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Louis Vuitton will land on Discord
27.9.2023
Louis Vuitton has opened its Discord server, developed to foster a stronger link with digital communities and NFT holders. The Discord server is essentially a chat room with different themed, interactive, and immersive threads. It will mainly focus on gaming, sports, Web3, technology, virtual...
Pudgy Penguins NFT Launches Toys in 2,000 Walmart Stores, Trading Volume Surges by 530%
27.9.2023
Popular NFT collection Pudgy Penguins has launched its Pudgy Toys collection in 2,000 Walmart stores across the United States.
The toys, which have been available online since May, are expected to see a significant boost in exposure with their presence in Walmart.
Each Pudgy Toy will come with...
Rolling Stone Calls NFTs “Totally Worthless,” Sparks Diverse Community Reaction
21.9.2023
A new report shows that 95% of mainstream non-fungible tokens (NFTs) have recorded plunging values with many now almost worthless.
On Sept 20, media outlet Rolling Stone highlighted a report by dappGambl “Dead NFTs: The Evolving Landscape of the NFT Market” an analysis that explains why most NFTs...
The NFT Bubble Has Officially Burst: Over 95% of NFT Collections Have Zero Value
21.9.2023
Non-fungible tokens (NFTs), once the darlings of the digital art and collectibles world, are facing a harsh reality check.
According to a recent study conducted by Web3 review website dappGambl that used data from crypto tracking sites CoinMarketCap and NFT Scan, more than 95% of NFT collections...
MintDAO goes live on LayerZero to power ONFT process
21.9.2023
MintDAO has announced that it is now live on LayerZero, commencing a new era of interoperability. The goal is to have a cross-chain NFT hub in the ecosystem. The announcement has been echoed by LayerZero Labs, with a special emphasis on powering the minting and bridging of ONFT, an acronym...
Major NFT Marketplaces Remove Mila Kunis' Stoner Cats Following SEC Charges
19.9.2023
Major NFT marketplaces, including OpenSea, Blur, and Rarible, have taken down the Stoner Cats NFT project following charges filed by the United States Securities and Exchange Commission (SEC).
The Stoner Cats NFTs, initially sold in 2021, have been available for trading across almost all major...
Krafton enters NFT-integrated metaverse gaming landscape
18.9.2023
Krafton, which is a colossus in the field of iGaming in South Korea, is entering the NFT-incorporated iGaming sector with its own game, Overdare. Initially, the game was named Project Migaloo, and plans are afoot to introduce the game towards the end of the year. The entirety of the delivery will...
Animoca Brands Subsidiary to Launch Unique Bitcoin Metaverse Token
17.9.2023
Animoca Brands, a prominent player in the crypto gaming and metaverse investment space, has announced plans to launch a metaverse ecosystem token on the Bitcoin (BTC) network.
In a recent press release, the company said the token will be developed through the Ordinals protocol by Darewise...
NFT Fantasy Soccer Games Coming to US and Canada Courtesy of LaLiga and GameOn
15.9.2023
Fantasy sports platform GameOn has partnered with the Spanish football league LALIGA to develop Web3 games for players in the US and Canada.
GameOn announced its deal with LALIGA North America on Wednesday. According to the press release, the tech company will launch fantasy games based...
The Genesis will be positioned on the Chiliz Chain
14.9.2023
The Genesis, which is basically an NFT collection from Legend and Chiliz’s collaboration, will be the initial project that will be positioned on the Chiliz Chain. They have created an exceptional offer for the Chiliz community to commemorate the occasion. For a start, the NFT collection will...
SEC Fines Stoner Cats NFTs Creator $1 Million for Securities Violation
14.9.2023
The company behind Stoner Cats non-fungible tokens (NFTs) has to pay a $1 million fine and destroy all its NFTs per a settlement with the US Securities and Exchange Commission (SEC).
According to the Wednesday press release, the SEC charged Stoner Cats 2 LLC (SC2) with conducting an unregistered...
Italian Luxury Brand Panerai to Include NFT-Based "Digital Passport" with All Watches
13.9.2023
Italian luxury watch manufacturer Panerai has revealed plans to include an NFT-based "digital passport" with every watch sold after October 3.
The Panerai digital passport will serve as a record containing detailed information about each timepiece, establishing its digital identity and providing...
Animoca Brands Secures $20M Funding to Drive Ambitious Mocaverse Metaverse Project – NFT's Making a Comeback?
12.9.2023
Animoca Brands, a metaverse and gaming venture capital firm, has raised $20 million to expand its Web3 identity project Mocaverse.
According to the press release, the funding round was led by blockchain- and Web3-focused venture capital company CMCC Global, with other investors including Kingsway...
Binance NFT drops Sandbox NFT Staking and Polygon Network support
11.9.2023
Binance has announced that its NFT marketplace will withdraw support for The Sandbox NFT Staking Program and Polygon Network effective September 26, 2023. This is being done after thorough evaluation and consideration. The goal of Binance NFT is to offer its customers an offering that has been...
Casio the Latest Japanese Firm to Enter NFT Arena – More to Follow?
11.9.2023
Japan’s Casio has become the latest megabrand to take the NFT plunge with the release of “Virtual” G-Shock tokens based on its popular watches.
In a Casio press release, the firm said it was launching the Virtual G-Shock line on the Polygon blockchain protocol.
The company said it would release...
Hyperspace debuts on Avalanche, its first EVM chain
7.9.2023
Avalanche has announced the EVM chain debut of Hyperspace, a multi-chain NFT marketplace. The mission is to offer an enhanced experience to users when it comes to non-fungible tokens. Hyperspace has chosen Avalanche for a variety of reasons. This includes power, speed, and eco-friendliness. Also...
Axident's NFTs Turn Justin Bieber's 'Company' Into a Royalty Investment, 350 Minted in 2 Minutes
7.9.2023
Andreas Schuller, known by his producer name Axident, has just started the sale of non-fungible tokens (NFTs) that give their owners a percentage of future streaming royalties to Justin Bieber’s song 'Company'.
To transform Bieber's fans "from passive listeners to empowered music stakeholders,"...
Convicted Ex-OpenSea Manager Chooses to Serve Jail Time Amid Pending Appeal
7.9.2023
Nathaniel Chastain, a former manager at the non-fungible token (NFT) marketplace OpenSea, has made the decision to serve his three-month prison sentence for insider trading while his appeal is still pending.
Chastain's lawyers submitted a letter to the New York District Court on Wednesday...
NFTs and Metaverse: Activewear and Luxury Brands Embrace Web3 Innovation
6.9.2023
Despite the setbacks caused by the 2022 crypto crash, Web3 continues to intrigue marketers, particularly in the activewear and luxury brand sectors.
Based on the principles of decentralized applications and blockchain technology, Web3 offers ownership of data and digital assets, opening up...
Burgrill partnered with OneRare
4.9.2023
Burgrill, which currently is a name to reckon with in terms of their burgers and wraps, is now ready to go the extra mile and are combining their burgers with new-age NFT technology. As an initial part of their plans, they are introducing four popular burgers to OneRare Foodverse in the form...