NFT

2022-05-09 10:01:23 Open / Comment

2022-05-09 06:00:16 NFT market will reach 13.6 billion dollars by the end of 2027

Reflecting the growing interest in space tokens NFT among investors today, a new study predicts that the current market size of $ 3 billion to reach 13.6 billion dollars by the end of 2027.
Over the next five years the key factors associated with the global boom of the NFT, will continue to influence the growing participation of key influential persons, game communities and the growing demand for digital artwork. Interestingly, the research firm MarketsandMarkets provides several other factors that will contribute to the explosive growth of NFT market, including the growing use cases for supply chain management, retail, and fashion. Open / Comment

2022-03-03 06:02:14 101 CryptoPunk became loan collateral

The loan was provided on the NFTfi platform by liquidity scaling startup NFT MetaStreet. It became the largest of those whose obligations were secured by NFTs.

An anonymous cryptokit borrowed $8 million for 30 days at 10%.

At this pace, the growth of interest of financiers and bankers in the NFT market will grow very rapidly. Open / Comment

2022-03-02 14:01:06 NBA star is accused of NFT fraud Received 1.5 million - gave an autographed T-shirt

De'Aaron Fox from Sacramento decided that he could not miss this opportunity. In December, he announced the creation of his own NFT scam called "SwipaTheFox". The player offered such an invaluable package: a token in the form of an image of an ugly fox in a unique attire (in English “fox”, which corresponds to the player’s last name) for about $400 and for another 0.3 ethereum (about $1,000) a subscription to his personal virtual club , where you could chat with him on the Discord channel and play Call of Duty, and where you could also win tickets to the All-Star Games, merch with his autographs, and as many as five scholarships to the University of Kentucky. Open / Comment

2022-03-02 10:00:42 TEAMGROUP has released its first NFT token - the winner of the auction will also receive a DDR5 kit

TEAMGROUP joined the ranks of computer component manufacturers who announced the release of non-fungible NFT tokens. Referring to the data of Chainalysis analysts, the company notes that record investments are directed to this area, by December last year, 40.9 billion US dollars were spent on smart contracts for issuing NFTs. TEAMGROUP invites everyone to unite and enter the era of the metaverses, the company releases its first NFT, bringing a whole new type of value to its digital content and believing that consumers will be happy to collect digital tokens. Open / Comment

2022-03-02 06:01:21 Why cryptopunks are so expensive

This project was created by Larva Labs back in 2016. They, using an algorithm, generated 10,000 unique characters from random mixed attributes: someone has an earring, someone has glasses or a cigar, etc. like that.

This point - the uniqueness of each character with a larger number of them, is one of the criteria that gives "cryptopunks" value.

After the implementation of the project, the guys did not start trying to sell them, and the company published on some forum that everyone can release one NFT from this collection absolutely free of charge.

But even at that moment, no one took them, because no one even thought about collecting digital art. But after the project was published on one well-known Mashable forum, all cryptopunks were simply dismantled.

And when the hype around them rose, and everyone wanted such a “punk”, there was no such possibility, because all the punks of this studio were released for free. After that, an instant secondary market appeared and the only way to buy a cryptopunk was to buy it from any person.

Thus, the Larva Labs team created a secondary market for collectibles on the blockchain and inspired the developers of the Ethereum network to create a unique protocol for working with NFT called ERC-721.

We can say that “cryptopunks” is the first page, the first chapter of this whole NFT story that is unfolding right now before our eyes.

People buy punks not because of some practical use, but because of a story that proved its viability from 2016, this story continues to this day Open / Comment

2022-03-01 14:01:59 Netmarble unveils NFT-enabled multiplayer action game Golden Bros

The Korean company Netmarble has announced a new multiplayer action game with 3v3 battles called Golden Bros. The game is being developed for PC and mobile devices running iOS and Android, and will also support the newfangled NFT. Users will be able to buy items or loot boxes containing random items and resell them.

Along with the announcement, the developers presented a roadmap. So, according to it, pre-sales of NFT tokens will begin in March and the early access stage will start. In April, a full release will take place and players will be able to trade their items. Until the end of 2022, it is planned to add content, including new heroes, modes and so on.

GOLDEN BROS is a casual 3v3 action game for PC and mobile devices created by Netmarble on the Unreal Engine 4. All players will have 9 characters to choose from by default, but costumes are required to participate in the so-called crypto battles. They are divided into three grades: Premium, Lux and Classic. Only the top two grades are included in Mystery Box loot boxes, which can be resold if desired. Each character has their own costumes related to their story and play style. Open / Comment

2022-03-01 10:01:43 South Korean exchange Upbit is developing an NFT-enabled credit card

Dunamu, the operator of Upbit, the largest South Korean crypto exchange, has signed an agreement with financial company BC Card to launch a credit card that will support NFTs and metaverses. Some items purchased offline with this card will be accompanied by the release of an additional token in the Dunamu 2nd Block metaverse, according to Korea JoongAng Daily. The release date for the Dunamu NFT credit card has not yet been determined. Open / Comment

2022-03-01 06:00:45 Valve CEO Gabe Newell explains NFT ban on Steam

Last fall, Valve opposed the publication of blockchain games on its platform. The company banned the release of such projects on Steam and updated related documents.

According to the creator of Steam, the projects presented in the store of this kind were superficial. In addition, their perception was negatively affected by the ambiguous attitude of people towards NFTs. Users tried to stay away from the topic. Open / Comment

2022-02-28 14:02:27 Dolce & Gabbana and Paco Rabanne to attend Decentraland Fashion Week

The luxury NFT marketplace UNXD, together with the GameFi project Decentraland, announced the participants of Metaverse Fashion Week. It is reported by Vogue Business.

Dolce & Gabbana, Paco Rabanne, Tommy Hilfiger, Jacob & Co, Elie Saab, Etro, Dundas, Nicholas Kirkwood, Cavalli, Axel Arigato and other fashion houses and brands will visit the first metaverse fashion week.

On March 24-27, event attendees will be able to showcase their virtual fashion collections on the catwalk, buy avatar outfits, and join the after-show party. Open / Comment