It is a new year, and the support for the NFT ecosystem is still on the rise. The news making the rounds is that TV manufacturer Samsung will be launching a TV later in 2022. This move makes Samsung the first top TV manufacturer to support the NFT ecosystem. This
Could a metaverse stance from the Chinese government rattle tech giants? Shanghai, China’s largest city and financial hub, has shown strong interest in the metaverse. According to its five-year development plan, the city is looking to encourage the “application of the metaverse in areas such as public services, business
Despite the outrage that followed Hybe’s announcement in November 2021 on its plan to launch digital photo cards of members of BTS through a collaboration with Dunamu, a financial technology company, the band, through its management company, Hybe, has announced again that it will be proceeding with the initial
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After putting pen to paper collaboration with Binance NFT, Hero Arena has taken another major step towards growing its GameFi ecosystem. The upcoming play-to-earn game protocol successfully conducted its first Hero Arena Mystery Box sales event. 10,000 Hero Arena Mystery Boxes which were earmarked for the event were snapped
The Covid-19 pandemic has made us spend more time than ever before on the internet and there is a growing sense that 2022 will be focused on the growing consequences of our now digitalized lifestyle. Following a series of reports published by the Wall Street Journal on the extent of
Several months ago, the Hellmoon project featured over 6,000 investors, listed on Coinmarketcap, Crypto.com, and Coingecko. The entire project is developed on their official website and offers an exclusive token obtained on BEP20 Smart Chain. Hellmoon was developed to build long-lasting projects which investors find favorable and secure.
The benefits and potentials of NFTs as a new source of income for sports were highlighted by the United States' National Basketball Association. An NFT marketplace for NBA highlights, known as the NBA Top Shot, was launched last year by the Dapper Labs, and it allows participants to trade
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At the start of last year, not many people were aware of Non-Fungible Tokens; however, at the close of the year, NFTs have grown in popularity so much that the Collins Dictionary has called NFT its word for the year 2021. Distinguished auction houses such as the Sotheby's
The event is the very first of its kind and will be the world's first NFT project to release a set of NFTs from space. The live program will include earth images from the International Space Station and demonstrate the creation of real-time NFTs from distinct images captured.
On Thursday, Justin Kan, the co-founder of Twitch, announced Fractal, a new blockchain gaming-focused nonfungible token (NFT) marketplace. Fractal's Discord channel has since attracted about 111,000 members, despite being only revealed two weeks ago. As of this writing, the highest major transaction on the site so far
OpenSea, a nonfungible tokens (NFT) marketplace, has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) after allegedly being taken from a New York art gallery operator yesterday. One Clonex, seven Mutant Ape Yacht Club, and eight Bored Ape Yacht Club NFTs were taken in total, with a total
Decentraland, a decentralized metaverse project, will debut a virtual reality version of the historic Times Square during a New Year's Eve party that will overlap with the real-life celebration in New York City. The "MetaFest 2022 NYE Party" will occur at Decentraland's Estate 4
The play-to-earn model has quickly transformed a once-innovative concept of rewarding gamers into a viable business opportunity. Platforms from all around the world can now earn online tokens that can be exchanged for cash. But, on the other hand, these games can give participants more than just a source of
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Two days before Diogenes-Barrel's The Message auction on OpenSea ends on January 1, 2022. Regarding how actively the crypto community is spreading The Message, the picture of poop can easily surge in price to hundreds of millions. As of December 29, four bids had been placed on The
Meta4 Capital, a Miami-based Web3 focused investment management firm, was the recipient of one of Genesis Global Capital's first wholly NFT-backed loans, valued at $6 million. This loan is significant not just for its size but also because it only used nonfungible tokens (NFTs) as collateral rather than
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The world of Non-Fungible Tokens experienced a remarkable year, with sales this year eclipsing those of previous years. Over $300 million worth of sales were recorded this past week alone. According to data released by DappRadar, a popular app store for tracking transactions across different blockchains, the total trading volume