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📣 Influencer served settlement demand via NFT following $7M token presale
A nonfungible token (NFT) influencer has been served with a settlement demand via an NFT — which casually dropped the “F-bomb” several times — alleging that the influencer engaged in wire fraud “at a minimum” on a recent $7 million token presale. On May 20, Mike Kanovitz, a partner at law firm Loevy & Loevy, stated in a tweet that a settlement demand letter had been served as an NFT to the wallet address associated with the influencer known as Ben.eth, whose real identity remains undisclosed. Ben.eth “used a manipulative launch strategy” for the Psyop (PSYOP) token, which raised $7 million in its initial presale over 72 hours. The concerns revolved around how the liquidity pools (LP) were structured and how the tokens “trickled out” after the presale. Shortly after the letter was published on Twitter, Ben.eth tweeted that 50% of the tokens had been sent out and “the rest will be sent in short order.” “At a minimum, you would be guilty of wire fraud, which is a predicate act for racketeering and the basis for a treble damages award against you ($7 million becomes $21 million),” the letter stated. he warned of a potentially “painful” process for Ben.eth if the letter is not complied with.
SNFTs | OpenSea | News
🖼 Injective (INJ) Surges By 19% Following ‘Surprise’ NFT Announcement
Injective (INJ) is one of the few tokens to have racked up impressive gains in the last week. While most of the assets in the crypto market were marked by insignificant price actions leading to little gains or losses, INJ stood out with an excellent price movement to become one of the biggest weekly gainers. According to data from CoinMarketCap, Injective’s price gained by 19% in the last seven days boasting of a market performance. INJ initially began the week trading around a price region of $6.08 and soon recorded consecutive gains and losses before experiencing a price hike on May 17 to hit a market price of $6.7. On May 13, the team behind the Injective blockchain tweeted a statement urging the user community to interact more with dApps built on Injective or its L1 chain, stating there could be a chance to receive an “NFT-related surprise.” Interestingly, the price rally by INJ in the last week appears to be due to an exciting announcement made by the project developers six days ago. This announcement sparked much excitement within the Injective community, which has been represented not just in price but also in the network activity.
NFTs | OpenSea | News
🖼 NFT Trading Volume on Track to Drop Below $1B
The non-fungible token (NFT) market is evolving, and measuring its success depends on which metrics you're looking at. According to a new report released by DappRadar on Thursday, NFT trading volume for the month of May has reached $333 million so far, putting it on track to fall below $1 billion for the first time this year. In contrast, there have been 2.3 million sales executed so far this month and a notable increase in the number of weekly active wallets interacting with NFTs. Sara Gherghelas, a blockchain analyst at DappRadar, told CoinDesk that the number of NFT sales appears to be on track to reach or surpass last month's numbers, as opposed to trading volume, which is significantly lagging behind last month's count. In her view, this could signal that there are more NFT traders in the market making smaller dollar-figure trades. The number of unique active wallets linked to NFT activities grew by 27% in May, the report added, attributing the growth to the Miladys NFT collection – which received a notable pump from Elon Musk – as well as profits made from the hyped PEPE token that funneled back into the NFT market. This contributed to an uptick in on-chain activity, which sent Ethereum gas fees skyrocketing.
NFTs | OpenSea | News
🖼 Pudgy Penguins wants to use its NFT-inspired toys to bring IP to the real world
Pudgy Penguins, an (admittedly adorable) NFT collection that also doubles as a web3 IP company, is releasing a line of toys dubbed Pudgy Toys, Luca Netz, CEO of the company, told TechCrunch+ in an exclusive interview. As the NFT sector continues to waddle through a period of frosty consumer interest, some collections are diving deep, exploring new waters and expanding their horizons to the physical realm in hopes of reaching more people and growing their brand. The penguin plushies are being made in collaboration with PMI, which also produces toys for Fortnite and Among Us, Netz said. The company sees physical toys as a “Trojan horse” for the web3 ecosystem and NFTs. “Unfortunately, NFT revenue is not sustainable and it’s not really growable,” Netz acknowledged, adding that the toys are meant to make the company more sustainable. “Secondly, we wanted to create an IP that transcends this ecosystem, and the way I know how to do that is through physical products.”. Launched in 2021 and acquired by Netz in April 2022, the 8,888-NFT collection has grown to include real-world products.
NFTs | OpenSea | News
🪙 NFT Marketplaces Diminish in Ethereum Gas Use Amid Fee Crisis
Ethereum’s gas consumption patterns, Non-Fungible Tokens (NFTs) no longer reign as the top gas guzzlers on the network. Data from the crypto analytics platform Nansen revealed that last week, NFT marketplaces accounted for just over 3% of all gas consumption. In stark contrast, the decentralized exchange Uniswap used more than ten times that amount, clocking in at 31.99%. Highlighting the development, Nansen tweeted. The Ethereum network’s congestion and high gas prices are attributed, in part, to intense activity caused by a surge in meme coin trading, such as PEPE tokens and Floki Inu. This led to an overflow of transactions and, subsequently, skyrocketing gas prices. Ethereum’s community has responded to these challenges, and various Layer 2 (L2) scaling solutions have been proposed to reduce gas prices. Layer 2 solutions, such as state channels, plasma chains, and rollups, aim to offload some computational workloads from the main Ethereum blockchain, thereby reducing the need for gas and its cost. One trader was reported to have paid as much as 64 ETH.
NFTs | OpenSea | News
🖼 NFT Show Europe Invites Exhibitors to the Major Blockchain and Digital Art Conference
NFT Show Europe, the leading conference for the blockchain, metaverse, and digital art industries, is inviting exhibitors to sign up for its forthcoming event. As an exhibitor at NFT Show Europe 2023, companies will have the opportunity to showcase their innovative solutions to potential investors, clients, and industry partners who are eager to discover the next big thing. NFT Show Europe, set to run from July 14-15, 2023. At #NFTSE, participants will have the opportunity to rub shoulders with leaders from Alpine F1, Activision Blizzard, Epic Games, and Crypto. Page, Decentraland, SKI Federation, Joyn, Lama, Navi Studio, United Nations, UNICEF, Odos, Polkadot, and Zepeto among other companies and visitors from 55+ countries. Exhibitor spaces are now available for the European conference but spaces are selling fast. Interested parties are encouraged to reserve their spot now to ensure their company’s presence at the major event. NFT Show Europe is one of the world’s leading meeting points for web3, blockchain, metaverse, and digital art pioneers.t.
NFTs | OpenSea | News
🖼 NFT Market size to Cross USD 342.54 Billion By 2032, With an 27.60% CAGR by 2032
According to a comprehensive research report by Market Research Future (MRFR), " NFT Market By Offering, By End Users, And By Region and Forecast till 2032”, the market is predicted to thrive substantially during the assessment era from 2022 to 2032 at a healthy CAGR of approximately 27.60% to attain a valuation of around USD 342.54 Billion by the end of 2032. The MRFR study reports imply that the NFT Market Research Report Information by Offering, Region, and End Users. Forecast Till 2032, the global NFT market is predicted to bolter substantially during the review era from 2023 to 2032 at a substantial growth rate of around 27.60%. The reports further predict the market will acquire nearly USD 342.54 billion by the end of 2032. As per the documents, the NFT market was valued at nearly USD 38.2 billion in 2022. An NFT, non-fungible token, or nft crypto refers to a unique token recorded in a blockchain that shows ownership of a digital or physical asset. NFTs have an NFT drop feature that enables creators to pre-announce when they toss their latest NFT projects on Coinbase NFT.
NFTs | OpenSea | News
📣 ITV STUDIOS LAUNCHES THE VOICE IN THE METAVERSE
ITV Studios and The Virtual Brand Group have launched The Voice Studios, an immersive virtual experience based on the Emmy Award-winning series The Voice. The free-to-use virtual experience allows fans to create their own music, show off their dancing skills, compete in Battle rounds, test their musical knowledge and audition to be on an upcoming season of the hit series. The Voice Studios launches in Vegas City, a metaverse entertainment destination in Decentraland. Virtual Brand Group known for building immersive experiences, communities and virtual fashion, is collaborating with ITV Studios to develop, build and operate The Voice Studios. The Voice Studios is set to launch with five music-themed experiences, including Music Maker, where users can publish a track and compete to win prizes or just make music for fun. Other games include an immersive Musical Treasure Hunt, Dance Off, Rhythm Challenge and Music Trivia. The Voice Studios on their own or participate in head-to-head Battles with others vying to be the top Gamer, Dancer and Creator. The fans themselves will get to vote on who ultimately gets crowned the winner in each category.
NFTs | OpenSea | News
🔴 Avalaunch delivers a new NFT marketplace
Avalaunch delivers its own created Peek NFT. It has been built to make it a product that encompasses a one-of-its-kind NFT marketplace and targets NFTs without utility. Peek NFT will be instrumental in changing the very way NFT trading is carried out. Subsequently, it will provide backing for creations developed on the Avalanche blockchain. Avalanche is concerned about organizing NFT collections with a better positioning inside a more extensive ecosystem. Peek NFT will provide expertly created verticals with added stress on NFTs that bring viable utility. There will be Avalanche ecosystem-oriented projects and the active participation of all concerned. A few of the sales might provide connectivity with Gold Stakers who take part. The idea is to connect as many users as possible with the marketplace. To make this possible, there will be extensive marketplace scouring. The trading of NFT will be prevalent. Community interactions will also be organized on a regular basis. Avalaunch will be managing created NFT sales for users to participate actively. An NFT marketplace with a difference is what the Peek NFT is all about.
NFTs | OpenSea | News
📣 R3V3NGE and Crypto.com collaborate to bring exclusive NFT Shotgun
R3V3NGE, an NFT game, and Crypto.com have collaborated for a mission that the community is going to thoroughly enjoy. Per the announcement by R3V3NGE, the collaboration with Crypto.com is with the objective of making available the exclusive Shotgun NFT to the community. The holders of the Shotgun will have a power boost via airdrop in the form of strength, health, speed, or armor. The exclusive Shotgun NFT will be an important addition to the list for gamers of R3V3NGE. It is a game where players must shoot zombies to survive in different game modes like Battle Royale. R3V3NGE is currently in open beta, with the majority of positive responses to its name. Players have killed over 100,000 zombies since the launch of the game. R3V3NGE is an NFT game where players earn rewards by smashing zombies with a weapon.
NFTs | OpenSea | News
🪙 BNB Chain Introduces zkBNB NFT Marketplace
The zkBNB NFT Marketplace aims to bridge the gap between Web2 scale and Web3 monetisation, unlocking true ownership for the next billion gamers. With a one million-strong gaming community, NFT transactions are a popular use case among BNB Chain users. Moreover, the similarities between BNB Chain's and Ethereum's EVM should enable Ethereum zkEVM development teams to efficiently port their scaling solution to BNB Chain. Since its launch in September, zkBNB Testnet has garnered a lot of attention, with over ten projects exploring to deploy on it to increase scalability and improve dApp performance. With a whopping 5,000 TPS, it's paving the way for a smoother user experience and lower fees. The ultimate goal is to merge the scale of Web2 with the incentive alignment capabilities of Web3, granting the next billion gamers true ownership of their in-game assets. With the introduction of the zkBNB NFT Marketplace, BNB Chain is taking a step forward towards this goal. creating a deeper connection between the players and the game, enhancing the immersive experience.
NFTs | OpenSea | News
⚡️ Madonna's knickers to make history by being sold as NFTs
Madonna's knickers are set to make history when they are sold off in bits as NFTs. The underwear will be sold in 300 fractions in the form of non-fungible tokens, with each priced at $100. Sellers say it is the world’s first fractional ownership NFT. The singer wore the knickers on stage during her 1987 Who's That Girl world tour whilst performing one of her hits Dress You Up. Now, fans may be able to own a small piece of the superstar's underwear, as part of the world's first fractional ownership project offering NFTs. An NFT is a technology that proves who the owner of a digital object is. This digital object could be a song, a picture, a video, a tweet – or even a piece of digital land in an online game or virtual world. Each of the 300 fractions of the knickers comes as an NFT, and buyers can buy as many fractions as they like.
NFTs | OpenSea | News
📣 David Bowie is back to life with new musical NFTs
David Bowie, widely regarded as one of the most influential musicians of the 20th century, was also extremely prolific, producing a vast body of work throughout his career. He has released 27 studio albums and 128 singles, in addition to several live albums and soundtracks. But looks like the late singer-songwriter has one song left to perform even after he passed away in 2016. On Thursday, Gala Music, a division of Web3 company Gala Games, teamed up with music publisher Warner-Chappell Music and producer Larry Dvoskin to release a previously never-heard version of David Bowie’s iconic 1983 tune “Let’s Dance” through a small announced the release of Batch of NFT.
NFTs | OpenSea | News
⚡️ NFT marketplace LooksRare launches v2, reducing fees from 2% to 0.5%
Nonfungible token (NFT) marketplace LooksRare has upgraded to version 2, reducing fees by 75% and implementing several other features, according to an April 6 announcement from the company. The LooksRare version 1 platform charged 2% per trade. This has been reduced to 0.5% in version 2. In addition, v2 has more gas-efficient contracts, allowing users to save approximately 30% on gas fees versus the previous version of the app. The company explained that in version 2, sellers receive Ether instead of Wrapped Ether (WETH) for most sales, and the smart contracts allow for bulk buying and selling orders if a user wants to place multiple trades simultaneously. In addition, aggregators can now implement custom recipients, allowing users to buy an NFT with one wallet but send it to another. Sellers can also list their NFTs for sale in token prices instead of ETH, including for a fixed U.S. dollar price to be paid in equivalent ETH.
NFTs | OpenSea | News
📣 Blur nemesis OpenSea drops Gemesis NFT and OS Pro
When we thought the dust had settled from Blur and OpenSea’s battle for buyers, OpenSea, the largest non-fungible token (NFT) marketplace, has re-ignited the war by releasing their own “pro” trading tools this week. Technically more of a rebranding than a new product, OpenSea has repackaged their trading tools that existed under the name Gem, and rebranded them as an elite suite for all traders. Now using the name OpenSea Pro, the king of marketplaces is giving traders over 170 listings all in one spot, floor-sweeping tools, inventory management options, collection and trait offers, and quite a bit more. It’s a package that has been long overdue, and with these new tools, OpenSea hopes to stymie the bleeding out of their user base that had been flowing over to Blur.
NFTs | OpenSea | News
📣 Bankrupt crypto hedge fund 3AC’s NFT auction fetches $2.5M
The auction for parts of bankrupt Singaporean cryptocurrency hedge fund Three Arrows Capital’s (3AC) nonfungible tokens (NFT) collection fetched $2.5 million at its conclusion on May 19. Facilitated by fine arts broker Sotheby’s, collectibles on sale included Tyler Hobbs Fidenza #725, Larva Labs Autoglyph #187 and Tyler Hobbs Fidenza #861. The highest sale amount was Tyler Hobbs Fidenza #725 at $1 million. In response to the news, Kyle Davies, co-founder of 3AC. At the same time, fellow co-founder Su Zhu said, “Sent a few of them the Sothebys auction results, and the response is *crickets*” in response to journalist inquiries on the liquidity of the NFTs. At the commencement of the auction, Zhu quoted English poet Alfred Tennyson: “[Tis] better to have loved and lost than to have never loved at all” as a response to the sale. The NFTs were recovered by liquidators of 3AC after the hedge fund filed for bankruptcy in July 2022. At its peak, 3AC’s estimated assets under management reached $10 billion before being hit hard by the ongoing cryptocurrency bear market. The firm reportedly owes creditors a total of $3.5 billion.
NFTs | OpenSea | News
💰 Bitcoin Frogs Best Selling NFT for 24-Hrs as BTC Catches Pepe Mania
The ordinals are coming in dank this week. Bitcoin Frogs was the #1 selling NFT collection for the 24-hour period on Wednesday. Frogs sales outpaced Bored Apes Yacht Club, CryptoPunks, and other popular collections for the day. The BRC-20 memecoin project describes itself as “10,000 unique frog collectibles minted directly on the Bitcoin Blockchain.” As of publication time, 3,700 frogs had owners. Meanwhile, hundreds were listed for sale on NFT marketplaces. According to data from CryptoSlam, a leading aggregator of on-chain NFT analytics, Bitcoin Frogs sales reached a trading volume above $2.2 million for the day. Frogs outsold Bored Apes NFTs for Wednesday, May 17th. Some of the BAYC sellers may have even been cashing out to buy PEPE Coin in the meanwhile. There’s been a lot of that going on during this season of Pepe fever. CryptoSlam data shows Bitcoin Frogs selling for an average price of 0.12 BTC (around $3,200 USD) on Wednesday. The PEPE-inspired boom in sales overtook Bored Apes Yacht Club despite the higher average sale price of around $83,000 for the blue-chip NFT. The inclusion of cool NFT features like generative AI to produce unique properties in each mint brings the artistry of smart contract minting to the Bitcoin blockchain.
NFTs | OpenSea | News
🖼 NFT Lending Platform Blend Surges Past 100,000 Ethereum in Total Volume
NFT marketplace Blur is growing by leaps and bounds. With the launch of Blend, Blur’s new lending platform, it’s hit yet another milestone. Blend lets users take out Ethereum loans by putting their NFTs up as collateral. They can then use this loan to purchase new NFTs on the Blur marketplace. In return, liquidity providers receive interest, a mechanism that’s spawned the “NFTfi” niche in crypto. Data per Dune, now shows that Blend has facilitated more than 100,000 ETH in total volume, or roughly $181 million, just 17 days since its launch. Though the project racked up more than 3,000 loans from 900 unique lenders, adding Bored Apes Yacht Club (BAYC) and Mutant Ape Yacht Clube (MAYC) collections on Monday fueled further enthusiasm among NFT collectors. BAYC and MAYC accounted for a total volume of 2,267 ETH on day one. On Wednesday, BAYC was the third-most traded collection on the platform with a volume of 3,082 ETH, just behind Azuki (4,616 ETH) and Wrapped Cryptopunks (2,260 ETH).
NFTs | OpenSea | News
📣 Zombie-themed Deadfellaz NFTs Let You Bring the Avatars to Life on Video
DFZ Labs, the creative team behind zombie themed non-fungible token (NFT) collection Deadfellaz said Friday its rolling out a video utility extension to allow community members to bring their tokens to life and embody their avatars on screen. Called Streamingfellaz, the tool will let Deadfellaz token holders, also known as The Horde, to utlize the collection’s intellectual property (IP) beyond the artwork itself. Betty, CEO & Co-Founder of DFZ LABS said in a press release that Streamingfellaz will further extend Deadfellaz’ mission of giving holders a Web3 digital identity and new modes of self-expression. One member of The Horde, Dead Channel, was able to beta test the new tool and was enthusiastic about the product. “It’s been great bringing my full Web3 identity to life with my Streamingfella. Like many in the Horde: I am my fella, and my fella is me!” Dead Channel said in the release. Deadfellaz has been keen on expanding its IP beyond its digital artwork since its inception. In October, the collection teamed up with popular DJ and NFT collector Steve Aoki.
NFTs | OpenSea | News
🪙 ApeCoin DAO Approves Proposal to Boost Bored Ape NFTs, APE Ecosystem Growth
ApeCoin DAO has passed a community proposal that would see the launch of an Accelerator that supports the incubation of projects utilizing apecoin tokens (APE) to bolster the fledging ecosystem. The new AIP-209, which was submitted and approved via ApeCoin DAO’s Idea Proposal system, will incubate and launch community-approved projects that focus on improving the value of the Bored Ape Yacht Club (BAYC) NFT collection, and other projects that use ApeCoin. The "Ape Accelerator" aims to engage the ApeCoin community as initiators, voters, and participants. Initiators can submit proposals for projects to be incubated, while voters can use their APE tokens to vote on whether the proposed projects should be launched. Participants will be able to support approved projects by purchasing NFTs and other yet-unspecified tokens. ApeCoin was initially issued as a governance token by creator Yuga Labs to holders of the popular BAYC NFT collection, which is composed of 10,000 unique images of cartoon apes that sell at $83,000 apiece as of Thursday.
NFTs | OpenSea | News
🇨🇳 China prosecutors to crack down on NFTs used as crypto proxies
China's national agency responsible for legal prosecution published a new set of non-fungible token (NFT) guidelines on May 15, warning that NFTs are being used as a proxy for illegal securities and speculative digital assets. The guidelines from the Supreme People's Procuratorate of the People's Republic of China recommend stronger "risk research and judgment" to differentiate between “true innovation” NFTs and quasi-crypto “pseudo-innovation,”. The prosecutors acknowledged that “as a new application of blockchain technology, NFT has certain development potential." However, they also saw a tendency toward “securitization” of NFTs where ownership of one token or collection was shared among multiple individuals, which they claim violated proper NFT criteria such as non-reproducibility, indivisibility and uniqueness. The court found that NFTs “have the object characteristics of property rights such as value, scarcity, controllability, and tradability” and “belong to network virtual property” meaning that they “should be protected by the laws of our country.” Their definition of NFTs set an important and far-reaching precedent for digital property in China.
NFTs | OpenSea | News
🖼 Mattel To Launch Fast & Furious NFT Collection On May 22
Hot Wheels is preparing to rev up the engines this week with the arrival of the all-new Hot Wheels x Fast & Furious Virtual Collectibles, which will be available on the Mattel Creations Virtual Collectibles Marketplace on May 22. The Hot Wheels NFT Garage x Fast & Furious collection will be available on the Flow Blockchain and will include vehicles from the films such as Dominic Toretto’s 1970 Dodge Charger, Brian O’Conner’s 1969 Camero, and Suki’. Each NFT has its own set of features and information, such as original artwork and extensive backstories about automobiles. These tokens provide fans with more than just ownership; they provide a rich, immersive experience that strengthens their bond with the Fast & Furious world. The Hot Wheels x Fast & Furious Collection will debut on the heels of the May 19 U.S. release of Fast X, the next movie in the Fast & Furious Saga, and will highlight legendary automobiles from the Fast & Furious franchise’s history. Each NFT in the collection is a beautifully built digital model of a well-known vehicle from the series.
NFTs | OpenSea | News
📣 Subversive Announces Metaverse ETF Closure
Subversive Capital Advisor (the "Advisor" or the "Company"), a Registered Investment Advisor primarily focused on different mission-driven emerging sectors, has announced today that the Board of Trustees (the "Trust") has determined to close and liquidate the Subversive Metaverse ETF (CBOE: PUNK) (the "Fund") effective immediately after the close of business on May 31, 2023. Subversive Capital Advisor will continue to operate its other Exchange Funds as usual. In 2022, the world watched as Meta, formerly Facebook, place a big bet, including its name, on the future of the Metaverse. Subversive Capital Advisor launched the Fund with a skeptical view of Meta's imagining of what that world would look like, and to invest in other companies spearheading innovation in this new space. "We continue to believe Meta's focus is misguided and, we've decided to pivot given the rapid advances in more promising technology such as Artificial Intelligence." said Subversive's portfolio manager, Christian H. Cooper. The Fund's last day of trading will be May 31, 2023, which will also be the final day for creation unit orders by authorized participants.
NFTs | OpenSea | News
⚡️ Elizabeth Arden Enters Metaverse with Virtual Store
Beauty brand Elizabeth Arden, which expanded to all Ulta Stores last summer, has launched its first-ever immersive virtual store experience, created in partnership with experiential e-commerce platform Obsess. The fully shoppable experience is designed to delight and engage Elizabeth Arden’s more digitally driven consumer base by allowing customers to experience the brand’s products and learn about the woman behind the brand. “Elizabeth Arden has been a leading beauty industry innovator for the past 120 years and we are thrilled to launch our first metaverse shopping experience in partnership with Obsess,” said Martine Williamson, Global Chief Marketing Officer. “We are truly operating as an omnichannel business to evolve our customer experience and engage a whole new generation of shoppers about our products and legacy through digital storytelling.” The Elizabeth Arden virtual store experience brings the company’s history to life through interactive content and images that tell the story of its inspirational female founder, her impact on the beauty industry and the brand’s evolution.
NFTs | OpenSea | News
⚡️ Bluzelle Launches Capella: The Game-Changing NFT Marketplace for Web3 Games on Cosmos
Bluzelle, the Cosmos-based GameFi blockchain, has just launched a new NFT marketplace called Capella to facilitate Web3 games powered by the blockchain. Capella’s efficient support for NFTs and SFTs is part of its mission to deliver an unparalleled user experience and greater utility for gamers. Bluzelle hopes to develop state-of-the-art infrastructure solutions to propel GameFi and NFTs into the future in light of the recent surge in activity on the Cosmos and IBC Chains. One major problem with Cosmos-based NFT marketplaces is that they need to support semi-fungible tokens (SFT), used increasingly in Web3 games. The value of virtual game assets and their secondary market liquidity is thus minimal. However, Bluzelle has introduced IBC-enabled capabilities with Capella, making buying and selling tokens, NFTs, and gaming assets possible through a unified interface.
NFTs | OpenSea | News
📣 Moondogs Confirms Core Tokyo as First NFT Project Coming to Openwaters Launchpad
Moondogs’ native Non-Fungible Token (NFT) launchpad, Openwaters, has confirmed its first project on the Core chain. The launchpad will host Core Tokyo shortly. Moondogs unveiled Openwaters on March 8, and since then, the protocol has planned to onboard its first project. Now, the protocol has confirmed Core Tokyo as its first NFT project on the Openwaters launchpad, and Moondogs NFT holders would get a whitelist to mint the collection. Core Tokyo is a collection of 9,000 unique avatars that unlocks some exclusive perks like membership to a gathering of artists and Web3 enthusiasts on the protocol’s ecosystem. Moondogs confirmed the launch with BSC News, stating that it is the beginning of a golden era of NFTs on the layer-one blockchain. The Core Tokyo collection will go live on April 25, and the protocol will share details, including mint time, on April 24. Interested users should visit the Core Tokyo Twitter page for more details. Also, interact with the tweet below to receive a whitelist.
NFTs | OpenSea | News
📣 David Bowie is back to life with new musical NFTs
David Bowie, widely regarded as one of the most influential musicians of the 20th century, was also extremely prolific, producing a vast body of work throughout his career. He has released 27 studio albums and 128 singles, in addition to several live albums and soundtracks. But looks like the late singer-songwriter has one song left to perform even after he passed away in 2016. On Thursday, Gala Music, a division of Web3 company Gala Games, teamed up with music publisher Warner-Chappell Music and producer Larry Dvoskin to release a previously never-heard version of David Bowie’s iconic 1983 tune “Let’s Dance” through a small announced the release of Batch of NFT.
NFTs | OpenSea | News
📣 Meta Sunsets ‘Digital Collectibles’ as Platforms Cool on NFT Adoption
As of April 11, Meta will discontinue its NFT-sharing feature ‘Digital Collectibles.’ Marking the end of a project that allowed users to display their NFTs on Instagram and Facebook. Initially launched in May 2022, the feature was conceived as a way to better integrate the platforms into the digital collectibles ecosystem. Users could connect a crypto wallet and share the compatible image- or video-based NFTs as a special type of post. Existing Digital Collectible posts will be converted to ordinary Facebook and Instagram posts and Meta will no longer connect to third-party wallets. It may come as a surprise to see Meta winding down the program less than a year after its launch. As recently as November, the Big Tech firm rolled out integration for Solana wallets. Suggesting a continued commitment to NFT compatibility. But that initial enthusiasm seems to have died. Following a wave of hype that characterized the space previously, in July 2022, Microsoft-owned Mojang Studios announced that it would not support NFC compatibility on Minecraft.
NFTs | OpenSea | News
📣 M&A Activity in Metaverse Technology Market to Set New Growth Cycle
Global Metaverse Technology Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. The Metaverse is a network of 3D virtual world shared by multiple users in which participants can interact with each other's via avatars. Metaverse taps technologies such as VR and AR to build a social connection. Additionally, Metaverse participants are able to engage in decentralized virtual economies such as cryptocurrency. Metaverse Technology also includes marketplaces where users can buy, sell and exchange items like digital assets like virtual clothing, avatars, NFTs and event tickets.
NFTs | OpenSea | News
⛵️ OpenSea Releases New Wallet Function Update Helps Users Simplify Operation
OpenSea announced on social media a number of enhancements, including the wallet feature, aimed at enhancing the platform’s user experience. The wallet has been updated to simplify ETH packaging/unsealing even more, to provide real-time balance refresh, and to update the collection order mode. The service will be simpler when the new function is updated, and network navigation will be easier after the in-app blockchain transition. OpenSea announced a series of updates, such as the wallet function, aimed at improving the user experience of the platform, including wallet upgrades to further simplify ETH packaging/unsealing, support real-time balance refresh, collection order mode update, added NFT quotation depth option and quotation option added NFT feature filter. After the new function is upgraded, the service will be simpler, and the network navigation after the in-app blockchain switch will be easier. At the same time, users can accurately understand their transaction amount and view the latest floor price and maximum bid in real-time.
NFTs | OpenSea | News