Search Results for "nfts"
Moca Network Unveils MocaPortfolio: $20M Token Distribution for MOCA Coin and NFT Holders
Moca Network, part of Animoca Brands, launches MocaPortfolio offering $20 million in token allocations to MOCA Coin and Mocaverse NFT holders, enhancing community engagement and financial literacy.
Neptune GM NFTs Launch: VeBetterDAO Unveils Ninth Tier in Cosmic Series
VeBetterDAO introduces Neptune GM NFTs, marking the ninth tier in its cosmic journey with enhanced rewards and governance for dedicated members.
Chainlink Unveils Constellation: A Grand Hackathon Event
Chainlink announces its largest hackathon, Constellation, from November 8 to December 10, 2023, with a $350,000 prize pool across seven core tracks. This event follows the trajectory of growth from Chainlink's inaugural hackathon in 2020. The hackathon is open to Web3 engineers of all experience levels and covers a broad spectrum of blockchain applications. It not only serves as a competition but a learning platform offering extensive educational resources and technical support to participants.
First Jury Hearing in OpenSea Insider Trading Case
Former OpenSea product manager Nathaniel Chastain faces charges of wire fraud and money laundering for allegedly using insider knowledge to buy and sell NFTs for a profit. The case may have a significant impact on the legal classification of NFTs, with concerns that they could be labeled as securities.
What is Bitcoin Ordinals?
Bitcoin Ordinals, introduced in January 2023 by Casey Rodarmor, are a way to inscribe digital content on the Bitcoin blockchain.
Korea's Gaming Giants Double Down on NFTs: Can Seoul Lead Web3 Gaming?
South Korea's gaming giants are embracing NFTs and Web3, positioning Seoul as a potential leader in decentralized gaming despite regulatory challenges.
Cryptocurrency Soars in Q1 2023
CoinGecko's Q1 2023 Crypto Industry Report shows Bitcoin as the best-performing asset, with a gain of 72.4%. DeFi and NFTs have also surged, while stablecoins saw a drop in market cap due to Binance USD shutdown and USDC depeg. The overall market capitalization reached $1.2 trillion at the end of Q1.
Magic Eden Embraces Compressed Solana NFTs
Magic Eden has introduced cNFTs, a cost-effective form of NFTs exclusive to the Solana blockchain. These compressed NFTs allow creators to produce content on a larger scale without the high cost of traditional NFTs. Despite criticism, Magic Eden clarified that they didn't create cNFTs, but integrated support for them. Developers need to understand Merkle trees and use specialized tools for minted NFTs.
Reddit Avatars on Polygon Blockchain
Reddit has launched the third generation of its blockchain-based digital collectibles, Reddit Avatars, on the Polygon blockchain. The release has generated excitement and predictions of quick sellouts, but some users have criticized the payment process.
Spotify Says Testing New Feature to Allow Artists Promote NFTs
Music streaming platform Spotify is planning to add support for NFTs in the future.
Fundraising by Crypto Companies Accounts for $8.2B in Q3
A study says that as cryptocurrencies continue gaining steam, crypto companies raised capital worth $8.2 billion in the third quarter of 2021.
NFT Collectors Buy for Status and Uniqueness
A recent survey by Metajuice found that 74% of NFT collectors buy for status and uniqueness, while 13% plan to resell. Real Vision CEO Raoul Pal believes NFTs are becoming status symbols like luxury cars and houses.
