Sun, March 9

Shopify Introduces ‘Tokengate’ Utilizing NFTs to Promote Sales

Known as “tokengate,” the project has an early-access beta version accessible. To buy NFTs, neither the vendor nor the buyer has to use crypto. Shopify’s new connect-to-consumer efforts will let merchants create unique items for token holders in order to interact with followers and promote sales. Known as “tokengate,” the

June 22, 2022 2 mins read

Ecommerce Giant eBay Acquires Prominent NFT Marketplace ‘KnownOrigin’

KnownOrigin, one of the most popular NFT marketplaces, was bought by eBay on Wednesday, according to a press release. The purchase is part of the company’s “tech-led reimagination,” according to the company’s statement. The deal’s financial details are being kept under wraps. Addition of Increasingly Popular Digital Collectibles eBay CEO

June 22, 2022 1 min read

Uniswap Acquires NFT Marketplace Aggregator Genie Bucking Market Trend

Uniswap announced that it would be airdropping USDC to Genie customers. DappRadar reports USD volume of NFT purchases has plummeted by almost 66%. On June 21st, Uniswap announced that it had purchased the NFT marketplace aggregator Genie. The decentralized exchange said that this step aligns with its goal of allowing

June 22, 2022 1 min read

Solana NFT Marketplace Magic Eden Secures $130M in Series B Investment

Magic Eden, created in September, was valued at $1.6 billion after the Series B round. Just three months ago, Magic Eden had announced a $27 million Series A round. NFT marketplace Magic Eden, which now controls the great bulk of the Solana market, is preparing for growth. The firm revealed

June 21, 2022 2 mins read

Sale of Donated CryptoPunk NFT Brings $100K For Ukraine’s Military Effort

Donations were made in March to the Ukrainian crypto fund with CryptoPunk #5364. The NFT was sold to an unidentified bidder for 90 ETH on Thursday. Over $100,000 has been collected for Ukraine’s military effort against Russia via the sale of a donated CryptoPunk NFT, the government of Ukraine stated.

June 21, 2022 2 mins read

Premium Watch Brand Tag Heuer Launches Smartwatch With NFT Display

The corporation began accepting crypto payments on the US website recently. Apple’s App Store and Google’s Play Store are expected to provide a free update. Users of premium watch brand Tag Heuer may now showcase their NFT collection through a new smartwatch function characteristic of such devices. Tag Heuer has

June 17, 2022 2 mins read

French Premium Brand ‘Lacoste’ Forays Into Web3 With UNDW3 NFT Collection

Just 48 hours after its inception, the Discord server had more than 30,000 members. Lacoste has released an NFT collection with 11,212 photos. With the debut of UNDW3, Lacoste, a French premium brand, joins the web3 ecosystem. Lacoste’s community may help accelerate the brand’s fashion-sport ambition via the use of

June 15, 2022 2 mins read

NFT Marketplace OpenSea Reveals Migration to Seaport Protocol

According to OpenSea, consumers using Seaport would save 35% on gas fees. The seaport is neither owned nor operated by OpenSea but instead built on top of it. Tuesday saw the announcement of OpenSea’s migration to Seaport, the most popular non-fungible token (NFT) marketplace by trading volume. A few of

June 15, 2022 1 min read

Mastercard Partners With the Popular Metaverse – The Sandbox

Mastercard is a giant payment gateway which reveals an official partnership with The Sandbox (SAND) for a notable growth in the market. In addition to this, Mastercard also joins with some other non-fungible token (NFT) communities. Thus, the main aim of this partnership is to bring up payment options within

June 13, 2022 2 mins read

Bored Ape Yacht Club (BAYC) Floor Price Falls to 70 Ethereum ($87,710)

After reaching a peak of over $26, BAYC’s ApeCoin token is now only worth $3. BAYC has been hacked before, and investors lost NFTs during earlier assaults. Digital art prices skyrocketed last year as NFTs became a fascinating trend. Volumes on OpenSea and NFT prices have fallen due to the

June 13, 2022 1 min read