Metaverse | Nfts | News

2023-09-08 12:01:38 Casio Dropping Free NFTs to 'Co-Create' Virtual G-Shock Watches

Japanese electronics giant Casio is expanding its sporty G-Shock watch brand into the metaverse with the launch of Virtual G-Shock, a blockchain-based “community co-creation” program in partnership with Polygon Labs. The first step on the roadmap is a collection of 15,000 free-to-mint G-Shock Creator Pass NFTs, which afford holders access to the program’s newly unveiled Discord channel. There they can enter a co-creation competition to create a variant design for the passes.

Casio will begin rolling out the NFTs this month via its official website, with an initial claim window available for users who have a Casio ID from September 23-26, and a public mint to follow from September 26-29. The NFTs will be minted on Polygon, an Ethereum scaling network. “In recent years, with the spread of the decentralized internet known as Web3, demand for experiences in virtual spaces has increased. We have launched this initiative to further expand the G-Shock brand by establishing points of contact with previously unreachable segments of the population,” said Takahashi Oh, senior general manager of Casio’s timepiece division, in a statement.

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2023-09-07 15:37:02 OKX NFT Marketplace Adds Support for Base and Linea

The OKX NFT Marketplace has added support for the Base and Linea chains. The integration follows OKX Wallet adding support for Base and Linea, and allows users access to NFTs across 17 blockchains while bringing the liquidity of OpenSea onto the Base network. Base is a new Ethereum L2 built on the open-source OP (Optimism) Stack. Optimism aims to solve the blockchain trilemma by providing interoperability and composability for participating rollups, one of which is Base.

Linea is ConsenSys's ZK Layer2 project. It utilizes SNARK cryptography technology with the aim of establishing a more scalable Ethereum L2 solution. The OKX NFT Marketplace is the most comprehensive multichain open NFT marketplace in Web3. Supporting 11+ blockchain networks and all major NFT marketplaces like OpenSea, LooksRare, Magic Eden, and more, OKX is your one-stop-shop for buying, selling, trading, and collecting NFTs. A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including the OKX Wallet, NFT Marketplace and DEX.

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2023-09-05 14:19:51 MetaLuck: Reinventing NFT world with a Refreshing Raffle Twist

NFT industry continues to captivate the digital landscape, it has revolutionized the way people perceive ownership, providing a novel medium for creators and collectors to explore unique ownership experiences and unlock unprecedented opportunities. Amidst this growing fervor, MetaLuck emerges as a decentralized NFT Raffle Platform, embodying transparency, inclusivity, and innovative raffle experiences for NFT enthusiasts. And now, it is making waves in the NFT community with its latest campaign, Raffle Rush.

MetaLuck is a raffle platform that transforms the traditional NFT trading model, catering to both sellers and buyers. Sellers are provided with a captivating opportunity to host NFT raffles, thereby maximizing rewards and engaging with their audience in a unique manner. On the other hand, buyers are presented with the thrilling prospect of winning big with a simple purchase of raffle tickets, all conducted through smart contracts. This balanced approach ensures a mutually beneficial ecosystem, driving engagement and growth within the NFT community. Let's say Jane, an NFT creator and holder, is looking to maximize the reach and rewards of her latest collections.

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2023-09-04 21:18:22 August OpenSea NFT Sales Slump Affects Ethereum and Polygon

In August, sales of NFTs on OpenSea witnessed a significant decline, impacting both Ethereum and Polygon-based digital collectibles, as revealed by data from Dune Analytics. Sales of Ethereum-based NFTs plunged by 84%, dropping from $659.02 million in February to $106.12 million in August, while Polygon-based NFTs on OpenSea experienced a steep 94% decline, falling from $109.12 million in February to just $7.02 million in August.

One of the main reasons for this decline is decreased interest in profile picture NFTs (PFPs), which are pictures people use as their online avatars. The PFP NFT market dropped from $5 billion in February to $2.2 billion. Furthermore, user activity for Ethereum and Polygon-based NFTs on OpenSea dwindled, with Ethereum-based NFT sales decreasing by 11% in April compared to the prior month and plummeting by 79% since the start of the year, while Polygon-based NFT sales hit a nine-month low with a 37% drop. The decline in NFT sales on OpenSea, along with the rise of competitors like Blur and the waning interest in PFP NFTs, suggests a shifting landscape in the NFT market.

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2023-09-02 21:58:30 Ethereum NFT trading volume hit two-year low in August

The monthly trading volume of Ethereum-based NFTs hit its lowest level in two years last month as activity on marketplaces OpenSea, Blur, LooksRare and X2Y2 dried up. Trading volume fell to $407 million in August, according to The Block’s data dashboard — a 32% decline from July’s $599 million and marking the lowest trading volume since June 2021. X2Y2 led the decline, falling 40% month-over-month — with Blur, OpenSea and LooksRare trading volumes dropping 38%, 18% and 8%, respectively.

OpenSea — which once dominated the NFT marketplace landscape and fielded investment offers at a $10 billion valuation — also saw its lowest active-user count since July 2021, according to Dune Analytics. OpenSea active users fell 12% to 126,000 in August. While the broader crypto market has suffered significant trading volume declines, NFTs have been hit particularly hard since the 2021 market peak — indicating falling interest. The Bitwise Blue-Chip NFT Collections Index — constituting some of the largest NFT collections, such as CryptoPunks, Bored Ape Yacht Club, Azuki and DeGods — is down 37% year-to-date, a period in which ether has appreciated 37%.

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2023-09-01 22:52:57 FVCKRENDER, LVCIDIA, and Fair.xyz Debut ‘FLUX’ NFT on Base

Digital artist Fvckrender, in collaboration with LVCIDIA and Fair.xyz, is introducing an evolving NFT, called FLUX, which will be exclusively available on the Base blockchain as part of Coinbase’s “OnChain Summer” event, beginning August 30 for 48 hours. Over the course of each month, the ERC-721 token will visually transform to showcase a new piece by an up-and-coming artist, offering them a mechanism to expand their collector base.

Since its inception 10 months ago, Fair.xyz has facilitated creators in amassing over $10 million through primary and secondary sales through a track record of launching over 4,000 digital art collections and approximately 1 million mints. Those who choose to engage with the FLUX NFT have the option to ‘lock’ their NFT to a specific artwork, effectively making the art piece a permanent display within their growing personal collection. This interactive and gamified experience challenges collectors to choose between cherishing the current artwork indefinitely or taking a chance with an entirely new masterpiece on the upcoming month’s artistic lineup.

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2023-08-31 06:54:06 Starknet NFT Minting Event Now Live For Only 24 Hours!

The Starknet ecosystem, a Layer 2 scalability solution for Ethereum, announced an exciting event to mark the milestone achievement of Starknet Mainnet v0.12.1. The Starknet community is gearing up for the release of a special commemorative NFT, symbolizing the remarkable “quantum leap” accomplished by the Starknet mainnet. This NFT release marks a pivotal moment in the platform’s journey toward advancement. In celebration of this significant leap, a 24-hour limited-time official Quantum Leap NFT minting activity is set to launch.

Anticipating the third quarter’s conclusion, the team envisions the network approaching a 3-digit level for Total Transactions Processed Per Second (TPS), a substantial growth from the current 37 TPS during testing and occasional peaks at 90 TPS, far surpassing the prior 10 TPS benchmark. With the deployment of the Quantum Leap v0.12.1 upgrade to the mainnet, the network aims to enhance network processing speed in the near future. The significance of this “quantum leap” cannot be overstated, reflecting a monumental accomplishment for Starknet’s mainnet. The decision to celebrate through an NFT highlights the community’s innovative spirit.

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2023-08-31 01:46:02 Decentra Dragon Founder "Pouyan Roohi" Announces New NFT Project, "Crazy Frens"

The NFT has experienced a falling market in the last few months, but the Dragon project was able to have good price growth in the bear market. With the new developments, Decentra Dragon founder Pouyan Roohi unveils a new era of NFT innovation, "Crazy Frens" an NFT project that aims to redefine the NFT landscape, digital assets, and blockchain-based collectibles. Leveraging the power of artificial intelligence and a captivating mobile game; "Crazy Frens" intends to captivate NFT enthusiasts.

The project will break away from traditional NFT concepts and deliver an interactive experience that transcends the typical limitations of blockchain collectibles. "Crazy Frens" project emerges as a unique comic book authored entirely by artificial intelligence. This pioneering use of AI in the creative process adds an element of novelty and freshness to the NFT world. By blending technology and art, "Crazy Frens" offers a truly immersive experience for collectors and enthusiasts. The great experience of the project’s funder in the financial market along with the tricks of the market maker caused the success and growth of the price of this project.

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2023-08-29 22:49:38 Starknet’s Quantum Leap NFT Drop Sparks Aug 30 Commemorative Frenzy!

Starknet has just unveiled an exciting plan on platform X that is set to captivate enthusiasts and collectors alike. The Starknet community is gearing up to release a special commemorative NFT, heralding the remarkable “quantum leap” achieved by the Starknet mainnet. This commemorative NFT release is poised to mark a significant milestone in the platform’s journey. Scheduled for release on August 30, it holds the promise of being a coveted piece in the world of digital collectibles.

The “quantum leap” signifies a monumental achievement for SN’s mainnet, and the decision to celebrate it with an NFT showcases the community’s innovative and creative spirit. NFTs have surged in popularity due to their uniqueness and ability to encapsulate moments in a blockchain-based format, making them highly sought-after among crypto aficionados. Starknet’s move to commemorate their “quantum leap” with an NFT is a testament to the broader trend within the blockchain space. It underscores the technology’s capacity to document achievements and milestones in an innovative and engaging manner. The NFT not only symbolizes technological progress but also serves as a token of the community’s journey and accomplishments.

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2023-08-28 11:20:29 Japan Explores Military Metaverse for Defense Advancements Amid Shifting Geopolitical Landscape

Japan is intensifying its pursuit of cutting-edge defense technology in response to the complex geopolitical environment, and a military metaverse is emerging as a potentially potent tool for bolstering its armed forces against potential adversaries. In a notable step, the Japanese government released the Defense Technology Guidelines 2023 in June, emphasizing the need to adapt to evolving technologies in modern warfare. This directive identified 12 key priorities for around 200 selected companies participating in the nation’s defense tech initiative.

Notably, these priorities encompass concepts like “visualization of invisible things” and “capabilities that make virtual/imaginary information as real things.” Discussions are anticipated in upcoming meetings with participating firms to explore the creation of a metaverse aimed at deceiving opponents. President’s Professor at Arizona State University’s School of Sustainable Engineering and Built Environment in Civil Engineering, highlighted the intrinsic linkage between unconventional technologies and militarization, suggesting that generating misleading “realities” can be a highly effective approach to counter adversaries’ attacks. This concept aligns with the idea that manipulating perceptions can serve as a strategic defense mechanism, as seen in the context of weaponized narrative, which exploits confusion and social divisions to undermine enemies.

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