The popular NFT marketplace X2Y2 announced it will no longer make buyers pay royalties on certain NFT purchases, sparking debate on the importance of such payments to the industry. Royalty payments have become a cornerstone of the growing non-fungible token (NFT) industry, allowing artists to...
(CNN)âShortly after theFBI searched his Mar-a-Lago homeearlier this month, former President Donald Trump fumed on social media about agents rummaging throughhis wife's clothing and personal items. "Just learned that agents went through the First Lady's closets and rummaged through her...
Racing behemoth Formula Onehas filedtwo trademarks related to non-fungible tokens and crypto for the Las Vegas Grand Prix event, which is expected to take place in November 2023.As per the filings, Formula One plans to offer virtual goods in the form of sporting equipment, virtual clothing,...
The rap legends will return to the award show after over a decade with their song âFrom the D to the LBC.â Image: "From the D to the LBC" on YouTube. Snoop Dogg and Eminem will bring theirBored Ape Yacht Club(BAYC) NFTs to the VMAs this Sunday,performing from inside Yuga Labsâ...
Chingariâs Creator Cuts NFT marketplace will empower the creators by offering a unique financial and community engagement opportunity. The platform will offer both â creators and NFT owners â rewards in its native cryptocurrency GARI tokens. On Monday, August 22, on-chain social media...
Despite warnings on Crypto Twitter, NFT project SudoRare has disappeared from social media along with more than $800,000 in user funds. NFTs. Image: Shutterstock SudoRare, anNFTplatform that forked from SudoSwap and LooksRare, is just the latest crypto projectto run offwith users' funds. The...
Many people donât even know what an NFT is (itâs a ânon-fungible tokenâ) or how to buy one. This Trojan startup aims to take care of that. Just what is an NFT? Essentially, itâs a unique piece of digital art that is certified using blockchain, an immutable record of ownership....
Key Takeaways NFT exchange SudoRare scammed users out of about $820,000 in various crypto tokens Tuesday. Immediately after the incident, the anonymous developers behind the project deleted the exchange's website and disappeared from Twitter. Blockchain security firm PeckShield has linked one...
XCOPY reportedly had a big payday, but the artist has yet to acknowledge the sale. This article originally appeared on Lucky Trader:Donât Panic by XCOPY Sells for 500 ETH Donât Panic, an NFT artwork created by famous artist XCOPY in February 2019, recently sold for 500 ETH, or $805,895. The...
The collection of pixelated face profile pictures took over the top spot of NFT floor prices for the first time since December as both collections continue to plunge in value. The floor price for CryptoPunk non-fungible tokens (NFT) briefly passed that of rival blue chip collection Bored Ape...
Quick take: NFTs are turning out to be a gem for fashion brands. Leading brands have generated at least $1 million for a total of $260 million. Nike tops the list with a whopping $185 million revenue from NFT sales. Non-fungible tokens (NFTs)are becoming an exciting revenue channel for...
It shouldn't come as a surprise that celebrities have been slow to adopt crypto, even when mass commercialization is around the corner. Iâve always wondered what wouldâve happened had Taylor Swiftâs first re-recorded album, âFearless (Taylor's Version),'' been released as a...
Metagameâs founder, whoâs behind the NFT offering, said he has no idea whether itâll actually incentivize hackers to return funds, but itâll âbe cool if it does!â Metagameâs founder, whoâs behind the NFT offering, said he has no idea whether itâll actually incentivize hackers...
Illustration by Alex Castro / The VergenoneNon-fungible tokens or NFTs are sold on the promise of âownership,â but a new review suggests many creators and buyers still have no idea what that means. A review from blockchain investment company Galaxy Digital finds that only one of the 25 most...
Rich Fury / Forum PhotosnoneThere hasnât been any shortage of musicians getting involved in the growing NFT (non-fungible token) arena. ButMuseâs âWill of the Peopleâ album, coming out this Friday, still looks to be a first of sorts, as far as adding a fairly straightforward,...
Non-fungible tokens exploded in popularity last year, with plenty of famous celebrities using their following in order to promote the new crypto craze.Their promotional efforts didnât go in vain. According to anew surveypublished by Washington, D.C.-based think tank Pew Research Center, 49%...
Nonfungible tokens give major brands new ways of interacting with their consumers spanning art, fashion and gaming. Nonfungible tokens give major brands new ways of interacting with their consumers spanning art, fashion and gaming. The hype surrounding nonfungible tokens (NFTs) has allowed...
Faulty auction mechanics highlighted the downside of letting people borrow money against their Bored Apes. NFT-collateralized crypto loans platform BendDAO looked to right itself Monday after lurching through a nearly disastrous liquidity crisis over the weekend, a situation that underscored...
The Bored Apes have been sitting pretty all year, but the CryptoPunks may be seeing a second wind. ByAndrew HaywardandRyan Ozawa For a brief, shining moment Sunday morning, the CryptoPunks flipped the Bored Ape Yacht Club, the floor price of the veteran NFT collection topping that of the...
Frank Stella ,Geometry XXII, 2022Courtesy of ArsnlnoneThe Artist Rights Society, an organization that helps artists with copyright and licensing, is inaugurating a new Web3 platform. TitledArsnl, it will launch on September 9 with a series ofNFTsbyFrank Stella. Stella may be most widely known...
As âofficialâ CryptoPunks owners get IP licensing rights, Yuga says thereâs nothing in the works around the divisive âV1â versions. A selection of Wrapped V1 CryptoPunks NFTs. Image: V1 Punks The revival of scrappedâV1â CryptoPunks NFTsfrom Larva Labsâ originalbug-ridden 2017...
Vinyl Fish Club News provided by Aug 18, 2022, 08:39 ET An exclusive, inclusive, sensory experience. WEST PALM BEACH, Fla.,Aug. 18, 2022/PRNewswire/ --The NFT restaurant phenomenon has arrived inWest Palm Beach. Vinyl Fish Club (VFC), aSouth Floridarestaurant concept, goes "beyond the...
Despite the recent general crypto market dump, non-fungible tokens (NFTs) continue attracting brands, celebrities, and public figures. Mel Tucker, an American football coach and the head of sports at Michigan State University, is the latest celebrity joining the NFT space. On August 18, 2022,...
Fractional, a protocol that allows the collective ownership of nonfungible tokens,announced Wednesdaythat itâs rebranding as Tessera, and also revealed that it raised $20 million in early-stage funding led by Paradigm. The Series A funding was raised earlier this summer and...
The platform Arsnl will launch with works by Frank Stella. Frank Stella. Courtesy of Arsnl.The Artists Rights Society, an organization that for 35 years has advised artists on copyright and licensing matters, has expanded its efforts into the digital space with the announcement of a new NFT...
Photo Credit: Kobalt Kobalt says it plans to release a lyric NFT collection called An Electro Revival. Kobalt says its the first global music publisher to release a set of fully licensed direct-to-fanNFTs. The collaboration comes with Ghanaian visual artist, Afroscope. Each of the digital art...
Key Takeaways Fears of a potential liquidation cascade in the NFT market have circulated social media today as one Crypto Twitter user pointed out a large number of Bored Ape Yacht Club NFTs used as collateral were nearing liquidation points on BendDAO. BendDAO is an âNFTfiâ project that...
The limited edition digital packs came at a retail price of 34.39 USDC each, raising over $130,000 after it sold out in the first drop. The limited edition digital packs came at a retail price of 34.39 USDC each, raising over $130,000 after it sold out in the first drop. The Australian...
Key Takeaways sudoswap is a decentralized NFT marketplace built on Ethereum. It adopts an automated market model similar to Uniswap, hosting liquidity pools for NFTs rather than standalone listings. sudoswap's design offers several advantages for NFT trading over other venues like OpenSea,...
The NFT fractionalization platform is now known as Tessera, which aims to make it easier for anyone to buy into valuable assets. A Bored Ape NFT. Image: Shutterstock Many of us will never own aCryptoPunkor aBored Ape Yacht Clubavatar, or one of many other uber-expensive âblue...
Courtesy of Fox Corp.noneFox Corp. operates the only one of the four major U.S. broadcast networks that isnât tied to a major direct-to-consumer subscription streaming play. The company also is the only one among its peers that has launched a dedicatedWeb3 and NFT division. Those two things...
And that story better keep the degens excited. Performers Tyra Cartledge and Kendall Drury takes part in a virtual production connected to ZED RUN, the NFT-based digital horse racing game, on July 19, 2021 in Sydney, Australia. (Photo by Lisa Maree Williams/Getty Images)âItâs very clear to...
NFT art has plenty of issues. But with the right tech, it could become totally normal in a few years. When I began my quest to understand NFTs, I did not think I would end up buying one. Yet there I was, scanning a QR code with my phone in the middle of an art exhibit, spending $69 of my own...
Source: AdobeStock / AndreaAmid the ongoing surge in the so-called 'creator economy' which allows creators to monetize their work in new ways, non-fungible token (NFT) platformPlayNFTis launching a new marketplace to allowTwitchstreamers andYouTubecreators to roll out branded NFTs with in-game...
Who will build ApeCoin DAOâs NFT marketplace? Rarible throws its hat in the ring after Magic Eden, Snag Solutions make pitches. Bored Ape NFTs. Image: Shutterstock Magic Edenâs pitchto build an exclusiveBored Ape Yacht ClubNFT marketplace for theApeCoincommunity has some competition:...
HONG KONG, Aug 16 (Reuters) - Chinese internet giant Tencent Holdings'(0700.HK)non-fungible token (NFT) platform Huanhe will no longer release digital collectibles to the public, it said on Tuesday, as regulatory scrutiny of NFTs mounts in the country. The Shenzhen-based company said that...
Who will build ApeCoin DAOâs NFT marketplace? Rarible throws its hat in the ring after Magic Eden, Snag Solutions make pitches. Bored Ape NFTs. Image: Shutterstock Magic Edenâs pitchto build an exclusiveBored Ape Yacht ClubNFT marketplace for theApeCoincommunity has some competition:...
HONG KONG, Aug 16 (Reuters) - Chinese internet giant Tencent Holdings'(0700.HK)non-fungible token (NFT) platform Huanhe will no longer release digital collectibles to the public, it said on Tuesday, as regulatory scrutiny of NFTs mounts in the country. The Shenzhen-based company said that...
The streamer starts her own platform. via Essentially Sports The popular streamerAmouranthrecently announced her plans to take on the platform OnlyFans by helping to launch an âadult NFT marketplaceâ calledShush Club. This comes in the wake of news that Amouranth will soon be starting up an...
Photo: with permission Julius Rooymans An Amsterdam foundation is planning to digitally cut Rembrandtâs most famous painting, the Nightwatch, into 8,000 pieces and sell them as NFTs (non-fungible tokens) for up to âŹ260 apiece. The Amsterdam-based Rembrandt Heritage Foundation, which...
Video game retailerGameStop Corp.launched an NFT marketplace earlier this year as it lookedto grow its presence in the Web3 space. The company shared an update on launching more gaming-related NFTs on its platform. Here are the details. What Happened:GameStop launched itsNFT marketplacewith new...
Popular Ethereum competitor Avalanche has gained double-digits as NFTs on the network gain traction. Avalanche (AVAX). Image: Shutterstock Avalanche(AVAX) is leading the gains among the top-20 largest cryptocurrencies by market capitalization. AVAX, the coin powering the layer-1 blockchain,...
Key Takeaways FLOW is up over 50% today. The rally comes after Meta announced it would expand its Instagram NFT feature to support Flow NFTs. The NFT market has been hard hit in the ongoing crypto slump, but Meta is betting big on the technology as it strives to build out the Metaverse. FLOW is...
Image: Mighty Bear StudiosWeb3 gaming still has its upsides, if done right with more focus on game quality, veteran developer Simon Davis tells Axios. Why it matters:The NFT/Web3/blockchain part of the games industry hasbillions of dollarsof investment but is surrounded by skeptics. For some, a...
The first digital collectibles launch on September 15 LOS ANGELES--(BUSINESS WIRE)--Today, Zelus, the easy-to-use multichain wallet, has partnered with JokeTown, a platform for comedians. As part of the ongoing collaboration, Zelus and JokeTown will release a series of novelty product drops,...
Redditors discussed various strategies on how they pick the next NFT collection they will invest in. Redditors discussed various strategies on how they pick the next NFT collection they will invest in. Since it may be a good time tobuy nonfungible tokens (NFTs)as the floor prices are lower, a...
A valuable CryptoPunk NFT is to be fractionalized as more than 56,000 addresses sign up for a share of ownership. A valuable CryptoPunk NFT is to be fractionalized as more than 56,000 addresses sign up for a share of ownership. Nonfungible tokens (NFTs) continue to capture the imagination of...
The entertainment industry is getting serious about NFTs. For example,The Walking Dead metaversehas seen massive success in the Web3 space, and evencomic book publishers have used NFTsto change how they interact with their fanbases. Now, a major television broadcast network is doing the same....
NFT heists are hitting the news. Here how you can protect yourself, saysIndrÄViltrakytÄ, co-founder of theThe Rebels. Phishing attacks are not new. Sometimes, they are easy to spot. Like when the prompts come with a request to send your banking information to a prince from a far-away...
Wisekey International Holding SAAugust 12, 2022 01:00 ET WISe.ART to auction iconic NFT ofAntonio Banderasat the2022 StarlitePorcelanosaGalaCeremonyinMarbellaonAugust14, 2022 The NFT created by world-renowned artistPedro Sandovalwill be auction during the Starlite Porcelanosa Gala in Marbella,...
Where are you from? (Provide a little bit of your background, have you moved etc) I was born in Bulgaria but Iâve been living in the Netherlands for almost two decades now. I grew up in suburban Sofia in the years after the fall of the Berlin Wall and the end of Communism. It was a strange and...
Korean electronic goods producer Samsung Electronics recently signed a memorandum of understanding (MOU) with six companies that will collaborate to build the Galaxy NFT ecosystem. Galaxy NFT Ecosystem South Korean electronics maker, Samsung Electronics, recently signed a memorandum of...
As the top Solana NFT marketplace pushes into Ethereum, it wants to build a trading platform for Bored Apesâwith benefits for holders. Apecoin is the token powering the Bored Ape Yacht Club-adjacent DAO. Image: Shutterstock. LeadingSolanaNFT marketplaceMagic Edenonlyannounced its entry...
With Wednesdayâs positive reaction toCPI data, the NFT market saw liquidity coming into the space. However, we must not forget that although the numbers were encouraging they are still very high. Bitcoin is crawling to make new higher highs. Ethereum is more convincing, but we are not seeing...
On August 2,during a panel at Korea Blockchain Week, European Union (EU) Advisor Peter Kerstens offered new insights intothe EUâs attemptsto create broad regulatory measures in the crypto and NFT spaces. According to Kerstens, under the Markets in Crypto-Assets (MiCA) law, NFT collections...
On August 2,during a panel at Korea Blockchain Week, European Union (EU) Advisor Peter Kerstens offered new insights intothe EUâs attemptsto create broad regulatory measures in the crypto and NFT spaces. According to Kerstens, under the Markets in Crypto-Assets (MiCA) law, NFT collections...
A consumer watchdog group reminded them that they need to disclose their connection to an NFT collection when they promote it on social media. Celebrities have been quick to jump into NFTs, but their motivations for doing so may be confusing to fans. Truth in Advertising, a consumer...
Cameo co-founder Steven Galanis said his Apple iCloud was compromised, leading to a loss of over $200,000-worth of crypto assets. The Bored Ape Yacht Club NFT stolen from Cameo founder Steven Galanis. Yuga Labs/OpenSea Owning aBored Ape Yacht Club NFTputs a target on your back for scammers...
BigFoot Town, the NFT trading suite platform that aims to create the next avid community of NFT believers and DAO builders, is today announcing the launch of its eponymous 'BigFoot' Solana NFT Collection. Holders of a BigFoot NFT will gain early access to the company's partner Dapps and a suite...
PRESS RELEASE.As inflation soars & opportunities begin to diminish, an increasing number of individuals all over the world are turning to raffles, lotteries & other gambling endeavors as their only means of escape. The problem is, there is no way to prove beyond any doubt that any on...
Leading generative art platform fx(hash) records over $3,800,000 in sales in July. Tezos NFT art community 1-of-1 Month notches over $300,000 in primary market sales. Tezos hits record smart contract deployment stats as more dapps launch on the Proof-of-Stake network. The...
VANCOUVER, British Columbia--(BUSINESS WIRE)--NFT Technologies Inc.(NEO: NFT) (the âCompanyâ or "NFT Tech"),a leading technology company mainstreaming decentralized ownership, NFTs and the metaverse for public markets, announced today its partnership withSonyâs Hawk-Eye Innovationsto...
As Moonbirds and XCOPY artwork both transition to CC0 licenses, hereâs a look at why creators are embracing the public domain. Moonbirds (left) and XCOPY's artwork are entering the public domain. Image: Proof/XCOPY Moonbirdsis one of 2022âsmost successful NFT projects, yielding more than...
For just 0.5 ethereum, you can become the proud owner of an exclusive NFTuck. Hopefully that sentence made sense to someone out there. Here's a sentence that sure to send your grandfather into hypnosis: A Mel Tucker NFT can be purchased for just 0.5 ethereum. What is an NFT? It stands for...
Image: Mark Zuckerberg (Instagram)noneOther than âturning up the heat a little bitâ on Meta employees who shouldnât be there andhitting the metaverse runway, Mark Zuckerberg is highlighting Instagramâs expanded NFT support. The founder and CEO took the opportunity of announcing expanded...
Photo by Amelia Holowaty Krales / The VergenoneTextbook publisher Pearson suggests blockchain tech could let it take a cut of secondary textbook sales, capturing a section of the book market thatâs so far escaped it.As quoted byBloomberg, Pearson CEO Andy Bird believes non-fungible tokens, or...
Anyone can buy the newly launched NFTiff, but Punk holders who own an NFTiff can also redeem it for a custom pendant. Anyone can buy the newly launched NFTiff, but Punk holders who own an NFTiff can also redeem it for a custom pendant. On Monday, the trading volume of CryptoPunks, one of the...
One Reddit user collected quotes from NFT haters on the internet and famous skeptics like Warren Buffet, Peter Schiff and Dan Olson. One Reddit user collected quotes from NFT haters on the internet and famous skeptics like Warren Buffet, Peter Schiff and Dan Olson. A Redditor made it his...
Following a series of testing phases, NFT integration is now live on Instagram across 100 countries. Social media giant Meta (META) has started to roll out non-fungible tokens (NFT) across 100 countries after integrating with Coinbase (COIN) Wallet and Dapper. Meta's founder...
Over 1 million unique wallet addresses were involved in the minting process, signaling that nonfungible token market activity remained strong. Over 1 million unique wallet addresses were involved in the minting process, signaling that nonfungible token market activity remained strong. According...
âThereâs always a little bit of humor in my art. Thereâs always a little bit of sarcasm.â Image: Jimmy Edgar. For musician and visual artist Jimmy Edgar, NFTs are intangibleâbut thatâs not a bad thing. In themusic world, Edgar has worked with the likes of Vince Staples, Charli...
Blockchain-based games are becoming increasingly popular. Add in the potential to earn money while playing and youâve got a recipe for success! Play-to-earn games allow you to gain a small fortune by enjoying yourself in one of the most exciting NFT projects to date. Without further ado,...
Instagramâs NFT initiative now includes more than 100 countries, including collectibles from the Flow blockchain. Over a billion people use Instagram each month. Image: Shutterstock Instagram is expandingits NFT initiativeinternationally to more than 100 countries, parent company Meta...
In a major change for the popular NFT project, Kevin Rose, founder ofMoonbirds,announced on Twitterthat both Moonbirds and Oddities will move to a CC0 license. CC0, otherwise known asCreative Commons, simply means âno rights reservedâ on intellectual property. Itâs a form of copyright...
Starbucks will unveil its web3 initiative, which includes coffee-themed NFTs, at next monthâs Investor Day event. The company earlier this yearannounced its plans to enter the web3 space, noting its NFTs wouldnât just serve as digital collectibles, but would provide their owners with access...
Expect to start seeing more NFTs on Instagram. Meta CEO Mark Zuckerberg on Thursday said Instagram support for NFTs is expanding tomore than 100 countries. The feature will let artists, businesses and others across Africa, Asia-Pacific, the Middle East and the Americas share NFTs on...
One of the earliest NFT projects is seeing renewed interest thanks to the iconic jewelry brand. A selection of CryptoPunks NFT avatars. Image: Yuga Labs The sales volume of the CryptoPunks NFT collection has spiked over 248% in the last 24 hours, sparked by an exclusive offer from iconic...