Seven different mayors were honored with NFT for their efforts. Fumio Kishida, the prime minister of Japan, was also present at the event. The Japanese government is rewarding local authorities that have shown exceptional progress in the use of digital technology to address local concerns and advance the digital economy,
NFTs are an integral part of China’s strategy to combat copyright infringement and internet piracy. The East Asian nation has seen a rise in the amount of piracy committed online, particularly in the form of NFTs made from pirated digital content. In response, the Chinese government has launched a new
The business has funded more than 300 startups, including Web3 and NFT firms. A $359 million deal in January gave it a valuation of more than $5 billion. Institutional investors Temasek, Boyu Capital, and GGV Capital spearheaded the $110 million investment round for Animoca Brands, a major investor in NFT
Ethereum-based NFT project in tribute to the Queen’s life Since the project’s launch in July, 73 NFTs have been made available. After the demise of England’s long-reigning queen, an Ethereum NFT project, QueenE, that was created in tribute to Queen Elizabeth II, is currently holding its final auction for the
Fans may gain points for these NFT souvenirs depending on the actual results. Sorare and the NBA plan to release the free-to-play game this autumn. With their new agreement with Sorare, the NBA hopes to cash in on the sports NFT trend. There has been a recent uptick in the
OpenSea, a marketplace for non-fungible tokens (NFTs), has seen increased demand for Reddit’s blockchain-based avatars, outselling the platform’s own shop. In July of 2022, Reddit, the “front page” of the internet, announced collectable avatars, becoming a part of the developing world of NFTs. Since their release in August, the avatars
Multiplayer browser for Collaboration – Stack Browser, is planning to sell lifetime licenses of its subscription as Non-fungible tokens. With this Stack Browser is becoming one of the first SaaS tools that is selling access to its premium version as the primary utility of an NFT. Stack Browser is an
By entering the NFT sector, the British rock band Muse made a new history. As per the latest reports, Muse has become the first music band to get top on the UK charts, with their recently released album, “Will of the People”. The album sold on NFTs (non-fungible tokens) as
With LG’s most recent software, they may purchase, market, and advertise Hedera NFTs. LG Art Lab will only work with LG TVs. The LG Art Lab, a non-fungible token (NFT) marketplace that connects to the Hedera Network and is situated in Korea, is being launched by LG. Television owners with
The sharp increase in crypto assets in 2021 only portended a sharp decline in asset prices. NFTs, especially those that are artistic, only started to gain popularity in 2021. If 2020 and 2021 were the falls and summers of crypto, it’s clear that 2022 is crypto’s winter. For people and
