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The blockchain firm Aave has launched the Lens Protocol, a social media project with applications built on the Polygon blockchain. Lens is similar to the social media platform Twitter but Lens profiles are linked to a non-fungible token (NFT) that can be ported into decentralized applications. Lens Protocol Is Live – Aave Founder Believes People … Read more
The Tezos Foundation recently said it has committed $1.23 million to a fund that will be used to collect non-fungible tokens (NFTs) created by African and Asian artists. Photographer Misan Harriman has been selected as the curator of the foundation’s permanent art collection. Supporting a New Generation of Artists The Swiss non-profit organization, Tezos Foundation, … Read more
Time Magazine, Rarible and Aleksandra Artamonovskaja share insights into the values and visions that leading NFT projects and figureheads seek to uphold as the market enters a financial downturn. Go to Source Powered by WPeMatico
Not all the experts are rushing to call the development “groundbreaking,” but it will certainly help the industry combat fraud. Go to Source Powered by WPeMatico
The tourism organization in Portorož, a summer resort on the Adriatic coast of Slovenia, has decided to promote the destination using non-fungible tokens (NFTs). The project represents the digital component of this year’s campaign to attract visitors to the region. Tourists in Portorož to Collect NFTs and Win Prizes Shortly after the Slovenian Tourist Board … Read more
What are the most common NFT scams and how can you avoid them? Are the non-fungible tokens still worth the shot? Go to Source Powered by WPeMatico
As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collections like Bored Ape Yacht Club (BAYC), Cryptopunks, and more have seen their floor values drop between 2-25% in the last 24 hours. NFT Floor Values Take a Significant Beating NFT sales have dropped 64.84% lower … Read more
The absence of a well-defined regulatory landscape sows uncertainty in the crypto industry. What should the regulators do to set things right? Go to Source Powered by WPeMatico
The effort will include issuing guidance for NFTs and ICOs, expanding infrastructure and supporting CBDC research. Go to Source Powered by WPeMatico
Kucoin, a Seychelles-based cryptocurrency exchange, has announced it has raised $150 million in a pre-Series B funding round. The negotiation, which was led by Jump Crypto with the participation of other investors including Circle Ventures, IDG Capital, and Matrix Partners, has conferred the exchange a valuation of $10 billion. The exchange will use these funds … Read more