Bookmarking Crypto Insights
Auto Added by WPeMatico
Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token (NFT) technology. Nine months later, Gamestop has revealed it is partnering with the layer two (L2) Ethereum scaling project, Immutable X. The two teams have also established a $100 million fund dedicated to NFT creator … Read more
“Our goal is that this billboard campaign will plant the seeds of understanding that there’s actually something to crypto,” said Sam Feldman. Go to Source Powered by WPeMatico
The CEO of the new NFT platform says that it won’t require users to have a crypto wallet, and will prioritize ease of access for a mainstream audience. Go to Source Powered by WPeMatico
It’s a dilemma: Delegitimize CryptoPunks V1 and face severe pushback from V1 owners, or legitimize CryptoPunks V1 and cause brand dilution, which may lead to a drop in the value of CryptoPunks V2. Go to Source Powered by WPeMatico
“You can buy gold, diamond, crypto, but that will have not have the value authorization by government,” said T.V. Somanathan. Go to Source Powered by WPeMatico
Smart contract activity in the Tezos ecosystem has surged over the past year as it becomes a magnet for NFT activity. Go to Source Powered by WPeMatico
Following Adidas and Nike getting into the metaverse, the sneaker manufacturer New Balance seems to be prepping to launch virtual items tied to its products. The firm filed three trademark applications with the United States Patent and Trademark Office (USPTO) that describe “downloadable virtual goods” featuring “footwear, clothing, sports bags, sports equipment, and accessories for … Read more
It’s a blow for the NFT space as Kanye West, or Ye, lashes out against the tokens in an Instagram post. Go to Source Powered by WPeMatico
The Canadian singer Justin Bieber has purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for 500 ethereum or $1.29 million at the time of settlement. Bieber has a significant collection of NFTs and his wallet holds 340.43 ether worth $879K. Justin Bieber Spends $1.29 Million in Ethereum for BAYC #3001 Justin Bieber spent … Read more
Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin blockchain-based NFT sales (Axie Infinity) dropped … Read more