Tag: NFT

Binance tightens NFT rules: Nifty Newsletter, Jan. 18–24

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In this week’s newsletter, read about how nonfungible token (NFT) sales reached 101 million in 2022. Learn how NFTs can be used to summon defendants who cannot be reached using traditional methods, and see how toys play a role in the NFT and Web3 ecosystem. Check out how Binance is tightening its rules on NFT listings, and don’t forget this week’s Nifty News, featuring the resurgence of former U.S. President Donald Trump’s NFTs.  NFT sales topped 101 million in 2022: DappRadar report A report published by decentralized app tracker DappRadar…

Exclusive NFT presale to treat all the hard workers, feat. Snoop Dogg and Billy Ray Cyrus

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Blue-collar workers are the gears that make the world go round. They turn in a hard day’s work day after day, so there is little question that these professions hold a valuable place in society. Unfortunately, despite their contributions, these hard workers often go unnoticed. Cointelegraph and Web3 metaverse concert platform Animal Concerts have joined together to recognize the efforts of hard workers and overachievers with a nonfungible token (NFT) collection named A Hard Working Man (AHWM). Inspired by “A Hard Working Man” — a song from The Avila Brothers,…

Doodles Releases Eagerly Awaited New NFT Project Doodles 2 on Flow

“We’ve productized the community’s desire to customize their Doodles so that it matches their IRL vibe exactly,” said Doodles head of product and co-founder Jordan Castro. “Tech aside, Doodles 2 is the passport that’s used in all of our products – experiences, games, apps, music, animation releases, to bring further personalization, customization and rewards to our fans.” Source

Porsche Backpedals Its NFT Minting Plan as Floor Price Collapses

After a strong community backlash over very high minting prices and lack of communication, Porsche decided to backpedal its NFT plans. On Tuesday, January 24, luxury automobile maker Porsche announced that it would be ending its NFT minting program. Based on the classic Porsche 911, the German automobile maker introduced the 7,500-piece NFT collection back in November 2022, created by 3D artist Patrick Vogel. However, the NFT minting program from Porsche ends within just two days of launch earlier this week on Monday. As minting opened up this Monday, each…

Porsche ends ‘low effort’ NFT mint early, Oreo dunks into the Metaverse and more

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Porsche criticized for ‘low effort’ NFTs, ends mint early Car manufacturer Porsche had to cut short a nonfungible token (NFT) mint of its famous white 911 model only two days after the public mint started, saying its “holders have spoken.” The Jan. 23 launch was seen by some as a huge flop for Porsche with just 2,040 of the 7,500 NFTs available having been sold at the time of writing. Our holders have spoken. We’re going to cut our supply and stop the mint to move forward with creating the…