Browsing:NFT

LG Electronics launches NFT platform with Hedera
2 years ago 1 min read

LG Electronics launches NFT platform with Hedera

The Hedera blockchain assisted LG Electronics, a television business with headquarters in Seoul, in the launch of a new NFT platform. The platform of the business is known as LG Art Lab. According to a statement, it will allow to buy, sell, and exhibit digital art in the form of NFTs on their televisions. LG is not the first significant business to notice an opportunity in the NFT market. In June, the Swiss watchmaker Tag Heuer unveiled a new technology that allowed users to show NFTs on the face of specific smartwatches. LG Art Lab is accessible in the US

Sudoswap, a decentralized NFT marketplace, has announced an Ethereum Token airdrop
2 years ago 1 min read

Sudoswap, a decentralized NFT marketplace, has announced an Ethereum Token airdrop

Sudoswap has just announced the launch of SUDO, a native governance token with the majority reserved for holders of XMON tokens. The decentralized NFT marketplace announced that a total of 60 million Ethereum-based SUDO tokens would be distributed to project participants. Those who also own XMON, the utility token that powers the popular NFT project 0xmons, will receive the lion’s share (41.9%) of the SUDO drop through a lockdrop event. GAN-generated 0xmon NFT holders will also receive 1.5% of the SUDO supply. According to the post, “XMON holders will be able to lock their XMON as an indication of their

OpenSea chooses Ethereum Proof-of-Stake (PoS) following Merge
2 years ago 2 mins read

OpenSea chooses Ethereum Proof-of-Stake (PoS) following Merge

Although the NFT marketplace giant will not support Ethereum forks, OpenSea competitors may. Once the network’s highly anticipated upgrade—the Merge—is completed, OpenSea will support the proof-of-stake Ethereum chain. The Ethereum Merge will convert the blockchain’s current proof-of-work consensus to a more environmentally friendly, 99.9% more energy-efficient version. The event, which is expected to take place on or around September 15, has prompted many crypto platforms to prepare for the change. OpenSea said in a Twitter thread on Thursday, “First, and most importantly, we are committed to solely supporting NFTs on the upgraded Ethereum PoS chain.” It also mentioned potential Ethereum

Digital Agency YML Launches FIREWATCH NFT Project to Restore California Forests
2 years ago 3 mins read

Digital Agency YML Launches FIREWATCH NFT Project to Restore California Forests

REDWOOD CITY, Calif., Aug. 31, 2022 /PRNewswire/ — YML, a Silicon Valley-based, award-winning digital agency responsible for building some of the most revolutionary digital creations for trailblazing Fortune 500 companies and hyper-growth startups, today announces the launch of FIREWATCH, a first-of-its-kind NFT project designed to prevent wildfires and promote reforestation in California. Marking a key moment in the next wave of sustainable Web3, FIREWATCH will allow consumers to “break new ground” by purchasing a carbon-neutral pop art NFT cross-section footprint of the California landscape. All proceeds will support wildfire prevention and conservation through One Tree Planted, a non-profit organization dedicated

Moonbird NFT
2 years ago 1 min read

Moonbirds NFT plans raises $50M in Series A funding to keep NFT artwork “in chain”

The venture capital firm Andreessen Horowitz (a16z), along with Seven Seven Six, True Ventures, Collab+Currency, Flamingo DAO, SV Angel, and VaynerFund, recently led a $50 million Series A fundraising round for PROOF. PROOF, the private community that developed the Moonbirds NFT collection, announced that it is transferring its blue-chip collection totally “in chain,” allowing photos to be entirely held within the underlying smart contract. On August 30, Harri Thomas, director of products at PROOF, gave a community live webcast titled “Future PROOF,” in which he said: “We’ve talked about putting the birds ‘on chain’, so what I’m here to tell

2 years ago 1 min read

Luxury brand Hermès ventures into the metaverse with crypto and NFT trademark filing

The introduction of non-fungible tokens (NFTs) and metaverse concepts has provided an opportunity for global brands to experiment with new ways of connecting with customers. Hermès, a luxury brand, is preparing to enter the metaverse space through trademark filings. Hermès, in particular, sought to expand into NFTs and virtual currency, crypto and NFT trading, virtual goods marketplaces, clothing, footwear, and fashion shows. The filing with the United States Patent and Trademark Office (USPTO) on August 26 was revealed in a tweet on August 31 by licensed trademark attorney Michael Kondoudis. In addition, if the trademark filings are approved, Hermès will

Polygon's Seaport platform provides feature-reach
2 years ago 1 min read

Polygon’s Seaport platform provides feature-reach

According to a recent announcement, the transition from OpenSea to Polygon’s Seaport brings a slew of “cool new features.” Polygon launched Seaport in June, a brand new, open-source Web3 marketplace protocol that allows for the safe and efficient purchase and sale of NFTs. The Web3 community, which was initially launched on Ethereum, has aided by providing a more feature-rich experience at a noticeably lower cost. The first feature enabled by the shift is the removal of purchase thresholds. Users can now list and buy Polygon NFTs at any price, as the $5 minimum has been reduced thanks to Seaport. The

Formula 1 or F1 joined metaverse and NFT space
2 years ago 2 mins read

Formula 1 joins metaverse with two trademark filings for Las Vegas circuit

With trademark registrations made in advance of the Las Vegas Grand Prix scheduled for November 2023, Formula One (F1) has gained ground in the non-fungible tokens (NFTs) and metaverse space. In fact, on August 23 the organization published 2 trademark applications to the USPTO for the circuit. The filing, which will include NFTs, cryptocurrencies, insurance, and financial services, virtual clothes and sports equipment, currency trading, and virtual currency services, among others, was revealed by registered trademark attorney Michael Kondoudis in a tweet. It is crucial to note that Formula One’s involvement in the NFT space is indicated by the trademark

The Leading Alternative Investment Management Summit – Dubai Edition 2022
2 years ago 1 min read

The Leading Alternative Investment Management Summit – Dubai Edition 2022

The 13th Edition of The Leading Alternative Investment Management Summit taking place in Dubai on 21 & 22 November will focus on the central theme of navigating through the current global economy – inflation, stagflation and recession, and will gather this year, the world’s leading economists, market movers and investment experts to share their insights, opportunities and strategies speculating on the current and future market conditions. AIM Summit Dubai Edition presents an unrivaled opportunity for discussions on investment developments, global market conditions, latest trends and best practices. Conference topics include private equity, hedge funds, digital assets, venture capital, fintech, emerging

BarrelDAO NFT collection
2 years ago 1 min read

Beer NFT collection is sold out via BarrelDAO

On Friday, BarrelDAO released a collection of non-fungible tokens (NFTs) that could be redeemed for a special beer with a Solana theme, but it has already sold out. The price per NFT for the 333 was 1.35 SOL, or roughly $45. Each one looks like a receipt for a 16-pack of Solana Summer Shandy. With a base price of 2.49 SOL ($79.61), however, 17 are presently available on Magic Eden. Additionally, the team said that each NFT can be redeemed for the beer, which is not an official Solana Labs product starting on Monday. The company claimed that 20 members

300,000 People Are Waiting for The GodMusician NFT
2 years ago 3 mins read

300,000 People Are Waiting for The GodMusician NFT

GodMusician (G.O.M), the largest music NFT DeFi community in the world, started an airdrop event in July as a first step of the project. At the same time more than 300,000 users flocked to the official community. As an NFT DeFi community, G.O.M is doing its best to help musicians to claim their rights by combining the blockchain operation method with the previous music market. The new pre-sale model upgrades the auction system, giving investors the right to decide the price of GMiner NFT. G.O.M will do its best to make a new decentralized economic model for music finance and

TenUp introduces Ludo NFT — A vintage game with blockchain integration
2 years ago 3 mins read

TenUp introduces Ludo NFT — A vintage game with blockchain integration

We are beyond excited about what TenUp Ludo NFT version 1.1 portends for the future of blockchain gaming. TenUp hopes to reach a larger audience and increase user impact by releasing version 1.1. Playable at Ludo NFT right now is TenUp Ludo NFT version 1.1, a digital recreation of the layout and gameplay of the renowned arcade game. Each player must have 10 TenUp smart coins in their MetaMask wallet in order to participate with other players. TenUp smart coins must be given to the winner by the loser as compensation. This product includes cooperative gameplay for up to four

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