Metaverse | DeFi | Nfts | Trading

2024-02-27 14:17:01 Yuga Labs to Support Only Royalty-Respecting NFT Platforms

Yuga Labs, the creator of the beloved Bored Ape Yacht Club and Mutant Ape Yacht Club NFT collections, has announced a significant change in partnership preferences with NFT marketplaces. The company has adopted an open stance, partnering solely with platforms that respect the creator’s right to payment of royalties. This action highlights the increasing worry concerning artists’ rights with the explosion of the NFT sector.

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2024-02-26 22:57:03 Weekly NFT Sales Rise 17% With Bitcoin Climbing Back to Second in Volume

Based on the most recent international standings and weekly figures, sales of non-fungible tokens (NFTs) have surged by 17.66% in the past week, amassing slightly more than $306 million in sales. This uptick marks a jump from last week’s 16.8% rise in NFT sales, with the leading blockchains in terms of volume — Ethereum and Bitcoin — both experiencing growth in the last seven days.

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2024-02-26 11:27:02 XXXTentacion's Estate Set to Release Unreleased Songs as NFTs

XXXTentacion’s estate is keeping the artist’s legacy by turning a new set of unreleased songs into NFTs. XXXTentacion’s former manager Solomon “Sounds” Sobande and his estate—which is run by his mother Cleopatra Bernard—YellowHeart to create the non-fungible tokens. Although the songs are formerly unreleased, Sobande explains that the five tracks aren’t brand new. In fact, they’re from X’s time as a SoundCloud sensation.

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2024-02-25 23:37:02 SBINFT’s Jangdeok Ko Links the Surge in NFT Piracy to the Ease of Token Minting

Since Japan designated Web3 as a “national strategy,” an increasing number of traditional companies in the country have either merged or are contemplating integrating their businesses with Web3, Jangdeok Ko, the CEO of the non-fungible token (NFT) marketplace SBINFT, has said. Ko conceded however that many of these companies are still in the “trial-and-error stage,” as they continue to explore the most effective ways to incorporate Web3 into their operations.

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2024-02-25 08:47:01 Kingdom launches heritage metaverse initiative

Saudi Arabia’s Ministry of Culture has launched an initiative in the Metaverse, supported by an artificial intelligence system for Generative Media Intelligence, according to the Saudi Press Agency. The dynamic digital environment allows users to discover the Kingdom’s heritage by taking part in simulated activities. The collaboration with droppGroup utilizes Hyperledger Fabric 2.5 blockchain technology.

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2024-02-24 21:07:01 Jump.trade launches rental pass NFTs on Aptos blockchain

Jump.trade, the leading gaming NFT ecosystem and the biggest marketplace in Asia, has announced the minting and claiming of rental pass NFTs by more than 600K users, including its existing users and first-timers. The Rental pass NFT will augment the gaming experience of its game, Meta Cricket League, and the passes will become the primary way for gamers to rent game NFTs.

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2024-02-24 12:27:02 Saudi Ministry Launches 1st National Cultural Metaverse Platform in the World

The Ministry of Culture announced Friday the launch of the first national initiative in the world of the Metaverse supported by the artificial intelligence system for Generative Media Intelligence (GMI), SPA said on Saturday. The initiative is launched in partnership with droppGroup and its World's First 'Phygital' Metaverse using Hyper ledger Fabric 2.5 block chain technology, which is represented by the Saudi Heritage Metaverse platform.

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2024-02-23 17:57:02 SEI, Omni Foundation propose standard to unify Ethereum NFTs

Sei Labs and Omni Foundation have proposed a new token standard, xERC-721, to facilitate the movement of NFTs across Ethereum chains. Projects to scale the Ethereum blockchain and lower the transaction cost – like Layer 2 scaling solutions and rollups – have flooded the ecosystem, but this new proposal intends to address the fragmentation of NFTs as these tokens exist only on the chain they are minted.

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2024-02-23 11:57:02 MetaTokyo's Digital Yukata Fest Merges Traditional Japanese Fashion with the Metaverse

MetaTokyo and Civic Creative Base Tokyo, with backing from the Tokyo Metropolitan Government and Arts Council Tokyo, are pioneering a path that could redefine cultural exchange. Participants, irrespective of their location or age, are invited to design Yukatas. These aren't just any garments; they're canvases for personal expression that will be transformed into digital attire for avatars in the Metaverse, allowing global sharing and showcasing.

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2024-02-22 21:17:02 Tokyo’s Government Launches Promo Metaverse on Roblox

The Metropolitan Government of Tokyo has introduced a virtual Tokyo Metaverse on Roblox to promote the city as a tourist destination. “MODERN TOKYO” is a cityscape based on Tokyo’s iconic landmarks, such as Tokyo Tower, Tokyo Station, Tokyo National Museum, Odaiba Area, and more, while also hosting a “TREASURE HUNT” activity to learn more about Japan’s capital city.

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