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y00ts initiates migration to Polygon
30.3.2023
y00ts is migrating to Polygon, which has been officially announced on Twitter. The team has recommended that users leverage the capabilities of Phantom for a seamless experience. The multi-chain wallet has committed to offering dedicated support to users facing migration issues. Also, the support...
Token-Gated Access: Ticketmaster Rolls Out NFT-Enabled Ticket Sales for Fans – Here's How it Works
29.3.2023
U.S. ticket sales and distribution firm TicketMaster has implemented crypto wallet integration for the fan club of American metal band Avenged Sevenfold in relation to its forthcoming tour. Owing to the feature, fans who are members of the Death Bats Club will be enabled to use non-fungible token...
UK Government shows red flag to Royal Mint NFT project
29.3.2023
The UK Government has halted the production of a non-fungible token (NFT), which the Royal Mint is carrying out. This is even though the present Prime Minister of the UK, Rishi Sunak, has an absolute inclination towards it. This happened to have been during the period when he was holding...
NFT project Wassies launches an innovative pop-up hotel
29.3.2023
The NFT project Wassies has come out and successfully delivered a pop-up hotel in Singapore. The aim and intention behind this are to be able to introduce the NFT to a much wider audience in the real world. The project by itself has seemingly been able to gather a tremendous amount of popularity...
Ticketmaster rolls out NFT Token-Gating feature for everyone
28.3.2023
Non-fungible tokens, also known as NFTs, have been used for several purposes. One of them is to gain access to digital events like concerts. Meaning, the concept has been open for now; however, that is about to change with Ticketmaster attempting to reach a larger audience with the new feature,...
Luxury Brand Gucci Collaborates with Bored Ape Creator Yuga Labs for Metaverse Project – Crypto Adoption on the Rise?
28.3.2023
Luxury fashion brand Gucci is diving even deeper into the Web3 and the metaverse worlds, announcing a collaboration with the popular blockchain technology company and non-fungible-token (NFT) issuer Yuga Labs. ...
Read More: Luxury Brand Gucci Collaborates with Bored Ape Creator Yuga Labs...
Amazon Drops NFT Bombshell: Official Email Teases Digital Tokens and Platform Gallery
27.3.2023
The e-commerce giant Amazon has officially jumped on the NFT bandwagon, an email sent out to at least one customer suggests.
According to the email, Amazon has already launched some type of “digital token” that can be stored in a “gallery.” The digital tokens also appear to be something that...
y00ts forms a link from Solana to Polygon & eases the user experience
27.3.2023
y00ts, which happens to be a most sought-after non-fungible token (NFT), has made the declaration that it has formed a link from Solana to Polygon. This will help in providing much more enhanced liquidity, as well as interoperability, in terms of all of those who happen to be seeking avenues...
LitLab Games integrates Chainlink VRF & boosts transparency in minting
24.3.2023
LitLab Games takes the opportunity to make its official announcement of having incorporated the Chainlink Verifiable Random Function (VRF) on the BNB Chain mainnet. This was managed with the help of the association formed with JoePegs. In this situation, it will be gaining connectivity with...
Grease Monkey Games forms a partnership with Konig
23.3.2023
Grease Monkey Games, a subsidiary of Animoca Brands, has formed a partnership with Konig that is mutually beneficial. This will enable the delivery of interoperable wheel NFTs to Torque Drift 2 and other games in the Torque Motorsport games franchise. This will be completed by the latter half...
IRS Considers Treating NFTs as Taxable Collectibles, Raising Concerns for Digital Asset Owners
22.3.2023
NFT holders are on edge following an announcement by the IRS that they're reaching final rules surrounding the taxation of NFT assets.
The central proposal is to treat NFTs in the same way as collectibles such as fine wine, art, or stamps according to the document published by the US Internal...
Roo Troop and Joey Mob are relaunching and migrating to Polygon
22.3.2023
Roo Troop recently released a string of tweets to inform relaunching into Polygon. The tweets also revealed that Joey Mob will also be launching on the network. Both platforms will migrate to Polygon on April 12th. This recent collaboration has been undertaken to fight the war against creators....
Gaming Giant Sony Files Patent to Enable NFT Transferability Across Games and Consoles
22.3.2023
Entertainment and gaming giant Sony has filed for a patent to make non-fungible tokens (NFTs) transferable and usable between various games, devices, and consoles.
The patent (WO2023039557 - NFT FRAMEWORK FOR TRANSFERRING AND USING DIGITAL ASSETS BETWEEN GAME PLATFORMS) was published on March...
The Indian Railways incorporates blockchain technology
22.3.2023
The Indian Railways has taken the absolute landmark decision to incorporate blockchain technology for the first time. This followed the conduct of a highly educational and informative workshop at the National Academy of Indian Railways (NAIR), based in Vadodara, Gujarat. This very exercise...
Neopets Metaverse announces a shift to Polygon
21.3.2023
Polygon will soon host the digital collectibles of the Neopets Metaverse. The same was announced by Neopets Metaverse on Twitter, where this step was called a major milestone. A reason for allotting this tag to the development is that it perfectly aligns with its ambition of onboarding one hundred...
Blur achieves a grand sales vol., lands under scrutiny for manipulation
20.3.2023
The NFT marketplace is fierce, with every platform trying to outperform the other platform in terms of sales volume. Blur NFT marketplace was able to surpass OpenSea in the last 30 days by delivering a sales volume of $1.88 billion in comparison to $474.58 million by OpenSea. This has come under...
Ex-Ledger Chief of Staff manages to raise $2-3 million
17.3.2023
The Ex-Chief of Staff, Jean-Michel Pailhon, has managed to raise for himself the amount of $2-3 million from soft commitments that have been made by private bankers, as well as family offices. However, the total amount that he actually requires to raise happens to be $25 million. This is...
How are NFTs revolutionizing digital art?
17.3.2023
With time, the art industry has also revolutionized like other industries. Technology has given a new perspective to the art world. It has evolved from traditional art forms of paintings, sculptures, and more to digital art. Digital art is increasingly seen as a way for artists to showcase their...
Nuqtah completes first seed funding round led by Animoca Brands
16.3.2023
Nuqtah, the first NFT marketplace in Saudi Arabia, completed its first seed funding round. The round was led by Animoca Brands, with participation from Polygon and several local investors. The funds collected from the seeding round will be utilized to scale Nuqtah’s business in the upcoming...
Mynt shifts its music NFT project to the Hedera network
15.3.2023
Mynt is pleased to make their official announcement of the shifting of their music NFT project to the Hedera network from Ethereum. The team members have been actively engaged in the roping in of musicians and connecting them with the vast array of digital collectibles on Hedera. In the present...