Coinbase, a renowned cryptocurrency exchange, is set to launch “Base” on August 9th. Base is an Ethereum layer-two (L2) chain built on the Optimism framework. By addressing the blockchain trilemma, Base aims to balance scalability, security, and decentralization in blockchain networks. This article delves into the significance of Base, its impact on Ethereum-based applications, and
NFT
Gala Games, a prominent figure in web3 entertainment, recently announced its plan to transition unsold and reserve Non-Fungible Tokens (NFTs) game items from the Ethereum network to GalaChain, its proprietary blockchain. This move aims to address the high gas fees associated with Ethereum and enhances the platform’s web3 functionalities. With the transition to GalaChain, gamers
The tech industry’s heavyweights, including Apple, Adobe, Pixar, Autodesk, NVIDIA, and the Joint Development Foundation, have come together to form the Alliance for OpenUSD (AOUSD). This alliance signifies a major step towards standardization, development, and evolution in the field of 3D creativity. With a clear focus on fostering interoperability among tools and data, the alliance
In a bid to promote blockchain-based games and make them accessible to a wider audience, Gala Games has partnered with Elixir Games Launcher. This collaboration will not only introduce popular games like Town Star and Spider Tanks to the Elixir Games Launcher platform but also pave the way for more games to be included in
NFTs are revolutionizing the world of sports memorabilia, redefining how fans collect and engage with their favorite sports teams. These unique digital assets offer a versatile and innovative approach to traditional collectibles, allowing fans to own exclusive digital counterparts of physical items like game-worn jerseys and signed equipment. NBA Top Shot and NFL All Day
As the popularity of NFTs continues to rise, it’s crucial to have a clear understanding of NFT marketplaces. These digital platforms serve as the hub for buying, selling, and trading NFTs. With a wide range of marketplaces available, such as OpenSea, X2Y2, and Blur, it’s essential to explore different platforms to find the one that
Embark on a captivating journey through MintWorld, where discovery, strategy, and enjoyment collide in an immersive Web3 gaming experience. With an unwavering vision and a dedicated team, MintWorld has forged a path like no other. Brace yourself for the upcoming launch of Genesis City, a game-changer that will take MintWorld to new heights. Unleash the
Crazy Crypto Football has made its mark on the gaming industry with its cutting-edge blend of NFT collectibles and football. This online game introduces a revolutionary concept where players can take control of virtual football players represented as unique NFTs. By combining the excitement of the sport with the thrill of true ownership in the
The digital fashion brand MNTGE has once again shattered expectations with its groundbreaking release, the Patchwork collection. This limited edition series of 7,500 NFT patches on the Ethereum blockchain introduces a captivating blend of the physical and the digital. Each patch holds the remarkable ability to be transformed into a tangible version infused with NFC
Luxury fashion brand Gucci has recently unveiled an exciting rewards program for individuals holding its Gucci Vault Material NFTs. The company aims to offer two highly sought-after physical items – a wallet or a bag – exclusively to lucky NFT holders. These unique items will not be available to Gucci’s regular customers, making them highly
Ducati, the renowned motorcycle brand, has recently announced a significant shift towards the digital world by partnering with Web3 Pro, a leading corporate white-label NFT solution. This collaboration highlights Ducati’s commitment to enhancing fan experiences through digital innovations. By leveraging Ripple’s blockchain technology, specifically the XRP Ledger, Ducati aims to roll out various Web3 activities
Bybit, in collaboration with Oracle Red Bull Racing and a group of talented digital artists, has introduced the Velocity Series. This innovative project combines art, racing, and technology to create distinctive digital collectibles inspired by the telemetry and racing data from the dominating RB19 car in Formula 1. The Velocity Series is the first-ever collaboration
PROOF, the team behind the popular Moonbirds PFP collection, is now launching a new generative series called Mythics. This project offers an exceptional minting experience that takes their dedicated community on an explorative journey into the Moonbirds universe. The Mythics project was revealed in August 2022, coinciding with a $50 million Series A funding round
Futureverse, a leading company in the metaverse industry, has announced the successful closure of a $54 million Series A funding round. This funding round saw significant participation from 10T Holdings, LLC (“10T”) and Ripple, showcasing strong support for Futureverse’s innovative vision. The company’s mission is to empower developers and users to create and interact with
TaxNodes, a platform that calculates taxes on cryptocurrency profits and facilitates Income Tax Return (ITR) filing, is taking a groundbreaking step. They have announced an initiative to provide complimentary Non-Fungible Tokens (NFTs) to all eligible customers who file their ITR for crypto gains through their platform in India. This move aims to express gratitude towards
Unstoppable Domains, a prominent platform specializing in user-owned digital identity, has recently introduced the Unstoppable Marketplace. This marketplace, powered by the dApp Store Kit developed by Polygon Labs, offers a wide range of applications integrated with Unstoppable. By doing so, it presents users with exciting opportunities to engage with the thriving Web3 community. An Impressive
Sound.xyz is making waves in the music industry by offering a new platform that empowers artists worldwide. In a recent announcement, the company revealed its decision to open up its platform tools to all musicians, giving them the freedom to navigate the restrictive economic boundaries set by traditional streaming platforms. This move comes as Sound.xyz
Starbucks’ Web3 initiative, Odyssey, is once again making headlines as it partners with former Major League Baseball player Micah Johnson’s NFT project, Aku, to introduce a groundbreaking series of NFT Stamps. This collaboration brings together art, technology, and community-building elements to inspire younger generations to dream bigger. The partnership is set to launch an interactive
Line Next, a subsidiary of the renowned mobile messaging giant Line, has recently announced a groundbreaking partnership with Sega, a leading gaming company. The primary objective of this collaboration is to introduce a brand-new Web3 game to the blockchain gaming platform, Game Dosi. In line with their memorandum of understanding, Line Next has obtained an
Sorare, the popular French fantasy sports game, is generating significant buzz ahead of the upcoming NBA season. The company has recently revealed plans for five NFT auctions featuring Special Edition NBA Draft Cards. The first auction, which took place on July 9, 2023, showcased the NFT card of Victor Wembanyama from the San Antonio Spurs.
Steve McQueen, the legendary “king of cool,” known for his love for motorcycles, is making his mark in the Web3 space. A unique NFT collection, honoring the iconic actor, will be unveiled on July 14. The project is a collaboration between the McQueen Estate, Web3 talent agency Verified Labs, contemporary artist Michael Kalish, Triumph Motorcycles,
The Open Metaverse Alliance (OMA3) has recently unveiled an ambitious project aimed at addressing the challenges of navigating the metaverse. Based in Zug, Switzerland, this consortium consists of leading companies in the metaverse industry who share a common vision. Their mission is centered around establishing standards and infrastructure to pave the way for user-controlled and
The Hong Kong government has taken a significant step towards the development of Web3 by appointing Yat Siu, the co-founder of Animoca Brands, to its newly formed Task Force on Promoting Web3 Development. This task force aims to provide recommendations for the long-term growth of Web3 within Hong Kong. The establishment of this task force
Pluxee, a digital-first employee benefits and engagement platform, has joined forces with the DFINITY Foundation and Yumi to introduce a groundbreaking initiative aimed at boosting employee engagement. This collaboration marks a significant shift toward a Web3 approach to workplace culture. The partnership aims to launch Pluxee’s first-ever NFT collection, aptly named “The X Collection,” which
French fashion brand Lacoste has taken a significant step in embracing non-fungible tokens (NFTs) by expanding its NFT ecosystem. The brand has introduced a rewards and co-creation feature for its UNDW3 community, following the successful release of its UNDW3 collection of profile picture (PFP) NFTs. With this expansion, Lacoste aims to provide its community with
Mythical Games, the prominent Web3 gaming studio, has reached a significant milestone by securing $37 million in funding for the initial phase of its Series C extension round. The capital influx was led by Scytale Digital, a leading digital asset manager, with contributions from renowned investors including ARK Invest, Andreessen Horowitz, and Animoca Brands. This
The prices of Bored Ape Yacht Club NFTs have been highly volatile recently due to a series of transactions by Jeffrey Huang, also known as Machi Big Brother. Huang’s quick sale of over 50 Bored Apes within a few days has had a notable impact on the floor price of these NFTs. In fact, the