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Unveiling ERC 404 – The Merging Of ERC 721 And ERC20

The newest token standard on the block, ERC404, integrates features of ERC20 and ERC721 standards. The experimental standard has been gaining lots of traction in the crypto space, with a staggering $87 million in trading volume on decentralized exchanges within the first week. Moreover, almost $1 million worth of ERC404 tokens have been traded on… Continue reading Unveiling ERC 404 – The Merging Of ERC 721 And ERC20

CyberKongz Introduced ERC-721x Standard For NFT Security

CyberKongz, the Ethereum-based nonfungible token (NFT) collection, has introduced ERC-721x, an enhanced token standard meant to improve NFT security with various features including a ‘Guardian Contract’. The creative minds behind the CyberKongz project, a famous Ethereum-based NFT collection, have unleashed a stronger version of the renowned ERC-721 nonfungible token standard, called ERC-721x. This token standard… Continue reading CyberKongz Introduced ERC-721x Standard For NFT Security

Ethereum NFT Creators Race to Safeguard Projects Amid Thirdweb Threat

Major Ethereum NFT marketplaces and project developers are now implementing various measures to help resolve a serious smart contract issue. Some developers of Ethereum NFT projects are now rushing to secure their collections after Thirdweb, a prominent crypto development platform, announced that it has had issues with its smart contracts since December 4. Thirdweb wrote… Continue reading Ethereum NFT Creators Race to Safeguard Projects Amid Thirdweb Threat

NFT Markets Awaken Amid Economic Downturn

NFT prices are continuing to rise, with November 6, 2023, marking their highest volume day in the last three months. One episode of The Simpsons prominently featured NFTs and sent an excitement wave through the market, powering the movement of derivative projects. CryptoPunks are holding over $90,000, potentially inspired by the news that BAYC co-founder… Continue reading NFT Markets Awaken Amid Economic Downturn

Coordinape Launched CoSoul, A Soulbound NFT For Web3 Work Tracking

Coordinape has introduced CoSoul, a soulbound NFT tracking work history within digital organizations. It is a free-to-mint, evolving digital asset on Optimism. Coordinape, a digital community platform has confirmed the launch of CoSoul, a soulbound NFT that helps track holders’ work history in the digitally-native organizations. The free-to-mint NFT, designed to work on the Ethereum… Continue reading Coordinape Launched CoSoul, A Soulbound NFT For Web3 Work Tracking

What Are xNFTs?

The Mad Lads trends within the nonfungible token (NFT) sector has introduced a new kind of NFT known as xNFTs. What are xNFTs? The ‘Executable NFTs’ are distinct digital assets that can run code. That makes them quite different from the traditional NFTs that have been mainly utilized as collectibles in music, art, and gaming.… Continue reading What Are xNFTs?

DAO4ART Is Revolutionizing Art Ownership And Creation With Royalty Tokenization

Prepare for a new era of art creation and ownership with DAO4ART. The rise of nonfungible tokens (NFTs) has introduced a new era of art ownership and creation. DAO4ART, a decentralized autonomous organization, is now revolutionizing the sector by integrating the ERC721 and ERC20 standards with a block structure to develop an incentive-compatible model. This… Continue reading DAO4ART Is Revolutionizing Art Ownership And Creation With Royalty Tokenization

Metaverse Firm The Nemesis Announces Launch Of NFT Car Collection ‘RC-NITRO’

The Nemesis, a Metaverse firm with a distinct hybrid model that smoothly unites Web2 and Web3, has confirmed the launch of their second nonfungible token (NFT) collection, RC-NITRO. Set to launch on November 1 with Early Access, and launching through public sale shortly after, RC-NITRO is the second NFT Collection from The Nemesis, featuring 8888… Continue reading Metaverse Firm The Nemesis Announces Launch Of NFT Car Collection ‘RC-NITRO’

GameStop’s NFT Marketplace Clears $5M In A Week, What Next?

GameStop appears to be slowly becoming a hybrid firm, locked between Web3 and brick-and-mortar. The company’s NFT marketplace surpassed the $5 million trading volume milestone on November 7. At a time when the general NFT market dropped by 60% in Q3 from an already decimated Q2, could it be the starting point of a trend?… Continue reading GameStop’s NFT Marketplace Clears $5M In A Week, What Next?

Venus NFT Platform Is Dedicated To Building A Value Metaverse

The non-fungible token (NFT) is the only crypto token that is used to represent digital assets. NFTs can be purchased and sold, just like any other tangible asset. The development history is much longer. The first attempt at NFT was in the initial stage of encryption technology. Colored coins from 2012 to 2013 were the… Continue reading Venus NFT Platform Is Dedicated To Building A Value Metaverse