Nft news

Loxely, the Co-CEO of Rug Radio was NFT News Pro next gust at NFT Paris 2023. Loxely was a strategic advisor for Rug Radio from mid-2020 until the middle of 2022 And in January 2023, he has been given the role of Co-CEO of Rug Radio. For those who haven’t heard about Rug Radio, it is a decentralized media organization, they launched their first NFT project, the media portfolio, just over a year ago. Rug Rdio team is creating constant content within the space. GM Morning Show with Farokh and representation of 50 other creators within the Web3 and NFT spaces are their a part of their activities in the space of NFTs. According to Loxely people know them for their Twitter space. “Rug Radio is an Omni Channel Media Platform; we create content, audio content,syndicate podcasts across multiple platforms, produce YouTube TikTok videos, and other media, but we are actively growing in all those verticals, representing new artists. growing more into conversations around traditional finance a

The Genesis Box, a tokenized collection of digital wearables that was auctioned off in June of last year, is now available as part of Doodles 2, the expanded sequel to the Ethereum NFT collection. Two digital clothing pieces (including footwear, accessories, and outerwear) plus a Doodles 2 beta access code are included in each Genesis Box. Holders may add the same colorful, whimsical flare to their full-body avatars that made Doodles so popular as profile photographs (PFPs). The Doodles 2 team revealed their intentions to make a sequel in June 2022, and this time they wanted to use millions of NFT avatars rather than only 10,000. Instead of Ethereum PFPs, the focus of the project is on user-created avatars, digital clothing that can be traded, and applications that span many blockchains. Genesis Box day is almost here. Pencils down, @burnttoast . Inside each, you'll find 2 Wearables and a Beta Pass. The box will be burned upon opening. Here’s the official link to get rea

Trump NFT trading cards typically do the worst in March, but a late-month surge tied to the indictment of former US President Donald Trump by a New York grand jury has pushed prices up and increased trading activity for the set. Trump NFTs rises 404% The cheapest listed NFT in the collection, or the floor price, is currently $1,023, a 24 percent increase from the previous day’s price, according to data from NFT Price Floor. The floor price on Thursday night nearly hit a record high, but fell short of the $1,079 reached in February after the news of Trump’s charge surfaced. Nevertheless, sales have skyrocketed since last night. The number of secondary trades has surged by 404% in the last 24 hours, as reported by CryptoSlam. The website brags that $184,000 worth of Trump NFT was sold the day before. There have been reports that Trump faces more than 30 charges for fraudulent business dealings. The indictment is still sealed, but the charges are expected to be made public soon. Trum

In less than a week, Magic Eden has captured more than fifty percent of the Ordinals inscription market. Bitcoin is currently acknowledged as a new frontier for exchanging digital collectibles as a result of the increasing popularity of Ordinals. As the landscape shifts, the Solana-based NFT marketplace Magic Eden has emerged as a new leader. The ordinals protocol’s popularity Since its introduction in January, the ordinals protocol, which allows content such as art and text to be inscribed on individual satoshis, the smallest unit of measure that Bitcoin can be divided into, has exploded in popularity as traders and developers become more familiar with NFT-like assets known as inscriptions. A little more than a week ago, on March 21, Magic Eden began trading inscriptions, and as of yesterday, it accounted for the majority of Ordinals trading volume across all platforms that handle them, according to a Dune dashboard created by an anonymous on-chain statistics enthusiast named D

Due to new regulations, Meta appears to be preparing to make significant adjustments to its advertising strategy in the European Union. According to a Thursday Wall Street Journal article, Meta may only provide European users the option to forego targeted ads on its platforms in favor of more broad categories like age and location by completing an online form. A January decision by the Irish Data Protection Commissioner (DPC), who penalised Facebook and Instagram €210 million and €180 million, respectively, for processing personal data in a manner that violated EU legislation, would lead to the significant shift. The internet company’s previous legal defense for utilizing user data for advertising was rejected by Irish authorities. It was predicated on the contract model, which holds that customers consent by using the service. By April, the business must have a new strategy in place. In response to the ruling, Meta announced in a blog post on Thursday, March 30, that beginning of

Art Blocks , a blockchain-based innovator in generative art, has sold over $1.4 billion in secondary market NFTs on external marketplaces. Today, the corporation introduced a dedicated secondary market, which may alter this situation. Art Blocks’ free secondary trades and creator royalty Art enthusiasts can now browse listed NFTs across all Art Blocks collections, whether they are published natively on the marketplace or aggregated from large platforms such as OpenSea or X2Y2. Free secondary trades are permitted on the Art Blocks marketplace, and creator royalty settings are honored. This is in contrast to Ethereum NFT platforms like as Blur and OpenSea, which make author royalties optional for traders with holdings greater than 0.5%. As a royalty, the inventor receives 5–10% of the secondary sale price. Premier generative art NFT project Erick “Snowfro” Calderon, founder and CEO of Art Blocks and designer of the “Chromie Squiggle” collection, has spoken out against OpenSea’s

At a meeting of the Treasury Committee on Wednesday, Finance Minister Jeremy Hunt said that the U.K. government wasn’t convinced of the need for an NFT made by the Royal Mint. In April, Rishi Sunak, who is now the prime minister but was then the finance minister, told the Royal Mint to make a token that could not be exchanged for money. But on Monday, the government announced that it had decided to give up on the project. “I think it’s a question of demand,” Hunt said. “I think we always want to be at the cutting edge in the U.K., in terms of new technology, but the world has changed significantly since then and we’re not convinced that the demand is going to be there in the same way.” CryptoSlam, a company that tracks blockchain data, says that the NFT market, which got a lot of attention from celebrities and the media, reached its peak in January 2022, when some days saw sales of $5 billion around the world. In the last 24 hours, only $44.3 million was made in sales. Content Sou

Legends of the Mara (LOTM) is an original 2D game that runs on ApeCoin . The game has the Otherside Koda collection and the Mara collection, which can evolve into Kodamara. Every Otherdeed holder starts LOTM by getting a Vessel NFT. The rest of the game is up to the player. Tales of the Mara is a new 2D strategy game that looks into the history and legends of Otherside. Each person who owns an Otherdeed will get a free Vessel, which will grow into a Mara over time. A Koda can be given to or taken away from an Otherdeed. The game will be powered by Apecoin. Soon, the claim and decoupling periods will start, and the game will begin in May. The floors have actually risen about 20% since the news came out. Introducing Legends of the Mara, a 2D experience with its own companion collection. Claim your Vessel, discover its potential, and forge your path. Otherdeeds with a Koda will be able to decouple in advance of the game launch. Step into https://t.co/PL6spHFERp and the below p

Tommy Hilfiger will launch a multi-metaverse hub at Metaverse Fashion Week, bringing interoperability closer. Tommy Hilfiger will build a spot in Decentraland that connects all of these platforms from March 28 to 31. This will let the company see how consumers react to many brand channels. Emperia, a virtual retail technology provider, designed the hub to match the brand’s TH monogram and provide a selection of goods. Buyers can find collectible POAPs and other NFTs, DressX-powered digital fashion, works by Web3 artist Vinnie Hager, AR virtual try-on choices, a photobooth, and an AI fashion design competition (the winner of which will be selected by Tommy Hilfiger). This monolith center lets users explore various metaverses in a digital Tommy Hilfiger jacket. Tommy Hilfiger’s designs reflect Metaverse Fashion Week Jemma Spiers-Ware, senior director 3D experience, digital product at PVH, says the Tommy Hilfiger design rules and brand identity have to be included. “Our two key symb

The U.K. Treasury has decided not to launch a government-backed non-fungible token (NFT) in order to make the country a major center for the cryptocurrency industry. The U.K. Prime Minister Rishi Sunak was supposed to release the coin when he was chancellor in April 2022, but the Royal Mint ran into trouble. The Royal Mint had previously announced plans for employing blockchain technology to track its gold supplies in 2017. Andrew Griffith, the economic secretary for the UK, said in a statement on Monday that the plans are not moving forward “at this time.” But the proposal will still be looked at. Harriet Baldwin, chair of the Treasury Select Committee, said that the government’s chief financial minister would be asked if issuing an NFT “remains the policy of his department.” According to the BBC, Baldwin highlighted economic uncertainties across the bitcoin business as a factor in sunsetting the collection. “We have not yet seen a lot of evidence that our constituents should be

In recent years, NFTs (Non-Fungible Tokens) have taken the digital world by storm, creating a new market for collectors and investors to buy, sell, and trade unique digital assets. With the growing popularity of NFTs, it’s natural to wonder about the number of NFT projects and owners out there. In this article, we’ll explore the latest statistics and estimates related to NFTs, including the number of NFT collections available in the market, the estimated number of NFT owners worldwide, the various NFT marketplaces , and the blockchain platforms that support NFTs. We’ll also look at the countries that have embraced the NFT craze and the reasons behind their growing popularity. With a market cap of over $11.3 billion, the NFT market surpasses the Gross Domestic Product of several small countries such as Somalia, Togo, and Kosovo. As NFTs continue gaining popularity and mainstream acceptance, keeping track of the latest trends and developments in this exciting new market is essential

Lee Mullican, a late artist whose paintings are part of the permanent collections at major museums such as the Museum of Modern Art (MoMA) and the Los Angeles County Museum of Art (LACMA), was also an early digital experimenter. Recently, some of Mullican’s works from the 1980s were tokenized and released as NFTs on the Feral File platform. The NFT art platform Feral File released “LeeMullican.PCX” on Thursday. It is a collection of 12 digital pieces that Lee Mullican made in 1987. Each piece was made with the PC Paintbrush app on an IBM 5170 in the titular file format and saved on 5 ¼-inch floppy discs. Mullican, who passed away in 1998, was 67 years old at the time. Each NFT includes the original PCX file and a scan of a 35mm photo slide that Mullican captured of his computer screen displaying the work. Feral File and the estate of the artist minted 20 editions of each piece for public sale, with a bundle of all 12 pieces initially sold for $2,400 and individual pieces sold for

Solanaland, the Metaverse storefronts platform built on Solana blockchain , has made headlines again with the announcement of its public pre-sale of $SLAND DEEP tokens. As per a press release from Global Wire, the pre-sale will start on March 28, 2023, and will be accessible to interested parties. This move is expected to increase Solanaland’s exposure to investors, leading to the development and expansion of the platform. The $SLAND token has already gained traction in the cryptocurrency community and is expected to attract more investors. Solanaland is a groundbreaking concept that offers 850 limited edition non-fungible tokens, each mapped to a customized virtual space within the Metaverse. Holders of Solanaland NFTs will be able to personalize their space by integrating original NFTs and fractional NFTs . They can also turn their space into a storefront. PinkSell, a Launchpad protocol, will be the platform for the upcoming ICO. This has created a buzz in the blockchain communi

Amazon appeared to affirm in an email to CoinDesk that digital tokens, an NFT gallery , and resale opportunities are coming to the site. CoinDesk received an email from an Amazon account that appeared to corroborate the existence of digital tokens and a gallery on the e-commerce platform on Friday afternoon. The conformation email was sent to De after an Amazon Prime Video channel subscription was automatically renewed. There have been weeks of rumors that Amazon will soon launch its own NFT marketplace , but the company has yet to comment publicly on the reports. In January, crypto news site Blockworks first reported on the concept, citing anonymous sources. The new “digital assets enterprise” would focus on “blockchain-based gaming and related NFT applications,” according to the report. The crypto website The Big Whale then issued a report earlier this month stating that the feature would be released on April 24. According to the article, which also cited anonymous sources, the

The NFT marketplace has partnered with Yield Guild Games, Game7, and Fenix Games to mainstream Web3 games. Magic Eden is moving into Web3 gaming by forming the Web3 Games Collective (W3GC) with a number of well-known companies and groups. The new industry group was announced at the annual Game Developers Conference in San Francisco on Friday. Its goal is to speed up the spread of Web3 gaming by using all of its members’ skills and resources. Members of the W3GC include the Web3 gaming decentralized autonomous organization ( DAO ) Game7, the Web3 gaming decentralized guild network Yield Guild Games, and the Web3 gaming developer Fenix Games. “We’ve seen an emphasis on infrastructure investment for blockchain games, and many teams are doing great work tackling important problems in the technology and services ‘stack’” said Steven Chen, core contributor at Game7. “A focus on bringing in more quality games and [intellectual property] will drive the sector forward, as we saw with PC,

Yuga Labs, the NFT giant responsible for the Bored Apes Yacht Clubs (BAYC) collection and the Otherside Metaverse, has announced the team commanders for the eagerly anticipated Second Trip event. Participants will be arbitrarily appointed to one of four teams for the Second Trip: Luster (yellow), Crimson (red), Veldan (green), or Glacial (blue). (blue). The commanders named by Yuga Labs offer a variety of skills and influence to their respective teams. Yesterday, Yuga Labs released a list of supported PFPs for the “Second Trip” to the Otherside. These initiatives will be allowed to participate in tomorrow’s eagerly awaited metaverse preview. Which PFP collections will be able to access the “Second Trip” into the Otherside? Yuga Labs partnered with a select number of leading NFT initiatives outside of the Yuga ecosystem in order to grant them access to the Otherside. “ Azuki, Chimpers, Cool Cats, Toadz, Deadfellaz, Forgotten Runes, Moonbirds, Nouns, Pudgy Penguins, Renga, Wolf Ga

As per a recent report published by DappRadar, the first quarter of 2023 witnessed a surge in NFT trading in virtual worlds, generating a trading volume of $311 million. Virtual land trading recorded an all-time high in this quarter, with 147,000 trades taking place, largely driven by the popularity of platforms such as Yuga Labs’ Otherside and MG Land. The report highlights a 237% increase in trading volume for Otherdeed NFTs, which are linked to land in the Otherside metaverse, reaching $222 million. One Otherdeed NFT even sold for a whopping 186 ETH, which was approximately $2.85 million at the time – the highest price ever recorded for virtual land. The announcement of the “Second Trip” for holders of Otherdeed NFTs by Yuga Labs likely contributed to its increase in trading volume. Other virtual world decentralized apps (dapps) that made the list of top dapps in the last quarter include The Sandbox, Axie Infinity, and Decentraland. However, lesser-known Createra Genesis Land t

Web3 has shifted its focus away from the Blur hype and onto Arbitrum, an Ethereum layer-two scaling solution. The company is launching its token airdrop (ARB) on March 23, and over 600,000 wallet addresses will receive just over a billion tokens. The minimum number of tokens you can receive in the airdrop is 625, while the maximum is 10,250. The airdrop is being promoted by Arbitrum as the company’s “official move” toward a decentralized autonomous organization ( DAO ). Decisions with far-reaching effects on the operation of the Arbitrum One and Arbitrum Nova networks will be put to ARB holders for a vote. Explore further If you haven’t already, you can go to the official website of the Arbitrum Foundation to see if you are eligible for the drop. You will be notified if you’re eligible after connecting your wallet. Then, the number of tokens you can claim will be displayed. According to Arbitrum’s Medium post, users were eligible if they bridged funds into Arbitrum One, conducte

The domain provider will make it possible for users to send each other encrypted messages, which will help Web3 initiatives build communities. Unstoppable Domains, a provider of Web3 domains, announced on Wednesday that it is launching Unstoppable Messaging, a platform that will enable users to send encrypted messages from their Polygon-based domains. Unstoppable Messaging wants to help Web3 projects build and grow their communities by letting users carry their digital identities across Web3 experiences. Holders can send messages to each other using domain extensions like .polygon, .nft, and .x. “Messaging for me is so powerful, because I came from Amazon Web Services where we always work backwards from the customer,” said Carter. “This product offering was completely driven from our partners, Polygon being one of them, and this enables them to do the messaging they wanted.” Unstoppable has rolled out a multitude of new features and forged collaborations to assist Web3 users in c