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Study: 98% of 2024 NFT Drops Are Dead; Only 0.2% Have Generated Profits for Investors
12.11.2024
A new study shows a slump in the non-fungible token market, with low trading activity and steep price drops hinting at potential market oversaturation. Demand and Supply Mismatch A study finds that 98% of non-fungible token (NFT) drops in 2024 have seen no trading activity since September, with...
Discovering the Creator-Driven World of Nifty Island
6.10.2024
In the latest episode of Regina’s Web3 Gaming Odyssey, she dives headfirst into Nifty Island—a metaverse brimming with customizable islands, NFT integration, and social interaction. Last week’s quick recap Last episode’s livestreamed game showcased Spellborne’s side quests. After...
Louis Vuitton-Affiliated Château d’Esclans And BlockBar To Sell $22,000 NFT Rosé Barrel
15.5.2024
Louis-Vuittion (LVMH) owned wine producer Château d'Esclans and spirits-focused blockchain marketplace BlockBar have launched an NFT edition of the wine maker’s famed Garrus rosé, according to a Monday announcement from BlockBar. The news marks the latest venture by LVMH to expand the company's...
Virtual coaches unite as The Voice enters the metaverse
9.5.2024
The Voice debuts its first metaverse gamified experiences that lets fans coach singers on virtual stages, win NFTs for their predictions for the real-time show, and score exclusive experiences
Pharrell Williams And Louis Vuitton Launch NFT-Linked Jacket To VIA Holders
23.4.2024
Renowned fashion house Louis Vuitton and record producer Pharrell Williams are delving further into the world of Web3 fashion with their brand new VIA NFT-linked varsity jacket. The digitized jacket twin is available exclusively to VIA holders as part of their continued exploration of Web3...
Starbucks Discontinues NFT Program to ‘Prepare for What Comes Next’
17.3.2024
Starbucks has said it will discontinue its Odyssey non-fungible token beta program and members “have until March 25, 2024, to complete any remaining journeys.” Starbucks stated on its FAQ page that it will keep its NFT community in mind and is working to find a place for its members...
Valentine’s Day in the Metaverse: Fostering Inclusion and Connection
14.2.2024
Valentine’s Day is often viewed as one of the most romantic holidays, yet celebrating love can create a huge amount of stress and pressure for some individuals. Recent statistics from Drive Research found that while 52% of consumers will celebrate Valentine’s Day, 3 in 10 Americans will go into...
China’s Ministry of Industry Aims to Foster NFT and Dapp Growth Despite Crypto Ban
20.12.2023
Source: AdobeStock Lukas / Hlavac China’s Ministry of Industry and Information Technology has published a document outlining its current and future work on developing Web3 and related technologies, including metaverse, non-fungible tokens (NFTs), and decentralized apps (dapps). The document...
Reebok’s Blockchain-Powered Gaming Experience Set to Transform Fashion
8.12.2023
Source: Futureverse, Reebok AI and metaverse technologies firm Futureverse and American sports culture brand Reebok have joined hands to create AI, Web3, blockchain-based gaming, and metaverse experiences. While the two are expected to make digital versions of Reebok wearables linked...
Today in Crypto: Investor Interest in Crypto Startups is Low in 2023, Credefi Finance Integrates with XRP Ledger
20.11.2023
Source: a video screenshot, XRP Ledger Foundation / YouTube Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Crypto startups have raised $2.1 billion year-to-date, or nearly...
NFT Giant Opensea Retrenches an Unknown Number of Employees
9.11.2023
Opensea recently retrenched an unknown number of employees as part of what the CEO Devin Finzer describes as a rebuilding exercise. According to the CEO, taking this step helps Opensea build a foundation which enables it to innovate faster. Smaller Team With Direct Connection to Users Opensea,...
China Daily Newspaper Mulls Metaverse and NFT Marketplace Launch - Here's The Latest
10.10.2023
China Daily, a prominent English-language newspaper owned by the Publicity Department of the Chinese Communist Party, has allocated a substantial 2.813 million Yuan ($390,000) to build its own metaverse and a non-fungible tokens (NFT) platform.
China Daily has called for a public tender, seeking...
Adidas Unveils NFT Artist Residency with Plans for Physical Collaborations
1.9.2023
Adidas /// Studio has announced its very own residency program for "Web3-powered" digital artists.
Also known as the Three Stripes Studio, the streetwear giant stated that the debut 'RESIDENCY by adidas' program is "poised to welcome a diverse array of digital artists hailing from across...
The MET Embraces the Metaverse with Roblox to Engage Young Visitors
13.8.2023
The Metropolitan Museum of Art (The Met) in New York has partnered with the popular gaming platform, Roblox, in order to offer a virtual experience for its younger audience.
As part of this collaboration, Roblox users can now obtain digital versions of famous artworks and artifacts for their...
University of Nicosia Lets Students Become ‘Masters of the Metaverse’
20.6.2023
The Cyprus-based university is building on its roster of blockchain degrees, teaching students how to design and manage virtual worlds with its Master of Science (MSc) in Metaverse degree
Best Crypto to Buy Now 26 May – AGIX, AXS, AI, ECOTERRA, OKB, YPRED, HT
27.5.2023
As May comes to an end, Bitcoin and Ether are struggling to gain momentum and are at risk of closing out the month lower.
Bitcoin has plateaued this week and may post its first monthly loss of 2023. Ether has ticked slightly higher but could also end May down from its open.
Given the recent slow...
Best Crypto to Buy Now 25 May – Leo, AiDoge, Ton, Neo, Sponge, Ecoterra, yPredict
25.5.2023
The US stock market is attempting to recover after concerns over the debt ceiling and a general sense of uncertainty caused a decline on Wednesday.
The Dow Jones Industrial Average is currently close to break even, while the S&P 500, Nasdaq Composite, and Bitcoin are registering a recovery...
Best Crypto to Buy Now 19 May – Bitget Token, Render, Injective
20.5.2023
The battle between Bitcoin and the $27,000 mark continues, with the cryptocurrency struggling to make headway in the face of mounting economic challenges.
However, a ray of hope is beginning to break through the macroeconomic clouds as Federal Reserve Chair Jerome Powell suggests a possible...
Best Crypto to Buy Now 18 May – Decentraland, Axie Infinity, XRP
18.5.2023
Bitcoin's price has once again dipped below $27,000, indicating a slight selloff in the broader cryptocurrency market.
At the time of writing, Bitcoin is trading at $26,632 and experiencing a loss of 2.83% so far today.
Other major cryptocurrencies, such as Ethereum (ETH) and Binance Coin (BNB)...
Best Crypto to Buy Now 17 May – Conflux, Render, Litecoin
18.5.2023
Tether, the largest stablecoin issuer and one of the most controversial companies in crypto, announced a new investment strategy today: the company will allocate up to 15% of its reserves to buy and hold Bitcoin.
The strategy moves away from Tether's long-held conservative investment approach...