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JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion
21.1.2022
JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing...
NFT Bro’s ‘Metaverse’ Rave Looks Boring, Dead
20.1.2022
A large crowd of unmoving clones standing still in a mostly empty world amid tinny-ass beats that’d sound weak coming out of a Game Boy. It almost seems like they’re waiting for something to happen. But nothing does. They remain largely still, shuffling slightly, perhaps rotating a bit as the music...
Report: Meta and Instagram Are Exploring an ‘Early Stage’ NFT Feature
20.1.2022
Meta Platforms, Inc., formerly known as Facebook, Inc., is reportedly experimenting with non-fungible token (NFT) technology, according to unknown sources speaking with the Financial Times (FT). Allegedly, Meta is “readying” an NFT feature but it is “at an early stage and could...
NFTs Might Reach Facebook & Instagram as Meta Mulls NFT Marketplace - Report
20.1.2022
Facebook and Instagram-owner Meta is reportedly working on its own plans for allowing users to create, trade, and display non-fungible tokens (NFTs) from their social media platforms.
The plans, which have yet to be confirmed, are likely to involve a new feature that would let users display...
Mastercard and Coinbase Partner to Make NFTs More Accessible to Everyone
20.1.2022
Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercards can be used to make purchases on Coinbase’s upcoming NFT marketplace. Mastercard Partners With Coinbase Payments giant Mastercard...
NFT Infrastructure Moves: OpenSea Acquires Dharma, Coinbase Partners With Mastercard
19.1.2022
The market for non-fungible tokens (NFTs) is off to a strong start in 2022. While this is evident from the increasing number of NFT users and the rising volume of transactions, the recent decisions by some of the industry leaders further strengthen this perspective -- as companies move to make...
Invictus NFT Lab Blazes Trail for a New Fine Art Paradigm
19.1.2022
In our view, blockchain technology and non-fungible tokens (NFTs) present a perfect tool to revolutionize the traditional Fine Art industry, to the benefit of both artists and collectors. With this in mind, the Invictus NFT Lab’s inaugural Out of Africa collection aims to blaze the trail...
Shonen Jump Gives Fans Heart Attack Over Suspected NFTs
19.1.2022
Earlier today the American Twitter account for storied manga anthology Shonen Jump got very excited about some upcoming news. Problem being, they phrased it in a way that got fans very upset, very quickly.Read more
Top Crypto Trends to Watch in 2022, According to Pantera’s Paul Veradittakit
18.1.2022
With 2022 already underway and the crypto market still sliding lower, it's an excellent time to take a look at what expectations industry insiders have for the crypto landscape in the year before us.
To help you get some insight into what to expect for the year, we took a look at the main...
Blockchain Firm Animoca Brands Raises $358 Million to Enhance Web3 and the Metaverse
18.1.2022
Animoca Brands has announced the blockchain and cryptocurrency-focused firm has raised $358.8 million to bolster the non-fungible token (NFT) industry and “build the open metaverse.” The capital raise follows the firm’s previous $65 million and $138.88 million raises last year...
NFT Powerhouse Animoca Brands Hits USD 5B Valuation as Winklevoss & Soros Join USD 359M Round
18.1.2022
Major non-fungible token (NFT)-focused company Animoca Brands said reached a valuation of USD 5bn after completing a USD 359m investment round.
The latest investment round for Animoca Brands was led by Liberty City Ventures, with participation from a range of other investors including...
Report: Walmart Trademark Filings Hint at Retailer’s Intent to Produce Metaverse and NFT Concepts
17.1.2022
According to a recent report, the American multinational retail corporation that operates a chain of department stores, Walmart Inc., is seemingly prepping to enter the industry of non-fungible token (NFT) technology and metaverse concepts. Walmart USPTO Trademark Filings Are Littered With...
NFTs and Games Are Not Correlated to Crypto - Research
17.1.2022
A drop in prices of digital assets does not necessarily affect the performance of non-fungible tokens (NFTs) as they continue to soar despite crypto slumps, according to distributed app (dapp) store DappRadar....
Read More: NFTs and Games Are Not Correlated to Crypto - Research
‘Flurry’ of Walmart Patents Show Willingness to Embrace Crypto, NFTs and the Metaverse
17.1.2022
Walmart has developed plans that involve the creation of its own cryptoasset, launch collection non-fungible token (NFT) collections, and (yes, you guessed it) enter the metaverse, per reports citing filings made with the American Patent and Trademark Office....
Read More: ‘Flurry’ of Walmart...
Konami’s Castlevania Anniversary NFT Sale Raises Over $160K
17.1.2022
Konami, a Japanese game developer and software publisher, raised more than $160K in its first foray into the non-fungible token (NFT) scene. This was the result of an NFT auction related to the 35th anniversary of Castlevania, one of its most popular franchises. The end result contrasts with what...
Foam Shoe Giant Crocs Files NFT and Digital Collectibles Trademark Application
16.1.2022
According to a recent trademark application, Crocs, the American shoe company based in Colorado may be delving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes and the application describes a protocol that can manage and store digital...
$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge
16.1.2022
During the last seven days, there’s been $2.53 billion non-fungible token (NFT) sales, up 161% over the past week. Ethereum’s blockchain recorded the most NFT sales with $2.45 billion of the aggregate while the Solana network saw around $31.9 million in NFT sales this week. Across...
Metaverse Trends in 2022: Prepare for More Gaming and New Virtual Experiences with NFTs
16.1.2022
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While ‘non-fungible token’ (NFT) may have been Collins Dictionary’s word of 2021, there’s a good chance that ‘metaverse’ came a very close second (Collins did indeed mention the word in its blog commemorating NFTs). Because ever since Facebook changed its company name to Meta...
Gift to Pope Francis Sold as NFT Raises $80,000 for Afghanistan
16.1.2022
A carpet presented by the United Arab Emirates as a gift to the head of the Catholic Church a few years ago has been sold in the form of NFT. While the original remains in the Vatican, its digital representation has been successfully used to collect funds for the people of Afghanistan. NFT...
Bank of America Says Solana Could Take Market Share From Ethereum, Become the ‘Visa of the Digital Asset Ecosystem’
16.1.2022
Bank of America’s analyst says that Solana could take market share away from Ethereum. Noting that Solana is optimized for micropayments, gaming, and non-fungible tokens (NFTs), the analyst expects “Solana could become the Visa of the digital asset ecosystem.” Bank of America...