DeGods is the latest NFT project to jump on the 0% royalty train. Labeling the move as the best line of action for its business, the leading Solana-based collection made the shocking announcement via Twitter on October 9. Our next experiment. pic.twitter.com/VmoDfXvcyu — DeGods (@DeGodsNFT) October 9, 2022
Dubai-headquartered Commercial Bank International (CBI) has launched a new location in the metaverse, making it the first UAE bank to establish its presence in the metaverse. CBI’s virtual location can be accessed through Portals, cbi.dcl.eth, or coordinates (63, -127) on the Decentraland map. As per announcements, the
The Hong Kong Polytechnic University (PolyU), one of the top public universities in Hong Kong, has become the first university in the city to launch a metaverse-related postgraduate program. The one-year Master of Science in Metaverse Technology program is billed to kick off next September under the computing department. According
Less than a year after joining OpenSea, CFO Brain Roberts is leaving the NFT marketplace. The former Lyft executive has been with OpenSea for just ten months after joining the company in December 2021 as its first finance employee. According to his LinkedIn update posted on Friday, Roberts built the
Although the effects of rising interest rates and inflation are being felt in the crypto market amid an ongoing bear market, Ethereum has experienced a significant rise in the number of unique users. According to data from Dune Analytics, the Ethereum network gained over 4.5 million new active users
Despite a torrid crypto winter, leading digital currency asset manager Grayscale Investments is showing no signs of slowing down. The world’s biggest digital currency asset manager recently announced the launch of an investment vehicle that would help investors capitalize on the reduced prices of Bitcoin mining infrastructures. The Grayscale
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In a bid to bolster its Web3 presence, Yuga Labs, the creator of the Bored Ape Yacht Club NFT collection has assembled a community council made up of notable Ape collectors. The firm appointed seven holders of the NFT collection to form the council. Yuga Labs detailed the profile of
On June 1, 2022, OpenSea’s former product manager Nathaniel Chastain was slammed with an indictment for “wire fraud and money laundering in connection with a scheme to commit insider trading” on different NFT tokens. Recent court filings reveal that Chastain, who has since resigned from OpenSea and even gone
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As Blackcatcard’s recent, game-changing update comes to a swift completion, it’s important to reflect on the whats, the whys and the hows. Indeed, this major, global update of the integrated cryptocurrency service provided by DigiNord OÜ took place on 5th October, as well as updating the main user
In August 2021, Three Arrows Capital (3AC) executives Su Zhu and Kyle Davies alongside NFT collector Vincent Van Dough launched a $100 million NFT-focused fund called Starry Night Capital. The goal of the fund was to purchase “the most desired” NFTs on the market at the time. Although the fund
With many traditional companies jumping on the Web3 trend, Taiwanese laptop maker Asus is making its debut with an NFT platform. The company announced the launch of “Art Black hole” on Tuesday, marking its first foray into the growing Web3 sector. Launched under the firm’s Web3 arm, Asus Metaverse
Hugo Boss is the latest on the list of many fashion brands exploring metaverse fashion. Its Youth-focused arm is gearing up to launch a "holistic, 360-degree metaverse experience." On Tuesday, Hugo announced that its apparel would be coming to the metaverse via a partnership with the whimsical NFT
Horizon, the developer of NFT trading card game Skyweaver, confirmed a $40 million raise on Tuesday. The Series A funding round was led by Brevan Howard Digital and Morgan Creek Digital, with participation from video game publishers Ubisoft and Take-Two Interactive. Other investors included Polygon, gaming-centric VC firm Bitkraft, metaverse
The NFT market began 2022 with a bang but has since witnessed a major drop in interest and sales volume, amid a difficult period in the broader cryptocurrency market. As a result, NFT sales on OpenSea, the largest marketplace for digital collectibles, nosedived in the third quarter of 2022, down
Despite the ongoing crypto market downturn, Solana NFT sales volume nearly doubled in September, a 77% month-over-month increase. Although overall NFT sales volume remained largely stagnant in September, blue-chip Ethereum NFTs are still selling, and Solana-based NFTs appear to be the latest rave in town. According to data from DappRadar,
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In a bid to drive digital transformation, the government of Japan has said it will continue to promote Web3 services, including investments in non-fungible tokens (NFTs) and the metaverse. According to the current prime minister of Japan, Fumio Kishida, the government’s investment in digital transformation included its recent decision