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UK politicians enter the metaverse, mainstream media says NFTs are worthless: Nifty Newsletter
27.9.2023
British politicians went to the metaverse to discuss the benefits and potential challenges that Web3 technology brings
Louis Vuitton will land on Discord
27.9.2023
Louis Vuitton has opened its Discord server, developed to foster a stronger link with digital communities and NFT holders. The Discord server is essentially a chat room with different themed, interactive, and immersive threads. It will mainly focus on gaming, sports, Web3, technology, virtual...
Pudgy Penguins NFT Launches Toys in 2,000 Walmart Stores, Trading Volume Surges by 530%
27.9.2023
Popular NFT collection Pudgy Penguins has launched its Pudgy Toys collection in 2,000 Walmart stores across the United States.
The toys, which have been available online since May, are expected to see a significant boost in exposure with their presence in Walmart.
Each Pudgy Toy will come with...
NFT Brand Pudgy Penguins Debuts Toy Collection in 2,000 Walmart Stores
26.9.2023
Each toy provides access to Pudgy World, a multiplayer digital social experience, which could help improve visibility and users of the Pudgy Penguin brand
NFT Sales Doldrums: 30-Day Plunge Sees 34% Decline Amidst Chilling Digital Collectible Sector
24.9.2023
Fresh data indicates a continuing decline in non-fungible token sales, dipping 3.2% in the last week and plummeting 34% over the past month. As September nears its end with six days remaining, NFT sales have tallied up to $341.37 million since August 24. NFT Sales Still Can’t Escape Crypto Winter’s...
Nifty News: Murakami to step back from NFTs, Dan Harmon's NFT Show debut and more...
23.9.2023
Takashi Murakami said he might step back from NFTs but stay involved in different ways, Krapoplis is set to debut on FOX this month and an NFT artist won a multi-million dollar contract dispute
Nouns DAO’s $27M Revolt Reveals Toxic Mix of Money-Hungry Traders and Blockchain Idealists
21.9.2023
It wasn't only the $90,000 spent on naming rights for a rare Ecuadorian frog species that turned off members of this decentralized blockchain-powered community project; some savvy arbitrageurs just wanted their share of the project's treasury
All Those NFTs Are Officially Worthless
21.9.2023
Most Non-Fungible Tokens (NFTs), a unique asset stored on the blockchain that cannot be replicated (unless you can right-click), have no value. While I’m no fan of lifeless Bored Apes, I’m not saying that just to be mean—cryptocurrency analysts dappGambl determined that out of the 73,257 total...
NFT Collector: William Mapan explains generative art using a crayon and dice
21.9.2023
What even is generative art? William Mapan, whose 250-piece Distance collection just sold out at 2ETH each, explains using a crayon and die
Rolling Stone Calls NFTs “Totally Worthless,” Sparks Diverse Community Reaction
21.9.2023
A new report shows that 95% of mainstream non-fungible tokens (NFTs) have recorded plunging values with many now almost worthless.
On Sept 20, media outlet Rolling Stone highlighted a report by dappGambl “Dead NFTs: The Evolving Landscape of the NFT Market” an analysis that explains why most NFTs...
First Mover Americas: NFT Platform ImmutableX's IMX Token Rallies
21.9.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
The NFT Bubble Has Officially Burst: Over 95% of NFT Collections Have Zero Value
21.9.2023
Non-fungible tokens (NFTs), once the darlings of the digital art and collectibles world, are facing a harsh reality check.
According to a recent study conducted by Web3 review website dappGambl that used data from crypto tracking sites CoinMarketCap and NFT Scan, more than 95% of NFT collections...
MintDAO goes live on LayerZero to power ONFT process
21.9.2023
MintDAO has announced that it is now live on LayerZero, commencing a new era of interoperability. The goal is to have a cross-chain NFT hub in the ecosystem. The announcement has been echoed by LayerZero Labs, with a special emphasis on powering the minting and bridging of ONFT, an acronym...
NFTs are 'totally worthless' says mainstream media, community responds
21.9.2023
A community member highlights the drastic shift in mainstream media narrative, sharing a previous article promoting the Bored Ape Yacht Club NFT collection
NFT Platform ImmutableX's IMX Token Surges 35% With Upbit Leading Volume Growth
21.9.2023
The IMX-Korean won pair listed on South Korea's leading exchange Upbit accounted for nearly 20% of the 24-hour global trading volume
‘Embracing Tokenization Now Is a Strategic Move for the Future’ — Metatime CEO Yusuf Sevim
19.9.2023
While tokenization of real-world assets (RWAs) like gold and real estate is a prospect that unnerves stakeholders in traditional financial systems, according to Yusuf Sevim, the co-founder of the decentralized protocol Metatime, this can potentially bring with it “immense benefits.”...
Major NFT Marketplaces Remove Mila Kunis' Stoner Cats Following SEC Charges
19.9.2023
Major NFT marketplaces, including OpenSea, Blur, and Rarible, have taken down the Stoner Cats NFT project following charges filed by the United States Securities and Exchange Commission (SEC).
The Stoner Cats NFTs, initially sold in 2021, have been available for trading across almost all major...
Krafton enters NFT-integrated metaverse gaming landscape
18.9.2023
Krafton, which is a colossus in the field of iGaming in South Korea, is entering the NFT-incorporated iGaming sector with its own game, Overdare. Initially, the game was named Project Migaloo, and plans are afoot to introduce the game towards the end of the year. The entirety of the delivery will...
Crypto Advocates Among Arnault Heirs: LVMH's Succession in Focus
18.9.2023
The luxury conglomerate LVMH, headed by CEO Bernard Arnault, is facing a pivotal moment in its history as the business magnate decides which of his five children will inherit his vast empire.
This decision could significantly impact the adoption of crypto and blockchain technology within...
Animoca Brands Subsidiary to Launch Unique Bitcoin Metaverse Token
17.9.2023
Animoca Brands, a prominent player in the crypto gaming and metaverse investment space, has announced plans to launch a metaverse ecosystem token on the Bitcoin (BTC) network.
In a recent press release, the company said the token will be developed through the Ordinals protocol by Darewise...