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🌟🎄 Step into the Metaverse Magic: Sony BBC Earth Transforms Festive Season into Kid's Dreamland! 🚀✨
Experience the joy of the season like never before as Sony BBC Earth unwraps a special Metaverse wonderland just for kids! 🌈🎁 This heartwarming journey began with the channel gifting less fortunate children a chance to explore realms beyond imagination.
🌍🐧 Immersive Virtual Worlds: Sony BBC Earth, in collaboration with virtual reality experts, weaved two enchanting virtual landscapes! Kids embarked on an adventure in the Polar region, bathed in mesmerizing Aurora lights, surrounded by adorable penguins, seals, and polar bears. 🐾❄️ The journey continued to the vibrant tropical rainforest, where lush canopies housed exotic creatures like the Toucan, Cheetah, Crocodile, and Jackal. 🦜🌿
🚀🤯 Inspiring Wonder: The Metaverse experience sparked curiosity in the young minds of the Udaan India Foundation, igniting dreams of limitless possibilities in the world of AI. Alongside the Metaverse escapade, students engaged in a lively trivia session and enjoyed exciting games, creating moments of pure joy. 🎮💫
NFTs | OpenSea | News
💰 Bitcoin NFTs Skyrocket With $425M in Sales This Week
Bitcoin-based NFTs, also known as Ordinal inscriptions, have been selling at an impressive rate. In November, NFT sales from Bitcoin exceeded those from Ethereum, and this trend has persisted into December.Data from cryptoslam.io this week reveals that Bitcoin achieved $425.63 million in NFT sales, surpassing the runner-up Solana, which recorded $104 million in seven days. Ethereum, previously the frontrunner in NFT sales, now ranks third with approximately $79.98 million in sales over the seven-day period. Currently, the leading trio of marketplaces in the realm of Bitcoin-based NFT sales comprises Okx, Unisat, and Magic Eden. As of Dec. 20, 2023, Okx has a commanding lead, holding over 85% of the market share in this niche. Unisat follows with an 8.3% share, while Magic Eden captures about 4.3%, according to data from Dune Analytics. In the past week, Magic Eden’s seven-day market data reports that Bitcoin Frogs has been the most traded collection in the BTC-based NFT space.As for the market value, a Bitcoin Frog NFT had a floor price of 0.395 BTC, equivalent to $17,241, based on the current BTC exchange rates. Magic Eden saw Bitcoin Frogs reach 193.26 BTC in sales volume, amounting to $8.43 million, within a week.
NFTs | OpenSea | News
🖼 AI to detect fake NFTs and find NFT’s true value: bitsCrunch AMA recap
Vijay Pravin, founder and CEO of bitsCrunch was the guest of Cointelegraph's latest AMA. bitsCrunch is the blockchain analytics and forensics platform that allows to estimate NFT prices, check NFTs for fraud, get comprehensive NFT analytics and more. The company has already worked with Dapradar, Unstopabble Domains, EY, PricewaterhouseCoopers and Mastercard.Vijay discussed in detail the bitsCrunch tools available for NFT creators, builders, analytics, brands and enterprises, the state of the NFT market and its challenges. Of course, not all NFTs will make it like we see with cryptocurrencies, but the really good collections will. Look at Pudgy Penguins, which are being sold physically in Walmart stores across the US. Mocaverse, Bored Apes, a lot of blue chip NFTs are also doing really well because they have utility IP associated with them. Established brands also continue to ship into the NFT space, such as Nike, Reebok, Adidas, Mastercard and Visa, Porsche, Reddit, Starbucks, etc.If you keep looking from a positive perspective, there are still many sought-after NFTs, their floor prices might be around zero at the beginning, but you should look beyond that. Some NFTs are now trading at quite a good volume. Moreover, the moment NFTs are widely used for real-world assets, they will have a strong position in the space.
NFTs | OpenSea | News
🔫 VYUG Metaverse Unveils a New Era of Digital Interaction
Digital engagement is being redefined with the introduction of VYUG, the ground-breaking metaverse platform that was recently showcased at the India Expo Mart. Pioneering a convergence of reality and virtuality, VYUG opened doors to a multitude of opportunities and experiences within the metaverse. The event was a powerful testament to turning once-impossible feats into tangible realities, showcasing a captivating blend of innovation, entertainment, and technology. Attendees were left with a lasting impression on the future of the digital landscape as VYUG demonstrated its commitment to ethical and security principles. Ubaid Chand, the co-founder and CEO of VYUG, expressed the platform’s mission to transform the future of virtual reality with realism in the comfort of one’s own home. Instead of being built solely around apps, VYUG is built around people, offering them a genuine experience of various sectors existing in the world, all from the convenience of their couch. It offers a dynamic development in how people interact with technology, transforming how they connect, learn, and prosper in an ever-evolving digital context.
NFTs | OpenSea | News
🔫 Harnessing metaverse for mental well-being: WEF report
Metaverse has emerged as a leading technology in 2023, securing the 5th position among the top 10 emerging technologies, according to a recent report by the World Economic Forum. The report highlights a crucial finding that the impact of screen time and social media on psychological well-being is two-fold: while excessive use can diminish well-being, responsible usage can actually enhance it. The report cites Dr. Vivek Hallegere Murthy, Surgeon General of the United States, addressing social media's impact on youth mental health. With near-universal social media usage among young people, there are concerns about potential harm. Interestingly, the study reveals that screen time in virtual shared spaces, known as the metaverse, can help alleviate the mental health crisis. The study revealed that screen time in shared virtual spaces while making social connections may reverse the mental health crisis. The reason is, virtual shared spaces are digital environments where users get to interact on professional and social levels. These virtual spaces are now known as the metaverse, which offer enhanced augmented or virtual reality (AR/VR).
NFTs | OpenSea | News
🔫 Improbable sells gaming venture for $97M, shares 2024 metaverse predictions
Metaverse technology company Improbable announced in an end-of-the-year statement on Dec. 18 that it had sold its gaming venture, The Multiplayer Group (MPG), to Keywords Studios for £76.5 million ($97.1 million). Herman Narula, co-founder and CEO of Improbable, called Keywords “a like-minded business partner” and said he was delighted to see MPG embark on a new chapter. Keywords works with large names in the gaming industry, such as Activision Blizzard, Bethesda, Zenimax, Epic Games and 2K. Narula said this deal is a part of its venture strategy for 2024. Improbable originally acquired MPG in 2019 for around £30 million. Improbable also released its 2024 predictions, stating the metaverse and Web3 are not “yesterday’s news.” He told Cointelegraph that the metaverse in 2024 is going to “define the future of virtual events.” He also commented that in this upcoming year, he expects to see more businesses leaning towards decentralized metaverse platforms. According to the Softbank-backed metaverse developer, 2024 will also see more consolidation and streamlining in the gaming, Web3 and crypto sectors, which it says will result in a “stronger, more resilient, and more cohesive startup ecosystem.”
NFTs | OpenSea | News
🖼 China Vows to Clarify Web3, NFT Development Path
China plans to release a Web3 strategy document to clarify the path forward for the industry,The strategy document would handle the issues of inheritance, innovation, security and government obligations, the department, along with the Chinese Academy of Sciences, and the China Association for Science and Technology, said. Plus, the ministry plans to strengthen interaction between relevant departments to promote Web3 innovation, deploy further research and strengthen talent in the industry. Despite China’s ban on crypto, its citizens have still been turning to non-fungible tokens (NFTs) and the Ministry of Science and Technology said it places “great importance to the development of Web3 industry.” Already a number of Web3 initiatives have taken place in China. The technology ministry, along with the Cyberspace Administration of China, has released a series of policy documents such as the “Guiding Opinions on Accelerating the Application of Blockchain Technology and Industrial Development” and the “Blockchain Information Service Management Regulations.”. Plus, the Cyberspace Administration of China, the Propaganda Department of the Central Committee.
NFTs | OpenSea | News
🔫 Upland partners with AI studio Kaedim to accelerate metaverse asset production
Upland’s experimental collaboration with the artificial intelligence (AI) startup Kaedim has proven to be more fruitful, with the metaverse platform seeing a 70% increase in 3D asset production speeds. The partnership represents another key evolution for Upland, which began as a fairly simple, blockchain-based virtual property trading game. With Upland, players can buy, sell, and trade virtual properties mapped to real-world locations while engaging in an economy that caters to entrepreneurs, content creators, and gamers alike. The concept has caught on, with Upland seeing more adoption after being announced as FIFA’s official metaverse partner during the Qatar World Cup in 2022. Digital asset creation is one of the most vital elements of Upland, as the game revolves around user-generated content. Players can design, manufacture, and trade digital goods and experiences with Upland. But to enable this, Upland must provide players with a consistent and easy-to-use pipeline to design and build novel digital assets. Due to Upland’s growth, its creators decided players needed a superior way to accelerate the production of digital assets on its platform, and that’s where Kaedim comes into the picture.
NFTs | OpenSea | News
🖼 Metaplex introduces fully immutable NFTs and inscriptions on Solana
Solana-based NFT protocol Metaplex is looking to launch a new inscriptions standard on the Solana blockchain. The crypto industry has witnessed a spike in inscriptions, partly driven by what the market has learnt from Bitcoin’s Ordinals. As the BRC-20 tokens soared, the embedding of texts, images and audio among other details onto tokens across the ecosystem. The trend seems to be just getting started despite recent commentary about BRC-20 and its threats to the Bitcoin network. “Metaplex Inscriptions allow you to store an asset’s metadata and media fully on Solana, removing any external trust assumptions and unlocking greater composability for on-chain attributes and smart contracts,” the platform noted in a post on X. “The Engraver adds an extra layer of security that prevents any changes from ever being made to Engraved NFTs, regardless of whether the originating program is immutable,” Metaplex wrote. The price of Metaplex (MPLX) was soaring following the news, trading to highs of $0.28. Data on CoinGecko showed MPLX price had gained over 55% in the past 24 hours. Combined with recent upside momentum, Metaplex has jumped over 300% since mid-November.
NFTs | OpenSea | News
⬜️ OKX NFT marketplace volume surpasses Blur, OpenSea amid Bitcoin Ordinals frenzy
OKX’s non-fungible token trading platform surpassed Blur and OpenSea in daily trading volume as NFT enthusiasts appear to continue trading Bitcoin Ordinals NFTs. OKX NFT Marketplace recorded a 24-hour trading volume of $50.33 million as of 2 p.m. Hong Kong time — making it the largest NFT marketplace by daily trading volume, according to data from DappRadar. Blur came in second with a daily trading volume of $13.21 million, followed by Magic Eden’s $7.63 million. OKX has become the number one NFT marketplace after enabling trading of BTC Ordinals NFTs,” Nick Ruck, chief operating officer of ContentFi Labs, told The Block. “Blur and OpenSea have not yet allowed trading of these Bitcoin-based NFTs, so they've started to fall behind in terms of volume due to the huge demand of Ordinals.” The rise of OKX’s platform comes as the NFT trading volume on the Bitcoin network climbed to $305.44 million in the week of Dec. 10 to Dec. 17 from $121.28 million in the previous week, according to CryptoSlam data. The NFT trading volume on Ethereum in the same week amounted to $93.45 million, while Solana saw $90.74 million.
NFTs | OpenSea | News
🇨🇳 LinkNFT Revolutionizes Hong Kong’s Digital Sphere in China Mobile’s Bold Move
LinkNFT serves as a catalyst in China Mobile’s mission to seamlessly integrate advanced blockchain technologies into everyday life. Beyond its role as an NFT marketplace, LinkNFT envisions becoming a gateway to an evolved digital society, effectively bridging the gap between the physical and virtual worlds. The platform, grounded in simplicity and innovation, lays the foundation for Hong Kong’s digital transformation. At the core of LinkNFT lies its capability to seamlessly merge various digital asset domains, including SocialFi, DeFi, and GameFi. Utilizing CMChain’s cross-chain standard components, the platform facilitates the creation, transaction, and circulation of digital assets across multiple chains. The integration of a cross-chain service agreement, adapter, and smart contract association chain highlights LinkNFT’s technical prowess. A crucial element enhancing user experience is the LinKey digital wallet, an integral part of China Mobile Hong Kong’s exclusive offering, MyLink. This wallet empowers residents to efficiently manage their digital assets, encompassing Ethereum assets from platforms like Opensea.
NFTs | OpenSea | News
📊 NFT Sales Soar to Over $500M; Bitcoin Leads With Unprecedented Growth
The total NFT sales this week, amounting to $503.35 million, saw Bitcoin accounting for more than half of this figure, with its $276.79 million representing 54.98% of the week’s total. This period also marked a significant rise in market activity, with a 199.44% increase in buyers and a 193.20% surge in sellers of NFTs, according to cryptoslam.io stats. Bitcoin’s performance in NFT sales was notably strong, with a 122.16% increase compared to the previous week. Solana also showed a substantial rise in NFT sales, reaching $90.04 million, a 56.58% increase from last week. Meanwhile, both Polygon and Immutable X experienced declines in sales, dropping by 7.28% and 3.79% respectively, compared to the previous week. This week’s data highlights Bitcoin’s growing influence in the NFT sector, with eight of the top ten NFT collections, in terms of weekly sales, originating from the Bitcoin blockchain. The leading seven collections are all Bitcoin-based, while the eighth and ninth positions were held by Ethereum’s “Matr1x Kuku” and Solana’s “Tensorians” compilation, respectively. The most expensive NFT sale this week came from the Ethereum blockchain.
NFTs | OpenSea | News
🖼 Hackers steal NFTs worth millions, from Apes to Art Blocks, in NFT Trader exploit
Millions of dollars of high-value NFTs, including rare Bored Ape and Mutant Ape Yacht Club tokens, World of Women NFTs, VeeFriends, Art Blocks, and more were stolen in a major hack of peer-to-peer trading platform NFT Trader earlier today. The company confirmed in an X post that "old smart contracts" had been attacked and urged users to revoke any permissions they had given the smart contracts in the past. X user foobar has claimed the attacks have finished after NFT Trader updated its smart contracts to fix a reetrancy vulnerability. The apparent main attacker posted a public message to the blockchain, pinning the invention of the NFT exploit on another user and claiming the attack was to "pick up residual garbage." The attacker offered to return tokens to victims after being paid a ransom of 3 eth per Bored Ape and .6 eth per Mutant Ape. The attacker has also made a series of confusing moves, refunding one Bored Ape along with 31 eth to one user and returning certain staked Bored Apes to their owners, while keeping the ApeCoin rewards. Aside from the main hacker, there have been reports of auxiliary hacks that have drained tokens such as Cool Cats and Squiggles from users' wallets. NFT Trader did not immediately reply to a request for comment from The Block.
NFTs | OpenSea | News
🖼 The Sandbox introduces new NFT royalties redistribution system
The crypto market is abuzz with excitement, with The Sandbox (SAND), Polygon (MATIC), and Everoldge (ELDG) at the center of it all. The Sandbox recently introduced a revised NFT royalties redistribution system, which will allow creators to earn passive income for years. In other exciting news, Polygon launched the new Polygon Portal, serving as an improved gateway to Polygon chains. Meanwhile, Everlodge, a new ICO, is in the spotlight for its potential disruption of the trillion-dollar property market. The Sandbox (SAND) is a virtual gaming world where users can build, own, and monetize their gaming experiences. It is among the top altcoins on the market thanks to its incredible contribution to the crypto space. The community is currently buzzing with excitement following a big announcement. The Sandbox news that has been making the rounds concerns NFT creators. In a tweet released by the team on December 13, it announced the introduction of a new NFT royalties redistribution system. With this new update, NFT creators will automatically receive 2.5% of royalties from assets sold on The Sandbox marketplace. Previously, the platform received all 5% of royalties from secondary asset sales.
NFTs | OpenSea | News
🇨🇳 China’s Largest Telecom Operator Launches NFT Market LinkNFT
The primary objective is to provide Hong Kong citizens with easy access to the next generation of Web3.0 Internet, fostering a unique experience and contributing to the establishment of a new digital economy and society. This initiative aims to propel Hong Kong into the forefront of the Web3.0 era, emphasizing the convergence of virtual and physical realms. LinkNFT offers enterprises digital asset NFT casting services, facilitating the generation, transaction. LinkNFT offers enterprises digital asset NFT casting services, facilitating the generation, transaction, and circulation of digital assets across various scenarios such as SocialFi, DeFi, and GameFi. Currently integrated with CMChain, LinkNFT is Web3.0 compatible through CMChain’s three-in-one cross-chain standard components: the CMChain Web3.0 Center cross-chain service agreement, cross-chain adapter, and cross-chain smart contract association chain. China Mobile Hong Kong (CMHK) has collaborated across diverse sectors to pioneer the release of over 30 NFTs on LinkNFT. This collection also comprises 20 commemorative NFTs from the MyLink ArLink series, along with 15 NFTs from entities such as United Publishing House and Migu Music.
NFTs | OpenSea | News
🔫 Reebok, Futureverse partner to launch metaverse experience in 2024
“Reebok is deeply entrenched in consumer trends and transformative technology,” Reebok CEO Todd Krinsky said in a statement. “Our partnership with Futureverse and the upcoming launch of Reebok Impact enables us to transcend traditional boundaries of innovation to engage our consumers in the digital evolution of our products in ways that redefine the realm of possibility.” Brands incorporating web3 and metaverse experiences into their businesses was a common move this year, especially coming from apparel retailers. Lacoste, Crocs and Alo Yoga used virtual reality to showcase products. Combining this with other tech like AI, augmented reality and NFTs is another way brands are using digital experiences to get customers to engage with products. With the help of Futureverse, “Reebok Impact″ will feature web3, blockchain-based gaming and metaverse experiences for customers next year.This is the first step in Reebok and Futureverse’s partnership, which is said to be long term. The companies intend to expand, add functionality and integrations, and launch new experiences.
NFTs | OpenSea | News
🔫 UltraPro Launches Innovative Staking Program and Unveils New NFT Marketplace
UltraPro, a leading L1 EVM compatible blockchain, proudly announces the launch of two transformative initiatives: the innovative Stake UPRO Project and the highly anticipated UPRO NFT Marketplace. These milestones underscore UltraPro's commitment to rewarding its community and advancing the decentralized finance landscape. Stake UPRO Project embodies a pivotal aspect of the UltraPro ecosystem, meticulously crafted to recognize and encourage our community's enduring commitment. UltraPro's commitment to rewarding its community and advancing the decentralized finance landscape. The Stake UPRO Project embodies a pivotal aspect of the UltraPro ecosystem, meticulously crafted to recognize and encourage our community's enduring commitment. Through the process of staking UPRO coins, users unlock an exceptional avenue for potential growth. This innovative initiative diverges from the traditional staking models by presenting a tailored three-tiered structure, catering to diverse individual preferences. Beyond fortifying the UltraPro network, this robust rewards mechanism empowers participants to witness the positive evolution of their contributions within a secure and thriving environment.
NFTs | OpenSea | News
🖼 Tackling NFT Theft With the Three Address Protocol
The NFT community has long been plagued by NFT thefts, with high-profile cases often involving losses of digital assets worth hundreds of thousands, even millions of dollars. These incidents illustrate the pressing need for enhanced security measures in the management of NFTs. In response, prominent NFT collector, advocate, and X personality punk6529 proffered a novel solution called The Three Address Protocol (TAP), offering a systematic approach to safeguarding these valuable digital assets. Recently another X user, Inflatablebag, extrapolated on punk6529’s initial TAP concept, positing that TAP should be adopted as an industry standard. For those unfamiliar with TAP, at its core, TAP involves the use of three distinct types of Ethereum addresses to manage NFTs: the Vault, the Transaction, and the Minting address. Each address serves a specific purpose, creating layers of security that significantly mitigate the risk of phishing and theft. TAP’s strength lies in its simplicity and adaptability to any wallet setup, including for beginners with software wallets. By segregating activities into these three addresses, users ensure that their valuable NFTs are never compromised by phishing sites or wallet drainers. Notably, TAP’s effectiveness is independent of the wallet’s type, whether it’s a software wallet or a hardware wallet.
NFTs | OpenSea | News
🖼 Yuga Labs unveils CryptoPunks721 wrapper to simplify NFT trading
Bored Ape developer Yuga Labs has rolled out a new wrapper for the CryptoPunks collection to ease trades on marketplaces. According to an X thread by Yuga Labs‘ smart contract developer, 0xQuit, the newly introduced CryptoPunks721 wrapper operates on a permissionless basis and utilizes Larva Labs‘ PunksData smart contract for on-chain metadata. The primary objective behind developing the new wrapper is to streamline the trading of NFTs. The primary objective behind developing the new wrapper is to streamline the trading of NFTs from the CryptoPunks collection, originally minted in 2017, predating the widespread acceptance of the ERC-721 standard in January 2018. As noted by 0xQuit, the original NFTs from the CryptoPunks collection necessitate wrapping before being eligible for sale on key marketplaces. Wrapping involves creating a cloned token with equivalent value, while a custodian securely holds the original token. This process involves multiple transactions, resulting in high operational costs. The introduction of the CryptoPunks721 wrapper aims to address these limitations by enabling both wrapping.
NFTs | OpenSea | News
🇶🇦 Qatar enters metaverse through ‘Qatar Adventure’ Roblox experience
Roblox users can now explore “Qatar Adventure”, a virtual world in the metaverse featuring authentic Qatari cultural activities and some of the country’s most iconic landmarks. “Qatar Adventure” is accessible to all free of charge through Livetopia, a popular immersive world on Roblox, until February 8, 2024. The initiative is in partnership between Q Life, a cultural platform under the State of Qatar’s International Media Office (IMO), and developer Century Games. At the centre of the “Qatar Adventure” virtual world sits a replica of the Lusail Stadium, the venue that hosted the historic Qatar World Cup 2022 final between Argentina and France. Users can explore the iconic stadium while wearing a ‘bisht’, the traditional cloak famously worn by Argentinian national football team captain Lionel Messi as he lifted the World Cup trophy. Beside the stadium are the Katara Towers, owned by Katara Hospitality, an architectural translation of Qatar’s national emblem and home in real-life to two 5-star hotels. Virtual visitors can explore the grand lobby, luxurious suites, a small museum, as well as a clothing store where they can wear traditional Qatari outfits.
NFTs | OpenSea | News
🖼 AR platform Really launches ‘Fandime’ NFTs to reward users with exclusive movie-related content
Traditionally, being a hardcore movie fan means collecting physical memorabilia like autographed posters to show dedication. However, in recent years, a number of companies have started betting on digital collectibles to become the new symbol of a fan’s devotion. AR platform that provides digital collectible movie tickets and interactive experiences related to the latest blockbuster films — announced a partnership with blockchain platform Avalanche to help power its “Fandime” NFTs. The company also announced today it’s expanding its AR collectible tickets to cinema partners in the Asia-Pacific region, including Japan, Korea, Australia, the Philippines, Thailand, Malaysia and Singapore. There are three ways to earn Fandime tokens — attending movie theaters and events, buying merchandise and interacting with Really’s AR experiences like weekly trivia, scavenger hunts and a “Pop-a-Corn” game that involves throwing kernels into a popcorn bucket. Users can also purchase a Fandime directly in the Really app (available on iOS and Android devices). The production company recently rolled out an AR collectible for the hit psychological thriller “Saltburn.”
NFTs | OpenSea | News
🖼 OKX NFT Marketplace Surges Past Blur and OpenSea With Bitcoin Ordinals Trading
OKX's non-fungible token (NFT) platform has outperformed prominent rivals like OpenSea, Blur, and Magic Eden in terms of 24-hour trading volume. According to DappRadar, on December 18, the OKX NFT Marketplace recorded a staggering $50 million in daily trading volume. Although the platform's trading volume has since declined to $35 million, it still outshines its competitors. The combined 24-hour trading volume of Blur, Magic Eden, and OpenSea stands at a mere $24 million, highlighting OKX's dominance in the NFT space. The surge in OKX NFT Marketplace's trading volume can be attributed to its introduction of Bitcoin Ordinals trading. According to CryptoSlam, the Bitcoin network eclipsed both Ethereum and Solana in terms of NFT sales volume, reaching a staggering $404 million over the past 7 days. Meanwhile, Solana managed over $95 million in sales volume while Ethereum, once the leading blockchain for NFT trade volumes, saw $90 million. This development coincides with a broader resurgence in the NFT market, with the collective volume approaching $1 billion in November. During that month, the average value of NFT transactions witnessed a significant 114% increase, rising from $126 to $270, indicating a growing willingness among users to engage in higher-value trades.
NFTs | OpenSea | News
🖼 Ubisoft’s New Game NFTs Generate $4.5M in Record Public Mint
The limited presale of Warlords NFTs, designed as pixelated profile picture-style heroes, sold out within minutes, generating over $2 million in sales during the subsequent public mint. Ubisoft's upcoming battle game, Champions Tactics: Grimoria Chronicles, has set records, with its free Warlords NFTs selling out within minutes during a public mint. CryptoSlam data reveals that the game has already generated over $4.5 million in sales within a few hours of its public mint. The Warlords, designed as pixel-style heroes with weapons, resemble social media profile picture (PFP) NFTs. Ubisoft has introduced a unique feature where holding a Warlord NFT in a crypto wallet grants access to the game's next mint for playable in-game characters. Warlord NFT owners will be able to mint five Champions Tactics characters for free at a later, yet-to-be-announced date. Unlike the Warlords NFTs, the Champions Tactics game will be deployed on the Ethereum-compatible Oasys chain. It is estimated that 9,999 Warlords NFTs will be minted, with 1,000 distributed to the Oasys community and 999 reserved for Ubisoft's future marketing efforts.
NFTs | OpenSea | News
🖼 NFT sales decline, Solana surpasses Ethereum’s volume
Investor interest in non-fungible tokens (NFTs) has declined significantly for the first time since early November. Despite the market downturn, Solana (SOL) became the second-largest network for the asset class. According to data provided by CryptoSlam, the global NFT sales volume witnessed a 42% plunge in the past 24 hours, falling to $64.3 million. The total number of NFT transactions also declined by 21%, closing down to the 350,000 mark. The notable plunges come three days after the NFT sales volume hit a 20-month-high of $132.3 million on Dec. 15 — a level last seen in mid-May 2022. Per CryptoSlam data, while the amount of wash trades declined by 16.5% — currently standing at $6.5 million — the number of wash transactions witnessed a significant surge of 90.7%, surpassing the 30,000 mark in a day. Ethereum has been dominating the NFT scene since the creation of digital collectibles until the Bitcoin (BTC) Ordinals arrived, making Ethereum take the second spot. However, CryptoSlam data shows that Solana surpassed Ethereum by a slight difference, becoming the second-largest blockchain for NFTs with a 24-hour trading volume of $9.58 million.
NFTs | OpenSea | News
🪙 Sandbox meets a formidable opponent in this new cryptocurrency attracting investor focus
The Sandbox is looking to boost NFT activity with a new royalty program. Experts now debate the effect of the upgrades on the Sandbox (SAND) price movement. The Sandbox (SAND) is making waves within the cryptocurrency space after redesigning its NFT Royalty Programme. The new development would see a larger part of secondary royalties distributed to original creators. News of The Sandbox’s new royalty program coincides with the sharp decline in NFT activity across the crypto market. It also coincides with the ongoing rally that has increased bullishness for SAND. As of October 30, SAND traded at $0.359. One month later, SAND had risen by 15.5% to $0.415 on December 1. SAND jumped by 27.9%, reaching $0.531 after The Sandbox unveiled its new royalty program. NuggetRush (NUGX) was created with one goal – to offer an innovative play-to-earn experience with vast rewards and exciting gameplay. The project features a hyperrealistic land terrain where players are tasked with turning a small mining gig into a booming business operation. NuggetRush (NUGX) allows players to become artisanal miners and experience the ups and downs of mining mineral resources.
NFTs | OpenSea | News
🖼 NFT Trader Suffers $3 Million Loss In Multiple Attacks – Details
NFT Trader, a peer-to-peer non-fungible token trading platform, has suffered a set of multiple exploits leading to multi-million dollar losses in users’ assets. The incident occurred on December 16, with the bad actors carting away $3 million worth of tokens, including 13 Mutant Ape Yacht Club, 37 Bored Ape, some VeeFriends, and World of Women NFTs. NFT Trader has since confirmed the attack via an X post advising users to revoke access to some of its old smart contracts. NFT Trader hackers shared a message in which he attributed the origin of the exploits to another attacker. In this message, the hacker claims to be a scavenger who came “for the leftover trash.” The exploiter claims to have just realized the high value of NFTs. They also admitted to having limited technical skills and are open to returning the stolen NFTs to users in return for a 10% bounty paid in Ether (ETH), which represents 3 ETH per Bored Ape and 0.6 ETH per Mutant Ape Yacht. However, in another puzzling development, a victim of the NFT Trader exploit claims the same hacker has now returned some of the loot, including 31 ETH and a rare NFT, albeit holding on to the Apecoin rewards.
NFTs | OpenSea | News
🖼 P2P Platform NFT Trader Falls Victim to Security Flaw, $3 Million in Blue-Chip NFTs Lifted
The NFT trading platform NFT Trader has been compromised, resulting in a loss estimated at approximately $2.85 million in high-value NFTs. On Saturday, NFT Trader issued a public statement on X, warning, “We’ve suffered an attack on old smart contracts, please remove the delegation using revoke cash to the following addresses,” and provided two addresses along with the affected smart contract addresses. Revoke Cash X’s official account revealed that the thief absconded with around $3 million in NFTs. The Revoke Cash website, which summarizes the breach, states that the exact method of the theft remains unclear, yet some stolen NFTs have been returned. “The exploiter has sent several stolen NFTs back to the victims, so there is hope that users will recover some of their assets,” Revoke Cash observed. As 2023 draws to a close, the NFT Trader incident adds to a string of recent security breaches, following closely behind the Ledger Connect Kit Library mishap and the Okx Dex hack. Research from the previous month indicated that $343 million had been pilfered from both centralized and decentralized crypto exchanges. With the surge in value of non-fungible token assets, they have increasingly become prime targets due to their substantial worth.
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🔫 ZTX Web3 Platform Strengthens Japanese Presence through Metaverse Collection Partnership
The Japanese government has displayed a notable inclination towards embracing the metaverse industry, blockchain technology, and the crypto market. Japanese retailers, particularly those associated with the ZEPETO community, have a well-established history with ZTX. The ZEPETO project, which supported ZTX, has garnered favor among Japanese retailers, rewarding them for their adoption of the ZTX metaverse platform. According to Lee Nomura, Project Manager at Metaverse Collection, ZTX enjoys several advantages compared to typical Web3 gaming or metaverse projects when venturing into Japan. Notably, its Web2 platform already boasts millions of users in Japan and has the backing of Softbank. Nomura emphasized that the upcoming collaboration with Fuji TV to co-launch a virtual singer/idol audition in December adds another layer of strength to ZTX’s position in the Japanese market. Metaverse Collection, leveraging its experience as marketers in Japan, aims to amplify the existing sparks within ZTX and create lasting fires.
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🖼 NFT Trader Contract Compromise Leads to Millions in NFTs Drained
Although delegate.cash founder 0xfoobar, working along with a sixteen-year-old coder, has managed to pinpoint the faulty code in NFT Trader’s exploited contracts and assist them in removing the exploits, users are exhorted to revoke any allowances linked to these contracts—listed in this post by NFT Trader. This can be done on revoke.cash—which is now fully safe to use again after a widespread exploit of a Ledger Connect library was resolved on Dec. 14. “Users should go to Revoke.Cash and immediately search to see if they have approvals for the NFTTrader contracts, if so revoke ASAP. They are vulnerable if they have an approval and they must revoke–which is not a disconnect from site but an on-chain revoke—before the hacker withdraws their asset,” a cybersecurity engineer and Wallet Guard ambassador told nft now. An individual claiming to be the hacker has been communicating with security researcher ZachXBT via onchain chat. “Hello, everyone. I’m a scavenger. First of all, monkeys are safe, and in the end, they come back to the user,” the individual wrote. Users who have lost assets are strongly cautioned to not send any money to the hacker.
NFTs | OpenSea | News
🖼 Farcana Raises $10 Million for NFT Esports Shooter That Pays Out Bitcoin
The Farcana team has raised $10 million in seed funding from Animoca Brands, Polygon Ventures, Fenbushi Capital, Merit Circle, and others to further develop its third-person multiplayer shooter game, Farcana has shared exclusively with Decrypt. Rarestone Capital, MMPro Trust, Unpopular Ventures, Kapo Capital, Emchain, Hasu Capital, and Dravus Investment also participated in the round. Within the game’s lore, Farcana is an ongoing tournament trial of sorts where players with Axelar-induced powers compete for glory. “We believe Farcana has the potential to be the next iconic blockchain game and continuously bring new users to Web3,” Fenbushi Capital Investment Director Clarence Zhou said in a statement. “We have been working with Farcana over the past year and we’ve been impressed with the development and traction it’s received so far,” said Animoca Brands co-founder and chairman Yat Siu. Farcana shares some similarities to a game like Blizzard’s Overwatch, but with smaller, walled maps and game modes that are reminiscent of Riot Games’ Valorant. The story of Farcana takes place in a near-future world where humanity has left Earth for Mars and discovers a superpower-granting substance called Axelar.
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