Abu Dhabi Global Market (ADGM), the emirate’s free zone, published a consultation paper on Monday titled “Proposals for enhancements to capital markets and virtual assets in ADGM.” The document contains draft guidelines that, among other asset classes, cover nonfungible token (NFT) trading. The paper proposes that companies with a license from the free zone’s financial regulator be allowed to facilitate NFT trading. Along with sections dedicated to traditional financial instruments, the document contains a little more than a page on virtual assets and NFTs. In this section, the free zone’s…
Tag: NFT
Tommy Hilfiger to Showcase Spring 2022 Collections and NFT Wearables at Decentraland’s Metaverse Fashion Week – Metaverse Bitcoin News
On Monday, Tommy Hilfiger has announced the company is joining the inaugural Decentraland Metaverse Fashion Week from March 24th to March 27th, 2022. During the Metaverse Fashion Week, the American fashion design firm said it will showcase its Spring 2022 collections and provide consumers with a “digital retail platform” that features Tommy Hilfiger-crafted NFTs. American Fashion Designer Tommy Hilfiger Is ‘Inspired by the Power of Digital Technology’ At the end of February, Decentraland, the virtual blockchain metaverse, announced the project’s first Metaverse Fashion Week (MFW) would take place this year.…
Nestree Introduces NFT Aggregator Beta Service to Help Improve Usability and Overall Performance – Press release Bitcoin News
press release PRESS RELEASE. Nestree is a blockchain-based community messenger that is incentivized in nature. It is also a messaging platform that specializes in the development and revival of diverse communities by exposing them to blockchain technology and cryptocurrencies. In 2022, Nestree will deploy an NFT Aggregator Service (Beta). Nestree has evolved into a specialist platform for NFTs, a fast developing asset class. Moreover, by connecting with multiple worldwide platforms, the team hopes to increase the utility value of the EGG token. Understanding NFT Aggregators Several NFT markets have recently…
NeoNexus founder pulls the plug on popular Metaverse NFT project
The founder of NeoNexus, a Solana-based NFT project, has stated the team is no longer developing the project, blaming the drop in Solana (SOL) prices for the decision. The project’s founder, Jack Shi, took to the official Twitter account for NeoNexus, tweeting at 2 pm UTC on March 21 that it was no longer continuing the “healthy development” of the project, adding they would like to hand it over for the community to develop. It is with a heavy heart that we must inform you that we can no longer…
Abu Dhabi Free Zone Seeks Comments on NFT Rules
A consultation paper looks to bring NFTs into Abu Dhabi’s existing regulatory framework for virtual assets. Source
This NFT Marketplace Is Breaking Barriers
NFTs seems to be an unstoppable force. The latest in the blockchain world, NFTs have grown from being traded at $100 million in 2020 to $23 billion in 2021. The 230x increase has got crypto investors searching high and low for quality NFT projects to support. Non-Fungible Tokens, or NFTs, are a way for the average consumer to authentically claim ownership rights over a digital asset. These assets can range from samples of an upcoming song by an artist, a piece of art, a tweet, or even the origins of…
Nesting Dolls NFT Project Releases Droves of Unique Art Assets
The Nesting Dolls NFT project has announced the launch of its unique collection of digital art objects in International nesting dolls style created in collaboration with numerous artists from around the world. The aim of the project is to attract attention to environmental problems through the adoption of digital technologies. The Nesting Dolls project has released its collection of digital NFT Nesting Dolls, each depicting a mother carrying on her family’s legacy through a child in her womb. The Nesting Dolls are made of wood and represent one of the…
Chinese internet giants remove NFT platforms fearing gov’t crackdown
China’s leading social media platforms and internet giants have updated their policy to restrict or remove nonfungible token (NFT) platforms, citing a lack of regulatory clarity and fearing government crackdown. Chinese social media giant WeChat reportedly removed several digital collectible platform accounts for violations of the rules. Digital collection platform Xihu No.1, one of the hyped NFT projects in the market, was among the removed platforms. Another platform called Dongyiyuandian revealed that its official app has been banned, reported a local daily. WhaleTalk, a digital collectible platform launched by tech…
¿BITCOIN o ETHEREUM? TODO lo que necesitas SABER
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Michael Saylor CEO de MicroStrategy expone su vision acertada frente a los protocolos Bitcoin y Ethereum —————————————————– Bloctrends Premium: Bloctrends en THETA: Bloctrends en LBRY: ________________________________________________________________________ BLOCTRENDS: Empoderando la soberanía individual y el acceso a una comunidad global descentralizada, apolítica y sin fronteras. _________________________________________________________________ Twitter: https: Facebook: Instagram: #Bitcoin #Ethereum #altcoins ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Amid conflict, NFT projects already seek to rebuild Ukraine
The recent invasion of Ukraine has put the world in a state of uncertainty, turmoil and geopolitical risk. Volatility in the global financial markets has caused immense losses to millions of investors. With rising global inflation, fear of tapering liquidity, and increasing interest rates by the United States Federal Reserve, havoc is spreading across the global economy. Additionally, the delinking of SWIFT messaging services for leading Russian banks is causing concern among entrepreneurs in the nation while also impacting other economies with strong Russian trade ties. With Visa and Mastercard…