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NFT & Crypto Updates

🖼 Animoca Brands’ Yat Siu sees NFTs as a way to protect ownership in the age of AI

NFTs don’t always get taken very seriously, particularly now that AI and content creators are hogging the spotlight, but not everyone is so quick to discount crypto’s oft-derided younger sibling. According to Animoca Brands’ chairman and co-founder, Yat Siu, the growing influence of artificial intelligence and content is exactly why there is a growing need for NFTs in the world.

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NFTs | OpenSea | News

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🔫 National Basketball Players Association unveils metaverse experience with MeetKai

MeetKai and National Basketball Players Association (NBPA) are launching their metaverse experience ahead of the NBA All-Star Weekend. Los Angeles-based MeetKai joined forces with Think450, an innovation partner for the NBPA, to build the metaverse experience for fans engage with their favorite NBA teams and players. Starting today, guests can enter the virtual space created with MeetKai’s metaverse platform on their mobile and desktop devices.

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#Bitcoin analysis in the daily time frame:
The price has crossed the important level of $47000 - $52000 and the next main target is expected to be the price of $70000 . Of course, before reaching this price, it is possible that the price will decrease to the specified level and then perform a good pump.

@Altcoin_Charts

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🔫 Metaverse studio announces new launch into Asia's largest Metaverse Platform ZEPETO

Karta, an award-winning Metaverse studio ‘pioneering’ the world of in-game experiential marketing, has launched its own studio dedicated to creating bespoke in-game experiences in ZEPETO, Asia’s largest Metaverse platform. Karta aims to bring its signature of “visually stunning” experiences and results-driven approach to the fashion-focused avatar platform, with the first project for a global major brand already in production.

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🖼 SharkyFi Leads NFT-Fi Market with 88% Share

SharkyFi’s dominance in the market is a testament to its robust platform, innovative features, and the trust it has garnered from users. Its platform lets NFT owners access funds without losing asset ownership, attracting many users. Behind SharkyFi, Citrus occupies the second position with a 9.5% market share. Although significantly smaller in comparison, Citrus has made notable strides in carving out its niche within the NFT-Fi space.

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🪙 Ethereum NFTs rally with EtherRock and BAYC leading sales

Ethereum-native nonfungible tokens (NFTs) are starting to make a comeback, following growing NFT sales figures this week. Wrapped Ether Rock #46 sold for $496,658 on Monday, four days after Bored Ape Yacht Club (BAYC) #1726 was sold for $668,297, according to NFT data aggregator CryptoSlam. These represent the second and third-largest sales of the month, following the $1.53 million sales of CryptoPunk #5363 on Jan. 31.

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🔫 Metaverse in Finance Market is Booming Worldwide

According to HTF Market Intelligence, the Global Metaverse in Finance market to witness a CAGR of 9.2% during the forecast period (2024-2030). The Latest Released Metaverse in Finance Market Research assesses the future growth potential of the Metaverse in Finance market and provides information and useful statistics on market structure and size.

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🔫 5G-enabled AR-animated avatar calls for the metaverse

Rohde & Schwarz and Slalom are collaborating to realize 5G-enabled AR-animated avatar calls for metaverse and extended reality (XR) applications, considered critical to unlocking the full consumer potential of the 5G technology. The duo are developing essential tools to test XR use cases thoroughly prior to market launch and will demonstrate how to enable tomorrow’s augmented reality at MWC 2024.

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🔫 Apple is poised to bring metaverse mainstream and dominate the market

Apple’s biggest new hardware launch in decades happened on Feb. 2 when the Vision Pro spatial computer hit the United States market. Based on the reported preorder sales and the company’s history of hardware hits, there are plenty of reasons for metaverse enthusiasts to be optimistic for the future. The Apple Vision Pro is a spatial computing device that takes the form of an augmented reality headset.

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🖼 Sotheby’s to Auction Ether Rock NFT in Sealed Bid Event

Sotheby’s has announced that it is presenting Ether Rock, an early NFT collectible as a Sealed Auction, which will take place from February 14 to February 21. Only the bid that a person has to select the amount to bid and click “Place Bid,” submitted bid will be visible. The top bidder will be the one whose bid exceeds the current high bid. If not, the bidder will be able to see where their current bid stands, but not how much more they must bid to win the lot.

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🔫 Elastos joins forces with The Metaverse Bank

According to the official press release, the service is set to cover a range of applications, from eKYC banking verification to educational qualifications. Including professional references, age, resident or fiscal status, or any other credential that may be required. The decentralised verification process offers individuals complete autonomy over shared information, eliminating intermediaries. This ensures full control and privacy, with no data exchange or retention by third parties.

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🔫 Roblox Builds In-House LLM to Bring Real-Time Chat Translation to Metaverse

Roblox, an online gaming platform, has developed an AI-enabled real-time translation system that allows gamers to communicate via text with one another despite speaking different languages. The “unified translation model” is able to translate text messages at a base latency of 100 milliseconds, making for a seemingly seamless, instantaneous messaging process.

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🔫 Roblox Introduces Real-Time AI Translation on Metaverse to Overcome Language Barrier

Roblox revealed it has added automatic chat translations into its metaverse to allow users around the world to communicate without a problem, regardless of the language they speak. The new AI-based feature provides real-time translations of chat messages among users.According to CoinTelegraph, Roblox's artificial intelligence technology, which it calls the "unified translation model," currently supports 16 languages.

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🪙 Ethereum NFT collections outgrew ETH in January

January marked a month of growth; however, it was mainly for NFT collections. While ETH gained ~2% in the previous month, some of the top NFT collections grew more. For instance, Nansen NFT-500 and Blue-Chip 10 registered a growth in their value of 9.35% and 9.76%, respectively. ETH alone, the crypto is down by 1.09% in the last 24 hours, trading at $2,269.61. It further reflects an increase of 1.55% in the last 7 days and a fall of 1.38% in the last 30 days.

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🖼 NFT-themed Cuban restaurant opens

Miami's newest Cuban restaurant has an unlikely mascot: a cartoon-ape NFT from Hialeah. Bored Cuban opened yesterday on South Le Jeune Road, offering fast-casual snacks like flatbreads and "Cuban-style" Pop-Tarts. The name is inspired by the Bored Apes Yacht Club collection of non-fungible tokens, or NFTs, digital works of art featuring drawings of apes.

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🖼 Empire State Building Unveils NFT-Powered Ambassador Program

The globally renowned Empire State Building has introduced a groundbreaking NFT-powered Ambassador Program in collaboration with web3 loyalty platform Uptop and web3 wallet provider Magic. The program is centered around the Empire State Building Observatory Experience, owned and operated by the Empire State Realty Trust. It aims to seamlessly offer members complimentary experiences and digital collectibles in a visitor-friendly manner without the need for prior web3 expertise.

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🔫 Magic Eden wallet introduces NFT minting feature, with a free Claynosaurz drop

NFTs has typically required engaging with several tools and platforms. However, a fresh announcement reveals that users now have the streamlined ability to mint NFTs directly within the Magic Eden wallet. This simplification comes as a boon for NFT creators and collectors alike, and to mark this milestone, Magic Eden, in collaboration with Claynosaurz, is offering a free Open Edition NFT drop, exclusive to Magic Eden Wallet users.

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🖼 DN404, a new hybrid NFT standard challenges ERC-404

A new non-fungible token standard, DN404, or “Divisible NFT 404,” has been introduced, challenging the ERC-404 standard with its innovative approach. This hybrid standard is poised to enable more flexible and efficient transactions within the NFT space, allowing users to own and trade parts of an NFT, according to the developer behind DN404.

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🖼 Pudgy Penguins NFTs Top $50K—Will They Flip Bored Apes?

Ascendant Ethereum NFT project Pudgy Penguins now boasts a floor price within striking distance of once-dominant collection Bored Ape Yacht Club. At one point on Sunday afternoon, the lowest price one could pay for a Pudgy Penguins NFT rose to 21.5 ETH, or just over $54,850 at writing, according to data from NFT Price Floor. At that same moment, Bored Ape NFTs sold for a minimum price of 22.8 ETH—a sum worth just north of $58,000 at current prices.

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🖼 Tom Brady NFT Fetches $40K as Super Bowl Legends Hype Digital Collectibles

The NFL All Day digital collectibles brand, developed by Dapper Labs, entered Super Bowl weekend with a surge of momentum. The sports-themed, digital-collectible brand issued promotional packs of NFTs during the NFL playoffs in January, resulting in several high-profile sales. Notably, a non-fungible token featuring Tom Brady fetched over $40,000, while a similar NFT featuring quarterback Aaron Rodgers sold for $34,000, according to Dapper Labs.

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🔫 India’s Kochi City Partners with START LAND Inc. for Metaverse Expansion

Kochi City in Kochi Prefecture has embarked on a groundbreaking initiative to harness the potential of the Metaverse, with a strategic focus on developing markets in product sales and tourism. The city recently formalized a comprehensive collaboration agreement with START LAND Inc., a prominent operator of virtual spaces, to leverage digital technology for regional revitalization.

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🖼 Doodles and G-Shock Collabs for a NFT-Inspired Watch Collection

Doodles, the digital asset firm renowned for its vibrant and sought-after NFT collection, has joined forces with G-Shock, the luxury watch brand known for its durable and innovative designs. This partnership aims to launch an NFT-inspired watch collection that is not only a nod to the digital future but also a testament to the enduring appeal of high-quality craftsmanship.

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🖼 9GAG CEO buys Stephen Chow NFT at 3,155% premium to floor price

Ray Chan, the Hong Kongese co-founder and CEO of entertainment platform 9GAG, has purchased a Stephen Chow "Nobody" nonfungible token (NFT) at a price of 19.527 Ether ($47,300), representing a 3,155% premium over the collection's current floor price of 0.6 Ether ($1,450). The Nobody 889 "Monkey King" themed NFT has a special Sun trait present in less than 0.01% of the collectible series.

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🖼 Stephen Chow’s “Nobody” NFTs Reach 10,000 ETH in Trading Volume

Hong Kong movie director Stephen Chow launched an NFT collection titled “Nobody” on February 1 which has already reached nearly 10,000 ETH in trading volume on Opensea. At the time of writing, the collection has experienced trading activity of over 9,878 ETH (~ $22.8 million) with a daily volume of 2,699 Ether. In an X post published on February 7, Chow asked his followers for suggestions regarding potential Nobody community events. He also changed his profile picture on X and Instagram to a Nobody Avatar.

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NFTs | OpenSea | News

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🚀 Join the Elite Trading Community at @ChartsSignalsTrading! 📊

Dive into the world of cryptocurrency trading with ChartsSignalsTrading on Telegram, where precision meets opportunity. With over 250,000 subscribers, our channel is your premier destination for expert technical analysis, strategic swing trades, and quick scalp trades designed to navigate the volatile crypto markets.

What Sets Us Apart?
- Expert Insights: Leverage our technical analysis to make informed decisions.
- Diverse Strategies: From swing to scalp trades, find opportunities in fluctuations.
- Vibrant Community: Join a growing community of crypto enthusiasts and traders.
- Exclusive Access: Get early alerts on potential market movers and shakers.

✉️Join us now and be part of our success story! /channel/ChartsSignalsTrading

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🪙 Polkadot Sets New Record For NFT Minting Speed

Web3 protocol Polkadot has set a new blockchain speed record, minting 4,930 NFTs per minute, beating previous records set by Solana and Polygon. The record was achieved during an NFT drop for interactive storytelling game Forever Has Fallen, utilising Polkadot’s Unique Network parachain, which is tailored for composable NFTs.

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NFTs | OpenSea | News

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🖼 Japan Airlines and Hakuhodo to launch NFT collection

Japan Airlines Co., Ltd. (JAL) and Hakuhodo Inc have partnered to develop a joint collection of non-fungible tokens (NFTs). According to a blog post by KOKYO NFT, the initiative, scheduled to launch in February 2024, aims to convert unique experiences from six regions of Japan into non-fungible tokens. In parallel with the upcoming challenge, an advertising campaign uses dynamic origami-themed NFTs.

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🔫 ‘Parallel’ Teases Open Beta Plans as New Ethereum NFT Cards Launch

Parallel, the NFT card-battler that Decrypt’s GG named as its 2023 game of the year, may soon be launching to a much larger audience amid teases of an open beta launch on the horizon. Currently available in a closed beta test that’s gradually letting more players in, Parallel said on Twitter (aka X) late Wednesday that info on the open beta is coming “soon.”

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NFTs | OpenSea | News

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