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Avalanche has announced the EVM chain debut of Hyperspace, a multi-chain NFT marketplace. The mission is to offer an enhanced experience to users when it comes to non-fungible tokens. Hyperspace has chosen Avalanche for a variety of reasons. This includes power, speed, and eco-friendliness. Also, Hyperspace has identified the potential that the Avalanche Network brings to the partnership. While the decentralized application has launched on Avalanche as an EVM debut, Hyperspace believes it has much more to introduce in the coming days. In other words, what consumers currently see may only be the tip of the iceberg. Hyperspace has stated…
Innovative Web3 gaming superapp, GAM3S.GG, has announced it has raised a staggering $2million in seed round funding. The platform will now funnel this new war chest into expanding and developing its one-stop hub for discovering top titles in the space.GAM3S.GG, formally known as Polkastarter Gaming, achieved its mighty injection of cash thanks to a seed round led by investment firm, Mechanism Capital. This effort was then followed by additional support from the likes of Polygon, MarketAcross, Double Peak, Arkstream and more, while a number of prominent Web3 gaming angel investors also played a key role.As a result of its latest…
Glenfiddich is blending its expertise with the NFT marketplace that sells exclusive wine and spirits authenticated directly from luxury brands, BlockBar, to craft a unique ‘cask partnership’ to garner buzz surrounding the debut of its deluxe ‘Suspended Time’ whisky via an NFT drop next week.By marrying BlockBar’s pioneering retail strategies on-chain with Glenfiddich’s mastery in whisky maturation, Suspended Time, 30 years of age, embodies this joint venture. Debuting in an elegant, sleek black capsule, the opulent packaging enhances the grandeur of the premium spirit it contains, making it a must-have item ahead of the first swig.The Suspended Time Edition is…
This has been quite a week for news from Gala Games, but probably not in the way that they want! In short, the two co-founders of Gala Games Eric Schiermeyer and Wright Thurston, are filing lawsuits against each other, alleging various improprieties in regards to the company and its GALA token! Whenever two co-founders of a company sue each other for hundreds of million dollars, it’s generally not a good sign. And as you might expect, there is a lot that is revealed by these lawsuits and a lot that we still don’t know. The allegations in these lawsuits are…
The delay is due to the discovery of some bugs during final testing, ensuring a smoother experience for all participants. The new opening date will be revealed next Monday. Previously, the BAYC had announced that the HV-MTL Forge Rift would open on September 7. The HV-MTLs are strange machines from another world that are armed with a fascinating combination of weapons and oddities, like hotdog cannons. They had been undetected for decades prior to their abrupt summoning; therefore, the story behind their presence is shrouded in mystery. These distinctive NFTs are intended to change according to the owner’s choices, enabling…
As the Detroit Lions and Kansas City Chiefs gear up to kick off the NFL season on Thursday, the online discussion platform Reddit dropped a sizable batch of NFT-backed avatars to commemorate the league’s 32 teams. The wave of digital assets represents one of the largest collections of so-called Collectible Avatars released by Reddit to date, the company told Decrypt. They are priced at $25 per “Snoo” NFT—reflecting the company’s iconic alien mascot—and capped at 500 per NFL team. Fans of the Philadelphia Eagles or the aforementioned Super Bowl champion Chiefs may be familiar with the concept of NFL-themed avatars.…
In this week’s newsletter, read about how German flagship airline Lufthansa uses nonfungible tokens (NFTs) to reward loyal customers and how soccer superstar Cristiano Ronaldo teased his future NFT plans during a lie detector test. Check out why a law professor believes the metaverse should be taxed, and find out how artificial intelligence (AI) and NFTs can provide a personalized learning experience to children. And don’t forget this week’s Nifty News, featuring a Mutant Ape NFT selling for over $800,000 amid an ongoing downward price trend. Lufthansa launches NFT loyalty program on Polygon Lufthansa’s innovation unit has collaborated with its…
Though The Sandbox has not been shy about selling land, there hasn’t really been much new for land owners. That may all change over the next few months as The Sandbox unveiled a new Land Owner roadmap with information about neighborhoods, more land sales, and an land upgrade system! Wake up owners of The Sandbox land! We have a new ‘Q2 2023’ (did someone forget to update the banner image?) Land Owner Roadmap from The Sandbox! The biggest feature in the roadmap is the plan to open up experience publishing to all land owners later this year. We’ve already seen…
Despite the setbacks caused by the 2022 crypto crash, Web3 continues to intrigue marketers, particularly in the activewear and luxury brand sectors. Based on the principles of decentralized applications and blockchain technology, Web3 offers ownership of data and digital assets, opening up new opportunities for innovative initiatives by different brands. In a recent interview with Insider, Byron Sorrells, CEO and co-founder of Dispatch, a platform facilitating friction-free purchases in various digital experiences, said that the 2022 crash provided a much-needed distinction between speculation and the real utility of Web3 technology. Sorrells claimed that he sees Web3 as a technology that…
Base network’s “Onchain Summer” promotion in August resulted in over 700,000 non-fungible tokens (NFTs) minted by over 268,000 unique wallets, according to a Sept. 6 announcement from the team. Coinbase launched Base, its Ethereum layer-2, on Aug. 9. To spur adoption, the network’s team implemented a month-long launch event. It partnered with over 50 companies, artists, and creators to release new digital art NFTs exclusively on Base. Each art set was released on a different date, requiring users to return to the network repeatedly to collect every piece. Over the first two weeks of the promotion, over $242 million worth…
