Metaverse | Nfts | News

2024-02-28 14:07:01 Magic Eden Launches Ethereum NFT Marketplace with Yuga Labs

Magic Eden, one of the leading decentralized finance (DeFi) protocols based on the Solana ecosystem, has expanded its business offerings to the Ethereum blockchain with the launch of a non-fungible token (NFT) marketplace dedicated to creators on the network. In an official press release on Tuesday, the company announced that the new marketplace was developed in partnership with Yuga Labs, home to popular NFT projects such as Bored Ape Yacht Club (BAYC) and Otherside, to honor creator royalties.

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2024-02-28 00:17:01 Bitcoin NFTs cross $100m trading volume on Magic Eden in February

Bitcoin NFTs on Magic Eden have seen their best month yet for fees and trading volume amid sustained interest in the leading cryptocurrency from industry participants and Wall Street. The $2 million in fees paid for buying and selling Bitcoin NFTs on Magic Eden also set a record high on the platform. There were more than 45,000 buyers on the marketplace and over 91,000 sellers, but sales did not exceed figures set in December last year.

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2024-02-27 13:57:02 DeLabs Drops First Batch of NFTs for Upcoming RPG ‘Metabolts’

Today, the South Korean gaming titan Delabs is making waves with the inaugural NFT drop for its highly anticipated RPG, ‘Metabolts’. In anticipation of its 2024 release, the character-based game that emphasizes skill-based strategy is progressively unveiling 7,777 unique in-game NFTs via its official website, metabolts.io. These unique PFPs are available to everyone — including participants in the Private Sale, Whitelist Sale, and Public Sale — presenting an opportunity to acquire rare collectibles with actual utility.

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2024-02-26 21:47:02 Weekly NFT Sales Rise 17% With Bitcoin Climbing Back to Second in Volume

Based on the most recent international standings and weekly figures, sales of non-fungible tokens (NFTs) have surged by 17.66% in the past week, amassing slightly more than $306 million in sales. This uptick marks a jump from last week’s 16.8% rise in NFT sales, with the leading blockchains in terms of volume — Ethereum and Bitcoin — both experiencing growth in the last seven days.

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2024-02-26 10:57:02 XXXTentacion's Estate Set to Release Unreleased Songs as NFTs

XXXTentacion’s estate is keeping the artist’s legacy by turning a new set of unreleased songs into NFTs. XXXTentacion’s former manager Solomon “Sounds” Sobande and his estate—which is run by his mother Cleopatra Bernard—YellowHeart to create the non-fungible tokens. Although the songs are formerly unreleased, Sobande explains that the five tracks aren’t brand new. In fact, they’re from X’s time as a SoundCloud sensation.

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2024-02-25 23:17:02 ZachXBT recovers majority of $177K stolen NFT proceeds after 9-month probe

Blockchain investigator ZachXBT revealed that after a “lengthy process,” he has retrieved the majority of the proceeds from a stolen DeGods NFT sold in May 2023. Pseudonymous on-chain researcher ZachXBT has recovered most of the funds from the sale of a rare DeGods nonfungible token (NFT), which was stolen in May 2023 after the original NFT holder fell victim to a phishing scam.

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2024-02-25 09:32:02 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.

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2024-02-24 21:27:01 Metaverse for healthcare market expected to reach almost $500B by 2033

The metaverse continues to move toward mainstream adoption in 2024. While it has yet to find a killer app to spur mass adoption, it has found its niche within the healthcare market, where telemedicine, surgical training methods and futuristic surgical methods have prompted a flurry of positive speculation. According to these reports, the global metaverse healthcare market was valued at around $8.97 billion to $10.5 billion in 2023.

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2024-02-24 10:37:03 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.

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2024-02-23 19:57:01 SEI, Omni Foundation propose standard to unify Ethereum NFTs

Sei Labs and Omni Foundation have proposed a new token standard, xERC-721, to facilitate the movement of NFTs across Ethereum chains. Projects to scale the Ethereum blockchain and lower the transaction cost – like Layer 2 scaling solutions and rollups – have flooded the ecosystem, but this new proposal intends to address the fragmentation of NFTs as these tokens exist only on the chain they are minted.

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