Browsing:NFT

the past 2 years have seen the emergence of NFTs and memecoins
1 year ago 2 mins read

The Impact of Memecoins and NFTs on Crypto Cycles: A Look into the Future

The world of cryptocurrency has been known for its volatile nature, with capital flowing from fiat currencies to Bitcoin and other large caps before trickling down to mid and low caps. However, the past two years have seen the emergence of non-fungible tokens (NFTs) and memecoins, which have disrupted the existing patterns in the industry. NFTs, especially Profile Picture NFTs (PFPs), are a hybrid of an identity solution, a club, and a fungible token. The NFT market has different sizes based on market cap, with Bored Ape Yacht Club (BAYC) and Azuki leading the large-cap category. In the mid-cap category,

Ethereum Development Gets $1M Boost from ApeCoin Community
1 year ago 1 min read

ApeCoin Donates $1M to Help Accelerate Ethereum’s Progress

The ApeCoin community has made a significant contribution to the development of Ethereum by donating $1 million to fund public goods and further development work. The proposal, AIP-230, titled “I don’t hate apes, I just want them to fund public goods!” was passed by the community after a vote. The donation aims to give back to the Ethereum community, promote development work around account abstraction, and introduce developers to ApeCoin. The ApeCoin community plans to donate $300,000 to ETHGlobal and allocate $700,000 to fund 11 ApeCoin hackathons and at least five public good initiatives. The community will select the judges

Trump NFTs to Be Released Soon
1 year ago 1 min read

New Trump NFTs Set to Launch Soon

Former US President Donald Trump has announced the launch of the Series 2 of his Non-Fungible Token (NFT) collection on the Polygon network. According to Trump’s post on his social media platform, Truth Social, the new collection consists of 47,000 tokens, which is 2,000 more than his first collection. The price of $99 per token remains unchanged. Despite rising market demand, Trump chose not to increase the selling price of the new NFT collection, explaining on social media that he wanted his supporters to “have fun doing it” and make money. The announcement of the new collection, however, caused a

Unchained Secures $60M Investment to Revolutionize Collaborative Custody for Bitcoin
1 year ago 1 min read

Unchained Secures $60M in Funding to Expand Collaborative Custody Bitcoin Services

Unchained Capital has secured $60 million in a Series B funding round led by Valor Equity Partners, despite the bear market grind. The financial services provider for Bitcoin holders offers a more secure way to hold fees than storing crypto on centralized exchanges or single-key solutions. Unchained’s custody model leverages the Bitcoin network’s native multi-signature capabilities, with clients sharing control of their Bitcoin between private keys they hold and private keys held by Unchained or other financial services companies. The multi-sig process eliminates single points of failure and mitigates counterparty risk by sharing it between multiple parties, radically reducing risk

Binance has teamed up with the Brazilian Football Confederation (CBF) to launch the first-ever NFT of Brasileirão Assaí.
1 year ago 1 min read

Binance and Brazilian Football Confederation (CBF) Launch NFT for Fans to Connect with Clubs and Learn About Crypto

Binance, the world’s leading cryptocurrency exchange platform, has teamed up with the Brazilian Football Confederation (CBF) to launch the first-ever NFT of Brasileirão Assaí. The partnership aims to offer Brazilian football fans a chance to connect with their favorite clubs while learning about crypto and blockchain technology. Through the NFT Season Pass initiative, fans can claim a free serial code by registering at the Brasileirão Assaí website starting Friday, 14 April 2023. Interested fans must complete a KYC process on Binance after accessing the Binance NFT landing page to unlock the NFT. The NFT project is targeted at enhancing match

Sotheby's Brings Back Digital Art Sale After Diversity Concerns
1 year ago 1 min read

Sotheby’s Revives Digital Art Sale After Facing Criticism Over Representation

Sotheby’s has announced the relaunch of its “Glitch: Beyond Binary” art sale, featuring 34 lots of non-fungible tokens (NFT) from artists in the “glitch art” movement. The sale comes as a reboot of last month’s “Glitch-ism” auction, which faced criticism for its lack of female artist representation. Bidding for “Glitch: Beyond Binary” will open on April 19 and will feature artists from diverse backgrounds and identities, including those of different gender expressions, sexual orientations, races, ethnicities, and neuro-types. Sotheby’s has enlisted Dina Chang and Dawnia Darkstone to co-curate the sale, ensuring greater representation and diversity in the artwork showcased. Glitch

Mastercard adds NFTs to its offerings with free music pass NFTs for users
1 year ago 1 min read

Mastercard releases free music pass NFTs with exclusive benefits for holders

Mastercard, a payments processing firm, has introduced a Music Pass NFT drop, which is available for free until the end of April. The digital collectible is part of the Mastercard Artist Accelerator program, which was launched in January. The Music Pass NFT provides collectors with numerous benefits, such as an AI-powered music generator app, educational resources, and access to a live concert in June featuring artists in the company’s accelerator program. The Music Pass NFT is being launched on Polygon, which is an Ethereum scaling network that has been adopted by various brands such as Starbucks, Nike, and Reddit for

The Future of Gaming: $MBLK IDO Launches This Week
1 year ago 2 mins read

The Future of Gaming: $MBLK IDO Launches This Week

Dubai, United Arab Emirates, April 12th, 2023 ZOGI Labs, the innovative blockchain company and gaming studio behind the phenomenal MMORPG Legends of Bezogia, is excited to announce that the Magical Blocks ($MBLK) Initial DEX Offering (IDO) is only 2 days away, starting at 5pm UTC on April 14th. With the highly demanded whitelisting phase now closed, it’s time to prepare for the main event – the public sale that will allow investors to be among the first to own a piece of gaming history. This is the chance to be part of a revolutionary gaming experience that has already attracted attention from industry

Lost Worlds to Host Immersive NFT Experience for NFT.NYC Event
1 year ago 3 mins read

Lost Worlds to Host Immersive NFT Experience for NFT.NYC Event

New York, United States, April 11th, 2023 Location-based NFT platform, Lost Worlds, has announced LOST.NYC, an immersive experience taking place in New York from April 11-14. The unique event will be held during NFT.NYC, is the preeminent conference for the NFT community. LOST.NYC has been conceived as an experience that allows NFTs to transcend their digital boundaries and take root within the city that never sleeps. NFTs have traditionally been constrained as a desktop experience, with little scope for exploring their utility within the real world. Lost Worlds is attempting to bring Pokemon-Go like experience to NFTs with location based nft

NFT and Traditional Artists Descend on New York for Babylon Art Exhibition
1 year ago 3 mins read

NFT and Traditional Artists Descend on New York for Babylon Art Exhibition

New York, US, April 10th, 2023 Babylon x NYC, an exhibition of more than 100 physical and digital artworks, will take place in New York City on April 12-13, 2023. The exhibition, set up by Babylon — a Web3 gallery specializing in primary sales of NFT editions — will showcase works by the project’s 30 Founding Artists, well-known for their impact on the NFT art space. Also featuring, as highlights exclusive to the exhibition, are works by prominent Armenian artist Tigran Tsitoghdzyan, whose debut drop on Ethereum will be hosted on Babylon, and — for the first time on public display — the

Adidas has introduced the last stage of its Into The Metaverse project
1 year ago 1 min read

Adidas doubles down on NFTs despite the market downturn

Adidas has introduced the last stage of its “Into The Metaverse” project, which brings forth its “ALTS” NFTs. While some companies have distanced themselves from NFTs since the peak of the crypto market in 2021, Adidas continues to delve into this trend. Chapter 1 of this launch was released in April 2023, and the following months will bring more functionality and enhanced holder benefits. With the ALTS NFT, users can start Phase 3, which enables them to burn Phase 1 and 2 tokens of ITM. The NFT has a dynamic user identification (PFP), which changes over time due to an

Polygon (MATIC) is gaining traction in the gaming industry
1 year ago 1 min read

Polygon’s MATIC Rides High with Increased Activity, Becomes Second-Biggest Gaming Blockchain

Polygon (MATIC) is gaining traction in the gaming industry with a surge in daily unique active wallets (dUAW) last month. According to DappRadar, the layer-2 scaling solution recorded 138,081 dUAWs in March, a 53% increase from the previous month. This growth has pushed Polygon to become the second-largest gaming blockchain, trailing only Wax Blockchain (WAXP), which has over 314,976 daily unique active wallets. Despite the decrease in on-chain gaming activity by 3.33% in March, games still make up a significant part of DApp activities, accounting for 45.6% of the industry’s activity in Q1 2023. Boomland’s Hunters On-Chain, which launched on

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