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Dubai-initiated NFT and web3-centric start-up Caffeine And Women or CAW Movement adds another feather in its cap with the upcoming launch of MoCA (Museum of CAW Art) in the metaverse to honor emerging artists in UAE, GCC and other countries. It is also inviting all art lovers, NFT enthusiasts or web3 builders to be part of this unique, immersive opening on 6 December 2023 at 7.00pm UAE time by joining in its invite list here.Founded in 2022, the CAW Movement (CAWMVMT) supports women artists by empowering and helping them turn their art into NFTs and giving it visibility in the…
A new Bitcoin nonfungible token (NFT) marketplace aims to reduce network fees associated with the advent of Bitcoin Ordinals inscriptions by tapping into the Internet Computer Protocol (ICP). Developed off the back of the creation of Bitcoin Ordinals in early 2023, Bioniq operates on the ICP and taps into its native Bitcoin integration to power the trade of Bitcoin-based Ordinals inscriptions. Speaking to Cointelegraph on the eve of the platform’s launch, Bioniq CEO and co-founder Bob Bodily said the project has been in development since February 2023. The team has built a marketplace featuring Ordinals smart contracts auctions on the…
By now, hearing “NFT” in any context evokes some sort of reaction — good or bad. Some may be immediately thrust back to the spring of 2021 when digital artist Beeple sold an NFT of his original artwork for $69 million. Others might remember Peter Davidson’s singing “What the hell’s an NFT?” on Saturday Night Live. But for others, it’s less about novelty and more about utility. Whether we like it or not, NFTs are so much more than the artwork that captivated the world two years ago. Their inherent capabilities — due almost entirely to the blockchain technology they…
New Look, in partnership with TrusTrace, leads sustainable fashion with transparency and corporate responsibility. Blockchain traceability: A key tool for New Look in its commitment to reduce emissions and sustainability. In an effort to combat environmental challenges in the fashion industry, UK retailer, New Look, has taken a bold step towards sustainability by partnering with blockchain traceabilitystartup , TrusTrace. This exciting development is part of New Look’s ambitious mission, Kind to our Core, which seeks to drive responsible sourcing of raw materials. Environmental Challenges: Fashion as a Significant Contributor Fast-moving consumer fashion has transformed the industry, making garments more affordable…
A stakeholder in the blockchain and fintech ecosystem has called on the federal government of Nigeria to implement regulations that will foster the widespread integration of the approved blockchain policy in the country. Nigeria’s National Blockchain Policy aims to deliver economic growth, job creation and more financial inclusion. The president of the Stakeholders in Blockchain Association of Nigeria (SiBAN), Obinna Iwuno, recently highlighted this during an interview at the National Information Technology Development Agency and Stakeholders in Blockchain Technology Association of Nigeria Stakeholders’ Policy Dialogue held in Lagos. Iwuno stressed the necessity of establishing a forward-thinking regulatory framework to accelerate…
Palm Foundation — a nonprofit organization supporting artistic pursuits within the Palm Network — has paired up with the “Momentum-Lagos Artist Residency Program” to bolster creative innovation.Weaving together international artistic collaborations and cultural exchanges, Palm Foundation will issue 20 artists and curators from different corners of the globe with a series of residency grants across art studios in Berlin (Momentum) and Mexico City (Lagos). Not only will the artists selected be bestowed with financial aid, but they will also be blessed with the unique opportunity to explore blockchain technology for artistic undertakings with a helping hand from Palm Creator Collective —…
The Mad Lads NFT collection continues to dominate the market by exceeding the sales volumes of other leading NFT projects.Record Sales VolumesThe floor price of the Mad Lads NFTs has hit a new peak of 123 SOL (approximately $7,100) — a figure more than triple its value since early November. These robust gains are indicative of a collection in high demand and a top pick for digital collectors and investors alike.Over the span of 24 hours, the project registered sales of more than $1.39 million on secondary markets. In doing so, it outperformed other prominent projects like the Ethereum-based Bored…
Louis Vuitton recently announced the unveiling of their latest digital collectible, the VIA Tile Trunk NFT. This digital collectible was designed by Nicolas Ghesquière, who presently serves as the creative director for women’s collections at LVMH.Inspired by Ghesquière’s trunk-shaped mini cube bag first displayed at the Spring-Summer 2024 fashion show, the VIA Tile Trunk NFT imparts a unique blend of innovation and tradition intrinsic to the Louis Vuitton brand.Exclusivity and Digital StrategyOffering an exclusive experience to VIA customers, the NFT has a limited availability of only 200 editions. It comes with a substantial price tag of 6,000 euros, reflecting the…
Global Interoperability: XP.NETWORK facilitates the trade and transfer of Hedera NFTs on more than 30 blockchains, enhancing interoperability and providing access to a global cross-chain marketplace, including leaders such as Ethereum, Polygon and Solana. Cross-Chain Collaborations for Success: The integration enables Hedera platforms to interact with NFT collections on other blockchains, fostering exchanges within the Hedera ecosystem and strengthening collaboration between projects, such as Zuse and SentX, with leading collections such as Bored Apes Yacht Club and Crypto Punks. The XP.NETWORK platform was born as a multifunctional bridge that seeks to unify NFT ecosystems across diverse networks. XP.NETWORK’s latest feat…
As I was being escorted through the circuitous halls of Mar-a-Lago last weekend, I found myself questioning if I shouldn’t immediately turn around and leave. I had just arrived at the Trump NFT collection gala in West Palm Beach, Florida, with none other than Donald Trump himself in attendance. It was both an honor and an embarrassment to be there, and I wasn’t sure how exactly I should react. Had my grandfather not been with me (I had brought him and a friend as my guests, both ardent Trump supporters), I probably would have left. But his excitement was palpable,…
