Metacade’s Community-Driven GameFi Platform Raises Over $10M in Presale

3 mins read

London, United Kingdom, 14th March, 2023 Play-to-earn favorite Metacade continues to draw investor attention after raising more than $10m, as it now enters the penultimate stage of the presale. With confirmed listings on Bitmart and Uniswap due after the presale ends on the 30th of March, there are only 16 days left before the token goes public. MCADE is available to buy on the official Metacade website. Russell Bennet, CEO of Metacade, said

Meta to Abandon NFTs on Facebook and Instagram, Prioritize Different Services

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Meta Platforms, the parent company of Facebook and Instagram, announced that it will wind down its non-fungible token (NFT) operations on both social media services. This move is part of the company’s plan to pull back from Web 3.0 technologies and focus on other ways to expand support for creators and businesses. According to Stephane Kasriel, Meta’s head of commerce and financial technologies, the company will shift investments from NFTs

BinaryX Releases Trailer and Opens Beta Test For Futuristic Space Game Project Matthew

3 mins read

Singapore, Singapore, 13th March, 2023 BinaryX announced today the upcoming release of a space-building simulation game, Project Matthew. The team just released the trailer video which gives a first look at the game, and is also opening registration for their Closed Beta Test happening soon.  Introducing Project Matthew: The Exciting New Space-Building GameProject Matthew is an upcoming space-building simulation game developed and published by developer BinaryX. The game takes place in

Bloxmith Launches Raiders Rumble, A Mobile Strategy Game for Both Web2 and Web3 Gamers, on the Flow Blockchain

2 mins read

Taipei, Taiwan, 13th March, 2023, Chainwire Bloxmith, the player-first Web3 gaming studio, today announced that the open beta for Raiders Rumble, its unique 1v1 squad battler game for mobile powered by the Flow blockchain, is now available for download on Google Play and Apple App Store.  Raiders Rumble challenges players to apply fast-paced strategic decision making in countering the moves of their opponents. Built as a strategic esports game for the masses, it features

German Regulator BaFin Advocates Customized Strategy for NFTs

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The Federal Financial Supervisory Authority of Germany (BaFin) recently published an explanatory note addressing the legal classification of nonfungible tokens (NFTs). The note revealed that BaFin is not prepared to categorize NFTs as securities, and instead suggests that NFTs should be classified on a case-by-case basis. BaFin has stated that, at present, it doesn’t see how NFTs meet the criteria to be classified as securities. However, the regulatory authority has

FTX’s Alameda Research Sells Sequoia Capital Interest for $45M to Abu Dhabi Sovereign Wealth Fund

1 min read

FTX’s investment arm, Alameda Research, has agreed to sell its interest in Sequoia Capital to Abu Dhabi sovereign wealth fund Al Nawwar Investments RSC Limited in a $45 million cash deal, according to court documents filed on Wednesday. The deal is subject to approval by Delaware bankruptcy judge John Dorsey and is part of FTX’s efforts to sell its investments in early-stage crypto and tech ventures to repay creditors. FTX

Cardano’s Founder Hails NFTs as the ‘Energetic Heart’ of ADA Ecosystem

1 min read

Despite recent fluctuations in the cryptocurrency market, Cardano (ADA) founder Charles Hoskinson remains positive about the progress of his ecosystem, particularly in regards to non-fungible tokens (NFTs) issued on Cardano. In a recent podcast, Hoskinson stated that NFTs were “the most vibrant part of Cardano at the moment,” with 8 million assets already issued and more than half of the projects in some way NFT-related. Among the top Cardano projects

Snoop Dogg is Now a Co-Founder of Web3 Live-Streaming App

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Snoop Dogg’s Web3 partnership has been making waves in the creator economy movement, and the latest venture is no exception. The rap star has been revealed as a co-founder of the Web3-powered live streaming app, Shiller, which is set to launch in April. Shiller is a live broadcast platform that combines Web3 technology with real-time live-streaming content. Along with technology entrepreneur Sam Jones, Snoop Dogg plans to revolutionize the way

Web City Club Launches PFP NFTs and Upcoming NFT Game

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Kowloon, Hongkong, 2nd March, 2023 Web City Club, a leading NFT collection, is excited to announce the launch of their PFP (Profile Picture) NFTs, which will run on the Polygon network. The NFT collection features an NFT lottery game, with 10,000 PFP NFTs representing cartoon-style 2D digital Pet 3piders in Web3. These ERC-721 tokens, registered on the Polygon blockchain, will be associated with future perks for their owners. Playing the

HyperPlay Launches Alpha Version with Built-In Web3 Wallet for Gamers

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HyperPlay, a new Web3-native game launcher with a built-in crypto wallet, has announced its early access launch. The online game launcher was built in collaboration with crypto wallet provider MetaMask and aims to integrate players’ crypto wallets with game libraries such as Epic Games Store, GOG, and its own HyperPlay Store. Founded by former MetaMask operations lead JacobC.eth, HyperPlay does not charge developers any commissions and instead plans to rely

Binance’s AI NFT Generator Sells Out 10K Mints in 2.5 Hours

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Binance has launched an artificial intelligence-powered non-fungible token (NFT) generator that has already made waves in the digital art world. Known as “Bicasso,” the AI-powered image-generation tool reached its cap of 10,000 NFT mints in just 2.5 hours after launching in beta on March 1st. Bicasso allows users to upload an image or type in creative prompts to generate a bespoke image created with AI. Similar to other AI-art platforms

Yuga Labs Launches TwelveFold: A New NFT Collection for Bitcoin Enthusiasts

1 min read

Yuga Labs is once again shaking up the world of NFTs, this time by introducing a new Bitcoin Ordinals collection called TwelveFold on February 28. With a limited edition of only 300 generative pieces, each piece will be inscribed on satoshis, the smallest unit of Bitcoin. The new collection is set to be released via auction, with the bidding token being Bitcoin. Interested buyers will be notified 24 hours in