Browsing:NFT News

Visa enters the crypto and NFT space
2 years ago 1 min read

VISA files 2 trademark applications for managing crypto transactions and NFTs

Visa, the world’s largest credit card company, has filed a number of trademark applications, implying a larger foray into crypto markets. On October 27, licensed trademark attorney Mike Kondoudis revealed Visa’s most recent trademark applications. The applications indicate that the company intends to develop or launch its own digital asset wallet. Software for managing digital, virtual, and cryptocurrency transactions, as well as cryptocurrency wallets, were included in the two trademark filings. In addition, provisions were made for auditing cryptocurrencies, utility tokens, and blockchain assets. Furthermore, the trademark applications extended beyond cryptocurrency transaction software and wallets. They also included nonfungible token

Seba Bank, an institutional-grade, certified, and independently audited hot and cold storage custody product for blue-chip NFTs, has launched its first NFT service.
2 years ago 1 min read

Seba Bank launches its first NFT service

Seba Bank, an institutional-grade, certified, and independently audited hot and cold storage custody product for blue-chip NFTs, has launched its first NFT service. The deployment is in response to client requests to keep their NFTs alongside other crypto assets, such as Bored Ape Yacht Club, Cryptopunk, and Clone X NFTs, which have already been approved. According to the bank, new collections will be offered based on consumer demand. With this latest product, Seba Bank intends to appeal to both investors who consider NFTs as an asset class and crypto natives. There’s a widespread adage in crypto: “not your keys, not

FC Basel owner in NFT industry
2 years ago 1 min read

Tioga Capital and FC Basel owner Holzmann lead a $5 million financing in an NFT business

Dan Holzmann, co-owner of Swiss football club FC Basel, and Tioga Capital led a $5 million round for NFT startup. CEO Thibault Launay declined to reveal the company’s worth. Exclusible, which was founded only a year ago, is an NFT platform that works with luxury companies to build their digital asset offerings, with clients including Asprey Bugatti, Christian Lacroix, and Louis Monet. Along with the fundraising announcement, the Lisbon-based company announced an expansion into America through the acquisition of Polycount, a metaverse development studio that has worked with McDonald’s and the Utah Jazz of the NBA. Exclusible’s Launay would not

In-app purchases can be used by apps to sell and buy services linked to non-fungible tokens (NFTs), such as minting, listing, and transferring.
2 years ago 1 min read

Apple says NFT ownership does not unlock features or functionality within the apps

Apple Inc. stated in a recent policy update that it will accept non-fungible tokens (NFTs) in applications but will not allow them to be used to unlock in-app content or features. In-app purchases can be used by apps to sell and buy services linked to non-fungible tokens (NFTs), such as minting, listing, and transferring. The company stated in its updated App Store Review Guidelines that: “Apps may not use their own mechanisms to unlock content or functionality, such as license keys, augmented reality markers, QR codes, cryptocurrencies and cryptocurrency wallets, etc.” In addition, Apple clarified that apps may use in-app

According to the community member, including "rank" in the NFT listing but not including "rarity" anywhere could be deceptive
2 years ago 1 min read

OpenSea revises its NFT rarity ranking protocol

An NFT investor raised various concerns about OpenRarity, the new rarity ranking protocol used by NFT marketplace OpenSea, in a tweet. According to the community member, including “rank” in the NFT listing but not including “rarity” anywhere could be deceptive. Using the Moonbirds NFT collection as an example, the community member contended that by enabling the OpenRarity ranking protocol, the collection destroyed its own market-driven rarity structure, rendering every single NFT a “floor Moonbird.” The NFT collector also requested that Kevin Rose, the CEO of Proof, the makers of Moonbird, turn down the collection’s OpenRarity rating function. The NFT marketplace

The designers of the play-and-earn NFT game Alien Worlds today announced the debut of in-game DAOs—or decentralized autonomous organizations
2 years ago 1 min read

Alien Worlds NFT Game Introduces In-Game DAOs to Increase Competition

The designers of the play-and-earn NFT game Alien Worlds today announced the debut of in-game DAOs—or decentralized autonomous organizations—under a new Planetary Syndicates concept, in the hopes of amplifying competition across many communities. Alien Worlds is an NFT-powered game in which participants gather and exchange one-of-a-kind digital objects created primarily on the WAX blockchain. Furthermore, players battle to gain Trilium (TLM), Alien Worlds’ in-game token required to manage one of the six rival DAOs. Alien Worlds’ token is also available on Ethereum, as well as its token and some NFTs on BNB Chain. A DAO is an online community united

Sachin Tendulkar, known as the "God of Cricket," has invested in the NFT platform Rario
2 years ago 1 min read

“God of Cricket” Sachin Tendulkar invests in NFT platform Rario

Sachin Tendulkar, known as the “God of Cricket,” has invested in the NFT platform Rario. Tendulkar is now a strategic investor and brand ambassador for Singapore-based Rario, according to an announcement made on Tuesday. As part of the agreement, Rario will be the sole provider of Tendulkar’s digital collectibles on its platform. Tendulkar’s investment amount was not disclosed by the firm. Rario is a cricket-focused NFT platform that provides digital keepsakes of players and competitions. It was launched in 2021. According to the company, it has worked with over 900 athletes, including Aaron Finch, Faf Du Plessis, Virender Sehwag, Zaheer

Rarible has launched an NFT aggregator that enables customers to browse listings across various marketplaces and compare pricing.
2 years ago 1 min read

Rarible launches an NFT aggregator to help consumers in their search for deals

The non-fungible token (NFT) marketplace Rarible has launched an NFT aggregator that enables customers to browse listings across various marketplaces and compare pricing. The aggregator, which is now accessible on Rarible’s homepage, features a search bar that enables users to browse NFTs using parameters including pricing, trending projects, recently listed NFTs, and auctions that are about to end. During the most recent Ethereum Foundation Devcon conference in Bogotá, Colombia, co-founders of Rarible, Alexei Falin and Alex Salnikov, confirmed Rarible’s entry into aggregation with The Block. The business has also published many social media updates about the Thursday announcement. Rarible’s Twitter

LiveArtX, a platform for non-fungible tokens (NFTs), has reported that one of its wallets has been compromised in what appears to be the latest cryptocurrency theft.
2 years ago 1 min read

LiveArtX NFTs platform wallet has been compromised

LiveArtX, a platform for non-fungible tokens (NFTs), has reported that one of its wallets has been compromised in what appears to be the latest cryptocurrency theft. There are currently few details available, but on October 17, the web3 art and culture portal stated that it is taking all necessary precautions in response to a “compromised wallet.” LiveArt’s Twitter account says that they are doing all they can to resolve the issue with the compromised wallet. The first tweet from 12 hours ago received replies demanding refunds and accusing the project of pulling a fast one. Colin Wu, a Chinese reporter

Actor and Oscar winner Anthony Hopkins' NFT collection sells out in less than 6min
2 years ago 1 min read

Actor and Oscar winner Anthony Hopkins’ NFT collection sells out in less than 6min

Despite the generally booming market conditions and declining user interest in digital collectibles, Welsh actor, director, and producer Anthony Hopkins has had his first NFT collection sell out in less than 10 minutes. “The Eternal Collection,” a project featuring 1,000 original works of cinematic art inspired by various performances of the actor throughout his film career, was released in partnership with NFT design studio Orange Comet. According to the collection’s description on OpenSea, the body of work “conceptualizes an interpretation of the various character archetypes Sir Anthony Hopkins has represented over the course of his distinguished film career, taking its

Konami Digital Entertainment announces that we will be recruiting a wide range of talent for "system construction" and "service development" to provide new experiences such as WEB3 and Metaverse.
2 years ago 1 min read

Konami, a Japanese video game firm, to hire web3 and metaverse developers

Konami, a Japanese video game company, is seeking developers with expertise in web3 and metaverse. In addition, the company intends to introduce an NFT marketplace at a time when the majority of other gaming companies have abandoned them. On October 13, the Japanese entertainment conglomerate and video game developer Konami announced that it was hiring staff for Web3 and metaverse development. The company’s plans to introduce an NFT marketplace for trading digital in-game items is particularly intriguing. To create new experiences like Web3 and the metaverse, Konami is hiring people to work in system construction and service development roles. According

The SEC is investigating whether some NFTs like BAYC from Yuga Labs might be "more akin to stocks," according to reports.
2 years ago 2 mins read

The US SEC is investigating the team behind Bored Ape Yacht Club and other NFT projects

According to reports, the SEC is investigating whether some NFTs from Yuga Labs might be “more akin to stocks.” The sources notes that the SEC’s investigation into Yuga Labs is actually a part of a larger probe into the non-fungible token (NFT) market, which was first made public in March. In addition, a report from Bloomberg on October 11 says that the SEC is looking into Yuga Labs to determine whether certain NFTs are “more akin to stocks” and whether the sale of specific digital assets is in violation of the law. On top of that, some claim that the

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