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At its peak, the Bored Ape Yacht Club commanded an incredible $400k for even its lowest price NFT. Now however, despite still being unobtainable to the average human, its floor price has hit a low not experienced since the heady days of August 2021.The change in fortunes for the BAYC collection can be attributed to a number of underlying factors. These include, general market sentiment, a perceived end of utility, whale sell-offs, and reduced media coverage. However, those in the know have concluded that recent activity in the Blur ecosystem may have had the biggest impact overall.Earlier in the year,…

This innovative standard aims to enhance the security of non-fungible tokens (NFTs) by incorporating multiple layers of protection, including an on-chain two-factor authentication (2FA) system. The project recently announced the launch of ERC-721x, unveiling its unique features to the public. Introducing ERC721x: A safer implementation of the ERC721 standard ⚔️This technology gives you the convenience of a hot wallet, with the added security of a cold wallet.https://t.co/DGwuSRrI5d pic.twitter.com/7DoNivnMwv — CyberKongz (@CyberKongz) June 26, 2023 ERC-721x introduces two distinct layers known as “locking” and “guarding.” These layers work in tandem to fortify the security of NFTs. With the locking feature, users…

Fashion models Kendall Jenner and Kate Moss, musician J Balvin, artist Jeff Koons, and filmmaker Baz Luhrmann are among the celebrities set to serve on a panel that will select winning pieces of digital art to feature in an upcoming NFT collection, which is being organized to benefit The Foundation for AIDS Research (amfAR). Creators from around the world have until July 9 to submit original digital backgrounds to the panel via Prospect 100, a digital voting platform designed to showcase the work of under-exposed artists to curators at the top of their fields. Ultimately, 100 of those backgrounds will…

Web3 pioneer Chiru Labs, known for its popular Ethereum NFT collection Azuki, has announced an extension of its project with the launch of 20,000 new non-fungible tokens. The new collection, Azuki Elementals, will expand upon the original anime-themed project by offering additional profile pictures (PFPs).Token Airdrop and Upcoming SaleHalf of the 20,000 Elementals have already been distributed to the current owners of the 10,000 Azuki NFTs through an airdrop. During the “Follow the Rabbit” community event held in Las Vegas on Friday, holders were pleasantly surprised by this development.The remaining Azuki Elementals will be sold in a Dutch auction set…

Parallel is gearing up for their Avatar mint, which starts in early July. These Avatar NFTs will not only provide earning bonuses when used in the Parallel TCG, but will also have ongoing use cases for future games and events in the Parallel universe! Want an avatar that can be used across multiple games? Then maybe the Parallel Avatar mint is the thing for you! Parallel wants their avatars to be a central, playable character across a variety of games, starting with their trading card game. Players who equip their Avatar, and win with a deck that matches the Avatar…

Footballing giant, FC Barcelona, has joined forces with eccentric NFT project, World of Women (WoW), for a highly-anticipated second release of its ‘Masterpieces’ collection. For the sequel, a legendary player from the football behemoth’s women’s team is under the spotlight, advocating for women’s empowerment in sport.Aptly called ‘Empowerment’, the NFT series designed by Rhi Madeline, pays tribute to the captain of FC Barcelona’s women’s club, Alexia Putellas. The collectibles showcase her success during the Women’s Champions League semi-final match, capturing an iconic moment whereby Putella scored two skilled goals against Wolfsburg in 2022, piloting the team to victory.For the chance…

The German foreign intelligence agency, BND, has launched a novel new campaign to locate cyber talent for its blockchain division. The government organization has turned to a pack of 999 hound-themed NFTs laden with a cryptic, on-chain scavenger hunt.Taking inspiration from the real-life canines operating within the agency, the ‘Dogs of BND’ collection features a series of 2D cartoon pooches adorned with ‘secret service’ style traits. In order to acquire one of the mysterious NFTs, participants were challenged to decipher a character string shared on Instagram, then track it to the OpenSea account on which the collection resides. Upon discovering…

Azuki offered its latest soulbound token airdrop during a big party when the project announced its ‘Elementals’ presale on June 27th. TL;DR Azuki NFT holders received a special airdrop of soulbound tokens (SBT) that can’t be traded, to commemorate their time in the Garden. The project has announced an upcoming presale for the new NFT drop ‘Elementals,’ and Azuki and BEANZ holders are already whitelisted for the presale, which starts on June 27th. Azuki is a successful anime NFT project that has introduced innovations like the Hilumia metaverse and ongoing challenges, making it a pioneer in the anime NFT niche. Azuki…

Mobox opens up a series of new, MoDragon-related events for the month of June, building up toward their eventual release of Dragonverse, an enchanted land full of adventure and wonder for all Dragon owners! Mobox hasn’t waited long to introduce the next phase of their MoDragon adventure! Starting on June 29th, MoDragon owners will be able to engage in several new acitivities. This event, dubbed ‘Unleash the Magic’ features three MoDragon related activities — Expeditions, Soul Awakening, and Dragon Taming. Dragon Expedition is a quest style system that opens on June 29th and runs for four weeks. Expeditions have difficulty…

This free, Genesis NFT mint from Open Campus is the beginning of a push to bring web3 technology to educational content while funneling the revenue directly to the teachers and creators who make the content. The mint window for these Silver Notebooks and Golden Backpacks from Open Campus will only remain open until June 29th. Blockchain isn’t just for gaming and pretty pictures. We’ve seen a growing segment devoted to musical distribution and now we have Open Campus, an organization seeking to bring educational courses to the blockchain while rewarding those who can create the most useful content! Over the…