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SK Planet’s subsidiary, Deamus, has announced that it has adopted Avalanche to improve the ticketing experience for its users. The idea is to make blockchain-based tickets available to the customer base of 21 million at OK Cashbag. Avalanche will help Dreamus improve its customers’ ticketing experience and widen the industry’s market share, which is worth approximately $230 million. This specifically pertains to the ticketing industry in South Korea. Tickets for events like musicals, sports, and fan meetups will be available at OK Cashbag, backed by Avalanche’s blockchain. Current events that have already leveraged the facility are: The Phantom of the…

The global blockchain finance market — encompassing public and private blockchains, trading, payments, settlements and asset management — is well-positioned to grow into a $79.3B market by 2032. A report by Allied Market Research revealed that the blockchain finance market players are heavily exploring collaborations and acquisitions as a top strategy. COVID-19 pandemic-induced disruptions in traditional finance, coupled with the promise to reduce operational costs set the stage for the mainstreaming of the digital ecosystem. The public blockchain sub-segment accounts for dominant market share. Source: Allied Market Research In 2023, the public blockchain sub-segment represents the lion’s share of the…

Over in the grand city of London, the eminent Saatchi Gallery has prepared its first ever homage to NFT Art. As a result, the “Long Live London” exhibition will feature CryptoArt creations from prominent digital artists such as OSF, Vittorio Bonapace, Clare Maguire, and more!Operating as a component of its Focus Art Fair, the Saatchi Gallery will delve into NFT art from October 4-6. Effectively, taking the time to showcase digital masterpieces alongside those of a more traditional origin, and acknowledging the growing medium at one of the most prestigious locations in town.“Two years ago, after I created my first…

Cryptocurrencies and non-fungible tokens (NFTs) are deeply interconnected. In its nascent stages, the NFT market was essentially a subordinate to the broader cryptocurrency domain. Its small scale meant it was heavily influenced by movements and trends in the cryptocurrency market. The NFT landscape has undergone substantial evolution over time. The once fledgling market occupied a small niche but grew substantially, exploding into the mainstream consciousness in 2021. Catalyzed by celebrity endorsements, NFTs quickly grew out of their original niche. Collections such as Bored Ape Yacht Club infiltrated popular culture and emerged as coveted symbols of status and prestige. With the…

Major NFT marketplace OpenSea has introduced OpenSea Studio, a comprehensive platform designed to assist creators in launching and managing their NFT projects. The company unveiled the new initiative in a Tuesday blog post, saying that OpenSea Studio aims to streamline the operational aspects so that creators can focus on their artistic endeavors. “We’re launching OpenSea Studio, a one-stop shop for creators to launch and manage their projects, all on the world’s largest NFT marketplace,” the announcement read. With the launch of OpenSea Studio, creators now have full control over the entire NFT drop process, allowing them to configure allowlists, upload…

What is opBNB? opBNB relies on OP Stack’s bedrock technology, which boosts node performance and makes it EVM compatible. The objective is to attract more users to the Binance ecosystem by improving the overall experience and performance of the BNB Smart Chain. The opBNB network serves as the Layer 2 scaling solution for the BNB Smart Chain, powered by the Optimism OP Stack’s bedrock version. It operates by offloading transaction processing and resource usage from the BNB Smart Chain while still maintaining data integrity on the underlying mainnet. Users can seamlessly interact with the opBNB network by depositing funds from…

Legendary game developer, Peter Molyneux, has revealed the launch date for his highly-touted Web3 business sim. Working alongside Gala Games, the blockchain-based ‘Legacy’ title will launch on October 26, and feature Land NFTS.Famed for fan favorites, Fable, Black $ White, Dungeon Keeper and more, Mr. Molyneux knows a thing or two about video gaming. Now however, his latest game take on the very latest technology in order to build a thriving digital economy.Originally unveiled at the tail end of 2021, the game will arrive shortly on both Mac and PC and promises an “unforgettable business adventure.” Within its exquisite frames,…

Billing it as the first instance of a major mobile game developer building a crypto game from the ground up, Take-Two subsidiary Zynga announced its new Ethereum-based title “Sugartown” in August. In roughly three weeks, thousands of the game’s access tokens, called Oras, have generated more than 3,000 ether (about $5 million) in trading volume, according to OpenSea data. That yield comes as the NFT market continues to face a steep decline in volume and active traders. The floor price for Oras is currently sitting at about $430, also according to OpenSea. Take-Two, developer of the well-known “Grand Theft Auto”…

Star Atlas creator ATMTA is unlocking access to its developer tools and documentation on the Solana blockchain, offering fellow game creators access to its ecosystem and economy starting with the new SAGE Labs browser-based game. For developers wanting to take a peek under the hood of Star Atlas, the company has released a building hub where links and documentation can be found, offering free access to Star Atlas’ imagery, audiovisual assets, Unreal Engine tooling, APIs, and mainnet program IDs and addresses. Other features include a new player profile for customized gaming, a tool to use the ATLAS token for Solana…

Although cryptocurrency is no longer a foreign mythical concept like it used to be 5 years ago, it is still misunderstood by a lot of people. All the hype surrounding digital assets and projects like NFTs, DeFi, metaverse, and Web 3.0 has contributed to “cryptocurrency” and “blockchain technology” becoming trendy words often heard in tech news and even mainstream media. However, many people still view crypto as nothing more than a speculative tool. As a crypto user myself, I often have to answer the “What is cryptocurrency?” question asked by my friends and relatives. In a face-to-face conversation, I usually…