In an effort to reorganize the company, Dapper Labs will be letting off 20% of its full-time employees, as stated in a letter addressed to employees on Thursday by founder and CEO Roham Gharegozlou. Gharegozlou stated that the company was reorganizing to increase its focus and efficiency. Moreover, it also
Ubisoft is teaming up with Animoca Brands’ The Sandbox to further its web3 efforts. The popular Rabbids series, however, is the driving force behind this. Ubisoft and The Sandbox have teamed together to develop 2,066 unique Rabbids avatars, each with its own abilities and customization options. One NFT will set
With the new “token-enabled playlists” function, users with NFTs wallets may listen to customized playlists on Spotify. Everyone who has a Fluf, Moonbirds, Kingship, or Overlord community token may use this service. Throughout the course of the three-month beta, the selected playlists will undergo frequent updates and be available to
U.S. District Judge Victor Marrero’s decision to classify Flow’s NBA Top Shot NFTs as securities have caught many off guard. Moreover, the judge’s decision was predicated on the fact that Dapper Labs kept a private blockchain. And limited NFT trading to the Flow platform. The value of these NFTs, sometimes
Saga, Solana Mobile has unveiled Minty Fresh, a new NFT minting app built in-house. Solana Labs revealed the development of Saga mobile last year, which will be compatible with all the web3 use cases. And the device’s launch is to occur in the first quarters of this year. 📱Saga unlocks
The biggest cryptocurrency exchange in India, WazirX, has discontinued its NFT marketplace, WazirX NFT. WazirX NFT has “sunsetted,” according to the website, although clients may still trade on OpenSea. All NFTs purchased on the WazirX exchange may now be traded on OpenSea. WazirX issued a statement expressing regret over the
0N1 Force, a top-tier NFT collection with an emphasis on comics, has been acquired by a group of seasoned crypto industry professionals. The group, led by blockchain investment company Old Fashioned Research (OFR), paid an unknown sum to purchase the top NFT collection. The founders of 0N1 Force have departed
The Floki ecosystem is added to the list of significant big shots that contributed to Turkey’s earthquake. On Monday, Floki announced an NFT sale to support earthquake relief efforts in Turkey. That featured “Turkey’s flag” in the form of 1.08 mins video and was named “Floki’s Turkey Earthquake Relief NFT”.
Bored Ape Kennel Club (BAKC) NFT collection’s logo seems to have been utilized without a license or the artist’s consent. An alert Twitter user saw the resemblance on Friday. The image’s maker, Easy Drawing Tutorial, and Yuga Labs co-founder Greg Solano later confirmed the similarity. When Yuga Labs announced the
To better adapt to the fluctuating crypto market, OpenSea, the industry’s top NFT platform, has announced that it would temporarily abolish its 2.5% charge on sales and reduce creator royalty protections. This action was taken in reaction to mounting threats posed by upstart competitor Blur. As of this past Friday,
