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🔵 OpenSea Surrenders NFT Royalty Enforcement Following Overtake From Blur.io
NFT marketplace OpenSea has set a new course for its royalty enforcement strategy. As of August 31, OpenSea will retire its Operator Filter, a tool designed to enforce royalties, and transition towards optional royalties for all secondary sales involving new collections. Launched in November 2022, the Operator Filter was envisioned as a mechanism to empower creators by requiring sales only through web3 marketplaces committed to enforcing artist fees. The move aimed to support artists' sustainable income streams. However, the decision to bid farewell to enforced creator royalties highlights the challenges of forging consensus within the crypto community. Once heralded as a viable application for NFTs, creator royalties have now come under scrutiny, especially following the experiment by X2Y2 in February 2022, which involved slashing creator royalty fees to 0%. NFT royalties recently hit a two-year low by July 5, possibly reflecting a broader shift in the community's priorities. The competitive landscape has also evolved, with platforms like Blur surging ahead in trading volume, compelling OpenSea to reevaluate its strategies. OpenSea had initially taken a firm stance, championing creator royalty enforcement and introducing fees of up to 10%.
NFTs | OpenSea | News
🔫 InterWorld to Unveil AI-Powered 3D Metaverse's First-Ever Virtual Office Spaces
Leading the forefront of digital innovation, InterWorld is excited to announce the imminent launch of its cutting-edge virtual office buildings and spaces, set within its state-of-the-art AI-powered 3D metaverse. This monumental launch promises to redefine how businesses and teams collaborate, connect, and cultivate creativity in the digital age. These unique spaces blend the benefits of physical interaction with the boundless possibilities of digital design, providing a seamless bridge between reality and the digital realm. InterWorld's AI-backed infrastructure ensures an experience like no other. From intuitive room customizations, real-time data analytics, to intelligent avatar assistants ready to cater to your professional needs — every corner of the virtual office is infused with our state-of-the-art AI technology, ensuring efficient and fluid interactions. Established in 2023, InterWorld is a trailblazer in AI-powered metaverse platforms. With an emphasis on innovation, InterWorld is committed to bridging the gap between reality and the digital frontier, creating experiences that resonate and revolutionize. Leveraging the latest encryption and security protocols, businesses can have peace of mind, knowing their data and conversations remain confidential.
NFTs | OpenSea | News
🔫 7-Eleven Debuts in Metaverse with Fortnite Game
7-Eleven parking lots have long been meetup places for teenagers in cars to socialize. The convenience store chain is taking this cultural reference to the metaverse with a new scavenger hunt in Fortnite. The retailer will share clues on the 7-Eleven Instagram page that players can then use in Fortnite to find the 7-Eleven virtual car meet up. Consumers will have to find three cars – each of which offers a clue– across three Fortnite maps to solve the mystery. When a player finds all three cars, they will unlock a map to “the ultimate virtual car meet up" called “There Car" Island. Once they arrive on the island, players can go inside the 7-Eleven store and gas station to find easter eggs and take photos with 7-Eleven-branded cars. 7-Eleven is encouraging players to share their photos from the designated spot on Instagram and X with the #7ElevenSweepstakes and #ThereCar hashtags. By doing so, players can win prizes including a gaming chair, a gamertag statue on the island, $500 in credits on 7NOW Delivery, and weekly fuel discounts at 7-Eleven or Speedway gas stations.
NFTs | OpenSea | News
💰 Polygon 30-Day NFT Sales Overtakes Solana for the First Time
Polygon 30-Day NFT sales surpass that of Solana. Furthermore, the blockchain is also second in daily and weekly sales. The Polygon Labs Chairman said the blockchain made over 3 million NFT transactions in the same period. Polygon 30-Day NFT sales show the ecosystem is growing steadily. Recently, one of the biggest NFT projects in their ecosystem, Yoots, said they would leave for the Ethereum network. Despite this, the Polygon blockchain is still a beehive of NFT activity. According to data from CryptoSlam, the Polygon blockchain made massive improvements despite the bad news. With Yoots leaving their ecosystem, many expected the blockchain to cave in and become desolated. But many other NFT collections in Polygon are standing up to the occasion. Apparently, a look at the data shows that Polygon did something massive for a blockchain of its caliber. At the time of writing, Polygon topped Solana in the daily blockchain NFT sales ranking. In the daily charts, polygon sold by more than $1.662 million. Furthermore, this means an increase of more than 16% in the past 24 hours. On the other hand, Solana only sold $1.634 million in the past 24 hours. However, there’s a bigger increase of more than 29% in 24 hours.
NFTs | OpenSea | News
🖼 Flamingo.trade revolutionizes the art market with their innovative digital NFTs
Flamingo.trade, a leading platform in the art market, is making waves with their groundbreaking approach to art investment. By combining digital non-fungible tokens (NFTs) with physical art, Flamingo.trade is providing art collectors and traders a safe and sound option to invest in art. Traditionally, art collectors and traders have faced several challenges, including concerns around authenticity, provenance, and security. Digital NFTs, or non-fungible tokens, have gained significant popularity in recent years. These unique digital assets allow ownership and provenance of digital objects, such as artwork, to be securely recorded on the blockchain. Flamingo.trade takes this concept further by bridging the digital and physical art worlds. Through their platform, investors can purchase digital NFTs that represent ownership of physical art pieces. This innovative approach not only allows art collectors to diversify their portfolios but also opens up new opportunities for artists and investors alike. The fusion of digital NFTs with physical art offers several advantages for art collectors and traders.
NFTs | OpenSea | News
🖼 Coca-Cola Releases “Masterpiece” NFT Collection on Layer-2 Base
Coca-Cola has unveiled its "Masterpiece" NFT collection, displaying a fusion of traditional and modern artwork on Base, Coinbase's Ethereum Layer 2 network. This launch is a part of Coinbase's "Onchain Summer" campaign, which celebrates numerous on-chain art, gaming and music projects launched on Base. The NFT collection features renowned masterpieces such as "The Scream" and "Girl with a Pearl Earring," combined with modern works by artists like Aket and Vikram Kushwah, all integrated with the iconic Coca-Cola bottle. Eight different versions of these NFTs are offered, with prices ranging from 0.0011 ETH to 0.014 ETH. Some of them are being sold on OpenSea for less than the mint price even though they are being minted using the mint.fun platform. Over 50,000 NFTs were minted, which came to an end on Wednesday. Coca-Cola's venture into NFTs isn't new, the company previously auctioned unique NFTs in 2021, raising over $575,000 for charity. The "Onchain Summer" campaign will last till August 30, featuring a number of projects from partners, including Coca-Cola, Manifold, Optimism, OpenSea and more. With over 100,000 daily active users, Base has garnered significant interest lately and joined Optimism and Arbitrum as prominent players in the Ethereum scaling space.
NFTs | OpenSea | News
🖼 Dino the Diamond to Debut as the First of Three NFT Series from the Diamond City
SOCH business mentors LLP is a company in India that helps family businesses. The latest news is that they have a new project called Dino the Diamond (DTD). This exciting venture is part of a three-series NFT collection that aims to change this industry. This project aims to create a presence in the blockchain for real diamond manufacturers to bring their products to Web3. This new NFT series will begin with the character Dino, crafted from the imagination of this young girl. The young daughter of the project’s founder has a strong passion for storytelling. This particular talent led to the creation of Dino the Diamond. This ideology served as the foundation for the entire Dino The Diamond series. The story centers around Dino the Diamond, a character created by the founder’s daughter. This project exemplifies how one innocent idea can lead to something bigger and more meaningful. The idea behind this project is based on this story and the unique environment of Surat’s diamond industry. Surat, also known as “Diamond City,” is the right place for Dino The Diamond to take place. This particular talent led to the creation of Dino the Diamond.
NFTs | OpenSea | News
🖼 Reddit NFT Sale Crosses $40M
A significant milestone has been achieved at the intersection of Reddit’s online community and the world of cryptocurrency, as non-fungible tokens (NFTs) on the Polygon blockchain showcase remarkable growth. Real-time data gathered by Dune Analytics reveals that the cumulative sales of Reddit NFTs have increased, reaching a record high of $40,554,135. Similarly, the volume of Collectible Avatars has surpassed a remarkable 20.3 million, as recorded within the past 24 hours. Notably, the Dune Analytics dashboard spotlighted more intriguing insights into the Reddit NFT landscape. According to the report, the Gen 4 collections have amassed an aggregate primary sales volume of $856,190, with a robust holder count of 12,854. Interestingly, the Gen 4 NFTs have witnessed over 200 sales within the past 24 hours, collectively valued at more than $6,200. Meanwhile, the Gen 3 collections’ cumulative sales have surpassed $3 million, with a substantial holder count of 41,684. These compelling statistics have not escaped the attention of Sandeep Nailwal, the founder of the Polygon blockchain. Nailwal recently utilized the X platform (formerly known as Twitter) to draw attention to the burgeoning ecosystem.
NFTs | OpenSea | News
🖼 Creator-Friendly NFT Marketplace o-mee Launches on GemPad
The NFT industry became very popular in 2020, generating billions of dollars in sales for artists and creators. Despite the 2022 crypto winter, NFTs still generated nearly $24.7 billion in sales. The continued growth of the NFT sector has helped creators incorporate digital art, making it a lucrative venture for artists and collectors alike. Today, NFTs have made it possible for just about anyone to own or collect a work of art. This is expected to have a positive outlook regarding the adoption and growth of the art NFT space. The sceptical culture of NFTs seen as ‘just a JPEG’ still isolates a pool of creatives from Web3 possibilities. Artists are often trapped into sharing work for likes and shares or dealing with complicated artwork-selling platforms that take visitors away. O-mee was set up to solve this problem, to offer a space that allows artists to build communities and sell their work from one space. It is designed to bridge the gap between the older legacy internet services like Twitter and Instagram and the newer advanced frameworks made possible by blockchain technology. O-mee is building a place that empowers artists and creatives, giving them the tools they need to gain social and financial value from their work. This is not another utility or tokenomics experiment, this is a new way of approaching the market.
NFTs | OpenSea | News
⬜️ OKX Wallet Now Integrated with Play-to-Earn Game Matr1x, Launches Battle Pass NFT Giveaway
OKX, a leading Web3 technology company, has issued updates for August 14, 2023. OKX Wallet is now integrated with Matr1x, a play-to-earn Web3 mobile shooting game powered by Polygon. With this integration, OKX Wallet users can access Matr1x Fire, a multi-player shooting battle game with a cyperpunk setting, via web extension. By participating in shooting battles, Matr1x Fire players have the chance to win NFTs, PFPs and other digital assets, as well as create their own NFTs. OKX Wallet users can also access Matr1x Fire via OKX Wallet's Discover portal. The portal, which can be accessed via the Discover section on OKX Wallet on web and mobile, gathers over 10,000 dApps, DEXs, blockchain games, NFTs and supplementary tools. In addition, OKX Wallet users can also buy, sell and list Matr1x NFTs and PFPs via the OKX NFT Marketplace. To celebrate, OKX Wallet has launched a giveaway, giving users the chance to win one of the 15 advanced 'Battle Passes,' which are needed to access the Alpha testing phase of Matr1x Fire's upcoming 'Mission Frontier.' Each Battle Pass NFT is valued at 200 USDT. More information on the giveaway and upcoming mission can be found here.
NFTs | OpenSea | News
🖼 Coca-Cola Released A New Series Of NFTs On The Layer 2 Base
In Layer 2 Base’s Onchain Summer Program, a prominent appearance will be the Coca-Cola “Masterpiece” NFT set, with a mint expiration date of August 16 and a price from 0.001 – 0.014 ETH/NFT. The Onchain Summer program, which celebrates the launch of the Base mainnet, is a series of Web3 events related to art, games, and music. Between now and the end of August, more than 50 brands, including Coca-Cola, Friends With Benefits – a social decentralized autonomous organization (DAO), and NFT creation platform Zora, will hold the launch NFT on the Base network. In a year where NFT trading volume has fallen almost 50% since January, Web3 projects are struggling to scale. Jesse Pollak, Protocols Lead at Coinbase, told CoinDesk that Onchain Summer aims to showcase how NFTs can be leveraged as a technology rather than just a speculative asset. Since the announcement was made, Base has received quite a bit of public attention. Typically, the total locked value (TVL) of this layer2 exceeded $118 million, ranking 19th in the rankings. Currently, there are over 100 dApps on Base, some of which are created by developers who received early access last month. Coinbase is encouraging users to connect their ether to Base for free minting of NFT to celebrate the launch of the Base mainnet.
NFTs | OpenSea | News
💰 Polygon NFT Market Sees Millions In 30-Day Volume, TON Collections On a Rise And Reddit NFTs Reach 2 Major Milestones
Polygon NFT market seems over $13M in 30-day volume, TON collections are experiencing a rise in interest, and Reddit NFTs see 2 major milestones Despite of y00ts leaving Polygon‘s ecosystem, the Polygon NFT market saw over $13.2M in 30-day volume. Peaked on August 9, with over $830K in a single day’s volume. The top 3 TON-Based NFT collections saw over $2.1M in 7 day volume, Telegram Usernames, Anonymous Telegram Numbers, and TON DNS Domains. Anonymous Telegram Numbers was the biggest collection in terms of volume, with $1.1M in volume, while the biggest one in terms of the number of sales was Telegram Usernames, seeing 3.7K in 7-day sales. Last year, Telegram’s founder ,Pavel Durov, said Telegram is thinking about integrating web3 with username auctions seen as a potential vertical. There are now over 16M holders of the Reddit Collectible Avatars, holding a total of 20 million Avatars on the Polygon blockchain, 14% of holders hold more than 1 Collectible Avatar, while 13.7M hold a single one. WETH vs Matic: Over 59% of the NFT trading on Polygon-based marketplaces is performed via WETH. $7.5M in 30-day was traded in WETH on Polygon-based marketplaces, while $5M was traded in Matic.
NFTs | OpenSea | News
🔫 The MET Embraces the Metaverse with Roblox to Engage Young Visitors
The Metropolitan Museum of Art (The Met) in New York has partnered with the popular gaming platform, Roblox, in order to offer a virtual experience for its younger audience. As part of this collaboration, Roblox users can now obtain digital versions of famous artworks and artifacts for their avatars, including Van Gogh's iconic straw hat. These digital wearables, along with other items like suits of armor and Egyptian masks, are available through the augmented reality quest-based app called Replica. Developed in partnership with Verizon, Replica takes visitors on an interactive tour of The Met, guiding them to 37 selected physical artworks spread throughout the museum. Through the app, users can scan the artworks, which unlocks digital wearables that can be imported into their Roblox inventories. "With Replica, we were able to use technology to reach kids and young art lovers in a space they're already engaged with," Ken Weine, Senior Vice President of External Affairs at The Met, said in a recent interview. They have the opportunity to curate exhibitions by pairing the acquired digital wearables and taking photos of their avatars against historical backdrops.
NFTs | OpenSea | News
🖼 Bored Ape Yacht Club collectors sue Sotheby’s over NFTs auction
Sotheby’s was named as a defendant in a class action lawsuit filed in California last week alongside Yuga Labs, the creators of the Bored Ape Yacht Club NFTs. In the lawsuit, a group of investors claim they were misled about the NFTs, which feature colourful illustrated apes produced by an algorithm and peaked in value in late 2021. In September of that year, Sotheby’s sold 101 Bored Ape Yacht Club NFTs in an online auction for $24m against a $12m to $18m pre-sale estimate. The lawsuit claims Sotheby’s played a part to “deceptively promote the artificially inflated” value of the NFTs. Sotheby’s endorsement of the NFTs helped Yuga Labs gain a sense of legitimacy among traditional collectors, according to the lawsuit, while attracting a younger audience. After the sale Max Moore, Sotheby’s head of contemporary art auctions, allegedly said the NFTs had been purchased by a traditional collector, though the complaint filing claims the images were purchased by FTX, the cryptocurrency exchange that has since crumbled. Stars like Paris Hilton, Justin Bieber, Jimmy Fallon, Madonna and even Mike “Beeple'' Winkelmann, the digital artist behind the most valuable NFT ever sold at auction, were also named as defendants in the lawsuit.
NFTs | OpenSea | News
🖼 'Krapopolis' To Premiere In September with NFTs
Fox Network’s Animation Domination will expand its lineup with an animated series called Krapopolis, set to debut on September 24, that features a Web3 component that gives fans of the show a chance to connect and participate in the story. For the show’s blockchain component, Fox’s Web3 media company, Blockchain Creative Labs (BCL), launched an NFT collection of 10,420 digital “Krap Chickens.” The still-minting collection officially launched following an announcement at Comic-Con 2022. So far, collectors have minted 3,696 Krap Chickens. The ongoing NFT bear market has certainly taken its toll on the project The floor price of the collection sits at 0.09 ETH – half the public sale price. This means new buyers have no incentive to mint since they can save money by purchasing on secondary markets. “The TV experience has always been this: sit back, relax, watch the show,” Matthew Bilfield, Senior Director of Product Strategy at BCL, told The Defiant. “When the blockchain Web3 elements started emerging, it came up as an opportunity to maybe create a two-way dialogue with fans,” he added. Co-created by Rick and Morty creator Dan Harmon, the show that has everyone saying “Krap” in the promotional run-up to its premiere episode is already greenlit for three seasons on Fox primetime.
NFTs | OpenSea | News
🔵 Opensea investor Mark Cuban says NFT marketplace removing royalties is a 'huge mistake'
Billionaire investor Mark Cuban criticized OpenSea's decision to make creator fees optional. "Not collecting and paying royalties on NFT sales is a HUGE mistake by OpenSea," Cuban wrote on social media. "It diminished trust in the platform and hurts the industry. And I say this as an OpenSea investor." As a response to someone in favor of removing NFT royalties, Cuban said "the buyer knows what the royalties are before they buy it. The creator can set the royalty to zero. They are part of the smart contract that mints the NFT. OpenSea announced yesterday that it would disable its royalty enforcement tool, OpenSea Operator Filter, and make creator fees optional for new collections starting after Aug. 31. The platform said it was making the change to do away with the "ineffective, unilateral enforcement" of NFT royalties — without removing them completely. "The optional royalty approach kills future applications that go far beyond collectibles," Cuban added. "Which is where the most money will be." As a response to someone in favor of removing NFT royalties, Cuban said "the buyer knows what the royalties are before they buy it. The creator can set the royalty to zero. They are part of the smart contract that mints the NFT. It's not smart. It's desperation."
NFTs | OpenSea | News
🖼 Coinbase Releases NFT Collectible of Pixelmon Character Kevin
Crypto exchange Coinbase has brought back the much-memed Pixelmon video game character “Kevin” as an NFT collectible in summer attire—both to celebrate the launch of its new Base network and also to provide various benefits to holders. Minting the collectible—which costs $2 or just under $2 worth of Ethereum (0.001 ETH)—on Ethereum scaling network Base gives buyers entry into a raffle for an in-game NFT egg, “perks” for a planned mini-game on Base, and the ability to purchase a physical Kevin building block set as a part of Coinbase’s “Onchain Summer” initiative. Pixelmon is an NFT-based game inspired by Nintendo’s popular Pokémon series, but with creatures that users can purchase as Ethereum NFTs. The creatures sold for 3 ETH apiece during the February 2022 mint—a staggering $8,100 at the time—and ultimately yielded a $70 million haul for the developers. But the creatures that traders purchased sight unseen were widely mocked after the team finally revealed the artwork soon afterwards. Critics on social media memed the NFTs into oblivion last year, called the project a scam, and widely panned the characters which had been sourced from Unity stock models. Noted pseudonymous on-chain investigator ZachXBT called Pixelmon a rug pull and urged buyers to “stop supporting cash grab NFT projects.”
NFTs | OpenSea | News
🖼 Gucci Bestows ‘KodaPendant’ Glamour on NFT Holders Worldwide
Yuga Labs has joined forces with luxury brand Gucci to distribute physical pendants to owners of the coveted NFT “KodaPendant. “ The partnership, announced in April of this year, has taken a tangible form as several fortunate NFT holders have confirmed the receipt of their unique pendants. The collaboration between Yuga Labs and Gucci has captured the attention of both the cryptocurrency and fashion worlds, signaling a new era of convergence between digital assets and luxury items. The “KodaPendant” NFT series was unveiled earlier this year, comprising a limited edition of 3333 pieces, each intricately designed and corresponding to a physical necklace. With the NFT market continuing to expand, the fusion of these two industries has been a tantalizing prospect for collectors and enthusiasts alike. Gucci’s decision to venture into the NFT realm reflects a growing trend among luxury brands to embrace digital innovation and virtual experiences. This collaboration not only allows NFT owners to possess a digital token of high value but also bridges the gap between the digital and physical worlds by providing them with a tangible, wearable counterpart.
NFTs | OpenSea | News
🖼 Grimace PFPs: McDonald’s Offers Free Exclusive Grimace NFTs
McDonald’s has given us a beautiful gift for Grimace lovers – NFTs! Following the buzz around Grimace Shakes that set TikTok abuzz, the fast-food giant is launching a giveaway of limited-edition NFT profile pictures (PFPs) featuring the lovable purple monster. However, there is a catch – these NFTs cannot be traded once minted. Plus, this innovative move is set to take place exclusively in Singapore. McDonald’s releases limited-edition Grimace PFPs. The NFTs are only available in Singapore. Starting from August 21, McDonald’s regional arm will offer a total of 2,000 unique NFT collectibles. Each of these portrays Grimace with different expressions and accessories. Therefore, each NFT is a one-of-a-kind item. The NFTs are completely free to claim, but they will only be accessible through the McDonald’s mobile app in Singapore. To mint the NFTs, you must connect your wallet to the Ethereum mainnet. Additionally, the NFTs are “soulbound” tokens, meaning that you cannot transfer them. As a result, secondary sales are not possible, ensuring that these NFTs remain as cherished mementos for McDonald’s customers.
NFTs | OpenSea | News
🔫 Sichuan Province of China Targets Metaverse Industry Expansion to Reach $34.4 Billion by 2025
Sichuan, a southwestern Chinese province, once recognized as a thriving crypto mining hub prior to the national ban on mining, is now looking to expand the metaverse industry. Sichuan, a southwestern Chinese province, once recognized as a thriving crypto mining hub prior to the national ban on mining, is now looking to expand the metaverse industry. Sichuan’s government unveiled an ambitious draft action plan with an aim to cultivate the nascent metaverse industry into a colossal market worth 250 billion yuan ($34.4 billion) by the year 2025. The provincial government unveiled a blueprint yesterday outlining a multifaceted strategy aimed at developing the the metaverse landscape. Additionally, the government intends to foster the growth of a minimum of 15 premier metaverse firms, bolstered by strategic initiatives to refine the region's blockchain infrastructure. As part of its meticulous approach, Sichuan's authorities are dedicating substantial effort towards reinforcing privacy safeguards and developing cross-chain control mechanisms. As per the announcement, the government will focus on regulating surrounding personal data protection, internet security, and data integrity within the metaverse realm.
NFTs | OpenSea | News
💰 Changing Fundraising with Polkadot: TeddyDaoNFT’s Web3 Charity NFT Initiative
Last month, Lucky Friday Labs, a Web3 software developer, introduced an innovative philanthropic initiative named the Teddy DAO Foundation. This initiative revolves around an on-chain NFT collection named Teddy DAO, developed in collaboration with the renowned online fundraising platform JustGiving and MoonbeamNetwork, which employs Polkadot’s proof-of-stake consensus mechanism. Since its inception, it has successfully garnered more than $8,000. It positions itself as a “socially beneficial NFT project” dedicated to creating a positive impact. Teddy DAO conducts auctions for its unique NFTs featuring teddy bears every day. These NFTs, crafted by digital artist Yumi and established on the cross-chain smart contract platform Moonbeam, will be up for bidding. Those who win the auctions can direct the funds generated to any of the 400 charitable organizations endorsed by JustGiving. Users can endorse various charitable organizations, including Cancer Research UK, Alzheimer’s Society, British Red Cross Society, and ActionAid.
NFTs | OpenSea | News
🖼 Landmark DDP looks to future with planned NFT release
The iconic spaceship-like landmark Dongdaemun Design Plaza (DDP) in Jung District, central Seoul, is covered with 45,133 silver panels. In the near future, Seoul Design Foundation plans to add value to that number when it issues 45,133 nonfungible tokens (NFTs) — one for each panel — and provides token owners with a variety of benefits. It's one of the foundation's latest projects to integrate the latest digital trends into major public spaces. The project is still in its early stages, and little has been decided, including the platform on which the NFTs will be sold. “To The Future” is an exhibition at the DDP’s NFT Gallery on the third floor of the Design Hall, in which each of the NFTs tells a story about Web 3.0, video art, global warming or personal media. The blank square in the name represents the “potential of what the future holds,” the foundation said. In Wang’s “P.P (Possessory Public),” the artist imagined all 45,133 panels as separate television screens with different photographs of the DDP on them. Kim00’s “Flying through Time” took a more futuristic approach and devised a dystopian space version of the DDP. Some referenced the DDP building in their NFTs, like Wang Da-yeon, Kim00 (pronounced "Kim-ddaeng-ddaeng") and Mo Jun-seok.
NFTs | OpenSea | News
🖼 Parallel: Revolutionizing Trading Card Games with NFTs
Delving into Parallel’s narrative, it transports players into a dystopian future where humanity, in its quest for technological mastery, pushes the boundaries and ends up devastating Earth. Consequently, humans scatter across space, splitting into five distinct factions. Each deck you own provides you with 40 NFT cards, encompassing all you require to dive into the game. The deck components are diverse, including one-time spells (effects), creatures (units), unit boosters (upgrades), and more sustained impacts (relics). There are four primary gameplay modes: Rookie, AI, Unranked, and Ranked. Among these, the Ranked mode stands out, not only because of its competitive nature but also as it offers the exclusive chance to earn $PRIME. The more NFT cards you possess in your deck during a ranked match, the better your $PRIME earning potential. Setting aside the NFT and crypto elements, Parallel emerges as a genuinely engaging and fun game. This isn’t merely a crypto-enhanced game—it’s a quality gaming experience on par with leading titles. With sleek menus, immersive sounds, and fluid animations, Parallel offers an experience that can rival top-notch games in the card genre.
NFTs | OpenSea | News
🖼 NFT-Based Merch Store HODL Introduces “First Edition” NFT Collection, Merging Fashion, Crypto and Investment Mottos
HODL, the cutting-edge online merch store, is set to revolutionize the intersection of NFTs and fashion with the launch of its inaugural HODL First Edition NFT Collection. This visionary collection offers a seamless blend of original artwork and fashion, granting enthusiasts access to a new realm of digital assets and exclusive perks. Designed to resonate with both crypto connoisseurs and fashion aficionados, the HODL First Edition NFT Collection allows customers to effortlessly acquire these uniquely crafted digital tokens. All that they need to do is buy their favorite merchandise (there are some cool beach bags, iPhone cases, T-shirts and more) for €129 / $129 or more. Buyers will then automatically receive a free NFT that they just need to mint, and which will open the door to a world of benefits, including special discounts, exclusive perks and an access to future collections. Alternatively, they can also opt for just purchasing the NFT alone for this price. HODL First Edition NFT lies a fusion of artistic expression and crypto ethos. With poignant messages embedded within the design—such as "Not your keys, not your coins," DYOR ("Do Your Own Research"), SAFU ("Secure Asset Fund for Users"), and WAGMI ("We Are Going Moon, Indeed")—the collection captures the essence of the crypto community. Beyond its artistic value, the HODL Design symbolizes unity, commitment, and enthusiasm within the crypto universe.
NFTs | OpenSea | News
🖼 Webility launches 'Monthly Subscription MINI NFT' Burn service
Blockchain mobility sharing economy service, Webility, recently announced on the 14th that it will launch a MINI NFT burning service for users through its official channel. As a result, users can enjoy the benefit of receiving an unlimited monthly pass for Xing Xing Mobility, a shared kickboard service in Korea, by burning the Webility MINI NFT. Webility will launch the monthly subscription MINI NFT burning service event for users from August 9th. The process of conducting the event is to transfer the monthly subscription MINI NFT sent to the Burrito Wallet by Webility to the participant's personal metamask wallet, and then to apply for exchange through the Webility NFT burning site. Event winners can access the Xing Xing app and activate an unlimited pass for a shared kickboard for one month through code sent via text message. This event is a method of burning Webility NFTs by accessing the website dedicated to burning, and exchanging them for unlimited pass subscription tickets that can be used for one month in the domestic shared kickboard Xing Xing app.
NFTs | OpenSea | News
🖼 1 Billion NFT Assets Across 16 Blockchains: Unprecedented Growth Signals NFT Revolution
In an impressive feat for the blockchain world, a monumental 1 billion non-fungible token (NFT) assets have been issued across 16 major blockchain networks. These 16 prominent blockchain networks, which include notable names such as Ethereum, BNBChain, Polygon, Solana, Arbitrum, and Optimism, have collectively contributed to this groundbreaking achievement. The data unveiled the issuance of an astounding 1 billion non-fungible token assets, a testament to the growing popularity and adoption of this asset across diverse blockchain ecosystems. Furthermore, the data highlights that more than 2.65 million NFT asset contracts have been deployed across these networks. This reflects the dynamic and vibrant activity within this space, as creators, collectors, and enthusiasts engage in the creation and exchange of unique digital assets on a massive scale. The remarkable development, as reported by NFTScan’s comprehensive multi-chain data analysis on August 13, marks a significant advancement in the non-fungible token landscape. The issuance of 1 billion NFT assets across these 16 blockchain networks signifies a resounding affirmation of non-fungible token’s transformative potential and lasting impact on the digital economy.
NFTs | OpenSea | News
💰 Solana On-Chain Activity Drops, DigiToads NFTs Breaking Barriers On OpenSea
DigiToads, a project transcending the typical meme coin realm, has taken the crypto community by storm with its innovative NFT collection. Centered around the captivating motif of toads, the project’s NFTs are more than just aesthetic artworks: they offer a glimpse into the realm of potential profits and utility. These NFTs, known as Toads Friends NFTs are available for minting on the DigiToads website. One can also get the NFTs by purchasing them from the NFTs marketplace, Open Sea. One crucial factor contributing to DigiToads’ distinction is its deflationary nature, with strong value growth witnessed even in the presale phase. This growth further solidifies the projected future value of DigiToads NFTs. Adding to the excitement and interest among potential investors and collectors. Beyond the monetary allure, DigiToads NFTs offer practical use cases within the DigiToads swamp ecosystem, the concept of staking DigiToads NFTs to earn passive income via $TOADS transactions adds an enticing layer of value to these digital assets. Additionally, the project’s platinum Toads incentive which is awarded to the top traders in every monthly, TOAD vs TOAD trading competition grants access to the TOADS treasury.
NFTs | OpenSea | News
🪙 Revolutionizing Decentraland’s Metaverse with AI-Powered Avatars
In a pioneering move to enrich the virtual landscapes of the metaverse, Decentraland has taken a groundbreaking step by infusing artificial intelligence (AI) into its Ethereum-based world. Teaming up with AI startup Inworld, Decentraland introduces AI-powered non-player characters (NPCs) that inject vibrancy and interaction into the gameplay. These NPCs don unique avatars endowed with distinct personalities, engaging players in dynamic interactions. Already, three compelling NPCs have made their debut at Decentraland’s Genesis Plaza. Among them, Simone the Robot takes on the role of an informational guide, offering insights and discussions about the metaverse. Playful and light-hearted, Doge pays homage to the world of memes, while Aisha, a 23-year-old gaming streamer and former skater, brings her unique backstory and opinions into the virtual realm. The partnership with Inworld empowers creators with the ability to design and tailor their own NPCs. From crafting dialogues to personalizing voices and personalities, the creative latitude is vast. Moreover, these AI characters exhibit a remarkable linguistic inclusivity, understanding and catering to players who speak a variety of languages.
NFTs | OpenSea | News
🔫 Nokia, partners stage 5G-powered metaverse demo
Nokia, in collaboration with TPG Telecom and MediaTek, today showcased a ground-breaking live 360-degree video broadcast on the future of the Metaverse, enabled by Nokia 's state-of-the-art 5G Uplink Carrier Aggregation (CA) technology, TPG Telecom's commercial 5G network and MediaTek 's 5G mobile chipset technology. The demonstration highlighted how CA technology can transform the experience of watching TV, movies and sports, and took place at Nokia 's 5G Futures Lab, Sydney, Australia. By combining two or more sub-6 GHz frequency bands, Nokia's CA technology delivers optimized 5G uplink speeds, enabling real-time transmission of high-quality 360-degree video. The demo utilized solutions from Nokia's latest energy-efficient AirScale portfolio including baseband, massive MIMO, and Remote Radio Head products, powered by its ReefShark chipset. MediaTek provided its 5G mobile platform using the MediaTek M80 5G modem, which has been incorporated into the Dimensity SoC series. The demo used the combination of a 15 MHz carrier on the 700 MHz band (n28) and a 90 MHz carrier on the 3.6 GHz band (n78) using Uplink Carrier Aggregation technology to achieve a peak uplink throughput of 159 Mbps.
NFTs | OpenSea | News
🖼 NFT market crash unveils tech's limitations in addressing exploitative labor practices
The NFT market continues its ongoing plunge, reminding us that we cannot trust technology to save us from the exploitative labor market. According to a report by Alchemy, NFT trading volume in July fell by 29%, compared to June, to $632 million, and token sales fell by 23% to $3.7 million. Overall, this market recorded a steep fall of 95% in trading volume from the record in January 2022, which reached $17 billion. NFT is a device whose purpose is to answer the question of what ownership looks like in digital spaces. Technically, it is a certificate of authenticity on the blockchain system, which allows those who produce it to mark a certain digital asset as unique. The token comes in the form of a cryptocurrency, and every time that coin is sold its creator is supposed to receive royalties on the sale. This is in contrast to if a painter, for example, sells an oil painting they painted, then they will only receive their share in the initial sale. If the painting changes hands and is sold to different buyers, that painter will get nothing. The relationship between the NFT market and the media was mutual. The large amount of speculative money that flowed into the field drove media interest.
NFTs | OpenSea | News