The world of non-fungible tokens (NFTs) has exploded in recent years, with record-breaking sales coupled with a thriving community of collectors and developers. Nonetheless, one major hurdle that keeps hindering the mass adoption of NFTs is high gas fees. Here, we will explore the concept of gas fees for NFT transactions and offer proven methods… Continue reading How To Reduce Gas Fees In NFT Transactions
Tag: business
GameFi NFT Launchpad To Debut In OKX-Immutable Partnership
OKX and Immutable are pOKX and Imartnering in a new deal. Interestingly, the new partnership will unleash a GameFi NFT Launchpad and perfectly integrate Immutable’s zkEVM chain into the OKX Wallet and Marketplace. Such advancements are expected to change user interaction with digital assets and non-fungible tokens within gaming. The collaboration will involve a dedicated… Continue reading GameFi NFT Launchpad To Debut In OKX-Immutable Partnership
Parallel Teases Open Beta Launch: What To Know
After several months of anticipation, Parallel – the highly expected card-battling game – is finally teasing its open beta plans. This game’s closed beta phase, which slowly enabled more players to join in on the action, is now paving the way for a bigger release. Open Beta Plans Revealed The initial announcement surfaced on Twitter… Continue reading Parallel Teases Open Beta Launch: What To Know
Saudi Ministry Of Culture And droppGroup Introduce ‘Cultural Universe’
The Saudi Ministry of Culture, in partnership with droppGroup and Oracle, confirmed the launch of the ‘Cultural Universe‘, a government-operated national Metaverse initiative for exploring Saudi culture and heritage. Operated by droppGroup’s Generative Media Intelligence (GMI) AI system, droppPhygital, and Oracle’s Hyperledger Fabric 2.5 blockchain network, the initiative went live on February 22, 2024, aligning… Continue reading Saudi Ministry Of Culture And droppGroup Introduce ‘Cultural Universe’
Palm Collective Opened Doors For Artists To Display At NFT Paris Exhibition
Palm Collective, a major partner to Polygon Labs, announced an exciting opportunity for artists to display their work at the NFT Paris event. The event, which starts on February 23, has managed to bring together art and blockchain technology, offering a platform for artist to showcase their creations in the world of non-fungible tokens (NFTs).… Continue reading Palm Collective Opened Doors For Artists To Display At NFT Paris Exhibition
HoloTile Is Disney’s Breakthrough In Boosting VR Mobility
With the rapid technological advancements, virtual and augmented reality appear to have become majorly popular in recent years. Nonetheless, despite their immersive visual experiences, there is a disconnect that has always existed between the user’s physical position and their avatar’s movements in the virtual worlds. But for now, an innovation has come up that promises… Continue reading HoloTile Is Disney’s Breakthrough In Boosting VR Mobility
Latest Game Download Scam Hits Web3 Games
A new scam targeting the Web3 gaming sector was discovered recently. This scam, which targeted developers and game enthusiasts, used relatively new deceptive strategies. Unveiling The Scam It all began harmlessly, with a direct message on Twitter from an account named @ameliachicel. The account posted a job opportunity offer focusing on a Web3 game called… Continue reading Latest Game Download Scam Hits Web3 Games
X Removed NFT Feature For Premium Subscribers Amid Shift In Focus
X, previously called Twitter, has eliminated the feature that enabled premium subscribers to use non-fungible tokens (NFTs) as their display pictures. The move comes as a surprise for most since it was previously available for NFTs minted on the Ethereum blockchain. NFT Feature Removal The NFT feature was initially launched in January 2022, before Elon… Continue reading X Removed NFT Feature For Premium Subscribers Amid Shift In Focus
Visa Introduced Web3 Loyalty And Engagement Solutions
Visa, one of the biggest payment service providers in the world, recently confirmed the launch of its new loyalty and engagement solution, Visa Web3. The innovative solution is a considerable shift in customer engagement and loyalty strategies customized for digital and virtual environments. Evolution Of Loyalty Programs Traditionally, loyalty programs have been quite stagnant and… Continue reading Visa Introduced Web3 Loyalty And Engagement Solutions
NFT Tax-Loss Harvesting: A Strategy To Maximize Your Profits
With the growing interest in non-fungible tokens (NFTs), it becomes important for investors to understand all the tax implications linked to these digital assets. One method that can help crypto investors to minimize their tax liabilities is NFT tax-loss harvesting. Here, we will dive into the concept of tax-loss harvesting, its application in the NFTs… Continue reading NFT Tax-Loss Harvesting: A Strategy To Maximize Your Profits