The most influential people in the non-fungible token (NFT) industry believe that the recent speculations regarding an Amazon NFT platform that might significantly shift the competitive landscape. Once Amazon CEO Andy Jassy commented (1) that the online retail giant would offer NFTs, suspicions began circulating regarding the platform. Since then, other reports have surfaced detailing … 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 whale account has completely liquidated all of its Moonbirds NFTs, resulting in losses of up to 32% of their value on its investments. An Ethereum whale account managed to unload a staggering 500 non-fungible tokens belonging to the Moonbirds collection over the course of the previous weekend. The results, on the other hand, suggest … 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
Starbucks Corporation, an American global chain of coffeehouses, has released its newest collection of Non-Fungible Tokens (NFT), which it has dubbed “The Siren Collection.” According to reports, the collection, which consisted of two thousand artifacts referred to as stamps and offered as part of the Odyssey program, sold out in only around 18 minutes. Despite … Read more
Amazon is working on a project that will improve the overall quality of the customer experience, and it will be centered on its NFTs. Reports indicate (1) that the e-commerce behemoth is working toward linking NFT ownership to the actual delivery of items to clients. Thanks to this new turn of events, Amazon’s first attempts … Read more
The Forkast 500 NFT, Forkast SOL NFT Composite, and Forkast ETH NFT Composite are the respective components of the three NFT indices, as stated in a recent article (1). These indexes are intended to help reestablish faith in crypto data and analytics, and they are promoted as having the potential to act as the S&P … Read more
Getty Images is getting ready to provide individual collectors with new photography NFTs. Getty Images, responsible for creating visual material, will create NFTs using pictures from its 1970s cultural and musical collection thanks to cooperation with Candy Digital. The latest collection resulted from Candy Digital and Getty Images collaboration (1) in May 2022. At the … 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
Yuga Labs has officially finished bidding for the TwelveFold collection, which was the company’s first Bitcoin-based non-fungible token (NFT). During the auction, which lasted for a whole day, there were 288 successful bidders who could take home as many items from the library. In addition, the company claims (1) that it has made a profit … Read more