Rumors of Alameda liquidating its Solana holdings are sending SOL’s price into free-fall; both Solana and Ethereum-based NFT markets are getting hit hard by the news. Source
FTX and Alameda Contagion Fears Tank NFT Markets
Tag: NFT
Bored Apes founders propose new model for NFT creator royalties
The founder of Bored Ape Yacht Club (BAYC) has weighed in on the ongoing non-fungible token (NFT) creator royalties debate and shared a potential path forward that they believe best deals with the issue. A Nov. 8 blog post from BAYC co-founder Wylie Aronow — co-signed by co-founders Greg Solano and Kerem Atalay — shared that they regard creator royalties as “the single most important factor that brought them [creators and artists] into the ecosystem.” The post was in response to OpenSea’s Nov. 6 announcement that it would follow other NFT…
Bank of Russia Suggests NFT, Smart Contract Regulation
The bank of Russia also suggested including digital assets trading into the traditional stock market infrastructure. Rules of access to the digital assets market should be harmonized with the ones for the traditional securities markets, so that unqualified investors can access both within the 100,000 rubles a year limit ($1,640) or more, if they successfully complete a financial literacy test, the report suggests. Source
Gym owners aim to bring NFT memberships to wellness clubs
While many nonfungible token (NFT) projects continue to suffer losses due to the bear market, a number of organizations have begun using NFTs to solve real-world problems. In particular, NFTs for subscription/membership-based models, or loyalty programs, are gaining traction. This point was highlighted in Forrester’s 2023 NFT and metaverse predications report, which notes: “Brands will pivot from ‘cool’ non-fungible tokens (NFTs) towards loyalty. In 2023, brands will shift their focus to NFTs linked to loyalty, brand experience, and deepening customer relationships.” Indeed, NFT use cases such as these are being…
Easy Way To Enter The NFT-verse With The White Label NFT Marketplace
NFTs are king in the business and financial sectors. These tokenized digital assets enable both business and creative minds to succeed in their endeavours. Numerous artisans and creators convert their works into NFTs so they can trade them for cryptocurrencies or other instantly exchangeable value-based assets.. For those looking to launch their own business, many development service providers provide White Label NFT Marketplace options. These non-fungible tokens have attracted the attention of entrepreneurs and business owners who want to build an NFT-based platform. NFT Marketplace is the name of the…
OpenSea Launches First Royalty Enforcement Tool Amid NFT Marketplace Drama
The on-chain tool will blacklist collections from being resold on marketplaces that don’t enforce royalties and will only apply to new collections listed on the platform. Source
Why NFT Artists Shouldn’t Expect ‘Royalties’
Artists have boycotted some exchanges that moved away from royalties. For instance, X2YX has seen trading volume drop from 11,540 ETH on Aug. 26, the day it ditched royalties, to 547 ETH, Decrypt reported. “A month ago, around 75% of NFT buyers opted-in to paying royalties on [X2Y2], when given the choice,” Punk 9059 tweeted. “Now that number is around 18%.” Source
Bank of Korea Tested NFT Trading, Remittances With CBDC: Report
The central bank has completed a 10-month-long experiment of a digital South Korean won. Source
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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 👉 ES EL MEJOR MOMENTO | Noticias Criptomonedas HOY | Bitcoin | Ethereum | XRP | MATIC | Kiyosaki 🚀 🔵 Sigue a nuestro canal de Telegram 🎁: 👉 Registro Coinex (Ahorra 20% en Comisiones 🎁): ✅ 👉 Código de Registro: centro ✅ Centro Cripto Hoy 👇 ⏰ CAPÍTULOS: 0:00 Noticias criptomonedas titulares 0:37 Bitcoin en su mejor momento 1:21 Bitcoin es un seguro contra desastres financieros 2:06 Ethereum prueba de trabajo sigue atrayendo otros proyectos 2:51 India empezará a usar blockchain…
Square Enix Announces Symbiogenesis, a Story-Driven NFT Interactive Experience – Blockchain Bitcoin News
Square Enix, the Japanese AAA game developer and publisher, announced the launch of a new NFT-based gaming franchise, titled Symbiogenesis. The experience, which will be built on top of Ethereum, will leverage the use of NFTs (non-fungible tokens) as art that users can set as profile pictures and use in a separate NFT market. Square Enix Announces Symbiogenesis NFT Project Square Enix, one of the leading Japanese gaming companies, has announced Symbiogenesis, one of its first NFT-based interactive experiences. On Nov. 3, as part of the company’s participation in the…