NFT & Crypto Updates

2024-02-25 22:07:01 Solana NFT Sales Reached Massive Milestone as SOL Price Stalls at $100

Solana NFT sales shifted in Nov following stagnation pre-Nov 2023, with ongoing momentum leading to surge in volume. Solana-based nonfungible tokens (NFTs) have reached a significant milestone, surpassing an all-time sales volume of $5 billion, according to data from CryptoSlam. This surge in activity marks a turnaround for the Solana blockchain, which struggled to gain traction in the NFT space just a few months ago.

Source

NFTs | OpenSea | News Open / Comment

2024-02-25 10:07:01 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.

Source

NFTs | OpenSea | News Open / Comment

2024-02-24 21:17:01 Audi Announces NFT Release on xNFT Protocol

Audi has announced that it will release limited-edition non-fungible tokens (NFTs) through cooperation with xNFT. Chinese media outlets reported the news. German automobile manufacturer Audi has joined the NFT market and is set to release an NFT collection on Aug 10 with the aid of xNFT. The latter announced on Aug 8 that it would mint Audi NFTs on the xNFT protocol. Audi teased a 15-second video with text in Mandarin as a part of the release.

Source

NFTs | OpenSea | News Open / Comment

2024-02-24 12:07:02 Unstoppable and Pudgy Penguins Join Forces to Launch First NFT Community-Focused Web3 Domains

Leading web3 domain names and digital identity provider Unstoppable Domains (UD) today announced a new groundbreaking partnership with widely popular Web3 brand Pudgy Penguins, with the addition of ".pudgy," the 10th top-level domain (TLD) in UD's partner portfolio. Pudgy fans and community members can now proudly voice support and display their digital collectibles and .pudgy address on X, as well as earn special Pudgy badges to facilitate unique messaging and interactions within their group.

Source

NFTs | OpenSea | News Open / Comment

2024-02-23 20:27:02 Solana NFTs hit $5B in all-time sales volume

Solana-based nonfungible tokens (NFTs) recorded an all-time sales volume of over $5 billion after an uptick in NFT trading activity on the blockchain in the last four months. On Feb. 23, data aggregator CryptoSlam showed that the all-time sales volume for NFTs based on the Solana network is already at $5,013,847,972. The data also shows that the blockchain has over 2.2 million buyers and 1.6 million sellers.

Source

NFTs | OpenSea | News Open / Comment

2024-02-23 11:07:02 NFT Platform Launches Nintendo Emulator on Bitcoin

The introduction of this N64 emulator marks a significant stride in leveraging blockchain technology for gaming enthusiasts. Emulators, a crucial component, enable gamers to experience video game consoles on alternative devices without the need to possess or operate the original console. Pizza Ninjas emphasizes the pivotal role played by Google’s Brotli Compression method in enabling the encoding of progressively larger items.

Source

NFTs | OpenSea | News Open / Comment

2024-02-22 20:07:01 Forbes Sets New Standard for Metaverse Experiences

Forbes has made its entry into the metaverse by launching a virtual space within The Sandbox Game, a platform allowing users to experience virtual worlds and games. This space is not accessed via a headset but through a computer, resembling games like Minecraft or Second Life. Forbes’ virtual world features a luxurious clubhouse, complete with an outdoor dancefloor and a yacht modelled after Malcolm Forbes’ Highlander party boat.

Source

NFTs | OpenSea | News Open / Comment

2024-02-22 13:27:01 Solana NFT sales volume drop, NuggetRush crosses $2.3m in presale

In the latest news from the world of non-fungible tokens (NFTs), the Solana network recently experienced a shutdown. Still, it is now back up and running. The team behind Solana is currently investigating the cause of the problem. This downtime negatively impacted the value of Solana’s own currency, SOL, and the trading volume of trending NFTs on Solana.

Source

NFTs | OpenSea | News Open / Comment

2024-02-21 17:57:02 Shiba Inu Exploits DN-404 Standard for Latest NFT Endeavour

Shiba Inu has launched its latest NFT endeavor, SHEboshis, presenting an exciting opportunity for both Shib fans and the broader blockchain community. Harnessing the power of the DN-404 standard, SHEboshis masterfully combine the strengths of ERC-20 and ERC-721, weaving together the worlds of fungible and non-fungible tokens. Such a pioneering approach opens up unprecedented avenues for possession and trading, enriching the landscape with enhanced liquidity and potential for fractional ownership.

Source

NFTs | OpenSea | News Open / Comment

2024-02-20 21:17:03 Sports Illustrated moves NFT ticketing platform to Avalanche

The ticketing arm of the United States-based sports magazine Sports Illustrated announced it is moving its nonfungible token (NFT) ticketing platform called “Box Office” from the Polygon blockchain to Avalanche almost 10 months after its launch. On Feb. 20, SI Tickets announced a collaboration with Ava Labs, the developers of the Avalanche network. The partnership will allow the NFT ticketing platform to mint their NFT tickets using the Avalanche blockchain.

Source

NFTs | OpenSea | News Open / Comment