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🖼 Cardano Inrtoduces CIP25 Metadata Validation, Enhances NFTs
Cardano ($ADA) has recently introduced Plutus script validation of CIP25 metadata, a technical enhancement aimed at improving the functionality of NFTs and AMMs within its ecosystem. Sebastien Guillemot, Co-founder of Paima Studios, announced the new capability on X. This technical improvement addresses a previous limitation in accessing transaction metadata from Plutus, which had hindered the development of dynamic NFTs and AMMs.
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NFTs | OpenSea | News
🔫 Metaverse to Supercharge Upcoming Industrial Revolution: World Economic Forum
The metaverse technology, that creates hyper-realistic virtual ecosystems, is grabbing the attention from the manufacturing sector in the US. This detail has been disclosed in a recent report published by the World Economic Forum (WEF). The metaverse is poised to supercharge the upcoming phase of the industrial revolution, the report says. Compatible with cryptocurrencies and NFTs, the metaverse technology can provide virtual destinations for people to visit as avatars.
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NFTs | OpenSea | News
🖼 Upcoming ‘Shatterline’ Game to Feature HV-MTL NFT Mech Suits From Yuga Labs
After a change of ownership this spring, the HV-MTL NFT mech suits minted on Ethereum—which were originally created by Bored Ape Yacht Club maker Yuga Labs—are set to be featured in a glossy, free-to-play arena shooter called Shatterline. Faraway, a gaming startup that still works closely with Yuga and purchased the HV-MTL and Legends of the Mara IP in April, teased the collaboration this week on Twitter (aka X).
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NFTs | OpenSea | News
🔫 Six Flags’ new metaverse experience offers virtual coasters, interactive games
Six Flags has launched its new metaverse experience in Roblox, offering virtual coasters, Fright Fest mazes and interactive games. The platform in Roblox utilises proprietary ‘Coastercoin’ software by technology company Digital Twin. This lets users collect the coins and redeem them for Six Flags rewards and activities at Six Flags parks.
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NFTs | OpenSea | News
🖼 NSAV Announces Integration of MadHatter NFTs
Net Savings Link, Inc. a leading cryptocurrency, blockchain, and digital asset technology company, announced today the integration of MadHatterNFTs.com with the VAULT. Mad Hatter Non-Fungible Tokens (MHNFTs), now accessible via the VAULT, offer significant benefits for identification, verification, and security gating due to their unique properties and underlying blockchain technology.
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NFTs | OpenSea | News
🖼 Octonauts Lawsuit Accuses Companies of Unauthorized Spin-offs, NFT Sales Without Payment
On Monday, June 17, 2024, Meomi Design, Inc. and Immedium, Inc. filed a complaint against Vampire Squid Productions, Ltd. and Wanda Kids Cultural Development Co. Ltd. in the United States District Court for the Southern District of New York. The complaint alleges breach of contract and details numerous violations of intellectual property rights relating to the globally popular children’s franchise Octonauts.
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NFTs | OpenSea | News
🖼 ONTO Wallet Partners with Fiat24 for NFT-Powered Digital Banking
ONTO Wallet has partnered with Swiss fintech Fiat24 to offer NFT-powered digital banking services. Users can now open Swiss IBAN accounts within the ONTO app and manage their tokens seamlessly. This partnership integrates Web3 technology into real-world applications. It also highlights the potential of decentralized identity (DID) systems in revolutionizing digital banking.
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NFTs | OpenSea | News
🖼 NFT Sales Volumes Crumble By 45% Quarter on Quarter: Data
According to data from Cryptoslam, the NFT market experienced a significant decline in monthly volumes during Q2 compared to the first quarter of 2024. Sales volumes in Q2 fell by 45% quarter-on-quarter. In the first quarter of 2024, total sales volumes in the NFT market exceeded $4.1 billion, a substantial increase from the $2.9 billion recorded in Q1 2023. However, in Q2 2024, NFT volumes experienced a significant downturn, reporting a quarterly volume of approximately $2.28 billion, the lowest since Q3 2023.
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🖼 NFTS IN VIDEO GAMES THE FUTURE OF IN-GAME ASSETS AND COLLECTIBLES
Non-fungible tokens (NFTs) have gained significant attention in recent years, particularly in the art and entertainment industries. However, their potential impact on video games is arguably even more transformative. As digital assets that represent ownership and authenticity, NFTs offer a new way for gamers to own, trade, and monetize in-game items and collectibles. This article explores the role of NFTs in video games, the benefits and challenges, and what players can do to prepare.
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NFTs | OpenSea | News
🖼 Vendetta Games Launches NFT Crafting System in Chalk River
Web3 game publisher Vendetta Games has launched a new NFT crafting system within its upcoming Wild West-themed RPG title, Chalk River. The system aims to enrich gameplay by offering players more customization options and economic opportunities within the game, allowing players to craft items using materials obtained from Loot Box NFTs, including leather, metal ores, and rare gold nuggets. Players can create both cosmetic enhancements and functional gear, such as improved weapons or character accessories.
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NFTs | OpenSea | News
🖼 NFT investor Animoca Brands eyes going public in 2025: report
Animoca Brands, a blockchain software and investment firm, is reportedly considering an IPO in Hong Kong or the Middle East in 2025 as the region signals its willingness to embrace more crypto investors. In an interview, Animoca Brands co-founder Yat Siu revealed that the Hong Kong-based web3 firm valued at nearly $6 billion in 2022 has already held talks with investment banks. However, it has yet to choose an adviser, Siu added.
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NFTs | OpenSea | News
🖼 CryptoPunks leads daily NFT sales with over US$1.34 million
CryptoPunks topped CryptoSlam’s daily NFT chart on Tuesday with US$1.34 million in sales. This surge in sales was driven by six unique buyers and sellers, with an average price of US$224,950 per NFT. The second-ranking collection for the day was NodeMonkes, a Bitcoin collection that saw a total of US$881,042 in sales across 84 transactions, involving 72 unique buyers and 60 sellers.
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NFTs | OpenSea | News
🖼 Marc Cuban wallet seen dumping NFTs after 2 years of inactivity
A crypto wallet belonging to billionaire Marc Cuban was spotted selling non-fungible tokens (NFTs) after being inactive for almost two years. On June 23, the American investor’s wallet with the Ethereum Name Service (ENS) domain “markcuban.eth” began dumping NFTs. The works ranged from EulerBeats Genesis and DeepBlack NFTs to Pudgy Penguins and Wrapped MoonCats.
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NFTs | OpenSea | News
🖼 RWA platform Swarm Markets to offer tokenized gold via NFTs as MiCA stablecoin rules begin
With a little more than one week before the EU's Markets in Crypto-Assets Regulation's (MiCA) stablecoin rules take effect, one real-world asset (RWA) platform sees a way to offer an asset-backed toke: issuing a gold-backed NFT. Berlin-based Swarm Markets is planning to let individuals purchase NFTs that represent ownership of physical gold, according to a release shared with the block. The gold bars undergirding the tokenized assets will be held in a London-based Brink's vault.
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NFTs | OpenSea | News
🔫 University Of Strathclyde Launches Pioneering Virtual Charity Shop In The Metaverse
Scotland’s largest health charity has teamed up with university researchers to create a charity shop in the metaverse. Chest Heart & Stroke Scotland (CHSS) is believed to be among the first UK charities to set up shop in the virtual world to raise vital funds. Researchers from the University of Strathclyde’s Business School (SBS) are working with the organisation’s management, volunteers, and customers to understand their requirements, before building and launching a CHSS metaverse and digital assets.
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NFTs | OpenSea | News
🖼 Glenfiddich & BlockBar To Auction Single Cask Whisky NFT To Be Redeemed For Bottles
Glenfiddich Distillery is releasing a rare 1985 cask bottling, with just 150 bottles estimated to be yielded from the cask. The whisky, which will be auctioned via NFT platform, BlockBar also comes with a VIP distillery experience and an overnight stay at a William Grant & Sons house on Glenfiddich’s estate. According to a brand press release, the lot is estimated at £750,000-£1,200,000.
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NFTs | OpenSea | News
🖼 HV-MTL NFT Ethereum Mechs Enters the Arena in FPS ‘Shatterline’
Game studio and publisher Faraway recently teased the introduction of HV-MTL Ethereum Mechs into the arena shooter ‘Shatterline’ following its acquisition of the HV-MTL and Legends of the Mara IP from Yuga Labs earlier this year. The HV-MTL NFT mech suits, originally created by Yuga Labs and minted on Ethereum, will be integrated into the free-to-play first-person shooter title. Faraway revealed this integration through a trailer on X, showing the pixelated mechs transformed into 3D companions that assist players during gameplay.
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NFTs | OpenSea | News
🖼 NFT market had its best quarter since early 2023, DappRadar says
Non-fungible tokens (NFTs) witnessed their best quarter in Q2 as the sector of digital collectibles saw a 28% increase in sales count, reaching levels last seen in Q1 2023. In a recent research report, analysts at DappRadar revealed that NFTs recorded $4 billion in trading volume in Q2, marking a 3.7% increase compared to Q4 2023.
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NFTs | OpenSea | News
🖼 Ubisoft is still trying to make NFTs happen
Ubisoft has been keeping relatively quiet about its various blockchain initiatives after debuting its controversial 'Quartz' NFT platform in 2022, but the French publisher isn't tapping out just yet. The company, which previously claimed that players simply didn't understand its NFT machinations, partnered with Immutable in November last year to create a new title on the blockchain.
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NFTs | OpenSea | News
🖼 ZachXBT Reports BAYC & Beanz NFT Worth Over $235k Hacked
A recent report by blockchain investigator ZachXBT shows that one NFT user lost 6 Bored Ape Yacht Club (BAYC) and 40 Beanz Non-Fungible Tokens (NFTs). At the time of this writing, no official investigations have been channeled to recover the drained NFTs. BAYC and Beanz are some of the most popular NFT collections in crypto. BAYC ushered in the NFT mania with the likes of Justin Bieber pouring $1.3 million into one Ape.
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🖼 Japan-based SBI Group launches NFTs on XRP Ledger for World Expo 2025
SBI Group of Japan has issued non-fungible tokens (NFTs) on the XRP Ledger in anticipation of the upcoming World Expo 2025 in Osaka. This is intended to enhance the quality of interactions among attendees by utilizing blockchain technology, according to the company’s perspective. This has successfully captured the attention of crypto enthusiasts.
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NFTs | OpenSea | News
🔫 Six Flags Embarks on Digital Adventure with Metaverse Launch on Roblox
Six Flags, renowned for its theme parks and water parks, has ventured into the metaverse with the launch of a new experience on Roblox, which includes an innovative rewards program. The Six Flags Metaverse on Roblox offers users virtual roller coasters, mazes, and games, aiming to blend digital and physical experiences seamlessly. This initiative reflects Six Flags’ commitment to creating immersive experiences that expand the thrill of their parks into the digital realm.
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NFTs | OpenSea | News
📁 NFT Sales Defy Crypto Market Downturn, Rising 4.52% This Week
Despite a general decline in cryptocurrency markets this week, non-fungible token (NFT) sales rose by 4.52% compared to the previous week. NFT sales totaled approximately $101,467,710 over the past seven days, with Ethereum-based digital collectibles dominating the market.
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NFTs | OpenSea | News
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🖼 Huge decline in NFT sales in recent years
According to data of CryptoSlam NFT sales reached $4.1 billion in the first quarter of 2024, which is significantly more than the $2.9 billion recorded in the last quarter of 2024. However, the second quarter of this year saw a sharp decline in the market. Billionaire Mark Cuban's crypto wallet, after nearly two years of inactivity, recently sold various NFTs, totaling approximately $38,500. He has also listed two NFTs for sale with a total value of over $66,000.
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🖼 Yamakoshi Village Innovates with NFTs for Community Development
The village of Yamakoshi in the Niigata mountains in Japan has found a new way to fund its development through the use of non-fungible tokens (NFT). Initiated in 2021, the Neo-Yamakoshi Village project has attracted 1,700 “digital citizens” who purchased Nishikigoi NFTs, raising over 3,000. The digital assets are the identifiers and governance tokens that allow people to take part in decision-making based on the village’s distributed autonomous organization (DAO) procedures to give voters a say in the community’s outcomes.
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🖼 Truth Arts Launches A New Platform Letting NFT Holder Move NFTs Across Ethereum Chains
Truth Arts, the digital asset incubation studio and the company behind the popular Goblintown and Illuminati non-fungible token collections has launched a new platform that lets non-fungible token holders bridge their NFTs across the Ethereum ecosystem. In a June 24 blog post, Trust Arts, also known as Truth Labs, confirmed launching a new platform, Portals, that gives the Illuminati and Goblintown communities the power to bridge their non-fungible token collections across several supported chains in the Ethereum ecosystem.
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🖼 MetalCore Closed Beta 3 introduces NFTs and Web3 integration
Studio369 has announced the launch of the third Closed Beta (CB3) for its massively multiplayer online game (MMO), MetalCore, set to begin on June 27. This beta phase will introduce several updates, including integrating non-fungible tokens (NFTs) and Web3 technology into the gameplay. Dan Nikolaides, MetalCore’s chief technology officer and former software engineer at Midway and WB Games spoke to Cointelegraph about the transition from Web2 to Web3.
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NFTs | OpenSea | News
🖼 NFT collector swoops 21 CryptoPunks in $4.4m spending spree
An NFT collector has purchased 21 CryptoPunks in a massive ‘floor sweep’ that cost an estimated $4.4 million (1683 ETH). The buyer – infamous NFT collector ‘9x9x9‘ – purchased the 21 CryptoPunks through an NFT aggregation service called Gem.xyz, which allowed them to save on gas fees and complete the purchase of multiple CryptoPunks in one transaction. The collector also took to Discord to discuss a potential buyout of CryptoPunks creator and parent company Larva Labs, saying that they’re “seriously interested in all the bags they hold“.
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NFTs | OpenSea | News