Tag: NFT

Donald Trump’s NFT cards value surges following his indictment

In a hearing on March 30, a US jury passed a verdict indicting former US president and commander-in-chief Donald Trump. All of a sudden, this sparked interest in his infamous NFTs again. Donald Trump, the former president of the USA, has faced serious legal problems in recent weeks. 🚨MAJOR BREAKING: Donald Trump has officially been INDICTED by a Manhattan grand jury on criminal charges relating to his illegal hush-money payment to Stormy Daniels. Trump is the FIRST president in U.S. history to be indicted. He’ll soon be booked, fingerprinted and…

Non-Fungible Token Sales Slid 31% Lower in March With $882 Million in NFT Sales – Market Updates Bitcoin News

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According to statistics, the number of non-fungible token (NFT) sales in March was 31.42% lower than the previous month, dropping from $1.03 billion in sales for February to $882.89 million. The number of NFT buyers and transactions also declined, by 22% to 29%, over the last 30 days. March NFT Sales Slow, Ethereum Sales Dominate by Over 60% In March, sales of non-fungible tokens (NFTs) dropped by 31% compared to the previous month, as the number of buyers and transactions declined. Data shows that in February, NFT sales reached $1.03…

MetaBirkins Artist Mason Rothschild’s Latest NFT Project Ignites Market

For one, the project plans to collaborate with several NFT artists to design its rotating artwork. Collectors have the option to “freeze” their NFT’s metadata on an artwork that they like, resulting in a collection with evolving rarity that will reveal itself over time. However, users will not know which artist Gasoline has commissioned until the next artwork shift is made, shifting the focus to the art rather than the artist. Source

Avalanche launches initiative for digital artists, NFT creator protests Sotheby’s gender bias, and more

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In a March 30 blog post, The Avalanche Foundation announced the launch of Avaissance, an initiative designed to support digital artists and boost the growth of the Avalanche nonfungible token (NFT) ecosystem. Avaissance has two main components, an Artist in Resident program (AIR) for over 50 artists and the Mona Lisa Initiative (MLI) to curate digital art and expand the collections of art-focused decentralized autonomous organizations (DAOs). Avaissance begins! The Avalanche Foundation is launching the Avaissance initiative to grow the #AVAX NFT ecosystem and support its budding artists. The program…

Argentinian Airline Flybondi Issues Every Ticket as an NFT

“With this launch, we seek to generate a positive impact in the aviation industry through innovation and an application of blockchain technology,” said Flybondi CEO Mauricio Sana in a press release. “Changing the rules of the game is never easy, but we know that it is our objective to evolve and offer our passengers a new stage of the freedom to fly.” Source

UK Government Drops Plan to Launch NFT With Royal Mint – Regulation Bitcoin News

The U.K. government has confirmed that it is not proceeding with a plan to launch a non-fungible token (NFT). British Prime Minister Rishi Sunak asked the Royal Mint to create an “NFT for Britain” while he was serving as the Chancellor of the Exchequer last year as part of his efforts to make the U.K. a global hub for crypto-asset technology and investment. Britain Drops NFT Plan Parliament Member Harriett Baldwin, chair of the House of Commons Treasury Select Committee and a member of the NATO Parliamentary Assembly, asked the…

NFT investor accidentally burns CryptoPunk: Nifty Newsletter, March 22–28

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In this week’s newsletter, read about Sony filing a patent for a nonfungible token (NFT) framework for games, and how executives believe that Grand Theft Auto (GTA) and Minecraft developers may change their minds on blockchain technology. Learn how an NFT collector accidentally burned a CryptoPunk worth $135,000 while trying to borrow funds, and find out about Disney reportedly sacking its metaverse division. In other news, His Majesty’s Treasury in the United Kingdom has dropped the Royal Mint NFT project.  Sony eyes NFT transfers across multiple game platforms, reveals patent…

AI technology is reshaping NFT gaming — Here’s how

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With the meteoric rise of artificial intelligence (AI) technology, many people are wondering: How will AI influence the video game industry? AI has already begun to influence video games in a number of ways, and it is likely to continue to do so in the future. Video games are a common joy for many, and they are manufactured for almost everyone, regardless of age, gender, interests or preferred gaming platform, with millions of people playing them worldwide. In fact, according to the Entertainment Software Association, in 2020, 65% of American…

Polygon to help fight NFT scams with Web3 infra protocol partnership

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Wakweli, a Web3 infrastructure protocol that issues certificates of authenticity for nonfungible tokens (NFT), has officially partnered with layer-2 scaling platform Polygon to make NFT authentication possible. The partnership between Polygon and Wakweli means all digital assets on Polygon will be compatible with Wakweli’s certification system. According to the announcement, every NFT project holder on the Polygon chain can request authenticity certificates for each asset. The collaboration generally aims to enhance the security of the digital ecosystem. In response to the cost of the certificate authentication for users, Antoine Sarraute, co-founder of Wakweli,…