Tag: NFT

Bored Ape Yacht Club’s Apecoin DAO Airdrops Millions of Apecoins to NFT Owners – Altcoins Bitcoin News

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During the last 24 hours, the cryptocurrency community has been discussing the launch of a new token called apecoin (APE), released by the newly-formed Apecoin DAO. At launch, the token exchanged hands for $10.36 per coin, but dropped more than 40% to $6.21. Since the token’s all-time low and Bored Ape Yacht Club (BAYC) owners getting a sizable airdrop, the price of APE moved closer to the price it saw when it first came out. Apecoin DAO Airdrops Tokens to NFT Owners, Forms the Ape Foundation There’s a new crypto…

GameStop looks toward NFT marketplace launch after big Q4 loss

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Much loved retail video game store chain GameStop (GME) is looking ahead to its long-awaited NFT marketplace and Web3 gaming unit after suffering a net loss of $147.5 million during Q4 2021 GameStop quietly built a barebones NFT website in mid-2021 but has significantly ramped up efforts this year after unveiling an NFT and Web3 gaming division in January along with penning a major partnership with Ethereum (ETH) scaling solution Immutable X the following month to build an NFT marketplace. As part of the Q4 results — ending on January…

NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior – Bitcoin News

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After cryptocurrency assets jumped in value this week, following the Federal Reserve’s rate hike on Wednesday, non-fungible token (NFT) weekly sales volume data shows an improvement from last week’s sales metrics. At the time of writing, in terms of seven-day sales volume, the aggregate NFT sales volume increased by 17.86% this week to $457 million. NFT Sales Rebound — BAYC, MAYC, Meebits Lead the Pack Non-fungible token (NFT) sales volume has rebounded this week after weeks of sliding sales volumes. According to statistics from cryptoslam.io, out of 15 different blockchain…

Blockchain gamers see playing NFT games as a potential full-time job, says new survey

Despite the fall of nonfungible token (NFT) prices, play-to-earn NFT gaming carries on as more people see it as a potential way to make a living.  In a survey conducted in the Philippines, 32 percent of the respondents said they would quit or consider quitting if NFT games allowed them to go full-time. John Stefanidis, the CEO of NFT gaming platform Balthazar, said that he’s “not surprised by the findings.”  “Many are ready to quit their other jobs to play NFT games instead, as they could potentially be earning the…

Bored Ape NFT holders to receive ApeCoin: ‘The Dogecoin of NFTs’

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Owners of Bored Ape Yacht Club (BAYC) NFTs — including celeb holders like Eminem, Steph Curry, Jimmy Fallon and Mark Cuban — are set to receive a brand new token called ApeCoin (APE) as yet another incentive for being part of the exclusive digital asset club.  The developer of the new token is the ApeCoin DAO and is notably separate from Yuga Labs. Introducing ApeCoin ($APE), a token for culture, gaming, and commerce used to empower a decentralized community building at the forefront of web3. — ApeCoin (@apecoin) March 16,…

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SCMP Spinning Off NFT Business Into New Firm ‘Artifact Labs’

Media organizations are always looking for new sources of revenue beyond selling ads against print copy. Hong Kong’s South China Morning Post appears to have found one in selling Non Fungible Tokens (NFTs) of its front pages from historical events, and has such confidence in the business that its spinning it off into its own division called Artifact Labs. Source

Draftkings Reveals 2022 College Hoops NFT Collection for March Madness – Bitcoin News

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On March 15, the American fantasy sports contest and betting company Draftkings announced the company’s first in-house digital collectibles campaign called the “Primetime NFT Series.” The first Draftkings’ NFT series drop will be the “2022 College Hoops Collection” launched in unison with the single-elimination college basketball tournament known as NCAA’s March Madness. Draftkings to Drop First In-House NFT Collection In July 2021, the fantasy sports firm Draftkings (Nasdaq: DKNG) revealed a strategic partnership with the Super Bowl champion Tom Brady’s Autograph NFT platform and with the entertainment firm Lionsgate. During…