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📣 “The Moonbirds” to Be Released as a Bitcoin NFT Collection
Moonbird NFTs attracted nearly $500 million in sales last April. Users now will have a chance to enter the promising Birds NFT collection on Bitcoin via the recently introduced Ordinals protocol. After a meteoric rise in popularity, the BAYC monkeys have solidified themselves as one of the top-selling NFT collections, with a whopping value of $1.3M. The descendant of the final collection of NFTs has now been released on the Bitcoin blockchain, drawing lots of attention from the NFT enthusiasts worldwide. The Birds NFT collection is about to pick up the trend, dropping their collection onto the Bitcoin’s NFT Ordinals Protocol with a $200,000 prize for one of the participants.
NFTs | OpenSea | News
💰 Bitcoin Core Developer Stopping NFT Auction For 0.41 BTC Using His Code
Luke Dashjr, a developer of the Bitcoin core, has criticized the people behind an NFT auction for utilizing his name and code without his permission or knowledge. The buyer of the Luke Dashjr NFT has the option of receiving a full refund from Scare City marketplace or having the money donated to OpenSats. The Bitcoin core engineer said that he wasn’t the first to have his name or his work utilized in this manner. Dashjr further disclosed that when the auction’s winner ultimately got in touch with him, he had to let them know he had nothing to do with the transaction. He went on to say that the NFT founders had provided him with an offer of 90% of the profits, which he described as an obvious effort to bribe him into quiet or win his approval. The developer, however, declined the proposal and demanded that the authors return the entire purchase price to the NFT customer.
NFTs | OpenSea | News
🇫🇷 Metaverse Initiatives Proliferate in France Amid Govt Push
In France, initiatives to develop immersive, shared virtual environments are proliferating on the back of increased interest from both the government and the business community in the prospect of the metaverse to reinvent customer engagement, enrich experiences and showcase the French culture. The move made Nice Cote d’Azur the first metropolis in France to establish a presence on the metaverse, the city said in a statement, and showcased its “keen attention on developments relating to Web 3.0” including virtual, shared spaces as well as non-fungible tokens (NFTs). The initiative was showcased live during an official ceremony on February 14, during which an avatar of Estrosi presented the city’s goals behind the new virtual space, boasting about the metropolis’ rich cultural heritage and desire to remain up-to-date with the latest technological developments.
NFTs | OpenSea | News
🖼 Blur NFT Will Filter Fraudulent Wallet Addresses During Airdrop Season 2
After the first airdrop made a lot of noise, Blur NFT will launch the second airdrop and improve fraud by filtering participating wallet addresses. Before that, Blur appeared in many wallet addresses that cheated bids to participate in receiving the airdrop. Blur NFT market finally announced the long-awaited airdrop on February 13. After the airdrop, many participating users dumped BLUR tokens mercilessly, causing its price to drop dramatically serious, reduced to $ 0.5 – $ 0.7 compared to $ 5 when listing the floor. BLUR’s trading volume in the following hours was over half a billion dollars. The difficulty for season 2 is expected to increase due to more competition. Blur has confirmed that more than 300 million tokens will be distributed in Season 2, and Blur revealed there would be a Season 2 broadcast soon.
NFTs | OpenSea | News
🖼 SHISEIDO LAUNCHES NFT-BASED COMMUNITY PROGRAM
Shiseido has announced the launch of what it is claiming to be the first ever NFT-based community program. #AliveWithBeauty, as the initiative has been named, has been co-created with AI and five female pioneers. Romain Carrega, Prestige Director, Shiseido EMEA, reveals, “For our 150th anniversary, we wanted to take the opportunity to celebrate this unique moment with our communities, and deliver an artful piece that builds on our rich heritage while leveraging the latest AI technologies – combining the best of the past and the future. Blockchain and AI creative solutions are opening up new ways to enrich and expand the dialogue with our community, and we intend to keep exploring communication and services in that area, faithful to our group’s mission of bringing ‘beauty innovations for a better world’. ”.
NFTs | OpenSea | News
📣 RTFKT and Ledger Announce Educational Partnership at NFT Paris
Exciting news in the world of Web3! Prepare to protect your assets in style as Luxury brand RTFKT and Web3 security leader, Ledger, have joined forces to create a safe and secure solution for their high-end digital collectibles. They announced their partnership at NFT Paris, revealing the RTFKT x Ledger collection and educational programming to promote secure self-custody. RTFKT is a luxury fashion and collectibles brand that creates high-end phygital products and digital items. They are known for their innovative and creative designs, which are often inspired by gaming and pop culture. RTFKT also creates NFTs and has collaborated with several high-profile brands and artists in the NFT space.
NFTs | OpenSea | News
📣 13.6K Wallets Migrate from OpenSea to Blur in One Week
Recent data from the community-based open-source data provider Dune Analytics shows that 13,600 wallets canceled their orders on the OpenSea NFT marketplace in the past week. Popular opinion attributes this development to actions related to a migration of users from OpenSea to another NFT marketplace, Blur. The Blur NFT trading platform rewarded AirDrop participants on February 14, 2023. The exercise spreads across three phases for the first season and targets rewarding users and bootstrapping the growth and liquidity of the new marketplace. The Blur AirDrop program slightly differs from what is usually obtainable in the implementation process. It adopts a gamified approach where users earn rewards in “Care Packages” tied to their loyalty score.
NFTs | OpenSea | News
🖼 NFTpay Adds Support For Purchasing NFTs Using Stablecoins
Fintech firm NFTpay has expanded its service offering to allow crypto users to use their stablecoins to purchase non-fungible tokens. Crypto users can now use famous dollar-pegged coins, USDC and USDT, to purchase NFTs. According to the platform, sellers will now be able to settle the purchase of their NFTs through both USDT / USDC stablecoins. The new payment solution will allow users to purchase NFT projects faster, safer and more conveniently. Krilivsky has stated that the majority of potential NFT buyers do not have crypto or a crypto wallet, thus preventing them from taking the final step of making an NFT purchase. NFTpay will deliver a custom solution to organizations and individuals interested in using stablecoins.
NFTs | OpenSea | News
🏦 Coinbase Drops Free Ethereum NFT via Zora to Mark Base Network Launch
Coinbase announced a major new project today in the form of Base, a layer-2 scaling network for Ethereum built in collaboration with Optimism. To mark the news, the crypto exchange dropped a free open edition Ethereum NFT for anyone to mint—but it's not through Coinbase’s own struggling NFT marketplace. “Base, Introduced” is a free NFT that Coinbase made available through Zora, an NFT minting platform and startup focused on Web3 creator tools. It’s an open edition NFT, which means that anyone can claim one of the identical collectibles until the minting window ends on Sunday, with a limit of one NFT per wallet.
NFTs | OpenSea | News
📊 NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week's ETH-Based NFT Sales
Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales have been settled over the last seven days. the last seven days have shown a significant rise in NFT sales compared to the previous week. Solana followed Ethereum in NFT sales with $17,717,911, but while Ethereum’s sales jumped 162.67% over the last week, Solana’s NFT sales dropped by 1.86%. Ethereum and Solana are followed by Polygon, Immutable X, and BNB in terms of weekly sales. Every blockchain in the top 10 rankings in terms of sales saw a decline this week except for Ethereum and Panini. Panini’s NFT sales rose 56.52% to $452,827 in sales settled this past week. Over the last week, $801 million in NFT sales were settled, and the number of NFT buyers increased by 34.7% compared to the previous week. Ethereum dominated NFT sales over the last seven days, accounting for $762 million of the total sold.
NFTs | OpenSea | News
🖼 ArtBlocks Founder Defies NFT Dilution Claims With Revolutionary Solution
Erick Calderon, the designer of the well-known NFT line Chromie Squiggles, envisions a time when consumers may customize things and NFTs are valuable without being scarce. Calderon wants to move away from “fomo-based” mechanics in the market where businesses may offer personalized items to customers. By U.S. dollar value, NFT trading volumes last year fell more than 90% as a result of the crypto winter. The decline affected even high-profile collections like Bored Ape Yacht Club and Azuki. However, while customers are snatching up less expensive NFTs promoted as “digital treasures” and sold by established businesses like Reddit or the Hollywood studio Warner Bros. Discovery, the number of transactions has constantly increased. According to NFT Price Floor, the collection’s current price floor is 12.5 ETH, or roughly $20,000.
NFTs | OpenSea | News
📣 Liquidators to Sell ‘Certain’ NFTs From Bankrupt Three Arrows Capital
NFTs belonging to failed crypto hedge fund Three Arrows Capital (3AC) are to go up for sale, but will not include a prized selection of its portfolio, the fund’s liquidator has said. The sale of certain NFTs in their possession will commence within the next month, according to the latest update from liquidators, starting by at least March 23. “The purpose of the Sale is to realize the value of the NFTs for the purposes of the liquidation,” wrote Christopher Farmer, a senior managing director at advisory firm Teneo, and a joint liquidator on the 3AC case. However, the process will not include the so-called Starry Night Capital fund, a collection of assets put together by pseudonymous collector Vincent Van Dough for 3AC’s Starry Night Capital.
NFTs | OpenSea | News
🖼 BlackRock Starts Metaverse-Themed ETF Despite Waning Investor Interest
BlackRock (BLK) is offering an exchange-traded fund (ETF) that will focus primarily on tech companies that are exposed to the metaverse, even as some institutional investors appear to have lost interest in the concept after its immense popularity during the recent bull run. The fund, iShares Future Metaverse Tech and Communications ETF (IVRS), will invest in companies that are expected to contribute to the metaverse in areas including virtual platforms, social media, gaming, 3D software, digital assets, and virtual and augmented reality, according to its website. The top five companies that are included in the holdings are Meta Platforms (META), Apple (AAPL), Nvidia (NVDIA), Netease (NTES) and Roblox (RBLX). a large portion of investors remain cautious due to regulatory.
NFTs | OpenSea | News
📣 Retro-Style Ethereum NFT Metaverse Game Worldwide Webb Raises $10M
Most metaverse games opt for 3D environments, with varying degrees of success, but Worldwide Webb has charted a different path: this massively multiplayer online (MMO) world opts for a retro, Super Nintendo-esque style, yet it supports more than a million Ethereum NFT avatars. And it’s expanding, thanks in part to a new funding round. Worldwide Webb, founded by artist and game designer Thomas Webb, today revealed a $10 million Series A round funded entirely by VC firm Pantera Capital. It’s the game’s first external funding round since its initial debut in 2020.
NFTs | OpenSea | News
🖼 NFT project 0N1 Force bought out by group including former Binance, YGG execs
A cohort of investors, including former executives from Binance and Yield Guild Games, has orchestrated a community buyout of blue chip NFT collection 0N1 Force.The group was led by blockchain investment firm Old Fashion Research (OFR), according to a statement. It did not disclose the sum paid. First minted in August 2021, 0N1 Force is a collection of 7,777 NFTs featuring side-on faces. It was one of the first anime NFT collections on the market and has since accumulated over 54,000 ETH ($90 million) in transaction volumes across all marketplaces. Although the founders of 0N1 Force have left the venture, current project leader Henry Finn (also known as Starlordy) will become CEO of the group and existing community moderators will also be retained, according to the release.
NFTs | OpenSea | News
💰 Solana Selected As A Place To Sell Real Estate-backed NFT
A property-backed NFT on Solana was offered by real estate company Homebase, letting users purchase tokenized homes. Via the scheme, users can invest in single-family rental homes. A limited liability corporation with Homebase NFTs as its owners holds title to each residence. A company announcement states that after the investment, they would start getting monthly rent in USDC. According to the company, the goal is to improve access to wealth-building through on-chain real estate. In McAllen, Texas, Homebase is introducing its first product: fractional house ownership. An IRR of 10.13% is projected for the three-bedroom house. There is presently a token sale. The security is exclusively accessible to authorized investors because it is offered under Regulation D. You’ll pay $100 to own a part of the first home on the platform, a three-bedroom home in McAllen, Texas. A total of 2,468 tokens worth $246,800 are available.
NFTs | OpenSea | News
❕ The Sandbox looks to a future where corporate partnerships aren’t its bread and butter
Sebastien Borget, chief operating officer of The Sandbox, believes the future of the metaverse platform lies in the hands of individual creators, not the brands that have made it something of a corporate crypto darling. Since The Sandbox was bought by Animoca Brands in 2018, the vision has been to build an "open world." .So far, the platform has worked on projects and partnerships with the likes of HSBC, Warner Music, PlayBoy, Gucci and Ubisoft. It also raised $93 million led by the SoftBank Vision Fund 2 in November 2021. Last year, there were reports of dwindling users on metaverse platforms, which prompted leaders to set the record straight about how many users they actually have. In October, The Sandbox said it has 201,000 monthly active users, 4.1 million total wallets, 128 million in staked SAND tokens and more than 22,200 land owners.
NFTs | OpenSea | News
💰 Bored Ape Yacht Club Creator Yuga Labs Reveals First Bitcoin NFT Project
Yuga Labs, the creator of the Bored Ape Yacht Club, announced the release of a new bitcoin-based NFT collection called TwelveFold. The collection will consist of 300 generative art pieces inscribed onto satoshis on the Bitcoin blockchain. building on the recent uptick in ordinal NFTs. Inscriptions, also known as digital artifacts, are created when a file, such as an art image like those created for TwelveFold, is written (or inscribed into) units of Bitcoin called satoshis, the smallest individually identifiable units of Bitcoin. The process is made possible through the Ordinal Theory protocol, with such NFTs simply donning the name "ordinals.". Ordinals have gained popularity as upgrades to the Bitcoin blockchain made it cheaper to store data in single transactions. In January, for example, someone minted a copy of the 100 Ether Rocks — one of the oldest Ethereum NFT projects.
NFTs | OpenSea | News
🔫 Deloitte, Sinclair Broadcast launching new sports metaverse experience
Deloitte and Sinclair Broadcast Group said they'll be launching a new metaverse sports fan community experience leveraging Epic Games' Unreal Engine to "enhance the ways in which fans and audiences can build connections and engage with the content they love." The experience, which launches the week of March 6, was built by Deloitte's Unlimited Reality practice, which brings together 3D computing, artificial intelligence, web3, immersive experiences and advanced connectivity to help clients create business value. The community makes use of Epic's Unreal Engine, a 3D creation tool that robust experiences to life in real time. According to Deloitte's recently published "2023 Sports Industry Outlook," this year could see advancement in the sports NFT market.
NFTs | OpenSea | News
⚡️ Japanese Sports Giant Mizuno Takes NFT Plunge with Judo, Running, Soccer Offerings
The Japanese sports giant Mizuno has launched its first line of non-fungible tokens (NFTs) – becoming the latest sportswear titan to enter the field. In a Mizuno press release, the firm explained that it had launched three sets of tokens – one for each of the sports it specializes in. The NFTs have been released on the OpenSea platform, where they will be sold at auction on the Ethereum network. The company is one of the world’s biggest judo gi manufacturers. It has provided competitive sportswear for national judo teams in Japan, the USA, Brazil, and France. The firm explained that it had commissioned a digital artist named Ryokke Draw to create artworks featuring representations of a number of Japanese champion judo practitioners. These include the men’s champions Naohisa Takafuji and Hifumi Abe and the Tokyo Olympics women’s 78kg gold medallist Naori Hamada.
NFTs | OpenSea | News
🪙 Lotte Group Goes Big With Polygon For Global NFT Strategy
Daehong Communications, a key player in the Lotte NFT project, has partnered with the global blockchain platform Polygon to expand its NFT offerings worldwide. This partnership will enable Daehong Communications to accelerate the development of various NFT projects. Polygon, an Ethereum expansion solution, will provide active support to Daehong Communications to create a new NFT business model that goes beyond issuing NFTs. The first project that the two companies are collaborating on is Lotte Home Shopping’s Bellygom NFT. Daehong Communications announced the Belygom NFT season 2 roadmap, which aims to solidify the Belygom community roadmap and worldview, and provide a more expanded experience with Polygon. Daehong Communications and Polygon plan to further solidify their partnership by collaborating.
NFTs | OpenSea | News
🖼 Revolutionizing the NFTs- Telept City Launches Cutting-Edge AIGC NFT Platform for Web3
Telept Inc. , a Web 3.0 startup, has announced today the launch of a ground-breaking first-mover Web PC platform Telept City , which empowers participants to create one-of-a-kind AI generated Non-Fungible Token (NFT) called X-Native. With its cutting-edge AI Generated Content (AIGC) image generation model that has undergone rigorous fine-tuning utilizing a vast database of images, and coupled with an intuitive game-like user interface, provides a novel and accessible AI Web 3.0 experience for participants of all levels. Creating NFT is a breeze with Telept City, and it can be done with minimal effort and costs. Imagine the users are capable of generating an NFT through a AI powered platform similar to playing a text adventure game.
NFTs | OpenSea | News
🖼 Trip Hawkins, Founder of Electronic Arts, Enters The NFT Gaming Industry
Trip Hawkins worked for Apple and founded EA. Now he’s looking for the next big thing, and NFT games are the answer.Despite the ups and downs of the crypto market, the Web3 and the NFT gaming industries continue to attract the attention of business leaders who are betting on technological. On February 24, Trip Hawkins, one of the founders of Electronic Arts (EA), announced he was joining the Web3 gaming startup Games for a Living (GFAL) as co-founder and chief strategist. During a press conference, Hawkins stated that “Web3 is the bridge to the metaverse,” which is why he wants to build a more secure metaverse that is less prone to hacking.GFAL develops a set of tools that allow the development of Web3 games. Its main goal is to support the creation of AAA-category video games that can be easily integrated into the blockchain.
NFTs | OpenSea | News
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🖼 NFTs Are a 'Trojan Horse' for Crypto Adoption: NFT Factory President
Getting crypto into the hands of the masses may come one NFT at a time. This is exactly what NFT Factory, an NFT-dedicated hub in the heart of Paris, is trying to offer within its 400 square meters physical building dedicated to NFT education. NFT Factory is made up of around 130 tech and crypto leaders, artists, investors, and companies which include Blackpool, Ethereum France, Ledger, The Sandbox, and Sorare, where each of them is also a co-founder. It's not just onboarding more people into Web3, but bringing together the oft-decentralized Web3 community, with physical installations and expositions to deep dive into all things NFT. To further unite the community, NFT Factory has its own membership token in the form of NFT.
NFTs | OpenSea | News
📣 Blur Blows Away OpenSea and Wins 82% of NFT Trading Volume
One week after the NFT marketplace scrapped the fee it collects on trades, Blur, its upstart rival, hasn’t missed a beat. The four-month-old NFT marketplace has seized a staggering 82% marketshare of the trading volume on Ethereum over the last week, according to a Dune Analytics dashboard created by hildobby, the pseudonymous researcher. Blur cranked into overdrive after the project airdropped 12% of its BLUR tokens to NFT traderson Feb. 14. It has accounted for more than 70% of daily NFT trading volume on Ethereum for every day since the airdrop, prompting OpenSea to cut fees. Blur launched with zero-fee trading, something other marketplaces like SudoSwap, also do.
NFTs | OpenSea | News
🪙 Uniswap Traders Can Now Buy NFTs With UNI, SHIB or Any Ethereum Token
NFT marketplaces typically have restrictions on which cryptocurrencies can be used to purchase assets—but Uniswap’s NFT marketplace has just launched a new feature that changes all that. Uniswap NFT traders can now use any token on the Ethereum blockchain, such as stablecoins like USDC or Tether, or even a meme coin like Shiba Inu, to purchase their NFTs through a simplified interface. According to the crypto startup, Uniswap’s new Universal Router contract “finds the most cost-efficient route” to complete a swap from any Ethereum-based token into the required token for the NFT sales (in most cases, Ethereum) and then pushes that crypto to OpenSea’s Seaport protocol to finalize the transaction.
NFTs | OpenSea | News
🖼 Ordinals NFTs Can Make Stacks’ STX a Multibillion-Dollar Token: Matrixport
Ordinals' non-fungible tokens (NFT), which triggered a 50% rally in Stacks Network's STX token earlier this week, have the potential to push STX into a billion-dollar token, Matrixport said in a research report on Wednesday. Ordinals is a new protocol that allows NFTs to be stored on the Bitcoin blockchain. STX is the native token of the Stacks Network, a layer 2 blockchain that leverages the security of the bitcoin blockchain to settle transactions. Matrixport notes that the idea of Bitcoin NFTs is not a new concept and has been developed by protocols such as Counterparty and Stacks. The recent hype around Ordinals NFTs led to a 50% rally in STX earlier this week.
NFTs | OpenSea | News
🖼 Dapper Labs' NBA Top Shot Moments NFTs are securities, federal judge rules
NBA Top Shot Moments NFTs meet the requirements to be considered a security, a federal judge said in a court filing on Wednesday, giving the green light to a class-action lawsuit against Dapper Labs. The judgment is not a final decision in the lawsuit against Dapper Labs. The judge denied a motion by Dapper Labs CEO Roham Gharegozlou to dismiss a lawsuit that alleges his firm violated securities laws by selling NBA Top Shot Moments NFTs without standard registration and disclosure applied to other investment contracts. “Not all NFTs offered or sold by any company will constitute a security, and each scheme must be assessed on a case-by-case basis,” Marrero wrote.Judge Victor Marrero’s decision is narrow, he noted in a court filing, and may not apply to other NFTs.
NFTs | OpenSea | News
🖼 NFT Marketplace Tokens Hit Hard as Bitcoin Rally Retreats
NFT marketplace-related utility and governance tokens took a beating Tuesday, cementing itself as one of the industry’s worst-performing categories on the day as the broader market’s rally hits pause. Tokens tied to NFT marketplaces Blur, LooksRare, SuperVerse, Rarible, X2Y2 and Sudoswap have fallen deeper in the red on a 24-hour basis as interest in the niche digital asset sector has begun to taper off. Despite Blur’s booming volumes of late amid “speculative” tokenomics, Andrii Yasinetsky, chief executive of NFT data firm Mnemonic, told Blockworks the unwinding interest is expected. Governance tokens for digital collectibles marketplaces fell between 4 to 16%, including SuperVerse’s (SUPER), Blur’s recently launched BLUR, Rarible’s (RARI) and Sudoswap’s SUDO.
NFTs | OpenSea | News