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Neon CEO Narrates The Birth Of First NFT ATM In New York

Jordan Birnholtz, the co-founder and chief marketing officer of Solana-based non-fungible marketplace Neon, has shared the story about the birth of the first-ever NFT ATM in the financial district of New York. In a March 2 short interview, Birnholtz explained how the first-ever automated teller machine (ATM) for non-fungible tokens (NFT) came to life in… Continue reading Neon CEO Narrates The Birth Of First NFT ATM In New York

Magic Eden And Yuga Labs Collaborate To Unleash A New Ethereum-Based NFT Marketplace

Yuga Labs has formed a partnership with Magic Eden to launch a new NFT marketplace powered by the Ethereum blockchain. The venture highlights the commitment to leveraging blockchain technology to support content creators. The Magic Eden Ethereum marketplace, expected to be launched by the end of the year, distinguishes itself by being contractually bound to… Continue reading Magic Eden And Yuga Labs Collaborate To Unleash A New Ethereum-Based NFT Marketplace

AliExpress Introduces NFT Sales In Conjunction With Moment3

AliExpress partners with The Moment3 for NFT sales, investing in the Web3 space. Explore their partnership in the expanding NFT market. The global e-commerce platform, AliExpress, is a subsidiary of Alibaba Group. It has announced a partnership with The Moment3 for the sale of 5,555 nonfungible tokens. This Strategic partnership marks AliExpress’ growth into the… Continue reading AliExpress Introduces NFT Sales In Conjunction With Moment3

Reddit Partner With Ubisoft To Offer Free Rabbid NFTs

The NFT space keeps evolving as more mainstream institutions keep joining the market. In that context, Ubisoft’s Rabbids continue setting standards in the world of NFTs. In an interesting move for the gaming world, Ubisoft has confirmed its partnership with Reddit to provide free Rabbid-themed NFT avatars for Reddit users. The digital collectibles are available… Continue reading Reddit Partner With Ubisoft To Offer Free Rabbid NFTs

IRS Invokes Public Opinion On NFT Tax

The United States Internal Revenue Service (IRS) has confirmed its intention to tax nonfungible tokens (NFTs) at a higher rate than already set in place. Nevertheless, the agency has also declared its interest in seeking public opinion on the implementation of the new tax rules and regulations. Are NFTs Collectibles? The IRS appears to be… Continue reading IRS Invokes Public Opinion On NFT Tax

PetaRush Animal Racing Game Opens New Utility For NFT Collectors

PetaRush, an up-and-coming NFT racing game sold out all of its collectibles and launched a demo version while integrating different nonfungible token (NFT) IPs. Linking the gap between the NFT and blockchain gaming sectors has been a major challenge for crypto enthusiasts and developers alike. Large NFT collections aim to incorporate utility and bring advantages… Continue reading PetaRush Animal Racing Game Opens New Utility For NFT Collectors

EU’s First NFT Vending Machine Coming To London Next Week

The advent of the nonfungible token (NFT) vending machines from MyNFT can be considered a major innovation in the Web 3.0 ecosystem. That is the case since it has the primary desire of bringing digital collectibles nearer to the average man. Bitcoin Automated Teller Machines (ATMs) might be an incredible wonder of the technology world.… Continue reading EU’s First NFT Vending Machine Coming To London Next Week

NFTs To Be Regulated Like Crypto Under MiCA Law – EU Official

This MiCA law would result in the issuers of nonfungible token (NFT) collections publishing the ‘white paper’ that originally conveys all the information about the protocol used by the NFT. Based on an announcement at the Korea Blockchain Week, Non-Fungible Tokens (NFTs) will be treated as cryptos and regulated similarly under the Market in Crypto… Continue reading NFTs To Be Regulated Like Crypto Under MiCA Law – EU Official

COVID-19 Turned Shanghai NFT City, As OpenSea Listed Hundreds During Lockdown

The latest data analysis confirmed that Shanghai, China’s central coast city and global financial hub, experienced robust non-fungible tokens (NFT) adoption during the Covid-19 pandemic. In response to escalated pandemic-related lockdown at the time, Shanghai residents listed hundreds of artworks on the NFT marketplace OpenSea. During the recent outbreak of the Covid-19 pandemic, Shanghai experienced… Continue reading COVID-19 Turned Shanghai NFT City, As OpenSea Listed Hundreds During Lockdown

Annual NFT Conference “NFT LA” Reviews NFT Adoption And Their Future On Web3

The annual conference prepared to extensively discuss the adoption of the non-fungible tokens (NFT) ended well last week. The NFT LA meeting brought together several crypto experts weighing in their thoughts on Web3, innovative use cases, and the future of non-fungible tokens. It is worth noting that non-fungible tokens exploded in popularity early last year… Continue reading Annual NFT Conference “NFT LA” Reviews NFT Adoption And Their Future On Web3