Opinions
Unbanked is a US-based firm that has been operating since 2018, creating a bridge between the crypto industry and traditional banking. With Unbanked, users get the same familiar experience they are used to from traditional banking and other financial institutions, but with a crypto-specific focus. Offering support from multiple cryptocurrencies,
Opinions
It’s no longer news that the crypto market is in a long-term bear market, and the general performance of the industry is significantly lower than in 2021. At present, BTC is still in a sideways trend. This phase seems to continue until the next bull market or bear market
Opinions
NFTs are more than just collectibles that represent something unique. Indeed, many NFTs have characteristics that provide real utility, either in the digital or in the physical world - and even both. However, most NFTs have been used only as collectibles to generate millions of dollars through speculation, ignoring their
Opinions
A primary component in NFT development is the creation of smart contracts. Solidity smart contracts are programming codes that reside within a decentralized ledger. Smart contracts play various roles when creating a solidity NFT, such as verifying ownership information and managing transferability. Also, you create an NFT smart contract to
Decentraland is all set to host its second annual Metaverse Music Festival (MVMF) next month. The event, slated to run from November 10-13, will be presented by digital asset exchange Kraken and will not require a ticket or any special hardware to participate. According to a Monday announcement, over 100
Chiru Labs, creators of the popular Azuki NFT project, has launched a new token standard called Physical Backed Tokens (PBT) to enable on-chain ownership of physical items. PBT is a new open-source token standard that ties a physical item to a digital token on the Ethereum blockchain. It works just
With many traditional brands jumping on the Web3 bandwagon, India-based eCommerce platform Flipkart has launched a new metaverse experience that allows consumers to discover products in a photorealistic virtual destination and shop on the firm’s app. Dubbed Flipverse, the virtual world was launched in partnership with eDAO. The first
In October, Mark Zuckerberg, believing that the metaverse is the next phase of the internet, took the bold step of changing the name of his company from Facebook to Meta. While several proponents of the technology envisage a virtual world where people can work, play, and live, developing the metaverse
In celebration of the 40thanniversary of the Masters of the Universe (MOTU) franchise, global toy manufacturing company Mattel will be launching a new NFT collection on November 9. Mattel has teamed up with the NFT-native digital toy company Cryptoys for the project, which will “bring Eternia into the world of
Over the weekend, Solana’s leading NFT marketplace Magic Eden announced that it had introduced an optional royalties model, which would give customers the freedom to decide how much royalties to pay to creators when purchasing items on its platform. 🧵After some difficult reflection and discussions with many creators, we’
Five persons have been charged in France for allegedly swindling NFT owners to the tune of $2.5 million. According to the prosecution, the suspects targeted holders of popular NFT collections like Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) through phishing operations. Unsuspecting victims were lured
Europe’s largest digital asset trading house CoinShares International Ltd. has launched an experimental Twitter bot to enable users to check the estimated fair market value of specific NFTs. According to the company, the CoinSharesNFTAI bot feeds various OpenSea data points to tested mathematical models to predict the fair price
Mike “Beeple” Winkelmann, one of the most successful NFT artists in the world, is looking to debut a real-world studio that will host NFT exhibitions. The famed NFT artist, who made headlines last year after his record-breaking $69.3 million NFT sale, shared a video on Twitter showing the construction
Uniswap Labs has raised $165 million in a Series B funding round led by Polychain Capital. Some of blockchain’s biggest venture firms participated in the round, including existing investors Andreessen Horowitz, Paradigm, Variant, and SV Angel. The decentralized exchange intends to channel the funds into the expansion of its
As part of a long-running NFT project, English artist Damien Hirst has burnt hundreds of his physical artwork, valued at around $10 million. Hirst, who is reportedly Britain's richest living artist, launched an experimental art project called "The Currency" last July. He created 10,000 paintings
NFT News
Gaming veteran Konami Digital Entertainment has announced that it is expanding its plans for NFTs and other Web3 services, such as the metaverse. The Japanese video game developer stated in a press release that it would be recruiting a “wide range of talent for system construction and service development to