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🖼 NFT marketplace Sudoswap's airdrop is now live
Sudoswap, an NFT marketplace that allows for the instant buying and selling of NFTs, has airdropped and launched its sudo token. Eligible users are able to claim their airdropped tokens, while holders of xmon tokens – created along with the oxmon NFT collection by the founders of Sudoswap. Users who were early liquidity providers on Sudoswap and 0xmon NFT holders are also eligible for the drop. Sudoswap is taking a new approach compared to other NFT marketplaces like Opensea, aiming to address the inability of other marketplaces to instantly sell NFTs like a traditional, fungible token. Sudoswap's technology is an Automated Market Maker (AMM) based model, similar to traditional decentralized exchanges, but for NFTs. according to The Block Research Director Steven Zheng.
NFTs | OpenSea | News
⚡️ The Metaverse IRL: Solving Healthcare Disparities With Doctors’ Digital Twins
The metaverse is not yet changing the world – but it’s increasingly changing, even saving, lives. This, as immersive experiences at the intersection of physical and digital are making incremental progress in solving critical, real-world problems within healthcare. No matter where we may be in the so-called metaverse hype cycle, the sheer scale of opportunity presented by the prospect of a bridge between the virtual and real world, and its accompanying suite of foundational technologies — including artificial intelligence (AI), virtual reality (VR), augmented reality (AR), and real-time advanced connectivity — is difficult to ignore.
NFTs | OpenSea | News
🇦🇪 DIFC Metaverse Platform launched to promote Dubai as global metaverse leader - News
Dubai International Financial Centre (DIFC) on Monday announced the launch of the ‘DIFC Metaverse Platform’, in line with the Dubai Higher Committee for Future Technology and Digital Economy’s aim to attract technology innovators from around the world. The DIFC Metaverse Platform is aligned with the Dubai Metaverse Strategy, which aims to add $4 billion to Dubai's GDP, support 40,000 virtual jobs by 2030 and attract 1,000 companies specialised in blockchain and metaverse technologies. The platform also supports the objective of the recently launched Dubai Economic Agenda D33 to generate economic value worth Dh100 billion from digital transformation annually. The platform is part of a comprehensive strategy being developed by DIFC.
NFTs | OpenSea | News
⚡️ IIC: Industrial Metaverse is one of the most promising machine economy use cases
Two leading tech firms co-authored an Industrial IoT Consortium (IIC) article introducing the machine economy, a new IoT digital transformation frontier that, according to PwC, will contribute to 70% of the global Gross Domestic Product (GDP) in the next seven years. In a convergence of artificial intelligence and blockchain technology, the machine economy could contribute up to $15 trillion to the global economy by 2030, a PwC report said. The Research conducted by IoTeX and Siemens explores why IoT and distributed ledger technology (DLT), such as blockchain, will enable machine economy growth and unlock new opportunities for IoT manufacturers and end-users.
NFTs | OpenSea | News
⛵️ NFT Collector Sues OpenSea NFT In Court After Falling Victim To Phishing Scam
Robbie Acres, an NFT collector, filed a lawsuit against OpenSea NFT Marketplace for having his account locked after a scam. The collector lost his collections to a phishing scam, and he is angry with the NFT marketplace for not reacting to his complaint. The collector’s top attorney, though, asserted that Acres’ case wasn’t the only one. The attorney claims that a number of other OpenSea users had similar troubles and that the platform ignores some problems. Robbie Acres claimed that once his NFTs were stolen in a phishing scam, he immediately reported the incident to OpenSea. However, it took 48 hours for the market to react, during which time the thief sold his belongings for less money.
NFTs | OpenSea | News
⚡️ Hume Acquires Multi-Platinum Producer's NFT Project, Blocktones
Hume, a Web3 entertainment company pushing the boundaries of virtual artists and music, today announced that it has acquired Blocktones, a Web3 music startup founded by Grammy-winning, multi-platinum producer Gino Borri, “Gino The Ghost,” and industry-leading show designer and director Michael Mauro. Launched in 2022, Blocktones is a multimedia interactive NFT project that fuses generative audio and 3D images of the industry’s biggest producers and renowned digital artists, like 7x Grammy-winning producer, Federico Vindver, with special guests Timbaland, Illmind, and Trap Money Benny.
NFTs | OpenSea | News
⚡️ First NFT Trademark Trial Pits Hermès Against MetaBirkin Artist
French luxury design house Hermès International SA’s upcoming trademark trial against digital artist Mason Rothschild—the first of its kind—will test the boundaries of artistic expression and how nonfungible tokens are viewed in the eyes of decades-old intellectual property law. But Rothschild will counter that the MetaBirkin NFTs are artworks, no different from Andy Warhol’s silkscreen prints of Campbell’s soup cans, and are therefore protected by the First Amendment. The MetaBirkins show the Birkin handbag, which in real life can cost tens of thousands of dollars, covered in cartoonish, colorful fur instead of leather.
NFTs | OpenSea | News
⚡️ Blur NFT Marketplace Surges in Volume and Market Share, Rivaling Industry Leader Opensea
Blur, the non-fungible token (NFT) marketplace, has seen a significant increase in volume since its launch in October. According to statistics from Dune Analytics, Blur has captured about 30% of the market share in terms of sales volume. The NFT marketplace leader, Opensea, commands 48% of the market share. An NFT marketplace called Blur has seen an increase in market share over the past 30 days. According to statistics from Dune Analytics, Blur holds 30% of the NFT market’s total market share. Crypto market participants believe Blur’s rise is associated with the upcoming launch of its native token, originally scheduled for January 2023 but delayed, according to a statement from the team. The token is now set to be released on Feb. 14, 2023.
NFTs | OpenSea | News
⚡️ World Woman Foundation and Cavrnus, Inc. Launched Queendom Metaverse With 10-Year-Old Artist Aayati in Davos
World Woman Foundation collaborates with Cavrnus, Inc., and 10-year-old artist Aayati, the Co-Founder and Creator of Queendom Metaverse, to launch the first-ever metaverse to empower young girls between the ages of 10 to 18. The platform will provide access to coaching, capital, and community. According to UN Women, there are currently 1.1 billion girls worldwide. But their dreams and potential are often destroyed by discrimination, violence, and lack of equal opportunities. Queendom Metaverse is designed to help young girls to break gender stereotypes in making career choices, expressing creativity, and building the confidence of girls to lead like themselves. The Queendom Metaverse is an inclusive place built to educate and empower one million girls worldwide.
NFTs | OpenSea | News
📣 Moonbirds creator Kevin Rose loses $1.1M+ in NFTs after 1 wrong move
Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, has fallen victim to a phishing scam leading to more than $1.1 million worth of his personal NFTs stolen. The NFT creator and PROOF co-founder shared the news with his 1.6 million Twitter followers on Jan. 25, asking them to avoid buying any Squiggles NFTs until his team managed to get them flagged as stolen. “Thank you for all the kind, supportive words. Full debrief coming,” he then shared in a separate tweet about two hours later. It is understood that Rose’s NFTs were drained after he approveda malicious signature that transferred a significant proportion of his NFT assets to the exploiter.
NFTs | OpenSea | News
🖼 Porsche NFTs floor price surges 180%
Porsche NFT collection surged 180% to 2.465 Ethereum (ETH) — roughly $4000 — over the last 24 hours, according to Coingecko data. The luxury car company faced the crypto community backlash for its NFTs’ high mint price and supply, forcing it to stop new NFT mints on Jan. 25. The collection’s floor price has more than doubled over the last 24 hours on secondary marketplaces like OpenSea. During the period, the NFTs traded at the peak of 3.33 ETH before dropping to its current level of 2.465 ETH, according to OpenSea data. Additionally, the collection sales volume rose to 1686 ETH ($2.7 million), and its market cap jumped 247% to $9.4 million, according to Coingecko data. Meanwhile, Porsche clarified its web3 ethos in a Jan. 25 Twitter thread.
NFTs | OpenSea | News
📣 Exclusive NFT presale to treat all the hard workers, feat. Snoop Dogg and Billy Ray Cyrus
Blue-collar workers are the gears that make the world go round. They turn in a hard day’s work day after day, so there is little question that these professions hold a valuable place in society. Unfortunately, despite their contributions, these hard workers often go unnoticed. Cointelegraph and Web3 metaverse concert platform Animal Concerts have joined together to recognize the efforts of hard workers and overachievers with a nonfungible token (NFT) collection named A Hard Working Man (AHWM). Inspired by “A Hard Working Man” — a song from The Avila Brothers, Billy Ray Cyrus and Snoop Dogg — this NFT collection comes as a celebration of all the blue-collar friends and family. The NFTs show artist renditions of Cyrus and Snoop Dogg sporting various outfits from different blue-collar careers.
NFTs | OpenSea | News
🚨 Porsche's NFT Collection Launch Ends in Disappointment
Despite its ambitious plans to venture into the non-fungible token (NFT) market, German luxury car brand Porsche has managed to sell only about 25% of its first collection of 7,500 tokens. In just over 24 hours, some 1,909 of the NFTs had sold for ETH 0.911 per unit, or about $1,414 as of 2 p.m. UTC today. The German auto maker first presented its NFT collection, which features images of its iconic Porsche 911 Carrera sports car, at the Art Basel show last November, U.S. magazine Fortune reported. The brand promoted it as “rare, iconic and timeless like its sports cars.”. The company’s failure to attract solid market interest is attributed by some commentators to the insufficient understanding of the rules that govern the crypto markets and their detachment from Porsche’s traditional sales channels.
NFTs | OpenSea | News
📶 Ether Turns Deflationary Again, Led by Spike in NFT Sales
Ether has become deflationary again amid this year's market rebound. Data from ultrasound.money shows ether’s net issuance, or the annualized inflation rate, has dropped to -0.07%, meaning the volume of ether being burnt is outpacing the amount that is being minted. Marcus Sotiriou, market analyst at digital asset broker GlobalBlock, attributed the recent surge in ether burnt to a spike in non-fungible token (NFT) sales driven by positive sentiment about the broader crypto market. More than 14,600 ethers (ETH), worth around $23 million, have been burnt over the past seven days, according to ultrasound.money. Some 3,400 of these ETH were burned during NFT trades. NTF marketplace OpenSea is the top seven-day and 30-day Ethereum gas-guzzler among platforms, ultrasound.money found.
NFTs | OpenSea | News
🖼 NFT court orders could become a norm in crypto-related litigation: Lawyers
Nonfungible tokens (NFTs) are becoming an increasingly popular solution for serving defendants in blockchain-based crimes that would otherwise be unreachable, according to crypto lawyers. The last year has seen an increase in litigation delivered over NFTs in cases. In November, the United States District Court for the Southern District of Florida granted U.S. law firm The Crypto Lawyers’ request for its client to serve a defendant via NFT. After the plaintiff presented a declaration from a crypto investigator to the court confirming the stolen cryptocurrency transactions, the judge accepted the request to serve this defendant via NFT, as it was deemed to be a “reasonably calculated” way to give notice. the plaintiff accused the defendant of stealing cryptocurrency worth $958,648.41.
NFTs | OpenSea | News
⚡️ Premier League signs deal with NFT-based fantasy soccer game despite crypto downturn
Sorare, the $4.3 billion fantasy soccer game, has signed a multi-year deal with the Premier League that will see the world's top soccer league license official player cards. Paris-based startup Sorare, which has 3 million users worldwide, lets people compete in fantasy soccer games of five a side. The chances of success are based on the real-time performance of players on the pitch. Players of the game will be able to purchase and use official Premier League-licensed NFTs under the exclusive multi-year agreement. Sorare said it's also launching two new features in the game. These include the ability to compete with league-specific player cards and a "financial fair play" feature that prevents users from selecting all-star teams.
NFTs | OpenSea | News
📣 SINSO Fuels the Construction of Metaverse with SINSO DAC to be launched in 2023
Although we tend to focus too much on the technical presentation of Metaverse, it is not practical to ignore its nature. With the name Metaverse, Meta (the former Facebook) branded its VR technology; Microsoft crowned its Mixed Reality; Apple promoted its AR to avoid losing the voice. Google has launched VR and AR products suitable for smartphones, as well as holographic video; Nvidia promotes the concept of Metaverse in order to market computing power; Intel proposes that computing power must be increased by a thousand times to create a Metaverse... Yet all these utilitarian-oriented interpretations have diverted from the essence of Metaverse. The current products launched in the name of the Metaverse can sketch only tantalizing glimpses of the Metaverse's full potential.
NFTs | OpenSea | News
📣 India Inc is going all out to upskill employees for the metaverse
India Inc is going all out to train employees in metaverse and allied technologies, recognising its massive potential as adoption of the immersive experience gathers momentum in the country. Several employees were also trained in blockchain engineering and immersive technologies via the flagship 'Tech Marvel' upskilling programme. Genpact, Flipkart, MG Motor, Ascendion, and Synechron, among others, are upskilling employees to work on metaverse-related projects, setting them up with avatars online, training them in Augmented Reality (AR) and Internet of Things (IoT), and setting up
NFTs | OpenSea | News
📣 Square Yards unveils realty metaverse
Square Yards, India's integrated real estate marketplace, announced the launch of its Real Estate Metaverse, a fully immersive and interactive real world like environment that allows users to explore real estate on a digital twin of an entire city, visualise the neighbourhoods in a 3D built environment and walk in as an avatar interacting within a collaborative marketplace.Square Yards has been granted multiple global patents on immersive, virtual and collaborative experiences in real estate, and it is working with global real estate developers to bring their project twins on its metaverse. The launch event was full of industry discourse on potential of tech disruption for the sector with more than 150 attendees including realty developers and investment professionals.
NFTs | OpenSea | News
📣 Accenture invests in volumetric imaging to enhance Metaverse experience
Accenture, a global IT service provider with revenues exceeding $60 billion, has invested in Forma Vision, a provider of live-streamed, volumetric video technology that enables 3D holographic images of people, objects and environments to be beamed into the metaverse from any office, home or other location. Growing consumer and business interest in the metaverse as a creator economy and tool to enhance day-to-day tasks is expected to fuel a $1 trillion commerce opportunity by the end of 2025, according to Accenture findings released in early January. Forma Vision’s low-cost, live-streaming volumetric video technology enables enterprises of any size to reproduce people, places and things in their own metaverse experience. Prior to its investment, Accenture had used the technology to conduct executive town-halls, training, and small group meetings.
NFTs | OpenSea | News
📣 Proof Reveals Artists Behind Grails III NFT Release, Urging Collectors to Appreciate Digital Art Over Hype
After weeks of anticipation, the 20 artists behind non-fungible token (NFT) collective Proof’s Grails III collection were revealed Friday. The collection features a wide range of notable digital creators, including generative artist Matt Kane; All Seeing Seneca, the digital artist that helped create art for NFT collection Bored Ape Yacht Club; and founder of NFT collection Cyber Brokers Josie Bellini. Earlier this month, Grails III opened its mint passes for collectors to purchase ahead of the artwork reveal. Once the digital art was unveiled, users purchased NFTs until the mint period closed Tuesday. At the time of writing, the collection had done 199 ETH in sales, or about $318,300, and had a floor price of 2 ETH, or $3,200.
NFTs | OpenSea | News
📣 R-Planet is a real-time strategy game with NFT elements, now available on Android and iOS
R-Planet is a fun real-time military strategy game in the guise of a cozy app, now available on both Android and iOS. Players will be able to construct and expand a network of military facilities, raise an army, band together with allies, engage in combat with adversaries, and win fantastic rewards on a temporary server. Players have a one-of-a-kind chance on 27th January 2023 to be among the first users of the Open Alpha server and win valuable prizes (NFTs). They include heroes. Advanced animals that are the progenitors of heroes fled from imminent death to the R-Planet. They are currently engaged in a struggle for their new residence.
NFTs | OpenSea | News
📣 Prada launches Ninth Time capsule NFT, leveraging reach to the Web 3 Community
Prada’s launch of ninth time capsule NFT drop on 2nd February enables special experiences for NFT holders along with extending Prada’s reach to Web3 community. The latest NFT drop is #38 in the Timecapsule collection. This shirt is the second in a three-part series with unique prints from Italian photographer Enzo Ragazzini’s 1970s archive. In addition to the ‘February’ transfer on the shirt’s back, there is also a Prada enamelled triangle logo. An NFT is included with each shirt’s purchase as an invitation to join Prada’s private Crypted NFT community. Prada is giving one NFT holder a once-in-a-lifetime opportunity to attend the Prada Womenswear Fall/Winter 2023 runway show in Milan on 23rd February as part of its ‘behind-the-scene opportunities’.
NFTs | OpenSea | News
⚡️ Moonbirds creator Kevin Rose loses $1.1M+ in NFTs after 1 wrong move
Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, has fallen victim to a phishing scam leading to more than $1.1 million worth of his personal NFTs stolen. The NFT creator and PROOF co-founder shared the news with his 1.6 million Twitter followers on Jan. 25, asking them to avoid buying any Squiggles NFTs until his team managed to get them flagged as stolen. It is understood that Rose’s NFTs were drained after he approveda malicious signature that transferred a significant proportion of his NFT assets to the exploiter. “Thank you for all the kind, supportive words. Full debrief coming,” he then shared in a separate tweet about two hours later.
NFTs | OpenSea | News
⛵️ NFT collector sues OpenSea for locking account after being scammed
The lawyer leading the legal team highlighted that this is not an isolated case and alleged that OpenSea ignores issues in some instances. A nonfungible token (NFT) collector is taking legal action against the OpenSea NFT marketplace for several allegations. OpenSea user Robbie Acres told Cointelegraph that after his NFTs were stolen through a phishing scam, he immediately reported it to the NFT marketplace. Additionally, the NFT marketplace also responded by locking his account to prevent further damage. However, according to Acres, it was not the solution he requested. “OpenSea held my assets ransom for over three months despite repeated demands to unlock my assets,” he added.
NFTs | OpenSea | News
⚡️ Firm Taps NFTs to Token Gate Bars, Bathrooms at Mardi Gras
Finding a decent bathroom amid the chaos and revelry of Mardi Gras can be tricky. But this year, when you gotta go, at least one venue in New Orleans will be happy to let you use theirs—if you have the NFT pass. Several perks offered as part of a new Mardi Gras-themed NFT collection coming later this week from New Orleans-based Web3 venture studio NieuxCo include food and drink as well as access to special events, private parties, exclusive performances, and restrooms along the parade route. “Nieux Society members used this cutting-edge technology to create a collective vision for Mardi Gras while utilizing NFT technology to provide holders exclusive access, benefits, and an ongoing invitation to join us on our journey to help New Orleans’ realize her full creative potential,” Tim Williamson, Co-Founder and CEO of NieuxCo, said in a press release.
NFTs | OpenSea | News
⛵️ NFT Marketplace for ‘Pro Traders’ Could Unseat OpenSea
NFT marketplace Blur has quickly become a primary trading venue since its October launch. Rivaling OpenSea — the largest NFT marketplace by trading volume and daily active users — Blur currently commands around 32% market share, with OpenSea at nearly 49%. While OpenSea is a singular venue, Blur also serves as an NFT market aggregator. It’s now the largest by far with more than 70% of the market, per a Dune Analytics dashboard (aggregators allow NFT browsing across multiple platforms simultaneously). Sara Gherghelas, a researcher at blockchain analytics unit DappRadar, told Blockworks that the recent increase in trading volume on Blur is likely correlated to the upcoming launch of the BLUR token on Feb. 14 and its third and final airdrop. Its initial airdrop rewarded so-called “care packages” to users who actively traded NFTs during the bear market — to claim, traders simply had to list an NFT on its platform. Care packages are meant to be eventually exchanged for BLUR. A similar approach was implemented for the second airdrop — where users were rewarded for listing NFT sales on its Blur.
NFTs | OpenSea | News
⚡️ Leo AR Launches its First 3D AR NFT Collection
Leo AR, one of the leading consumer-facing AR apps leveraging augmented reality technology and the Web3 community, is revealing a new addition to its platform: 3D NFT Collections titled ‘Leo 3D Lions for AR’. Leo AR will incorporate an in-app NFT marketplace through which users can browse and buy 3D NFTs as well as use them in the app Leo AR. As the Metaverse and Web3 technologies continue to grow, Leo AR plans to utilize its AR technology to let NFT collectors purchase 3D NFTs, and place and record their NFTs in the real world. Additionally, Leo AR is providing NFT collectors a new way to purchase 3D NFTs in mobile, showcase their purchases, as well as share their purchases through the Leo AR App. Leo AR lets NFT collectors easily upload their NFTs (2D or 3D) into Leo AR, frame them in AR and place and record them in the real world.
NFTs | OpenSea | News
⚡️ Steven Soderbergh Presents Blockchain Award to NFT-Funded Film ‘Calladita’
While Web3 has yet to catch on outside of the cryptocurrency space, Film3 had a big moment under the spotlight in Park City, Utah, on Saturday when ‘Calladita,” a new film by director Miguel Faus, was named the winner of the Andrews/Bernard Award. Established by renowned director Steven Soderbergh and the Decentralized Pictures platform, the three-part award provides a total of $300,000, divvied up into three $100,000 checks, in finishing funds for noteworthy films and shorts, for up to three filmmakers. Faus won one part of this award. “Winning this award from Steven Soderbergh is a dream come true for me and the whole Calladita team and community,” Faus told Decrypt via direct message, adding that he believes that Film3 is the future of independent cinema and is the reason “'Calladita' exists.
NFTs | OpenSea | News
🖼 NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023
Closing out the third week of January 2023, non-fungible token (NFT) assets saw a 16.39% increase in overall sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the week prior. $256.69 million in NFT sales were recorded over the last seven days, with $206.06 million being Ethereum-based NFTs. Digital ownership continues in 2023 with $256.69 million in non-fungible token (NFT) sales over the last seven days, according to statistics from cryptoslam.io. This represents a 16.39% increase from the previous week’s NFT sales and includes 1,355,376 NFT transactions. A total of 320,580 buyers participated in the market activity, a 43.48% increase from the prior week.
NFTs | OpenSea | News