Tag: NFT

NFT Steez and Cryptoys CEO discuss the future of toys within Web3 environments

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On Oct. 14, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with the founder of Cryptoys, Will Weinraub to discuss the current role of play and toys in regard to their integration with nonfungible tokens and Web3 as a whole.  Weinraub believes that the act of play is “not restricted to children” and believes that as adults, “we still crave the element of play throughout life.” According to Weinraub, through the development of technology, “play has evolved.” Nonfungible tokens, especially in gaming, have highlighted…

Ukraine’s Kharkiv Art Museum Launches NFT Collection With Binance to Raise Funds, Secure Jobs – News Bitcoin News

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The art museum in the Eastern Ukrainian city of Kharkiv has partnered with cryptocurrency exchange Binance to offer non-fungible tokens (NFTs) of some of its most valuable artworks. Proceeds from the auction will be used to restore the museum’s activities and support its staff. Ukrainian Museum to Sell 15 Works of Art as Digital Collectibles on Binance NFT The NFT marketplace of the world’s largest crypto exchange by trading volume, Binance NFT, has announced the launch of tokens representing over a dozen of Kharkiv Art Museum’s works. The cultural institution…

Ukrainian art museum to preserve art and cultural heritage through NFT auction

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As the Web3 space expands, nonfungible token (NFT) use cases continue to develop past the hyped days of stagnant digital art collections. However, even within the art realm, NFT utility is being reinvented, as is the case with a Ukrainian art museum. The Kharkiv Art Museum announced on Oct. 13 that its Art without Borders NFT collection is now available on the Binance NFT marketplace. Art without Borders includes 15 pieces of art from the museum’s collection, with proceeds going to finance the museum and “save the cultural heritage of…

Industry exec explains why NFT fraud protection falls on brand and not marketplaces

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Nonfungible token (NFT) marketplaces should commit to combat fraudulent NFTs, but brands are far more responsible for protecting NFT investors, according to one industry executive. Brands that issue NFTs should be taking the first step to protecting themselves and potential investors from fraud, BrandShield CEO Yoav Keren said in an interview with Cointelegraph on Oct. 12. According to Keren, it’s more straightforward for a brand to recognize NFTs that were not released by the company itself rather than marketplaces like OpenSea or Rarible. NFT marketplaces usually have fewer insights into…

NFT games are ‘only scratching the surface’ of what’s possible — Animoca’s Yat Siu

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Animoca Brands co-founder Yat Siu believes nonfungible token (NFT) games are only scratching the surface of what’s possible and predicts completely new models of gaming will be developed as a result of digital ownership. Speaking to Cointelegraph, Siu likened the potential growth of NFT gaming to mobile phone gaming, which started out relatively niche and clunky in its formative stages before rocketing to become the most popular method of gaming across the globe. “Mobile gaming brought a form factor of a type of game that we’ve never seen before, you…

Japanese gaming giant’s hiring spree ahead of NFT marketplace

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Japanese gaming giant Konami is seeking to expand its crypto-versed talent pool while it ey the development of Web3 and Metaverse “experiences” and a nonfungible token (NFT) marketplace. The gaming giant is the latest in a lengthening list of big names signaling interest in expanding its Web3 offerings by seeking to acquire new talent. On Oct. 13, the company announced that it was recruiting a “wide range of talent” for “system construction and service development” relating to future Metaverse and Web3 platforms. Konami stated that it has been conducting research…

CoinShares Releases Experimental AI Bot That Tries to Calculate the Fair Price for an NFT

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Toy Manufacturer Mattel and Cryptoys Announce Masters of the Universe NFT Collection – Blockchain Bitcoin News

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This week, in celebration of the 40th anniversary of the Masters of the Universe (MOTU) franchise, the toy manufacturing company Mattel announced the launch of the official MOTU digital toy collection. The new collection, dropping on November 9, will feature classic MOTU characters like He-Man, Battle Cat, Tri-Klops, and Evil-Lyn. He-Man and the Masters of the Universe Enter the Blockchain-Powered Metaverse On Wednesday, Mattel, Inc. (Nasdaq: MAT) and the new non-fungible token (NFT) platform Cryptoys revealed plans to launch a digital collectible collection based on the Masters of the Universe…

Football's Cryptocurrency & NFT Crisis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io From clubs launching fan tokens through companies like Socios, to clubs, competitions, and footballers releasing their own NFT collections, an enormous amount of money has flooded into football from the cryptocurrency industry over the last few years. As far as the likes of FIFA, UEFA, and the Premier League seem to be concerned, these sponsors, digital assets, and non-fungible tokens are easy money with very few overheads – but increasingly they are being met with opposition from fans. In this video, HITC…

New York Cares Non-Profit Highlights Using Web3 for Good With NFT Fundraise

Although fundraising efforts have seen success over the last three years, Keith A. Grossman, TIME President and New York Cares Board Member, told CryptoX that he’s not only passionate about raising money for underprivileged students, but also about implementing technologies to propel a new wave of philanthropic efforts. Source CaresFundraiseGoodHighlightsNFTnonprofitWeb3York CryptoX Portal