The thriving global food & beverage NFT market is expected to record extensive growth in the coming years. This sector is expected to grow into a $2.1 billion industry by 2032 according to a report. The massive growth trajectory is mainly supported by the adoption of blockchain technology and the intensive demand for traceability and… Continue reading NFTs In Food And Beverage Market Increase Appetite
Tag: NFTs
Amazon Boosts Web3 Development With Advanced Blockchain Tools
In a move to increase its presence within the Web3 space, Amazon Web Service (AWS) has confirmed the introduction of two new advanced tools, ‘Query’ and ‘Access,’ to its Amazon Managed Blockchain (AMB) platform. Being the biggest cloud platform in the world, AWS strives to facilitate the development of blockchain-based Web3 software with its new… Continue reading Amazon Boosts Web3 Development With Advanced Blockchain Tools
Ducati Leaps Into Web3
Ducati has made a bold move towards the digital realm, indicating a major pivot through its recent collaboration with Web3 Pro, a prominent corporate white-label NFT solution provider. The motorcycle firm’s forthcoming ventures will utilize the power of Ripple’s blockchain technology, particularly the XRP Ledger, to increase innovation and create new opportunities in the digital… Continue reading Ducati Leaps Into Web3
McDonald’s Introduces ‘McNuggets Land’ In The Sandbox Metaverse
McDonald’s Hong Kong has stepped into the world of blockchain gaming with the introduction of “McNuggets Land” in The Sandbox, an Ethereum-based metaverse game. The games are designed to celebrate the 40th anniversary of the beloved Chicken McNuggets menu item and invite gamers to a highly exciting and immersive experience consisting of anthropomorphized nugget characters and… Continue reading McDonald’s Introduces ‘McNuggets Land’ In The Sandbox Metaverse
Google Play Now Allows NFT Incorporation In Games And Apps
Google Play has announced that it will now let developers incorporate nonfungible tokens (NFTs) in apps and games, creating new avenues for developers. The policy change adopts the potential and opportunities that come with NFT technology. Google Play confirmed the massive policy change, letting developers integrate NFTs in their work. The move strives to empower… Continue reading Google Play Now Allows NFT Incorporation In Games And Apps
The Future Of AI And The Metaverse
The future looks great for nonfungible tokens (NFTs) with the advent of AI and the metaverse. Discover the future of artificial intelligence (AI) in the metaverse, where the in-game characters can be readily trained and traded as NFTs, reshaping gameplay and the general digital economy. Notably, the metaverse is quickly expanding, providing a virtual world… Continue reading The Future Of AI And The Metaverse
Binance Increases Support To Bitcoin NFTs On Its Marketplace
Binance is one of the biggest crypto exchanges in the world. The exchange confirmed its support for Bitcoin NFTs. The decision has come at a time of massive turmoil in the crypto sector, proving Binance’s commitment to adopting the budding NFT industry. Binance Joins The Bitcoin NFTs Market The launch of Bitcoin NFTs on Binance’s… Continue reading Binance Increases Support To Bitcoin NFTs On Its Marketplace
China To Increase Metaverse Use In Key Industries
In a recent official statement, Wu Zhong-ze, formerly the Deputy Minister of the Ministry of Science and Technology in China, insisted on the importance of broadening the utilization of the metaverse across different industries. Despite China’s stringent regulations on cryptos and nonfungible tokens (NFTs), the Asian nation acknowledges the possibilities and opportunities that come with… Continue reading China To Increase Metaverse Use In Key Industries
China Sets Strict Rules For The NFT Market
Nonfungible tokens have been on the recovery road since the start of 2023 after a severe bearish market. As a result, NFTs have caught the attention of Chinese authorities. China’s national agency that is responsible for legal prosecution, the Supreme People’s Procuratorate, recently published a document aimed at establishing a legal infrastructure for nonfungible tokens.… Continue reading China Sets Strict Rules For The NFT Market
‘Brave New World’ NFT Book Lets Users Own A Piece Of Literary History
The publishers of the Sci-Fi book “Brave New World” said that the popular book will soon be transformed into nonfungible tokens (NFTs). The Algorand Foundation and Book.io are partnering to introduce 10,000 eBooks of Aldous Huxley’s classic to the blockchain. What is known about the “Brave New World” NFTs? This means that Aldous Huxley’s most… Continue reading ‘Brave New World’ NFT Book Lets Users Own A Piece Of Literary History