Sara Gherghelas, blockchain research analyst at DappRadar, told CoinDesk that while Blur is overtaking market share and challenging the historically leading NFT marketplace OpenSea, the marketplace isn’t bringing new traders into NFTs. While OpenSea is targeted towards retail traders, Blur’s focus on professional traders may be raising trading volumes, not new buyers. Source
Flare, the layer-1 Ethereum Virtual Machine (EVM) blockchain, went live on Jan. 10 after it launched two core protocols for decentralized interoperability applications. The blockchain network allows developers to create applications that are interoperable between various blockchain ecosystems and internet platforms. Less than one month later, on March 2, Flare welcomed the nonfungible token (NFT) platform Sparkles on its layer 1 oracle network. According to the announcement a primary goal of the Sparkles NFT platform is to hone in on the interoperability of native Flare protocols to increase use cases…
A proposal by Nouns revealed that Peleg was offered $140,000 in funding for the 3D-printed fashion collection. A web3 enthusiast and fashion designer Danit Peleg recently showcased her first 3D-printed fashion collection inspired by 3D NFT community Nouns. Since Nounces went live in 2023, the Ethereum project auctions a new non-fungible token each day. Also, proceeds from the digital collectible go to an open-source intellectual property. The fashion designer displayed her 3D-printed fashion collection at the NFT Paris Conference, which was held on the 24th and 25th of February. Popular names…
Binance’s newly launched artificial intelligence-powered nonfungible token (NFT) generator has been churning out digital art at full capacity, reaching a cap of 10,000 NFT mints in just 2.5 hours after launch. On Mar. 1, the world’s largest crypto exchange Binance launched an AI-powered NFT generator called “Bicasso” in beta. Binance CEO Changpeng Zhao told users “you can turn your creative visions into NFTs with AI,” following it up a couple of hours later with “Bicasso first pilot just completed with 10K NFT minted in 2.5 hours. The AI was a…
Binance’s newly launched artificial intelligence-powered nonfungible token generator has been churning out digital art at full capacity, reaching a cap of 10,000 NFT mints in just 2.5 hours after launch. On March 1, the world’s largest crypto exchange Binance launched an AI-powered NFT generator called “Bicasso” in beta. Binance CEO Changpeng Zhao told users “you can turn your creative visions into NFTs with AI,” following it up a couple of hours later with “Bicasso first pilot just completed with 10K NFT minted in 2.5 hours. The AI was a little…
On Wednesday, Binance CEO Changpeng Zhao, also known as CZ, announced the launch of a new non-fungible token (NFT) platform infused with artificial intelligence (AI). The AI-centric product is named Bicasso, and CZ said the beta version dropped today and was limited to 10,000 mints. Combining AI and NFTs: Binance CEO Announces Bicasso Artificial intelligence (AI) has been popular in 2023, with Openai’s platform Chatgpt, also known as GPT-3, making headlines, and artists using AI-centric art programs such as Nightcafe, DALL-E, Starry AI, Jasper, and Deep AI. On March 1,…
Similar to AI art platforms such as DALL-E or Midjourney, Bicasso users can type in a creative prompt to produce a unique image, or they can upload an image for the tool to adapt. Users can then mint their images as NFTs on Binance’s native BNB chain. Source
A conventional treasure hunt is a game where players use hints or a map to find hidden objects, which are typically tangible items, such as coins, toys or other rewards. The game typically takes place outdoors and calls for both physical effort and problem-solving abilities. However, blockchain treasure hunts are becoming increasingly popular as blockchain technology gains wider adoption and people become more interested in exploring new and innovative ways of using this technology. A blockchain treasure hunt uses the security and transparency of blockchain technology to create a new…
Alright, they’re not exactly NFTs. Nonetheless, ‘TwelveFold’ is the name of Yuga Labs new venture to build creative on Bitcoin. There’s been substantial hype and interest in this unique corner of the NFT community, powered by inquisitiveness and bolstered by your everday crypto degen. It’s led to a very ‘underground’ feel that is bound to not last much longer – as things often move quickly in this space. What are Bitcoin NFTs all about? First: they’re ‘ordinals,’ not NFTs. And now that Yuga Labs is jumping in, we might find…
Stacks is one of the first blockchains to enable a way for minting Bitcoin (BTC) Ordinals, which puts it in an excellent position to benefit from the hype. However, Ordinals have invoked an issue from the past where Bitcoin maximalist ideologies will be tested if the NFTs lead to network congestion. On top of that, Stacks has yet to deliver all the functionalities required to support an NFT trading ecosystem and it faces competition from projects in other blockchain ecosystems. The fundamental and technical analysis of the project suggests that…