The Gap – a worldwide clothing retailer – recently announced the launch of its first NFT collection through Tezos. The collection features a “gamified digital experience” for creatives and lets customers digitally own a collectible Gap hoodie. The Gap Apes Into NFTs The clothing brand announced its NFT project in a statement from its site...Read More
NFT marketplace giant OpenSea is recording impressive numbers a few days into 2022, with the platform’s trading volume already at a whopping $2 billion. OpenSea Heading Towards New Monthly Volume ATH Data from Dune Analytics showed that the leading marketplace’s average daily trading volume so far in 2022 is over $260 million. While the monthly...Read More
One of the world’s biggest tennis tournaments – the Australian Open (AO) – is entering both the NFT and Metaverse side of the cryptocurrency industry. This year’s championship will also be held in Decentraland — a leading virtual reality platform. At the same time, fans will be able to participate further by buying non-fungible tokens...Read More
Steven Galanis, the CEO of the leading marketplace for personalized video shoutouts – Cameo – joined the NFT world by purchasing a Bored Ape Yacht Club art for 100 ETH. At the same time, Migos’ Takeoff said he bought a Mutant Ape Yacht Club NFT. After the stellar 2021 NFTs had, specific projects from the...Read More
Mintverse, an NFT aggregator and marketplace consisting of several peer-to-peer features, outlined a new version of its digital collection tracking solution. The project promised to enhance the global adoption of non-fungible tokens through some of the platform upgrades. Mintverse’s Community Driven Metadata Version The statement shared with CryptoPotato reads that the “revamped” version of Mintverse’s...Read More
The Wall Street Journal confirmed the development in an article on Jan. 6 stating that the company is venturing into these “much-hyped areas” in an effort to turn around its core video game business. Citing people familiar with the matter, the report added that GameStop is developing an online hub for video game NFT trading....Read More
The electronics giant Samsung introduced a new feature allowing clients to virtually attend quests or live music events. The company’s new metaverse experience is called Samsung 837X and is modeled on the physical flagship location in New York. Samsung Joins The Metaverse League In a January 6 announcement, the Korean firm described the feature as...Read More
Nas – an American rapper and entrepreneur – is selling the rights to two of his songs through Royal, a crypto-based music startup. The platform creates a new way for music artists to profit from NFTs, as visual artists are beginning to do. ‘Extended NFTs’ Royal announced its partnership with Nas in a blog post...Read More
The announcement, made on Jan. 5, stated that the round was led by Hong Kong-based game software and venture capital company Animoca Brands. CryptoSlam is a provider of data and transparency for the NFT industry, ranking the top NFT collections by sales volume on secondary markets. Additional investors include the venture arm of the OKEx...Read More
After a phenomenal run in 2021, the NFT industry continues to grow fast and attract more professional and institutional players. Riding the hype is the NFT-focused venture studio, Metaversal, which secured a $50 million Series A round. $50M Investment Secured According to the official blog post, the investment round saw backing from blockchain investment firm...Read More
A $300 million funding round led by Coatue and Paradigm increased OpenSea’s valuation at $13.3 billion. The NFT marketplace vowed to employ the investment into four categories: accelerate product development, improve customer support, invest in the wider NFT and Web3 community, and grow its team. Surpassing a $13 Billion Valuation In a recent blogpost, Devin...Read More
Bored Ape Yacht Club (BAYC) – one of the most popular NFT collections in existence – has reached $1 billion on sales on OpenSea’s marketplace. According to on-site statistics, the collection has generated an all-time trading volume of 298 265k ETH. WIth ETH trading at about $3,800 at the time of writing, that’s effectively over...Read More
The pandemic has reshaped social behavior in ways unimaginable. In 2022, the tech giants will continue to push the envelope even further – into the Metaverse. Just like last year, NFTs remain at the helm of the cryptocurrency and blockchain revolution. Square Enix President Yosuke Matsuda, for one, understands that the two sectors are not...Read More
The spectacular growth of the non-fungible token sector has reached the electronics giant Samsung. The Korean company said it will integrate a new “NFT Aggregation Platform” on its smart TVs starting this year. The announcement dated January 3rd outlined several updates that Samsung plans to incorporate in its new series of smart TVs. The NFT...Read More
Scuderia Ferrari signed a multi-year partnership with the Swiss technology company – Velas Network AG – to create non-fungible tokens (NFTs) for its fans. This is the racing team’s first interaction with the digital asset industry, while some Formula 1 rivals have already marked initial steps. Ferrari Jumps into The World of Crypto In its...Read More
E11EVEN Partners – the brand behind the famous disco club in Downtown Miami, the E11EVEN Voda, and the E11EVEN Hotel & Residences, purchased Ape #11 of the Bored Ape Yacht Club for 99ETH ($396,000 at the moment of the transaction). Thus, the company put its name next to Steph Curry, Post Malone, and others who...Read More
Ozzy Osbourne has announced entering the crypto industry with the launch of his very own NFT collection – Cryptobatz. He is paying tribute to one of the most iconic (or bizarre as some may say) moments in music history. With the NFT debut, the former Black Sabbath singer now joins a long list of proponents...Read More
Reports emerged earlier today indicating that the team behind MetaSwap – a protocol enabling NFT swaps over Ethereum, Binance, and Polygon – has stolen 1,100 BNB. Shortly after, the native token tanked. The blockchain security and data analytics resource – PeckShield – detected suspicious behavior coming from the MetaSwap team and suggested a soft-rug pull....Read More
The CEO and founder of the veteran US crypto exchange – Jesse Powell – explained that the company is currently developing an NFT marketplace. However, he said it will have new features, including allowing customers to use their digital collection as collateral to borrow funds against. Powell outlined the company’s plans in a recent interview...Read More
Yesterday, we saw the floor price for NFTs from the Bored Ape Yacht Club (BAYC) collection surpass that for the famed Crypto Punks for the first time. The Flippening Data from OpenSea shows that yesterday, the floor price of the BAYC NFT collection was at 54 ETH, while the floor price of an NFT from...Read More
Former US President Donald Trump is no fan of cryptocurrencies, and he is making that known once again. The only currency he wants is the US Dollar. Trump has been a critic of cryptocurrencies for quite some time now, and this outlook isn’t changing anytime soon. Even if the former FLOTUS Melania Trump has warmed...Read More
Xinhua News Agency, a Chinese state-run media company, has revealed that it will soon issue China’s first “news digital collectibles” in the form of non-fungible tokens (NFTs), Xinhua Launches NFT Collection In an official announcement on Wednesday, Xinhua will issue a total of 110,001 copies of unique photographs taken by journalists in 2021. According to...Read More
MetaMask is one of the most popular non-custodial wallet applications with millions of active users. Now, it also teases that in-app non-fungible tokens will also come to life soon. CryptoPotato reported earlier in November that the popular non-custodial wallet MetaMask has reached a whopping userbase upwards of 21 million. MetaMask is in the middle of...Read More
Tezos-powered play-to-earn NFT game, DOGAMÍ, has recently raised $6 million from several notable investors, including Ubisoft and Animoca Brands. Building the Petaverse on Tezos In a press release shared with CryptoPotato on Tuesday, DOGAMÍ noted that the funding will help it further the development of decentralized pet ownership 3.0. DOGAMÍ offers a unique blend of...Read More
The leading digital asset trading venue CryptoCom teamed up with Angel City Football Club (ACFC) to become the team’s official cryptocurrency and NFT partner. The deal marked the first direct sponsorship between a crypto-related company and a professional women’s sports club. CryptoCom Deepens its Positions in LA According to a press release shared with CryptoPotato,...Read More
Despite the project’s promotion and hype, Ubisoft Quartz Beta hasn’t proven very popular. Almost two weeks after launch, the NFT collection of weapon skins and equipment has barely generated $400 in revenue – only 15 sales. Ubisoft’s NFT Flop Liz Edwards – senior character artist for Apex Legends – called out the company’s sales numbers...Read More
According to Instagram’s chief executive officer, Adam Mosseri, the platform is actively exploring NFTs and ways that it can make them more accessible to its burgeoning user base. Mosseri made the comments in an Instagram Q&A over the weekend, according to reports. One idea would be to label Instagram posts that offer NFTs as “collectibles.”...Read More
Blockchain-based gaming is the latest hot trend in the cryptocurrency space. 2021 has set the stage for more capital inflow and expansion of the sector as major players continue to hop in. French gaming giant Voodoo, best known for its hyper-casual games, plans to invest $200 million in 2022 in new studios developing blockchain-based games....Read More
The multinational e-commerce company – Shopify – enabled its users to mint and trade non-fungible tokens on its platform. To provide this opportunity, the firm partnered with GigLabs – an organization that specializes in offering tools to operate with NFTs. Shopify Enters The NFT Universe Tobias Lütke – Chief Executive Officer at the company –...Read More
An independent NFT project, Sneaky Vampire Syndicate (SVS), has announced a partnership with Paramount Pictures and Spyglass Media Group’s horror film Scream. The Collaboration According to the press release shared with CryptoPotato, SVS and the horror film are joining forces to promote the latest movie in the Scream franchise, which is set to hit the...Read More
