all posts NFT & Crypto Updates

🖼 NFT Platform Lost Worlds Launches Creation Portal to Enable Simplified GeoNFT Minting Location-based NFT platform Lost Worlds has launched a new Creation Portal, enabling users to create and deploy geographically-linked digital collectibles (geoNFTs) with unprecedented ease. Previously, creating and deploying geoNFTs required direct coordination with the Lost Worlds team. The Creation Portal changes this, opening the doors to anyone – from individual enthusiasts to large-scale projects – interested in crafting and exploring geoNFTs across any supported blockchain. Source NFTs | OpenSea | News

🖼 NFT fantasy sports startup Sorare lays off 13% of staff as web3 gaming continues to sputter Web3-enabled fantasy sports platform Sorare laid off 22 employees based in its New York office in February. The move comes as the startup wants certain teams to be concentrated at the company’s Paris headquarters to improve communication and efficiency, a source familiar with the matter told TechCrunch. “As we plan for our next stage of growth, Sorare has made the decision to centralize some of our functions at our Paris HQ,” Nicolas Julia, the co-founder and CEO of Sorare, told TechCrunch through email. Source NFTs | OpenSea | News

💰 Bitcoin halving will spur ‘surge’ in NFT volume Bitcoin halving looms closer, professionals working in the nonfungible token (NFT) space anticipate that the crypto milestone will not only affect crypto tokens but may also positively impact the NFT ecosystem. Oscar Franklin Tan, the chief financial officer of Atlas Development, a core contributor to the NFT platform Enjin, believes that NFT prices will “surge after the halving.” The executive argued that this is part of a known cycle where interest in Bitcoin spills over other ecosystems like NFTs. Source NFTs | OpenSea | News

🔫 Sony’s “Super-Fungible Token” System Reveals Plan for NFT-Powered Gaming Assets Sony has filed a patent for a new “super-fungible token” (SFT) system that aims to revolutionize how players own and interact with in-game assets and collectibles. The technology seeks to provide gamers with greater flexibility and control over their virtual items, potentially transforming the way we think about in-game ownership and economies. Source NFTs | OpenSea | News

🔫 Yuga Labs tests its Bored Apes-themed Otherside Metaverse Yuga Labs begins testing its Bored Apes-themed Otherside Metaverse, designed for players to choose their own fun, in the sense that players must regulate their own exposures. This was done to the advantage of a few NFT owners. A variety of responses were received from the users. The product is still in its early stages. In their opinion, all portions of the APES COME HOME exposure were positive, and their children enjoyed it as well. Due to the imagery, the effect was surreal. Source NFTs | OpenSea | News

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🖼 Reddit NFT Avatars Surge Past $1.5M in Daily Trades on Polygon, Hitting New Highs Reddit's venture into non-fungible tokens (NFTs) has marked a significant milestone, with trading volumes of its NFT avatar collection surpassing $1.5 million in the last 24 hours, according to recent data from Polygon and Dune Analytics. This surge accounts for over a third of the collection's total trading volume, which has escalated to $4.1 million since its inception. Concurrently, the platform witnessed a record-setting daily sales volume, with 3,780 digital collectibles exchanging hands, showcasing the growing interest and investment in digital art and collectibles. Source NFTs | OpenSea | News

🔫 Nokia’s 2030 Strategy Aims for Metaverse Expansion Nokia, a telecommunications infrastructure company, expects a surge in network usage due to advancements in the metaverse, Web3, and AI, and aims to address this demand by 2030. In their Technology Strategy 2030 report, Nokia emphasizes the need to develop a future network architecture to accommodate the evolving market for emerging technologies. Source NFTs | OpenSea | News

🖼 Bitcoin leads charge as weekly NFT sales skyrocket to over $423m The Bitcoin (BTC) network registered the most non-fungible token (NFT) sales in the past week, as overall transactions totaled a staggering $423,004,860. According to data compiled by Cryptoslam.io, Bitcoin emerged as the dominant force in NFT transactions, leading the charge with $160.37 million in sales, representing a remarkable surge of 80.45%. Ethereum (ETH) closely trailed behind, with $159.64 million in transactions, marking a respectable 14.41% uptick in ETH-based NFT sales. Source NFTs | OpenSea | News

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🖼 NFT Market Booms With 35% Sales Increase as Cryptocurrencies Rally As the value of cryptocurrencies has risen, the non-fungible token (NFT) market has experienced a 35.14% increase in sales compared to the preceding week. This marks the third consecutive week of sales growth in the NFT sector, with NFTs based on Bitcoin leading the charge throughout this period. Source NFTs | OpenSea | News

💰 Solana NFT market picks momentum, Rebel Satoshi prepares to launch Aside from Ethereum, Solana is a popular NFTs platform. NFTs also form part of the soon-to-be-launched Rebel Satoshi. Solana had inconsistent trading activity in 2023, barely exceeding $40 million monthly for the year’s first half. Things picked up tremendously from October 2023, when the blockchain experienced multi-fold percentages each month. The blockchain has already witnessed over $239 million in sales this January 2024. Source NFTs | OpenSea | News

🖼 Ordinals trader gets Bitcoin back after fat-fingered NFT purchase Bitcoin Ordinals trader recovered their money after making an error purchase of a $13,000 nonfungible token (NFT) on the Bitcoin network. On March 1, a Bitcoin Ordinals trader shared a post on X about how they made their “biggest mistake” since they started trading Bitcoin-based NFTs. The trader thought they bought an NFT for 0.021 Bitcoin worth about $1,287. However, the surprise came after the transaction when the trader realized that the NFT was listed for 0.21 BTC (around $12,877). Source NFTs | OpenSea | News

🖼 Ethereum NFT Card Game 'Gods Unchained' Hits iOS and Android Long-running NFT trading card game Gods Unchained has finally gone mobile. Immutable Games announced Wednesday it has launched the fantasy-based tactical game on iOS and Android devices worldwide. An early access version of Gods Unchained Mobile is now available on the App Store and Google Play Store. It provides a card combat experience on smartphones and tablets, turning the PC and Mac game into one that you can play pretty much anywhere. Source NFTs | OpenSea | News

🖼 ‘Parallel’ Ethereum NFT Card Game Set to Open to the Public Parallel, an NFT trading card game with assets minted across Ethereum and scaling network Base, will make its long-awaited move into open beta on Thursday, February 29, letting anyone jump in and start playing the competitive PC game. Previously available only in a closed beta, Parallel—GG’s pick for the best game of 2023—builds on the foundations of genre giants like Hearthstone and Magic: The Gathering, but with some fresh wrinkles and a distinctive space opera setting. Source NFTs | OpenSea | News

🖼 Post-Bitcoin ETF VanEck Enters NFT Space With SegMint VanEck, a global investment manager, is entering the NFT space with the launch of its new platform, SegMint. The platform is created in partnership with tech firms like Nueva.Tech and Delegate.xyz is geared towards crypto-savvy users in Europe and Asia, specifically excluding those in the United States. The platform’s “Lock & Key Model” is analogous to a high-security vault that allows digital assets to be shared without risking security breaches. Source NFTs | OpenSea | News

🖼 Other Page Brings Enhanced Web3 Profiles to Magic Eden NFT Marketplace Other Page and Magic Eden have announced a collaboration that aims to reinvent profiles within the marketplace by enabling users to customize their avatars and showcase their full Web3 legacy across all of their wallets and communities. Other Page's goal is to simplify profile creation by introducing a universal profile to flex the lore, IP licenses, lineage, club or guild affiliation, full sets, rare assets and inventory, as well as game data and achievements across both digital and IRL experiences. Source NFTs | OpenSea | News

🖼 Ubisoft Taps AI Analytics Firm to Bolster 'Champions Tactics' NFT Game Launch Gaming giant Ubisoft, the publisher behind hit franchises like Assassin’s Creed and Just Dance, is gearing up to launch its first original NFT game, Champions Tactics: Grimoria Chronicles—and has enlisted the services of a leading crypto gaming analytics startup to aid in that rollout. On Tuesday, Ubisoft announced a collaboration with Helika, a firm that provides on-chain and social analytics around games, along with marketing insights and game management functionality. Source NFTs | OpenSea | News

🖼 DeLabs Drops First Batch of NFTs for Upcoming RPG ‘Metabolts’ Today, the South Korean gaming titan Delabs is making waves with the inaugural NFT drop for its highly anticipated RPG, ‘Metabolts’. In anticipation of its 2024 release, the character-based game that emphasizes skill-based strategy is progressively unveiling 7,777 unique in-game NFTs via its official website, metabolts.io. These unique PFPs are available to everyone — including participants in the Private Sale, Whitelist Sale, and Public Sale — presenting an opportunity to acquire rare collectibles with actual utility. Source NFTs | OpenSea | News

🖼 Fabrica and NFTfi Spearhead NFT Loan for Arizonan Real Estate Fabrica, an innovative property management platform that utilizes NFTs, is in the spotlight for facilitating a landmark blockchain-enabled real estate transaction in Sun Valley, Arizona — as highlighted by the investor, Sean Murray, in a recent X post. The land’s current owner, known by the Ethereum address ‘3531.eth’, used their Sun Valley plot as collateral for a loan through Fabrica. In this arrangement, failing to repay the loan will result in the transfer of property ownership to the lender. Source NFTs | OpenSea | News

🔵 Circle and NFT-Driven Game ‘Overdare’ Collaborate on Web3 Wallets and USDC Payouts Stablecoin issuer Circle and South Korean NFT-driven metaverse ‘Overdare’ are teaming up to allow game developers to build in-game Web3 wallets within the platform. The collaboration will also empower game creators to facilitate direct USDC payouts on the platform, as per a Monday announcement. Developed by Krafton, the studio behind PUBG, Overdare is a create-to-earn metaverse game slated for a global launch in the second half of 2024. Source NFTs | OpenSea | News

💰 Solana NFT Sales Reached Massive Milestone as SOL Price Stalls at $100 Solana NFT sales shifted in Nov following stagnation pre-Nov 2023, with ongoing momentum leading to surge in volume. Solana-based nonfungible tokens (NFTs) have reached a significant milestone, surpassing an all-time sales volume of $5 billion, according to data from CryptoSlam. This surge in activity marks a turnaround for the Solana blockchain, which struggled to gain traction in the NFT space just a few months ago. Source NFTs | OpenSea | News

🔫 Kingdom launches heritage metaverse initiative Saudi Arabia’s Ministry of Culture has launched an initiative in the Metaverse, supported by an artificial intelligence system for Generative Media Intelligence, according to the Saudi Press Agency. The dynamic digital environment allows users to discover the Kingdom’s heritage by taking part in simulated activities. The collaboration with droppGroup utilizes Hyperledger Fabric 2.5 blockchain technology. Source NFTs | OpenSea | News

🖼 Audi Announces NFT Release on xNFT Protocol Audi has announced that it will release limited-edition non-fungible tokens (NFTs) through cooperation with xNFT. Chinese media outlets reported the news. German automobile manufacturer Audi has joined the NFT market and is set to release an NFT collection on Aug 10 with the aid of xNFT. The latter announced on Aug 8 that it would mint Audi NFTs on the xNFT protocol. Audi teased a 15-second video with text in Mandarin as a part of the release. Source NFTs | OpenSea | News

📣 Unstoppable and Pudgy Penguins Join Forces to Launch First NFT Community-Focused Web3 Domains Leading web3 domain names and digital identity provider Unstoppable Domains (UD) today announced a new groundbreaking partnership with widely popular Web3 brand Pudgy Penguins, with the addition of ".pudgy," the 10th top-level domain (TLD) in UD's partner portfolio. Pudgy fans and community members can now proudly voice support and display their digital collectibles and .pudgy address on X, as well as earn special Pudgy badges to facilitate unique messaging and interactions within their group. Source NFTs | OpenSea | News

💰 Solana NFTs hit $5B in all-time sales volume Solana-based nonfungible tokens (NFTs) recorded an all-time sales volume of over $5 billion after an uptick in NFT trading activity on the blockchain in the last four months. On Feb. 23, data aggregator CryptoSlam showed that the all-time sales volume for NFTs based on the Solana network is already at $5,013,847,972. The data also shows that the blockchain has over 2.2 million buyers and 1.6 million sellers. Source NFTs | OpenSea | News

💰 NFT Platform Launches Nintendo Emulator on Bitcoin The introduction of this N64 emulator marks a significant stride in leveraging blockchain technology for gaming enthusiasts. Emulators, a crucial component, enable gamers to experience video game consoles on alternative devices without the need to possess or operate the original console. Pizza Ninjas emphasizes the pivotal role played by Google’s Brotli Compression method in enabling the encoding of progressively larger items. Source NFTs | OpenSea | News

🔫 Forbes Sets New Standard for Metaverse Experiences Forbes has made its entry into the metaverse by launching a virtual space within The Sandbox Game, a platform allowing users to experience virtual worlds and games. This space is not accessed via a headset but through a computer, resembling games like Minecraft or Second Life. Forbes’ virtual world features a luxurious clubhouse, complete with an outdoor dancefloor and a yacht modelled after Malcolm Forbes’ Highlander party boat. Source NFTs | OpenSea | News

💰 Solana NFT sales volume drop, NuggetRush crosses $2.3m in presale In the latest news from the world of non-fungible tokens (NFTs), the Solana network recently experienced a shutdown. Still, it is now back up and running. The team behind Solana is currently investigating the cause of the problem. This downtime negatively impacted the value of Solana’s own currency, SOL, and the trading volume of trending NFTs on Solana. Source NFTs | OpenSea | News

💰 Shiba Inu Exploits DN-404 Standard for Latest NFT Endeavour Shiba Inu has launched its latest NFT endeavor, SHEboshis, presenting an exciting opportunity for both Shib fans and the broader blockchain community. Harnessing the power of the DN-404 standard, SHEboshis masterfully combine the strengths of ERC-20 and ERC-721, weaving together the worlds of fungible and non-fungible tokens. Such a pioneering approach opens up unprecedented avenues for possession and trading, enriching the landscape with enhanced liquidity and potential for fractional ownership. Source NFTs | OpenSea | News

🖼 Sports Illustrated moves NFT ticketing platform to Avalanche The ticketing arm of the United States-based sports magazine Sports Illustrated announced it is moving its nonfungible token (NFT) ticketing platform called “Box Office” from the Polygon blockchain to Avalanche almost 10 months after its launch. On Feb. 20, SI Tickets announced a collaboration with Ava Labs, the developers of the Avalanche network. The partnership will allow the NFT ticketing platform to mint their NFT tickets using the Avalanche blockchain. Source NFTs | OpenSea | News

🖼 A trader just made $13m selling an early Ethereum NFT collection A high-value NFT trader has just realised a $13 million profit after selling 10 early Ethereum NFTs they bought three years prior. The pseudonymous trader, who goes by the name OldSchoolCollection on NFT marketplace OpenSea, bought 10 NFTs from the Autoglyphs collection for a combined $1.4 million in February 2021. Today, OldSchoolCollection sold the same 10 Autoglyphs for 5,000 Ether — worth around $14.5 million — to a private collector via NFT brokerage platform Fountain. Source NFTs | OpenSea | News

🖼 Arcade Unveils 3M ARCD Token Airdrop for NFT Collectors Arcade recently announced its “Clash of Claims” airdrop plan on Medium, to disperse ARCD tokens to 4,000 wallets. Each of these wallets will have the opportunity to claim 750 ARCD tokens. The snapshot for this initiative will be taken on February 19 at 8:00 pm UTC. Distribution of tokens will occur in two stages: whitelist and public claim. In the whitelist stage, Arcade intends to randomly pick 2,000 wallets during the snapshot. Source NFTs | OpenSea | News

🔫 L’Occitane celebrates Ramadan with metaverse shop L’Occitane en Provence, which opened a holiday virtual store based on the Emperia metaverse platform in November 2023 and launched an immersive, interactive metaverse shopping experience based on Emperia in July 2023, is now partnering with Emperia to open a metaverse store in honor of the Islamic holiday of Ramadan. Source NFTs | OpenSea | News

🔫 Roblox builds real-time AI translation tool for metaverse platform Gaming platform Roblox is developing a multilingual translation model to support real chat conversations on the metaverse platform using artificial intelligence (AI). The company shared in a blog post that it achieved the feature by deploying a large language model (LLM) with advanced functionalities to support 16 languages on Roblox. The AI-based translation feature allows Roblox’s 70 million daily users to communicate with each other in real time without lag. Source NFTs | OpenSea | News

💰 SHIBA INU TEAM ALERTS COMMUNITY ON UPCOMING NFT LAUNCH The Shiba Inu ecosystem team recently issued an important alert to its community members as anticipation builds for introducing a new project. In a statement made by Lucie, the marketing specialist for Shiba Inu, it was clarified that the much-anticipated project known as “The SHEboshis,” a collection of ERC-404 tokens and NFTs, has not yet been launched. Source NFTs | OpenSea | News

🖼 Pudgy Penguins Outpace Bored Ape Yacht Club in NFT Market Shakeup The recent data from Parsec Finance revealed that the floor price of Pudgy Penguins soared to 22.2 ETH, surpassing BAYC’s floor price, which dipped to 22.1 ETH. Although the lead was brief, this shift is significant in the NFT community, marking a shift in collector interest and market trends. NFT space, celebrated this milestone on social media, attributing Pudgy Penguins’ success to strategic leadership and active community engagement. Source NFTs | OpenSea | News

🖼 Animoca Brands’ Yat Siu sees NFTs as a way to protect ownership in the age of AI NFTs don’t always get taken very seriously, particularly now that AI and content creators are hogging the spotlight, but not everyone is so quick to discount crypto’s oft-derided younger sibling. According to Animoca Brands’ chairman and co-founder, Yat Siu, the growing influence of artificial intelligence and content is exactly why there is a growing need for NFTs in the world. Source NFTs | OpenSea | News

🖼 NFT-themed Cuban restaurant opens Miami's newest Cuban restaurant has an unlikely mascot: a cartoon-ape NFT from Hialeah. Bored Cuban opened yesterday on South Le Jeune Road, offering fast-casual snacks like flatbreads and "Cuban-style" Pop-Tarts. The name is inspired by the Bored Apes Yacht Club collection of non-fungible tokens, or NFTs, digital works of art featuring drawings of apes. Source NFTs | OpenSea | News

🔫 National Basketball Players Association unveils metaverse experience with MeetKai MeetKai and National Basketball Players Association (NBPA) are launching their metaverse experience ahead of the NBA All-Star Weekend. Los Angeles-based MeetKai joined forces with Think450, an innovation partner for the NBPA, to build the metaverse experience for fans engage with their favorite NBA teams and players. Starting today, guests can enter the virtual space created with MeetKai’s metaverse platform on their mobile and desktop devices. Source NFTs | OpenSea | News

🖼 Empire State Building Unveils NFT-Powered Ambassador Program The globally renowned Empire State Building has introduced a groundbreaking NFT-powered Ambassador Program in collaboration with web3 loyalty platform Uptop and web3 wallet provider Magic. The program is centered around the Empire State Building Observatory Experience, owned and operated by the Empire State Realty Trust. It aims to seamlessly offer members complimentary experiences and digital collectibles in a visitor-friendly manner without the need for prior web3 expertise. Source NFTs | OpenSea | News

#Bitcoin analysis in the daily time frame: The price has crossed the important level of $47000 - $52000 and the next main target is expected to be the price of $70000 . Of course, before reaching this price, it is possible that the price will decrease to the specified level and then perform a good pump. @Altcoin_Charts

🔫 Magic Eden wallet introduces NFT minting feature, with a free Claynosaurz drop NFTs has typically required engaging with several tools and platforms. However, a fresh announcement reveals that users now have the streamlined ability to mint NFTs directly within the Magic Eden wallet. This simplification comes as a boon for NFT creators and collectors alike, and to mark this milestone, Magic Eden, in collaboration with Claynosaurz, is offering a free Open Edition NFT drop, exclusive to Magic Eden Wallet users. Source NFTs | OpenSea | News

🔫 Metaverse studio announces new launch into Asia's largest Metaverse Platform ZEPETO Karta, an award-winning Metaverse studio ‘pioneering’ the world of in-game experiential marketing, has launched its own studio dedicated to creating bespoke in-game experiences in ZEPETO, Asia’s largest Metaverse platform. Karta aims to bring its signature of “visually stunning” experiences and results-driven approach to the fashion-focused avatar platform, with the first project for a global major brand already in production. Source NFTs | OpenSea | News

🖼 DN404, a new hybrid NFT standard challenges ERC-404 A new non-fungible token standard, DN404, or “Divisible NFT 404,” has been introduced, challenging the ERC-404 standard with its innovative approach. This hybrid standard is poised to enable more flexible and efficient transactions within the NFT space, allowing users to own and trade parts of an NFT, according to the developer behind DN404. Source NFTs | OpenSea | News

🖼 SharkyFi Leads NFT-Fi Market with 88% Share SharkyFi’s dominance in the market is a testament to its robust platform, innovative features, and the trust it has garnered from users. Its platform lets NFT owners access funds without losing asset ownership, attracting many users. Behind SharkyFi, Citrus occupies the second position with a 9.5% market share. Although significantly smaller in comparison, Citrus has made notable strides in carving out its niche within the NFT-Fi space. Source NFTs | OpenSea | News

🖼 Pudgy Penguins NFTs Top $50K—Will They Flip Bored Apes? Ascendant Ethereum NFT project Pudgy Penguins now boasts a floor price within striking distance of once-dominant collection Bored Ape Yacht Club. At one point on Sunday afternoon, the lowest price one could pay for a Pudgy Penguins NFT rose to 21.5 ETH, or just over $54,850 at writing, according to data from NFT Price Floor. At that same moment, Bored Ape NFTs sold for a minimum price of 22.8 ETH—a sum worth just north of $58,000 at current prices. Source NFTs | OpenSea | News

🪙 Ethereum NFTs rally with EtherRock and BAYC leading sales Ethereum-native nonfungible tokens (NFTs) are starting to make a comeback, following growing NFT sales figures this week. Wrapped Ether Rock #46 sold for $496,658 on Monday, four days after Bored Ape Yacht Club (BAYC) #1726 was sold for $668,297, according to NFT data aggregator CryptoSlam. These represent the second and third-largest sales of the month, following the $1.53 million sales of CryptoPunk #5363 on Jan. 31. Source NFTs | OpenSea | News

🖼 Tom Brady NFT Fetches $40K as Super Bowl Legends Hype Digital Collectibles The NFL All Day digital collectibles brand, developed by Dapper Labs, entered Super Bowl weekend with a surge of momentum. The sports-themed, digital-collectible brand issued promotional packs of NFTs during the NFL playoffs in January, resulting in several high-profile sales. Notably, a non-fungible token featuring Tom Brady fetched over $40,000, while a similar NFT featuring quarterback Aaron Rodgers sold for $34,000, according to Dapper Labs. Source NFTs | OpenSea | News

🔫 Metaverse in Finance Market is Booming Worldwide According to HTF Market Intelligence, the Global Metaverse in Finance market to witness a CAGR of 9.2% during the forecast period (2024-2030). The Latest Released Metaverse in Finance Market Research assesses the future growth potential of the Metaverse in Finance market and provides information and useful statistics on market structure and size. Source NFTs | OpenSea | News

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🔫 5G-enabled AR-animated avatar calls for the metaverse Rohde & Schwarz and Slalom are collaborating to realize 5G-enabled AR-animated avatar calls for metaverse and extended reality (XR) applications, considered critical to unlocking the full consumer potential of the 5G technology. The duo are developing essential tools to test XR use cases thoroughly prior to market launch and will demonstrate how to enable tomorrow’s augmented reality at MWC 2024. Source NFTs | OpenSea | News

🔫 India’s Kochi City Partners with START LAND Inc. for Metaverse Expansion Kochi City in Kochi Prefecture has embarked on a groundbreaking initiative to harness the potential of the Metaverse, with a strategic focus on developing markets in product sales and tourism. The city recently formalized a comprehensive collaboration agreement with START LAND Inc., a prominent operator of virtual spaces, to leverage digital technology for regional revitalization. Source NFTs | OpenSea | News

🔫 Apple is poised to bring metaverse mainstream and dominate the market Apple’s biggest new hardware launch in decades happened on Feb. 2 when the Vision Pro spatial computer hit the United States market. Based on the reported preorder sales and the company’s history of hardware hits, there are plenty of reasons for metaverse enthusiasts to be optimistic for the future. The Apple Vision Pro is a spatial computing device that takes the form of an augmented reality headset. Source NFTs | OpenSea | News

🖼 Doodles and G-Shock Collabs for a NFT-Inspired Watch Collection Doodles, the digital asset firm renowned for its vibrant and sought-after NFT collection, has joined forces with G-Shock, the luxury watch brand known for its durable and innovative designs. This partnership aims to launch an NFT-inspired watch collection that is not only a nod to the digital future but also a testament to the enduring appeal of high-quality craftsmanship. Source NFTs | OpenSea | News

🖼 Sotheby’s to Auction Ether Rock NFT in Sealed Bid Event Sotheby’s has announced that it is presenting Ether Rock, an early NFT collectible as a Sealed Auction, which will take place from February 14 to February 21. Only the bid that a person has to select the amount to bid and click “Place Bid,” submitted bid will be visible. The top bidder will be the one whose bid exceeds the current high bid. If not, the bidder will be able to see where their current bid stands, but not how much more they must bid to win the lot. Source NFTs | OpenSea | News

🖼 9GAG CEO buys Stephen Chow NFT at 3,155% premium to floor price Ray Chan, the Hong Kongese co-founder and CEO of entertainment platform 9GAG, has purchased a Stephen Chow "Nobody" nonfungible token (NFT) at a price of 19.527 Ether ($47,300), representing a 3,155% premium over the collection's current floor price of 0.6 Ether ($1,450). The Nobody 889 "Monkey King" themed NFT has a special Sun trait present in less than 0.01% of the collectible series. Source NFTs | OpenSea | News

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🖼 Stephen Chow’s “Nobody” NFTs Reach 10,000 ETH in Trading Volume Hong Kong movie director Stephen Chow launched an NFT collection titled “Nobody” on February 1 which has already reached nearly 10,000 ETH in trading volume on Opensea. At the time of writing, the collection has experienced trading activity of over 9,878 ETH (~ $22.8 million) with a daily volume of 2,699 Ether. In an X post published on February 7, Chow asked his followers for suggestions regarding potential Nobody community events. He also changed his profile picture on X and Instagram to a Nobody Avatar. Source NFTs | OpenSea | News

🔫 Elastos joins forces with The Metaverse Bank According to the official press release, the service is set to cover a range of applications, from eKYC banking verification to educational qualifications. Including professional references, age, resident or fiscal status, or any other credential that may be required. The decentralised verification process offers individuals complete autonomy over shared information, eliminating intermediaries. This ensures full control and privacy, with no data exchange or retention by third parties. Source NFTs | OpenSea | News

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🔫 Roblox Builds In-House LLM to Bring Real-Time Chat Translation to Metaverse Roblox, an online gaming platform, has developed an AI-enabled real-time translation system that allows gamers to communicate via text with one another despite speaking different languages. The “unified translation model” is able to translate text messages at a base latency of 100 milliseconds, making for a seemingly seamless, instantaneous messaging process. Source NFTs | OpenSea | News

🪙 Polkadot Sets New Record For NFT Minting Speed Web3 protocol Polkadot has set a new blockchain speed record, minting 4,930 NFTs per minute, beating previous records set by Solana and Polygon. The record was achieved during an NFT drop for interactive storytelling game Forever Has Fallen, utilising Polkadot’s Unique Network parachain, which is tailored for composable NFTs. Source NFTs | OpenSea | News

🔫 Roblox Introduces Real-Time AI Translation on Metaverse to Overcome Language Barrier Roblox revealed it has added automatic chat translations into its metaverse to allow users around the world to communicate without a problem, regardless of the language they speak. The new AI-based feature provides real-time translations of chat messages among users.According to CoinTelegraph, Roblox's artificial intelligence technology, which it calls the "unified translation model," currently supports 16 languages. Source NFTs | OpenSea | News

🖼 Japan Airlines and Hakuhodo to launch NFT collection Japan Airlines Co., Ltd. (JAL) and Hakuhodo Inc have partnered to develop a joint collection of non-fungible tokens (NFTs). According to a blog post by KOKYO NFT, the initiative, scheduled to launch in February 2024, aims to convert unique experiences from six regions of Japan into non-fungible tokens. In parallel with the upcoming challenge, an advertising campaign uses dynamic origami-themed NFTs. Source NFTs | OpenSea | News

🪙 Ethereum NFT collections outgrew ETH in January January marked a month of growth; however, it was mainly for NFT collections. While ETH gained ~2% in the previous month, some of the top NFT collections grew more. For instance, Nansen NFT-500 and Blue-Chip 10 registered a growth in their value of 9.35% and 9.76%, respectively. ETH alone, the crypto is down by 1.09% in the last 24 hours, trading at $2,269.61. It further reflects an increase of 1.55% in the last 7 days and a fall of 1.38% in the last 30 days. Source NFTs | OpenSea | News

🔫 ‘Parallel’ Teases Open Beta Plans as New Ethereum NFT Cards Launch Parallel, the NFT card-battler that Decrypt’s GG named as its 2023 game of the year, may soon be launching to a much larger audience amid teases of an open beta launch on the horizon. Currently available in a closed beta test that’s gradually letting more players in, Parallel said on Twitter (aka X) late Wednesday that info on the open beta is coming “soon.” Source NFTs | OpenSea | News

🇯🇵 Japan Education Ministry Plans to Use Metaverse to Help Foreign Students Find Jobs After Graduating The government plans to utilize the metaverse in a program to make it easier for exceptional foreign students to stay in Japan and enter the work force after graduating. The government has set a target employment rate of 60% for foreign students in Japan by the end of 2033. The rate rose steadily from 31.9% in fiscal 2013 to 48.0% in fiscal 2018, but has since leveled off, and was 46.5% in the latest available statistics from fiscal 2021. Source NFTs | OpenSea | News

🖼 From NFT Punchline to $8 Million Raise, ‘Pixelmon’ Preps for MON Token Launch Pixelmon began its crypto odyssey as one of the most egregious examples of NFT FOMO, as collectors shelled out $70 million for knockoff Pokémon creatures that were so ugly, even the game’s founder called the artwork a “horrible mistake.” But two years and an ownership change later, between a fundraise and an impending token launch, Pixelmon is gunning to have a big 2024. Source NFTs | OpenSea | News

🔫 H&R Block Brings Block City to the Minecraft Metaverse Today H&R Block (NYSE: HRB) announced the launch of a new tax-themed gaming experience in Minecraft that kicks off on Saturday, Feb. 3 with a live-streamed Minecraft Competitive League (MCL) competition at 2 p.m. EST. “Gaming and taxes are an unlikely pairing, which is exactly why we wanted to do this,” said Jill Cress, chief marketing and experience officer, H&R Block. Source NFTs | OpenSea | News

🖼 Starbucks Korea's NFT initiative saves 600,000 disposable cups Starbucks Korea announced on Thursday that its recent NFT eco-project, designed to promote reusable cup adoption, has led to saving approximately 600,000 disposable cups from use over a two-week period from Jan. 16. With around 600,000 eco-stamps distributed among 260,000 active participants, orders for personal cups surged by 49 percent on the app, while overall usage increased by 32 percent. Source NFTs | OpenSea | News

🖼 ‘Quantum Cats’ Launch Faces Technical Glitches, Taproot Wizards Postpones NFT Sale “Quantum Cats” Bitcoin NFTs was marred by technical issues, forcing the company to postpone the sale. Despite an initially successful minting of nearly 1,000 cats, server overload led to an unexpected delay, causing frustration among eager buyers. Source NFTs | OpenSea | News

🖼 Starbucks Korea's new NFT service boosts consumers' tumbler use Starbucks Korea's new non-fungible tokens (NFTs) are boosting its customers' use of tumblers and contributing to the brand's environmental initiative by reducing demand for single-use cups, the coffee franchise said Thursday. The company said it saved around 600,000 single-use cups within two weeks since launching the service on Jan. 16. It saw a 49 percent year-on-year increase in the number of customers using tumblers when placing orders via Siren Order, the company's mobile order system. Source NFTs | OpenSea | News

🖼 CoinDesk Brings Back 'Microcosms' NFT Consensus Ticket CoinDesk has reopened minting of Microcosms, an NFT that rewards holders with tickets to Consensus for three years as well as other perks. Minting opened on Wednesday, Jan. 31, at 1 p.m. ET (18:00 UTC) at the price of 1 ETH and will remain open until Thursday, March 14, at 1 p.m. ET or until the collection sells out, whichever comes first. Source NFTs | OpenSea | News

🖼 SBINFT Launches New NFT Marketing Platform to Bring Brands into Web3 SBINFT began as just another marketplace for digital art NFTs, they took a pivotal step in June 2023 with their partnership with the Oasys blockchain. This moved their focus from artwork collecting towards the lucrative world of blockchain gaming NFTs. By rebranding its marketplace and gearing up to onboard top gaming developers, SBINFT positioned itself at the cutting edge of the industry. Clearly, their leadership did their homework and recognized where real value and growth would emerge. Source NFTs | OpenSea | News

🔫 EA CEO Suggests an EA Sports Metaverse Is in the Works The latest to discuss these ideas is Electronic Arts, with CEO Andrew Wilson responding to a question during today's earnings call about a potential EA Sports metaverse with what sounds a heck of a lot like a concrete plan to make one in the near future. Source NFTs | OpenSea | News

🖼 Magic Eden debuts ‘Emmy’, a multi-chain wallet for streamlined NFT trading NFT marketplace Magic Eden has launched its web3 wallet Emmy, featuring multichain compatibility for improved utility. The new wallet broadens the scope of compatibility, functioning seamlessly with Solana, Bitcoin, Polygon, and Ethereum, and is tailored specifically for users active in the NFT marketplace and those engaged in cross-chain collecting. Source NFTs | OpenSea | News

🖼 Pudgy Penguins’ Ambitious NFT Licensing Tool ‘Overpass’ NFT leader Pudgy Penguins introduces a groundbreaking method for intellectual property (IP) licensing via its ‘Overpass’ tool, removing the complexities of traditional Web2 licensing structures. By collaborating with SaaSyLabs — renowned for its work on Yuga Labs’ ‘Made by Apes’ platform — the celebrated NFT project now makes it possible for NFT owners to license their IPs for merchandise hassle-free. Source NFTs | OpenSea | News

🔵 OpenSea Is Down 96% In Sales From ATH The non-fungible token market downturn experienced in the past two years continues to impact more NFT projects. OpenSea, one of the leading NFT market platforms, is the latest NFT project hinting about selling the project to potential buyers over the poor performance concerns. In an exclusive interview with DL News on Friday, Devin Finzer, the Chief Executive Officer of OpenSea NFT marketplace, revealed that OpenSea has received acquisition intentions and remains open to potential acquisitions. Source NFTs | OpenSea | News

@CryptoWorldNews

🔵 NFT Giant OpenSea Keeps Options Open for Potential Acquisition The collapse of the non-fungible token (NFT) market last year dealt a blow to OpenSea, raising questions about its once staggering $13.3 billion valuation. Now, the popular NFT marketplace is at the center of acquisition discussions, with CEO and co-founder Devin Finzer expressing an open-minded approach to potential deals, including the possibility of being acquired itself. Source NFTs | OpenSea | News

🔫 Meta urges TRAI to set up regulatory sandboxes for metaverse ⚫️ @MetaverseNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @TradingNews 📊 @StockNews

🖼 iSHANG and Earth Exchange Launch Eco-Friendly NFT Staking Initiative iSHANG, Coinstreet Group’s Web3 branch, in collaboration with Earth Exchange, has launched an innovative NFT Staking Program. This initiative is a response to the 2023 COP28 climate conference in the UAE and represents a significant step towards environmental sustainability. This new token, adhering to UN Climate Standards, establishes a value for each digital carbon unit, ensuring authenticity and preventing fraud. Source NFTs | OpenSea | News

🔫 CEO Pioneers VR Meetings to Revolutionize Remote Work Culture In an ambitious move to transform remote work culture, Jussi Havu, CEO of Glue Collaborations in Helsinki, has introduced virtual reality (VR) meetings as a regular part of the workweek. The company wants to bring VR into regular offices to help with the challenges of remote work. XR technology is becoming popular for making meetings better, especially for small groups that need focus. Source NFTs | OpenSea | News

🇨🇳 Chinese metaverse tech company Semidux (Cayman) Holding files for a $17 million US IPO Semidux (Cayman) Holding, a Chinese provider of products and services for metaverse computing infrastructure, filed on Friday with the SEC to raise up to $17 million in an initial public offering. Its offerings encompass chips, customized servers, and cloud gaming terminals, as well as computing resource optimization software, technical and maintenance services, and server rentals, which cater to the evolving needs of the metaverse industry. Source NFTs | OpenSea | News

🖼 FC Barcelona denies rumors of the auction of Alexia Putellas' NFT FC Barcelona has issued a statement denying information from the newspaper 'Ara', which claimed that the buyer of an Alexia Putellas NFT had a direct connection with the Barça Vision project. This Friday had trascended in the newspaper 'Plough' an information that suggested that the person that bought the digital work (NFT) of Alexia Putellas, captain of the FC Barcelona and twice winning of the Balloon of Gold, was directly related with the project of Barça Vision. Source NFTs | OpenSea | News

🖼 Ronaldo Plays with His NFT Collection Holders in Binance Event Cristiano Ronaldo is keeping his promises to nonfungible token (NFT) holders. On January 25, Binance shared a video featuring Ronaldo enjoying a football game with fans and NFT holders, joined by Binance partner Khaby Lame and Croatian footballer Maria Marković. Ronaldo’s participation is part of a long-term NFT partnership established in 2022, resulting in the launch of his initial NFT collection in collaboration with Binance. Source NFTs | OpenSea | News

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🤟 $7 Million Fee Award Tacked Onto Bored Ape NFT Trademark Win Two artists must pay Yuga Labs Inc. $7 million in attorneys fees on top of a $1.4 million trademark award for creating look-alike Bored Ape Yacht Club nonfungible tokens, a California federal judge ruled. Ryder Ripps and Jeremy Cahen stipulated to a special master’s recommendation of the fee amount becoming the court’s judgment while reserving the right to appeal, according to an order Judge John F. Walter filed Tuesday in the US District Court for the Central District of California. Source NFTs | OpenSea | News

💰 Polygon NFT trading volume breaks $100 million thanks to Gas Hero Polygon has broken $100 million in NFT trading volume in January 2024, up more than 50% compared to December 2023 and higher than any month during 2023, when February noted the highest number of NFT sales just above $69 million. Source NFTs | OpenSea | News

💰 Solana’s NFT trading volume sees a 25% weekly rise Solana’s non-fungible tokens (NFTs) weekly trading volume surpassed $62 million, showing a 25% rise according to on-chain data aggregator CryptoSlam. After a slow January start, Solana (SOL) NFT activity seems to be picking up, with almost $190 million in trading volume this month. Source NFTs | OpenSea | News

🖼 Royalty-embedded blockchains can help NFT artists get paid Blockchains with royalties embedded within their code can guarantee that creator royalties will be respected, according to professionals working in Web3. Nonfungible token (NFT) creators losing out on royalties was one of the most important issues that the space faced in 2023. As marketplaces experimented with the optional royalties model last year, creators lost out on millions of dollars that they could have earned for their NFT collections. Source NFTs | OpenSea | News

🍵​​ tea announces Incentivized Testnet Date of February 21 🍵 tea is a decentralized technology protocol that rewards open-source developers for their software contributions and non developers to participate in the open-source economy. The tea protocol was co-founded by Max Howell, the creator of Homebrew—the software package manager used by tens of millions of developers worldwide. 🚀 The long awaited Incentivized Testnet will kick off February 21st with weekly challenges for developers and non developers to participate in. The ITN is a critical step to ensure the stability of the tea protocol and the rewarding of OSS developers. There is a limited time to sign up to participate in ITN so make sure you sign up today with the link below! Join now 👉🏼 https://tea.xyz/?utm_source=direct&utm_medium=organic&utm_campaign=testnetdate_campaign&utm_kol_name=nftcryptoupdates

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🖼 'Treeverse' Studio Endless Clouds Picks Immutable zkEVM for Its NFT Games Game studio Endless Clouds is working with Immutable to launch two of its upcoming games, Treeverse and Capsule Heroes, on Immutable’s anticipated zkEVM blockchain, the firms announced Tuesday. The two titles will offer alpha and beta early access launches and will support the Immutable Passport, Immutable’s single sign-on crypto wallet. Immutable zkEVM is an upcoming Ethereum scaling network based on Polygon's zkEVM technology. Source NFTs | OpenSea | News

🖼 CryptoPunk sells for $500K, NFT volume rallies 17% ⚫️ MetaverseNews 💰 BitcoinNews 🔵 EthereumNews 🍰 AltcoinNews ⚫️ TradingNews 📊 StockNews

❕ Unstoppable Domains launches hub in The Sandbox Web3 domain provider Unstoppable Domains has announced its entry into The Sandbox with a new game titled Unstoppable Meta Cube Experience. Co-developed by Funguy Games-creator Tuschay Studios and BoopGoop, Unstoppable Meta Cube Experience is a live multiplayer game where up to four players claim territory by coloring tiles on a game map. Source NFTs | OpenSea | News

🇨🇳 China Pushes Metaverse Standardization Group to Establish the Rules of the Yuanverse The government of China has announced the creation of a metaverse standardization working group to establish different rules to govern the Chinese Yuanverse platform. The standardization group will be integrated by Chinese universities, government institutions, and companies like Tencent, Huawei, Baidu, Netease, and Sense Time. Source NFTs | OpenSea | News

🖼 NELK boys accused of “NFT Scam” comparable to Cryptozoo scandal The NELK Boys have been called out by YouTuber Spencer Cornelia for an alleged “NFT scam” involving the group’s Nelk Metacard NFT. NFTs were all the rage several years ago, with influencer group NELK Boys promoting their NFT Metacard as “one of the biggest brands in Web3”. Following the release of the Nelk Metacard NFT in January 2022, the company earned over $23 million in revenue and sold out in less than ten minutes. The company also promised “way more NFTs” after the Metacard’s initial launch. Source NFTs | OpenSea | News

🖼 Collection of NFTs kicks off Carnival with reimaginations made by AI This Sunday (21), the collection of non-fungible tokens (NFTs) “Artificial Carnivals” was announced through the CryptoRastas profile on X (old Twitter). Available for broadcast in four different marketplaces, the collection uses artificial intelligence (AI) to imagine “carnivals that never were, but could have been”, and is authored by Pepe Garcia, who wrote, artist known for his photographic work published through the persona Cartie Bression. Source NFTs | OpenSea | News