Plans to introduce a government-backed “NFT for Britain.” As planned by crypto-friendly Prime Minister Rishi Sunak, have been scrapped in the United Kingdom. As part of the government’s aim to make the UK a worldwide hub for crypto-asset technology and investment. Chancellor of the Exchequer Sunak requested in April 2022
A multi-year relationship between Gucci and Yuga Labs, the firm behind well-known NFT lines including Meebits, Bored Ape Yacht Club (BAYC), and CryptoPunks, was recently revealed. A press announcement states that the connection between fashion and entertainment in the Metaverse will be the primary focus. The new initiative further establishes
Sony Interactive Entertainment, the company behind the PlayStation brand of video games, has patented a framework that allows players to move and use non-fungible tokens (NFTs) across games. Sony’s commitment to the cryptocurrency industry has been on display for years through strategic alliances and trademark filings. Sony has also added
Heavyweight boxing champion Oleksandr Usyk has thrown his support behind a blockchain platform that intends to tokenize and promote the boxing sector. He holds the titles of IBF, WBO, and WBA. The Olympic champion has partnered with Qmall, a cryptocurrency exchange located in Ukraine, to create the “Ready to Fight”
A CryptoPunks non-fungible token (NFT) with a market value of 77 Ether was delivered to a burn address. But, the collector had meant to use it as collateral to borrow funds with which to acquire other NFTs. Brandon Riley, an NFT collector, purchased CryptoPunk #685 on March 13. He paid
The much-awaited launch of Genesis Universe World Battle is finally here. And it promises to be a game-changer in the world of gaming and NFTs. We are excited to invite you to the premiere event, where we will unveil the revolutionary platform that combines gaming and blockchain technology. The event
During the last two months, the popularity of “Bitcoin NFTs” has skyrocketed with the introduction of Ordinals, a protocol that enables users to digitally imprint media and text on the original blockchain, with over 500,000 such “inscriptions” having been produced already. Today, a major NFT marketplace on another chain is
Yat Siu, the co-founder of Animoca Brands, a gaming company, has indicated that royalties have helped drive the rise of the non-fungible token (NFT) market. All of these developments occurred due to the fact that royalties were conceivable as per Siu. Siu, the co-founder of the Hong Kong-based firm, has
Salesforce and Polygon have collaborated to develop a new kind of management platform for NFTs. Salesforce, the largest customer relationship management (CRM) platform in the world, and Polygon, one of the most well-known blockchain networks, have joined forces in noteworthy cooperation. President of Polygon Labs Ryan Wyatt tweeted on Thursday
With the opening of the ftNFT store in the Dubai Mall, the biggest shopping mall in the world, the future of non-fungible tokens (NFTs) has just been more exciting. The opening of the first successful ftNFT store in the Dubai Mall promises to be another thrilling experience for NFT aficionados as
