Solana’s journey presents a striking contrast in an era where decentralization dominates. Besides its initial success in Decentralized Finance (DeFi), Solana’s total value locked (TVL) saw a depreciation since the dawn of 2022. While @Solana's TVL has depreciated since the beginning of 2022, it's important to note that TVL is
Adidas, one of the world’s largest apparel giants, collaborated with the well-known digital artist Fewocious to create a tangible shoe that will be sold with an NFT redemption pass. To further their exploration into the “art of play,” Fewocious and Adidas have collaborated on a limited-edition NFT mint pass titled
The Snoop Dogg Passport, an NFT pass that grants access to special content and experiences related to the rapper and entertainer’s forthcoming concert tour, was released today, marking yet another step towards Web3 for Rapper Snoop Dogg. Moreover, each Snoop Dogg Passport NFT costs 0.025 ETH, or around $43 at
Following the announcement of Kraken launching in the world of NFT, Polygon NFTs are made available on Kraken NFT, the marketplace to buy, sell and trade all NFTs (Non-Fungible Tokens). ✨ Polygon lands on #KrakenNFT — trade Reddit Collectible Avatars today! ✔️ Browse & trade 250+ collections ✔️ Zero on-platform
When Minecraft announced in July 2022 that it would prohibit NFTs on player-run servers, it sent shockwaves across the Web3 community. However, that intended action has not yet taken place, albeit it is still on the horizon about a year later. In a blog post published last summer, Mojang, a
A lawsuit filed against the decentralized finance (DeFi) platform PoolTogether in the United States was recently dismissed. The judgment states that the federal court system is not the proper venue for voicing concerns about the DeFi startup. Judge Frederic Block of a federal district court in the United States remarked
In a significant development for the ticketing industry, NFT-TiX, a leading event ticketing platform, has announced its partnership with Avalanche, a scalable smart contract platform. As part of this collaboration, NFT-TiX will exclusively use Avalanche’s blockchain technology to power its Non-Fungible Token (NFT) ticket offerings. This partnership extends further with
Machi Big Brother, a well-known NFT whale and former musician and tech entrepreneur, recently made headlines when they announced that they would be moving their Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs to the widely-used Binance cryptocurrency exchange. As a show of support for Binance
Illuvium, an Ethereum blockchain video game developer, and GameStop, a video game and consumer electronics company, announced on June 5 that they will be working together to release a collection of 20,000 non-fungible tokens (NFTs) on June 12. Developers claim that each “Illuvitars” NFT is a “dynamic collectible work of
The fusion of augmented reality (AR) and non-fungible tokens (NFTs) promises a new era of digital experiences where virtual and physical realities intersect. These two groundbreaking technologies provide unique opportunities for interaction and digital ownership that go beyond the limitations of our screens. Augmented Reality Meets Blockchain Augmented reality, a
