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2022-08-19 11:46:02 AFL’s first limited-edition NFT drop sells out in under 12 hours

The Australian Football League (AFL)’s first limited edition drop of nonfungible tokens (NFTs) saw huge takeup on Wednesday, selling out in just under 12 hours. On Wednesday, the football league launched Ripper Skipper 2022 through its AFL Mint program, allowing people who joined the “allowlist” to purchase one of 3,800 packs reserved for the drop.

The packs came with a retail price of 34.39 USDC each, with the project estimated to have raised over $130,000 in USDC. The Ripper Skipper 2022 NFTs feature 78 significant moments and highlights from the 2021 Season utilizing both video and audio. Each pack features three “moments” in a trio of different rarity tiers, common, deluxe and ovation. Limited edition digital content is also available; anyone who participated in the first drop has a 10% chance of getting an AFL Mint Genesis Ball.

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2022-08-18 16:41:02 NFT Whale Buys Gold Fur Bored Ape for $1.5 Million

NFT Whale Vis.ETH has added to his portfolio of collections after buying the gold fur bored Ape #5383 for 777 ETH (~$1.5 million). Crypto winter and falling NFT floor prices, but one NFT whale Vis.ETH thinks the time couldn’t be better to add to their portfolio of blue-chip non-fungible tokens (NFTs).

The Bored Ape Yacht Club member, who the BAYC also described as a metaverse mogul last night bought bored ape #5383 for a whopping 777 ETH (~$1.5 million), sending the median price for the BAYC collection skyrocketing to new 2-month highs. The purchase still stands out as an outlier in a rather subtle market with more bored apes NFTs selling for relatively cheaper. Vis.ETH purchased the bored ape #5383 from another popular NFT trader, pseudonym q, who previously acquired it for 95 ETH. The sale netted q a whopping 500% in profit according to CryptoSlam data.

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2022-08-17 14:47:02 Tencent Halts NFT Sales on Its Huanhe Platform Amid Regulatory Scrutiny

Chinese tech giant Tencent will stop releasing digital collectibles on its non-fungible token (NFT) platform in light of scrutiny from regulators, according an official statement cited by Reuters.
The company's Huanhe NFT platform, which started up last August, will no longer sell NFTs starting on Tuesday, Reuters said.

Last year, China banned cryptocurrency trading and mining, a decision that left questions over the uncategorized NFT market because of its similarities to cryptocurrencies. Shenzhen-based Tencent, whose businesses include the Weixin/WeChat messaging app as well as mobile news, games and payment systems, was forced to remove all references to NFTs on Huanhe last October after Chinese state entities warned that NFTs were being used for speculation.

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2022-08-16 15:07:02 Museum of the City of New York Plans to Offer NFTs

The Museum of the City of New York has filed several Web3-related patent applications with the United States Patent and Trademark Office. The Manhattan-based history and art museum, which was founded back in 1923, plans to offer downloadable cryptocurrency collectibles, non-fungible tokens as well as application tokens.

The museum has six curatorial departments that focus on photographs, theater, decorative arts, costumes, paintings and sculpture. Its collections also explore the cultural and economic significance of the Big Apple. After NFTs exploded in popularity last year, many museums moved to cash in on the craze. The Vienna-based Belvedere museum launched an NFT drop of "The Kiss," the famous work of Austrian symbolist painter Gustav Klimt, ahead of Valentine's Day.

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2022-08-16 10:49:14 @ChartsSignalsTrading just posted their Trading Report For July 2022 with a whooping profit of 1019 %

Join their FREE trading channel: @ChartsSignalsTrading

Total Trades: 60
Target reached: 56
Stop-loss: 4
Open trades: 0 Open / Comment

2022-08-15 13:35:02 5G could change the blockchain and metaverse industry forever

The rollout of 5G in India will begin this month and the technology is bound to have a significant impact on how services are delivered to consumers and enterprises. While the previous generations of cellular technologies (2G to 4G) were all about faster data speeds, 5G promises to alter the DNA of the user experience.

Experts believe that 5G will be the potential enabler that leads to the widescale adoption of blockchain technology in several aspects such as trade financing, logistics, healthcare, education, etc. “The power of 5G coverage through its very low latency, high speeds and immense capacity allow for Internet of Things (IoT) devices to become widely used. This would imply that Smart Cities, Driverless vehicles, Smart homes and other sensor-driven enhancements for Industrial use cases will finally have a technology that can handle their unique needs,".

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2022-08-14 15:44:02 Samsung signs MoU deal to give new NFT project offline utility

South Korean electronics giant Samsung is working to build its non-fungible token (NFT) ecosystem. Samsung has signed a memorandum of understanding (MoU) with several retail stores to give its New Galaxy NFT project real-world utility. Per a news release, holders of the Samsung NFTs can access discounts when they finalize the purchase of the company’s Galaxy S22 series.

Customers who own one of the NFT pieces will be able to access perks such as discounts and savings at the said outlets. A company spokesperson said the initiative is aimed at promoting consumer experience innovation. Samsung intends to extend the initiatives to customers who pre-order its new foldable phone series, including Z Flip 4 and Z Fold 4, which will be announced during its Unpacking Event slated for August 10.

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2022-08-13 15:29:02 KuCoin Labs Advances Metaverse Exploration by Incubating Univers Network

KuCoin Labs, the investment and incubation arm of the KuCoin ecosystem, has officially announced its proceeding incubation programme with Univers Network, a metaverse infrastructure project designed to empower communities and revolutionize Web-3. As an independent metaverse project designing infrastructure tools to enable interoperability across virtual worlds.

The Univers Network is developing a proprietary mechanism called 'Choose-to-Earn', which will connect developers and users while creating value for the user bases of both projects involved. Its Decentralized Publishing Company (DPC) will be launched later this year, with additional projects and development studios to be involved in their ecosystem. Another main focus for the Univers Network in 2022 will be the unification of game engines, bringing E-Sports to the blockchain, with the goal of redefining the way humans interact.

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2022-08-12 12:37:02 Fractional NFT Markets Slide 76% in Value in 7 Months

When non-fungible token (NFT) collectibles became popular, the fractionalized NFT market grew past the $200 million range seven months ago in December 2021. Since then, the fractionalized NFT market has lost more than 76% in value, dropping to an overall market capitalization of around $50 million.

The fractionalized NFT market followed alongside the sizable growth the entire NFT industry saw last year. At its height in December 2021, the overall fractionalized NFT market valuation was approximately $212.6 million, according to metrics recorded by dappradar.com. Today, the value has evaporated by 76.41%, as the current fractionalized NFT market capitalization is roughly $50,401,068. Over seven months ago on Sunday.

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2022-08-11 12:48:02 NFT lending allows NFT holders to maximize benefits

As the fastest-growing cryptocurrency trading platform, BitYard held an AMA with Kyle Kim, the COO of Alpha Quark yesterday. As NFTs become an intangible asset class, Alpha Quark believes the ecosystem beyond the current NFT culture will expand widely.

Alpha Quark provides an NFT marketplace platform service, as well as a 3D art gallery where users can mint, sell or buy NFTs, and artists can use their platform to financialize ideas and artworks. Furthermore, Alpha Quark provides an NFT collateral lending protocol service. NFT Collateral Protocol is a simple p2p marketplace for collateralizing NFT loans. It allows borrowers to use assets for loans, and lenders can make loans in exchange for interest.

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