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Nalezeno "fungible tokens": 833

Jeju Island, South Korea, Eyes NFT-powered Growth


Jeju Island, a subtropical province off the South Korean mainland’s south coast, says it wants to use non-fungible tokens (NFTs) to transform its economy. The post Jeju Island, South Korea, Eyes NFT-powered Growth appeared first on Cryptonews

You’ll Need To Spend $70k To Enter This Digital Bathroom And Twerk


A large metaverse project created by the company behind the Bored Apes Yacht Club NFT project held a recent series of beta sessions for individuals who owned certain NFTs. While the developers claim this is just the beginning, it’s not looking promising considering how much money is involved. Read...

VanEck Launches NFT and Digital Assets Market SegMint


Investment firm VanEck has launched a new non-fungible token (NFT) and digital assets market dubbed SegMint following the successful listing of its spot Bitcoin exchange-traded fund (ETF) in the U.S. The post VanEck Launches NFT and Digital Assets Market SegMint appeared first on Cryptonews

Sotheby’s EtherRock Auction Closes Wednesday, Expected to Fetch Over $600K


Sotheby’s, the 279-year-old British auction house, is expected to close the sale of an EtherRock (EthRock) non-fungible token (NFT) on Wednesday, in a sealed bid auction. The decentralized prediction market website Polymarket reflects that there is a 57% chance that the EtherRock NFT will sell...

Yuga Labs’ Acquisition of Proof Fuels Moonbirds NFT Sales Uptick


Friday saw Yuga Labs, known for creating the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series, unveiled its acquisition of Proof, a notable NFT startup behind the Moonbirds collection. Kevin Rose, founder of Proof, will assume an advisory role within Yuga, and the startup’s team...

London-Based Wine Platform Curated Ventures into the Metaverse


Curated, a UK-based wine platform, has launched a new metaverse experience for its community members allowing them to fully immerse themselves in the provenance of wine. In a press release, Curated said it using the latest technology to develop a metaverse tailored for passionate wine collectors...

Artists Ordered to Pay $9 Million in BAYC Copyright Dispute


Artists Ryder Ripps and Jeremy Cahen are mandated by a federal court to pay $9 million in damages to Yuga Labs, following a high-profile legal dispute over unauthorized use of the Bored Ape Yacht Club’s copyrighted non-fungible tokens (NFTs). Yuga Labs Wins Big as Artists Ordered to Pay up...

Kresus App and Worldcoin’s Tools for Humanity Forge Web3 Partnership


On Monday, Kresus, the Web3 platform specializing in cryptocurrencies and non-fungible tokens (NFTs), unveiled a collaboration with Tools for Humanity, the creators of the Worldcoin initiative and the World ID identification system. World ID Meets Kresus App Kresus and Tools for Humanity (TFH) have...

Game Over for NFTs? Will the Market Recover in 2024


Non-fungible tokens, or NFTs, have faded into the background with all the chatter and excitement around a spot Bitcoin exchange-traded fund being approved in the US market. Earlier today GameStop revealed it has shut down its NFT marketplace, signaling its withdrawal from the cryptocurrency space....

Top NFT News Today – 11 January, 2024


Source: AdobeStock / Passakorn Non-fungible tokens (NFTs) are making (yet another) comeback. Over the last 24 hours, the NFT sales volume went up more than 30% to $50.5 million, according to CryptoSlam. That said, transactions have seen a small drop of less than 0.5%, recording 313,887 at the time...

Weekly NFT Sales Record Minor Ebb While Bitcoin Maintains Dominance


According to recent data, sales of non-fungible tokens (NFTs) over the last week declined by 1.31% to $308.23 million, a decrease of $4.09 million from the prior week’s $312.32 million. NFTs centered around Bitcoin remained at the forefront among 21 distinct blockchain networks, experiencing...

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