Shopify Now Lets Merchants Create, Mint, And Sell Avalanche NFTs
Published on 11 January, 2023
Shopify nonfungible tokens (NFTs) are now coming to a virtual storefront that you like. The e-commerce behemoth has enabled the sale of Avalanche NFTs on its websites. This will enable merchants to mint and sell NFTs from their e-commerce store....
Sacha Jafri Introduces Customized Rolls-Royces With NFTs
Published on 10 January, 2023
British luxury automaker, Rolls-Royce Motor, has partnered with world-famous modern artist, Sacha Jafri to unveil six hand-painted cars along with their nonfungible tokens (NFTs). Titled ‘The Six Elements’, the NFT collection features six distinct Phantom Extended Series II cars. Furthermore,...
NFT Sales Increased In The First Week Of January
Published on 9 January, 2023
January 2023 mini NFT Bull Run seems to have been confirmed, at least according to the sales story. As the market starts to recover from a severe 2022 second half, the 7-day volume of NFT sales in the first week...
Fanatics Offloads 60% Of Its Stake In NFT Company Candy Digital: Why?
Published on 7 January, 2023
Fanatics, a top sports merchandise brand, announced on January 5 that it is divesting its 60% stake in its nonfungible token (NFT) firm – Candy Digital. This radical decision comes through owing to the downturn of the sector in the...
Magic Eden Refunded Users Impacted By Unverified NFT Bug
Published on 6 January, 2023
On January 5, top Solana nonfungible token (NFT) marketplace Magic Eden faced an issue where unverified NFTs were showing up as part of the verified NFT collections. The platform has since resolved the issue and says that nobody will be...
Why Mythical Games Is Taking 3 Ex-Employees To Court
Published on 3 January, 2023
Blockchain gaming behemoth Mythical Games, developers of the largely successful title Blankos Block Party, are now suing three of their top-level ex-employees. This lawsuit surrounds a controversy that claims the three executives raised $150 million to launch their product while...
Trump NFT Collection Loses 80% In Value In 2 Weeks
Published on 2 January, 2023
The Trump NFT collection recently saw a massive plunge in value, offloading 80% of its value within 14 days. This market scenario raises the question: how did such a drastic drop in value happen? Here is something that you need...
Pokémon Sues Australian Firm Over NFT Collection
Published on 30 December, 2022
The Pokémon Company International has sued Australian firm Pokémon Pty Ltd for trademark infringement on their nonfungible token (NFT) game Pokéworld. The firm, also called Kotiota Studios, recently launched the play-to-earn (P2E) game. In that context, the Pokémon Company alleges...
OpenSea Has Banned Cuban Artists
Published on 30 December, 2022
The prominent nonfungible token (NFT) marketplace, OpenSea, has now made it clear that it has banned all Cuban artists because of the United States’ sanctions policy. Up to 30 Cuban collectors and artists do not have access to the marketplace....
Samsung Invests $35M In Latin America-Focused Metaverse Initiatives
Published on 29 December, 2022
The Samsung Latam Investment of more than $35 million marks a crucial moment in Web3. Furthermore, the South Korean tech giant is now strategically betting on the metaverse as the meeting place of the future. Thus, it wants to have...