Browsing: NFT

According to a recent industry report, Arcade and NFTfi are the top NFT lending platforms for 2024. Since the previous year, both Arcade and NFTfi have successfully captured more than 1% of the monthly market share. According to the study, Arcade’s non-fungible token lending volume increased by $39.46 million in the first quarter of 2024. Arcade and NFTfi’s token launches will have a significant impact on the Non-Fungible Token loan volumes on their respective platforms. Other top NFT systems include X2Y2, BendDAO, and Parallel Finance. The largest NFT lending platforms had higher volumes in 2024, surpassing the NFT lending volume…

The new Veve Comics platform and its online comic book reader have been released by Veve, the Ethereum-based NFT collectibles platform. The first comic book collection was acquired from Marvel Comics. Marvel Comics accompanied the release, and Veve’s online enthusiasts were able to access over 300 of the most recent Marvel online editions. These comprise the superhero-focused ones, such as Black Panther, Captain Marvel, Spider-Man, and the X-Men. Panel-by-panel screening of the most recent comic books will commence as soon as they are available in print. The company claims that each page was manually adapted to the internet. One feature…

We are thrilled to announce NFT memberships based solely on Avalanche at Best Dish Ever. Through its promotion of New York City eateries, street food, and cuisine, Best Dish Ever’s community-owned food programme has embraced the Food Art NFT trend. The goal of Best Dish Ever and Avalanche’s NFT membership is to introduce NFTs that will revolutionise how foodies engage with eating culture. Avalanche offers its users customisable solutions based on parameters like speed, transaction costs, and environmental sustainability. It is a next-generation blockchain platform designed to facilitate dApp creation and smart contracts. The Avalanche team hopes to provide NFT…

The last three months have seen a 563% increase in Mocaverse NFT. The value that Animoca Brands delivers to the table is largely responsible for the growth. Mocaverse is one of the 8,888 NFTs in the NFT collection. The aforementioned NFT holders come from various backgrounds. Father.moca, Wale.moca, and Yat Siu are examples of this. If the value continues to soar in the days to come, it shouldn’t be shocking. Other notable achievements of Mocaverse NFT in the last year include raising $20 million in September of last year and generating an extra $11.88 million in December of 2023. Animoca…

Since the start of the year, Ethereum’s dominance in the NFT industry has decreased, according to data from The Block. On the other hand, there has been a notable rise in the trading volume of NFTs on the Solana (SOL) and Bitcoin (BTC) networks during November and December. Although Ethereum has historically been the most popular platform for NFT transactions, new evidence points to a change in the dynamics of the industry. There are a number of reasons for the increase in NFT trade volume on BTC and Solana, such as the fact that both networks process transactions more quickly…

Starbucks Korea is advancing both customer service and environmental initiatives. The latest comes after the company in Korea declared that customers who bring their own reusable containers with them will receive rewards. In return for a prize, customers are urged to bring their own cups. Sandeep Nailwal and Polygon Labs have both acknowledged the development on On X, previously Twitter. Starbucks Korea has verified that using a customised cup every time allows customers to receive eco-stamps. When a customer purchases a Non-Fungible Token (NFT), the eco-stamps they have accrued will be redeemed from their Starbucks application wallet. Among other categories,…

The Grand Palais in Paris will host NFT Paris, an annual conference that brings together companies, artists, entrepreneurs, investors, and collectors interested in non-fungible tokens (NFTs). The renowned location has served as a hub for artistic and cultural events ever since the 1900 Universal Exposition. Sandeep Nailwal, co-founder of Polygon; Stani Kulechov, founder and CEO of Aave & Lens; Nelly Mensah, vice president of digital innovation and head of crypto and metaverse at LVMH; and Yat Siu, co-founder and chairman of Animoca Brands, are just a few of the notable speakers scheduled for the conference. In the quickly changing NFT…

18 MAYC series NFTs and 36 stolen BAYC series NFTs that belonged to NFT Trader users have been successfully recovered, according to Boring Security, a security public product team supported by ApecoinDAO. The group promised the assailant a bounty and will give the users’ NFTs back at no cost. The efforts made by Boring Security to locate and retrieve the pilfered NFTs show how dedicated they are to guaranteeing the security and safety of digital assets for the NFT community. The industry will probably view the successful recovery of these NFTs as a good development since it demonstrates that security…

NFT gaming tokens are increasing in value along with cryptocurrencies. According to reports, they are growing at an exponential rate, piqueing people’s attention everywhere. To begin with, NFTs, or non-fungible tokens, are digital assets that each owner alone possesses and exchanges. The gaming ecosystem has incorporated a large number of NFTs (Non-Fungible Tokens) to represent in-game objects, such as battle venues, vehicles, characters, weapons, and skins. Because NFTs let users own their assets, the gaming community has seen an increase in interest. so giving the virtual environment a sense of ownership. When they were first established, their goal was to…

Well-known blockchain game Axie Infinity gives certain NFT owners a way to generate revenue by allowing them to manufacture and market certified goods. This coincides with the opening of an Axie retail location. Certain owners of Origin Axie NFTs and the game Mystic will be permitted to use their digital assets as mascots for creating Axie-focused businesses, according to Sky Mavis. This comprises 4,877 wallets out of 11.9 million Axies in total, which is just 0.04% of all Axies in circulation. The establishment of cafes, comic book stores, restaurants, toy companies, and other businesses employing the Axie IP present prospects.…

In order to incorporate non-fungible tokens (NFTs) into different games and gaming platforms via the Aptos network, Aptos Labs and cryptocurrency gaming platform READYgg have announced a partnership. At least four games or social gaming platforms are anticipated to release their Web3 components on Aptos by the end of the year. More than 20 Web2 game companies have agreements in place with READYgg for the addition of blockchain components to their games. Confirmed games include the action game Rescue Robots Sniper Survival from Aeria Games Canada, the dungeon crawler RPG Runestone Keeper from Cimu Games, and the social gaming platforms…

Foresight News reports that Ashok Venkateswaran, the Asia-Pacific head of Mastercard’s Blockchain and Digital Assets, discussed the value of programmability as a kind of trust at the Hong Kong Fintech Week discussion. He highlighted the advantages for banks, regulators, and individual users, noting that banks can utilize programmability to automate some procedures, thereby lowering manual handling and guaranteeing client protection, and regulators can use it to establish rules for tokens. As part of a pilot program in Cyberport, Venkateswaran also disclosed that Mastercard is testing the usage of non-fungible token (NFT) certificates on genuine luxury watches. Customers are protected…

In order to create the Meural Opus, a $800 digital picture frame that can show NFTs and link to wallets, wireless provider NETGEAR partnered with SuperRare. In 2018, NETGEAR bought Meural and its smart frame technology. In 2022, the company made a big entry into the NFT market by joining SuperRare’s DAO and cooperating with Metamask. With smart frames expected to expand by 3.1% yearly over the next ten years while the NFT market continues to drop, the launch mixes a rising and a diminishing industry. This is according to Persistence Market Research. The Meural Opus is more than simply…

VanEck strategic advisor Gabor Gurbacs believes El Salvador has the potential to become a financial hub in the Americas, akin to Singapore. In the upcoming years, he thinks immigration and fresh capital investment will propel the nation’s economic expansion. Gurbacs’ remarks follow a post by American broadcaster and Bitcoin enthusiast Max Keiser, who now resides in El Salvador. Keiser’s post enumerates several benefits of being aware of El Salvador, such as the legal tender status of the U.S. dollar and Bitcoin, a decline in crime, and excellent coffee and beaches. With Nayib Bukele taking office as president of El Salvador…

An investigative organization in Britain called iSanctuary has taken action against money that has been syphoned off and named the wallets in question. The agency requested permission to locate the wallets in an appeal to the Singapore High Court, and it was granted. The agency will attempt to control the situation and stop any further wrongdoing with reference to the compromised wallets by tokenizing legal papers in the form of NFTs. The Singapore High Court has authorized iSanctuary to link NFTs with legal documents to the relevant wallets. Due to their integration with the wallets, these NFTs serve as an…

According to Web3 officials, the recent decrease in nonfungible token (NFT) values is not a sign that the system is in trouble, but rather that it is maturing. Yemel Jardi, executive director of the Decentraland Foundation, made these remarks in reaction to a research released in September by dappGambl, which examined over 73,000 NFT collections and discovered that up to 95% of the NFTs examined had little value. Jardi stressed that the utility of NFTs should be linked to their value and blamed speculative trading for the declining NFT floor prices. NFTs are here to stay, according to Anjali Young,…

A UK committee made up of representatives from various political organisations has asked the government to investigate copyright infringement and connect with non-fungible token spaces in order to establish more effective procedures for defending the rights of builders. If an NFT is created using creative work without the builders’ or owners’ consent, a copyright violation may take place. Numerous cases have been filed in the US, the UK, and other jurisdictions about this issue. Dame Caroline Dinenage, the chair of the Culture, Media, and Sports Committee, asserts that deceptive advertising practises and unauthorised exploitation of artists’ works provide ongoing challenges…

Microsoft’s business-focused social network LinkedIn has announced the release of new artificial intelligence (AI) tools to help hiring managers find applicants. An AI-assisted tool for recruiters called “Recruiter 2024” is being piloted by the company. With the help of this technology, recruiters can now use natural language questions to discover applicants on the site and develop job ad campaigns. Speaking at the Talent Connect Summit in New York, LinkedIn CEO Ryan Roslansky noted that the business requires new playbooks and that AI may aid in their development. LinkedIn released AI-powered tutoring in its LinkedIn Learning area in addition to the…

Deamus, a division of SK Planet, has declared that it has embraced Avalanche to enhance its users’ ticketing experience. The goal is to provide OK Cashbag’s 21 million customers access to blockchain-based tickets. Avalanche will assist Dreamus in enhancing the ticketing experience for its clients and expanding the industry’s market share, which is estimated to be worth $230 million. This is specifically relevant to South Korea’s ticketing sector. Tickets will be offered at OK Cashbag, supported by Avalanche’s blockchain, for events including musicals, sporting events, and fan meetings. With their Blockchain Ticket Total Solution Service, SK Planet and Dreamus seek…

On-chain data indicates that Bitcoin Spark (BTCS), the Bitcoin fork anticipated to increase in value by 100x, is luring more investors as Avalanche (AVAX) and Optimism (OP) appear to be struggling. Avalanche Avalanche (AVAX), which recently encountered a severe rejection at the $16 level, has recently found itself in a difficult situation. The price of AVAX has fallen noticeably, breaking through the crucial $10 support level. Additionally, Avalanche has seen a startling 66.2% reduction in its daily active addresses and a 60.2% decline in its daily transaction volume over the last 90 days. Optimism The price of Optimism (OP) just…