Tag: NFT

US-Based Crypto Exchange Kraken Officially Rolls Out New NFT Marketplace

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Crypto exchange Kraken is announcing that its new non-fungible token (NFT) marketplace is now available for the general public following months of testing the platform with a select group of users. The San Francisco-based firm rolled out the beta version of Kraken NFT in November, saying it would use user feedback during this phase to develop the platform. In a blog post published on Thursday, the exchange says the marketplace is officially ready to launch. “Since first opening Kraken NFT to beta testers, we’ve been building new features, adding more…

Kraken NFT exits beta, Coinbase ‘Stand with Crypto’ gains support, and more

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Kraken NFT marketplace exits its beta phase Crypto exchange Kraken has announced that its nonfungible token (NFT) marketplace has exited its beta phase. Along with the launch, the NFT platform highlighted that it has expanded its number of NFT collections. The platform noted that it went from supporting 70 collections to over 250. According to Kraken, it will continue adding even more collections into its marketplace.  We are launching out of BETA! #KrakenNFT is your gateway to buying, selling & learning about NFTs! Browse 250+ collections⛓️ Polygon blockchain IntegrationReddit Collectible…

NFT Inspect Releases NFT Chrome Browser Extension

“Twitter has emerged as the central communication platform for all things crypto and NFTs, where industry news, project updates and community discussions take place in real-time,” president of NFT Inspect Oliver Cohen told CoinDesk. “However, we noticed a lack of comprehensive tools that could harness the power of Twitter and provide users with a complete solution for tracking, analyzing and engaging with the crypto and NFT ecosystem.” Source

NFT platform Enjin forks Polkadot parachain Efinity to new mainnet

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Nonfungible-token (NFT) protocol Enjin has announced its transition into a new mainnet called “Enjin Blockchain” with the aim of furthering Web3 adoption. Following the transition, its Polkadot parachain called Efinity has also been forked into the new blockchain.  In an announcement sent to Cointelegraph, the Enjin team highlighted that the Enjin Blockchain will differ from other blockchain solutions that rely on smart contracts. According to Enjin, functions like creating and transferring NFTs will be integrated into the blockchain’s foundational code. Apart from these, the blockchain also presented new features. This…

‘Stand With Crypto’ NFT Spreads Amid SEC Crackdown

“We stand united with the crypto community in our efforts to advocate for sensible crypto policy in the U.S.,” a spokesperson for Coinbase told CoinDesk. “The Stand with Crypto commemorative NFT is a symbol of unity for the crypto community – representing our collective stand to protect and promote the potential of crypto in the United States.” Source

Louis Vuitton introduces NFT collection featuring $42k ‘VIA Treasure Trunk’

Luxury fashion house Louis Vuitton ventures further into the web3 realm with the introduction of an NFT release featuring their iconic Trunk, known as the “VIA Treasure Trunk.” This exclusive serves as a gateway for LV collectors, granting them access to immersive experiences and limited drops scheduled throughout the year. Where digital meets physical Louis Vuitton, the renowned French luxury fashion house, is preparing to launch a physically-backed non-fungible token (NFT) collection known as VIA Treasure Trunks, introducing luxury NFT offerings exclusively available to privileged members.  The LV Trunk, known for its…

Agoria Empowers Fans with NFT Ownership in Upcoming Album Launch

Agoria is revolutionizing the music industry by granting fans ownership rights to his upcoming album through NFTs, creating a unique and immersive experience for his audience. Renowned French DJ, producer, and NFT artist Agoria is spearheading a groundbreaking initiative that challenges the traditional norms of the music industry. In an exciting move, Agoria is giving fans the chance to own his upcoming album through non-fungible tokens (NFTs). This innovative approach not only bridges the gap between the artist and their fans but also transforms the concept of ownership in the…

Blue chip collaterals help stabilize NFT lending: Paraspace

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According to a recent report published by nonfungible token (NFT) money market protocol Paraspace and multichain wallet BitKeep, the current amount of NFT borrowing and lending, or NFTFi loans, has surpassed $430 million across 43,521 borrowers. The highest proportion of collateral comprised the most popular NFT collections, such as Wrapped CryptoPunks, Bored Ape Yacht Club and Mutant Ape Yacht Club. Researchers at Paraspace and BitKeep said that NFTFi added $25 million in outstanding loans from January to March. Also contributing was the introduction of a digital collectible lending protocol by…