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📣 Puma Plots NFT Sneaker Drop With NBA's LaMelo Ball, Gutter Cat Gang
Global sports apparel company Puma is continuing its foray into Web3 with a sneaker-based collaboration with NBA star LaMelo Ball and the NFT project Gutter Cat Gang. Titled “GutterMelo MB.03,” the limited-edition kicks will initially be sold for $175 via the OpenSea marketplace as an NFT collectible on June 29. The NFT can later be redeemed for the physical sneakers during a month-long window from July 18 through August 20. Ball, a young star in the NBA who was drafted third overall in the 2020 draft and is a point guard for the Charlotte Hornets, penned a multi-year endorsement deal with Puma in 2020 for a reported $100 million. The MB.03 sneaker marks the third iteration of his sneaker line with Puma, with further editions expected for release later in the year. Gutter Gang Cat is an NFT profile picture (PFP) project launched in June 2021 that features 3,000 cat-themed avatars. The Puma sneaker is customized with a colorful effect that looks like a heat map, along with a Gutter Cat Gang image and “1-of-1” inscription on the tongue plus the names of the collaborators on the heel.
NFTs | OpenSea | News
📣 Gamified Storytelling Project Axis Mundi Launches 72-Hour NFT Open Mint
More than a cash grab, design studio UVL is rolling out a unique “choose-your-adventure” styled NFT project this week. Consisting of three key components, the voyage of "Axis Mundi" begins on June 6, with a 72-hour open edition mint where users can acquire so-called Energy elements. An open edition mint refers to an unlimited number of NFTs in a collection. These elements were created by new media artist Jason Ting and sound designer Pelican Sound. The mint price is set at 0.009 ETH, or roughly $16 at today’s prices. The sale of Beings, the experience's primary NFTs, is slated for September at an undisclosed price. The Beings NFTs can evolve too, but users will need to burn their Energy NFTs to do so. To move from its first form to the second, for example, users will need to destroy five Energy NFTs. The final component is a much larger, collective work that generates art based on the various interactions between different Beings in the virtual world once the experience concludes. The experience will unfold over the next 8 to 12 months, across eight chapters.
NFTs | OpenSea | News
📣 Tanjea Launches it's First Play-to-Earn NFT Game to the App Store and Google Play Store
Snowy Owl Gold Corp. (CSE: SNOW) (FSE: 84L) ("Snowy Owl" or the "Company") is pleased to announce that Bluecorp Capital Corp., which is in the process of being acquired by Snowy Owl, has released its first play-to-earn ("P2E") NFT-based game, Tanjea - Race to Riches, on the Google Play Store and Apple App Store. This achievement likely makes Tanjea the second game allowed into the Apple App Store that utilizes externally purchased NFTs. Axie Infinity, a P2E game with a multi-billion dollar market cap token ($AXS). Tanjea, the primary project of Boba Mint Co. Inc. (the wholly-owned operating company of Bluecorp Capital), represents a new approach to revolutionize the hyper-casual mobile gaming space by integrating P2E and NFTs. Once the proposed transaction is complete, Snowy shareholders will gain exposure to the mobile gaming, metaverse, and NFT sectors through Tanjea's NFT and token-based economy. Leading Tanjea and Snowy will be Boba Mint Co. Inc.'s acting CEO, Michael Zon, an early adopter of Bitcoin, Ethereum, Cryptopunk, and Bored Ape NFTs. The founding team also includes CTO Alex Ianovski, who met Michael during his PhD in Biomedical Engineering, as they both completed their Engineering graduate degrees in the same laboratory.
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⚡️ Developers Will Build Apple’s Metaverse
Apple loves developers, and developers love it back. In fact, the company loves devs so much it created a conference for them, which has now become its biggest platform for it to launch its greatest new products. In Worldwide Developers Conference, or WWDC for short, Apple announced a whole ecosystem for developers embedded in the Vision Pro headset. ARKit, developers can add AR features like a depth API, people occlusion, Instant AR, motion capture, and more to their applications. Along with releasing what it calls the world’s first spatial computer, Apple also dropped the details of the dev stack behind the new product line. Aiming to replicate the success of their past products’ developer ecosystem, Apple will soon release dev tools that might create the new standard for XR (extended reality), but on Apple’s terms. To go along with its new Vision Pro headset, Apple announced the visionOS operating system. The visionOS SDK builds on Apple’s history of augmented reality dev kits such as RealityKit, ARKit and other AR creation tools. ARKit was Apple’s first foray into harnessing the power of augmented reality, with the company releasing ARKit 6 at WWDC earlier this week.
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🖼 Twitch Co-Founder's Fractal Launches Tools to Help Devs Build NFT Games
Gaming-centric Web3 startup and NFT marketplace Fractal has announced Fractal Studio, or FStudio, a three-part product the firm says will enable video game developers to more easily add crypto integrations into their titles without having to code. FStudio gives developers the ability to “build,” “acquire,” and “monetize” their projects, according to a statement. Developers will be able to turn in-game assets into NFTs with FStudio. FStudio users can also add their games to Fractal’s desktop game launcher for app-based games, which already boasts roughly 150 titles. Browser-based games can appear on the Fractal web platform, meanwhile. Over time, Fractal has evolved from being known as a game-focused NFT marketplace on Solana and other networks to being both a Web3 game platform and launcher for users. Now with FStudio, it’s also dipping its toes into developer software. FStudio will allow game developers to host their own tournaments with prize money, create events, conduct giveaways and give players rewards, and create a “crafting” mechanic that allows gamers to earn prizes.
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📣 Puig celebrates Good Girl Blush launch with first-of-a-kind NFT activation
Puig has created a pioneering NFT (non-fungible token) activation at Madrid-Barajas and Rio de Janeiro-Antonio Carlos Jobim Airports to celebrate the launch of its Good Girl Blush fragrance from Carolina Herrera. The NFT collection, called The Beauty Travel Capsule, is described as an exclusive digital assets showcase of artwork inspired by the new scent. It was created by digital artist duo Auroboros and will be available at the two locations for a limited time only. Auroboros is a collective of 3D designers committed to championing the values of female empowerment and diversity. Accordingly, the exclusive Beauty Travel Capsule NFT collection aims to inspire, connect and support women globally. Additionally, owners will have access to the WOW3 programme which includes physical and virtual events, and a tech global job platform, as well as a weekly podcast and newsletter. The Beauty Travel Capsule NFT holders will automatically be inducted into the Carolina Herrera Beauty Travel Community, and receive exclusive communications from the brand.
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📣 GameStop NFT back in the spotlight after partnership with Illuvium
On June 5, Ethereum blockchain game developer Illuvium announced a partnership with video game and consumer merchandise retailer GameStop to debut a 20,000 nonfungible token (NFT) collection starting June 12. According to developers, the "Illuvitars" NFTS are "dynamic collectable works of art, representing a specific avatar of an Illuvial with a distinct expression. Each Illuvitar carries a power rating, determined by its rarity, which helps you climb the leaderboard." Each "GameStop x Illuvitar D1SK NFT" will contain a unique GameStop-branded "Illuvitar," which developers say possess "108 potential combinations based on six different Illuvials, three expressions, three background stages, and two finishes." D1SKs contain random Illuvitars and accessories and can be traded on the Illuvi decentralized exchange. In addition, NFT holders will be entitled to early access to Illuvium's creature collector games, Illuvium Overworld and Illuvium Arena, and other perks. Cointelegraph reported in February 2022 that GameStop selected Ethereum layer-2 scaling solution Immutable X to power its NFT marketplace.
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📣 Brave launches automatic NFT pinning
As per recent reports, Brave has launched automatic NFT pinning, allowing users to safely store the metadata of NFTs in Brave’s Wallet. The objective is to provide security to the data and easy access to FVM on top of Filecoin EVM. The original launch dates back to May 02, 2023, when the update actually came to light, citing that the goal is to support the adoption and development of a decentralized web across the globe. Brave registered over 57 million users in the early days of May 2023. To clarify, pinning here refers to informing IPFS (Interplanetary File System) about indefinitely storing the metadata in a specific location. The file remains available at the convenience of the user. The whole point is to spread even the risk of losing data by storing them at multiple locations. Therefore, improving the resiliency for the long term. Brian Bondy, the Co-Founder & Chief Technological Officer at Brave, highlighted in the previous announcement that the development lets a user access the feature with just a few clicks to ensure that the information is available continuously within its framework. Users do not need to have any knowledge about the mechanism.
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🖼 EA is doing some vague nonsense on Nike's NFT platform
Nike, never one to pass up a cynical corporate cash-in, obviously made its own "web3" platform last year, debuting the .Swoosh "digital community experience" in November and selling a bunch of boxes of randomized virtual shoes in its beta period. "Build your collection," it advertises, "Display, trade, or wear your Nike Virtual Creations in video games and immersive experiences.". Now one of gaming's very own cynical corporate cash-grabbers, Electronic Arts, is getting in on the "immersive experiences". "In future EA Sports titles, EA Sports and Nike plan to make select .Swoosh virtual creations available allowing members and players unique new opportunities for self-expression and creativity through sport and style," it said. My guess is that means you'll get to have your little custom players wear the virtual sneaker designs you bought on Nike's marketplace? They're not very clear, here. The quotes in the press release do a lot of bloviating about "incredible new experiences" and a "commitment to innovation" and "creativity" that's for "fans" and they use the word partnership a lot. Is this NFT and Web3 buzzword bait for investors because both companies want to be seen as innovators, which is also a buzzword? That's my hypothesis.
NFTs | OpenSea | News
📣 Apple's AR Headset Will Supercharge Gaming and the Metaverse
While many believe that the metaverse will exist exclusively in the virtual domain, the more likely outcome is that it will bleed into our everyday lives through the power of augmented reality (AR), making digital content omnipresent around us in a “mixed reality” setting. That’s exactly the promise of technologies like Apple’s upcoming mixed-reality headset, which is widely rumored to launch on Monday at the annual WWDC conference. Apple has a knack for taking emerging technologies and making them polished and accessible enough for the masses, and its headset could do much the same for AR. Such platforms will be a key catalyst that amplifies the metaverse and blockchain-powered gaming via novel experiences integrated into everyday life. From sporting events and shopping centers to restaurants and entertainment venues, mixed reality introduces an interactive element that blends IRL (in real life) and IVL (in virtual life). Here are the key opportunities I see ahead, along with what the continual development of AR brings to the metaverse—and why it is such an exciting shift across all interactive media.
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🔫 Neal Stephenson's Lamina1 Is Fighting for an Open Metaverse
Neal Stephenson and his team at crypto startup Lamina1 (L1) are convinced that blockchain can help bring it into fruition—and that a certain social media giant co-opted the concept of a metaverse without understanding its true meaning and intent. Lamina 1 is a layer-one blockchain protocol co-founded by Stephenson, the author who has been widely credited as the originator of the term “metaverse” via his seminal 1992 novel Snow Crash. Lamina 1 CEO Rebecca Barkin, who previously was an executive at augmented reality startup Magic Leap, shared L1’s vision for building an open metaverse leveraging crypto—and how video games deeply inspired Stephenson’s metaverse vision. Barkin explained that Stephenson and L1 want to create an open, high-fidelity metaverse—so forget floating cartoon characters without legs and “walled garden” games that don’t allow users to take their assets with them to other virtual spaces. Barkin said that Lamina1—which is preparing to launch its mainnet this summer—also takes issue with Meta’s approach to “the metaverse” and VR.
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📣 Nike and Electronic Sports NFT Deal Goes Strong to Boost “Virtual Creations” in the Latter’s Game Titles
Nike has collaborated with EA Sports to bring out some exciting sneaker projects for their games. For quite some time, the Web3 space has seen a sharp decline in the markets because NFT projects have failed despite the involvement of celebrities and superstars. In other words, NFTs after the Crypto Punks project were never really up to the mark, so fans questioned the hype. And soon, the market dropped, making new lows and pushing investors to lose billions. Amidst that, many companies tried their luck with NFTs as well. Some popular names included H&M and Nike who inaugurated their virtual marketplace. For Nike, it was the name Swoosh under which they launched the NFTs sneaker collection for fans. And now, exactly two years later, they are set to partner with EA Sports to expand the NFT business across the Esports world. On June 1, 2023, EA Sports announced their massive partnership with Nike. They claimed the billion-dollar brand to bring their virtual excellence to the games, let alone allow fans to own exclusive items. However, EA did not reveal the name of the games that would feature Nike’s items, so that’s a whole new mystery.
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🖼 Trip.com Incubates First NFT "Trekki", Bridging the Web3 Universe with the World of Travel
Trip.com has made history as the first global travel service provider to delve into the world of non-fungible tokens (NFTs), incubating its first collection, "Trekki". The Trekki collection consists of 10,000 NFTs themed around a dolphin cartoon, now open for registration on Trekki's official website, and will be sold via blind boxes in Q3 of 2023. Trekki is categorised according to its scarcity, with each NFT possessing a distinct persona and various travel backgrounds. With the goal of connecting the Web3 nomads with the world of travel, Trekki allows travel enthusiasts who value unique experiences and digital collectables to enjoy various benefits on Trip.com. The new NFT also carries a unique gamified growth mechanism - the more a Trekki holder travels, the more benefits the holder can unlock through Trekki. Trekki represents Trip.com's inaugural foray into Web3 and marks its entry as one of the first global travel service providers to explore the NFT market. The NFT project is also seeking collaborations with successful Web3 players and tourism partners to offer greater benefits to holders and foster a connection between the digital realm and real-life tourism experiences.
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🖼 BBF Limited (Baby Shark BubbleFong Friends) to Launch 2nd NFT Collection on Binance NFT Marketplace
BBF Limited, the operating corporation of the game 'Baby Shark BubbleFong Friends', has announced June 2nd that it will be launching its second 'Baby Shark BubbleFong Friends' NFT collection on Binance NFT, the premier marketplace for NFTs created by Binance, the world's leading cryptocurrency exchange, on 5th to 8th of June. 'Baby Shark BubbleFong Friends' is published by KOSDAQ-Listed CityLabs and developed by Haru Entertainment, and the game's Partner Character NFTs. The first pre-sale on the Binance NFT marketplace was a complete success and sold out in less than 30 minutes. 'Baby Shark BubbleFong Friends' Main Character NFTs, which featured the world-renown Pinkfong Wonderstar characters, were sold during the first pre-sale. For the upcoming second pre-sale, 960 of the game's Partner Character NFTs, featuring the sensational Baby Shark characters, will be up for sale on the Binance NFT Marketplace. Those who are interested in the sale will need to register for an account on the Binance NFT marketplace and complete identity verification to be able to participate in the event. More information and details regarding the upcoming pre-sale will be announced on the official social media and community channels.
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🖼 ANA Group To Launch NFT Business
The group behind Japan's All Nippon Airways, ANA Group, has created a Non-Fungible Token (NFT) business. The owner of the largest airline in Japan launched the venture on May 30th through one of its subsidiaries, ANA NEO. A Non-Fungible Token is a unique digital identifier that is recorded on a blockchain, and used to certify authenticity and ownership. Until now, the technology has been mainly used in the fields of art and music. ANA NEO has also launched an NFT marketplace, named ANA GranWhale NFT MarketPlace, which it will use to begin sales of NFT products, as well as promote its virtual travel platform, ANA GranWhale. The development of ANA GranWhale began in August 2022, and today the platform makes use of virtual reality technology to recreate destinations around the world in the metaverse. The marketplace launched on May 30th with a total of 267 items for sale, including the first NFTs of the digital works of aviation photographer, Luke Ozawa. The price of each of Ozawa's NFTs is ¥100,000 ($717).
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🖼 ‘Stand With Crypto’ NFT Spreads Across Crypto Twitter Amid SEC Crackdown
The past 48 hours have been grim for the crypto industry. On Monday, the Securities and Exchange Commission (SEC) sued crypto exchange Binance and its founder and CEO Changpeng Zhao for allegedly violating federal securities laws. The next day, the SEC filed a lawsuit against Coinbase over similar allegations. Later in the afternoon, the SEC sought to freeze assets related to Binance.US, the exchange’s US-based entity. The crackdown isn’t surprising to some; however, it’s added to the frustration around the lack of policy and regulatory clarity in the United States surrounding crypto. While the lawsuits are so far only against Binance and Coinbase, the entire industry has been shaken up by the news, and the value of tokens named in the filings has plummeted. Some critics hyperbolized that the situation could mark the downfall of crypto. Since Monday morning, figures across the crypto space have minted Coinbase’s Stand with Crypto non-fungible token (NFT) on minting platform Zora to mark their commitment to crypto while demanding regulatory clarity.
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💰 Mark Cuban collaborates with Book.io to release NFT e-book on Polygon Blockchain
Mark Cuban has joined forces with Book.io, a leading digital content publishing company that operates on various blockchain networks, including Ethereum, Cardano, Algorand, and Polygon. Together, they are set to release Cuban’s e-book titled How to Win at the Sport of Business as a non-fungible token (NFT) exclusively on the Polygon network. Known for its low fees and fast transactions, the Polygon blockchain provides the ideal platform for this venture. Mark Cuban’s NFT collection will encompass a limited edition of 10,000 e-books, each featuring 285 distinct AI-generated cover designs. The digital content publisher, Book.io, had previously hinted at their collaboration with Mark Cuban during a recent episode of the “BanklessHQ” podcast. Notably, Book.io differentiates its NFTs by referring to them as Decentralized Encrypted Assets (DEAs), offering users ownership rights and the ability to access, read, resell, and share digital content. The book will feature a collection of Cuban’s finest material sourced from his renowned Blog Maverick.
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⬜️ OKX Wallet is the Only Multi-Chain Wallet to Support Bitcoin NFT Trading via its Ordinals Market
OKX Wallet today announced that it has enabled Bitcoin NFT trading on its Ordinals Market. This makes OKX Wallet the first decentralized, multi-chain wallet that allows web and mobile users to trade Bitcoin (BTC) NFTs, view and transfer Bitcoin ordinals, as well as trade BRC-20 tokens across 60+ blockchains via one solution. It is also the only multi-chain wallet that offers zero trading commission fees and supports batch listing. OKX Wallet has added a new 'BTC NFTs' tab to its Ordinals Market, giving users the option to buy, sell and transfer inscriptions. Users can also view the assets they own in the home tab of OKX Wallet, with ordinals appearing in the NFT sub-tab. The OKX Wallet stands out as the first multi-chain Web3 wallet to use multi-party computation (MPC) technology, which improves security by eliminating a single point of failure and makes it easier for users to recover access to assets in emergencies. As a truly decentralized, self-custody wallet, all transactions and tokens are on-chain, following the Bitcoin philosophy of 'not your keys, not your coins.'
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🖼 Blue chip collaterals help stabilize NFT lending: Paraspace
According to a recent report published by nonfungible token (NFT) money market protocol Paraspace and multichain wallet BitKeep, the current amount of NFT borrowing and lending, or NFTFi loans, has surpassed $430 million across 43,521 borrowers. The highest proportion of collateral comprised the most popular NFT collections, such as Wrapped CryptoPunks, Bored Ape Yacht Club and Mutant Ape Yacht Club. Researchers at Paraspace and BitKeep said that NFTFi added $25 million in outstanding loans from January to March. Also contributing was the introduction of a digital collectible lending protocol by NFT marketplace Blur, which surpassed $16 million in loans one day after its launch, led by Taiwanese celebrity Machi Big Brother. Yet, the real impetus was the invention of Bitcoin Ordinals, which boosted total NFT market transaction volume to $1.5 billion in March but shrunk to $330 million in May. Despite the growth, however, Paraspace and BitKeep researchers warned that liquidity concerns remain a constant theme in the sector.
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🖼 WIN NFT HERO V2.1 Open Beta Launches with a Million-Dollar Prize Pool for S1
WIN NFT HERO is a TRON-based strategy game that combines GameFi and NFTs, providing players with full ownership of their in-game NFT assets, including heroes and equipment. It is viewed to be the blockchain version of Teamfight Tactics (TFT), where players strategically position the heroes based on their abilities to secure victories in battles. According to the official announcement, WIN NFT HERO v2.1 Open Beta Test was launched on June 1, 2023. WIN NFT HERO S1 adopts a thrilling new point-based PvP ranking system, and all battles will take place in the arena. To engage in PvP combat, players need to have three N-level or higher quality heroes and click on "Arena" on the left panel of the home screen or locate the NPC Emily within the in-game town. In this mode, players will be ranked by their total points earned, which is calculated using a point system that awards points for a win and deducts points for a loss. Season 1 of WIN NFT HERO will feature generous token rewards, including $NFT, $WIN, and WNH, along with rare NFT assets.
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🖼 Bored Ape NFT Locks an Influential Movie Contract
Merging cutting-edge technology and cinematic storytelling, a new screen star is being born. The esteemed BAYC NFT, Bored Ape #2758, is making its foray into the movie world, thanks to its loving owner, ‘Rzubi.ETH‘, striking a remarkable deal with Pirexia Films. The Netflix director JM Cravioto is taking charge of this cinematic experience, whose best known for his engaging El Chapo series. NFT enthusiasts and film fans alike are eagerly awaiting this pioneering cinematic marvel. The BAYC-featured movie not only marks the very first appearance of an NFT actor staring in a film but also issues BAYC #2758 a salary that matches the coveted Screen Actors Guild (SAG) alongside other fully-fledged membership privileges. Rzubi — a proficient movie producer at Pirexia Films — recently shared alluring revelations regarding the film’s essence. At the root, this enthralling creation manifests a romantic comedy that astutely explores the transformative journey of a social media personality. Stripped of her digital identity following an unsettling breakup, she embarks on a quest of personal exploration, unearthing her inner essence beyond the digital realm.
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🖼 Trip.com introduces Trekki NFT to improve the travel experience
Non-Fungible Tokens were originally introduced to bring artists under the limelight, eliminating the requirement of walking around for recognition. They, NFTs, have now gained an expanded utility in the digital world. The introduction of Trekki NFT by Trip.com is one such example. The objective is to enhance the travel experience of the users. With NFTs in the picture, it is right to assume that not just the utility but the overall experience is gaining a huge push from this Web3 project. Trekki NFT established a unique intellectual property with lasting value. It successfully captivates the worldview and immersive storyline. What makes the first Web3 venture of Trip.com stand out in the market is its ability to redefine the case utility of non-fungible tokens. The short-term plan is to collaborate with industry organizations to offer exceptional travel experiences. Most of it is likely to include hotel bookings, discounted flight tickets, and tickets to access attractions. Discounted flight tickets are rather the most happening to offer a user would come across while stepping into the Web3 world of Trip.com.
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🖼 The Potential of NFTs to Revolutionize the Travel Industry
Non-fungible tokens have marked a major shift in the technological landscape, essentially allowing for the distribution of verifiable and unique tokens that can represent just about anything. One of the latest trends in this evolving Web3 environment has seen the rise of NFTs within the travel industry. Effectively, representing anything from tickets, to hotel bookings and even tailored travel experiences. So, as the travel industry sits on the cusp of a digital revolution, let’s take a look at how NFTs can impact our global excursions! The travel and tour industry manages people traveling to other locations, locally or globally, for business or pleasure. The role of brands in this industry is to convey people to their destinations and arrange activities while they are there. The travel and tour industry is vast, with its functionalities extending to tourism and hospitality, where tourists are guided to aesthetic and monumental places of the world, state-of-the-art restaurants, hotels, ecological and conservation parks, and so on. However, the broadness and effectiveness of this industry can be greatly enhanced with the incorporation of NFTs. NFTs are digital tokens created in the decentralized space, they can be used to promote the travel and tour industry in various capacities.
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🖼 Gary Vaynerchuk expects NFTs to expand beyond digital collectibles long term
Welcome back to Chain Reaction, a podcast that unpacks and dives deep into the latest trends, drama and news with some of the biggest names in crypto breaking things down block by block for the crypto curious. For this week’s episode, Jacquelyn interviewed Gary Vaynerchuk, better known as Gary Vee. He is the chairman of VaynerX and CEO of VaynerMedia and NFT collection VeeFriends. NFT collectibles as a part of the ecosystem, but believes in 20 years, when people hear the term NFT. The inspiration behind VeeFriends began between 2018 and 2019 when Vaynerchuk originally wanted to start a line of desktop toys for “positive reinforcement.” The idea derived from the thousands of direct messages he receives monthly from people saying how they dislike their jobs. So originally he was going to launch a toy line, but COVID-19 happened and the NFT boom began, which was where Vaynerchuk merged his plan through the digital asset sector. “I did have a big audience … but I focused on real life utility,” Vaynerchuk said. “At first I thought I was building Disney, now I think I’m building Sesame Street … I want to create a universe, and I thought the technology of NFTs was an incredibly fun way to start that.”
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📣 MetaFlare Revolutionizes the Metaverse with Unprecedented Innovation
MetaFlare, the visionary pioneer in the rapidly evolving metaverse industry, is set to redefine the digital landscape with its groundbreaking platform. Combining cutting-edge technology with user-centric design, MetaFlare offers an immersive and limitless virtual universe where creativity knows no bounds. "Our platform is a gateway to a new era of digital interaction," said the spokesperson of MetaFlare. "We believe in empowering individuals to become creators in their own right, blurring the line between virtual reality and real-life experiences.". MetaFlare's platform is built on the robust Binance Smart Chain, allowing for enhanced scalability and interoperability. Through this technology, MetaFlare aims to introduce multi-chain support, enabling seamless transfers and collaborations across different blockchain networks. To participate in MetaFlare, users can engage in basic gameplay by registering and gaining power in the metaverse. Although staking tokens is not mandatory, it enhances the immersive experience. By purchasing tokens via PancakeSwap and staking them, users can unlock power bonuses, boost their badge level, and elevate their power value. Early adoption rewards are incentivized through a decreasing daily pool output.
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📣 Alchemy Pay teams up with Mastercard for ‘NFT Checkout’
Alchemy Pay has partnered with Mastercard to bring “NFT Checkout” – a direct payment method for digital artwork. The company intends the integration to improve accessibility to the NFT market, revolutionizing how users interact with digital artwork. A Medium post announcing the news stated that Mastercard has a presence in over 210 countries and a circulation of 1.554 billion debit cards – suggesting significant potential for NFT adoption. Alchemy Pay said businesses could benefit through the ready-made solution. At the same time, users would have a convenient, mainstream way to purchase non-fungibles – particularly those who may not be crypto-savvy. As of press time, ACH’s seven-day performance saw a 10.2% gain. However, over the last 24 hours, the token fell 1.8% to $0.02966. Nonetheless, at the current price, ACH is still 85.1% down from its $0.198666 all-time high, achieved on August 6, 2021. The addition of new payment channels in New Zealand and Australia via the POLi and PayID payment apps. The project’s Ramp Service has had a UI update.
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💰 Solana’s NFT sales dive as Bitcoin Ordinals surge
Solana’s secondary non-fungible token (NFT) sales dropped nearly 50% in May, to US$44.9 million from US$85.7 million in April. The Forkast SOL NFT Composite, a measure of NFT activities in the Solana blockchain, also decreased by 12.13% throughout May. The dip in Solana’s NFT market coincides with a surge in Ordinals, a type of NFTs on the Bitcoin network. Bitcoin’s monthly NFT sales volume skyrocketed by 474% in May, reaching over US$189 million, according to CryptoSlam data. The single reason for the major change in the Solana ecosystem is simply the impact of Bitcoin NFTs,” said Yehudah Petscher, NFT strategist at Forkast Labs. “Since Bitcoin NFTs launched at the end of January you can see Solana’s numbers steadily decreasing. Sellers, buyers, total transactions, are all 50% or less than they were prior to Bitcoin NFTs. Bitcoin’s monthly NFT sales multiplied by more than six-fold, growing from US$32 million in April to US$195.7 million in May. The Bitcoin blockchain recorded its 10 millionth Ordinals inscription on Monday, Dune Analytics data showed. The recent surge in memecoins has also factored into Solana’s falling NFT sales, according to Brian Boisjoli.
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🖼 NFT hacker’s new technique introduces new feature to Blur market
A hacker known as “Pink Drainer” has discovered a method to enable private sales on Blur, a platform that typically does not offer this feature. This revelation, first shared by Twitter user Quit, has the potential to alter the dynamics of the NFT marketplace significantly. Blur, an NFT marketplace, traditionally does not offer private listings. Any user can fulfill any listing created on the platform. However, Pink Drainer has found a way to purchase items for near zero ether (ETH) on Blur. Typically, if a scammer tricks a victim into creating a Blur listing for the minimum amount of ETH, arbitrage bots would outpace them. These bots are willing to pay most of the value of the NFT in fees to block validators, thereby securing the purchase for themselves. This situation is not ideal for phishing hackers such as Pink Drainer. To counteract this, scammers have been known to phish signatures to list items above the floor price, with their own address set as the royalty recipient with 100% royalties. However, Pink Drainer has taken this concept a step further. Pink Drainer sets a royalty recipient with 100% royalties, but instead of putting the recipient to themselves, they set it to a contract.
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🖼 NFT Artist Fewocious Reveals Upcoming Collection “Fewos”
Non-fungible token (NFT) artist Fewocious said Wednesday he’s gearing up to release his upcoming digital art collection “Fewos.” According to its website, Fewos are characters in Fewoworld, Fewocious’ Web3 universe of digital art. The three species of Fewo NFTs – Frankenstein, Misunderstood, and Humanoid – have their own unique artistic traits. There are no details on the price of the NFTs at this time. While the mint will open for public sale later in the summer, there will be a presale for holders of Fewocious’ previous Paint Drop collection, as well as holders of other Fewocious digital art tokens. The site specifies that each Fewo comes with a ERC-6551, meaning the token can transform into a wallet. The wallet will be used to claim a mint pass for FewoFashion, a collection of digital wearables and accessories. Fewocious, who’s real name is Victor Langlois, has risen to the ranks as one of the most successful NFT artists to date. In April 2022, Fewocious released the Paint Drop collection, in which he amassed $20 million in sales over the course of 24 hours.
NFTs | OpenSea | News
📣 Sotheby’s to auction failed 3AC’s NFT collection
The “Grails” non-fungible tokens, created by failed crypto hedge firm Three Arrows Capital, will soon be available for acquisition at Sotheby’s auction. Sotheby’s has announced its plans to facilitate the auction of 37 “Grails” NFTs next month, promoting it as the “most extensive live auction of digital art ever witnessed.”. The auction house aims to generate revenue exceeding $5 million, setting a remarkable precedent in this burgeoning market. Adding an air of intrigue to the event, the previous possessor of these NFTs remains shrouded in mystery, being a prominent figure within the crypto venture capital and trading sphere. Its assets experienced a dramatic downturn last year. These NFTs were seized as part of the bankruptcy proceedings that commenced in July. It has been stated by Sotheby’s that this unparalleled assortment pays homage to the distinguished artists who played a pivotal role in propelling NFTs and digital art into the cultural mainstream, showcasing their groundbreaking and conceptually innovative approaches to digitally native artistic expression.
NFTs | OpenSea | News