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The famed NFT project, OnChainMonkey, has revealed being “on the brink of a monumental shift,” taking a bold step to shift 10,000 ‘OCM Genesis’ NFTs to Bitcoin, waving goodbye to the Ethereum network — regardless of having to fork out $1 million to achieve such a target.The decision to transition from Ethereum to Bitcoin Ordinals is a tactical pivot. Danny Yang, the CEO of Metagood (the masterminds behind OnChainMonkey), believes the community perceives Bitcoin as more secure than Ethereum and that “high-value NFTs are likely to thrive” through the new network adoption.Following Yang’s announcement about the perks of Bitcoin on…
The ParaX Medal NFT airdrop initiative, previously outlined by ParaSpace, will encompass a total of 2,000 NFTs. The first 200 have been delivered to the initial migrating accounts. An additional 1,000 NFTs will be airdropped to the top 1,000 migrating accounts, as determined by their Total Value Locked (TVL) and Borrowing and Lending (BNPL) activity. An extra 800 NFTs will be allocated to users migrating within the first week, on a first-come, first-served basis. ParaX, formed through the merger of ParaSpace and Parallel Finance, aims to become a comprehensive web3 super app, providing infrastructure to enhance user experiences and boost…
Christie’s Auction House is ready to auction five digital artworks by the late Keith Haring — celebrated for his pop art and social justice work in the 1980s — through an NFT drop from September 12-20. The renowned masterpieces are expected to go under the auction hammer for a mighty $220,000 to $500,000 apiece.Dubbed ‘Keith Haring: Pixel Pioneer’, the online NFT auction will spotlight Haring’s talents, created in 1987 on a Commodore Amiga computer gifted to the legend by Timothy Leary. The digital images, formerly only accessible on floppy disk, will shortly be available on the Ethereum blockchain.Marking an intriguing…
NounsDAO is heading toward a treasury split in one week’s time after a critical mass of owners of the cutesy, colorful digital collectibles moved to conduct crypto’s latest “rage quit.” Holders with 25% of all Nouns NFTs are thumbing their nose at the project. Rather than trying to sell their NFTs on the open market – where NFTs are taking a bear market beating – they are rushing to get a better price directly from its trove of ether tokens. Under the crypto club’s newly enacted rage quit rules, if 20% of Nouns NFTs call for a “fork” they can…
Glass, a venture-backed crypto startup that sought to monetize NFT videos, is falling prey to the bear market; its founders are walking away. Co-founders Sam Sends and Varun Iyer posted on X (formerly Twitter) Friday that they will “end active development” of Glass Protocol after determining the demand for digital, tradeable video NFTs was too low to continue. “The market for video NFTs can no longer sustain Glass’ development,” Iyer said. Sends struck a similar tone: “Unfortunately, we have come to the conclusion that there is not sustainable demand for video NFTs.” The two-and-a-half-year-old startup is the latest victim to…
Sealed Mode arrives in Gods Unchained on September 14th, opening up a new type of game that requires players to build competitive decks with a limited, semi-random set of resources! This mode is familiar to many TCG players, and is a feature that the Gods Unchained playerbase has been requesting for quite a while. Sealed mode! I don’t even play Gods Unchained that much any more but Sealed mode may bring me back! The last two game modes introduced by Gods Unchained received lackluster interest from players. Chaos mode just opened the door to too many unfun hijinks for the…
Blue-chip NFT collection, Pudgy Penguins, will be showcased at the Richmond Night Market in Canada, kicking off the launch of TheFunPass. Richmond Night Market is the biggest in North America, boasting more than one million visitors each season that come for the site’s 500+ vendors, 100+ food stalls, and dedicated entertainment area, according to the Pudgy Penguins team. Pudgy Penguins will be exhibited via their own game, which offers players the possibility of winning a number of Pudgy Penguins trademarked items, as well as a way of engaging with the Pudgy Penguins IP in real-life fashion. Image provided by PudgyPenguins.com…
DFZ Labs, creator of the Deadfellaz NFT brand, is developing a digital trading card game with the help of video game juggernaut Unity’s internal development team. “We can’t overstate how powerful it is to have Unity collaborating on this game with us,” Psych, lead artist and co-founder of DFZ Labs said in a statement. “Our game plan includes an entirely new level of action and immersion for the [trading card game] genre; and there is no one better equipped to take on that task than Unity.” DFZ Labs is hoping to, like many other NFT brands, expand the reach of…
Korean game publisher Neowiz announced its initiative to build blockchain games through its Web3 division, IntellaX. Having already enjoyed success in the gaming industry, the well-established company is extending its influence to explore the promising avenues of the Avalanche blockchain.Neowiz’s Storied History and Blockchain GamingWith a history of over 25 years, Neowiz has carved a name for itself in the gaming sector, particularly in Korea. The company, renowned for popular releases such as “Cats & Soup” and the forthcoming “Lies of P“, which draws inspiration from the tale of Pinocchio, is eagerly awaited by enthusiasts and expected to be a…
In a significant development for the zkSync network, the zkSync Era NFT market and creator platform, Blockframe, has officially become the latest core development team outside of Matter Labs. One of the primary objectives of onboarding external development teams like Blockframe is to enhance decentralization within the zkSync network. This move ensures that Matter Labs is not the sole contributor to zkSync Era, promoting a more diverse and collaborative ecosystem. Additionally, this strategic partnership aims to leverage the expertise of external teams in building valuable tools for cryptocurrency projects and brands that are actively pursuing their web3 ambitions using the…
