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In early November the Chinese government made an ambitious plan to boost the nation’s VR industry, now it seems local tech companies are using the World Cup to test-run their products. Go to Source Powered by WPeMatico
Electronics giant Sony has filed a patent that describes the usage of NFT (non-fungible token) and blockchain technology to track the history of in-game digital assets. The filing describes the usage of this tech in order to record the story of modifications and ownership of the digital assets from a given game. Sony Might Use … Read more
The NFT marketplace has clarified its stance on creator royalties after receiving significant public backlash from an earlier post. Go to Source Powered by WPeMatico
The CEO of NFT marketplace Magic Eden said NFT creators “need a sustained revenue model” and with “no way” of currently enforcing royalties a “new asset class” could emerge to enforce them. Go to Source Powered by WPeMatico
Due to immense public demand, Cointelegraph’s digital collectibles launch has been slightly delayed to give waitlisters more perks as part of a fairer launch. Go to Source Powered by WPeMatico
Square Enix, the Japanese AAA game developer and publisher, announced the launch of a new NFT-based gaming franchise, titled Symbiogenesis. The experience, which will be built on top of Ethereum, will leverage the use of NFTs (non-fungible tokens) as art that users can set as profile pictures and use in a separate NFT market. Square … Read more
Royalty enforcement tool only applies to new NFT collections at this stage, with a decision to be made on existing collections at a later date. Go to Source Powered by WPeMatico
Crypto whale action can affect the price of cryptocurrencies and tracking these whales can offer invaluable and timely insights into price movements. Go to Source Powered by WPeMatico
NFTs can be fixed-priced or sold during an auction. However, creators should consistently sell to demonstrate a proof-of-concept to boost the NFT’s floor price. Go to Source Powered by WPeMatico
Non-fungible token (NFT) sales increased a great deal during the last seven days as NFT sales jumped 56.73% higher than sales recorded the week prior. Over the last seven days, out of 889,499 NFT transactions, NFT sales volume reached a total of $170.48 million this past week. Art Gobblers and Keepers Collections Give NFT Sales … Read more