According to a recent tweet from Iryna K, a Web3 Community Builder, President Volodymyr Zelenskyy of the Republic of Ukraine has signed the first Non-Fungible Token (NFT) in Ukraine. The approved NFT goes by the name UACatsDivision. So proud of the Ukrainian President @ZelenskyyUa, who signed the first #NFT by
The fees on LooksRare, a marketplace for non-fungible tokens (NFTs), have been reduced by 75% as part of the platform’s update to version 2, the firm said on April 6. In LooksRare version 1, the commission rate was 2%. In version 2, this was cut down to 0.5%. Moreover, v2
Reddit Avatar’s Drop, season 3, is going to take place on the 10th of April. This announcement about the 3rd generation of Reddit Non-Fungible Tokens (NFT) is receiving positive feedback from the online discussion forum participants. Reddit is deploying their new contracts, Gen 3 of the avatars are on their
OpenSea, a leading NFT marketplace, unveiled a new aggregator platform with “deepest liquidity” and “fastest speeds,” as well as $0 costs for a limited time. This comes after intense competition from Blur. OpenSea rebranded the marketplace from Gem to “OpenSea Pro” after acquiring it in April of last year. This
NFTs, ‘Non-Fungible Tokens’ are digital assets. These assets are stored in the blockchain and can be owned similar to cryptocurrencies. The term ‘non-fungible’ refers to everything that is irreplaceable or unique. The term ‘token’ refers to the authority of ownership or proof. There are several sorts of NFTs other than
After his court appearance on Tuesday in New York City, former U.S. President Donald Trump’s NFT collection saw a significant increase in sales. In December, a set of Trump digital trading cards was created, and since then, their value has skyrocketed. The collection has had some modest success in the
The world of Non-Fungible Tokens (NFTs) constantly evolves, with new marketplaces and platforms emerging. Recently, one platform has been making waves in the NFT space, overtaking the long-standing NFT market leader, OpenSea. Blur is a relatively new player in the NFT marketplace, launched on October 19, 2022. However, it has
Swiss Post, a postal service of Switzerland is launching its next version of Crypto Stamps. The forthcoming launch of Crypto Stamps 3.0 by Swiss Post is planned for 2nd May 2023 around 7:30 AM. Is Swiss Crypto Stamps Digitized? Swiss Crypto Stamps emerged in order to fulfill the emptiness between
dexFreight, a Fintech-enabled logistics market network driven by smart contracts, has been awarded a USPTO patent, which will allow real-world asset-collateralized NFTs to be introduced into the Rootstock DeFi ecosystem. DexFreight received a USPTO patent on March 28, 2023 (Patent No.: US 11615375 B2) for its novel approach to electronic
Last week, Gucci, the fashion company, announced that it was collaborating with Yuga Labs, the firm that created the Bored Ape Yacht Club NFT collection, to introduce high-end digital fashion to the metaverse. Now, the result of that cooperation is beginning to emerge. Gucci tweeted: Those eligible to purchase can
