The Dubai Police is the first law enforcement agency in the world to mint NFTs. The Dubai Metaverse Strategy also aims to generate 40,000 employment. Just months after the previous collection saw over 23 million individuals express interest in purchasing them, Dubai Police is getting ready to launch its second
Unstoppable Domains raises fundings of $65 million in series A fundings. So far has registered more than 2.5 million NFT token domains. Fundings to be used for new innovative Web3 attributes and applications. The Unstoppable Domains has so far been the most prominent Non Fungible Token (NFT) token domain registering
Web3 security firm TRM Labs have released a new report on the latest wave of hacker attacks on Discord, a popular social media platform for Non-Fungible Token (NFT) projects. As per the report, Discord has seen an increase in the number of hacker attacks over the past three months. When
As per popular predictions, the NFT sector would attain $210 billion by 2030. Overall TVL of the DeFi sector is under $90 billion, at press time. Last week, the prominent experts in the crypto and blockchain industry across the globe gathered on the panel of AIBC Americas Summit 2022, a
With price tags in the millions of dollars and their viral followings, non-fungible tokens have risen into the mainstream consciousness over the past couple of years. However, the current market for NFTs, which use blockchain technology to create unique versions of digital art, sports memorabilia, photographs and so on, is
NFTs may only be obtained by pre-ordering Final Fantasy VII 25th Anniversary items. Enjin’s chief technology officer predicts that blockchain gaming will emerge. A digital and physical collection of Final Fantasy VII, a prominent video game series, was launched by Square Enix and the non-fungible token (NFT) platform Enjin (ENJ)
A report on the Non-Fungible Token (NFT) market by Grand View Research, estimates the market growth would be more than $210 billion by the end of 2030. The current market price value is $ 20.44 billion. The research was carried out with historic data from the period of 2018 to
A federal court lawsuit has not yet been filed on behalf of the plaintiffs in this case. So far, the SEC has refrained from categorically classifying any NFT as security. One of the most well-known NFT collections, Bored Ape Yacht Club (BAYC), created by Yuga Labs (a $4 billion corporation),
A unique collection of 25K Novatars is a one-of-a-kind creation resulting from a complex AI algorithm that considers factors such as race, ethnicity, and skin tone. Each NFT infant has distinct characteristics derived from the core nine genes. The NFT “Novatar” is quickly becoming part of a Metaverse with the
The platform’s commercial potential is reported to have been harmed by prohibitions. It was built by Tencent’s Platform and Content Group (PCG). According to a report by Chinese news agency Jiemian, cited by the South China Morning Post, Shenzhen-based technology company Tencent is ready to shut down its NFT platform
