Tag: NFT

Binance jumps into NFT ticketing after UEFA League fiasco

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Following the chaos caused by counterfeit tickets in the UEFA Champions League 2022, crypto exchange Binance has launched the pilot of its nonfungible token (NFT) ticketing solution with football club Società Sportiva Lazio for the 2022 to 2023 season. In the announcement sent to Cointelegraph, Binance highlighted that NFT tickets will solve the issue of fake tickets and eliminate scalping, preventing disorder in sporting events. Apart from access to events, the NFT tickets will also serve other purposes such as store and match discounts, token giveaways and other experiences with…

Up in smoke: Artist Damien Hirst to burn 4,851 paintings in NFT project

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Almost half of the buyers of Hirst’s “The Currency” collection wanted to keep the NFT version. The United Kingdom’s reportedly richest living artist, Damien Hirst is set to burn thousands of his paintings as part of a year-long nonfungible token (NFT) project called “The Currency.” Starting in September, visitors to Hirst’s private London museum will be able to view some of his 10,000 oil paintings depicting unique dots he created in 2016 and linked to NFTs in 2021. Buyers of the $2,000 floor-priced NFTs were given the option to keep the…

PolkaFantasy’s New NFT Marketplace aimée Features Exclusive Collection from Mega Man’s “Beastroid” – Blockchain News, Opinion, TV and Jobs

PolkaFantasy, the world’s first Japanese ACG-dedicated blockchain ecosystem, announced the launch of their rebranded NFT marketplace, aimée, on a quest to bring people from all over the world together for their love of NFTs on August 4th and 7th. As part of the launch, aimée is featuring an exclusive NFT collection with legendary artist, Keiji Inafune-san, known as ‘Beastroid.’ Regarded for his prolific art career and contributions to Mega Men and Street Fighter, Inafune-san has lent his fantastical genius to the creation of a robot-futuristic world where Beastroid fights to save…

NFT domains platform Unstoppable raises $65M Series A at $1B valuation

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On Wednesday, nonfungible token (NFT) domains platform Unstoppable Domains announced that it closed a $65 million Series A funding round at a valuation of $1 billion.  Notable investors in the deal include Pantera Capital, Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, CoinGecko, We3 syndicate, Rainfall Capital, Broadhaven, EI Ventures, Hardyaka, Sound Media Ventures, Boost VC and Draper Associates. Unstoppable said it will use the fresh capital to fuel product innovation and grow partnerships in the Web3 space. Unstoppable Domains offers NFT domains, which are suites…

Biggie Smalls NFT Collection Sells Out in 10 Minutes, Owners Get Licensing Rights to Unreleased Freestyle – Bitcoin News

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On Tuesday, the Christopher Wallace Estate, managers of the Notorious B.I.G.’s music, fashion, film, and unreleased archives, dropped a collection of 3,000 non-fungible tokens (NFTs) that sold out in ten minutes. The digital collectibles were dropped via the NFT platform Oneof, and owners of the new NFTs now have the licensing rights to the audio of a previously unreleased B.I.G. freestyle. Christopher Wallace Estate Releases ‘Sky’s the Limit’ NFT Collection Dedicated to the Life and Memory of the Notorious B.I.G. NFT collectors had a chance to acquire Notorious B.I.G. NFTs…

Crypto Investors More Attractive and Smarter, NFT Profiles Unattractive – Featured Bitcoin News

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Cryptocurrency investors are perceived to be more attractive, smarter, and wealthier than non-investors, the latest survey by Cryptovantage has found. Just over three-quarters of respondents said they are likely to go on a date with someone if their dating app profile mentions crypto. However, some 69% of crypto investors surveyed admitted that they had a relationship end because they invested in a cryptocurrency. Crypto Investors Perceived More Favorably Than Non-Investors A new survey seeking to determine if investing in cryptocurrency makes one attractive has found that crypto investors are “seen…

NFT potential vast and creative possibility endless, says YellowHeart CEO

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While some refuse to adopt nonfungible tokens (NFTs), others are finding ways to realize the potential of NFT technology to solve real-world problems. In an interview with Cointelegraph, Josh Katz, CEO of NFT marketplace YellowHeart, shared his thoughts on using NFTs in ticketing, what the NFT space will look like in the future and whether NFTs can eventually surpass crypto in popularity. According to Katz, ticketing is one of the most compelling use cases for NFTs. Citing the UEFA Champions League incident in Paris where fraudulent tickets caused chaos, the…

Japanese Bank SMBC to Foray Into NFT and Web3 Markets – News Bitcoin News

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The Sumitomo Mitsui Banking Corporation (SMBC), the second largest of the three biggest banks in Japan, has announced it is planning to expand into digital asset businesses, including non-fungible tokens (NFTs) and Web3 platforms. The company will partner with Hashport, a group that offers tokenization and listing services in Japan, to launch a token business lab to experiment with these new technologies. Second Biggest Japanese Bank to Introduce Token and NFT Services Many traditional banking companies around the world are now considering entering the crypto and digital assets business. SMBC,…

NFT Sales Volume Slips 8% Lower Than Last Week — Moonbirds, Electricsheep, Moonbirds Oddities Lead in Sales – Markets and Prices Bitcoin News

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During the last few weeks, non-fungible token (NFT) sales have remained flat and data from the past seven days have shown NFT sales are down 8.11% lower than the week prior. Despite the downturn, a few NFT collections saw significant percentage increases in terms of sales as the collections like Electricsheep, Moonbirds, and Moonbirds Oddities have spiked between 90% to more than 16,000%. NFT Sales Down 8% as Ethereum-Based NFTs Command 83% of This Week’s $159 Million in Sales Volume Data from the last seven days indicates that $159.24 million…

Rarible clone script – A Trump Card to Enter the NFT Business World

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In the blockchain industry, the trend toward NFTs is accelerating. NFTs are considered the best crypto trend compared to other booming trends. This is due to the widespread use and awareness of blockchain technology. As many people are trying to buy and sell different NFTs in different blockchains, the demand for NFT marketplace is increasing slightly day by day. The NFT marketplace is the platform where many people list, mint and trade NFTs in a secure way. Moreover, it is one of the most lucrative business ideas to earn a…