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
NFT News
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
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
GameStop enjoyed an interesting business year, to state the least. At the turn of the year, the firm had a face-off with Wall Street hedge funds. However, after facing various bankruptcy fears, the firm has so far bounced back, with shares presently trading at $146.46 per unit. Before announcing
NFT News
Several years before the release of Adobe Photoshop, Alan Tibbetts produced three unique pieces of digital photos at the Lightspeed Computers in Boston in 1985. The proprietary graphics imaging software company was founded by an artist and entrepreneur, Francis Olshafskie, to use leading-edge photographers. Afterward, Alan made use of the
Kryptomon, an NFT Play-and-Earn blockchain game company where Pokémon meets CyptoKitties and Tamagotchi, has emerged as the first gaming firm in the world to develop a “living” NFT on the blockchain. The first of its kind within the crypto space, Kryptomon is distinct and allows participants, known as trainers, to
The art exhibition, which has been titled “Genesis 50+,” is set to take place between 30th December 2021 to 1st January 2022 and would offer an ideal platform for Pakistani artists to showcase their different talents while also helping to generate huge revenue for their arts community. The event, which
MetaGrail, a project that seeks to develop a united and interconnected social protocol matrix to serve decentralized social networks, has taken active steps to launch its website on January 1, 2022. Alongside its launch, there would be a gala marketing event with a 100 days airdrop campaign to provide new
Today NFT has permeated every aspect of our lives since they are convenient, authentic, and interactive in nature. They have encouraged interaction as NFTs can leverage and build on the success of other NFTs, making the exchange of physical products and the process of authenticating physical things easier. Evidence of
Metaverse
With the metaverse concept rising, Metaverse Alliance believes that it is the next iteration, blending the virtual world and the real one. The Alliance has announced a hackathon for the metaverse, a Metathon, if you will. The Metathon event is aimed towards giving different projects different opportunities to come forward
NFT News
After a long wait, there is finally some exciting news in the gaming community! There are more fantastic games that allow gamers to make money from the time they spend playing. The play-to-earn model has been adopted by hundreds of video games in recent years. League of Ancients is amongst
Ready Player Me, a company building a “connective passport for the metaverse” has raised $13 million in a funding round led by venture capital firm Taavet+Sten. Other investors that participated in the round include NordicNinja, Konvoy Ventures, Samsung Next, Tom Preston-Werner, co-founder of Github. The three-dimensional avatar platform is
NFT News
Today, Huobi NFT, which is the official non-fungible token (NFT) marketplace of Huobi Global, commenced registrations for its on-chain decentralized identity product. This product, popularly known as Huobi NFT ID, is a new product that would enable users to access various platforms, such as the Huobi NFT metaverse, exclusive NFT