Uniswap is in discussions with 7 NFT lending firms, to establish NFT financialization. The platform has recently acquired the NFT marketplace aggregator, Genie. The major cryptocurrency exchange platform, Uniswap is currently showing an interest in the NFT financialization. As per the recent tweet from Uniswap’s head of NFT product, Scott
Conflict in Europe and skyrocketing interest rates in the US have put cryptocurrencies in the midst of one of the worst market crashes in the technology’s history. Bitcoin and Ethereum dropped more than 70 percent since the peak of last year’s bull run, while several high-profile crypto companies shut their
Built on the Rootstock, WakeUp Labs has collaborated with Kilimo, a leading digital platform for irrigation management in agriculture, to create a system for issuing non-fungible tokens (NFTs) in the form of water-saving certificates. This implies that businesses who wish to offset their impact on water resources may purchase NFTs
Video content creators using the app may monetize their work by selling it on Creator Cuts. The owners of video NFTs will engage in the producers’ 10% daily portion of the GARI revenue. Today, Chingari, the world’s fastest-growing on-chain social app, announced the release of its groundbreaking new product: Creator
About $820,000 worth of ether and other cryptocurrencies were taken in the incident. The platform’s website and Twitter page vanished soon after the heist. Many users on Crypto Twitter expressed concern that SudoRare was a fraud, and now the exchange’s developers have apparently pulled the plug. About $820,000 worth of
New projections show Nike’s (NYSE: NKE) total earnings from the sale of its non-fungible tokens (NFTs) at an astounding $185 million. Non-fungible tokens have emerged as a promising new income stream for consumer-focused firms and organizations. Some of the most well-known companies have recently entered the NFT industry, citing the
G4AL, homegrown game studio and publisher, is proud to announce its partnership with the Indian extension of Yield Guild Games (YGG) – IndiGG, a web3 gaming guild from India. After its recent partnership with YGG, Manel Sort and his team are focusing on expanding across continents through YGG’s sub-DAOs, offering
Chastain faces a maximum of 20 years in jail for each of the allegations. According to the DOJ, Chastain’s case was the first known instance. Attorneys for Nate Chastain, formerly of OpenSea and now terminated from the NFT marketplace on grounds of insider trading, have filed a request to have
About $3 million was made through the sale of 2,392,002 Toncoin. Toncoin may now be traded straight inside the app. It was suggested by Pavel Durov, CEO of Telegram, that the platform’s usernames and channel links be made available as NFTs. Durov proposed auctioning millions of reserved Telegram addresses on
The Adademon team created an NFT land called Elysian Plains. The Overlord effect is one of the special characteristics of Elysium Lands. The Metaverse-based play-to-earn platform Adademon has altered the NFT gaming industry that it has signed a development contract with renowned NFT game production studio CUBIX.co. The Adademon team
