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NFT & Crypto Updates

🖼 OKX Marketplace and BLOCKLORDS Unveil Exclusive NFT Giveaway

OKX Marketplace, in collaboration with the medieval Web3 game BLOCKLORDS, has announced an exclusive giveaway of 300 ‘Legacy Cowherd’ NFTs. These Ethereum-based NFTs are up for grabs from June 19 to June 26, offering participants a unique opportunity to own a piece of the game’s rich narrative.

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NFTs | OpenSea | News

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🖼 Konami partners with Avalanche for Resella NFT platform launch

Japanese game developer and publisher Konami Digital Entertainment has announced its collaboration with the Avalanche blockchain to launch its new non-fungible token (NFT) solution, “Resella.” The NFT platform aims to advance Web3 services by providing a streamlined solution for companies and organizations looking to integrate blockchain technology into their operations.

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NFTs | OpenSea | News

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🔫 BBC Ventures makes first investment into metaverse events streaming platform

BBC Ventures, an investment arm set up by the UK’s public service broadcaster in 2022, is today announcing its first investment — into Bristol, UK-based 3D video streaming platform Condense. The BBC is putting £500k into the startup, which has previously raised from VCs including LocalGlobe and 7percent Ventures, and angel investors Tom Blomfield, founder of Monzo, and Ian Hogarth, founder of Songkick and now partner at London VC Plural.

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NFTs | OpenSea | News

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🖼 Creators of ‘OpenSeason’ Announces Airdrop for NFT Holders

Fractional Uprising Studios, the developers behind the Ethereum-based battle royale game OpenSeason, announced a token airdrop for holders of their NFT membership passes. The airdrop is scheduled for this week and involves the distribution of FU Money ($FU) tokens. OpenSeason, available on the Epic Games Store, requires Ethereum NFT access passes for entry. Holders of these passes will receive a portion of the 62.1M $FU tokens designated for the initial airdrop, representing 10% of the total $FU token supply.

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NFTs | OpenSea | News

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🖼 Iconic French Magazine Paris Match Auctioning Historic Photos via Ethereum NFTs

Paris Match, the French magazine world-renowned for its photojournalism, announced Monday that it will auction a series of archival photos as NFTs to commemorate the publication’s 75th anniversary. The auction, which begins today, will feature 75 Ethereum NFTs of iconic photos from the Paris Match archives. The digital files will also come with numbered and signed physical prints of the same images. Starting bids for each photo will begin at 0.3 ETH, a sum worth about $1,062 at writing.

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NFTs | OpenSea | News

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🖼 Hunters On-Chain Revolutionizes Blockchain Gaming with NFT Integration

Hunters On-Chain, a blockchain-based battle royale game, is making waves in the gaming world by offering players true asset ownership through non-fungible tokens (NFTs), according to immutable.com. In Hunters On-Chain, players take on the role of elite Hunters tasked with capturing mythical creatures. Each playable Hunter is an NFT, which can be acquired through initial minting, the marketplace, or summoning. With 40 unique classes, players must strategically collect the right Hunters and choose their battles wisely to succeed.

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NFTs | OpenSea | News

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🔵 Number of Ethereum NFT traders falls below 4,000 for first time since June 2021

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🖼 Wu-Tang Clan's Secret 'Shaolin' Album Will Be Sold via $1 NFTs on Base

In a curveball move, Pleasr, a crypto collective or DAO that collects objects of cultural relevance, announced on Thursday that it will soon begin selling encrypted, on-chain copies of “Once Upon a Time in Shaolin,” the one-of-a-kind Wu-Tang Clan record that Pleasr acquired in 2021 for $4 million. The encrypted album will be made available today via a dedicated website for $1, according to a press release shared with Decrypt. The NFTs will live on Base, the rising Ethereum layer-2 scaling network from Coinbase, and their distribution will be handled by Pleasr in collaboration with Privy, Crossmint, and Holograph.

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NFTs | OpenSea | News

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🖼 Dapper Labs Reaches $4M Settlement in NBA Top Shot NFT Lawsuit

On Monday, June 3, 2024, lawyers representing investors who purchased non-fungible tokens from Dapper Labs filed a motion seeking preliminary approval of a $4 million class action settlement in the U.S. District Court for the Southern District of New York. The class action lawsuit alleged that Dapper Labs, the company behind NBA Top Shot, violated federal securities laws by selling crypto collectibles known as moments without registering them as securities.

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NFTs | OpenSea | News

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🪙 Ethereum Name Service tops NFT charts sales with over US$4.27 million

The Ethereum Name Service (ENS) led CryptoSlam’s non-fungible token (NFT) market Monday with over US$4.27 million in sales. ENS is not directly categorized as an NFT collection but uses NFT technology. ENS is a decentralized domain name protocol on the Ethereum blockchain that allows users to convert Ethereum addresses into human-readable formats.

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NFTs | OpenSea | News

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🇰🇷 South Korea classifies select NFTs as cryptocurrencies

South Korea’s Financial Services Commission (FSC) has unveiled new regulations that classify specific non-fungible tokens (NFTs) as virtual assets, akin to cryptocurrencies. This regulatory move is aimed at providing clarity within the evolving digital asset sector and ensuring that certain NFTs are governed by the same rules as traditional cryptocurrencies.

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🇺🇸 US charges three UK nationals in connection with ‘Evolved Apes’ NFT rug pull

The US Attorney’s Office for the Southern District of New York said in a statement it has charged three UK nationals in connection with a 2021 rug-pull scam involving a collection of 10,000 NFTs called ‘Evolved Apes.’ Mohamed-Amin Atcha, Mohamed Rilaz Waleedh, and Daood Hassan, all 23, were charged with wire fraud and money laundering, according to the statement. Each count carries a maximum prison sentence of 20 years.

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🖼 Galaxy Digital uses historic violin NFT to secure loan

Michael Novogratz’s Galaxy Digital and Animoca Brands co-founder Yat Siu have tokenized a Stradivarius violin from 1708 to use as collateral for a multimillion-dollar loan. On June 4, Galaxy reportedly lent an undisclosed amount of funds to Siu, who used the 316-year-old violin he owned as collateral. The digital assets firm turned the violin into a nonfungible token (NFT) and will hold the NFT and the physical version until Siu settles the loan.

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💰 Bitcoin NFTs hit $4B in all-time sales volume

While the overall nonfungible token (NFT) space saw a 54% drop in sales in May, digital collectibles on Bitcoin reached a new milestone. On June 4, NFT data tracker CryptoSlam showed that NFTs on the Bitcoin blockchain reached a total all-time sales volume of over $4 billion. The data combined the NFT sales, which were $3.97 billion, and the wash sales, which were $82 million.

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NFTs | OpenSea | News

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🖼 Animoca Brands Japan Unveils NFT Launchpad ‘SORAH’

Animoca Brands Japan has announced the name of its new NFT launchpad, SORAH by Animoca Brands Japan, and is set to launch in the summer of 2024. SORAH, named after the Japanese word for sky, aims to support NFT projects by providing opportunities for creators to sell their NFTs while offering various sales methods and loyalty programs. Further information about these programs will be released at a later date.

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NFTs | OpenSea | News

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🖼 Bitwise’s latest Ethereum ad can be minted as an NFT

On June 20, Bitwise released its first-ever commercial for the new investment offerings, which are still awaiting final approval from the US Securities and Exchange Commission (SEC). According to the company, the ads can be minted as a non-fungible token (NFT) on the Ethereum network (ETH price data). The ads, titled “Capture a piece of crypto history: the 1st national TV spot minted as an NFT,” features a 39-second short video-clip to demonstrate the always-on nature of the blockchain technology unlike the traditional financial system which clock’s out by 4pm.

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🔫 Kantana and The Sandbox are on a joint venture focusing on Metaverse entertainment

The Sandbox, a market-leading metaverse platform, and Katana, Thailand’s top-rated internet company, are on a joint venture to produce the inspirational future of metaverse entertainment. The unique partnership utilizes Kantana’s storytelling capability with the Sandbox’s user-generated content instruments. Kantana has already gained amazing results with the Sandbox and it denotes their expertise in crafting attractive experiences.

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🖼 GameFi Ecosystem Raised $1.5M in NFT Sales and Launching BAWK Token

Chicken Derby is an innovative GameFi project that has achieved a new milestone of raising over $1.5 million through NFT sales. Players can own, breed, trade, and race chickens on the blockchain with this new project, which brings the thrill of gaming with the rewards of cryptocurrency.

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🖼 COLLE AI to Integrate Real-Time NFT Minting Features to Enhance User Experience

COLLE AI, a pioneering platform in AI-driven NFT technology, is thrilled to announce the upcoming integration of real-time NFT minting features. This new capability enhances the user experience by allowing artists to mint their digital creations instantly, making the process more efficient and engaging. This feature significantly reduces the time between creation and market entry, providing artists with a more dynamic and responsive platform.

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NFTs | OpenSea | News

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🖼 Wu-Tang Clan's "Secret" Album Now Available As $1 NFT

The surreptitious Wu-Tang Clan album Once Upon a Time in Shaolin maintains its advocacy for valuing music in the digital age. Under the ownership of PleasrDAO, the digital art collective, the album is now available to the public as an NFT for at least $1, highlighting a pivotal shift from its exclusive past. PleasrDAO has teamed up with marketing and e-commerce platform Privy, as well as blockchain platforms Crossmint and Holograph, to distribute the encrypted album on Base.

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NFTs | OpenSea | News

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🖼 HYTOPIA Launches Closed Beta Testing for NFT Holders

HYTOPIA, a voxel-based gaming platform developed by the team behind NFT Worlds, has started its closed beta phase, allowing NFT holders of HYTOPIA Worlds, Gray Boys, and Avatars to test the game on two available servers. While the game is still in development, with ongoing efforts to make rapid improvements and provide frequent updates, the primary goal of this beta test is to ensure hardware compatibility and enhance the gaming experience for future players.

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NFTs | OpenSea | News

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🖼 Wu-Tang Clan’s Once Upon a Time in Shaolin Turned Into NFT

Wu-Tang Clan’s one-of-a-kind album, Once Upon a Time in Shaolin, has been in the news a lot lately. First, in late May, it was announced that it would be played publicly at an exhibition at Australia’s Museum of Old and New Art (MONA). The exhibition runs from June 15-24.

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🖼 Ethereum NFT Card Battler ‘Parallel’ Launches on Epic Games Store

Parallel, an NFT-driven competitive card game built on Ethereum, launched Wednesday on the Epic Games Store, potentially reaching a far larger audience in the process. The Epic Games Store is a prominent PC gaming marketplace, and had 270 million users as of the end of 2023, including some 75 million monthly active users. Epic Games is the creator of free-to-play shooter hit Fortnite and has acquired other games like Rocket League, but the store hosts games from a wide array of studios.

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🖼 Bitcoin.com's Verse Voyager NFT Collection Sells Out

Verse Voyager NFT collection has completely sold out. This achievement underscores the growing interest and enthusiasm in the decentralized finance space and highlights Bitcoin.com’s commitment to innovation and community engagement. “In a market overwhelmed by speculative meme coins, the success of our first NFT collection is a beacon for those who buy with intention and understanding of what we’re building,” said Bitcoin.com CEO Corbin Fraser.

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🖼 Adidas and Stepn Grant Limited Genesis NFT Sneakers to Web3 Customers via Mooar Marketplace

Adidas has entered into a partnership with Stepn, a Solana-based move-to-earn application, to offer generative NFTs to users. As a product of this partnership, a new NFT collection featuring Adidas sneakers was launched on Wednesday. For Adidas, creating digital avatars of their popular sneakers as NFTs is a way of connecting with the newer and emerging generation of consumers.

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NFTs | OpenSea | News

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🖼Grimace NFT Holders Get VIP Access in McDonald’s New Metaverse

McDonald’s has officially entered the metaverse scene in Singapore with the launch of its own digital world named “My Happy Place” accessible through the McDonald’s app in collaboration with Bandwagon Labs. This virtual realm offers a unique experience to users, particularly those who own Grimace NFTs released in 2023.

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🖼 Bybit Web3 To Launch Season 2 of Velocity Series NFT Collection

Bybit Web3, the web3 division of top three global crypto exchange Bybit, has announced the upcoming Season 2 launch of their Velocity Series NFT collection. Emily Bao, Bybit Web3 Evangelist, states: “We’re excited to partner with Kjetil Golid, whose unique blend of art and data perfectly captures the essence of Formula 1 racing. Velocity Series Season 2 promises a thrilling experience for collectors and racing enthusiasts alike.”

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🖼 Web3 Shooter Shutdown Mints Out Debut ‘Mongrel NFT’ Collection

Web3 action-shooter title Shutdown, backed by Morningstar Ventures, has seen its first NFT release – titled the Mongrel Collection – mint out, ahead of their upcoming token launch. 1,750 free-to-mint NFTs were available, and all were distributed, with over 1,000 Mongrel NFTs claimed through guaranteed spots on OpenSea. Shutdown’s $FUSE token is set to launch later in 2024.

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NFTs | OpenSea | News

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🖼 Bitcoin Blockchain Records $3.82 Billion in NFT Sales, Secures Fourth-Largest Spot

In the first week of June 2024, data revealed that the Bitcoin blockchain generated $3.82 billion from NFT sales. Although NFTs on Bitcoin were previously available through technologies like Counterparty, the introduction of Ordinal inscriptions has significantly increased the popularity of BTC-based NFTs, even amid a general decline in the digital collectibles market. The $3.82 billion has positioned BTC within the top five blockchains for NFT sales, securing the fourth spot just below the Ronin chain.

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NFTs | OpenSea | News

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🖼 Magic Eden NFT Volumes Top Bitcoin, Ethereum, and Solana Networks

Non-fungible token (NFT) marketplace, Magic Eden has recorded an uptick in trading volumes across Ethereum, Bitcoin, and Solana networks in the last 24 hours. This boost comes as decentralized finance (DeFi) activities surge following increased market sentiments. Magic Eden notched volumes increasing its market share. Magic Eden has surpassed NFT marketplace Blur on Ethereum. The platform’s market share surged to 41.39% outpacing Blur at 38.84%.

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NFTs | OpenSea | News

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