The relationship between the Commodity Futures Trading Commission (CFTC) and industry professionals appears to be in stark contradiction with other US authorities, such as the SEC, which has portrayed itself in a manner that is quite unfriendly toward cryptocurrencies. In a recent announcement, the Commodities Futures Trading Commission (CFTC) named Carole House, an ex-official in … Read more
By “allowing them to generate new forms of digital products to market,” Meta thought, Web3 would improve the economic paradigm for creators. In less than a year since introducing NFT-related capabilities, Meta Platforms Inc has stated (1) that it will discontinue support for NFTs on its Facebook and Instagram networks. CEO Stephane Kasriel tweeted the … Read more
The most eagerly awaited project on Shibarium, a layer 2 technology developed by Shiba Inu, the Shiba Inu Metaverse, Official beta debut on Saturday. And at the recent South by Southwest (SXSW) event, the programmers presented an in-depth glimpse at what it would look like in a sector of the Metaverse’s domain called the WAGMI … Read more
Nissan is not the first automobile manufacturer to submit a patent application for one of its vehicles. Several trademark registrations for Web3 have been submitted by General Motors, Ford, and Mercedes, respectively. Four applications for the web3 trademark have been submitted by the Japanese automobile manufacturer Nissan to the United States Patent and Trademark Office … Read more
The Danish toymaker Lego is expanding its assault into the virtual world by joining forces with the video game industry facilitator Epic Games. The Lego Group is teaming together with game engine maker Epic Games to develop a metaverse-driven effort aimed at the digital market. According to sources, the famed Danish toy company intends to … Read more
The cryptocurrency engagement of the esports organization TSM is not yet finished. TSM is still focused on the bigger picture despite the strong esports player being in the middle of the aftermath of the FTX scandal late in the previous year. The organization is entering into a new business arrangement with blockchain Avalanche, which will … Read more
The Sandbox announced on its official Twitter page that they are launching 2,333 Gordon Ramsay Avatars, which will be called the Hell’s Kitchen Avatar collection. The minting of these Avatars is scheduled (1) to take place later in the month of March, and lucky holders will have the opportunity to use one of the NFTs … Read more
According to recent reports, the e-commerce behemoth Amazon Inc is getting ready to roll out its NFT platform very soon. According to the details, the debut is scheduled for April 24th of the following month. Amazon is reportedly (1) getting ready to start selling non-fungible tokens (NFTs) on its website, as revealed in an exclusive … Read more
Chiliz Labs, a global pioneer in blockchain technology for Web3 sports and entertainment, made the announcement about the beginning of its $50 million USD incubator and accelerator program on March 1st. Chiliz Labs Started the Incubator Chiliz is working to create the largest community in the sports and entertainment industries consisting of fans, brands, … Read more
On March 1, the cryptocurrency exchange Binance made the announcement that it would be launching the non-fungible token (NFT) marketplace application known as Bicasso. Bicasso is a novel NFT generator powered by artificial intelligence (AI), comparable to existing platforms such as DALL-E and Midjourney. What is Bicasso? Users are able to enter into their … Read more