Gibraltar, Gibraltar, February 27th, 2024 The new gaming platform Funtico is thrilled to announce the launch of its whitelist for its first exclusive Summoners Collection NFT sale. In addition to providing access to the Summoner Collection, whitelist spots offer some big benefits on the horizon as the Funtico platform barrels full speed ahead to launch. Users can join the exclusive whitelist campaign starting February 27, 2024, here. Participants will have the chance to purchase one of each of the unique NFTs from the Summoners Collection gaining them access to a special NFT if a user has 1 of each NFTs in the collection.
Jakarta, Indonesia, February 6th, 2024 In an unprecedented move, Saakuru Labs (formerly known as AAG), leading innovators in the Web3 infrastructure sector, has teamed up with Relawan Konco Kulo Gibran, as an appointed tech partner by Prabowo-Gibran presidential campaign in Indonesia for the election campaign, slated to happen on February 14th, 2024. This collaboration marks the first-ever use of Blockchain and NFT-based gamified Presidential Election Campaign globally, with the youngest-ever vice-presidential candidate in Indonesian history, aimed at engaging Generation Z and showcasing Indonesia’s pioneering role in applying cutting-edge technology. Saakuru App, TomoOne gamification platform, and gas-fee-less Saakuru Blockchain will be used to introduce “Konco Kulo Gibran: THE DUO”,
In the third week of January, the NFT market experienced a dip, with trading volumes falling to $223 million, a 23% decrease from the previous week. Despite the overall downturn, the number of NFT enthusiasts continues to grow, with over 730,000 collectors actively participating, representing a 35% increase in interest. Despite the difficulties encountered by various NFT collections, there is one exception: Donald Trump’s NFTs. The former president’s NFTs are doing well on the Polygon network, where sales increased by over 72% this month. The Trump Digital Trading Card Series 2 saw a 24% increase in price, thanks in part
KT Corporation, South Korea’s telecommunications giant, has decided to close its NFT platform, MINCL, citing changing business conditions as the primary reason. This move is consistent with a larger trend in the region, in which several companies are reconsidering their participation in Web3 projects. MINCL users are urged to transfer their NFTs to alternative e-wallets before the platform is shut down on March 4. MINCL, which launched in April 2022, offered users NFT services such as non-fungible token creation and trading. KT Corporation has yet to provide detailed comments on the closure of MINCL or the specific factors that influenced
In an unexpected move, Twitter, dubbed the “X” of the online world, has disabled support for non-fungible tokens (NFTs) in its premium membership section. Premium subscribers initially had the unique ability to showcase their NFT holdings through personalized profile pictures, adorned with a distinct hexadecimal profile photo. Users could seamlessly feature an NFT as their profile image after establishing a temporary link to their cryptocurrency wallets. When finished, the digital asset would take on a distinct hexagonal shape, serving as a visual reminder of the user’s ownership. However, as of the time of publication, the option to display NFTs had
Logan Paul is stepping up to the plate, pledging over $2.3 million to compensate investors who were let down by his doomed NFT project, CryptoZoo. Paul took to X to announce a buy-back program, admitting the project’s failure and pledging to make things right. Despite admitting that the venture fell short of expectations, Paul blamed CryptoZoo’s demise on “bad actors.” Despite initial excitement and comparisons to popular games, the project was met with harsh criticism for unfulfilled promises and financial setbacks for investors. Taking full responsibility for the outcome, Paul is now on a mission to compensate CryptoZoo’s investors for
An Ethereum wallet allegedly linked to former President Donald Trump has recently come under scrutiny for transferring millions of dollars in crypto, which is thought to be proceeds from the sale of non-fungible tokens (NFTs). These findings were highlighted in a December 27 report by Arkham Intelligence, which raised concerns about the financial activities associated with Trump-themed NFTs. Over the last three weeks, the Ethereum wallet in question transferred 1,075 ETH (around $2.4 million) to the cryptocurrency exchange Coinbase. The wallet’s current value, according to Arkham Intelligence, is $2.22 million, which includes $1.39 million in Ethereum assets and $644,000 in
Nifty Island, Nyft Studio’s open social metaverse game platform, has announced plans to launch its native token, $ISLAND. This scarce digital commodity aims to turn Nifty Island into a public good that can be accessed by communities all over the internet. The token distribution event is set to begin on January 17, 2024. In contrast to traditional methods such as minting or pre-sale, $ISLAND tokens will be distributed via a Play-to-Airdrop (P2A) event, which is intended to increase user engagement and interaction. The entire web3 community will be able to farm $ISLAND tokens, with special consideration given to members of
OKX‘s NFT has outperformed major players such as OpenSea, Blur, and Magic Eden, with a staggering daily trading volume exceeding $50 million. This milestone, reported by DappRadar, occurred around 10:00 a.m. UTC on December 18, demonstrating OKX NFT Marketplace’s market dominance. While the platform’s daily trading volume has decreased slightly to $35 million, it still has a significant lead over other well-known NFT markets. The combined 24-hour trading volume of Blur, Magic Eden, and OpenSea is around $24 million, highlighting OKX NFT Marketplace’s current dominance. The increased trading volume can be attributed to the platform’s introduction of Bitcoin Ordinals trading.
The peer-to-peer trading platform NFT Trader was hacked in a major security breach, resulting in the theft of numerous valuable NFTs, including those from the renowned Bored Ape Yacht Club (BAYC). Following the incident, NFT Trader contacted its user base urgently, urging them to revoke access to two compromised smart contracts to prevent further exploits. In a Twitter post responding to the hack’s aftermath, NFT Trader emphasized the importance of user vigilance in protecting their digital assets. The primary hacker, whose identity has not been revealed, communicated via the blockchain, claiming that the initial goal of the hack was to
San Francisco, California, December 14th, 2023 Round Led By 1kx, With Participation From Maven 11, Mechanism Capital, and Notable Angels nftperp, the first NFT perpetual futures DEX, today announces the close of its Series-A round totaling $3 million. nftperp empowers users with a seamless, efficient and decentralized platform to take long or short positions on the floor of select blue-chip NFT collections. Through its sophisticated, open-source protocol, nftperp blends the reliability of a Decentralized Limit Order Book with the autonomy of an Automated Market Maker. In addition, nftperp is also excited to announce that the launch of its much-anticipated v2
Edmonton, Canada, December 14th, 2023 A fusion of patent-pending geospatial tech with NFTs for next-gen marketing & immersive experiences In an era when Web3 has begun integrating with the real world events, MyGeoTokens redefines the meaning of use case and tangible utility by developing a geospatial NFT marketplace. Bridging patent-pending proof of location technology with existing NFT capabilities, digital marketing and on-location experiences are elevated to increase attention, engagement, and conversion rates. With the upcoming MyGeoTokens marketplace platform, NFTs will be more than just a JPEG; each collection launched with the app can instantly offer in-the-moment redeemable value and practical