Find regular updates on NFT- the most trending sector of recent times without missing out on key developments and the latest happenings.
Last week, the NFT firm Recur announced that its Web3 platform is shutting down, having succumbed to the crypto winter despite hosting the IP of numerous major names, like Hello Kitty and Nickelodeon. Recur said in a blog post that it would be gradually removing essential functionalities from its platform
Bored Ape Yacht Club (BAYC) NFT collection developers Yuga Labs announced their intention to end their partnership with OpenSea. This is in reaction to the platform’s anticipated move toward a discretionary royalties structure. Royalties will no longer be required for new collections after August 31, 2023. This is under a
Coinbase’s recent launch of the Layer-2 platform Base has triggered a wave of digital innovation, with notable companies like Coca-Cola joining the trend. The American multinational behemoth has entered the non-fungible token (NFT) arena with its ‘Masterpiece’ collection on August 13. This eight-NFT collection features a blend of traditional masterpieces
The FBI has published a PSA alerting consumers against non-fungible token (NFT) scams in which fraudsters pretend to be the creators of well-known projects. It was noted that the criminals hijack the accounts of NFT developers and undergo digital theft activities by draining the victim’s wallet. Also, an alert number
Sorare, a Web3 fantasy-sports firm, now accepts fiat payments for its digital trade cards instead of requiring customers to only purchase in ETH. Managers (participants) in the Sorare blockchain-based game may acquire and transfer non-fungible tokens (NFTs) representing professional athletes to form teams for tournament participation. The platform has licensing
Ducati, a manufacturer of high-end motorcycles based in Italy, teamed up with XRP Ledger to join the Web3 market. The primary objective is to provide the company’s first digital collectible, a video montage of all the Ducati emblems that have appeared on the tanks of motorcycles made in Borgo Panigale
With over 18 million Polygon-based Collectible Avatars created over the last year, Reddit has swiftly become one of the largest brands related to NFTs, and it has now released another intriguing collection. The fourth generation of Reddit’s Collectible Avatars, dubbed “Retro Reimagined,” debuted today. It features hundreds of artists’ takes
As the popularity of non-fungible tokens (NFTs) continues to rise, the social engagement surrounding these digital assets has become a key indicator of their success. Lunar Crush ,a leading social analytics platform, has provided insights into the top NFT projects based on social mentions and activity. This article explores the
Christie’s, the 256-year-old auction house, is collaborating with the high-end fashion label Gucci to launch a collection of non-fungible tokens (NFTs). The collection, dubbed “Future Frequencies: Explorations in Generative Art and Fashion,” includes 21 NFTs. These are made by artists including Claire Silver (AI), Emily Xie (generative art), Botto (decentralized
In a significant policy shift, Google Play has opened its doors to non-fungible tokens (NFTs) and other digital assets, providing developers with the opportunity to integrate these unique tokens into their apps and games. This decision marks a pivotal moment for the NFT space. It unlocks a world of creative
