Fri, April 19

Positive Spike Expected in NFT Marketplace Till 2030

A report on the Non-Fungible Token (NFT) market by Grand View Research, estimates the market growth would be more than $210 billion by the end of 2030. The current market price value is $ 20.44 billion. The research was carried out with historic data from the period of 2018 to

July 26, 2022 2 mins read

Yuga Labs Might Soon Face Lawsuit Over ApeCoin and BAYC NFTs

A federal court lawsuit has not yet been filed on behalf of the plaintiffs in this case. So far, the SEC has refrained from categorically classifying any NFT as security. One of the most well-known NFT collections, Bored Ape Yacht Club (BAYC), created by Yuga Labs (a $4 billion corporation),

July 25, 2022 2 mins read

Tech Giant Tencent Reportedly Shutting Down ‘Huanhe’ NFT Platform

The platform’s commercial potential is reported to have been harmed by prohibitions. It was built by Tencent’s Platform and Content Group (PCG). According to a report by Chinese news agency Jiemian, cited by the South China Morning Post, Shenzhen-based technology company Tencent is ready to shut down its NFT platform

July 23, 2022 2 mins read

Ukraine Museum Raises $1 Million from NFT to Shield Army

The 3rd part of NFTs includes events that happen on March 15 – 31. The last drop of NFTs is to restore the Ukraine Cultural Institutions. The first NFTs battle museum in Ukraine collected more than $1 million for the armed forces. With this money, Ukraine has already purchased weapons

July 23, 2022 2 mins read

Uniswap Announces Integration of NFT Focused DEX, Sudoswap

In June, the protocol announced that it has acquired Genie. Sudoswap allows users to purchase or sell NFTs in a decentralized way. An NFT-focused decentralized exchange (DEX), Sudoswap is now being integrated into the largest crypto DEX Uniswap. It was announced today that Uniswap would be introducing NFTs “with full

July 23, 2022 2 mins read

Solana NFT Underperforms on OpenSea’s New Launchpad

Zoonies is an alien-themed NFT collection existing on Solana. Even after a day, this Solana NFT has not attained the “sold out” phase. OpenSea has brought out a new launchpad capability for creating new Solana NFT projects in an apparent effort to match Magic Eden’s feature set. The major NFT

July 22, 2022 2 mins read

 Tim Sweeny’s Epic Games Won’t Ban NFTS

NFTs will be allowed in the Epic Game store. By the end of 2021,Epic Games store had over 194 million users. Tim Sweeney, the founder, and CEO of Epic Games asserts that his company certainly won’t follow Minecraft’s creators in outlawing Non-Fungible Tokens (NFT). On July 21, Tim Sweeney posted

July 22, 2022 2 mins read

Microsoft’s Minecraft and Mojang Studio Rules Out NFT

Microsoft-owned Minecraft video game banned non-fungible tokens (NFT) from its game. On Wednesday, Mojang Studios, the developer of Minecraft, said it would avoid the integration of non-fungible tokens, or NFTs with blockchain technology altogether. Mojang stated : To ensure that Minecraft players have a safe and inclusive experience, blockchain technologies

July 21, 2022 2 mins read

Cadbury Gems Announces NFT Collection Launch For Good Cause

Through their new campaign, Cadbury Gems entered the realm of Non-Fungible Token (NFT), offering a unique collection. The initiative is referred to as the Junior NFT campaign, and the chocolate manufacturer has opted to work with the blockchain for a good cause. Using a blockchain network, GuardianLink, children’s artwork will

July 20, 2022 2 mins read

NFT Portals Becoming Easy Prey For Crypto Scams

Nowadays, the NFT sector is continuously facing threats from cyber attackers, more NFT platforms and communities are being the victim of attacks from them. The NFT influencer Zeneca is the new victim of scammers.   Zeneca’s Twitter account was hacked and a phony airdrop was advertised on the NFT influencer Twitter

July 20, 2022 2 mins read