Browsing:NFT

Adidas remains committed to the metaverse, launching NFTs as others exit
5 days ago 1 min read

Adidas remains committed to the metaverse, launching NFTs as others exit

Amidst the waning enthusiasm for NFTs and the metaverse, many firms have chosen to withdraw, with prominent individuals either leaving or redirecting their attention elsewhere. However, Adidas has chosen to stay. The compay has collaborated with the STEPN program, which allows users to earn rewards by being physically active, to introduce 1,000 non-fungible tokens (NFTs) that symbolize Adidas footwear on the Solana blockchain. The digital assets necessary for STEPN’s activities that allow users to earn rewards were first introduced at 10,000 GMT. Their approximate value in USD, based on current exchange rates, is $2,400. Evgeniy Medvedev, who formerly worked at

GoMining is pleased to announce the introduction of an updated community-driven in-platform voting system.
1 month ago 2 mins read

GoMining to Introduce Updated In-Platform Voting Mechanics

Road Town, Tortola, British Virgin Islands, March 27th, 2024 GoMining, a world-leading firm widely recognized for its groundbreaking concept of seamlessly mining Bitcoin via the ownership of NFTs backed by computing power, is pleased to announce the introduction of an updated community-driven in-platform voting system. From now on, every community member will have the opportunity to influence platform development by submitting ideas and participating in a decentralized voting process to determine the most desired features to be added to the GoMining roadmap. The voting process will occur bi-weekly, allowing every veGOMINING token holder to contribute to the platform’s development by

Funtico Launches Exclusive Whitelist for Summoners NFT Sale
2 months ago 5 mins read

Funtico Launches Exclusive Whitelist for Summoners NFT Sale

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.

Saakuru Labs Empowers Prabowo-Gibran Presidential Campaign with Blockchain and NFT Technologies
3 months ago 3 mins read

Saakuru Labs Empowers Prabowo-Gibran Presidential Campaign with Blockchain and NFT Technologies

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”,

Donald Trump's NFTs Surge Amidst NFT Market Dip in January
3 months ago 1 min read

Donald Trump’s NFTs Surge Amidst NFT Market Dip in January

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

NFT platform MINCL
3 months ago 1 min read

South Korea’s KT Corp shuts down NFT platform MINCL

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

X (Twitter) Deactivates NFT Profile Images Feature for Users
4 months ago 1 min read

X (Twitter) Deactivates NFT Profile Images Feature for Users

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 Keeps Pledges $2.3M for CryptoZoo NFT Refunds Amid Lawsuit Drama
4 months ago 1 min read

Logan Paul pledges $2.3 million to refund CryptoZoo NFT investors

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

Ethereum Wallet Linked to Trump's NFTs Reportedly Moves $2.4M Worth Of ETH
4 months ago 1 min read

Ethereum Wallet Linked to Trump’s NFTs Reportedly Moves $2.4M Worth Of ETH

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
4 months ago 1 min read

Nifty Island Launches $ISLAND Token for Public Access to Social Metaverse Game

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
4 months ago 1 min read

OKX NFT Marketplace Surpasses $50M Daily Trading Volume

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
4 months ago 1 min read

Massive NFT Heist: NFT Trader Platform Hacked, Millions Worth of NFTs Stolen

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