Tag: NFT

Over $1.8B in Royalties Have Been Paid Out to Ethereum-Based NFT Creators: Galaxy Digital

According to data from Dune Analytics cited in the report, Nike, which acquired digital collectibles startup RTFKT, made $91.6 million in consolidated NFT royalties in comparison. Other real-world brands including Gucci, Adidas, Nickelodeon, McLaren that have successfully integrated NFTs into their business models have made some money off NFT royalties, though the number is far lower when compared with the creator royalties of top Web3-native entities such as Art Blocks, The Sandbox, Doodles, World of Women and more. Source

Renovi and Aftermath Islands Partners to Launch First NFT Buildathon

Per the announcement, entries to participate in the buildathon will continue until January 9 2023, and the submissions will be judged by a panel of NFT and metaverse veterans. Renovi, a metaverse marketplace, and design studio has launched the first Non-Fungible Token (NFT) Buildathon in partnership with Aftermath Islands Metaverse Limited. As contained in a Press Release shared with Coinspeaker, the buildathon, dubbed the Next Top Metaverse Build will enable artists, architects, and entrants to create items that can have real value in the metaverse. Coming off as the second…

OnlyOrigin Partners with Zombie Planet for New NFT Collection

Place/Date: – October 21st, 2022 at 4:09 pm UTC · 3 min read Source: OnlyOrigin Blockchain-based virtual reality team Zombie Planet is about to release its first limited-edition NFT project with 5,000 NFTs for sale on the OnlyOrigin.net marketplace on October 30, 2022. This NFT project is also a curated and verified NFT project jointly launched by OnlyOrigin and Zombie Planet. According to Zombie Planet, this NFT project is called CZclub, and this collection contains 5,000 unique NFTs. and this collection contains 10,000 unique NFTs. After purchasing “Crazy Zombies’s Pass”…

StreamCoin’s Rising NFT Marketplace Opens Its First Creator Program

Place/Date: UAE – October 21st, 2022 at 3:50 pm UTC · 2 min read Contact: Michael Ein Chaybeh, Source: StreamCoin Photo: StreamCoin As the enthusiasm around monetizing digital art grows, StreamCoin’s NFT marketplace, STRMNFT, is expanding its horizon by opening an NFT-focused creator program. Launched on October 19, this program signifies STRMNFT’s commitment to supporting raising artists as it was opened in celebration of the upcoming International Artist Day. Joining the program provides artists with all kinds of assistance to start their artistic journey on STRMNFT. For instance, the marketplace…

Twitter Launches New Web3-Focused NFT Feature

Twitter alongside other social media platforms continue to play remarkable roles in the quest to get NFTs to be globally recognized and adopted. Twitter is working with notable NFT marketplaces such as Rarible, OpenSea, GuardianLink’s Jump.trade, and Dapper Labs to launch a cool new NFT feature. Called “tweet tiles”, the feature will allow Twitter users to share non-fungible tokens (NFTs) as well as call-to-action (CTA) collection objects on the platform. It should be mentioned that the “tweet tiles” feature has been in testing since August. During testing, it was available…

OpenSea revises NFT rarity ranking protocol after community feedback

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While giving rarity ranks to nonfungible tokens (NFTs) on a marketplace may help collectors decide on whether to purchase NFTs or not, some argue that ranking NFTs may do more harm than good.  In a tweet, an NFT investor pointed out several issues surrounding OpenRarity, the new rarity ranking protocol implemented by NFT marketplace OpenSea. According to the community member, putting “rank” in the NFT listing with no mention of “rarity” anywhere could be misleading. Taking the Moonbirds NFT collection as an example, the community member argued that since the…

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Metaverse casino served emergency cease and desist to halt NFT sales

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A metaverse casino has been hit with simultaneous cease and desist orders from four state enforcement bodies across the United States, who have deemed the firm’s nonfungible tokens (NFTs) to be unregistered securities. Over two NFT collections offered by metaverse casino Slotie, the tokens are said to offer access to the metaverse casino, staking rewards, revenue split from its games, lotteries, and native token WATT. However, the regulators don’t appear pleased with how the platform has marketed the NFTs and its alleged lack of securities registration.  On Oct. 20, Texas, Kentucky,…

Rarible NFT marketplace adds Web3 aggregation with new version

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Rarible, the Ethereum-based nonfungible token (NFT) marketplace, announced its platform upgrade to Rarible 2 on Oct. 20. The NFT marketplace says it is introducing new aggregation tools to showcase NFTs from across the Web3 space. This means users can browse and purchase Ethereum-based digital assets from Rarible, OpenSea, LooksRare, X2Y2 and Sudoswap. Alex Salnikov, the chief strategy officer and co-founder of Rarible, told Cointelegraph that the NFT platforms we have now are “siloed,” and aggregation is the way to change that. “It creates an open environment where users can access…