Tag: NFT

Web3 Culture is Not Dead, Say Brand Leaders, NFT Builders

“When you take all these top brands creating case studies and proof of concepts and exploring the space, that creates another entry point for someone who’s in another part of the world operating the culture in a different way,” said Gilliam. “The leaders that we have in the space right now, whether it’s an NFT project or a [decentralized application], they’re solving problems for a specific group of people.” Source BrandBuildersCultureDeadLeadersNFTWeb3 CryptoX Portal

Art Blocks Co-Founder Erick Calderon Uses Free Market Ideals to Defend NFT Creator Royalties

Calderon delivered a defense of creative royalties – and the incentives that they encourage on the part of artists – that wouldn’t be out of place in an Ayn Rand novel. According to Calderon, NFTs incentivize artists to think more deeply about their artwork and engage continuously in the NFT community. With the prospect of a bigger, prolonged payday, Calderon thinks artists will create better, more valuable artwork – with the benefits (and profits) trickling down to speculators. Source

Romania to launch national NFT marketplace: Nifty Newsletter, April 19–25

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In this week’s newsletter, read about how Romania plans to drive Web3 adoption in the country using NFTs. Check out how Sotheby’s will auction off some NFTs of the collapsed crypto hedge fund Three Arrows Capital. In other news, find out how games and tokenization are driving the maturation of the NFT space and how a second batch of Trump NFTs sold out a day after launch. And don’t forget this week’s Nifty News featuring Yuga Labs’ victory in court. Romania plugs into Web3 with national NFT marketplace Romania’s National…

Coinbase CEO Brian Armstrong Backs NFT ‘Stand with Crypto’ Campaign

Coinbase emphasized that all proceedings related to Stand with Crypto NFT collection launched through ZORA will be donated to vetted organizations. The biggest cryptocurrency exchange in the United States Coinbase has recently filed a lawsuit against top financial regulators Securities and Exchange Commission (SEC). The move comes after months of embittered relations between the two parties over SEC’s stringent regulatory policies for all companies dealing with crypto. As the crypto exchange chooses the legal path to get regulatory clarity, Coinbase CEO Brian Armstrong minted an NFT recently and asked the…

Romania Makes Web 3.0 Move, Launches NFT Trading Platform

There is now a high expectation that Romania will see a big boost, especially in the area of the adoption of Web 3.0 and blockchain technology. Romania, keen on driving Web 3.0 adoption in the country, is set to launch a national non-fungible token (NFT) trading platform through the National Institute for Research and Development in Informatics (ICI Bucharest). According to reports, the NFT marketplace, dubbed ICI D|Services, will go live on April 26. That is, public and institutional users may begin to mint, manage and trade their unique NFTs…

Polygon, Cardano and Solana See Rise in NFT Sales

It appears the overall NFT market has cooled amid an extended crypto winter, with a handful of collections eliciting brief spikes in trading over the past few months. According to a Dune dashboard by SeaLaunch, the number of unique users across top NFT marketplaces including Blur, OpenSea and LooksRare fell to 7,805 on April 19, a low not seen since July 2021. The number of sales across NFT marketplaces also fell sharply, with 16,149 sales recorded on April 19, according to the same data from Dune. The last time the…

Romania plugs into Web3 with national NFT marketplace

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Romania’s National Institute for Research and Development in Informatics (ICI Bucharest) aims to drive Web3 adoption in the country with the launch of an in-house nonfungible token trading platform. The institutional NFT platform, dubbed ICI D|Services, will go live on April 26 and aims to create a link between private and public sector institutions and users. The platform is primarily an NFT marketplace, allowing public and institutional users to mint, manage and trade NFTs. Cointelegraph spoke to ICI Bucharest blockchain laboratory coordinator Paul Niculescu-Mizil Gheorghe to unpack the impetus behind the…

China’s Neo reveals phygital device, aims to catalyze NFT activity

Neo, a blockchain in China building what they describe as a Smart Economy and once a stiff competitor of Ethereum, has unveiled OneBand, a phygital NFT device. Neo unveils OneBand In a Medium post on April 22, Neo said OneBand is a physical ring cryptographically tied to a non-fungible token (NFT).  The physical ring and the NFT, Neo clarifies, are intrinsically linked since the ring is embedded with a near-field communication (NFC) chip and a censored BIP32 master key.  The BIP32 master key standard has been adopted broadly. It would allow NFT…

Blur fixes bug, affected NFT traders to get big bonuses

Non-fungible token (NFT) marketplace, Blur, has fixed a bug in its message processing that affected some bids canceled in the last 80 hours. Blur detects bug Blur’s chief executive officer (CEO), Pacman, has released a statement confirming that they had detected a bug at around 8 pm PT. Afterward, they disabled the bid to accept a functionality. In 30 minutes, 36 affected bids were received. The team fixed the issue and bids were enabled 30 minutes later at 11:05 pm PT.  Update: At around 8pm PT today, we detected a…

Toy Manufacturer Mattel to Launch P2P Marketplace for Virtual Collectibles on NFT Platform – Blockchain Bitcoin News

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On April 20, the American toy manufacturing company Mattel announced an update to its virtual collectibles platform, which will go live on April 27. The peer-to-peer platform, called Mattel Creations Virtual Collectibles, will coincide with the Hot Wheels NFT Garage Series 5, featuring some of Hot Wheels’ most popular car designs. Mattel Creations Virtual Collectibles Platform to Launch Peer-to-Peer Market Feature The toy manufacturer Mattel, Inc. (Nasdaq: MAT) is continuing to expand into the non-fungible token (NFT) realm with the latest update to its Mattel Creations Virtual Collectibles platform. The…