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Latest information revealed that the FIFA+ Collect platform will continue to launch NFTs on Algorand, but the soccer giant is also expanding to Polygon via drops on OpenSea. FIFA is launching a new set of NFT collectibles across Algorand and Ethereum scaling network Polygon ahead of the FIFA Club World Cup Saudi Arabia 2023, according to an announcement this week. The global soccer organization stated it will be the first collectibles release under a new collaboration with crypto startup Modex, which will now oversee strategic management of FIFA’s digital collectibles platform, FIFA+ Collect. The collectibles platform launched in 2022 with…

Cronos Labs, the developer behind the Cronos blockchain, announced Thursday the launch of a new layer-2 network, joining the growing ranks of second-tier projects that have opted to build auxiliary networks within the dominant Ethereum ecosystem. The new “Cronos zkEVM chain” is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum. The testnet, powered by zkSync’s ZK Stack software kit developed primarily by Matter Labs, will add a new chain to Cronos’ existing ecosystem, currently consisting of the Cronos EVM blockchain,…

The non-fungible token (NFT) market is seeing unprecedented growth. As a result, creators and artists are looking for ways to profit from their contributions to digital assets. An essential aspect of this is the factor of NFT royalties, which allow creators to continue benefiting from their efforts even after their first sale. In this regard, The Sandbox has introduced a new royalty redistribution system. This will help to boost the platform’s marketplace creators. NFT royalties have been created to offer artists and creators the option of earning passive income with regard to their digital outputs. At the time of creating…

In the dynamic world of cryptocurrencies, Rainbow is emerging as a unique wallet that not only simplifies crypto journeys but also rewards individuals for their on-chain activities regarding Ethereum.By introducing a reward system that celebrates individuality and engagement in the Ethereum ecosystem, Rainbow innovates the way users interact with crypto. The process is straightforward: garner Ethereum and earn Rainbow Points to open rewards. Yes, it really is that simple.Welcome to Rainbow Points — the first step towards including our community in the future success of RainbowEvery Ethereum user has been dropped points today ????Claim your points and start earning more by…

Line Next, the NFT subsidiary of Japanese messaging giant Line, has raised $140 million in a funding round led by private equity firm Crescendo Equity Partners. The investment marks the largest backing for an Asian blockchain company this year, the company claims. The firm plans to use the fresh capital injection to expand its global NFT business and introduce new services to promote wider Web3 adoption. First on the agenda is the official launch of Dosi, Line Next’s global NFT marketplace, in January 2024. Integrated with Line’s existing NFT platform in Japan, Dosi will be offered as a mobile app…

The Blockchain Game Alliance (BGA) has released its 2023 State of the Industry Report, highlighting trends and predictions for the blockchain gaming space.Web2 Studios Leading the WayAccording to the findings, industry professionals largely believe that existing web2 studios and franchises will propel the mainstream adoption of web3 games. The survey results show that 19.8% of respondents see the launch of web3 games by traditional game studios as the most impactful development for web3 gaming in 2023. Additionally, 15.2% believe the transition of web2 or traditional gaming into the web3 realm is a key factor. In total, 35% of participants acknowledge the vital…

Crypto gaming company Immutable announced Wednesday that it will let players avoid transaction fees on its upcoming Immutable zkEVM network, thanks to a feature that lets game developers “sponsor” such gas fees for players. Games that are built on Immutable zkEVM, a gaming-focused Ethereum scaling network announced in March, will be able to enable the feature. Such a move could make it more affordable for players to try new games, and potentially remove significant barriers to broader blockchain gaming adoption. “There are a couple of norms in the blockchain space that mainstream players simply won’t accept—gas fees fall into that…

Ubisoft has announced the Ethereum NFT mint date for its first original blockchain game, Champions Tactics: Grimoria Chronicles, sharing that its “Warlords” will be available on December 18. Champions Tactics will offer a private mint for those added to its “darklist” beginning at 6am ET, and will open the mint up to the general public at 2pm ET on Monday. An NFT mint is effectively the primary sale for a project—but unlike most NFT launches, Ubisoft is promising that 8,000 Champions Tactics Warlord NFTs will be free to mint. In the game, Warlords are pixel-style heroes with weapons and have…

XSwap partners with Chainlink CCIP to improve its blockchain collaboration. This integration includes Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, and Polygon mainnets. This partnership leverages CCIP’s Simplified Token Transfer to securely transfer Chainlink’s native token, LINK, between blockchain networks. Chainlink CCIP Empowers XSwap for a Secure and Streamlined Ecosystem Chainlink’s Web3 security and stability made it the recommended interoperability option. CCIP uses the autonomous Risk Management Network to monitor and authenticate cross-chain processes for suspicious activity. Given prior sector flaws and user financial losses due to dangerous and unstable cross-chain infrastructure, this extra security layer is important. Chainlink BUILD…

Donald Trump NFT series has witnessed a 3,213% surge in sale volume following launch of the latest third generation series. Former U.S. President Donald Trump has unveiled his third NFT series, the “Mugshot NFT Edition.” And this time, these digital collectibles reflect a unique aspect of Trump’s controversial past. In a statement on X, Trump highlighted that the new 47-card set captures the essence of his now-famous mugshot. Also, he noted that the collection follows the outstanding success of his previous digital trading card releases. https://t.co/0TJzDIcOBP Watch This Video: Don’t Miss Out! pic.twitter.com/vunSPlEY6Z — CollectTrumpCards (@CollectTrump) December 12, 2023 Trump…