Amid an extended crypto winter that has cooled NFT trading, platforms like Blur, Binance and Astaria have introduced new lending options to boost liquidity. While some traders support NFTfi, others say the trend is risky. Source
Luxury fashion house Louis Vuitton ventures further into the web3 realm with the introduction of an NFT release featuring their iconic Trunk, known as the “VIA Treasure Trunk.” This exclusive serves as a gateway for LV collectors, granting them access to immersive experiences and limited drops scheduled throughout the year. Where digital meets physical Louis Vuitton, the renowned French luxury fashion house, is preparing to launch a physically-backed non-fungible token (NFT) collection known as VIA Treasure Trunks, introducing luxury NFT offerings exclusively available to privileged members. The LV Trunk, known for its…
Agoria is revolutionizing the music industry by granting fans ownership rights to his upcoming album through NFTs, creating a unique and immersive experience for his audience. Renowned French DJ, producer, and NFT artist Agoria is spearheading a groundbreaking initiative that challenges the traditional norms of the music industry. In an exciting move, Agoria is giving fans the chance to own his upcoming album through non-fungible tokens (NFTs). This innovative approach not only bridges the gap between the artist and their fans but also transforms the concept of ownership in the…
According to a recent report published by nonfungible token (NFT) money market protocol Paraspace and multichain wallet BitKeep, the current amount of NFT borrowing and lending, or NFTFi loans, has surpassed $430 million across 43,521 borrowers. The highest proportion of collateral comprised the most popular NFT collections, such as Wrapped CryptoPunks, Bored Ape Yacht Club and Mutant Ape Yacht Club. Researchers at Paraspace and BitKeep said that NFTFi added $25 million in outstanding loans from January to March. Also contributing was the introduction of a digital collectible lending protocol by…
On June 5, Ethereum blockchain game developer Illuvium announced a partnership with video game and consumer merchandise retailer GameStop to debut a 20,000 nonfungible token (NFT) collection starting June 12. As told by developers: According to developers, the “Illuvitars” NFTS are “dynamic collectable works of art, representing a specific avatar of an Illuvial with a distinct expression. Each Illuvitar carries a power rating, determined by its rarity, which helps you climb the leaderboard.” Each “GameStop x Illuvitar D1SK NFT” will contain a unique GameStop-branded “Illuvitar,” which developers say possess “108…
A hacker known as “Pink Drainer” has discovered a method to enable private sales on Blur, a platform that typically does not offer this feature. This revelation, first shared by Twitter user Quit, has the potential to alter the dynamics of the NFT marketplace significantly. Pink drainer has learned how to hack his way into enabling private sales on Blur. Normally, Blur doesn’t offer private listings. Any listing you create is open to be fulfilled by anybody. But lately, Pink has been buying items for 0 eth on Blur. How?1/🧵…
Japan’s largest airline group holding company All Nippon Airways (ANA) has launched a non-fungible token (NFT) marketplace featuring aviation photography, digital collectibles and more on the Ethereum blockchain. At launch, the marketplace supports the MetaMask wallet as well as payments with fiat currency via credit card. Source
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The “Grails” non-fungible tokens, created by failed crypto hedge firm Three Arrows Capital, will soon be available for acquisition at Sotheby’s auction. Sotheby’s has announced its plans to facilitate the auction of 37 “Grails” NFTs next month, promoting it as the “most extensive live auction of digital art ever witnessed.” The auction house aims to generate revenue exceeding $5 million, setting a remarkable precedent in this burgeoning market. Adding an air of intrigue to the event,…
The Pixel Penguin alleged ‘charity project rug’ Nonfungible-token (NFT) project Pixel Penguin has caused a stir this week in what a blockchain investigator ZachXBT has alleged is a “charity project rug.” The project quietly launched in February, but drew a lot of attention on May 31 following a Twitter thread from Web3 influencer Andrew Wang. I woke up today to see one of my friends trending on twitter, @Hopeexist1. she made a collection to help herself battle cancer and some awesome web3 people spotlighted her today, so i’d like to…
According to its website, Fewos are characters in Fewoworld, Fewocious’ Web3 universe of digital art. The three species of Fewo NFTs – Frankenstein, Misunderstood, and Humanoid – have their own unique artistic traits. There are no details on the price of the NFTs at this time. Source