Author: Jeremy Ryan

Animoca Brands Japan will introduce a limited edition digital efigurine NFTs based on prime players of the TV anime Liar Liar. Haruki Kuou carried out the initial creation and was duly published by KADOKAWA. Konomi and Funa Yukina were responsible for creating the character on Weebox. This was the initial outlet within the decentralized city, San Fran Tokyo, built by KLKTN. Liar, Liar was introduced through Crunchyroll, beginning in July 2023. It became popular internationally, and large volumes of anime enthusiasts were created. In March 2024, Animoca Brands Japan has plans to drop efigurine NFTs depicting the initial creations of…

The Optimism blockchain ecoystem is getting its own “alternative data availability” or “alt-DA” chain, called Redstone – courtesy of the development team Lattice. Currently still operating as a test network, Redstone aims to be cost-effective for on-chain games and decentralized applications. Optimism is an ecosystem of so-called layer-2 chains, designed for cheaper and faster transactions, including the original OP Mainnet, currently the world’s second-biggest layer-2 network in terms of value deposited. The affiliated networks rely on “optimistic rollup” technology – a reference to how transactions are settled to the main “layer-1” or “L1” Ethereum blockchain. In October 2022, developers at…

Dairy Queen is partnering with local nonfungible token project Weirdo Ghost Gang (WGG) to create a pop-up NFT store in Chengdu, China. According to a press release seen by Cointelegraph, the “Ice and Snow Season” themed pop-up store is scheduled to run from Nov. 15 to Dec. 31 and will feature a variety of co-branded merchandise, such as a Dairy Queen-WGG themed ice cream. In addition, WGG NFT holders will receive exclusive perks as part of the joint venture. The project has a large following among users in the Asia-Pacific region. The Chunxi Road in Chengdu where the Dairy Queen-WGG…

Billionaire real estate developer Frank McCourt took aim at ” dodgy cryptocurrencies and silly NFTs” for spoiling the narrative around blockchain. Speaking at Web Summit 2023, McCourt noted that his own project, open internet protocol DSNP, was not tokenized. “Dodgy cryptocurrencies and silly NFTs are not the same as core technology that can actually help make the internet better for us,” he said, adding that “the narrative has been spoiled somewhat.” Blockchain has the potential to “fix the internet,” he said. “And by fix, I mean identity, provenance, verifiable attributes, attestation. Those are the things actually the blockchain does extremely…

Disney and Dapper Labs — the masterminds behind NBA Top Shot and NFL All Day — have unveiled teaming up to create ‘Disney Pinnacle’, an exciting new NFT platform.Disney Pinnacle’s hub of digital assets takes inspiration from the popular tangible pins featuring famous Walt Disney, Pixar, and Star Wars characters and themes, which hobbyists avidly garner and trade in the real world. Following the success of Dapper Labs’ blockchain and marketplaces, the platform holding these traditionally cherished physical collectibles will be digitally available on the Flow network and via the Apple App Store by this year’s end. Be the first to chase, collect and trade digital…

Vitalik Buterin, the cofounder of Ethereum, recently delved back into the topic of Plasma—a blockchain scaling solution. His latest article dissects the complexities and potential of Plasma, which has garnered attention from industry leaders, including Charles Hoskinson, who responded with a contemplative Kermit the Frog GIF. Plasma, first introduced in 2017, was designed to enhance blockchain scalability by handling data and computations off-chain, except for essential elements like deposits, withdrawals and Merkle roots. It promised significant scalability improvements but has been largely overshadowed by rollups due to its limitations, such as high data storage costs on the client side and…

Disney, in collaboration with Dapper Labs, has announced the development of ‘Disney Pinnacle,’ a digital collectible platform inspired by the fan-favorite Disney theme park pins. This unique platform aims to bring the magic of Disney pins into the NFT space.NFTs Meet Disney PinsDisney Pinnacle combines the thrill of Disney pin collecting with the innovation of NFTs. Each digital pin will be fashioned after traditional Disney pins and then minted as an NFT. Dapper Labs, the company behind the popular NBA Top Shot platform, will create these NFTs using its proprietary Flow blockchain.Collectors will have access to a vast array of…

Traditional-finance giants JPMorgan and Apollo successfully worked with a handful of blockchain firms to demonstrate “proof of concept” for how asset managers could tokenize funds on the blockchain of their choice, according to a press release. JPMorgan’s Onyx Digital Assets collaborated with interoperability layer Axelar, infrastructure provider Oasis Pro and Provenance Blockchain to manage large-scale client portfolios, execute trades and enable automated portfolio management of tokenized assets, according to the release. Oasis Pro enabled the tokenization of assets, such as Apollo funds, on the Provenance Blockchain Zone, according to the release. The initiative is part of Project Guardian, a collaborative…

Aurelien Michel, the man behind the Mutant Ape Planet NFT project, has admitted his guilt in a “rug-pull” fraud case. Authorities report the scheme defrauded investors who shelled out around $2.9 million. Michel manipulated the soaring popularity of ape-centric NFT art to his advantage, inspired by the tremendous success of the Mutant Ape Yacht Club series.Scheming a Fraudulent NFT ProjectAt the beginning of 2022, Michel announced the issuance of his project, Mutant Ape Planet NFTs. Much to the investors’ dismay, Michel harbored no intentions of creating or disseminating any artwork. His primary objective revolved around obtaining funds. As a result,…

TOTHEMOON Universe is gearing up to open its Infrastructure Deed Burning and Moon Infrastructure Mint process, scheduled for Nov. 16 at 8:00 p.m. (UTC). Users can participate in this event by visiting TOTHEMOON Universe’s Deed Burning page. Moon Infrastructures Moon Infrastructures are necessary in the TOTHEMOON Universe to provide resources for characters (i.e., Moon Creatures) to survive, and for players to progress in the game. Additionally, Moon Infrastructures will reward users with TTM utility tokens. There are 12 Moon Infrastructure types, with total supplies ranging from 250 to 1,000 NFTs each. Moon Infrastructure Types include: Water Well, Greenhouse, Creature Facility,…