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NAFSTARS Announces a Successful Fund Raise of $1․7 Million
5.5.2022
PRESS RELEASE. NAFSTARS, a Polygon-based play-to-earn [P2E] platform that allows users to collect artist branded cards from all around the globe and from every music genre, has announced a successful fund raise of $1.7 million in seed, token pre-sale, and NFTs. This announcement comes right after...
Apecoin Integrates With Polygon, DAO Board Member Says Native APE Chain Was Never Discussed
4.5.2022
Following one of the largest non-fungible token (NFT) mints in history and after apecoin transactions from the sale fueled Ethereum network fees, apecoin is now integrated with the Polygon (MATIC) network. On May 2, the Apecoin project announced that with Polygon support, APE is now available...
NFT Market Collapses Just As Square Enix Sells Tomb Raider To Bet Big On Blockchain
4.5.2022
You know what no one could ever have predicted? That a market based on imaginary ownership of infinitely duplicable jpeg images might not be end-game, long-term sustainable. As The Wall Street Journal reports, the NFT market is “flatlining,” down 92 percent from last September. Which makes it just...
Polkadot Becomes a 'Fully Interoperable Multichain' With the Launch of its Cross-Consensus Messaging Format
4.5.2022
Popular blockchain protocol Polkadot (DOT) has launched its messaging system XCM (cross-consensus messaging) to enable communication between its various parachains and allow assets like non-fungible tokens (NFTs) to be transferred from one chain to another.
With the launch of this format...
Elon Musk May Launch Twitter IPO After Takeover - Report
4.5.2022
As Elon Musk is advancing his plan to buy Twitter in a deal valued at some USD 44bn, the Tesla CEO has reportedly told potential investors that the social platform could be returned to public ownership after a few years.
Musk declared that he intended to launch Twitter’s initial public offering...
This Level of Transaction Fees Would be 'Truly Acceptable' According to Ethereum's Buterin
4.5.2022
Ethereum (ETH) co-founder Vitalik Buterin has said layer 2 (L2) transaction fees need to be under USD 0.05 in order to become “truly acceptable.”
The statement came in response to a Twitter post from Ryan Sean Adams, co-founder of Web3 company Bankless and the host of the Bankless podcast,...
Otherdeed NFTs Sale Drop by 25%, Pushing Buyers Further Underwater
4.5.2022
Most buyers of the hotly-anticipated Otherdeed non-fungible tokens (NFTs) drop are not able to sell their digital land deeds at a profit, due to the high Ethereum (ETH) gas fees they paid during minting, as well as the decreasing demand.
According to NFT data aggregator CryptoSlam, Otherdeed...
WSJ says 'the NFT market is collapsing' but the data says otherwise
4.5.2022
An article by the WSJ suggesting the non-fungible token (NFT) market is “collapsing” doesn’t show the full picture as contrasting analysis reveal a consolidation is instead taking place
Kraken Enters NFT Game with Waitlist for New Multi-Chain Marketplace
3.5.2022
The US-based crypto exchange Kraken is planning to launch a non-fungible token (NFT) marketplace and is now inviting users to sign up on a waitlist for the new platform.
The new marketplace, dubbed Kraken NFT, will work across multiple blockchains, with "zero gas fees" for trades within...
Global Asset Manager Vaneck Launches Community NFT Project — 1,000 NFTs to Be Airdropped This Week
3.5.2022
Vaneck, a global asset management firm with $85.5 billion in assets, is releasing 1,000 non-fungible tokens (NFTs) this week. “We’ve designed the Vaneck Community NFT to function like a digital membership card,” said Vaneck. NFTs by Asset Management Firm Vaneck, a global asset...
Ukrainian Soccer Club Shakhtar to Raise Humanitarian Funds Through NFT Sale
2.5.2022
Shakhtar Donetsk, a leading soccer team in Ukraine, will sell a collection of non-fungible tokens (NFTs). The club intends to auction several signed jerseys to raise funds for Ukrainian citizens affected by the ongoing war with Russia. FC Shakhtar Donetsk to Auction Digital Collectibles With Help...
ETH Network Q1 Revenue Grew 46% to $2.4 Billion, Token Inflation Rate Drops to 0.51%
2.5.2022
The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing to the growth in the network’s revenues were non-fungible token (NFT) marketplace sales, which rose by more than 19,000% during the period under review....
Passive Income Cyborgs: Battle Borgz Publicly Launches on KICK․IO
2.5.2022
PRESS RELEASE. NFTs are not a temporary trend. NFTs are here to stay. Although analysts are still in the process of realizing the full potential that the technology behind ‘Non-fungible tokens’ offers, much is already clear. Beyond being used to certify the authenticity of artwork...
The Largest NFT Mint in History — Bored Ape’s Otherside Virtual Land Sale Raises $320 Million
1.5.2022
On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token (NFT) mints to date. The Otherside metaverse virtual land sale raised close to $320 million by selling 55,000 parcels...
Ice Cube’s Big3 Professional Basketball League Sells Team to a DAO for 25 NFTs
30.4.2022
Decentralized autonomous organizations (DAOs) have been acquiring high ticket items over the last 12 months and on April 28, the Degods DAO revealed it acquired a Big3 professional basketball team called the “Killer 3s.” The Big3 professional basketball league was founded by...
The Floor Value of Bored Ape Yacht Club’s NFT Collection Taps 152 ETH
29.4.2022
The non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC) has seen its floor value jump to 152 ether ($430K) for the cheapest Bored Ape NFT. Since September 1, 2021, the floor value of the BAYC NFT collection jumped from 25 ether ($70K) to today’s 152 ether, climbing more than 500%...
Elon Musk NFT First to Enter Ukrainian Hall of Fame and You Can't Buy It
29.4.2022
Ukraine’s government created a virtual gallery of NFT-based artworks that “aren’t for sale,” but are being preserved as “an expression of gratitude, similar to how paintings were presented to royal families and famous scientists in the past.” Tesla's chief and Twitter buyer Elon Musk is...
DeFi Transactions at One-Year Low, NFTs and Games Standing Strong
29.4.2022
Transactions related to decentralized finance (DeFi) applications have hit a one-year low, with DeFi being the niche within crypto that is most affected by this year’s downturn in crypto prices, a new report from the decentralized application tracking site DappRadar has said....
Read More: DeFi...
Collection of South African Fine Wine Sold as NFTs
29.4.2022
Collections of South Africa’s fine wines were recently sold as non-fungible tokens (NFTs) with one lot being sold for $79,000. Immediately following the auction, two lots were reportedly paid for using bitcoin. Lots Exceed Estimates Collections of fine wines made by some of South...
Here's How NFT Owners Trade and What Tools They Use
28.4.2022
Close to half of the surveyed non-fungible token (NFT) owners actively trade NFTs to earn profits, while the other half of holders mainly bought their NFTs either “to collect” or “for their utility,” according to a survey conducted by coin tracking site CoinGecko on Twitter....
Read More: Here's...