Apple’s decision to apply its customary 30% commission on in-app NFT purchases has irked many developers, with some arguing that the move is both unreasonable and not feasible. According to a Friday report by Aidan Ryan at The Information, Apple would now allow NFTs to be bought and sold
Months after patenting the tech for a metaverse-themed park, Walt Disney may be ready to delve fully into the Web3 space. Over the weekend, the company quietly posted a job listing for an experienced corporate attorney who is familiar with emerging technologies such as “NFTs, blockchain, metaverse and decentralized finance.
London-based web3 startup Hadean has raised over $30 million in a Series A round backed by Fortnite developer Epic Games. Founded in 20215, Hadean is on a mission to create the infrastructure to support developments in the metaverse. The company is creating spatial and scalable computing for web 3.0
Leading NFT marketplace OpenSea has implemented a new protocol that calculates the rarity of digital collectibles within its platform. Dubbed OpenRarity, the project is the brainchild of collaborative efforts between several players in the NFT space, including OpenSea, Proof, Curio, and icy.tools. OpenSea announced the implementation in a Wednesday
In what could be described as a first, a real estate developer recently purchased a real-life office building in New York City as an NFT. Located at 44 West 37th Street, the 4,700 square meter NFT building was acquired by real estate development firm Azul NYC earlier this month.
Vulcan Forged, an NFT-based gaming studio, has raised $8 million in a Series A funding round led by Anthony Scaramucci’s SkyBridge Capital. As per announcements, SkyBridge was given the option to invest an additional $33 million in the blockchain game developer and incubator. The new capital injection will be
You might be in for an NFT treat next time you visit a Universal Studios theme park. The leading film studio and theme park has partnered with crypto payment service provider MoonPay to launch an NFT-based scavenger hunt at theme parks in California and Florida. From October 31, visitors will
Metaverse
Korea Communications Commission, South Korea’s media regulation agency, is in talks with Meta on how to improve user safety in the metaverse. According to local news outlets, the media regulator held a meeting with Andy O’Connell, VP of Product Policy & Strategy at Meta Platforms, to discuss ways
NFT News
Okay Bears, one of Solana’s top NFT collections, has inked a deal with global management firm IMG. The duo will be working together to launch consumer products and experiences. As part of the partnership, IMG will become the exclusive global licensing representative for Okay Bears, a 10,000-sized collection
On Monday, leading NFT marketplace OpenSea announced that it had upgraded the minting process on its platform with a new immersive drop experience. According to an official blog post, NFT creators can now launch their artworks within exclusive drop pages that will provide greater discoverability. Collectors will also be able
NFT News
PGA Tour, a major organizer for professional men’s golf tournaments, has inked a new partnership deal with Tom Brady's NFT marketplace, Autograph. The long-term deal will provide an NFT platform for golf enthusiasts, featuring tokenized versions of all archived player data and videos under the care of
News
The proof-of-work (PoW) fork of the Ethereum blockchain may be off to a rocky start following a cross-chain contract exploit last week. Over the weekend, news broke that ETHPoW, the post-Ethereum Merge PoW chain, had suffered an on-chain replay attack. Blockchain security firm BlokcSec first flagged the so-called “replay attack”
In an effort to bring more awareness to the crypto space, India’s largest cryptocurrency exchange, WaziX, has launched a “learn and earn” campaign in collaboration with The Sandbox. The campaign, which commenced on September 19, will reward the top five winners with free passes for The Sandbox’s recently
NFT News
On September 12, leading Solana NFT marketplace Magic Eden in partnership with Coral Cube launched a new enforcement tool called MetaShield. The tool, which seeks to deter NFT buyers from bypassing creator royalties, has irked some members of the NFT community. I am 1000% again marketplaces not giving artists royalties
News
Despite some initial rally, the value of EThereumPoW (ETHW), a hard fork of Ethereum supported by a group of proof-of-work (PoW) miners, has continued to dip. With Ethereum’s transition to proof-of-stake (PoS) consensus happening on September 15, some miners chose to remain and support the proof-of-work (PoW) consensus. ETHW
News
Following a successful Merge event by the Ethereum network, the price of Ether has tanked severely as the effects of the ongoing crypto winter continue to ravage the crypto market. According to stats on CoinMarketCap, the second-largest cryptocurrency by market cap has dipped by 8% in just over 24 hours