In a partnership that will kick off with a three-night NFT ticketing event at Marquee in NYC from June 22 to 25, YellowHeart has inked a major NFT deal with the biggest global hospitality company in the world. On Wednesday, the leading NFT marketplace for music, ticketing, and community tokens,
According to a statement released by Samsung on Tuesday, the tech giant’s US arm has created a new Discord server to support its Web3 activities, joining the ranks of several others that are already exploring the space. Following the successful launches of Samsung 837X, our immersive metaverse experience in
Press Releases
Since the advent of blockchain technology, it has revolutionized and disrupted many industries, including the fintech ecosystem. The technology goes beyond creating cryptocurrencies, as the smart contract feature is used for document provenance, establishing ownership rights for digital and physical assets, and mitigating fraud. Today, we have many fintech payment
Despite the bearish market sentiment around crypto and NFTs, an upcoming Ethereum-based role-playing game “Illuvium” has defied the odds to close a virtual land sale worth over $72M. About 20,000 digital land parcels were sold to investors and prospective players in a Dutch-style auction between June 2 and June
The city of California has witnessed the grand opening of its latest art facility “Quantum Space LA,” co-founded by well-known NFT photographer Justin Aversano. But here’s the interesting twist. Quantum Space LA, located on the iconic Third Street Promenade in Santa Monica, is the latest in a growing trend
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Per a recent press release, PlanetQuest, a cinematic multiverse and blockchain-based gaming platform, has partnered with Immutable X—the first and leading layer-2 scaling solution for NFTs—and launched the world's first community-friendly NFT planet sale (that ends on June 7th, 2022)! Since it came to the limelight,
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While the advent of non-fungible tokens, or NFTs, presents a massive opportunity for digital artists to create and auction off artworks, a ton of problems still exist. Lack of support for multiple chains, high transaction costs, high gas fees, fraudulent NFTs, the unavailability of multiple payment methods like fiat and
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Decentralized finance (DeFi) takes what traditional finance facilitators could do and eliminates intermediation with trustless, composable smart contracts. Since the first protocol went live, trialing token exchange, the sphere has morphed into a multi-billion industry. So fast has DeFi grown that a U.S. official, during a fire chat discussion
NFT News
Thanks to the sales of NFTs, the no-loss lottery decentralized finance (DeFi) platform “PoolTogether” has been able to reach 100% of its legal defense funding goal. It took the platform ten days to attain its funding goal of 769 ETH ($1.4 million), pointing to the unity of the DeFi
Over the weekend, the Discord server of the popular NFT collectible Bored Ape Yacht Club (BAYC) was compromised, leading to the loss of about 200 ETH (approximately $360,000) worth of NFTs. The hack was due to a phishing attack on the Discord account of Boris Vagner, the project'
Despite the recent decline in the sale of NFTs, Solana has managed to reach a new milestone as the combined sales on the network reached $2.35 billion this June. The new sales record is a ray of hope for the blockchain whose native SOL token plummeted by over $14
In March 2021, digital artist Beeple made headlines after his NFT collection sold for $69.3 million. The industry has since gained massive patronage, with many people, including non-artists cashing out with digital collectibles. Victor Langlois, a 19-year-old transgender artist, is one of the latest to rake in millions. Langlois
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With globalization, there is so much on the table; it can be overwhelming. Yes, the world is increasingly becoming a village. However, the steel wall separating the digital and the physical world can still be felt, especially in investment. If anything, it can be challenging for ordinary folks to confidently
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There is little doubt that decentralized finance (DeFi) is revolutionizing finance and empowering millions. A level deeper, DeFi aligns with the vision-mission of the creator of Bitcoin, Satoshi Nakamoto, who wanted to promote financial inclusion, allowing ordinary users to steer their financial ship. Fast-forward 13 years later, DeFi is a
American professional boxer Jake Paul has been involved in the promotion of yet another NFT project that has failed to live up to its billing and may have absconded with about $6.3million belonging to investors. Dubbed “Animoon,” the NFT project marketed itself as the most awaited play-to-earn game featuring
Snoop Dogg in conjunction with Food Fighters Universe has announced their intentions to launch an NFT-themed dessert restaurant in Los Angeles. The Food Fighters Universe, co-founded by Andy Nguyen, Kevin Seo, and Phillip Huynh, took to Twitter to welcome the latest member of their business chain. Announcing the newest member