Metaverse | DeFi | Nfts | Trading

2024-03-12 09:47:00 Jeju Island expects travel economy boost with NFT technology

Jeju Island, a renowned subtropical paradise off the coast of South Korea, is embarking on an innovative journey to harness the potential of non-fungible tokens (NFTs) to revolutionize its travel and tourism economy. It also boost other industries also. Despite encountering resistance from Seoul’s stringent regulations on ICOs, play-to-earn games, and NFTs, the island’s officials are now gearing up for a renewed push to integrate this cutting-edge technology across various sectors.

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2024-03-11 20:37:00 Non-Fungible DAO to Airdrop Ordinals $NFTs on Magic Eden

Bitcoin Ordinals traders on the Magic Eden platform are in for a treat as the Non-Fungible DAO recently announced an airdrop of its new Ordinals ‘$NFT’ token is in the works. Non-Fungible DAO’s X post indicates that this initiative is aimed at celebrating the community utilizing MSigner — a tool engineered by Magic Eden that aids in the process of signing Partially Signed Bitcoin Transactions (PSBTs) for managing Ordinals.

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2024-03-10 20:47:00 NFT Marketplace Elacity Enables ERC404 Standard for Revolutionary NFT Functionality

Elacity, the pioneering NFT Marketplace built on Elastos, announced its support for the trading of ERC404 standard NFTs. This technical development enables the buying and selling of fractional NFTs, seamlessly aligning with current token trading standards. Designed from the ground up to integrate the characteristics of ERC-20 and ERC-721 tokens into a single, more flexible model, ERC404 standard NFTs provide customers the ability to buy and sell portions of NFTs rather than previous methods which only allowed for the purchasing of whole NFTs.

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2024-03-10 11:02:02 NFT Gaming Trading 8.7% Higher

Shares of The NFT Gaming Company, Inc. (NASDAQ:NFTG – Get Free Report) traded up 8.7% on Friday . The company traded as high as $0.55 and last traded at $6.16. 1,564,381 shares were traded during trading, an increase of 373% from the average session volume of 330,783 shares. The stock had previously closed at $5.67. The business has a 50-day moving average of $0.47 and a two-hundred day moving average of $0.43.

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2024-03-09 19:57:01 UK Government Explores IP Challenges in Emergent Metaverse Ecosystems

The UK Intellectual Property Office has released an insightful research report addressing the multifaceted concerns and recommendations regarding intellectual property (IP) within the evolving Metaverse(s). The report, finalized in February 2023, stands as a testament to the government's proactive stance in understanding and guiding the development of this nascent digital ecosystem.

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2024-03-09 09:57:01 Batman Back on Blockchain With 'Legacy Cowls' Ethereum NFTs

The Dark Knight is returning to the Ethereum ecosystem in a new NFT collection commemorating the 85th anniversary of Batman's first appearance in "Detective Comics #27." The Legacy Cowls Collection is the next installment of the Bat Cowl Batman-themed NFT series that debuted in 2022. Made in collaboration with DC Comics and Warner Brothers Discovery Group, The Legacy Cowls Collection spans 11,544 digital collectibles using the Ethereum scaling network Palm that will drop on March 29 and be available via Candy Digital for $49.99.

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2024-03-08 19:47:02 Sony Files ‘Super-Fungible Token’ NFT Patent

Sony, the Japanese electronics behemoth, has filed a patent involving the use of non-fungible tokens (NFTs) as part of in-game mechanics. Sony’s patent describes the usage of a “Super-Fungible Token,” an amalgamation of a set of gaming assets, allowing the selection of only one of them per time in the gaming implementation.

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2024-03-08 10:37:01 Bitcoin Ordinals Traders on Magic Eden Will Get NFT Token Airdrop

The upcoming airdrop of the “NFT” token by the Non-Fungible DAO will be offered to Bitcoin Ordinals traders on the Magic Eden marketplace—past, present, and future. The Non-Fungible DAO announced the details in a tweet on Thursday, saying that users of the Magic Eden-developed, open-source MSigner—which lets traders sign Partially Signed Bitcoin Transactions (PSBTs) to conduct Ordinals transactions—will be rewarded in the upcoming token airdrop.

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2024-03-07 18:37:00 NFT Platform Lost Worlds Launches Creation Portal to Enable Simplified GeoNFT Minting

Location-based NFT platform Lost Worlds has launched a new Creation Portal, enabling users to create and deploy geographically-linked digital collectibles (geoNFTs) with unprecedented ease. Previously, creating and deploying geoNFTs required direct coordination with the Lost Worlds team. The Creation Portal changes this, opening the doors to anyone – from individual enthusiasts to large-scale projects – interested in crafting and exploring geoNFTs across any supported blockchain.

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2024-03-07 09:57:01 NFT fantasy sports startup Sorare lays off 13% of staff as web3 gaming continues to sputter

Web3-enabled fantasy sports platform Sorare laid off 22 employees based in its New York office in February. The move comes as the startup wants certain teams to be concentrated at the company’s Paris headquarters to improve communication and efficiency, a source familiar with the matter told TechCrunch. “As we plan for our next stage of growth, Sorare has made the decision to centralize some of our functions at our Paris HQ,” Nicolas Julia, the co-founder and CEO of Sorare, told TechCrunch through email.

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