NFT & Crypto Updates

2023-09-21 10:03:01 Bitcoin NFT Ecosystem Surprises the Crypto Community, Goes Up to Top 3 NFT Blockchain in 24 Hours

The Bitcoin NFT ecosystem isn’t the most prominent NFT blockchain, but there was some recent spike in growth. So, the sales volume increased to new levels. What is happening to this NFT ecosystem? So, there was a time when the Bitcoin ordinals came up, making some Bitcoin maxis complain about Bitcoin deviating from the original plans. The Bitcoin NFT ecosystem is not the most known part of the Bitcoin blockchain. However, it is currently making a huge name for itself. The number of NFT sales going on in the Bitcoin NFT ecosystem is quite surprising, to say the least. Suddenly, the number of NFT sales started moving to new levels. So, the number of sales went as far as overtaking some of the major NFT ecosystems. One of the things that is even more surprising is the amount of percentage growth in the past 24 hours is crazy. So, there’s more than a 60% growth in the number of Bitcoin NFT sales in the past 24 hours. Looking at the figures, the Bitcoin NFT ecosystem sold more than $1.2 million NFTs in the past 24 hours. So, this is quite massive for the Bitcoin ecosystem. The numbers show that Bitcoin is in the top 3 of NFT blockchains in terms of sales.

NFTs | OpenSea | News Open / Comment

2023-09-21 04:03:01 Walmart plans to expand its commercial strategy in the metaverse

The retailer plans to add new décor items from Mainstays and Better Homes and Gardens into House Flip, to allow users to virtually browse and then purchase the physical version. Speaking to VentureBeat, Walmart General Manager of Metaverse Commerce Thomas Kang said customers will be able to check out for both physical and virtual goods using their Walmart account without leaving the virtual environment. “We have a chance to reshape and reinvent retail in ways that are good for the customers,” Kang, a manager at Walmart's innovation arm, added in the interview. Walmart has also entered the virtual fashion space with its Scoop clothing brand. According to the VentureBeat report, customers can outfit avatars with virtual clothing within Zepeto, Asia’s largest metaverse platform. “We want to help companies and brands sell their products in virtual worlds,” Kang said. He added that Walmart will test more experiences in virtual worlds over the next year. “We see limitless potential with this emerging technology, and we’re excited to explore its possibilities.” Kang also said that Walmart is considering giving customers a virtual item when they purchase physical items in-store. “We can use our physical locations as places to engage customers. For example, if you buy something physical, we may be able to give you something virtual for free.”

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2023-09-20 21:03:01 BitMart Launches "Vote to Earn NFT Round Two" with Exclusive Pre-Sale and Marketplace Release

BitMart, the global cryptocurrency exchange, is thrilled to announce the exciting launch of its "Vote to Earn II" NFT. After the remarkable success of its inaugural Vote to Earn NFT, BitMart is again offering its community the unique opportunity to actively vote on potential projects to be listed on BitMart and earn coveted airdrops from projects that reach the voting threshold and are successfully listed on BitMart. In the second installment, 'Vote to Earn II' NFT holders are empowered to exercise their voting rights, influencing the listing of projects in the forthcoming season on BitMart. This unique opportunity not only grants NFT holders a voice in determining the tokens available on the platform but also offers them exclusive access to project tokens or stablecoin airdrops for their active participation. In a world increasingly fascinated by non-fungible tokens, BitMart is leading the charge in democratizing the exchange’s offerings through NFT ownership. With Vote to Earn II, BitMart continues its commitment to empowering its users to further shape the ecosystem and support project they believe in.

NFTs | OpenSea | News Open / Comment

2023-09-20 16:03:01 OKX NFT Marketplace Witnesses a 114% Rise in Daily Trading Volume

OKX, a leading Web3 technology company, has issued updates for September 19, 2023. On September 16, the OKX NFT Marketplace recorded a daily trading volume of US$11.54 million, marking a significant increase of 114.5% compared to the previous day. This 114.5% rise in trading activity allowed the OKX NFT Marketplace to surpass other NFT marketplaces like Blur and OpenSea. This achievement demonstrates OKX's commitment to providing a one-stop NFT Marketplace and introducing innovative features that address the diverse needs of its Web3 users. In addition to this, OKX Wallet recently launched the P2P Crypto Market on September 14, enabling users to trade crypto through a peer-to-peer structure. This addition greatly reduces the risk of transaction slippage often seen on other DEXes that rely on Automated Market Makers. OKX Wallet is also the first multi-chain wallet to support the trading and inscribing of BRC-20 and BTC NFTs via its Ordinals Market. Support for primary NFT ticket launches and collectibles are also supported on the OKX NFT Marketplace. OKX NFT Marketplace is a multi-chain, zero-fee NFT marketplace that gives users access to advanced analytics tools, an 'orderbook' mode and NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.

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2023-09-20 10:03:01 Mila Kunis' Stoner Cats Banned From NFT Marketplaces After SEC Charges

The Stoner Cats NFT project can no longer be traded at prominent marketplaces like OpenSea, Blur, and Rarible. The moves follow last week’s announcement that the United States Securities and Exchange Commission (SEC) had charged the creators with selling unregistered securities. The Ethereum NFTs—which are tied to a celebrity-packed animated series—were initially sold in 2021 and have been available to trade across various marketplaces since then. But as of this writing, both OpenSea and Blur do not show any active listings for Stoner Cats NFTs. OpenSea still shows the project page, but a representative for the marketplace confirmed to Decrypt that Stoner Cats NFTs can no longer be bought, sold, or transferred via OpenSea. On its Community Standards page, OpenSea notes that because the site is also used as a blockchain explorer for NFTs, it prefers to keep project pages online even if trading has been disabled. Rarible confirmed to Decrypt that the marketplace “blocked them based on our market monitoring of recent events.” Blur did not immediately respond to Decrypt's request for confirmation of a trading ban. While the NFTs are no longer listed on Rarible and cannot be transacted on OpenSea, they still remain on the blockchain and in the wallets of holders.

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2023-09-20 04:03:01 BabyDoge Unveils AI-Powered NFT Platform

BabyDoge Coin has introduced its latest venture: an Artificial Intelligence Image Generator. This AI utility, unveiled on September 19th, enables users to tap into their creative potential and craft unique NFTs. With the new platform, users can generate AI-generated 2D, 3D NFTs and BabyDoge memes. An intriguing aspect is that a portion of the fees generated from these NFT activities will be allocated toward burning Baby Doge tokens, thereby enhancing the coin's scarcity and potentially impacting its value. Users engaging with the Baby Doge AI Image Generator can acquire credits, which serve as the fuel for their NFT creation journey. These credits enable users to mint their NFTs directly through the Baby Doge platform. One BabyDoge coin stands for 1 credit. However, this is not BabyDoge’s first foray into the NFT space. In April of last year, BabyDoge unveiled its first NFT collection of 10,000 unique babies. It is noteworthy that amidst these significant developments, BabyDoge faced challenges, including the recent CoinEx hack, which resulted in BabyDoge holders experiencing losses estimated at $2-3 million. At the time of writing, BabyDoge is trading at $0.000000001081, reflecting a decrease of 4.4% over the past week.

NFTs | OpenSea | News Open / Comment

2023-09-19 20:48:08 SokuNFT Launches Series A Funding Round to Raise $4M to Expand NFT Marketplace

The only NFT marketplace that allows users to set referral fees, today announced the launch of its Series A funding round to raise $4M to expand its marketplace and offerings. The company is ahead of the curve in the NFT industry, with a focus on innovation and meeting the needs of its users. SokuNFT is the first NFT marketplace to allow users to set referral fees, which gives users more control over their earnings and helps creators spend more time on creating and less time on marketing. SokuNFT is also expanding its offerings to include books and music NFTs. The company is already in talks with some major players in these industries, and it expects to start selling books and music NFTs on its platform in the near future. “We are excited to launch our Series A funding round and to continue expanding our NFT marketplace,” said Ryan White, CEO of SokuNFT. “Our focus on innovation and meeting the needs of our users has helped us to become a leader in the NFT industry. We are confident that this funding round will help us to further expand our marketplace and offerings, and to become the go-to destination for all things NFT.”

NFTs | OpenSea | News Open / Comment

2023-09-19 16:02:59 Krafton enters NFT-integrated metaverse gaming landscape

Krafton, which is a colossus in the field of iGaming in South Korea, is entering the NFT-incorporated iGaming sector with its own game, Overdare. Initially, the game was named Project Migaloo, and plans are afoot to introduce the game towards the end of the year. The entirety of the delivery will occur between January and July of 2024. Most notably, Krafton has unveiled Settlus, a blockchain technology built particularly for Overdare. The platform is often compared to Roblox and will get boosted by Epic Games’ Unreal Engine 5. Krafton is known for its achievement, PUBG. Overdare is established to provide developers with generative AI tools. This will help form various game groups, from sharpshooting to delicate role-playing content. Over and above that, Overdare will render service to the social space, allowing users the option of putting together avatars and carrying out replicated interactions. An initial preview exposes a spread-out virtual universe. In this, players will have the chance to utilize AI tools for creating complex games. Krafton initiated the project in partnership with Naver Z, a company specializing in augmented reality technology. As of the present equity stake, Krafton holds a majority of 85 percent of Overdare’s shares. Naver Z holds the remaining 15% market share. The create-to-earn economic model of Overdare will motivate players to convert virtual in-game assets into non-fungible tokens (NFTs).

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2023-09-19 10:02:59 NFT Combining (NFTC) Announces Project Launch

NFT Combining (NFTC), a real-world enterprise leveraging non-fungible tokens (NFTs) to provide employment opportunities and cash flow, has announced its project launch. NFTC encompasses two distinct concepts - social responsibility and commerce. For the former, NFTs are deployed to address significant humanitarian and environmental needs. And for the latter, they are used to create and manage businesses. NFT holders become collective owners. The introduction of this model will streamline the development of businesses, create employment opportunities, and guarantee increased cash flow. The central idea behind NFTC in the area of social responsibility is to contribute to activities such as reforestation, natural disasters, and food aid. These are done via tree sales using NFTs, preparation and disbursement of relief materials through NFTs, and food aid sale packages utilizing NFTs. According to the project team, this model will increase community participation, provide necessary assistance to those in need, and promote a spirit of social responsibility. In the field of commerce, NFTC aims to tokenize physical assets via NFTs and sell percentages to individuals. For example, if assets like cutleries, chairs, tables, kitchen equipment, etc., for a restaurant, are tokenized and sold to investors, the real-world business is launched.

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2023-09-19 04:02:59 Galxe and FNCY of Metaverse World collaborate strategically

Galxe has announced its strategic partnership with FNCY of Metaverse World. The objective is to provide an epic experience to players, for which Galxe has said that it will be integrating the blockchain mainnet of its partner along with FNCY Wallet. FNCY of Metaverse World is a subsidiary of Netmarble F&C. The reason for choosing Netmarble is that it has been in the mobile gaming industry since 2000. Therefore, it possesses the necessary experience and abilities for the growth of both partners. Seo Woo-won, the Chief Executive Officer of Netmarble, has called Galxe the best partner in forming and expanding the Web3 community. They have also stated that Netmarble will now leverage the potential of this partnership to expand the community of FNCY and the blockchain ecosystem. Galxe has previously partnered with Polygon, Optimism, and Arbitrum, among others, to help them propel their growth. The list includes approximately 3,300 partners. Galxe has more than 12 million unique users at the time of this announcement. All the partnerships at Galxe are pointed in the direction of cultivating genuine connections between brands and citizens across the world. Brands here pertain to the ones that are into blockchain technologies.

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