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London cultural stalwart The British Museum is partnering with Ethereum-based metaverse game, The Sandbox, to create a range of NFT digital collectibles in conjunction with the museum’s licensing partner, French startup LaCollection. According to a press release, these will “reflect the breadth and depth of The British Museum’s collections,” offering “new immersive experiences.” The British Museum will also create its own immersive space within the online game world, putting it alongside modern cultural icons like Snoop Dogg, McDonald’s, Adidas, and Gucci. “This is a great opportunity for The Sandbox players, regardless of where they are, to learn about the amazing…

In the face of a global decline in NFTs interest, Flow (FLOW) blockchain intriguingly showcases growth and resilience, navigating the wave of Q2 2023 with a blend of remarkable achievements and challenges. Data from DefiLlama shows that NFT volume has fallen to two-year lows, with OpenSea, remarked in purple, affected the most. Blur, shown in yellow, received significant interest from NFT traders at launch but has also since seen a dramatic decline in volume. However, according to a DappRadar report, Flow’s daily unique active wallets (UAWs) rose to an average of 13,169 in Q2 2023, a 1.5% increase from Q1…

In a remarkable event, a collection of NFT art by Vera Molnár achieved a full sale in less than an hour during a Sotheby’s auction. The “Themes and Variations” comprises 500 pieces of generative art NFTs. Aided by Martin Grasser, a creative coder and fellow generative artist, 99-year-old digital art pioneer Molnár realized a staggering total sales volume of 631 Eth, equivalent to $1.2 million.Uniquely, Sotheby’s employed a Dutch Auction format for this sale, a first in the esteemed institution’s three-century history. In a Dutch Auction, bidding opens at a high price point and gradually lowers until a purchase is…

Prices of Azuki NFTs have decreased 65% since the Elementals launch in June, according to data from Nansen. On June 26, the day before the Elementals drop, Azuki prices were hovering around 15 ETH ($28,250). In the month that followed, the floor price plummeted to 5 ETH ($9,724) as of July 27. Azuki trading volume also fell 78% this month. Azuki price and volume activity for the past three months. Photo: Nansen Azuki Elementals drop Azuki launched a new NFT collection called Elementals on June 27 that saw 10,000 anime-inspired avatars airdropped to existing Azuki brand holders. Another 10,000 were…

Twitter’s recent rebrand to “X” is a part of CTO Elon Musk’s plan to make the social media platform a payments application. However, another crypto company might just beat him to it. Web3 wallet Suku, a crypto payments application that facilitates transactions over social media platforms, is starting with Twitter to allow users to directly send digital currencies and non-fungible tokens (NFTs) to each other. Last week, Suku teamed up with sidechain Polygon to host an open-edition NFT mint in celebration of Polygon 2.0’s launch. Within the 48-hour mint period, users minted over 50,000 NFTs simply by posting a tweet…

It’s been a few months since their last playtest, but MetalCore is back with Alpha Phase 3, offering all players a chance to try out this sci-fi, FPS — and maybe even win some rewards along the way! A new MetalCore alpha kicks off on July 28th at 8pm CST. Officially named Phase 3, the MetalCore team calls this the final phase of alpha. So, presumably, a beta release is on the horizon — maybe even later this year! As an early alpha, there are still many features missing from the game such as crafting, baronies, and the ability to…

Beatport is finally making waves in Web3. The iconic music platform, a trusted resource for DJs and musicians to download music for their sets, is launching its newest marketplace called Beatport.io. Via a collaboration with design studio Define Creative, the music platform is launching on Aventus, a parachain built atop the Polkadot network. Beatport.io is adding techno elements to various NFT art drops, something the music platform’s media services SVP Ed Hill calls “Music+.” “‘Music+’ refers to drops on Beatport.io that are more than just music, they’re cultural artifacts driven by the music creators,” Hill told Decrypt. “Some of these…

beginner Interest rates play a pivotal role in our financial lives, impacting everything from our savings to the cost of borrowing money. This article aims to delve into two fundamental types of interest rates: simple and compound. To make informed financial decisions, it’s critical to understand the distinction between them, how they’re calculated, and their potential impact on your finances. Simple interest is a straightforward concept computed on the original amount of money (principal) without taking into account any previously accumulated interest. On the other hand, compound interest takes into account not only the principal amount but also the interest…

Non-fungible token (NFT) infrastructure firm Palm Foundation has laid plans to scale its support for minting and trading tokens on its native Palm Network. In doing so, it’s tapping Ethereum sidechain developer Polygon Labs and Web3 tooling company Consensys to build out Palm’s network as a Polygon Zero Knowledge (ZK) Supernet. Polygon’s ZK Supernet is a customizable layer 2 network that aims to provide easy onboarding for users and developers. The network is tailored toward projects that want to scale their Web3 enterprise endeavors. By leveraging the Polygon Supernet, Palm Foundation hopes to grow its native network infrastructure across its…

In Twitter Space’s recently conducted by Huobi with Altcoin Buzz, NFT experts and enthusiasts expressed their views on how art could transform the NFT space and vice versa. “Blockchain truly revolutionizes the Art business,” said Shash Gupta, the CEO of Altcoin Buzz. Gupta believes that Web2 transformed art-based industries in ways that were previously unimaginable. Musicians, he argues, got everything from Napter to Spotify, found new avenues to collaborate with other musicians, and fans got to buy tickets online. Writers and authors gained access to self-publishing and global distribution. And, theatre artists got YouTube and TikTok. All of these areas…