Tag: NFT

Reddit Engineer shares strategy behind NFT onboarding at EthCC Paris

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Mirela Spasova, a Reddit senior engineer on the Collectible Avatars project, took to the master stage at the Ethereum Community Conference (EthCC) event in Paris to shed light on Reddit’s strategy for onboarding millions of users to its blockchain-backed digital collectibles. In her presentation, Spasova said that the primary motivation behind running Collectible Avatars on-chain is to empower users with freedom of use. By adopting an on-chain approach, users gain the ability to make their own choices, including the option to resell the avatars on popular non-fungible token (NFT) marketplaces like…

Google Play Store officially allows NFT games, but no gambling: Nifty Newsletter, July 12–18

In this week’s newsletter, Google Play has officially allowed nonfungible token (NFT) games on its store — with some limitations. NFT company Dapper Labs has completed its third round of layoffs, and a blockchain gaming startup has enabled an automated refund feature for NFT purchases. In other news, check out the blockchain-based game that has started to spike daily transaction volumes on the Sui Network, and don’t forget this week’s Nifty News, featuring the Bank of America training employees inside the metaverse.  Google Play Store officially allows NFT games, but…

AI opens doors for NFT artist Ellie Pritts at Bitforms gallery in NYC

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This month, Los Angeles-based nonfungible token (NFT) artist Ellie Pritts is celebrating “In the Screen I am Everything,” her first solo show in New York City — and her first time taking over pioneering net art gallery Bitforms.  Eight animations from the technicolor exhibition are available to mint as NFTs on Ethereum, displayed on screens alongside a few physical prints. The multilayered process Pritts used for all three series on view unites them across media. Pritts broke onto the NFT scene in 2021 when she tried minting a few existing…

Vitalik Buterin becomes NFT, Neopets transitions into non-crypto game and more

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Vitalik Buterin portrait from 2014 auctioned as NFT An image of the Ethereum co-founder Vitalik Buterin taken back in 2014, is being auctioned off as a nonfungible token (NFT). The portrait, by Canadian photographer Andrew Miller, was taken before the popular developer became famous. The NFT sale also celebrates the 10th year since Ethereum was created by sharing a portrait of the Ethereum founder that has not been sold before. Encadrium studio here in #Montreal is hosting my resplendent print of @VitalikButerin while my reserve 333 ETH auction is underway…

Metaverse bank robberies, Trump NFT biz prefers crypto over cash, and more

Stick em’ up! Bank robbery drills in the Metaverse The Bank of America is mixing a virtual reality metaverse and artificial intelligence to train new employees on everything from handling angry customers to bank robberies. Bloomberg reported July 13 that the bank’s 2,000 new hires undergo a week-long training regime that includes slipping on a VR headset to practice responding to a variety of simulated situations. The VR modules include mundane situations like helping an upset customer or quizzing one which asks for a large swath of cash, and extreme…

Google Play Changes Policy on NFTs, Starbucks Announces Next NFT Journey

This week, Google made a big shift in their policy towards NFTs, allowing apps in the Google Play store to include the ability to buy, sell or earn tokenized assets. Meanwhile, Starbucks Odyssey, the brand’s Web3 loyalty program, announced their next Stamp would be “designed by Aku,” the NFT character launched by former LA Dodgers player-turned-artist Micah Johnson. Original Source AnnouncesGooglejourneyNFTNFTsPlayPolicyStarbucks CryptoX Portal

NFT Company Legitimate Taps Shoe Giant PUMA and Agency Roc Nation for Sneaker Collection

“The vision here was to pay homage to and innovate on the concept of a mixtape bringing talent and people together, but also exploring how mixtape and hip hop culture has evolved and grown over time, especially with the inclusion of tech,” said Chan. “PUMA, Roc Nation and Legitimate are working together to innovate on this concept of the mixtape itself by seamlessly connecting the dots between fashion, music and technology.” Source agencyCollectionCompanyGiantLegitimateNationNFTPumaRocShoeSneakerTaps CryptoX Portal

Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump

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Nonfungible token collection and technology firm Dapper Labs has announced its third round of staff layoffs in less than a year. On July 13, Dapper Labs CEO Roham Gharegozlou announced that the firm has said goodbye to “51 brilliant colleagues and friends.” In a note to employees, he said that the latest round of cuts includes full-time staff and C1 contractors. “The decision was incredibly difficult because of the amazing people affected,” he said before adding that it was necessary and the right thing to do to “ensure a lean…