Nft news

The Trumps have returned with another set of NFTs. Just two months after former US President Donald Trump released a second batch of his NFT trading cards , effectively destroying the value of the previous set, his wife Melania has released a set of NFTs inspired by the impending Independence Day holiday. Melania Trump’s Solana-based NFTs, dubbed “The 1776 Collection,” rely on well-known American imagery, such as photographs of the Statue of Liberty and Mount Rushmore connected to animated signs. Each digital collectible costs $50 and comes in seven different designs, with a total run of 3,500 NFTs. Melania Trump’s Twitter account shared the company’s message about the sale this morning, and the NFTs are being offered through a website called USA Collectibles. The website also sells “POTUS TRUMP” NFTs with images of the former president and his wife. Although it is not specified on the NFT website, a Fox News report claims that an undisclosed portion of sales would fund Fostering t

The NEAR Foundation, the non-profit responsible for the ecosystem development of the NEAR protocol, has partnered with Alibaba Cloud, the computing and storage arm of the Chinese tech behemoth, to accelerate Web3 growth in Asia and the Middle East, the organization announced on Monday. The company stated that the partnership grants the NEAR Foundation access to Alibaba Cloud’s developer ecosystem in Asia and the Middle East in an effort to entice more developers to build on the NEAR protocol. Using Alibaba Cloud’s “plug-and-play” infrastructure as a service, developers who wish to establish new NEAR validators will be able to do so. According to a press release, the NEAR Foundation and Alibaba Cloud will offer remote procedure calls (RPC) as a service to developers and consumers in the NEAR ecosystem. RPC is a type of server that enables users to receive information from blockchains and send transactions to various networks. It will also feature multi-chain indexing to provide deve

Sotheby’s has announced that it will use a Dutch auction format for the first time in its 300-year history for a digital sale honoring the renowned artist Vera Molnár. The auction will inaugurate the introduction of the auction house’s Gen Art Program powered by Art Blocks’ Art Blocks Engine — a generative art solutions platform that provides technical infrastructure support for brands seeking to expand their generative minting capabilities. The sale, titled Themes and Variations, is the artist’s largest on-chain generative art project to date and will be conducted exclusively on-chain via Sotheby’s Metaverse on July 26. It will feature an exclusive series of 500 one-of-a-kind artworks that expand upon Molnár’s 1960s-era forays into algorithmic art. The artist’s work is distinguished by the incorporation of letters as pure abstract forms combined with an appreciation for chaos. Martin Grasser, a renowned generative artist and creative programmer, assisted Molnár in realizing her vis

The aesthetics of the Azuki Elementals, which have Wizard of SoHo quipped, “Azuki stole their own artwork, wtf.” The Milady Maker NFT project’s co-founder, Charlotte Fang, described the Azuki Elementals artwork as being “basically identical” to that of the original collection. Blue chip bagholders stunned, she continued. It appears that there has also been a widespread sell-off of those NFTs due to concerns that the Elementals collection will diminish the attraction and value of the original Azuki project. According to information from NFT Price Floor, the floor price for Azuki—the lowest NFT listed on a secondary market—has decreased by around 32% over the last day, to a current price of 9.35 ETH (about $17,650). Azuki was able to simultaneously destroy the perception of the genesis and the new collection. Extremely impressive,” tweeted Solana Legend, managing partner at Frictionless Capital, using a fictitious name. Some collectors suspect that Chiru Labs intentionally faked out

On Friday, a portion of the unrevealed 20,000-edition NFT collection was airdropped to holders. The popular non-fungible token (NFT) collection Azuki is unveiling a new collection inspired by the Azuki ecosystem’s elements. The Azuki Elementals sale opens on Tuesday, June 27 at 9:00 AM PT. ⁰Elementals will be available to reveal immediately after sale ends. Full details below. pic.twitter.com/hKBwzIUE58 — Azuki (@Azuki) June 25, 2023 Azuki Elementals will include 20,000 NFTs based on the four Azuki elements of earth, fire, electricity, and water, according to a press release. The collection features varying degrees of rarity characteristics, which will be unveiled upon minting. The sale, which commences on Tuesday as a Dutch auction, will begin at 2 ETH (approximately $3,800) and will initially be accessible to holders of Azuki NFTs or BEANZ – an additional Azuki derivative collection. The price will decrease by 0.1 ETH, or $187, every five minutes until all 10,000 remain

The rise of non-fungible tokens, or NFTs, has brought hype to the digital market. These unique digital tokens that are distinct, verifiably scarce, and non-fungible have unlocked new possibilities for digital ownership and business for both creators and investors. NFTs cover various sectors, such as art, gaming, collectibles, virtual real estate, etc. Thus, the NFT community is growing fast, and its members need to keep up-to-date with the latest concepts in the market. One of the important issues to learn before joining the NFT market is the concept of NFT floor price. Understanding NFT floor price enables you to further assess the demand and supply of NFTs and make more informed decisions about buying and selling NFTs in a market with lots of price fluctuation. In the following, we provide a comprehensive guide on NFT floor price, explore its significance, and discuss the most influential factors on the floor price of an NFT. What is an NFT Floor Price? The floor price is common

Cristiano Ronaldo and Binance have revealed the release date and location of their second NFT collection, ForeverCR7: The GOAT. The ‘Greatest of All Time’ (GOAT) collection will be available on Monday, July 3 as the next chapter in Ronaldo and Binance’s multi-year cooperation. The ForeverCR7: GOAT NFT collection honors Ronaldo’s reign as the all-time leading goal scorer, with 838 career goals. With over 29,000 NFTs, fans can ‘own’ the amount of goals and create lasting memories from career-defining events, along with exclusive awards and incentives. Memorable goals, such as #806, which officially made him the top goal scorer of all time, or #649, Ronaldo’s self-proclaimed best bicycle kick, will now be immortalized in digital collectible form. “Since the first drop was the most successful Athlete NFT collection ever, we wanted to innovate and create more value for our community with this second collection,” said Yi He, Binance’s co-founder and chief marketing officer. “Binance’s CR7

After weeks of testing, Zora, a platform for making NFTs, started its own Ethereum layer-2 scaling network today. It’s made to help artists and producers save money and have a better time using it. It was first shown in May on a mystery website that called it “pure internet” and gave it the name “Zora Network.” Free and worth it. Connection and resonance. Free and open. Gaining freedom and growing. For all the world.” It is protected by the Ethereum blockchain, built on the tech stack of the layer-2 scaling network Optimism, and is already used by more than 35 platforms, such as the on-chain music platform Sound, the wallet service Rainbow, and the Web3 app toolkit Thirdweb. https://t.co/L4JGJMT51w pic.twitter.com/2BjPUAiFOh — ZORA (@ourZORA) May 25, 2023 “Over the past six months, we’ve been reaching the upper limit of Ethereum mainnet,” said Jacob Horne, CEO and co-founder of Zora, in an interview with Decrypt. “We have 880,000 collectors and have made millions of NFTs, a

Yuga Labs, the company that made Bored Ape Yacht Club (BAYC) and the newly released Legends of the Mara, has said that 30,000 HV-MTLs have made their way to the BAYC. These NFTs, which came from the mysterious space-time rift, will be very important in the fight that is coming. The HV-MTL NFTs will start a new part of the story called “It Came Through the Rift,” which will begin in April and move the bigger story forward. In May, a game based on the new NFTs will come out. HVs, pronounced “heavy,” are developing mecha NFTs that take different shapes based on what the user does. Each NFT will have a unique attitude, set of skills, and job responsibilities. Because of how they are changed, no two HVs will be the same. At the moment, there are eight types of HVs, each with its own set of characteristics. The 30,000 NFTs are made up of the following: 1 Legendary 248 Holo 998 Reaver 2999 Celestial 4999 Knight 5999 Bio 6999 Dynamic 7749 Glitch HV owners are invited to an HV-MTL

Teddy DAO will conduct a daily auction of teddy bear NFTs in partnership with the fundraising platform JustGiving, allowing buyers to donate proceeds to a charity of their choosing. The Web3 software company Lucky Friday introduces Teddy DAO, a collection of non-fungible tokens (NFTs) whose sale proceeds are donated to charity. Together with the global fundraising organization JustGiving, Teddy DAO intends to use cryptocurrency as a funding mechanism to promote global social impact. Beginning on June 23, Teddy DAO will run daily auctions for one of its teddy bear non-fungible tokens, which were designed by digital artist Yumi and issued on the cross-chain smart contract platform Moonbeam. The auction victors can then donate the proceeds to one of the 400 charities supported by JustGiving, after which the cryptocurrency is converted to fiat currency and donated via the platform. In the future, Teddy DAO intends to utilize the 450,000 JustGiving-supported charities as part of its

MSquared (M2) is a creation toolset for interoperable online worlds that consists of a network, technology stack, and metaverse markup language (MML) for the creation of digital assets and experiences within these worlds. In other words, it is a metaverse creation engine and part of what Improbable co-founder and CEO Herman Narula referred to as a “stupidly ambitious project” and a “network of metaverses.” Friday, Improbable, which was reportedly valued at $3 billion when it raised funding last autumn, granted early access to its MSquared tools and made the MML accessible to developers by open-sourcing it. People are already experimenting with the tools in the Construct metaverse ecosystem and sharing their creations. The earliest Otherside demonstrations, which Narula said were created in collaboration with Bored Ape creator Yuga Labs, are the most prominent examples of the technology’s capabilities to date. And indeed, as GG described in April, being among thousands of live parti

Ethscriptions offer a new method for minting NFTs on Ethereum, inspired by Bitcoin Ordinals . With the introduction of a new protocol, Ethereum users now have a second option for creating nonfungible tokens (NFTs) and other digital assets on the blockchain. The June 17 launch of the “Ethscriptions” protocol is a reference to the Bitcoin $26,409 Ordinals protocol, where assets are known as “inscriptions.” Ethscriptions was created by Tom Lehman, the co-founder of the music website Genius.com, who employs the alias Middlemarch on Twitter. Lehman stated in a series of tweets on June 17 that the project was a “huge success” and that nearly 30,000 Ethscriptions had been created within the first 18 hours of the protocol going live. With almost 30k Ethscriptions in <18 hours, the launch was a huge success! Thank you for seeing the massive potential here! I am on Ethscriptions 24/7, but I need your help! DM @proroketh to join our protocol Twitter chat. Ideas, bug reports, NO

Several factors influence the interest in NFTs, including the popularity of blockchain technology, growing interest in cryptocurrencies, and interest in digital art and collectibles. However, the growth of the NFT market brings about legal risks and issues associated with non-fungible tokens as digital assets. The NFT market is crowded with lots of NFT projects which makes investors think carefully before buying a digital asset due to the high risk of fraud. Most NFT investors are not fully aware of the legal risks and issues associated with NFTs, though there is currently little legal protection for investors in the NFT market. In the following, we aim to inform our readers about legal issues and risks associated with NFTs and the market they may face in 2023. Copyright Infringement One of the most important issues for an NFT creator is to know the rights they acquire by creating a non-fungible token. If an NFT is produced based on someone else’s work or idea without their conse

Online Blockchain plc, which is a company that conducts research and development related to blockchain technology, has declared that it will soon release a collection of NFTs that have been influenced by The Rocky Horror Show. The initial NFT, TimeWarp, is scheduled to launch on OpenSea at 8 a.m. ET on June 19th. The Rocky Horror Show is a really cool musical that mixes science fiction, horror, and rock music. It’s famous for talking about sex and being yourself. Since its debut in 1973, this thing has become a cultural phenomenon because of how the audience gets involved and how much people still like it. It started on stage and even became a cult film. There are 50 NFTs in the collection that are based on the 50th anniversary of the famous show. The TimeWarp NFT, which is a new type of digital asset, features the iconic “blood drip” font that is associated with the famous stage show. The rarity, which is the first of its kind, will have a listing price of 0.1 ETH. The remaining 49

This week, tokens related to digital worlds and NFTs experienced a significant decline after the SEC classified several of them as securities in its legal action against Coinbase and Binance. One week after the American regulator filed the cases, certain tokens that were mentioned now make up the majority of the top ten losers in the top 100 crypto tokens on CoinGecko based on market capitalization. Some of the examples are Chilliz (CHZ), Flow (FLOW), Axie Infinity (AXS), and The Sandbox (SAND). On a weekly basis, they experienced losses of approximately 25%. The SEC claimed that CHZ, FLOW, SAND, and Decentraland (MANA) were securities in the complaints against Binance and Coinbase. APE wasn’t mentioned in the lawsuits last week, but the SEC had already investigated Yuga Labs, the creators of APE. The lawsuits arrived at a really bad time for metaverse tokens because they coincided with the release of Apple’s virtual reality (VR) and augmented reality (AR) headsets. Earlier thi

Arianee, a company that deals with Web3 infrastructure, is currently working on providing brands such as Lacoste and Panerai with the capability to generate an improved NFT. Pierre Nicolas Hurstel, the CEO of Arianee, said that a superior NFT is the core of our work. “We’ve taken the standard of ERC-721 and we’ve super packed it with six smart contracts on top. Allowing anyone, any brand, any developer to create an NFT that is natively dynamic and CRM [Customer Relationship Management] ready.” Arianee is a solution that allows brands to create NFTs without requiring advanced technical skills. It is a white-label solution. NFTs that are dynamic have the ability to change due to a membership reward or a real-world event. Hurstel mentioned that the “time stamping feature” can be obtained using “easy APIs” that are familiar to both Web2 and Web3 users. So, like, if you own an NFT, the issuer can message you directly to let you know about any news or upcoming drops related to the colle

Santo Spirits, which was co-founded by Sammy Hagar, a Grammy award-winning musician, and Guy Fieri, a well-known television chef, has joined Web3 to establish a customer loyalty program that revolves around NFTs. Today, the Santo Spirits Club will be launched on Near Protocol. Those who sign up will receive a mystery NFT as a reward. If you’re one of the first 1,000 customers, you’ll get an extra NFT as a surprise bonus. ¡Arriba, abajo, al centro y pa’ dentro! Join Sammy and Guy in a toast to good friends, great times, and even better tequila. #NationalBestFriendsDay pic.twitter.com/qhrSdag25j — Santo Spirit (@santo_spirit) June 8, 2023 We will get to know about the NFT’s usefulness when Santo Spirits releases its new Añejo tequila in the upcoming weeks. The tokens are going to be divided into three tiers: general, limited, and rare. Each level has different benefits such as a virtual tequila tasting hosted by Fieri or Hagar, autographed guitars, and other VIP experiences

The introduction of Apple’s mixed reality Vision Pro headset on Monday rekindled the metaverse debate. Louis Vuitton committed to a long-term Web3 presence for high-impact clientele the same week. In order to expose cosmetics brands to the metaverse, Cult’s creative agency is hosting Metaverse Beauty Week, a five-day event. It demonstrates how creative and immersive virtual marketing can be advantageous for consumer brands. The majority of Decentraland and Spatial events, such as MFW, will be held at MBW. Roblox programming will be a part of this event, though. That’s important. Decentraland, a Web3 native metaverse platform, boasts 10,000 daily users, compared to Roblox’s 66 million. Attendees of the MBW can play pop-up games and have experiences with a beauty theme all week long on Decentraland, Spatial, and Roblox. Similar to MFW, Spatial and Decentraland will share portals. Special access is needed to use Roblox, a closed, off-chain platform. The beauty firms represented on

Linda Dounia Rebeiz’s next web show, IN/Visible, starts Monday on Feral File and explores this weighty topic. Ten black artists include Dounia. Jah, Serwah Attafuah, Adaeze Okaro, Minne Atairu, Linda Dounia, Zoe Osborne, Arclight, AFROSCOPE, Nygilia, and Rayan Elnayal perform. These artists want to show AI’s bias against people of color. “The biases of AI, the biases of the internet, and the biases inherent in Western art history compound to create an environment where people of color, including black people, feel either absent or misrepresented by AI,” Dounia said. Multidisciplinary artist Dounia made her first NFTs in 2021. Her painting is inspired by her childhood in Senegal, where environmental change and globalization caused huge changes. Introducing In/Visible, a group show examining the biases in AI, curated by Linda Dounia Rebeiz June 12, 2023 14:00 UTC pic.twitter.com/5sRsO1J6LR — Feral File (@FeralFile) May 25, 2023 Dounia uses Generative Adversarial Networks (

During the crypto winter, Blur, Binance, and Astaria have added loan options to increase liquidity in NFT trading. NFTfi has both supporters and opponents. NFT lending is increasing while NFT trading volumes decreased in May. There are conflicting reviews. Combining NFTs with decentralized finance (DeFi), NFTfi is expanding. NFTfi provides NFT-collateralized loans, fractionalized tokens, and the rental or lending of NFTs to enhance the utility and liquidity of NFTs. What began as an opportunity to capitalize on the 2021 NFT bull run has gained traction as large Web3 companies have entered the market. Blend (Blur Lending), a peer-to-peer lending platform that allows users to borrow against their NFTs, was introduced in May by Blur, a prominent NFT marketplace. In three weeks, the Blur-inspired platform captured 82% of the NFT loan industry. Later, additional NFT lending systems emerged. Holders of Binance NFT Loan can use NFTs as collateral to borrow ETH. Joseph Delong, CTO of Sush

TOKEN2049 has revealed its initial group of renowned title sponsors and keynote speakers for its eagerly awaited comeback to Singapore. The TOKEN2049 event is scheduled to happen on September 13-14, 2023, just before the Formula 1 Singapore Grand Prix race weekend at Marina Bay Sands. The TOKEN2049 event is going to have more than 10,000 attendees from over 3,500 companies, which makes it the biggest event of its kind this year. The conference is happening again in Singapore, which shows that Asia is still very important for driving growth and innovation in the global digital asset ecosystem. TOKEN2049 will have more than 300 side events and networking opportunities in Singapore from September 11-17, following the success of its Singapore 2022 event. Alex Fiskum, who is one of the co-founders of TOKEN2049, expressed his excitement about the event’s successful comeback to Singapore. He mentioned that they have received a large number of ticket registrations and a lot of interest from

Blockchain-friendly French posh house Louis Vuitton ramps up Web3 efforts by presenting its iconic trunk as a digital collectible. As the fashion industry continues to accept the “phygital” change, the French luxury house Louis Vuitton announced the launch of the VIA Treasure Trunk, a digital version of its famous travel trunk. The digital world can match how exclusive ownership feels in the real world with blockchain technology. By providing an immutable, open and public infrastructure to prove ownership, blockchain made owning a piece of unique digital asset such as a nonfungible token (NFT) as satisfying as possessing its physical version. Physical things started giving birth to their equally unique digital twins on the blockchain, leading to the rise of the phygital trend in the Web3 era. Because of how digital ownership works, the first things to follow this trend are things that are more about how they look than how they work. This includes designer shops in the Metaverse and