https://t.me/Nfts_Daily

2022-05-05 13:10:03 Scammers Net $5M In Stolen NFTs After BAYC Virtual Land Sale Disaster

Days after Bored Ape Yacht Club creators Yuga Labs promised to refund anyone who paid thousands of dollars in Ethereum fees for a failed transaction after a virtual land sale clogged up the blockchain and wasted millions, scammers have moved in to take advantage of the chaos.

A simple Twitter search for "Otherdeed"-the virtual land NFT offered by Yuga Labs as part of its upcoming "Metaverse" game known as Otherside -reveals a non-exhaustive list of accounts offering giveaways, lotteries, raffles, refunds for transaction fees, and chances to claim Otherdeed NFTs. Among them are scammers who have created phishing scams targeting those pinched by high gas fees during the Otherdeed sale's frenzy this weekend.

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2022-05-04 15:10:03 NFTs Are Dead? OpenSea Just Set a New Daily Trading Record of $476M in Ethereum

This weekend’s launch of deeds for virtual land plots on Otherside—a metaverse game from the creators of the Bored Ape Yacht Club—generated hundreds of millions of dollars’ worth of NFT sales and played havoc with the Ethereum network. It has also since prompted a new daily record for OpenSea, the top NFT marketplace.

OpenSea registered more than $476 million worth of Ethereum NFT trades on Sunday, May 1, following the late Saturday launch of the Otherside project. That’s according to figures culled from public Ethereum blockchain data by analytics platform Dune. The previous single-day record for OpenSea was nearly $323 million, set on August 29, 2021.

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2022-05-03 17:25:03 BAYC Team Raises $285M With Otherside NFTs, Clogs Ethereum

After much ado, Yuga Labs held its long-awaited digital land sale on Saturday evening – a public debut for its “Otherside” metaverse project. While the resulting land rush generated roughly $285 million for the company, it also created some of the highest gas fees in the history of the Ethereum network.

Otherside is the biggest product launch yet from the company best known for creating the Bored Ape Yacht Club NFT (non-fungible token) collection. During last night’s sale, traders snapped up a limited supply of 55,000 “Otherdeeds” NFTs, which represent titles to plots of virtual land in a forthcoming 3D social space.They cost about $7000 each, and were only available for purchase in ApeCoin (APE), Yuga Labs’ official cryptocurrency.

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2022-05-02 14:32:02 NFTs Recognized as Property in the UK Following OpenSea Case

The decision comes after months of repeated NFT thefts, as savvy hackers have exploited loopholes and poor security literacy to seize high-profile NFTs. Just earlier this week, Bored Ape Yacht Club, possibly the most well-known NFT project.

That may now change, at least in the U.K., thanks to the case Lavinia Deborah Osbourne v (1) Persons Unknown (2) Ozone Networks Inc Trading as Opensea, which was filed this past March. Osbourne, the founder of Women in Blockchain Talks, had two of her NFTs stolen from the Boss Beauties collection, a series of 10,000 NFTs depicting illustrated, diverse, successful career women.Kate Gee, a lawyer who has been briefed on the case by Osbourne’s barrister, Racheal Muldoon, told ARTnews the injunction can be served in just a matter of hours.

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2022-05-01 19:27:02 Celebrate Earth Month in Samsung’s metaverse and win an ultra-rare wearable

To highlight the company’s sustainability efforts to the masses, Samsung is celebrating Earth Month in Samsung 837X. This is Samsung’s premier metaverse experience that offers new quests, events, and more, each month. The Earth Month event will begin today, April 29, at 8:37 PM EDT.

Samsung 837X visitors will be greeted with the new sustainability-focused quest, and they will have a chance to win an ultra-rare Earth Month wearable. Users will be asked to ride four hot air balloons, all showcasing Samsung’s continuous efforts toward environmental progress. They will also have the opportunity to win four different sustainability badges.Once the quest is completed, users will return to the Samsung 837X roof and receive a badge that enters them into a wearable raffle.

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2022-05-01 10:13:13 Sphere Finance is a project dedicated to acquiring governance, farming liquidity and incubating projects that generate deep liquidity with the aim of taking over projects all over Polygon, and later other chains. It yields profits and sends them out in the form of $SPHERE tokens.

It is going to come out with a V2 contract soon. If you think you're late to the hype train, think again! They will make the APY sustainable, earn even more governance while also making the market whale proof. No whales are going to manipulate this. So far, they've also incubated 3 projects and have a huge share in them! Join the S&P 500 of Crypto now!

Telegram: https://t.me/SphereDeFi
Discord: https://discord.gg/w5BxKy7tJX
Twitter: https://twitter.com/SphereDeFi
Website: https://sphere.finance/ Open / Comment

2022-04-30 09:14:02 Domain Names Are Fueling the Latest NFT Craze on Ethereum

In the past week, Ethereum domain name sales on OpenSea are up nearly 2,300%, as users rush to buy highly coveted, and scarce, three and four-digit names.

The Ethereum Name Service (ENS) is a domain name provider for the Ethereum blockchain. The ENS is controlled by a DAO, or decentralized autonomous organization, which uses governance tokens to make collective decisions. It has close ties to the Ethereum Foundation and has been around since 2017.But this week, Ethereum users have taken to speculating on the future value of three and four-digit ENS domain names.

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2022-04-29 15:03:36 Metaverse, gaming NFTs are most common type of collectibles owned

Metaverse or gaming-based non-fungible tokens (NFTs) are the most common type of collectibles owned globally ahead of profile pictures and art, according to a report by cryptocurrency data aggregator CoinGecko.

Metaverse refers to a convergence of physical, augmented, and virtual reality in a shared online space. The industry is projected to be an $800 billion market in the next two years, and games look like the most likely NFT-point-of-entry for most people, particularly crypto enthusiasts.NFTs saw a meteoric rise in 2021, as total trading volume of NFTs hit over $5 billion at its height in August 2021.

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2022-04-28 21:21:14 Thirteen famous artists went anonymous for an NFT art experiment

A group of artists whose works you may see at The Louvre, Venice Biennale, Guggenheim, and other high-profile institutions decided to challenge their self-perpetuating pursuit of fame and created a collection of anonymous 58 pieces of digital art, each coming with NFT certificate of ownership and authenticity.

For the past decade, we have gone through a dramatic transformation and stepped close to the threshold of the metauniverse. Would we stay the same once we cross the line into it? Would our priorities as metahumans change?

We invite you to examine human nature and meta-human needs via unique art pieces with us.

The collection is available for purchase at https://opensea.io/collection/nftmasterspyramid

Website:
https://pyramid.nftmasters.pro/ Open / Comment

2022-04-28 15:23:02 Chinese court rules marketplace guilty of minting NFTs from stolen artwork

A court in the Chinese city of Hangzhou ruled a one-of-a-kind judgment against a nonfungible token marketplace for allowing a user to create NFTs of stolen artwork.

Based on the evidence collected, the court found the NFTCN platform guilty of not checking for forgery or intellectual property theft prior to allowing users to mint NFTs. As a result, NFTCN was charged for facilitating the infringement of the owner's "Right to disseminate works through information networks". While China has refrained from imposing a blanket ban on NFTs despite going strong against crypto, three Chinese authorities jointly issued a public warning about the "Hidden risks".

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