Without fail, crypto has a way of humbling even the most self-assured and this market is definitely not for the faint of heart. NFT investors have entered what appears to be a bear market and the recent chaos is also impacting community morale. The decline in NFT prices occurred as the United States Federal Reserve …
Read more “NFT prices take a gut punch as the crypto bear market deepens”
Spotify has begun testing NFT features with a select few artists in the U.S. The news was first reported by Music Ally when a spokesperson for Spotify confirmed that: “Spotify is running a test in which it will help a small group of artists promote their existing third-party NFT offerings via their artist profiles”. The …
Read more “Spotify is testing new NFT features with music artists “
Okay, Bears has quickly become amongst the most popular collections of non-fungible tokens based on Solana. At the time of this writing in May 2022, the collection has also become the most actively traded one on OpenSea, surpassing the likes of the Bored Ape Yacht Club, Azuki, CloneX, and others. The following is a deep …
With the development of gaming platforms, virtual items have also become a popular method of monetization, but most games store data on private servers, giving gamers a reason to doubt their reliability and transferability. Developers can change the game policy at any time to maximize their profits. They are not obliged to consult users or …
Read more “Bots abound in NFT castle-building game League of Kingdoms”
Major music streaming platform Spotify is reportedly testing the option of nonfungible tokens (NFTs) galleries on musicians’ profiles. Should the tests appear successful, the embedment of NFTs would serve to improve artist and fan experiences. Reports surfaced on Friday that Spotify is running a test for select users of the platform’s Android app in the United …
Read more “Spotify reportedly tests NFT galleries on musician profiles”
The flexibility of big companies toward technology makes the space more interesting than ever before. Music Ally, a platform specializing in music and technology, reported last weekend that Spotify is launching a trial of new NFT features that let artists promote their non-fungible tokens (NFTs) on the platform. This Game is Real The new functionality, …
Read more “Spotify is Testing Features to Allow Artists to Promote Their NFTs”
QuickNode, a blockchain infrastructure platform supporting over 10 chains announced today, that to better serve its NFT customers, QuickNode has acquired icy.tools, a popular NFT analytics platform with a newly launched NFT API for developers. This acquisition will provide icy.tools with resources to accelerate their roadmap and vision and create the most reliable NFT API. …
These days it seems that everybody and their mother is either launching an NFT project or aping into one. Many well-known artists are getting wealthy off of their collections and sewer traders. NFT art is a very community-driven, and creative pursuit. With so many different collections taking off, wouldn’t it be cool if you could …
The mainstream appeal of non-fungible tokens has never been more outspoken than it is today. Everyone seeks exposure to NFT assets, representing a market worth roughly $17 billion. The introduction of white-label solutions and an interconnecting marketplace by Niftables may lead to much higher valuations. The NFT Industry Growth Continues The past two years have …
Famous guitar manufacturer Fender has filed three NFT-related patents to the United States Patent and Trademark Office. The patents would indicate an intent to make or protect its brand when it comes to creating, selling, or buying NFTs with the Fender brand name. According to GuitarWorld, Fender submitted a series of trademark applications relating to …
Read more “Is Guitar giant Fender quietly gearing up to enter the NFT space?”
Nonfungible tokens, or NFTs, are turning out to be a treasure store with prices striding into the millions of dollars. Instances of an NFT garnering more than $69 million or a tweet fetching $2.9 million are not a fantasy, but an incredible reality. In 2021, an NFT by digital artist Beeple, or Mike Winkelmann, sold …
[PRESS RELEASE – Please Read Disclaimer] Got used to enriching with tokens while sitting indoors all alone? Forgot what the fresh air is? Can hardly remember the last time you were running? Imagine that you receive the perfect chance to manage your NFTs and earn tokens by such non-trivial things as walking or jogging. Ain’t …
Read more “AMAZY Makes a Step Forward With Stylish NFT Sneakers, Move2Earn, and More”
MetaMetaVerse, the platform aiming to become the first metaverse marketplace, announced the debut of MetaShip NFTs on the OpenSea marketplace on Friday. The collection contains 5,016 distinct NFTs, each with its own set of traits and features, and will play an essential role in the upcoming MetMeVerse scenario. Moving With MetaMetaVerse The NFT launch will …
Read more “MetaMetaVerse Drops 5,000 Unique MetaShip NFTs to Facilitate Cross-Metaverse Travel”
[PRESS RELEASE – Please Read Disclaimer] Apart from rewarding stakers and providing a place for trading NFTs, the project seeks to address some of the major limitations of the NFT industry. Mainly, it seeks to boost liquidity and trading capabilities, which is why it is gaining traction fast. The Howling Wolves theme The Howling Wolves …
Emirates Airlines has embraced blockchain and other advanced technology. It is moving forward with the implementation and looking to expand into new tech. The world’s leading international airline Emirates revealed today its intention to make Bitcoin (BTC) a method of payment. Dubai-based airline operating flights to over 130 international destinations will adopt Bitcoin and customers …
Read more “Emirates Airline Embraces Bitcoin, NFTs & The Metaverse”
When it comes to blockchain transactions, some mistakes are irreversible and could cost one a fortune. Sadly, though, every now and then, crypto investors make these as the most recent one was from the owner of Ape #6462, who sold the NFT for $200 USDC. BAYC Holder Sells Ape #6462 for $200 On Sunday, Boredapebot, …
Earlier this week, former English football star Michael Owen, alongside his business partner Oceidon, a Guernsey-based blockchain technology provider, rolled out a new non-fungible token (NFT) project dubbed Legacy. However, it quickly drew criticism. An NFT Collection That Doesn’t Lose Value? The partners claimed that the NFT collection was designed in such a way that …
Read more “Michael Owen Criticized for Bold Claims That His Legacy NFT Collection Can’t Lose Value”
The fever-pitch euphoria of nonfungible tokens (NFT) reached its proverbial all-time highs in the hours preceding the calamitous gas wars of the Otherside metaverse land sale. But by most reputable accounts, following almost a year of frantic exponential growth, rife speculation and cultural spotlighting, the market was long overdue a respite. A hiatus from minting …
Read more “NFT visionaries are doubling down on community ethos amid a bearish cycle”
At the beginning of May, the British Web3 community celebrated an important legal precedent — the High Court of Justice in London, the closest analog to the United States Supreme Court, has ruled that nonfungible tokens (NFT) represent “private property.” There is a caveat, though: In the court’s ruling, this private property status does not …
Read more “UK Court recognizes NFTs as ‘private property’ — What now?”
Crypto has been on a downward slope the past couple of weeks – and NFT is going the same direction with the decline in dollar value. TerraUSD and LUNA both dipped in value registering a tremendous loss of 99%. With UST (pegged with US dollar) now trading at $0.13, LUNA has managed to move to …
Read more “NFT Prices Take A Beating After Crypto Market Chaos”