The Non-Fungible Tokens (NFTs) business has grown to become a crypto sector valued at $2.1 billion, and OpenSea has played an important role in the expansion of its use around the world. OpenSea was established in 2017 and has already facilitated more than $20 billion in NFT volumes from over 2 million collections. In addition, … Read more
An intriguing new development is that the Celo Foundation has partnered with Google Cloud services. The purpose of this partnership is to encourage initiatives inside the Celo blockchain ecosystem and advance the mass adoption of Google Cloud services. As a result of this partnership, startup owners who choose to build their products on Celo will … Read more
After successfully launching the Solana ecosystem a year ago, authentic 90’s gaming and collectibles firm POG Digital NFTs is getting ready to launch on the Ethereum blockchain, the largest DeFi ecosystem. POG Digital claims (1) that the minting of NFTs on the Ethereum platform will begin on April 6 with a quantity of 4,444 units. … Read more
New technologies, like web3, are presenting businesses with new opportunities for distribution. A perfect example of this would be airlines, which now have additional channels via which they may sell tickets. Flybondi LCC, Argentina’s first low-cost carrier and one of the most recent businesses to embrace web3, is also one of the most innovative enterprises. … Read more
Wakweli, a company that provides infrastructure services for Web 3.0, has signed a strategic collaboration agreement with Polygon, a layer-2 protocol that is based on Ethereum. Wakweli will expand its Non-Fungible Token (NFT) certification system to Polygon for the benefit of all applications based on the protocol, according to the terms of the agreement contained … Read more
The United Kingdom Treasury Department has disclosed that it would not carry out its initial plans to produce a non-fungible token (NFT). These plans have been in the works for some time. According to a proposal submitted in April 2022 by Rishi Sunak, who was serving as Chancellor of the Exchequer at the time and … Read more
With the declaration of a multi-year partnership with Yuga Labs, a Web3 firm that is the creative force behind a number of well-known NFT collections, such as Bored Ape Yacht Club, Gucci is steadily moving its attention to the Web3 space. Project 10KTF is a collaboration between the Cryptopunks, Mebits, and Narrative NFT. Otherside, a … Read more
Polygon has been chosen by the South Korean video game conglomerate Nexon to handle the Web3 connectivity of its MapleStory World. Reports indicate that the video game publisher with headquarters in Tokyo intends to establish (1) a Polygon supernet in order to provide support for the in-game content associated with MapleStory Universe. According to recent … Read more
The NFT Nike Air Force 1 Sneakers, which were designed in conjunction with the digital art design company RTFKT, is now making its way into the actual world, courtesy of Nike Inc. The conception of the NFT was undertaken by the American shoe giant and the design firm, with the assistance of the Japanese artist … Read more
PLBY Group has disclosed that during the previous year, the price of the Ethereum (ETH) assets it possessed decreased by approximately $4.9 million. The parent business of Hugh Hefner’s Playboy has confirmed that the impairment loss was caused by the crypto winter that stormed thru the sector and adversely impacted market values across the board. … Read more