Tag: NFT

How NFT court summons could change the legal landscape

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RBB Lab, a technology development firm based in the Republic of San Marino, has utilized nonfungible token (NFT) technology to issue a court summons to a former employee and a contractor. RBB Lab CEO Enrico Rubboli told Cointelegraph that it summoned the two individuals to the Judiciary of Italy on claims of attempted extortion and aggravated defamation of the firm. The summons was “an order restriction that we are asking them to stop this campaign against us,” said Rubboli. This is the first time that an NFT has been used…

MoonPay to Offer ‘Soulbound’ NFT Loyalty Program

By leveraging this program, the firm will additionally try to develop white glove aid for people who need assistance in purchasing NFTs. Since Non-Fungible Tokens are on a roll in the blockchain space these days, many companies can be seen jumping on the NFT bandwagon and offering virtual collectibles as products. Crypto payments infrastructure company MoonPay is offering “soulbound” NFT loyalty program for its customers. Soulbound assets are non-transferable tokens depicting an individual’s identity using blockchain technology. Also called a Web3 Passport, the token will offer its owner admission to…

Magic Eden follows OpenSea with NFT royalty enforcement tool

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Magic Eden, a Solana-based nonfungible token (NFT) marketplace, has become the latest platform to release a tool allowing creators to enforce royalties on their collections. It follows the announcement of a similar tool from rival NFT marketplace OpenSea in early November. According to a Dec. 1 statement, the open-source royalty enforcement tool is built on top of Solana’s SPL token standard and is called the Open Creator Protocol (OCP). This will allow royalty enforcement for new collections that opt-in to the standard starting Dec. 2. Lu previously floated the idea…

Coinbase Disables Mobile NFT Trading, Citing Apple’s App Store Policies

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Coinbase Disables Mobile NFT Transfers, Citing Apple’s App Store Policies

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Porsche 911 NFTs, BMW files Web3 trademarks, Baby Shark’s NFT game and more…

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Porsche to launch 7,500 NFTs for use in a ‘virtual world’ German luxury car manufacturer Porsche has suggested it will be significantly ramping up its Web3 efforts after unveiling an upcoming NFT project consisting of 7,500 customizable tokenized vehicles. In a Nov. 29 announcement, Porsche stated that the NFTs will be launched in January, and users will be able to customize various aspects of the cars in relation to performance and appearance. The NFT art itself is being designed by designer and 3D artist Patrick Vogel, with all pieces revolving…

Uniswap launches NFT marketplace aggregator

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According to a new post on November 30, decentralized exchange (DEX) Uniswap announced that users can now trade nonfungible tokens, or NFTs, on its native protocol. As told by Uniswap, the function will initially feature NFT collections for sale on platforms including OpenSea, X2Y2, LooksRare, Sudoswap, Larva Labs, X2Y2, Foundation, NFT20, and NFTX. “To bring users the first-rate experience they’ve come to expect with Uniswap, we built the aggregator to deliver better prices, faster indexing, more unassailable smart contracts, and efficient execution.” Uniswap developers claim that users can save up…

NFT Trading Goes Live on Uniswap With $5M Airdrop

Uniswap users will be able to trade digital collectibles across OpenSea, X2Y2, LooksRare, Sudoswap, Larva Labs, Foundation and NFT20 marketplaces using the platform’s NFT aggregator tool. In addition, the platform says its new open-sourced Universal Router contract can save users up to 15% on gas fees compared to other NFT aggregators. Source