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

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

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

First Metaverse Architecture Biennale Takes Place in Decentraland

The inaugural Metaverse Architecture Biennale is scheduled to kick off in Decentraland, running from September 21 to 24. This event, co-organized by Dearch Space, W3rlds, and Metancy, aims to seamlessly merge the innovative aspects of architecture with the rapidly advancing Web3 landscape. With a commitment to showcasing the transformative possibilities that arise when architectural excellence… Continue reading First Metaverse Architecture Biennale Takes Place in Decentraland

Etherscan Unleashes Code Reader Powered By ChatGPT

The artificial intelligence era is here with us and companies are rushing to leverage their operations on the new technology. Users can unlock valuable insights into Ethereum source code with Etherscan’s incorporation of ChatGPT. You can analyze smart contracts with AI-powered Code Reader. Etherscan is the popular blockchain explorer designed for the Ethereum network. It… Continue reading Etherscan Unleashes Code Reader Powered By ChatGPT

Baobab Studios Introduces Its Storytelling To The Blockchain With Momoguro

Baobab Studios, a nine-time Emmy award-winning independent animation studio, confirmed its debut digital collectible storytelling world, ‘Momoguro’. The new storytelling metaverse project is powered by the Ethereum blockchain. This animation studio hosts expertise across television, games, film, and books/publishing, and is expected to rattle web3 with their most recent storytelling NFT project. Momoguro By Baobab… Continue reading Baobab Studios Introduces Its Storytelling To The Blockchain With Momoguro

You Can Purchase NFTs With PayPal Using MetaMask’s Newest Update

The leading Web3 firm, ConsenSys, announced on December 14 that US MetaMask users can purchase Ethereum using PayPal within the app. Putting everything differently, it means that the users can also readily acquire nonfungible tokens (NFTs) via MetaMask’s recent PayPal update. It should be remembered that MetaMask is now the first Web3 wallet that is… Continue reading You Can Purchase NFTs With PayPal Using MetaMask’s Newest Update

Lionel Messi Acquires Equity On NFT Fantasy Game Sorare

Sorare was last valued at around $4.3 billion, with over 2 million users in at least 185 countries. Football icon and Paris Saint-Germain playmaker Lionel Messi has now joined Sorare as an investor and brand ambassador. Sorare is a French non-fungible token (NFT) trading game. By signing Messi, Sorare expects to engage more fans globally… Continue reading Lionel Messi Acquires Equity On NFT Fantasy Game Sorare

The Star Digital Collectible Game Hiroshima Dragonflies NFT Is Available On Binance NFT Market

Hiroshima Dragonflies NFT is a star digital collection game that mainly supports ETH and BSC chains. It is only licensed by the Japanese professional basketball league first-level team (Hiroshima Dragonflies), and it is publicly sold on the Binance NFT platform. The fans can use the Binance NFT platform to purchase and collect digital football cards.… Continue reading The Star Digital Collectible Game Hiroshima Dragonflies NFT Is Available On Binance NFT Market

Bearish Sentiment Pressures Ethereum NFTs As Transactions Plunge Below 1 Million

Against most of the popular beliefs that the transition to proof-of-stake will assist in reviving all the metrics of the Ethereum ecosystem, a majority of its metrics remain significantly down. Recently, interest in Ethereum non-fungible tokens (NFTs) seems to be plummeting. That is despite the continued dominance of Ethereum NFTs in the digital art sector.… Continue reading Bearish Sentiment Pressures Ethereum NFTs As Transactions Plunge Below 1 Million