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🖼 Graham’s launches first NFT with 1970 and 2020 Vintage Port
The company has announced that it will release 50 limited-edition cases (2 x 75cl) of its 1970 Vintage Port and the special Graham’s 2020 Bicentenary Edition Vintage Port with an NFT. Separated by half a century, the cases containing the 1970 and 2020 Vintage Ports celebrate 50 years of Symington family stewardship of Graham’s and offer a series of unique benefits and an exclusive experience to buyers via the NFT. The unique digital asset provides the owner with a guarantee of the authenticity of the wine and entitles them to a series of benefits. A total of 44 of the limited edition cases will be sold exclusively through the Graham’s Lodge in Vila Nova de Gaia from 24 July. Three of the 44 cases sold through the Graham’s Lodge will be offered with an additional exclusive experience of a private day visit (for four people) to Graham’s principal estate in the Douro Valley – Quinta dos Malvedos. The day will include a guided tour of the vineyards and winery followed by a tutored tasting and lunch at the estate house, which is not open to the public. The price of this case with an NFT entitling the holder to both the benefits and exclusive experience is €3,000. Owners can easily access their NFT on the Club dVIN platform by tapping their phone on the anti-counterfeit NFC tags attached to each bottle.
NFTs | OpenSea | News
🔫 PNB launches its virtual branch called PNB Metaverse
State-owned Punjab National Bank (PNB) on Thursday announced the launch of a virtual branch, PNB Metaverse. It is a virtual branch of the bank, which will deliver a unique experience of banking to existing and new customers who can now explore the bank's products and services such as bank deposits, retail/MSME loans, digital products, women/senior citizens, 'Do It Yourself' and government flagship schemes, PNB said in a statement. PNB has developed the Bank's Metaverse Branch, where its esteemed customers will get exclusive access. In this new phase of the internet, which evolves from a disparate collection of sites and apps into a persistent 3D environment, where moving from work to a social platform is as simple as walking from the office to the movie theatre across the street, PNB managing director Atul Kumar Goel said. In addition, the bank will offer an immersive 3D experience to the customers while performing traditional banking activities through their digital avatars, it said. "With this technology, we are looking forward to increasing the customer engagement rate, improving customer acquisition process and providing hyper-personalized customer experience,” he added.
NFTs | OpenSea | News
📣 RewireHub Launches Metaverse Office and Prepares for Blockchain and AI Solutions
RewireHub, a digital marketing agency based in the UAE, has recently made a notable advancement by introducing a comprehensive metaverse office that is fully integrated. By adopting this advanced technology, RewireHub has positioned itself as one of the few global companies to embrace this pioneering initiative. The Metaverse office surpasses conventional workspaces by providing a revolutionary digital environment that expands the opportunities for both remote teams and clients. Muddashir Siddique, the Chief Executive Officer and Chief Marketing Officer of RewireHub, conveyed his excitement regarding the new initiative. He expressed that RewireHub has always incorporated innovation and progressive work models as a fundamental aspect of their approach. The Metaverse office exemplifies our commitment to leveraging state-of-the-art technology and transforming our understanding of space and collaboration. The Metaverse office is not only designed to facilitate daily operations and promote team collaboration, but it also functions as a highly adaptable platform for various client meetings, webinars, online events, and meetups. By leveraging this platform, users can create immersive and captivating experiences.
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⬜️ OKX Wallet is Now Integrated with NFT Trading Platform OpenGate
OKX, a leading Web3 technology company, has issued updates for July 21, 2023. OKX Wallet is thrilled to announce its integration with OpenGate, an NFT trading platform on the Filecoin network. With this integration, users can access OpenGate with just a few clicks, enabling them to buy, sell, collect and discover a range of NFTs via the OKX Wallet web extension. OKX Wallet is a universal crypto wallet available on multiple platforms and interfaces, including app, web and web extension. Earlier this week, OKX Wallet announced that it is now open source. With its source code now available to the public on Github, developers and users can verify and inspect the safety and security of OKX Wallet – as well as other core functions of the multi-chain wallet’s code – fostering greater trust and confidence within the Web3 community. OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 50 blockchains while allowing them to take custody of their own funds. The wallet Includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases
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🔫 Upland launches FIFA Women’s World Cup experience in metaverse
Upland, a metaverse app, is collaborating with FIFA to offer fans an immersive experience of the FIFA Women’s World Cup Australia & New Zealand 2023, reports on July 21 reveal. The partnership aims to engage the FIFA Women’s World Cup fan community. Supporters can have a fully immersive and unique experience of the FIFA Women’s World Cup Australia & New Zealand 2023 through the metaverse platform designed for the event. In the Upland Metaverse, the collectibles become rewards for fans’ team pride. The metaverse platform features FIFA Women’s World Cup Australia & New Zealand 2023-themed Cafes, allowing fans to collectively socialize, chat, and support their teams, celebrating women’s football. Additionally, the platform offers a collection of digital assets and highlights videos related to FIFA’s tournaments, which fans can experience in a gamified manner. This allows fans to acquire, trade, and complete different collections of digital assets, showcasing their team pride. Users can display their country and team pride on their virtual properties, wave flags in their neighborhood, and explore the vast Upland world with these collectibles.
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🖼 Melania Trump's Apollo 11 NFT Defies NASA Rules
It would appear that a Trump has run afoul of the federal government this week—but perhaps not the family member you’d expect. Former First Lady Melania Trump has potentially sparked conflict with NASA by apparently violating the federal agency’s policy on image usage in her latest NFT drop. The collectible, titled "Man on the Moon"—which released on Wednesday—prominently features the iconic 1969 photo of astronaut Buzz Aldrin partaking in the NASA-orchestrated Apollo 11 lunar landing. Per agency policy, however, usage of NASA images in connection with an NFT project. “NASA does not wish for its images to be used in connection with NFTs,” the organization’s Regulations on Merchandising Requests and Media Usage Guidelines explicitly read, further noting that the agency is "not approving any merchandising applications" tied to NFTs. Companies or individuals wishing to use NASA imagery, emblems, or identifiers on merchandise must have that usage approved by the agency; NASA states that “strict laws and regulations” govern this approval process. In this case, Trump and the USA Memorabilia NFT platform she used may not have filed a request with NASA, or may have had a request rejected, as NASA strictly prohibits NFT-related uses of its intellectual property.
NFTs | OpenSea | News
🖼 NFT of Jack Dorsey’s first tweet, originally purchased for $2.9M, is worth less than $4 in today’s market
During the peak of the non-fungible token (NFT) market in 2021, crypto entrepreneur Sina Estavi made headlines when he purchased Twitter’s co-founder Jack Dorsey’s first tweet as an NFT for $2.9 million. Two years later, the value perception of the same NFT has significantly changed with the best offer currently standing at just $3.77, according to the latest data from OpenSea. NFT since 2022, his efforts have been futile as he had listed the digital asset for $48 million. With the broader crypto market undergoing a record market downturn, the NFT sector has seen a further decline in activity and valuation since then, and bids for digital assets have drastically dropped. In fact, blue-chip NFT collections like Bored Apes and Crypto Punks have seen more than a 70% decrease in their floor price compared to their peak levels. But the offer of a philanthropic gesture did not galvanize the community towards the NFT as the bids for the asset were as low as $280, while the highest amount offered then was $6,800. This greatly discouraged Estavi, who reportedly said he might never sell the NFT.
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🖼 Moonbirds Mythics NFTs Begin Reveal That Will Last at Least 200 Days
NFT startup Proof has launched its new Ethereum profile picture (PFP) collection, Mythics, the newest evolution of its prominent Moonbirds project and the latest installment in its digital art ecosystem. Set to feature a generative series of illustrations of mythical birds—with more of a hand-drawn aesthetic compared to the pixel-based Moonbirds—Mythics arrives with what the company hails as a “new minting experience” for existing Proof NFT holders. First announced in August 2022 alongside a $50 million Series A funding round with Proof led by VC giant Andreessen Horowitz, the Mythics collection features 20,000 profile picture NFTs based on the lore surrounding Moonbirds, a collection of 10,000 owl NFTs that has generated nearly $650 million to date worth of NFT trading volume. Moonbirds NFT holders must “nest” (or stake) their bird to be eligible to receive a Mythic egg, which hatches one of the new NFTs. Meanwhile, holders of Proof’s Oddities collection—a previous spinoff tied to Moonbirds—must burn (or permanently destroy) their NFTs to be eligible to receive a Mythic. Ultimately, a total of up to 100 Mythics will be released per day via this process, over the course of at least 200 days.
NFTs | OpenSea | News
💰 Polygon Celebrates 2.0 Launch With Open Edition NFTs
The crypto space is abuzz with news of the Polygon and Suku partnership for the introduction of an exclusive Open Edition NFT in celebration of the highly anticipated Polygon 2.0 upgrade. The news has captured the attention of many users and over 20,000 Twitter users have already minted their Polygon NFT, igniting a digital frenzy. The collaboration between Polygon and Suku promises to redefine the NFT landscape, offering enthusiasts an unparalleled opportunity to become a part of this revolutionary movement. The tweet encourages followers to mint their very own Polygon Open Edition NFT with Suku. Polygon 2.0 is touted as the epitome of unlimited scalability and unified liquidity, setting the stage for a new era of digital asset ownership. For those eager to participate, the Suku Wallet serves as the gateway to minting their coveted Polygon 2.0 Open Edition NFT. The Polygon 2.0 Open Edition NFT drop holds immense significance as it is minted exclusively within Twitter. This move not only showcases the platform’s power but also serves as a heartfelt tribute to the unwavering support of the Polygon community. The market is experiencing renewed craze with the introduction of these dynamic NFTs.
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💰 Ferrari worth $2.5 million is now a Polygon NFT
Imagine you buy a sports car, like a Ferrari F40, or a lavishly expensive watch, like a $195,000 Rolex, but you aren’t ready to shoulder the responsibility of caring for either item. Altr, a company which aspires to become a hub for the buying and selling of luxury items authenticated on the Polygon blockchain with NFTs, believes it might have the answer. And with the sale of a Ferrari F40 for $2.5 million, the firm hopes to have demonstrated how such a high-priced transaction facilitated by Altr works. “All collectibles are safely stored and maintained by Altr’s Oracles in safe storage facilities until the NFT holder decides to redeem the physical collectible,” the company said in a statement. “The speed with which the car sold is a testament to the confidence that the community has in Altr and the technology on which it is built” said Davide Rovelli, who, according to the statement, is “one of Altr’s initial supporters.”. Altr, however, did not sell the Rolex to one buyer, but instead to a group of buyers. The company has introduced what it calls “fractionalized” ownership that entitles would-be collectors to a piece — essentially a share — of a luxury item. People who own a fraction of an item receive an NFT.
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🖼 AI opens doors for NFT artist Ellie Pritts at Bitforms gallery in NYC
Artificial intelligence and analog technology collaborate across the imaginative animations of noted Los Angeles-based NFT artist Ellie Pritts. This month, Los Angeles-based nonfungible token (NFT) artist Ellie Pritts is celebrating “In the Screen I am Everything,” her first solo show in New York City — and her first time taking over pioneering net art gallery Bitforms. Eight animations from the technicolor exhibition are available to mint as NFTs on Ethereum, displayed on screens alongside a few physical prints. Pritts broke onto the NFT scene in 2021 when she tried minting a few existing video artworks — and watched them take off. Her video practice had been mostly therapeutic, but suddenly the blockchain boom made her work valuable enough to fund the acquisition of new tools, which Pritts used to make more sophisticated video artwork. She’d shot concert photography before the COVID-19 pandemic and performed as a professional cellist — until 2021 also forced her to confront medical issues she’d been avoiding, like her newfound inability to hold her bow. Pritts made a New Year’s resolution to begin painting portraits in early 2021 but couldn’t use a pencil to draw preliminary sketches.
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💰 Solana beats Ethereum in 24 hour NFT sales for the first time in history
Solana ranks among the altcoins labeled as “securities” by the US Securities and Exchange Commission (SEC). The SEC’s clampdown on cryptocurrencies triggered a steep decline in SOL price and resulted in a delisting of the altcoin across crypto exchanges. The total volume of NFT sales on the Solana blockchain crossed $25.5 million, based on data from tracker Sol Bulletin. At the same time, the NFT trade volume on the Ethereum blockchain exceeded $24.5 million, lagging behind Solana by nearly a million. For the first time in the history of the two altcoin blockchains, Solana outperformed Ethereum. This is a key milestone for SOL as the asset is tackling selling pressure from the SEC’s crackdown and series of delisting across crypto exchanges and social trading platforms. DeFi data tracker DeFiLlama pegs the total volume locked (TVL) in the Ethereum blockchain at $26.7 billion, while for Solana it is a meager $265.57 million. If the NFT trade volume on the Solana blockchain continues rising, there is a likelihood of the protocol’s TVL climbing in the long term, fueling SOL price recovery. Solana price failed to catch up with the surge in the altcoin’s NFT trade volume.
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🖼 Logan Paul Hasn’t Refunded $1.8M To CryptoZoo Scam NFT Buyers After 6 Months
The publisher of the CryptoZoo NFT scam project, Logan Paul, has yet to fulfill his promise to return $1.8 million to investors over the past six months. YouTuber Logan Paul faced intense backlash six months ago for allegedly scamming his audience with an NFT gaming project called CryptoZoo, which was proposed in 2021. Paul and his crew were given ZOO tokens and sold NFT, but the game was never completed. Paul posted a video on 13 outlining his “three-step plan” right after receiving criticism to set things from YouTube investigators in January like Stephen “Coffeezilla” Findeisen became true. In Coffeezilla’s latest video, he shared a screenshot of an email communication with Paul’s attorney, Jeffrey Neiman of the law firm MNR, which seems to suggest that a specific plan has yet to be established. No refunds have yet been made to the affected investors. As alleged by Coffeezilla, Paul once promised to deposit all of their ZOO tokens into a burning wallet so that the tokens would be effectively destroyed. After that, they can only profit from their ZOO tokens. However, upon examining the official ZOO contract detailed in the token’s white paper, there is no clear evidence that Paul or Levin burned any of their ZOOs. According to BSC Scan data, no significant ZOO token burns from one or two wallet addresses have occurred since January 2023.
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🖼 Beeple Donates NSFW NFT to Castello di Rivoli, a Rarity in the Museum World
The Castello di Rivoli Museum of Contemporary Art in Turin, Italy, is now one of the few institutions to own an NFT by Beeple, the artist who helped put the digital-art format on the map with a 2021 auction at Christie’s. On Friday, the museum announced that Beeple had donated FTX BOARD MEETING, DAY #5676 11.13.2022 (2023), an image that features computer-generated versions of the embattled entrepreneur Sam Bankman-Fried graphically copulating with each other. Bankman-Fried, who was arrested last year for wire fraud and money laundering, ran FTX, a crypto hedge fund that has since declared bankruptcy. CoinDesk has reported that Bankman-Fried and his ex-girlfriend Caroline Ellison were part of a “cabal of roommates” that engaged in relationships with one another; the Beeple NFT is in part a reference to rumors that Bankman-Fried hosted orgies at the office of his currency company, Alameda Research. To underscore the NSFW quality of this NFT, the Castello di Rivoli announced the donation with a censored version of the image that blurred out most of the bacchanalia. Director Carolyn Christov-Bakargiev said this was a reference to censorship that takes place on social media, claiming that YouTube.
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🔫 Roblox wants to shed its ‘metaverse’ label
Tian Pei, Roblox’s head of sport, has been kept busy over the past few years with high-profile partnerships with Fifa, McLaren, Nascar and others. The platform helped codify many of the expectations brands have had for metaverse activations through those partnerships, but now it is looking to develop long-term partnerships rather than one-offs. While she believes those time-sensitive activations have a place, she says brands should “have a presence on Roblox, just as they do on Instagram”. WimbleWorld experience is continuing in the run-up to this year’s tennis tournament after a first showing last year. To that end, she explains that Roblox’s presence at conferences like SEG3 is in service of providing education for brands about the benefits of a long-time presence on the platform. Part of that process is about de-emphasizing the term ‘metaverse’, which carries with it some expectations, and instead reprioritizing Roblox itself as a platform in its own right. “We’re not talking about the metaverse,” she says, “we’re talking about UGC”. First and foremost is the fact that Roblox’s audience has aged up with the platform and is, therefore, older than might be expected. It has just introduced experiences and worlds that are restricted to anyone under 17.
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🖼 SQUISHMALLOWS AND VEEFRIENDS ARE BRINGING NFTS TO PLUSH
Squishmallows is making its way to Web3 thanks to a partnership with VeeFriends. Fans of digital collections will know that pop culture companies everywhere have been hopping on the NFT train, from Warner Bros. and Eluvio teaming up for a Superman collection to Funko releasing a series of House of Dragon Digital Pops. Jazwares is now joining in, partnering up with VeeFriends for four new Squishmallows, all based on NFT characters. Characters included in the new VeeFriends collection are Adventurous Astronaut, Humble Hedgehog, Intuitive Iguana, and Karma Kiwi. The characters originally appeared as NFTs designed by artist Gary Vaynerchuk. Each VeeFriends character will be featured as a 12-inch tall Squishmallows plush, retailing for $24.99. The Squishmallows brand is no stranger to licensing, with previous partnerships including Disney, Harry Potter, and Godzilla. The new VeeFriends Squishmallows are launching Aug. 7 exclusively at the Jazwares and VeeFriends online stores. Mark your calendars and get ready to collect a digital friend physically!
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⚡️ Gulf States Pioneer the Implementation of Metaverse Technology
Compared to two years ago, interest in the metaverse has been waning amongst tech giants. The virtual environment concept has not stuck as some industry leaders had hoped. According to a Wall Street Journal piece titled “The Metaverse Is Quickly Turning Into the Meh-taverse,” companies such as Disney are even eliminating or downsizing their metaverse departments. In the Middle East, however, the metaverse continues to be embraced by governments with enthusiasm. Israel has opened its first metaverse embassy in South Korea. Saudi Arabia has been engaged with companies such as The Sandbox, planning for long-term collaboration. Saudi Arabia has even opened the region’s first metaverse academy to provide training in the new technology. Scholars opine that NEOM, the planned smart city in Tabuk Province, is building “the first metaverse that actually is a metaverse.” In February 2023, global professional services firm KPMG announced that it would establish a Centre of Excellence (CoE) in Saudia Arabia with the aim of speeding up the application of the metaverse in the country as well as the wider Middle East and North Africa region. KPMG will be collaborating with a broad collection of suppliers including Microsoft, Ericsson and Metakey.
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🖼 NFT Collection Dimension X Set to Launch on August 8
NFT collection Dimension X has announced that it is to launch on Ethereum on August 8. The Ethereum-based digital cards can be used in a corresponding RPG game. Community members have the opportunity to register for a chance to mint an allowlisted NFT. The allowlist raffle for Dimension X closes on July 31 at 10am PST. The total supply for the collection has been set at 10,000 NFTs comprising 7,197 raffle mints and 2,803 reserved snapshot spots. Unclaimed reserved snapshot spots will be added to the raffle. Dimension X started as a free-to-play strategic RPG on the Flow blockchain set in a comic book universe. Within this world, a pan-dimensional explosion has created humans, aliens and monsters with terrifying superpowers. Players can use NFT heroes to fight villains and monsters, level up, and support their faction in an ever-changing world. They are tasked with preparing their super-teams and competing with other players. During the course of the game, players must compete for THUL that can be used to mint new heroes. The Dimension X team is actively developing and improving the game, adding new features that are built with the aid of feedback from the community. Interested parties can join the project’s Discord and check out their Twitter for more information and updates.
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🔫 Huawei and Alibaba top Hurun metaverse leaders list
Alibaba and Huawei topped the list, with NetEase, Tencent, and Baidu close behind in the top 5. Huawei is a key partner in several industry alliances aiming to support metaverse development through greater cooperation, most recently joining Xiaomi in signing on to one spearheaded by China Mobile. Meanwhile, Alibaba is partnering with blockchain provider Avalanche to launch Cloudverse, a launchpad for businesses to customize and maintain their own metaverse spaces on the blockchain. Among the companies listed by Hurun, which all have an enterprise value of more than 1 billion USD, 16% are state-owned enterprises and 84% are private enterprises. The vast majority (170) are publicly listed, whilst the remainder, including Huawei and ByteDance, are unlisted. Compared to last year, a greater proportion of enterprises in underlying technologies, ecological applications, and terminal industries made the list, as opposed to platform and network technology companies which were represented in greater numbers last year. At the announcement event held in Nansha in Guangzhou, Hurun representatives shared insights that emerged through their evaluation of companies’ metaverse potential.
NFTs | OpenSea | News
🔫 Hello Kitty Gets Its Own Metaverse Experience
The launch is being celebrated with an in-person event featuring Hello Kitty-themed AR experiences. This week it was revealed that Japanese icon Hello Kitty is receiving her own virtual destination inside MetaGaia, a decentralized metaverse platform featuring artificial intelligence (AI) powered companions, augmented reality (AR) games, and digital asset purchasing. fans of the fictional pop icon can immerse themselves in a variety of activities and browse Hello Kitty-themed digital items. Hello Kitty-themed digital items. Visitors can also unlock access to exclusive areas and daily login bonuses by purchasing a “Wonder Pass” for one of the Houses of Wonder. Those who mint a set of four Wonder Passes earn the title of “Wonderlord” and the ability to build their own custom space within the world. The celebrate the launch, a live pop-up event is being hosted at Citygate Outlets in Hong Kong, China. Here fans can interact with Hello Kitty-themed AR experiences powered by MetaGaia, browse Hello Kitty merchandise, and participate in various mini-games. The event runs now until August 31st. Hello Kitty Seven Wonders is open now to the public via MetaGaia.
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💰 Fair.xyz Announces Polygon Integration and NFT Mint
Fair.xyz has expanded its offering to cover Polygon (MATIC), the leading layer-2 network on Ethereum. Fair.xyz and Polygon have further collaborated to bring their community an NFT mint to mark the occasion which will be available for a limited time only. The aim of the initiative is to provide creators, artists, and businesses with an efficient NFT solution that reduces the high costs associated with Ethereum network fees. In doing so, Fair.xyz hopes to provide would-be NFT creators with a wider range of creative opportunities with lower barriers to entry. Designed for security and decentralization, the costs of using Ethereum are simply too high for everyday usage. In May 2022, Ethereum network activity drove the cost of a single transaction to nearly $200. Polygon is a blockchain platform that operates alongside the Ethereum network. Its purpose is to enhance scalability and improve the efficiency of Ethereum-based applications. Polygon achieves this by providing a framework for creating and connecting multiple sidechains, also known as Layer 2 solutions, to Ethereum. The main idea behind Polygon is to offload transactions and smart contract computations from the congested Ethereum mainnet to these sidechains. By doing so, Polygon significantly reduces the gas fees and transaction times associated with Ethereum and its ecosystem.
NFTs | OpenSea | News
⛵️ OpenSea Makes ‘Deals,’ Launches Peer-to-Peer NFT Swaps
Non-fungible token (NFT) marketplace OpenSea announced Thursday it's rolling out “Deals,” a peer-to-peer NFT swap function to help traders bolster their collections and engage with other collectors directly. OpenSea said in a tweet that Deals will allow collectors to trade NFTs among each other – as well as to include wrapped ether (WETH) to “sweeten the deal.” It added that the feature is powered by OpenSea’s native NFT protocol Seaport. OpenSea added that the product aims to make the NFT swapping trustworthy. According to the Deals webpage, users can enter the username, ENS name or wallet address of the person they want to make a deal with. They then can select up to 30 NFTs, as well as the amount of WETH they want to add to the swap, if any. Next, they select the assets they would like to offer to trade and then they can send the deal for consideration. Right now, OpenSea requires the NFTs on both sides of the deal to be on the same chain and from badged (verified) collections. A spokesperson from OpenSea told CoinDesk that Deals aims to invite more users to participate in NFT communities by simplifying the swapping process. By leveraging Seaport, collectors can swap NFTs on OpenSea without being subject to risks that might occur off-platform.
NFTs | OpenSea | News
🖼 Floor App Reveals Ethereum NFT Art Drops Exclusively on iOS and Android
Floor, which lets users track their NFT holdings, is about to try something pretty novel: sell exclusive NFT artwork solely through its iOS and Android apps. On Wednesday, July 26, Floor will debut the first of 10 planned NFT drops in Icons: Series One with a new work by Vinnie Hager, an artist known for his doodle-centric art style showcased in Letters, a 2021 NFT project that has generated $10 million worth of trading to date. Hager’s new Icons piece, titled “Ground Level Garden” will sell for $29.99 via the app using typical mobile payment methods, and it will be an open edition drop—so there’s no limit on how many can be minted during the set timeframe. After purchase, the Ethereum NFT will be airdropped to the user’s specified wallet, so buyers won’t need to pay for network gas fees. Floor co-founder and CEO Chris Maddern wouldn’t reveal the additional artists lined up for the ten successive weekly art drops, but said that they all have a “pretty strong following in Web3 today.” Each will be priced between $19.99 and $49.99. It’s not yet confirmed whether all will be open edition drops.
NFTs | OpenSea | News
🖼 Gauging Blur NFT marketplace’s appeal as it challenges OpenSea’s dominance
The Blur NFT marketplace has been around for less than a year but it has already secured a substantial share of the NFT market. A bit of background data would be ideal before we look into whether Blur [BLUR] NFT marketplace has what it takes to be king of the NFT segment. Blur is based on the Ethereum [ETH] blockchain and has been operational since October 2022. It is one of the fastest-rising marketplaces in the NFT segment and that is not surprising. The fact that Blur operates on the Ethereum blockchain means it has access to a lot of liquidity. However, this is not the main reason for its rapid growth. The main reason is perhaps the fact that the Blur NFT marketplace does not charge any trading fees. In addition, NFT sellers on the marketplace can earn royalties. How does Blur stack up against the OpenSea NFT marketplace? The Blur NFT marketplace has been performing surprisingly well and this is partly because it has been capitalizing on OpenSea’s blunders. The latter includes halting creator royalties, a move that encouraged traffic to shift from OpenSea to Blur. To put Blur’s win over OpenSea into perspective, the former dominated 65% NFT market.
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🖼 'Galaxy Commanders' NFT Space Battler Coming to Immutable zkEVM
Galaxy Commanders, a player-versus-player (PvP) space shooter developed by a new team of video game industry veterans, has been announced for release on Ethereum scaling network Immutable zkEVM. Developed by MagmaByte, a startup including former Electronic Arts (EA), NCSoft, and Nexon developers, Galaxy Commanders will task players with leading fast-paced space battles and cooperative planetary conquests using a variety of different strategies. At a glance, it looks akin to EVE Online or Star Citizen—but with an NFT twist. During these space fights, gamers can collect unique battleships that will help them build their own customized fleet. Each battleship will come with its own unique visuals, specifications and upgradeable skills, while further upgrades will be available via a range of NFTs and Galaxy Commanders' in-game currency, Dimensium. MagmaByte has teamed up with game publisher Immutable to launch the game on the upcoming Immutable zkEVM—a next-generation Ethereum layer-2 scaling network purpose-built for games to enable cheaper, faster transactions. Galaxy Commanders will be playable on PC and mobile devices, and will also make use of Immutable’s Passport wallet—a simplified, non-custodial wallet designed for gamers that integrates fiat currency.
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🔫 Oldest Golf Tournament ‘The Open’ is Coming to The Metaverse
The metaverse has attracted big players in the game in the past. A recent partnership between R&A, a group of golf-focused companies, and Golf 5, a virtual reality focused company, is bringing the oldest tournament in the game, The Open, to the metaverse. According to the announcement, R&A wants to attract new audiences via advanced technologies. The metaverse golf tournament is dubbed ‘The VR Open.’ Winner of the virtual reality event will receive a ticket to The 152nd Open. The R&A CCO, Neil Armit, said, “We have created The VR Open so that fans can engage with the Championship like never before using technology and the Metaverse.” Golf 5 President, Antonio Marine, stated, “We are thrilled to partner with The R&A to bring an immersive and authentic golf experience to life through virtual reality. Our goal is, and always will be, to grow the game we all love globally.” Tournament’s finale will take place between July 15 and August 19, 2023. The experience will allow qualified players as Green Badge Players while non-qualified players can play as Red Badge Players. Additionally, qualifiers are eligible for a vanity card unlocking access to The Virtual Open Zone at Hoylake, England,
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🏦 Coinbase NFTs Launches New Creator Hub
Coinbase NFT, the NFT marketplace arm of popular cryptocurrency exchange Coinbase, has launched a new “Creator Hub” that aims to provide a full set of tools for NFT creators. The new platform allows creators to launch and market their NFT collections and offers a range of features to help them build and grow their audience. Creator Hub is a one-stop-shop for NFT creators providing a comprehensive suite of tools and resources to help them launch, promote and manage their NFT collections. The platform offers a simple three-step process to launch an NFT collection, making it easy for creators to get started. The first step is to create an NFT collection, then add assets to the collection, and finally, publish the collection to the marketplace. Coinbase NFT Creator Hub is a significant update to its platform, and it is the first time in a while that the company has released such an update. The move is seen as an attempt by the company to keep pace with the growing demand for NFTs and stay ahead of the competition in the NFT market. The launch of Creator Hub has been welcomed by the NFT community, with many users praising the company for its efforts to support creators.
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🖼 Vodafone confirms rumors of Cardano NFT plans
Vodafone Germany, a major telecom company, announced plans to launch a series of Cardano-based non-fungible tokens on June 28. The representative stated that Vodafone’s plans are still in the early stages. He said that the company has not decided what utility and benefits the tokens will carry but noted that the first 1,000 members of the Discord community will receive rewards. The representative said that Vodafone Germany chose the Cardano (ADA) blockchain due to its “community, sustainability, [and] cross-chain possibilities.” The representative warned the public not to click on any airdrop links, which implies that any tokens that appear to be related to the project are fraudulent. He also suggested that the project is limited to Vodafone Germany at present but noted that the company is exploring ways to include international community members. The representative added that there will be no “whitelist” that restricts access. Rumors around Vodafone’s plans emerged earlier on June 27, when the company’s Twitter account linked to its Discord server in anticipation of its announcement. Vodafone is the world’s ninth-largest telecom company. The company brought in $52.2 billion of revenue in 2020, according to its annual report from that year.
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🖼 Unique Network Launches Revamped NFT Marketplace Offering Increased Utility to Creators
Unique Network, an established parachain in the Polkadot Network, has launched its advanced NFT marketplace: Unique NFT Marketplace. The decentralised NFT marketplace was developed to support self-custody, permissionless, and curated content while offering next-generation NFT utility tools to creators. The marketplace provides an immersive experience by enabling users to trade NFTs on Unique Network and Quartz Network seamlessly. This is the next step in the NFT movement where a marketplace allows creators to add their own utility. The Unique NFT marketplace offers advanced NFT integrations, NFT customisation, and creator royalties. Anyone can create interconnected tokens of collections, while nesting functions deliver parent-child relationships between NFTs, ideal for games. Creators can personalise tokens using customizable NFTs opening doors to unique collections, customizable in-game items and immersive digital fashion experiences. Alex Mitrovitch, founder and CEO of Unique, also stresses the robust royalty system. "We believe it is important to support creator income across their NFT lifecycle in a fair and transparent process, regardless of where the NFTs reside."
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📣 Melania Trump launches ‘1776’ NFT collection ahead of July Fourth to benefit foster kids
Former first lady Melania Trump is launching a new collection of non-fungible tokens (NFTs) to celebrate Independence Day inspired by U.S. landmarks. The NFTs include the Statue of Liberty, Mount Rushmore and the Liberty Bell. Each piece includes "a patriotic-themed music track." According to the former first lady’s office, each collectible represents an aspect of Americana and was designed to acknowledge the "foundations of American ideals." An NFT is permanently and immutably minted onto a blockchain. In this instance, Trump uses an "eco-friendly proof-of-stake blockchain protocol" named "Solana." "The 1776 Collection of artwork draws inspiration from several iconic landmarks of our nation, which I had the privilege of visiting during the time I served as first lady," Trump told Fox News Digital. "Each piece provides a view into our nation’s history, culture and patriotism. The 1776 Collection will be available for purchase beginning June 29 through USA Memorabilia. Each item costs $50. A portion of proceeds will go toward Fostering the Future, a Be Best initiative that helps to secure educational opportunities and scholarships for children in the foster care community.
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