The Bank of Korea discovered that its central bank digital currency (CBDC) could process up to 2000 transactions per second, which is considerably below what the standard centralized ledger database provides. The central bank of the Republic of Korea together with the issuer of the Korean Republic won, the Bank of Korea (BOK), is allegedly… Continue reading Bank Of Korea (BoK) Scales CBDC Test Programs To Global Remittances And NFTs
Tag: nonfungible token (NFT)
Warner Bros Introduces Lord Of The Rings NFTs In Partnership With Eluvio
While Warner Bros still depends heavily on movie distribution the traditional way, the firm is also open to exploring some alternative distribution networks. American multimedia entertainment firm Warner Bros Discover Inc announced the launch of “The Lord of the Rings: The Fellowship of the Ring” Non-Fungible Tokens (NFTs). The company made this announcement as it… Continue reading Warner Bros Introduces Lord Of The Rings NFTs In Partnership With Eluvio
Saudi Arabia Celebrating Their National Day In The Metaverse
Saudi Arabia citizens are allowed to celebrate their country’s National Day in the Metaverse. The 3-day celebration is happening in the Decentraland metaverse between September 22 and 24. From traditional nonfungible token (NFT) outfits to an open-air museum, the immersive experience pays homage to Saudi Arabia’s incredible culture and history. The Arab nation is celebrating… Continue reading Saudi Arabia Celebrating Their National Day In The Metaverse
PGA Tour Signs Multi-Year Deal With Autograph For NFT Platform
Fans are allowed to collect and own NFTs featuring the best PGA Tour golfers throughout the world. Furthermore, the collectors will have the chance to earn rewards. PGA Tour has worked with Tom Brady’s non-fungible token (NFT) marketplace Autograph to assist the golf tour organizer to develop its in-house NFT platform. The PGA Tour is… Continue reading PGA Tour Signs Multi-Year Deal With Autograph For NFT Platform
Vera Bradley Introduces Metaverse And Debut NFT Collection
Vera Bradley, the lifestyle and fashion accessories brand, has decided to enter the Metaverse and develop a variety of NFT collections. The genesis NFT collection is now live and celebrates 40 years of fabulous fashion. Notably, the ‘Heritage Pass’, which is the debut NFT collection, works as a Mint Pass. Not just that, but every… Continue reading Vera Bradley Introduces Metaverse And Debut NFT Collection
Gutter Cat Gang Introduced Another Dilutive NFT Project
Gutter Cat Gang Introduced Another Dilutive NFT Project. Gutter Cat Gang, a highly successful NFT collection, has confirmed that it has added a new tier to their ‘Gang Membership’, titled ‘Gutter Clones’. Users can get these by buying DNA-2 (or DNA-1) via a Dutch auction. The announcement happened on September 10. A preview of the… Continue reading Gutter Cat Gang Introduced Another Dilutive NFT Project
Uncomfortable Truths About Nonfungible Tokens
Blockchain detective and nonfungible tokens (NFT) analyst OKHotshot” highlighted his selections for 18 of the most “uncomfortable truths” that describe the NFT sector. In a long 20-part thread to his 45,000 followers on Twitter on August 27, OKHotshot elaborated most of the issues that are currently plaguing the nonfungible token sector, including the irresponsible celebrity… Continue reading Uncomfortable Truths About Nonfungible Tokens
OpenSea NFT Marketplace Laid Off 20% Of Its Staff
OpenSea, the biggest non-fungible token (NFT) marketplace in the digital currency space, has announced that it has now parted ways with around 20% of its staff, becoming the latest crypto company to lay off workers. While the total number of the affected employees was not revealed, OpenSea supposedly confirmed to reporters that it has as… Continue reading OpenSea NFT Marketplace Laid Off 20% Of Its Staff
First Half 2022 Records Highest GameFi And NFT M&A Deals In 9 Years
The nonfungible token (NFT) market went big in 2021, getting the attention of renowned names across various spheres of life. As a result of the NFT craze, the global NFT market reached a valuation of $17.6 billion in the past year. Merger and acquisition (M&A) deals of NFT and game finance (GameFi) firms gained the… Continue reading First Half 2022 Records Highest GameFi And NFT M&A Deals In 9 Years
7LuX NFTs From TeamLuX To Define New LuXury In The NFT Space
The upcoming 7LuX NFT collection developed by TeamLuX is setting out to build an active global community. Furthermore, the ambitious NFT project will aim to redefine luxury, via community-driven utilities and benefits. Here is what you need to know about the 7LuX NFT collection. The collection of 20,000 7LuX NFTs consists of traits that are… Continue reading 7LuX NFTs From TeamLuX To Define New LuXury In The NFT Space