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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....
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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. ...
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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...
Xbox Boss Phil Spencer Talks About 'Exploitive' NFTs
17.11.2021
NFTs, otherwise known as An Enormous Fucking Scam, are taking root everywhere that someone smells a fast buck and someone else is dumb enough to join them. Which in 2021 is, sadly, a lot of places! So it’s a slight relief, even if it’s only temporary, to see Xbox boss Phil Spencer speak publicly...
$500 Neopets NFTs Are So Sad Most Of Them Are Crying
16.11.2021
As threatened back in September, the lovable childhood heroes known as the Neopets have turned to the dark side, transformed randomly into a series of non-fungible tokens and sold to folks interested in owning their own small slice of the death of our planet. Of the 10,000 tokens created less than...
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)....
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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...
These Game Developers Are Choosing To Turn Down NFT Money
10.11.2021
In the wake of Ubisoft, EA, Square Enix, Sega, and Zynga announcing their interest in or direct support of blockchain tech and NFTs, things are looking pretty bleak for anyone who enjoys living on a hospitable planet. But for most of us, even if we find the notion distasteful, the possibility...
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....
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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...