OpenSea began 2022 with a bang and has so far managed to maintain this momentum. The leading NFT marketplace has broken another of its record, having hit a new all-time high in its trading volume. Barely two weeks into January, OpenSea’s monthly Ethereum trading volume has surpassed the $3.
Judging from its latest patent filings, retail giant Walmart may be positioning itself to enter into the metaverse space. The company reportedly filed seven new trademarks last month, signaling its interest to enter the industry. One of the filings also revealed Walmart’s plans to debut its own digital currency
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The decentralized finance (DeFi) sector of the cryptocurrency industry has been around for years, but for a long time, it didn’t receive too much attention. It consisted of small projects that were mostly ignored, as crypto users pursued trading and investing for the sake of HODLing alone, potentially not
How much do you think your selfie is worth? A 22-year-old Indonesian man has cashed out big from the NFT frenzy after selling his selfie images for more than $1 million. For the past five years, Sultan Gustaf Al Ghozali has been taking selfies of himself in front of his
One of China’s major universities has taken its business to the metaverse, making it the countries first academic institution to jump on the fast-rising trend. The Communication University of China has tapped on Baidu’s XiRang platform to replicate its physical campus on the metaverse. Interestingly, the institution already
NFT News
Galaxy Heroes has launched its NFTs marketplace as per a press release on January 10, 2022. The Binance Smart Chain (BSC)-based NFT marketplace is freely accessible to creators and projects that wish to mint cheaply and sell NFTs conveniently. NFTs Marketplace Launched Immediately after activation, the second GHC collection
Fans Controlled Football is a Los Angeles pro football sports league that enables fans to make decisions as regards teams playing live via their smartphones. Using their voting rights offered by their Non-Fungible Token, they call all the plays and vote on each play from diverse plays, and the players
Barrett- Jackson Scottsdale is a well-known event for the global collection of cars, wherein exotic cars and automobiles are offered to auctioneers, enthusiasts, and visitors during the nine-day event, which also doubles as the 50thanniversary of Barrett-Jackson. The elite collection of Barrett- Jackson comprises four vehicles that highlight the inaugural
Having invaded the art and gaming space, the NFT market has begun to expand its territories to other spaces and industries. However, although the current market is laudable, it has its shortcomings concerning users' experience. Conventionally, NFTs are largely desktop-focused; there is a limitation to how users can access
An erudition of editors on Wikipedia—a free user-generated encyclopedia—decided against designating nonfungible tokens (NFT) as a form of art and agreed to put the matter on hold until later. At the end of December, a poll and discussion on the platform centered on the priciest art sales by
The NFT marketplace, Nifter™, announced that it has performed a minting agreement with a Grammy-nominated singer, songwriter, and humanitarian, Melky Jean, to enroll a one-of-a-kind NFT for sale. Milky’s NFT hopes to be listed for sale by this quarter of the year. Melky Jean, the sister of the founder
Pegaxy, a completely futuristic horse racing simulation that combines ancient Greek mythology with contemporary cyberpunk looks while offering a highly competitive racing atmosphere, recently announced the release of the much-anticipated statistics and tracking dashboard for its platform. Stable owners now have access to a trove of data to help them
LÜM, a music platform based in the United States, is slated to unveil 25 partnerships with well-known musicians later this quarter as part of a relaunch with NBA Top Shot's Dapper Labs. LÜM CEO and founder, Max Fergus, is reported to have said, "We wanted to model
It is China's fear that its restriction on cryptocurrencies in the country might cost it to miss out on the economic advantages of the NFT boom. Therefore, before the country's crypto crackdown undermines the local NFT business, China plans to make a clear distinction between cryptocurrencies
According to a report by the Wall Street Journal (WSJ), Microsoft has lost about 100 employees to Meta’s metaverse efforts. As the race to enjoy the first-mover advantage in the metaverse intensifies, big tech firms are scrambling for skilled employees to fill up growing positions. Microsoft may have been
NFT News
Jerome Baker Designs, the customized glass pipe maker for celebrities, will introduce a series of bong-related nonfungible tokens (NFTs) alongside respective tangible assets early next month. The NFTs on FDCTech's Ethereum-based platform show each bong's unique glassblowing technique and offer additional benefits. They will be released