Social media platform Instagram is set to introduce a number of nonfungible token (NFT)-related tools that will allow creators to mint, show and sel NFTs. Instagram parent company Meta said on Nov. 2 during its Creator Week 2022 event that the platform would allow its creators to make “digital collectibles” and sell them “both on and off Instagram.” Meta says creators will have an “end-to-end toolkit” from creating, showing, then selling NFTs within the platform and has chosen the Polygon (MATIC) blockchain as an initial partner for this functionality. Concept…
Tag: NFT
OpenSea Rolls Out Two New NFT Theft Protection Features
“We’re working closely with other marketplaces, wallet providers, analytics organizations, and others, to develop holistic scam detection and prevention systems. We look forward to sharing more on this front soon,” OpenSea said in the blog post. Source FeaturesNFTOpenSeaprotectionRollsTheft CryptoX Portal
Solana-Based NFT Marketplace Exchange.Art Creates Royalties Protection Standard
Alex Fleseriu, CEO of Exchange Art, told CoinDesk that because the platform was originally built for artists “exploited” by the lack of set royalties in the fine art world, it remains motivated to help artists more fairly earn their share in Web3. Source
MetaMask rolls out NFT portfolio value tracker with new partnership
MetaMask users will now have the ability to track the value of their nonfungible token (NFT) portfolio through its latest product. The wallet provider announced a new feature on Nov. 2, which will bring updated pricing information for the over 5,000 NFT collections held by MetaMask users. The new utility comes as a result of a partnership with NFTBank, an NFT portfolio management tool and valuation engine. To create its predictions, NFTBank uses machine learning algorithms which update users with price estimates for individual NFTs within a collection. According to…
NFT marketplace says no to opt-in royalties, Visa jumps on World Cup NFTs and more
NFT marketplace says no to optional royalties While nonfungible token (NFT) marketplaces such as Ethereum (ETH)-based X2Y2, LooksRare, and Solana (SOL)-based Magic Eden have made the switch over to “optional” creator royalties, a newly launched marketplace is taking a hard stand against it. Find Satoshi Lab, the company behind the popular move-to-earn app StepN has launched its new NFT marketplace named MOOAR on Nov. 1, notably featuring “no optional royalties.” Instead, its NFT royalty policy will be set to a default of 2% but allows creators to set royalties between…
Visa Warms Up Fans With NFT Auction Ahead of Soccer World Cup in Qatar – Bitcoin News
Financial services giant Visa has set out to activate soccer fans for the upcoming World Cup Qatar 2022 with a non-fungible token (NFT) initiative. FIFA’s payment partner has teamed up with the governing body’s crypto sponsor to celebrate the planet’s most popular sport, art and technology. Visa and Crypto.com Offer Soccer Fans Iconic NFTs, Chance to Create Their Own Tokens Visa, the official payment technology partner of soccer’s governing body, FIFA, has announced the launch of a series of unique digital collectibles representing iconic goals from five legendary footballers. The…
Gamestop NFT Marketplace Is Now Live on Immutable X, Market Features Web3 Games – Blockchain Bitcoin News
After announcing the non-fungible token (NFT) marketplace seven months ago, the American consumer electronics and gaming merchandise retailer, Gamestop, has officially launched the company’s NFT market on Immutable X. In addition to NFTs, Gamestop’s marketplace also features Web3 gaming with games like “Gods Unchained,” and the DC Comics NFT trading card game “Hro.” Gamestop Reveals Immutable X-Powered NFT Marketplace Gamestop’s (NYSE: GME) NFT marketplace nft.gamestop.com is now live, and connected to the Ethereum layer two (L2) scaling solution Immutable X. Unlike NFT marketplaces like Opensea, Looksrare, and Rarible, the Gamestop…
Stepn Parent Company Launches NFT Marketplace
Find Satoshi Lab is establishing a self-sustaining ecosystem for its product lineup, which includes the popular move-to-earn app. Source
GameStop NFT market goes live, Hong Kong’s NFT concept and more
The nonfungible token (NFT) marketplace for American video game retailer GameStop has officially gone live on Ethereum layer-2 blockchain ImmutableX, all part of the latest Web3 push from the gaming retailer. The pair first partnered in February to build the marketplace offering a $100 million grant for NFT content creators and tech developers before a public beta of the NFT marketplace debuted in July. With the Oct. 31 announcement of the full launch, GameStop’s market will allow for popular Web3 games on ImmutableX such as the role-playing game Illuvium and…
‘Rick and Morty’ Co-Creator’s NFT Collection Sees $14M in Trade Volume Hours After Mint
Art can be minted using an ERC-20 token called GOO, which is earned by holding Gobblers. The tokenomics get a bit complex – after earning GOO, holders can create “Pages,” which are NFTs that act as blank canvases to either digest, trade or “glaminate” with custom artwork. Source