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China’s Ministry of Industry Aims to Foster NFT and Dapp Growth Despite Crypto Ban
20.12.2023
Source: AdobeStock Lukas / Hlavac China’s Ministry of Industry and Information Technology has published a document outlining its current and future work on developing Web3 and related technologies, including metaverse, non-fungible tokens (NFTs), and decentralized apps (dapps). The document...
Axies Evolution goes Live!
20.12.2023
Finally, after a long period of experimentation, axies are now capable of changing. However, there are some restrictions and charges involved. For example, Radiant Spirit Shells and Origin axes will receive the first 10,000 altered axies. It all began in 2017 and was simply a prosperous circle....
The Early Governance Rewards Pool contains a total of 250M ENJ
19.12.2023
The Enjin Blockchain is undergoing security measures in the wake of the token migration that commenced on September 13. In addition, holders are encouraged to participate in validator and governance monitoring. In order to facilitate this, a sum of 250 million ENJ has been reserved for the Early...
Million-Dollar NFT Heist: Apes to Art Blocks Stolen
18.12.2023
A massive cyber attack today breached online security by affecting NFT Trader, one of the most popular platforms for private individual trading. As a result, they fraudulently obtained millions of dollars in valuable Non-Fungible Tokens (NFTs). Prized items came from a variety of collections...
Super Mario-Inspired NFT Fetches Over $240K at Sotheby’s Auction
15.12.2023
Source: sothebys.com Major auction house Sotheby’s first inscription auction has been a success, closing with nearly $451,000 raised. Between December 6 and 13, Sotheby’s New York held an online sale of select BitcoinShrooms from the Bitcoin ordinals project by Shroomtoshi. Per...
The Sandbox Marketplace is now live on the Polygon
15.12.2023
The Sandbox recently announced an integration with the Polygon Network. The platform has released The Sandbox Marketplace on Polygon for creators. The integration empowers creators while increasing their asset monetization opportunities. Now, anyone can use CATALYSTs to mint on the Polygon...
The Sandbox introduces fresh royalty redistribution method
14.12.2023
The non-fungible token (NFT) market is seeing unprecedented growth. As a result, creators and artists are looking for ways to profit from their contributions to digital assets. An essential aspect of this is the factor of NFT royalties, which allow creators to continue benefiting from their efforts...
Trump Released Latest ‘MugShot’ NFTs, Commemorating His Previous Arrest
13.12.2023
Source: CollectTrumpCards The former U.S. President Donald Trump has introduced his latest “MugShot” edition NFT collection, referring to his previous arrest. Priced at $99 per digital trading card, the “MugShot” edition not only encapsulates Trump’s legal history but also adds a...
FIFA Enters NFT Arena, Offering Fans Digital Collectibles and World Cup Tickets
12.12.2023
Source: AdobeStock / Taljat FIFA, the famous international governing body for football, has announced a new digital collectible collection in its first collaboration with tech firm Modex – with some notable perks. ‘FIFA+ Collect’ will be dropping the “dual digital...
Pudgy Penguins Unveils Web3 Game ‘Pudgy World’ Powered by zkSync Era
11.12.2023
Source: pudgypenguins / Twitter Popular NFT project Pudgy Penguins has revealed the upcoming alpha launch of Pudgy World – a Web3 game based on the Ethereum Layer 2 network zkSync Era. According to the press release, the alpha will launch in Q1 of 2024. With it, Pudgy Penguins moves beyond...
zkSync announces the launch of Pudgy World by Pudgy Penguins
11.12.2023
zkSync has announced that Pudgy Penguins is launching Pudgy World in Alpha Q1 2024. ZkSync will power the launch, and the title will be accessible to two classes of participants: NFT holders of Pudgy Penguins and owners of Pudgy Toy. Pudgy World has been defined as an immersive title that is open...
South Korean Regulator Rules NFTs Are Not Subject to Crypto Law
11.12.2023
Source: TSViPhoto/Adobe South Korean financial regulators have said NFTs are not subject to the same rules as cryptoassets, a ruling that may buoy token issuers and blockchain gaming firms. Per News1, the Financial Services Commission (FSC), the nation’s top regulator, stated that “following...
Inspect announces support for Avalanche ecosystem
8.12.2023
Inspect has announced the expansion of its strategic partnership with the Avalanche ecosystem. Avalanche has confirmed the announcement, stating that they gain collection analytics and community insights with this development. Avalanche community members have responded positively to this...
Squid to power cross-chain functionality across Decentraland
7.12.2023
Squid has announced that it is now powering the cross-chain functionality on Decentraland. It helps users acquire an NFT in the ecosystem from any token they prefer from any chain they want. Needless to say, non-fungible tokens should be listed in Decentraland, and users must have linked their...
Megadeth Drops NFT Collection, Offers Exclusive Access to Metaverse And Real World Events
6.12.2023
Megadeth’s new NFT drop enables exclusive metaverse and real-world access for fans. Image by Kerem Goktug Kaya, DALL-E 3. Yesterday, legendary American thrash metal band Megadeth announced the launch of a new non-fungible token (NFT) collection, offering fans exclusive access to digital...
USM leads in using NFT-tokenized tickets to access events
6.12.2023
According to Smart Ticket research, an increasing number of businesses are incorporating the use of tokenized tickets as NFTs and tokens to connect with events and other prime venues, and the USM ecosystem is at the forefront of this race. Many creative and exceptional events have taken place...
Here’s Why Gamers Are Splurging on Square Enix’s Quirky NFT Characters
5.12.2023
Source: symbiogenesisPR / Twitter The Japanese gaming giant Square Enix has sold all character non-fungible tokens (NFTs) in the first auction for its upcoming game Symbiogenesis. Square Enix is the publisher of titles such as Final Fantasy, Kingdom Hearts, and Dragon Quest. The company’s...
Enjin Beam upscales NFT allocation options
5.12.2023
Enjin Beam has enhanced its NFT allocation tool with the addition of an advanced Claim Conditions option. Developers will be able to provide NFT rewards for certain behaviors, such as accomplishing tasks and holding their NFTs, as a result of this. Enjin Beam came into existence five years ago...
DogeWalk completes the final Genesis NFT mint with success!
4.12.2023
On November 28, 2023, DogeWalk concluded its final Genesis NFT mint. This results in minting the entire Genesis NFT series, which comprises 2,500 unique pieces. The final lot was purchased in the span of a single day. Before delivering their third Genesis NFT, DogeWalk performed a substantial...
CryptoPunks and Bored Apes Dip as NFT-500 Index Falls Despite Crypto Rally
1.12.2023
CryptoPunk NFT. Source: Adobe / ArtmediaworX While the broader crypto market appears to be moving toward a potential bull-market phase, the non-fungible token (NFT) sector, led by collections like CryptoPunks and Bored Apes, is experiencing a contrasting trend. The Nansen NFT-500 index, which...