NFT

Pudgy Penguin’s recent foray into the world of physical toys has taken Amazon by storm. The launch of their NFT-inspired toy collection has ignited speculations about a potential resurgence for the NFT market. Within the first two days of the launch, Pudgy Penguin’s toy collection garnered an astounding $500,000 in purchases, surpassing all expectations. More

The Foundation for Art and Blockchain (FAB) has launched FAB DAO, a Decentralized Autonomous Organization that aims to merge art and technology in the Web 3 space through blockchain technology. The new collector platform seeks to expand the reach and potential of FAB’s mission. Additionally, it will leverage blockchain technology’s power to democratize art patronage,

Futureverse is an advanced blockchain network that combines multiple technologies to create a robust foundation for metaverse applications, prioritizing user safety and experience. It is not just another blockchain network, but a vision conceived by Aaron McDonald, Shara Senderoff, and Marco Brondani. The primary goal of Futureverse is to build a strong community network that

Sotheby’s, one of the world’s oldest and largest auction houses, announced on Friday the auction of seven NFTs that belonged to the bankrupt cryptocurrency hedge fund, Three Arrows Capital (3AC). The auction saw the collection of digital art pieces being sold for an impressive sum of approximately $2.5 million. This significant event was a testament

Gala Games, a play-to-earn gaming industry player, has burned nearly 21 billion GALA tokens, which are valued at over $637 million. This move follows the completion of its V2 token airdrop and is in line with the company’s 2023 Vision Paper. The token burn aims to alleviate worries about a potential “dump and exit” event.

RTFKT, short for “artifact,” was founded by Chris Le, Steven Vasilev, and Benoit Pagotto, who are experts in gaming, design, and technology. Their vision was to bridge the gap between physical and digital fashion by creating digital fashion items intended for video games and virtual environments. This unique approach has transformed how we perceive fashion

China’s Supreme People’s Procuratorate has expressed concerns about the growing NFT market in the country. The market is still in its infancy and faces challenges due to a lack of industry standards and government regulation. These factors, combined with the novelty of the market, result in several financial and social risks, including price manipulation, scams,

OKX, a leader in Web3 technology, has announced the launch of its new Ordinals Marketplace on OKX Wallet, allowing users to mint and trade Bitcoin Ordinals and BRC-20 tokens. This move demonstrates OKX’s continued support for the Bitcoin ecosystem and positions OKX Wallet as the only multi-chain wallet that facilitates trading and minting of Ordinals,

Mattel, the popular toymaker, has teamed up with the Fast & Furious franchise to create a new digital collection that features the iconic vehicles from the films. The collection is set to be released in the form of non-fungible tokens (NFTs), providing fans with an exciting new way to engage with their favorite cinematic cars.

Epic Games, the company that brought us the Unreal Engine and Fortnite, has announced a partnership with the LEGO Group to create a “family-friendly” Metaverse that is enjoyable and safe for users of all ages. This collaboration comes after Epic Games’ $2 billion funding round to accelerate its Metaverse ambitions. Combining Expertise for a Safer

Larva Labs is a company that has revolutionized the world of Non-Fungible Tokens (NFTs) since its inception in 2017. Founded by Matt Hall and John Watkinson, who have a rich background in technology and creativity, Larva Labs has introduced groundbreaking projects such as CryptoPunks, Autoglyphs, and Meebits. CryptoPunks, the first project by Larva Labs, was

NFTs have been shaking up the art world, tech world, and other subcultures since 2021. In 2022, artists and collectors made fortunes off NFTs, with significant brands launching NFT and Metaverse projects. However, the market started to falter towards the end of the year, and many in the NFT space feel the pinch of this

Walken, a sustainable play-to-earn gaming project, has had a successful first year, establishing itself as a leader in casual gaming powered by Web3. Now, it is evolving into its next phase, called the Cuze, which aims to provide a fun and rewarding experience for its users while harnessing the earning potential of Web3 for creators

LG Electronics is taking a significant step forward in innovation by acquiring a patent for a revolutionary concept that will redefine the home entertainment experience. The electronics conglomerate is currently working on a TV that will allow users to not only watch their favorite shows but also trade Non-Fungible Tokens (NFTs). Picture yourself flipping through

Pudgy Penguins are not only cute but also promoting intellectual property utilization and community empowerment. Launched in July 2021, this collection of 8,888 NFTs brings positivity and good vibes to everyone in their orbit. As a proud owner, you get exclusive access to experiences, events, IP licensing opportunities, and more. The Pudgy Penguins’ Objectives The

ALTAVA Group, a luxury fashion brand with a reputation for venturing into the metaverse, has partnered with Animoca Brands, a leading digital property rights company in gaming and the open metaverse. The goal of the partnership is to bring Bored Ape Yacht Club (BAYC) NFTs into the world of golf with the creation of the

The world of non-fungible tokens (NFTs) continues to grow, with more artists, creators, and collectors entering the landscape. One recent development in this space is NFT staking, which offers a new way to earn rewards and maximize the value of digital assets. NFT staking involves locking up your NFTs on a blockchain platform to earn

Alibaba Cloud has announced a partnership with layer-1 blockchain Avalanche and service layer provider MUA DAO to launch Cloudverse, a metaverse launchpad that will enable businesses to create, deploy, and manage their unique metaverse environments on Avalanche’s blockchain. The partnership was revealed at the Avalanche Summit II event. The aim of Cloudverse is to provide

South Korea’s interest in the metaverse continues to grow rapidly, as highlighted in a new report on its market growth. The report provides valuable insights into the industry’s size, trends, and dynamics in the country, with investments from both government entities and private corporations. The government has demonstrated its commitment to emerging technologies, including metaverse,

CoinMarketCap has partnered with Web3 entertainment company Hello Labs to create a new reality show called “Killer Whales.” The show is inspired by the popular series “Shark Tank” and aims to promote the entrepreneurial spirit of the Web3 domain to a wider audience. The Competition “Killer Whales” provides a platform for entrepreneurs to pitch their

As the popularity of NFTs rises, so does the risk of hacking and theft, making it essential to store them in a secure wallet. The SecuX Nifty NFT Hardware Wallet is the most secure way to store NFTs, providing users with complete control and ownership of their digital assets. SecuX is a blockchain security company

P2Earn Inc, a company specializing in blockchain gaming solutions, has announced that Jeff Burton has joined their advisory board as Chairman. Burton, co-founder of Electronic Arts (EA), brings his extensive gaming industry experience to P2Earn as the company gears up for the public launch of its Gaming Guild. Partnership P2Earn and Electronic Arts share a

Sports Illustrated has teamed up with Ethereum software firm ConsenSys to launch a non-fungible token (NFT) ticketing platform on the Polygon network. The new platform, called “Box Office,” is built to become the world’s first comprehensive NFT ticket service. Features Box Office is an innovative platform that allows event owners, organizers, and promoters to engage

Sotheby’s, the luxury auction house, is changing the game for digital art by launching its on-chain secondary marketplace through its Sotheby’s Metaverse platform. The platform will allow collectors to buy and sell secondary NFTs, with a curated selection of works by leading artists carefully chosen by its team of specialists. The secondary sales on Sotheby’s

VeChain, the leading blockchain platform, has teamed up with the renowned tennis tournament Internazionali BNL d’Italia to create the world’s first ‘phygital’ trophy. The tournament, which will feature some of the world’s top-ranked players from May 8th to May 21st, will see the winners receive physical trophies empowered with VeChain technology through embedded NFC chips.

The NFT market faces significant challenges, including limited access to liquidity and the risks associated with specific loan expiration dates. To address these issues, Blur has introduced Blend, a borrowing and lending protocol explicitly designed for the NFT market. Blend’s unique approach eliminates the need for expiration dates on loans. Instead, loans come with predefined

Planet IX is a revolutionary online NFT-strategy game that has taken the Web3 gaming industry by storm. It offers an unparalleled gaming experience that transports players to another realm through its unique digital rendition of Earth as the playing field. The game is a dynamic and ever-evolving one, continuously adding new features and mechanics that