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2022-05-09 13:01:02 Under Armour to mint NBA Warriors' Stephen Curry-inspired NFTs

Fashion label Under Armour’s Curry Brand is launching non-fungible tokens (NFTs) to celebrate every time NBA basketball player Stephen Curry makes a three-point shot during the ongoing playoff games.

Curry, who plays for the Golden State Warriors, is known for his high-arching three pointers, scored from anywhere outside the 22-foot arc around the basketball net.The NFTs, which will be given to fans on a first-come, first-serve basis, will come with something called "serums," which are kept in digital wallets and allow owners to change the looks of their avatars.Starting in June, the brand plans on dropping an additional 20,000 basketball NFTs.

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2022-05-08 18:09:02 Sony and Theta Labs Launch 3D NFTs That You Can (Almost) Touch

NFTs are taking yet another step further into the real world. Theta Labs, operator of the blockchain-based video streaming platform Theta, is teaming up with Sony to launch two types of 3D NFTs specially designed for use with the Sony Spatial Reality Display (SRD).

Sony’s SRD, a tablet-like device that displays three-dimensional visuals in semi-physical augmented reality, permits users to view and manipulate 3D objects without the use of glasses or other accessories. The SRD display tracks eye movement, pivoting the image in sync as the viewer tilts or moves their head in any direction, creating the sensation of a solid 3D object. The NFTs launched by Theta and Sony will thus be viewable and manipulable on the SRD in mixed reality 3D.

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2022-05-07 15:59:02 NFT Loan issued by Nexo for $3M against Zombie CryptoPunks

Collateral of two rare zombie CryptoPunks was used to secure a $3.3 million dollar loan from NFT lending platform Nexo. The loan was awarded in Ethereum (ETH) – for 1,200 Ether.The Nexo platform stated in a press release that it was the largest NFT-backed loan in the history of non-fungible tokens. The borrower is an unknown NFT collector.

The loan deal was made and issued on P2P (peer to peer) marketplace for NFT lending, Arcade.xyz. That company launched on Pawn Protocol in February 2022 and has $15 – 20 million in valuable NFTs locked up, including BAYC NFTs which are worth over $300,000 each.The NFT loan came with an interest rate of 21% per annum, and the borrower took it out for 60 days. Nexo hedged their risk with an investment manager, Meta4 Capital.

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2022-05-06 16:26:02 NFT Issuers Could Have to Centralize and Register Under EU's MiCA Rules, France Warns

New European Union rules could force issuers of non-fungible tokens (NFTs) to centralize and register in a move that insiders warn could “significantly broaden” planned EU crypto rules, according to a document seen by CoinDesk.

The document was prepared by France, whose government is responsible for chairing talks within the EU’s council. It is undated, but prepared ahead of a closed-doors meeting due to take place Friday morning European time. Governments and lawmakers need to thrash out their position before the rules, known as the Markets in Crypto Assets Regulation, or MiCA, can pass into law.While governments want to see NFTs entirely excluded from the new law, the European Parliament is worried about their use in laundering schemes and wants tougher rules.

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2022-05-05 18:00:18 We're proud to introduce MetaTrees!

MetaTrees is Ekta's first blockchain game and the first sub-verse of the EktaVerse.

Through MetaTrees, Ekta can initiate real-world change by tokenizing natural assets such as trees and land and spearheading reforestation projects. Players can earn in-game NFTs and tokens with the option to collect, sell, stake, hold, or donate.

Want to learn more (and win 300 $EKTA)?

Follow us on Telegram MetaTrees and on Twitter to know more:

@metatrees_ekta
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2022-05-05 13:13:02 Crypto exchange Kraken to roll out NFT marketplace with promise to cover transaction fees

Major cryptocurrency exchange Kraken is launching its own non-fungible token (NFT) platform in the coming months. As of Tuesday morning, customers can sign up to join its waitlist.How much Kraken would subsidize transaction fees, which can even be worth more than the NFT price itself in some cases, is not entirely clear.

The platform will provide unique offerings, most notably subsidizing Ethereum (ETH-USD) transaction costs — such as gas fees, the cost of paying for transactions on Ethereum, and other proof-of-stake blockchains, according to the exchange's chief operating officer, David Ripley. It would also hold customer assets in custody.

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2022-05-05 10:25:18 NFT Scams in the UK Have Increased by 400% Between 2020 and 2021 - Read Full News

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2022-05-04 15:09:02 Square Enix Sells Off Tomb Raider and Three Studios to Fund NFT Games

Square Enix has been one of the loudest voices in support of blockchain and NFT-based games in the gaming industry, but now the publisher is really putting its money where its mouth is.

Embracer Group has agreed to pay $300 million to Square Enix to acquire properties such as Tomb Raider, Deus Ex, Legacy of Kain, and Thief, as well as game studios Crystal Dynamics, Eidos-Montréal, and Square Enix Montréal. The three studios collectively employ nearly 1,100 people in total.Square Enix still has its long-running Final Fantasy, Dragon Quest, and Kingdom Hearts role-playing game franchises, along with newer IP like Life is Strange and Just Cause.

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2022-05-03 21:46:12 The Cardano ecosystem currently has 925 projects.

46% of their total number are NFT projects.

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2022-05-03 21:46:12 Square Enix sells Tomb Raider and three studios for financing NFT Games.

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