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…
Tag: NFT
NFT games are ‘only scratching the surface’ of what’s possible — Animoca’s Yat Siu
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
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
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
Crypto Sleuth ZachXBT’s Efforts Lead to Prosecution of Alleged Bored Ape NFT Scammers
The phishing scam required interested users to click on a link to generate an animation. But instead of animated apes, the users found the service stole their NFTs, digital assets on a blockchain that represent ownership of virtual or physical items, with the scammers managing to steal over $2.5 million in total. Source
U.S. Securities and Exchange Commission Opening Investigation Into Bored Ape Yacht Club NFT Creators: Report
Federal regulators are reportedly investigating the creator of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection for potential violations of federal laws during the sale of digital assets. Citing an unnamed source familiar with the matter, Bloomberg reports that the U.S. Securities and Exchange Commission (SEC) is investigating Yuga Labs to determine if some of its NFTs are comparable to stocks, which would require compliance with disclosure rules. In a statement, the Miami-based company says it will cooperate with any investigation. “It’s well-known that policymakers and regulators have…
PREMIER PIRATAGE SUITE A THE MERGE! ACTU CRYPTO MONNAIE ETHEREUM XRP FED 18/09
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ⚡️Le Club Crypto Flash : Newsletter. Les 5 plus grosses actualités de la semaine et les leçons à en tirer. ✅ ⚡️ Formation Crypto Flash : Se Lancer Dans Les Crypto Monnaies ⚡️Communauté : ✅Twitter ✅Groupe Telegram 👉 Bonjour à tous, aujourd’hui on fait le tour des actualités Cryptomonnaies ⚡️ Piratage ETHEREUPOW en lien avec the merge! La FED, l’annonce arrive mercredi soir! Animoca brand rachète un nouveau studio!! #Cryptomonnaie #Actus #trading #investissement #argent #bitcoinnews #Bullrun #chute #hausse #cryptonews actualités…