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5 Crypto Trading Platforms and 1 DAO are Set to Air Ads During Super Bowl
9.2.2022
The upcoming Super Bowl in the USA, the annual playoff championship game of the National Football League (NFL), will be inundated with crypto ads as at least five crypto trading platforms and one decentralized autonomous organization (DAO) have paid up to USD 7m each to reserve a 30-second...
Opensea’s All-Time NFT Sales Volume Crosses $20 Billion
9.2.2022
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...
The Rabbids Invade the Metaverse as The Sandbox Partners With Gaming Giant Ubisoft
9.2.2022
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...
Florida Home to be Auctioned Off as an NFT
8.2.2022
A Florida, USA home is being auctioned off as a non-fungible token (NFT) for the first time in the history of real estate. Real estate startup Propy will host the auction and will accept payment in the form of digital assets.
The 2,162-square-foot Tampa Bay home has five bedrooms and three...
Watch Out, Aave and Twitter's Bluesky Move Towards New Social Media Standard
8.2.2022
Decentralized finance (DeFi) protocol Aave (AAVE) has launched an open-source, decentralized social media ecosystem dubbed Lens Protocol. Concurrently, the Twitter-backed Bluesky project has formed an independent organization to implement its vision of creating "an open and decentralized...
People ‘Will Spend 1 Hour a Day in Metaverse in Four Years’ Time, Predicts Gartner
8.2.2022
The research firm Gartner has forecasted that a quarter of all people will be spending “at least” an hour a day in the metaverse by 2026....
Read More: People ‘Will Spend 1 Hour a Day in Metaverse in Four Years’ Time, Predicts Gartner
Florida Home to Be Sold as an NFT, Decentralized Organization Seeks Bel Air Megamansion
7.2.2022
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...
Sneaker Giant Nike Sues Online Retailer for Selling Unauthorized Nike Shoe NFTs
7.2.2022
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,”...
US Treasury Warns NFTs May Present New Illicit Finance Risks
6.2.2022
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...
Saudi Princess Reem Al Faisal Launches ‘First’ Saudi NFT Collection
6.2.2022
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...
Rolling Stone Partners With Coinbase, First Collaboration Is a Limited Edition NFT Collection
6.2.2022
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...
Report: Andreessen Horowitz Seeks an Investment in Bored Ape Yacht Club
6.2.2022
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...
This Year’s Super Bowl Attendees to Get Commemorative NFT Tickets From NFL, Ticketmaster
4.2.2022
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...
The Metaverse: Three Legal Issues We Need to Address
4.2.2022
Pin Lean Lau, Lecturer in Bio-Law, Brunel Law School | Centre for Artificial Intelligence: Social & Digital Innovations, Brunel University London._____
The “metaverse” seems to be the latest buzzword in tech. In general terms, the metaverse can be viewed as a form of cyberspace. Like...
Real and Artificial NFT Market Outperformed Crypto in January - DappRadar
4.2.2022
While the crypto market was still down in double digits from its all-time highs, in January, the non-fungible token (NFT) market increased, even excluding artificial trades, per dapp (decentralized application) information provider DappRadar. ...
Read More: Real and Artificial NFT Market...
Nike Asks NY Court to Block Reseller StockX from Selling NFTs of its Shoes
4.2.2022
Nike has filed a civil case in the United States against the Detroit-based online fashion resale platform StockX, claiming that the latter uses unauthorized images of its footwear in non-fungible token (NFT) offerings.
In a 50-page complaint submitted to the New York Southern District Court...
Animoca Brands’ Offshoot nWay Launches Official Multiplayer Party Game of Beijing 2022 Olympics
4.2.2022
nWay, a subsidiary of major non-fungible token (NFT)-focused company Animoca Brands, has launched Olympic Games Jam: Beijing 2022, the official licensed play-to-earn multiplayer party game of the Olympic Winter Games that opened today....
Read More: Animoca Brands’ Offshoot nWay Launches...
Coachella Music and Arts Festival Partners With FTX US to Issue Solana-Based NFTs
3.2.2022
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...
Video Game Retailer Gamestop Partners With L2 Startup Immutable X, Launches $100 Million NFT Fund
3.2.2022
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...
Immutable and GameStop to Launch an NFT Marketplace, $100M fund; IMX & GME Rise
3.2.2022
Australia-based Immutable has announced that its layer 2 (L2) scaling protocol for Ethereum (ETH) and non-fungible tokens (NFTs), Immutable X, has partnered with the US-based videogame retailer GameStop (GME) to launch an NFT marketplace.
The new marketplace will be fully carbon neutral, said...