GameStop stock up on rumors of Microsoft NFT game partnership

The stock price of popular video game store chain GameStop (GME) surged roughly 13% in one day amid rumors circulating online regarding a partnership with Microsoft to work on NFT gaming. At the time of writing, GME sits at $115.60 as of market close on Feb. 8 and has also held around that level in after-hours trading according to data from TradingView. GME started February at around the $100 region and has been pumping this month on the back of GameStopโ€™s partnership with NFT focused Layer-2 Ethereum scaling solution Immutable…

Increased NFT Demand Triggers Tezos Transactions And Smart Contract Activity

Recently, the Tezos network has been experiencing progressive growth in its smart contract addresses and adoption for the past 12 months. This is majorly linked to non-fungible tokens as the primary driver for the increase. Hence, with the move, Tezos stands as viable competition to Ethereum in terms of NFT minting and its markets. Non-fungible tokens, NFTs, are recently gaining more attention within different sectors. More businesses and even celebrities embrace this digital asset for various reasons that satisfy their purposes. From creating expressions and awareness to generating non-profitable funds…

METAVERSO, NFT, BLOCKCHAIN: SPIEGATI FACILE

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io In un periodo in cui si parla costantemente di NFT e Metaversi cโ€™รจ un interesse crescente per il Gaming su Blockchain, per i cosiddetti play-to-earn e i giochi che sfruttano cryptomonete e asset rivendibili. Per aiutarvi a comprendere meglio questa fetta di mercato, abbiamo preparato per voi questa guida introduttiva in formato video. 0:00 Introduzione 1:39 Blockchain 6:18 Metaverso 7:59 Play to earn 14:33 NFT 19:19 L’impatto ambientale 19:49 Conclusione #NFT #Metaverso #Blockchain โ–ถRepliche Live e Gameplay: โ–ถCanale dedicato a Film, Serie…

Cappasity to Present 3D NFT for E-Commerce in March 2022 โ€“ Press release Bitcoin News

press release PRESS RELEASE. Cappasityโ€™s platform will allow retailers to create immersive NFTs easily and quickly. The proprietary utility token CAPP will be used in the provision of NFT services. Cappasity lets companies create and deliver 3D/AR experiences to blur the line between online and in-store shopping. It is the first scalable and easy-to-adopt solution for complex e-commerce projects. It takes only 3 minutes/SKU to create a 3D View (data format developed by Cappasity) and embed it into a store. The platform also provides a unique 3D analytics tool based…

Social media giant Twitter makes further inroads into the NFT world thanks to QuickNode

While initially it was just major financial entities โ€” such as PayPal, Square, Microstrategy, amongst many others โ€” dipping their toes into the blockchain scene, now we have players from a host of other realms also making their presence felt across these markets. For example, earlier in 2021, Twitter announced to the world that it was going to allow its users to tip its content creators via the use of several different digital assets (including Bitcoin and Ethereum). Similarly, earlier this year, it came to light that the social media…

The Lunar Metaverse Launches Revenue Generating NFT Land Sale โ€“ Sponsored Bitcoin News

sponsored Moon is a brand new economic, and social Metaverse inspired by lunar exploration. Players have the opportunity to acquire NFT land plots, develop a new world, drive its economy and uncover the mysteries of the Moonโ€™s dark side. The limited collection at the best possible value of 1000 land plots launches today. Launching today the first 1000 NFT lands offer the best deal possible for early adopters. Get a head start by joining Moon Metaverse during its private sale period and gain access to land containing extremely rare and…

โ€˜Wave of litigationโ€™ to hit NFT space as copyright issues abound

Ownership is one of the most critical aspects of nonfungible tokens (NFT). They are a representation of the evolution of execution and ownership of art, content, music, in-game assets, etc., since they are digital assets with distinctive identities that are verifiable on a blockchain network. However, they have also created a new dimension of discussion about the interaction and grey area around copyright, intellectual property (IP) and trademark laws. In a recent highly publicized fiasco in the cryptoverse, crypto decentralized autonomous organization (DAO) Spice DAO was mocked for believing that…

Florida Home to Be Sold as an NFT, Decentralized Organization Seeks Bel Air Megamansion โ€“ Blockchain Bitcoin News

According to a California-based real estate technology company called Propy, a four-bedroom home in Gulfport, Florida, will be tokenized leveraging non-fungible token (NFT) technology and sold for $650K. In addition to the Gulfport home, another blockchain project has launched aiming to purchase The One Bel Air 105,000-square-foot megamansion by creating a decentralized autonomous organization (DAO). Gulfport Home in Florida to be Tokenized and Sold for $650K On February 8, 2022, a home in Gulfport will be auctioned as an NFT, according to the homeowner Leslie Alessandra. The current owner told…

Chainalysis report finds most NFT wash traders unprofitable

Nonfungible tokens (NFT) have taken the world by storm, resulting in mainstream interest and greater adoption of cryptocurrency. According to blockchain analysis firm Chainalysis, NFT popularity skyrocketed in 2021. Chainalysisโ€™ โ€œNFT Market Reportโ€ shows a minimum of $44.2 billion worth of cryptocurrency sent to Ethereum smart contracts associated with NFT marketplaces and collections last year. The report notes that this number was $106 million in 2020. While impressive, increasing scams and fraudulent activities have infiltrated the NFT space. For instance, major NFT marketplace OpenSea recently announced that its free minting…