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Play-to-Earn Games Offer Alternative for Unbanked in South East Asia
18.11.2021
Crypto-based play-to-earn games like Axie Infinity (AXS) are paving the way for unbanked people in some countries in South East Asia to bypass dealing with banks altogether, and instead rely on their play-to-earn accounts, panelists at a discussion about blockchain gaming in South East Asia...
Report: Leading NFT Marketplace Opensea Presented With $10 Billion Valuation, Investors Are ‘Clamoring’
18.11.2021
On November 17, a report disclosed that the leading non-fungible token (NFT) marketplace, Opensea, is “fielding new investment offers” according to two unknown sources familiar with the matter. The investment could propel Opensea’s valuation by six times to a $10 billion market...
Watch: Polygon's Co-founder On 'Holy Grail' of Scaling, Ethereum Merge, NFTs, and More
18.11.2021
Polygon (MATIC), a layer 2 (L2) scaling solution for Ethereum (ETH), will continue to focus on zero-knowledge (ZK) technologies as the team believes it is “the ultimate holy grail for blockchain scaling,” Polygon’s Co-founder and Chief Operations Officer (COO) Sandeep Nailwal said in an exclusive...
NFTs Still Face Legal Challenges, But More Clarity Expected Soon
18.11.2021
Non-fungible tokens (NFTs) are currently facing some legal challenges, but more clarity on how the digital collectibles will be treated from a regulatory standpoint could be coming soon, panelists at a virtual seminar hosted by crypto tracking website CoinGecko agreed....
Read More: NFTs Still Face...
Younger OpenSea is Reportedly to be Valued More Than Crypto OG Gemini
18.11.2021
Non-fungible token (NFT) markeplace OpenSea is reportedly set to be valued more than crypto exchange and industry senior Gemini.
OpenSea is seeing new investment offers that could result in its valuation increasing some six times, to USD 10bn - or even higher, reported The Information, citing "two...
Liquidity Premium a Driver of NFT Prices and Value
17.11.2021
A “liquidity premium” is driving up non-fungible token (NFT) prices – as these tokens “can meet more demand” than physical goods in the “real world,” according to Alex Svanevik, the CEO of the blockchain analytics platform Nansen.
Today, he was speaking at a CoinGecko-run conference named “NFTs...
KuCoin Makes a USD 100M Bet on Metaverse
17.11.2021
The investment and research arm of KuCoin exchange, KuCoin Labs, has launched a USD 100m fund to support metaverse-related projects and promote the metaverse education programs, assisting the public - particularly the younger generation - get acquainted with this new concept. ...
Read More: KuCoin...
SAND Rallies as Sandbox Unveils its Upcoming Metaverse Event
17.11.2021
The Sandbox gaming platform announced The Sandbox Alpha, an upcoming event that will allow players to explore the ecosystem's metaverse for the first time and earn rewards in the process.
The news had pushed SAND, the native token of The Sandbox ecosystem, to its new all-time high of USD 3.63...
Tezos NFT Market Hic et Nunc Returns After Founder Steps Back, Begins Transition to DAO
17.11.2021
Last week, the popular Tezos-based non-fungible token (NFT) marketplace Hic et nunc discontinued its services following the market’s rise into the top twenty NFT marketplaces by sales volume. After the market’s founder Rafael Lima stepped back, the community decided to take...
Topps Releases NFTs Featuring Science Fiction-Themed Collectible Card Series Mars Attacks
16.11.2021
On Monday, the sports and entertainment collectibles giant Topps announced the launch of non-fungible tokens (NFTs) based on the firm’s classic science fiction-themed trading card series Mars Attacks. The limited-edition NFT collection will be hosted on the NFT platform Curio and will...
Popular Tezos NFT Marketplace Discontinues Services Without Explanation
14.11.2021
After becoming one of the top non-fungible token (NFT) marketplaces, the Tezos-based NFT market Hic et nunc has discontinued its services. After more than $50 million in all-time sales on the market, Hic et nunc’s creator has not disclosed why the NFT marketplace was shut down. Tezos-Based...
Two Entertainment Projects Featuring Bored Ape Yacht Club NFTs Get Backing From Universal Music Group, Timbaland
14.11.2021
This week Universal Music Group, the Dutch–American multinational music corporation announced the formation of a non-fungible token (NFT) metaverse music group called Kingship, which features four Bored Ape Yacht Club (BAYC) NFTs. Following the announcement, the hit record producer Timbaland...
Visa Executive Says Crypto Is ‘Becoming Cool’ — Sees Whole New Class of Mainstream Consumers Entering the Space
13.11.2021
Visa’s head of crypto sees a “whole new class” of mainstream consumers entering the crypto space due to non-fungible tokens (NFTs). The executive further says: “Crypto is becoming cultural. It’s becoming cool.” Visa’s Executive: ‘Crypto...
Business Giant Hankook Readies Crypto, NFT Move
12.11.2021
Hankook Technology, a South Korean conglomerate and part of the business group that comprises one of the world’s largest tiremakers (Hankook Tire & Technology), has announced that it is branching out into crypto and non-fungible tokens (NFTs)....
Read More: Business Giant Hankook Readies Crypto...
Rarible Marketplace Users Can Now Create, List, and Trade Flow-Based NFT Collectibles
11.11.2021
On November 10, the non-fungible token (NFT) marketplace Rarible.com and the Rarible protocol announced an integration with the Flow blockchain. The announcement details that Rarible users can now create, list, and trade Flow-based NFTs on the marketplace. Rarible Partners With Flow Blockchain...
MEW Launches ETH Block NFTs to Honor Ethereum's History
11.11.2021
MyEtherWallet (MEW), a wallet and an interface for interacting with the Ethereum (ETH) blockchain, aims to launch a new collection of non-fungible tokens (NFTs), dubbed ETH Blocks, to represent particular Ethereum blocks.
Blocks are batches of transactions that also include the hash of a previous...
Gaming Still Drives Blockchain Dapp Industry Growth
11.11.2021
Last month, the number of daily unique active wallets (UAWs) connected to blockchain dapps (decentralized applications) reached an all-time high, exceeding 2m per day on average, according to a report by dapp information provider DappRadar. Despite a robust surge in the use of decentralized finance...
Record Producer Steve Aoki and Spawn Creator Todd McFarlane to Launch Solana-Powered NFT Market
10.11.2021
On November 9, the two-time Grammy-nominated producer and DJ, Steve Aoki, announced a new partnership with the popular comic book artist and Spawn creator Todd McFarlane. The two plan to launch a non-fungible token (NFT) marketplace that leverages the Solana blockchain. The NFT marketplace will...
Ethereum Fees Pushed Higher by DEX Trading as Optimism's Upgrade Nears
10.11.2021
As Ethereum (ETH) continues to be plagued by high gas fees, the layer 2 (L2) scaling solution Optimism is expected to launch a major upgrade on November 11....
Read More: Ethereum Fees Pushed Higher by DEX Trading as Optimism's Upgrade Nears
Happy Hippos NFTs: A Pioneer Collection Drop
10.11.2021
Non-fungible tokens (NFTs) are a unique data unit contained within a digital ledger and cannot be interchanged. They are used as a representation of items that can be reproduced easily like artwork, images, videos, and audio files, among other digital files. NFTs are unique in their own way, using...