NFT Worlds was compelled to move away from Minecraft, but now known as Hytopia, the project is preparing to launch the game on its chain. When Minecraft said it would ban NFTs from one of the world’s largest games in 2022, one blockchain project specifically was hit the hardest: NFT Worlds. Two years later, the… Continue reading Minecraft Banned NFTs Pushing ‘NFT Worlds’ To Build Its Crypto Game
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LooksRare Impacts NFT Market With User Rewards, Destabilizes OpenSea Fees
LooksRare was introduced as a community-centric NFT marketplace, offering various rewards and lower fees to challenge established players such as OpenSea. LooksRare, a new operator in the non-fungible token (NFT) marketplace, launched with a mission to revolutionize how NFT collections on the Ethereum blockchain get indexed and traded successfully. Co-founded by anonymous figures Guts and… Continue reading LooksRare Impacts NFT Market With User Rewards, Destabilizes OpenSea Fees
A Trader Made $13 Million Selling An Early Ethereum NFT Collection
The $14.5 million sale of 10 Autoglyphs marks one of the largest non-fungible token (NFT) trades recorded on-chain. A high-value NFT trader has just realized a $13 million profit after they sold 10 early Ethereum NFTs they acquired around three years before. This pseudonymous trader, who goes by the name OldSchoolCollection on NFT marketplace OpenSea,… Continue reading A Trader Made $13 Million Selling An Early Ethereum NFT Collection
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
DSCVR Web3 Social Media Platform Expands On Solana
DSCVR, the biggest Web3 social media and community-building platform, recently confirmed its partnership with the Solana Ecosystem. On that note, DSCVR wants to expand its tokenized communities and crypto asset components to Solana’s quickly growing user network. The timing of this partnership aligns perfectly with the forthcoming Solana Breakpoint event, an annual conference aimed at… Continue reading DSCVR Web3 Social Media Platform Expands On Solana
Animoca Brands Acquires $20 Million to Develop Mocaverse Project
Animoca Brands has garnered attention with its successful effort to secure substantial funding commitments, intended to accelerate the progress of its ambitious Mocaverse project. In this funding round, the company successfully raised $20 million by issuing new ordinary shares. Notably, investors participating in this round were also provided with utility token warrants, which matched on… Continue reading Animoca Brands Acquires $20 Million to Develop Mocaverse Project
Lufthansa Enhances Customer Loyalty With NFTs
In another notable move to active customer engagement with blockchain technology, the Lufthansa Group, the parent company of one of the biggest airlines in the world, has confirmed the launch of an NFT-based loyalty program known as Uptrip. The program, nonetheless, is not limited to Lufthansa only, its subsidiaries such as Swiss International Air Lines… Continue reading Lufthansa Enhances Customer Loyalty With NFTs
GalaChain’s Launch Complemented With NFT Mystery Boxes Release
In a recent official announcement, Gala Games announced its intention to transition unsold and reserve nonfungible token (NFT) game items from the Ethereum network to their recently developed proprietary blockchain called GalaChain. Notably, this adaptation promises to enable gamers to interact with their NFTs without having to pay Ethereum’s gas fees. Moreover, this change is… Continue reading GalaChain’s Launch Complemented With NFT Mystery Boxes Release
Zora’s New Revenue Split Model Increases Money For Creators
In the ongoing discourse surrounding artist royalties, prominent NFT minting platform Zora undertakes a courageous move to bolster creators by revising its revenue-sharing framework. Acknowledging the significance of equitable compensation for artists, the platform is actively striving to enhance their financial well-being. Is The Zora NFT Platform The Solution To NFT Revival? Zora’s platform charges… Continue reading Zora’s New Revenue Split Model Increases Money For Creators