Fri, February 7

NFT Certification Protocol Wakweli Secures $1.1 Million in Recent Funding Round

After securing $1.1 million, Wakweli, a web3 infrastructure protocol that generates certificates of authenticity for NFTs, has completed its first investment round. Many early investors contributed funds to back Wakweli’s idea of a protocol built on a decentralized consensus algorithm known as Proof-of-Democracy (PoD). The blockchain investment company Summit, Funfair

February 28, 2023 3 mins read

Bored Ape Creators Introduce First Bitcoin NFT Project

Creators of the Bored Ape Yacht Club (BAYC), Yuga Labs, have unveiled a brand-new NFT collection on Bitcoin named “TwelveFold.” 300 limited-edition works of generative art, each inscribed to the Bitcoin network, will make up the TwelveFold collection. Introducing TwelveFold. A limited edition collection of 300 generative pieces, inscribed on

February 28, 2023 1 min read

Dapper Labs Announces Second Wave of Layoff by Letting Go 20% Staff

In an effort to reorganize the company, Dapper Labs will be letting off 20% of its full-time employees, as stated in a letter addressed to employees on Thursday by founder and CEO Roham Gharegozlou. Gharegozlou stated that the company was reorganizing to increase its focus and efficiency. Moreover, it also

February 24, 2023 1 min read

Ubisoft Partners With The Sandbox To Develop Unique Rabbid Avatar NFTs

Ubisoft is teaming up with Animoca Brands’ The Sandbox to further its web3 efforts. The popular Rabbids series, however, is the driving force behind this. Ubisoft and The Sandbox have teamed together to develop 2,066 unique Rabbids avatars, each with its own abilities and customization options. One NFT will set

February 24, 2023 2 mins read

Spotify to Test Token-Enabled Music Playlists For NFT Users

With the new “token-enabled playlists” function, users with NFTs wallets may listen to customized playlists on Spotify. Everyone who has a Fluf, Moonbirds, Kingship, or Overlord community token may use this service. Throughout the course of the three-month beta, the selected playlists will undergo frequent updates and be available to

February 23, 2023 1 min read

U.S Judge Classifies Flow’s NBA Top Shot NFTs as Securities

U.S. District Judge Victor Marrero’s decision to classify Flow’s NBA Top Shot NFTs as securities have caught many off guard. Moreover, the judge’s decision was predicated on the fact that Dapper Labs kept a private blockchain. And limited NFT trading to the Flow platform. The value of these NFTs, sometimes

February 23, 2023 2 mins read

Solana’s NFT Minting App on Saga Mobile

Saga, Solana Mobile has unveiled Minty Fresh, a new NFT minting app built in-house. Solana Labs revealed the development of Saga mobile last year, which will be compatible with all the web3 use cases. And the device’s launch is to occur in the first quarters of this year. 📱Saga unlocks

February 23, 2023 2 mins read

India’s WazirX Announces Shut Down of NFT Marketplace

The biggest cryptocurrency exchange in India, WazirX, has discontinued its NFT marketplace, WazirX NFT. WazirX NFT has “sunsetted,” according to the website, although clients may still trade on OpenSea. All NFTs purchased on the WazirX exchange may now be traded on OpenSea. WazirX issued a statement expressing regret over the

February 22, 2023 1 min read

0N1 Force Project Blue-Chip NFT Acquired by Crypto Veterans Headed by OFR

0N1 Force, a top-tier NFT collection with an emphasis on comics, has been acquired by a group of seasoned crypto industry professionals. The group, led by blockchain investment company Old Fashioned Research (OFR), paid an unknown sum to purchase the top NFT collection. The founders of 0N1 Force have departed

February 22, 2023 2 mins read