One of Europe’s leading airline companies, Lufthansa, has created a new loyalty program on the Polygon Network that uses NFTs. Travelers may earn NFTs from their airline trips and redeem them for perks like free flights or access to a business class lounge. Lufthansa’s digital innovation branch, Lufthansa Innovation Hub,
Cardano’s founder, Charles Hoskinson, recently released a video in which he elaborated on his position about his involvement with NFT initiatives inside the Cardano ecosystem. When asked about the Apes Society artwork prominently displayed in his Colorado office, Hoskinson said it was a gift and that he had not been
The number of people involved in NFT trading has dropped to a level not seen in last two years. In April of 2022, the NFT market had $480,738,395 in volume. However, the weekly volume has decreased to a meagre $10,054,152 as of the end of August 2023. Moreover, in recent
In a groundbreaking move, TOPGOAL leading sports metaverse platform has teamed up with Chiliz, a leading name in Web3 sports technology, to revolutionize the world of football gaming. The collaboration aims to merge traditional gaming with Web3 innovations, introducing Footballcraft, a cross-platform mobile game set to reshape the decentralized football
Last week, the NFT firm Recur announced that its Web3 platform is shutting down, having succumbed to the crypto winter despite hosting the IP of numerous major names, like Hello Kitty and Nickelodeon. Recur said in a blog post that it would be gradually removing essential functionalities from its platform
Although Bitcoin’s price has dropped recently and there have been rumors that the euphoria around Bitcoin NFTs has faded down, ordinary inscriptions remain in control of network activity as per recent statistics. Ordinals developer “Leonidas” said on August 21 that out of Bitcoin’s 530,788 transactions in the previous day, 450,785
Bored Ape Yacht Club (BAYC) NFT collection developers Yuga Labs announced their intention to end their partnership with OpenSea. This is in reaction to the platform’s anticipated move toward a discretionary royalties structure. Royalties will no longer be required for new collections after August 31, 2023. This is under a
According to DappRadar, trading volume for the Bitcoin Ordinals NFT has plummeted by about 98% since May, indicating a severe decline in user engagement. DappRadar reported on August 17 that the overall sales volume of Bitcoin Ordinals has dropped from $452 million in May to under $3 million as of
The Cosmos (ATOM) and Polkadot (DOT) cryptocurrencies have been on a bearish run during the past 30 days, and as a result, a lot of investors have begun to diversify their holdings. However, another cryptocurrency has managed to capture a significant level of attention, Everlodge. Through this upcoming real estate
Coinbase’s recent launch of the Layer-2 platform Base has triggered a wave of digital innovation, with notable companies like Coca-Cola joining the trend. The American multinational behemoth has entered the non-fungible token (NFT) arena with its ‘Masterpiece’ collection on August 13. This eight-NFT collection features a blend of traditional masterpieces
