On Dec. 13, Emmy nominated photographer John Knopf announced that he had sold his Bored Ape Yacht Club (BAYC) NFT. The statement would not have been a thing of note if he hadn’t got 347 ETH for the piece. Knopf stated that he originally purchased the astronaut laser eyes ape number 9452 on the day...Read More
Ubisoft – a gaming industry giant – recently announced plans to integrate NFTs into its games. These NFT’s will be known as “Digits”, containing their own unique serial numbers while being tradeable on the crypto market. NFTs and Ghost Recon Ubisoft announced its NFT project in a tweet earlier today. The company will offer its...Read More
2021 has been a profitable year for non-fungible tokens (NFTs) as the market has grown exponentially, allowing anything to be tokenized on the blockchain. The decentralized nature of the industry also allows anyone to create, mint, and issue their NFTs from any part of the world, including those in prison. Ross Ulbricht Launches NFT Ross...Read More
Blockchain.com outlined plans to launch a marketplace exclusively focussed on NFTs to cater to the rising demand and fortunes that have attracted the attention of well-known individuals from different fields. With this move, the Luxembourg-based company is the latest one to dip its toes into the NFT market. It joins the list of crypto giants...Read More
There have been many reports questioning if Spotify pays musicians fairly. While the popular music streaming service is yet to disclose exactly how much it pays, industry experts have suggested that its payout rate for recordings at nearly $4,000 per million streams, or less than half a cent per stream. However, NFT is here to rescue,...Read More
AMC Theatres – the largest movie theatre chain in the US – recently offered 86,000 non-fungible tokens to early buyers of the latest Spider-Man film. The enthusiasm among fans was quite high as it led to the second-highest one-day ticket sales in AMC’s entire history. AMC’s NFT Offer At the start of this week, the...Read More
Following a related partnership with Coinbase, Adidas has joined various NFT influencers as part of their adaptation to the metaverse. These include Punks Comic, GMoney, and Bored Ape Yacht Club (BAYC). Leaping Into The Metaverse Adidas originals – an Adidas subdivision dedicated to lifestyle and fashion – tweeted about their new partnership earlier today. Few...Read More
The legend in rap music – Snoop Dogg – collaborated with Coldie (an artist focused on blockchain and crypto art) to release another non-fungible token. It comes by the name of “Decentral Eyes Portrait Series” and was minted on the NFT marketplace – SuperRare. ‘It’s Decentralized, Decentral Eyes’ Calvin Cordozar Broadus Jr. (known professionally as...Read More
Christie’s is continuing its push into the digital art scene with the announcement that it plans to hold on-chain NFT auctions on the world’s most popular marketplace. The auction house made the announcement on Nov. 24, stating that the first “Christie’s X OpenSea” auction will kick off on Dec. 1. It will be open for...Read More
The Federal Byzantine Agreement-based (FBA) network, Flare, recently partnered with Rival to become its preferred NFT, Utility, and DAO token platform for Rival’s NFT marketplace. Flare and Rival’s Partnership Rival is an enterprise solution that integrates gaming, esports, and now NFTs, into a company’s fan-engagement strategy. Some of these entities are the Seattle Seahawks from...Read More
Emerald, the Ethereum Virtual Machine (EVM) compatible ParaTime developed by the privacy-focused blockchain protocol Oasis, has officially seen the light of day on Mainnet. Oasis aims to attract more projects from the DeFi, NFT, and gaming dApps industries onto its network with the move. The press release seen by CryptoPotato informed of the launch, explaining...Read More
A survey conducted by the software firm – Stratis – revealed that 58% of American and British video game developers had incorporated blockchain technology into their endeavors. 47% have integrated non-fungible tokens in their games. Blockchain Is The Future for Video Games The poll surveyed 197 video game developers in the USA and the UK....Read More
The NFT marketplace of the leading cryptocurrency exchange will host the digital collections of soccer legends such as Alessandro Del Piero, Christian Vieri, and Gabriel Batistuta. With the growing demand for non-fungible tokens, Binance launched such a marketplace earlier this year and has already become the home of many digital collections, including some from the...Read More
The leading non-fungible token (NFT) peer-to-peer marketplace – OpenSea – crossed the mark of $10 billion in all-time trading volumes. Interestingly, this number stood at “only” $1 billion in until August this year. $10 Billion And Counting Non-fungible tokens have become highly popular throughout the ongoing year, especially during its second half. Following the developments...Read More
Cronos Mainnet Beta aims to bring decentralized applications to the customer base of the CryptoCom ecosystem. According to a PR shared with CryptoPotato, the project was launched today (November 8th) and is the first Cosmos EVM chain for DeFi, NFTs, and Metaverse. The Spesifics of Cronos Mainnet Compatible with the Ethereum Virtual Machine, Cronos Mainnet...Read More
SushiSwap, the popular decentralized exchange that saw the light of day last year, will enter the non-fungible token and metaverse spaces. It will do so by releasing a platform aiming to combine the best from both worlds and the initial v0 campaign will go on for ten weeks. Shoyu Comes to Life The press release...Read More
The metaverse is where all the rage is now, and Enjin has ambitious plans to support projects in its ecosystem designed towards a decentralized metaverse. Consequently, the blockchain-powered gaming platform announced the formation of a $100 million fund on November 4th. Dubbed ‘Efinity Metaverse Fund,’ the main objective behind it is to support its partners...Read More
Sfermion – an NFT investment firm – has raised $100 million through fundraising from several high-profile institutional investors and venture capitalist firms. The Winklevoss twins, Marc Andreessen, Alan Howard, Digital Currency Group (DCG) are some of the names of the participants. Accelerating the Emergence of the Metaverse As per a press release, Sfermion announced the...Read More
The American entertainment company, primarily known for professional wrestling – WWE – joined forces with Blockchain Creative Labs to launch a non-fungible token marketplace. The digital collectibles will capture iconic moments from grand events like Wrestlemania and SummerSlam and will have an eco-friendly focus. ‘If You Smell… What WWE… Is Cooking!’ Despite retracing a bit...Read More
The Financial Action Task Force (FATF) has released guidance on virtual assets and virtual asset service providers (VASP). But the inclusion of decentralized finance (DeFi) and non-fungible tokens (NFT) have sparked a fresh debate. Just a week after the FATF had announced finalizing its crypto guidance, the global anti-money laundering watchdog released an updated version...Read More
Adobe – a multinational computer software company – recently partnered with NFT marketplace “Rarible” to support digital provenance. They are kickstarting Adobe’s beta of its new “Content Credentials” feature, which helps to verify and protect digital content metadata. Verifying NFT Ownership Rarible announced the new feature in a blog post on its site earlier this...Read More
The cryptocurrency space has seen numerous prominent individuals who went from criticizing it to joining it years later. Jordan Belfort, who used to bash bitcoin but later predicted it will tap $100,000, is now a keen supporter of the non-fungible token industry. NFTs have garnered the attention of numerous celebrities outside of the cryptocurrency space...Read More
A new report has revealed that a significant portion of all Ethereum-based non-fungible tokens (NFTs) is in the possession of a small number of addresses on the network. The report, which was published on October 21 by the open-source blockchain analytics firm, Moonstream, focused solely on NFTs with the ERC 721 token standard. It was...Read More
British motor racing team, McLaren Racing, has recently announced the launch of its non-fungible tokens (NFTs) platform, where fans and digital art collectors can purchase its digital collectibles. The new endeavor will be built on the popular Tezos blockchain. McLaren Joins the NFT Craze According to a press release shared with CryptoPotato, the NFT platform,...Read More
Global financial services company Visa is collaborating with NFT artist Micah Johnson to establish a program that would enable creators to understand the non-fungible token industry better and utilize various public blockchain networks to develop and sell their digital works. Visa to Teach Creators about NFTs Visa announced the news via a press release on...Read More
The leading American cryptocurrency platform – Coinbase – said it will launch a peer-to-peer non-fungible token marketplace called Coinbase NFT. Users can join a waitlist for early access and regular updates. Coinbase Expanding into The NFT Universe In a recent blog post, one of the largest digital asset exchanges revealed it will enable its customers...Read More
NFT fans will be able to purchase 10,000 non-fungible tokens representing various “lovable creatures” released by Shiba Inu. The sale should start as early as next week, and users will have to load up with LEASH coins if they want to be among the first to participate. Touted as a Dogecoin-killer, Shiba Inu saw the...Read More
The Solana NFT Marketplace has been officially launched, according to an Oct. 12 tweet from the FTX exchange. Any NFT pieces or collections on the new platform must be on the Solana blockchain; however, there are also plans to support Ethereum-based tokens, which are the industry standard. The FTX.US North American affiliate of the popular...Read More
South Korea-based blockchain-focused investment firm Hashed has announced the launch of its new startup studio to support and research new use cases of blockchain technology in the rapidly growing NFT space. Exploring the Full Potential of Blockchain In a press release today, Hashed noted that the studio, named UNOPND, will foster various creative projects with...Read More
Popular NFT-based play-to-earn online game, Axie Infinity, will be raising approximately $150 million in a Series B funding round at a nearly $3 billion valuation. Andreessen Horowitz to Invest in Axie Infinity According to a recent report, which cited two unidentified sources “with direct knowledge of the deal,” the funding round will be led by...Read More
