Tag: NFT

FIO Protocol Launches NFT Domains Wrapped on Polygon – Press release Bitcoin News

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press release PRESS RELEASE. FIO Protocol, the leading decentralized solution for global blockchain usability, has announced the launch of FIO Domain wrapping on the Polygon blockchain. Wrapping is the process of taking a token from one blockchain and making it available for use on another. This launch moves FIO Protocol into the $31.4 billion NFT market by enabling users to buy, sell, and trade their FIO Domains as ERC-721 NFTs on all Polygon-enabled marketplaces. Founded in 2019, FIO Protocol offers NFT domain names that grant users full custody of their…

Giant Bitcoin ‘Taproot Wizard’ NFT Minted in Collaboration With Luxor Mining Pool

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Lines were drawn when the Ordinals protocol, which stores non-fungible tokens (NFTs) on Bitcoin, launched on the dominant blockchain last month. That showdown created two factions – purists who insist on using Bitcoin exclusively for payments and Ordinals fans who welcome NFTs, including this “Taproot wizard” sketch that nearly filled an entire 4 megabyte (MB) block, incurred no transaction fees (although a premium off-chain fee was likely paid) and left Bitcoiners of both stripes mystified. Original

Bitcoin Records Largest Mined Block to Date, 4 MB Block Containing NFT Causes Unease Among Small-Block Supporters  – Bitcoin News

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Amid the controversy surrounding the Ordinals project and the debate over what types of data should be stored on the Bitcoin blockchain, the network mined its largest block, nearly 4 MB in size, containing just 63 transactions. One of the transactions was a 3.94 MB Ordinal inscription featuring an image of a wizard, and the Bitcoin-issued non-fungible token (NFT) has generated significant discussion. Small Block Advocates Speak Out Against the 4 MB Bitcoin Block With NFT Inscription On Feb. 1, 2023, the Luxor mining pool mined the largest block (#774,628)…

NFT Collection Cool Cats Rebrands to Expand its Reach Beyond Web3

“Whether you’re using our PFPs or you’re attending one of our events, or you’re wearing merch, that is the emotional feeling that we want to enable for everyone in our community,” Jaclyn Woo, director of marketing and strategy at Cool Cats, told CoinDesk. “It’s an acknowledgement to our community and our Web3 roots, our communities, the core reason why we’re here today, and as we grow and we evolve, we want to continue crafting stories and building products.” Source

Coinbase NFT Pauses New Collection Drops, Denies Shuttering Marketplace

Coinbase’s NFT drops feature allowed creators to release collections directly on the marketplace, rather than serving as a secondary marketplace such as leading NFT platform OpenSea. According to data from Dune Analytics, Coinbase NFT’s all-time trading volume is 4,454 ETH, nearly $7 million. In the month of January alone, OpenSea raked in a 306,645 ETH trading volume, about $483 million. Source

NFT Fantasy Game Sorare Partners With Premier League for Multi-Year Licensing Deal – News Bitcoin News

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Sorare, a Paris-based NFT (non-fungible token) fantasy game startup, has closed a deal with the Premier League, the first soccer division in the U.K., to make teams and players of the league part of its roster. According to reports, the multi-year agreement involves payments of tens of millions of pounds per year to the league. Sorare Includes Premier League in Its Platform Sorare, a Paris-based fantasy NFT game startup, has closed a deal with the soccer Premier League of the U.K. to use its likenesses as part of its gaming…