Inc., is seemingly prepping to enter the industry of non-fungible token (NFT) technology and metaverse concepts. Walmart USPTO Trademark Filings Are Littered With Descriptions of NFTs, Blockchain Tech, Digital Collectibles, Metaverse, and Virtual Department Store Games On […]

Report: Walmart Trademark Filings Hint at Retailer’s Intent to Produce Metaverse and NFT Concepts

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According to a recent report by Bloomberg, the Internal Revenue Service now hopes to net Billions of Dollars in taxes from evading NFT traders. Shilled as the hottest sector now in the crypto ecosystem, the Non-Fungible Tokens (NFTs) market share has been spiraling at an unprecedented rate raking in Billions of dollars, most of which […]

The IRS Hopes To Recover Billions In Taxes From Evading NFT Traders

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Walmart Filed Documents to Launch a Cryptocurrency and Join the Metaverse (Report)

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According to a recent trademark application, Crocs, the American shoe company based in Colorado may be delving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes and the application describes a protocol that can manage and store digital collectibles. Crocs Trademark Filing Describes ‘Downloadable Virtual […]

Foam Shoe Giant Crocs Files NFT and Digital Collectibles Trademark Application

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There have been a total of seven distinct applications for consideration. Nike purchased RTFKT, a virtual sneaker firm, in December. The post has appeared first on thenewscrypto.com The post Walmart All-set to Enter NFT and Metaverse Arena appeared first on CoinRegWatch.

Walmart All-set to Enter NFT and Metaverse Arena

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On Saturday, January 15, 2022, the value locked in decentralized finance (defi) protocols across a number of blockchains has increased from $233.95 billion since January 8, to $239.44 billion. Curve’s total value locked (TVL) dominance today is 9.76% with its $23.38 billion TVL. Meanwhile, native assets for the top nine smart contract platforms have seen […]

Value Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26%

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Louis Vuitton ups their game; targets Gen-Z with Louis: The Game.

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Bacardi NFTs: How The Brand is Embracing Them?

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Meta Title: Ferrari NFTs: A new race just started

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Title: NFL All Day NFTs: All The Things You Need To Know

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Coca Cola NFT: Everything that you need to know

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A carpet presented by the United Arab Emirates as a gift to the head of the Catholic Church a few years ago has been sold in the form of NFT. While the original remains in the Vatican, its digital representation has been successfully used to collect funds for the people of Afghanistan. NFT of Historic […]

Gift to Pope Francis Sold as NFT Raises $80,000 for Afghanistan

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During the last seven days, there’s been $2.53 billion non-fungible token (NFT) sales, up 161% over the past week. Ethereum’s blockchain recorded the most NFT sales with $2.45 billion of the aggregate while the Solana network saw around $31.9 million in NFT sales this week. Across 258,536 NFT buyers this week, the NFT collection Meebits […]

$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge

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OCC joins with the Feds for new crypto legislation. OCC to intervene more crypto firms and establishments as intermediaries along The post has appeared first on thenewscrypto.com The post OCC Joins Fed for New Crypto Legislation appeared first on CoinRegWatch.

OCC Joins Fed for New Crypto Legislation

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Frosties NFT investors rug pulled, loses over $1 million

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Reading Time: 3 minutes Wikipedia editors have voted to exclude NFT sales in its list of biggest selling art works by living artists The vote, which will be revisited in the future, has a site-wide impact The issue of whether NFTs are art is something that the editors said is yet to be confirmed socially Some Wikipedia editors have voted to strip NFTs of a classification as a form of art, causing consternation among the NFT community. The debate started in December when NFTs sold by Pak and Beeple were added to the list of the most expensive artworks by living artists, additions that The post Wikipedia Editors Vote Against Classifying NFTs as Art appeared first on FullyCrypto.

Wikipedia Editors Vote Against Classifying NFTs as Art

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Buying and selling NFTs on the OpenSea marketplace is not so complicated. Here's a step-by-step guide on how to do it quickly and securely.

How to Buy and Sell Your First NFT on OpenSea? A Step-by-Step Guide

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Clothing retailer Gap launches its first gamified NFTs on Tezos

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China to Build Its Own NFT Industry Not Related to Crypto

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Recently, the ultra-rich spent more than $2.6 billion on this 277-year old asset in just 2 weeks. The post Revealed: 277-year-old asset booms thanks to NFTs appeared first on CryptoSlate.

Revealed: 277-year-old asset class booms thanks to NFTs

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Restaurant in NYC exclusively signs memberships with NFTs

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Red Date Technology aims to develop a compliant NFT platform. Ethereum and WeBank’s Fisco Bcos will be part of the The post has appeared first on thenewscrypto.com The post China Plans to Create Separate Blockchain Infrastructure to Legalize Only NFT appeared first on CoinRegWatch.

China Plans to Create Separate Blockchain Infrastructure to Legalize Only NFT

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China’s government seems to be embracing non-fungible tokens (NFTs) over cryptocurrencies. Hong Kong news outlet The South China Morning Post reported today that the government-backed China blockchain-based services network Blockchain Services Network (BSN) plans to launch a new NFT infrastructure later this month. The major point is that there is no connectivity between the infrastructure [...] The post Government-backed Services Network is Building NFT Infrastructure In China appeared first on Blockonomi.

Government-backed Services Network is Building NFT Infrastructure In China

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Here's everything you need to know about one of the most popular NFT collections - the Bored Ape Yacht Club (BAYC).

The Bored Ape Yacht Club (BAYC) NFT Collection: Everything You Need to Know

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading Samurai Saga – NFT Collection Will be Delivering 3D Ver. to Holders at E-Crypto News.

Samurai Saga – NFT Collection Will be Delivering 3D Ver. to Holders

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ENS hit half a million milestone for registered .eth domain names

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OpenSea, the largest NFT marketplace, has surpassed the one million mark in terms of active user wallets on the platform.

OpenSea Surpasses One Million Active User Wallets

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Here is the first restaurant open to NFT holders alone

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Blockchains games based on NFTs first received widespread attention in 2021. Many believed that non-fungible tokens could be the future of the gaming industry. With the rise of Axie Infinity, NFT games became a hot topic thanks to mainstream media. In fact, highly popular NFT games often have their tokens soaring in valuations. Let's talk about 5 NFT-based blockchain games that could take off in 2022 and make millions, that's if you decide to invest in them ;)----> NFT GAMES 2022 <---- #5 DeFi Kingdoms DeFi Kingdoms comes from the hands of developers who are very interested in investments. The game was created as a visualization of Liquidity Pool Investments, in which

Top 5 NFT Games that can Make you Millions in 2022

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Bitcoin's price could surpass the $100K milestone in the long-term future as the asset's network has

Bitcoin Tapping $100,000 is Reasonable, Says OKCoin Exchange CEO

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Chinese Law Enforcement Agency Have Reportedly Seized $1.7 Billion Worth of Crypto

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OpenSea is the oldest and largest marketplace for NFTs. But there are emerging platforms that can have a great 2022. This post is all about the top 5 NFT Marketplaces in 2022. Top 5 NFT Marketplaces: Coinbase NFT https://twitter.com/Coinbase_NFT/status/1474430901043875841?s=20 The Coinbase platform wants to hop on the widespread NFT train in the forthcoming months. Thus, Coinbase is now one of the other NFT platforms on which digital artworks can be exchanged. The marketplace waiting checklist recently exceeded 1.1 million people. This is more than OpenSea's active user base. With 73 active users at Coinbase, the new NFT marketplace has enormous growth potential. Top 5 NFT Marketplaces: FTX NFT https://twitter.com/Ftx_Nfts/status/1480305316940050433?s=20 Another prominent crypto exchange, FTX, has already established its own NFT marketplace. In October, FTX NFT launched with Solana-based NFTs and has meanwhile expanded its collection with Ethereum-based NFTs. Unlike OpenSea and Coinbase NFT, FTX NFT is centralized. The user data is held on a separate network. Thus, users must anticipate more stringent regulations. However, at 2%, the fees are lower than other marketplaces. Top 5 NFT Marketplaces: Rarible https://twitter.com/rarible/status/1478606417120481285?s=20 There was a time when Rarible as an NFT platform had an edge over OpenSea. The monthly trading volume was once more elevated than the rival. In the meantime, the situation changed. But like OpenSea, Rarible is one of the NFT marketplaces that support countless other blockchains. Rarible in 2022 persists to be an influential competitor for OpenSea due to its decentralization and broad support for different blockchains. Top 5 NFT Marketplaces: Zora https://twitter.com/ourZORA/status/1480212413916065795?s=20 Zora places itself as a platform for Web3 and decentralization. The platform is a totally permission-free

Top 5 NFT Marketplaces For 2022

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While the concept of NFTs has been around since 2014, they were mostly under the radar until last year, when they suddenly commanded headlines around the world. The post The Rise of NFTs | Footprint Analytics Annual Report 2021 appeared first on CryptoSlate.

The Rise of NFTs | Footprint Analytics Annual Report 2021

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NFT holders are welcome at Flyfish Club. According to the introduction on its main site, the New-York-based gourmet restaurant Flyfish Club is the world’s first fine dining restaurant for NFT holders. Members of the club are welcome to experience the highest standards in the restaurant service industry. First Exclusive-NFTs Restaurant To join the private dining [...] The post Flyfish Club: A Restaurant Just For NFT Holders Opens Today appeared first on Blockonomi.

Flyfish Club: A Restaurant Just For NFT Holders Opens Today

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Bitcoin & cryptocurrency news

China preps infrastructure for state-backed NFTs

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While decentralized finance underwent a tremendous expansion in just 12 months, NFT attracted investor interest like never before. 

DeFi and NFT Scaled to New Heights in 2021: CoinGecko Report

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NFTs officially flooded the mainstream last year. The post They are all in the NFT minting rush: Pulitzer Prize winners, Asian pop stars, US Congress candidates, and NFL players appeared first on CryptoSlate.

They are all in the NFT minting rush: Pulitzer Prize winners, Asian pop stars, US Congress candidates, and NFL players

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Players will be able to purchase and sell stuff on several blockchains. LD Capital and Akatsuki also participated in the The post has appeared first on thenewscrypto.com The post GameFi-NFT Marketplace Lootex Raises $9 Million in Funding Round appeared first on CoinRegWatch.

GameFi-NFT Marketplace Lootex Raises $9 Million in Funding Round

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E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading Editorial: Here’s Our NFT Marketplace Review For 2022 at E-Crypto News.

Editorial: Here’s Our NFT Marketplace Review For 2022

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Despite the competition from other major blockchains, Ethereum is still at the forefront of the NFT space. The concept of using blockchain to verify ownership of properties and collectibles was not new prior to the creation of NFTs. In fact, the first NFTs appeared in 2012, with the so-called original NFT collection – Colored Coin [...] The post Despite Competition, Ethereum Still Leads The NFT Space appeared first on Blockonomi.

Despite Competition, Ethereum Still Leads The NFT Space

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A new non-fungible token (NFT) marketplace called Looksrare has surpassed Opensea in terms of daily volume on Wednesday. Statistics show 3,264 Looksrare traders have executed $385.39 million in sales during the last day, as the marketplace has seen a 1,461% increase in daily volume. Looksrare NFT Market Captures Number 1 Position in Terms of Daily […]

NFT Market Looksrare Surpasses Opensea’s 24-Hour Sales With $385 Million in Volume

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So-called

You might be Eligible for LOOKS Airdrop, here’s how to Know and What to Do

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Clothing Brand Gap Launches NFT Collection on Tezos With Artist Brandon Sines

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CryptoCom NFT Appoints Former Apple and ESPN Executive as Senior Director

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Billionaire Investor Mark Cuban Seeks Crypto Utility Over Trading

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OpenSea’s up for competition, vampire LooksRare sucking trading volume

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Nervos Network is an open-source public blockchain ecosystem officially partners with Pastel Network which empowers all NFT platforms. Through this The post has appeared first on thenewscrypto.com The post Nervos Network Joins With Pastel to Provide High-End Security for NFT Space appeared first on CoinRegWatch.

Nervos Network Joins With Pastel to Provide High-End Security for NFT Space

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Ripple’s Development Arm Launches NFT-Devnet

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Gamers say no to NFTs leading Sega to think twice

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NFT renting poised to supercharge growth in Play-to-Earn games

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Associated Press all set to launch its own NFT marketplace

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The real estate market has obviously changed dramatically in recent years. From the beginning of the epidemic through the emergence of some breakthrough technologies, which creates the lack of stability in the market; but at the same time, creates many opportunities. Almost all commercial activities have been halted as a result of the COVID19. Real [...] The post Virtual Real Estate On The Rise: Metaverse Backers Spend Millions On Virtual Property appeared first on Blockonomi.

Virtual Real Estate On The Rise: Metaverse Backers Spend Millions On Virtual Property

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An open-source blockchain ecosystem and a suite of interoperable protocols, Nervos Network, has entered a partnership with Pastel, revealing its ambition to grow its presence in the NFT space. The post Nervos Network partners up with Pastel to offer protection from NFT scams and hacks appeared first on CryptoSlate.

Nervos Network partners up with Pastel to offer protection from NFT scams and hacks

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Bitcoin & cryptocurrency news

McDonald’s NFT: When McDonald’s Launched The McRib As An NFT

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On January 10, 2022, the Associated Press (AP), the American non-profit news cooperative founded in 1846, has announced the news agency is launching a non-fungible token (NFT) marketplace. The AP NFT market was built by the distributed ledger technology provider Xooa and on top of the Polygon blockchain network. AP Announces NFT Marketplace Launch The […]

175-Year-Old News Cooperative the Associated Press Plans to Launch NFT Marketplace

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