First disclosed in June when the company announced a $130 million round. Lu claims that adopting multi-chain was always part of the strategy for Magic Eden. Today, Magic Eden, the most popular Solana NFT store, extended its reach to the Ethereum network by adding support for many prominent collections. These
Arbitrum will join Ethereum, Solana, Polygon, and Klaytn as the fifth network. Periodic declines have hit other markets including LooksRare and Rarible. OpenSea, a prominent NFT marketplace, has said it would include Arbitrum, a layer-2 Ethereum scaling solution. After tomorrow’s successful deployment, Arbitrum will join Ethereum, Solana, Polygon, and Klaytn
The founder and CEO of Totality Corp, Anshul Rustaggi, shared cultural and social obstacles in an interview with Cointelegraph. And he said that Indian government regulation prevents the widespread adoption of Non-fungible tokens (NFTs) in the country. According to Rustaggi, cryptocurrency trading and NFT collections are considered as risky investments,
Over a recent period, the hype of metaverse and play to earn (P2E) games are emerging attracting large users worldwide. Players are very interested in playing these virtual games which also supports earning passive incomes. At present, more or less there are all genres of games existing in the metaverse
The purchase is intended to increase participation in motorsport-themed mobile games. Animoca bought Eden Games in April of this year. Animoca Brands, a prominent provider of digital property rights, has expanded its roster of gaming affiliates with the announcement of yet another important acquisition. On Friday, they revealed that they
On Friday, Bored Ape Yacht Club NFT creators Yuga Labs announced the hiring of Spencer Tucker as the company’s first Chief Gaming Officer. Tucker will be in charge of overseeing the creation of Yuga’s Web3 game initiatives, beginning with the “Otherside” metaverse. In January of this year, Otherside caused a
There are now three proposals up for vote in the ApeCoin community that would create a dedicated NFT marketplace for APE. Earlier, NFT marketplace Magic Eden suggested building the ApeCoinDAO marketplace for the ApeCoin community in order to reduce transaction costs, improve the user experience, and expand the usefulness of
Blankos Block Party enables players to play, sell, and purchase NFTs internally. Epic Games is the company behind Fortnite and the Unreal Engine graphics engine. Epic Games, an American video game developer, stated on September 15 that their newest title, Blankos Block Party, will be the first NFT game available
Polygon’s best days are yet to come. Amid the bearish crypto winter and all the doom and gloom about cryptocurrencies and the future of NFTs, Polygon Technology had a scorching summer. Since hitting its low in June, it has rallied over 170% to $0.87 (MATIC -0.52%). While we have seen a considerable
After failing to achieve “product market fit,” the founder of Rentable, a non-fungible token (NFT) platform that allows users to rent out their NFTs, has announced today that the network would be closing down. The ability to make rentals has been suspended, however, users have until October 13 to complete
