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Otis Launches NFT Auction Platform That Transforms Real-World Items Into Digital Collectibles
15.12.2021
As both fractional and traditional non-fungible tokens (NFTs) have seen exponential growth this year, the firm Otis has announced the launch of a marketplace called Otis House. The platform is a new NFT project that turns physical items into NFTs, and the tokens can be traded at any time for...
The Ten Biggest Kotaku Posts Of 2021
15.12.2021
A year ago, many of us had never even heard of NFTs, and Alex Trebek was the only Jeopardy! host most of us had ever known. Well, a lot has changed since then. Relive a time before we knew what a disaster the remastered GTA trilogy would be. Reminisce about how we all got that song from the Ankha...
Bob Ross Died Fighting Profit-Driven Vultures Only For Them To Turn Him Into A Funko Pop NFT
15.12.2021
Beloved painter Bob Ross died in 1995 due to complications from lymphoma, but before he passed away he made it very clear to the world that he didn’t want his likeness used for profit. But recently, Pop figurine maker Funko went in on the hot new digital grift by turning turned Ross into an...
Rarible NFT Marketplace Integrates Tezos Blockchain, Will Support Ubisoft Digits
15.12.2021
On Wednesday, the non-fungible token (NFT) marketplace Rarible announced that the platform now supports the Tezos blockchain network. The move follows Rarible’s integration with the Flow blockchain protocol in mid-November, and the NFT marketplace now supports a total of three blockchain...
S.T.A.L.K.E.R. 2 Wants To Turn You Into An NFT, For Some Reason
15.12.2021
In video games, non-fungible tokens, or NFTs, are no longer relegated to the realm of underperforming Ubisoft games and Peter Molyneux’s fever dreams. One of the spring’s ballyhooed Xbox shooters, S.T.A.L.K.E.R. 2: Heart of Chernobyl, will feature NFTs, developer GSC Game World announced in a press...
Game Developer Moonray PBC Raises $3.5 Million, Aims to Bring NFT and Blockchain Gaming to Bitcoin
15.12.2021
On December 14, Moonray PBC, the developer behind the multiplayer action-role-playing game (RPG) Moonray, announced that the project has raised $3.5 million from strategic investors. Moonray is considered the first metaverse and gaming non-fungible token (NFT) exchange built on the Bitcoin network...
Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency
15.12.2021
Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied...
Nike Acquires NFT Startup RTFKT Studios in Order to ‘Deliver Next-Generation Collectibles’
14.12.2021
Nike, the American multinational footwear and sports apparel company has announced the acquisition of a startup called RTFKT Studios, a firm that leverages non-fungible token (NFT) assets, blockchain authentication, and augmented reality. Nike says the acquisition will allow the company “to...
Even This Hydraulics Firm Takes Crypto, DeFi, NFT & Metaverse Plunge
14.12.2021
The Korean Stock Exchange-listed South Korean hydraulics firm Sewon E&C is in the final stages of sealing a deal with a major decentralized finance (DeFi) player over proposed crypto, non-fungible token (NFT), and metaverse collaboration....
Read More: Even This Hydraulics Firm Takes Crypto...
Ubisoft Devs Don’t Understand Company’s NFT Push, Either
14.12.2021
Last week Ubisoft revealed its new NFT tech platform, called Quartz, and it didn’t go well. The announcement that Tom Clancy’s Ghost Recon Breakpoint would be the first game to implement cryptocurrency-backed items was downvoted on YouTube over 40,000 times. Now it turns out even many developers...
Hacked Vulcan Forged Says It Has Refunded 'the Majority' of Affected Users
14.12.2021
The hacked play-to-earn non-fungible token (NFT) platform Vulcan Forged, which offers over six blockchain games, a decentralized exchange (DEX), and an NFT marketplace, said it has refunded the majority of affected users from its treasury.
The platform fell victim to a hack on Monday and lost...
Bored Ape Yacht Club Partners With Animoca Brands to Launch BAYC Play-to-Earn Game
14.12.2021
On Monday, the blockchain game developer and investor Animoca Brands announced a partnership with the Bored Ape Yacht Club (BAYC) in order to develop a BAYC play-to-earn game leveraging the collection’s popular NFTs. Bored Ape Yacht Club has seen 23,016 sales to date and has a market...
Russia to Ban Funds from Crypto Investment, Experts Warn of ‘Blurry’ Legal Status
14.12.2021
The Russian Central Bank has moved to bar financial firms in the country from engaging with crypto-related mutual funds.
In a press release, the resolutely anti-crypto body, which also polices the domestic financial sector, announced it had created a draft directive, which it will listen...
Here's the 'Metaverse-Ready Sneakers and Collectibles' Creator Nike Acquired
14.12.2021
Virtual sneakers and collectibles creator RTFKT is the latest entity to be acquired by a massive company on its way into the metaverse.
Sportswear giant Nike announced Monday that it has acquired this virtual shoe company that leverages the blockchain technology with plans to create NFTs...
Matrix Star Keanu Reeves Owns Crypto, Skeptical of NFTs, Says ‘Can We Not Have Metaverse Be Invented by Facebook’
14.12.2021
Matrix star Keanu Reeves has revealed that he owns cryptocurrency which a friend bought for him a while back. “Yeah, I have a little hodl,” he said. The famous actor also commented on non-fungible tokens (NFTs) and the metaverse. Keanu Reeves Talks Crypto, Metaverse, and NFTs Famous...
Keanu Reeves Calls NFTs 'Easily Reproducible,' Says He Owns Crypto
13.12.2021
Canadian actor and the star of the 'Matrix Trilogy' Keanu Reeves expressed skepticism about non-fungible tokens (NFTs) and digital ownership during an interview with The Verge.
When asked about his view on NFTs and the concept of digital scarcity, Reeves said they can be easily replicated...
Russia to Allow Foreign Residents to Own and Use Digital Ruble
13.12.2021
The central bank of Russia intends to ensure that the digital ruble is convertible to foreign currencies and can be used by non-residents. In a document devoted to the digitalization of the Russian financial sector, the regulator reiterates its concerns over the risks associated with...
Fractional NFT Markets See Significant Growth in 2021 as Market Cap Surpasses $200 Million
13.12.2021
While the non-fungible token (NFT) economy has exploded in value, another sector of the NFT industry called fractionalization has seen immense growth. A bunch of projects today are dealing with fractional NFTs, which are basically NFT assets chopped into a number of pieces and shared among...
We Live In Hell And This Ubisoft NFT That Requires You To Play 600+ Hours Of Ghost Recon Is Proof
12.12.2021
I’d like to go one weekend without having to write or think about NFTs, but apparently, we all live in Hell. I mean, how else do you explain a Ghost Recon NFT helmet that can only be acquired after playing the game for 600 hours? Read more
Peter Molyneux's Next Game Is A 'Blockchain Business Sim' Featuring NFTs Because The Future Sucks
12.12.2021
Have you been wondering what ol’ Peter Molyneux has been up to lately? Well, in a move that very few will find surprising, the infamous designer is jumping into the world of blockchain gaming and NFT bullshit. His next game, Legacy, is built entirely around the technology and “crypto gaming.”Read...