NFT - Optimisus

1 year ago 2 mins read

Fasttoken holds the public sale of its cryptocurrency, FTN

Tortola, British Virgin Islands, 18th January, 2023 Fasttoken (FTN) is excited to announce its initial exchange offering (IEO), set to take place from Jan. 18 to 20, 2023. A limited number of 10 million tokens will be available for public sale, with a price of 0.35 euro per token. Fasttoken is the official cryptocurrency of Fastex, a complete Web3-driven ecosystem that includes Fastex Chain, Fasttoken, ftNFT marketplace, Fastex Pay and the ecosystem’s metaverse, Fastex Verse. The Fastex ecosystem is designed to provide a seamless and integrated experience for users, allowing them to engage easily with the various features and services offered within

Digital Fashion Innovator Syky Raises $9.5 Million in Series A Funding Led by Seven Seven Six

1 year ago 1 min read

Digital Fashion Brand Syky Secures $9.5 Million in Series A Funding Led by Seven Seven Six

Digital fashion brand Syky has raised $9.5 million in a Series A funding round led by Seven Seven Six. The round also saw participation from Brevan Howard Digital, Leadout Capital, First Light Capital Group, and Polygon Ventures. Syky, led by former Ralph Lauren Chief Digital Officer Alice Delahunt, aims to build a blockchain-enabled luxury platform that will equalize creative opportunities for aspiring designers and showcase the best of fashion from emerging and established brands. Delahunt, who has also served as a global director of digital and social at Burberry, said the company plans to cultivate a community passionate about the

1 year ago 1 min read

South Korean Court Rules NFT Game Items Unfit for Trading

On Friday, a court in South Korea ruled against the release of a blockchain-based play-to-earn (P2E) game called Five Stars. The Seoul Administrative Court dismissed the developer’s appeal against the Game Rating Administration Committee’s decision not to process the age rating for the game. At the heart of the issue is the use of non-fungible tokens (NFTs). The court ruled that NFTs are not game items if they are traded on exchanges, as is the case with Five Stars. NFTs minted in-game can be used to purchase items and characters, and can be sold on exchanges. As such, the court

How can NFT change the traditional world?

1 year ago 2 mins read

The Game-Changing Potential of NFTs in Traditional Markets

Non-fungible tokens (NFTs) are digital assets that are unique and cannot be replicated or replaced. They have been gaining a lot of attention in recent times, and it’s no surprise that they have the potential to disrupt traditional industries. In this article, we will explore how NFTs can change the traditional world. One of the most significant impacts of NFTs is in the art industry. NFTs can be used to represent ownership of digital artworks, which can be bought, sold, and traded just like traditional art pieces. This opens up new opportunities for artists and collectors, as it eliminates the

Yuga Labs introduces ‘Dookey Dash’ to make NFT minting more engaging

1 year ago 1 min read

Yuga Labs turns NFT minting into a game with ‘Dookey Dash’

Yuga Labs, the creator of the popular Bored Ape Yacht Club NFT collection, has announced plans to gamify the process of minting NFTs. The startup has created an online game called “Dookey Dash,” in which players navigate a sewer to claim rewards in the form of NFTs. The game will be available starting Jan. 17 and players will have until Feb. 8 to record a high score and claim power sources, the purpose of which remains unclear. The prizes will “evolve throughout 2023,” according to Yuga Labs’ website. To play the game, players must claim a free “Sewer Pass,” which

1 year ago 1 min read

Yuga Labs’ Lawsuit Against Bored Ape Could Have Far-Reaching Implications

A federal judge has ruled that the co-founders of Yuga Labs, the company behind the popular Bored Ape Yacht Club NFT collection, must face deposition in the company’s ongoing trademark infringement lawsuit against conceptual artist Ryder Ripps. This ruling comes as a continuation of a legal battle between Yuga Labs and Ripps which began in early 2022, when Ripps alleged that the Bored Ape Yacht Club NFTs contained latent, intentional racist and pro-Nazi imagery. In May, Ripps then sold a copycat collection of 10,000 Bored Ape NFTs, stating that the collection highlighted Yuga’s supposed Nazi ties and raising legal questions

Rolls-Royce Motor Cars has collaborated with Sacha Jafri, to release six hand-painted vehicles with their NFTs

1 year ago 1 min read

Rolls Royce collaborates with artist to unveil ‘Six Elements’ NFT series

Rolls-Royce Motor Cars has collaborated with renowned artist Sacha Jafri to produce a series of six unique hand-painted Phantom Extended Series II cars, named “The Six Elements.” These cars draw inspiration from Jafri’s “Journey of Humanity” painting, embodying the emotion of each elemental force. The collaboration also includes an NFT (non-fungible token) initiative, “Rolls-Royce That Keeps on Giving,” where each car is associated with a unique NFT featuring flythrough animations. Through this initiative, the companies aim to raise $1 million for charity organizations that focus on education, health, and sustainability, with 20% of royalties from every NFT sold being donated

1 year ago 1 min read

OpenSea expands platform capabilities with Arbitrum Nova integration

OpenSea NFT marketplace has implemented Arbitrum Nova, a Layer 2 blockchain designed to provide low-cost data availability. Through this integration, OpenSea customers will now have an economical way to purchase and sell digital collectibles compared to transactions on Ethereum. This integration follows OpenSea’s implementation of Arbitrum, another scaling network developed by Offchain Labs, in September of 2022. All collections on the Arbitrum Nova blockchain will be organized with the other Arbitrum collections on the OpenSea website. OpenSea may not be the first NFT marketplace to use Nova, which is also utilized by smaller competitors like Trove by TreasureDAO, Babylons, and

Mutant Ape Planet creator accused of $2.9M NFT fraud, arrested in New York

1 year ago 1 min read

Creator of Mutant Ape Planet arrested for alleged $2.9M NFT fraud in New York

The developer of a knock-off NFT collection called Mutant Ape Planet has been arrested in New York and charged with defrauding investors of $2.9 million in a “rug pull scheme.” The developer, French national Aurelien Michel, is accused of making false representations about the collection and using the funds for personal gain. Michel allegedly admitted to the community via social media that he had perpetrated a rug pull, saying “we never intended to rug but the community went way too toxic.” The collection, which is a knock-off of the popular Mutant Ape Yacht Club NFT collection, has had 567 Ether

56 million shares of Robinhood, worth around $465 million owned by SBF

1 year ago 1 min read

US Government to Confiscate $465M in Robinhood Shares Tied to SBF

The US government is reportedly in the process of seizing or has already seized 56 million shares of Robinhood, worth around $465 million, owned by Sam Bankman-Fried, the former CEO of FTX. The seizure is part of the legal case against Bankman-Fried, who faces charges including wire fraud and money laundering. Bankman-Fried purchased a 7.6% stake in Robinhood in May 2021, with 90% of the 56 million shares being owned by him and the remaining 10% by FTX co-founder Zixiao (Gary) Wang. The shares were later used as collateral for a loan from cryptocurrency lender BlockFi and became the subject

NFT influencer suffers significant losses due to cyberattack, loses over $300,000 in CryptoPunks

1 year ago 1 min read

NFT influencer loses over $300,000 worth of CryptoPunks in cyberattack

NFT influencer CryptoNovo announced on January 4 that he had fallen victim to a cyberattack, resulting in the loss of two CryptoPunks and other NFTs including Meebits, CloneX, Mutant Ape Yacht Club, and Bored Ape Yacht Club. The two CryptoPunks were quickly sold by the attacker, one for 70 Ether (worth $88,434 at the time of publication) and the other for 199 ETH (worth $251,404), resulting in losses of over $300,000 for CryptoNovo. CryptoPunk #3706, which is associated with the influencer, was also transferred to a different address and sold for 75 ETH (worth $94,751), although it is not clear

SideKick Finance has launched JumpStart, a decentralized NFT

1 year ago 1 min read

SideKick Finance launches decentralized NFT crowdfunding platform

Decentralized finance (DeFi) platform SideKick Finance has launched JumpStart, a decentralized non-fungible token (NFT) crowdfunding platform. JumpStart is deployed across multiple Ethereum Virtual Machine networks and aims to provide a scalable and interoperable crowdfunding platform for use cases including gaming, music, art and charity. The platform uses NFTs and smart contracts to allow creators to crowdfund projects securely, transparently and decentralized, while also offering contributors the ability to verify and trace each step of the process. Contributors can also receive rare NFTs as rewards and be part of the creator’s community, while creators can collect royalties. JumpStart is intended to