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NFT Art collectors and fans of the cult science fiction film Alien will have a chance to purchase a fractionalized digital artwork of a rare sculpture by the late Swiss artist H.R. Giger. Digital art platform Particle, which uses blockchain technology to offer fractionalized ownership of culturally significant artworks, will conduct the sale, according to the company’s website. The sculpture, dubbed “Necronom/Alien III, 2005”, is one of a collection of six statutes, but the only one made by Giger himself. It is valued at more than $240,000, and Particle has divided its ownership into 500 digital “particles” that will be…
NFT Ethereum’s ERC-721 and ERC-1155 are probably the most recognizable examples of token standards in blockchain today. They’re like blueprints, setting out rules for how tokens behave in a protocol and greatly simplifying the creation process. Their predetermined rulesets provide a sort of “package deal” with a variety of functionalities. Plus, they can be trusted as having been carefully audited and confirmed to be compatible with a range of applications. Without standards, a creator might enjoy more customizability but can run into serious problems when attempting to interact with platforms and interfaces. So it might be surprising to find out…
NFT Nike Virtual Studios, the sportswear giant’s digital arm, and video game developer EA Sports are partnering together to bring digital creations from Nike’s .SWOOSH platform to the EA Sports gaming ecosystem. Details about the partnership are limited, though Nike said in a press release that the collaboration will allow .SWOOSH members and EA Sports fans “to express their personal style through play.” This includes “immersive experiences” and “new levels of customization within the EA Sports ecosystem.” EA Sports is a division of Electronic Arts that publishes games like FIFA, Madden NFL and more. Nike’s .SWOOSH platform released its first…
Blockchain Leading game retailer GameStop (NYSE: GME) is teaming up with The Telos Foundation, the organization behind the layer 1 blockchain Telos, to expand its Web3 gaming offerings. The deal will link Web3 games utilizing Telos’ decentralized blockchain infrastructure to GameStop’s upcoming Web3 game launchpad Playr, providing new opportunities for mainstream gaming distribution. AJ Dinger, head of business development at the Telos Foundation, said in a press release that the collaboration will help onboard new users to the Web3 gaming ecosystem using Telos’ robust network. “We believe this collaboration will be a meaningful driver of new users into the Web3…
Blockchain Skale Network has released the Levitation Protocol — a Zero Knowledge (ZK) rollup aimed at providing a new scaling solution for Ethereum developers. Skale operates as an ecosystem of more than 20 application-specific sidechains that run parallel to Ethereum. These chains stand to provide scaling benefits through the deployment of ZK-Rollups, which, along with Optimistic Rollups, constitute the most widely adopted Layer 2 solutions. Beyond enabling developers to write ZK-Rollups for Ethereum, Skale’s core team intends to launch a dedicated decentralized Layer 1 blockchain to augment Levitation. This blockchain will be specifically designed for publishing Levitation-derived Layer 2 ZK…
Deep in the murky underbelly of Web3, where undesirables resort to devious tactics to earn a quick buck, one project has set a new low. A scammer peddling “Pixel Penguins” hoodwinked a number of NFT influencers with a fake cancer story in order to promote their NFT collection.Launched in February 2023, the Pixel Penguins project initially failed to gain any traction with its 10k NFTs. However, its founder, going by the names hopeexists1 and Sarah, had already hatched a more nefarious plan to get things up and running.Working through the facet know as the ‘NFT influencer,’ Sarah began to weave…
NFT The South African cricket legend Abraham Benjamin de Villiers, aka AB de Villiers, revealed how he became a victim of NFT hack. At the time of the hack, AB owned as much as 300 NFTs. In an interview with Cointelegraph, de Villiers revealed that he held over 300 digital collectibles before he became a victim of a hack last year. AB de Villeres signed a malicious contract AB, who has vocally embraced NFTs and crypto, got fooled by a malicious NFT masquerading as a new Pudgy Penguin drop, the legendary cricketer inadvertently gave a hacker access to his wallet…
In an alliance with Plastiks, FC Barcelona is poised to make a significant stride towards environmental responsibility. The club is introducing a unique collection of NFTs through an intersection between sports and digital technology. This initiative is not merely about digital art; it’s a step towards plastic recovery, aiming to retrieve one million kilograms of plastic.FC Barcelona & Plastiks: A Partnership for the PlanetWith its strong global following of over 400 million fans, FC Barcelona has often been at the forefront of leading the engagement charge in football. Recognising the potential of their influence, the club seeks to drive sustainability…
Blockchain Block Entropy AI offers Terra Classic community pioneering features. The first-ever generated picture on Block Entropy to be sold as NFT. LUNC, USTC, and LUNA all plunge in double digits in monthly terms. Terra Classic’s community just had a sneak peek of the highly-anticipated AI chain app being developed by Professor Edward Kim. One of the LUNC L1 Joint Task Force team members shared a snapshot of the first creation made with the Block Entropy AI chain app. Indeed, the tester has put in the prompt “a cat standing on a rock” and received a beautiful kitten image on…
Blockchain In a groundbreaking move, Bitget, the renowned crypto derivatives and copy trading platform, has made history by becoming the first cryptocurrency exchange to introduce support for an EVM-compatible address. This feature is set to transform the trading experience for Bitget users, empowering them to utilize a single address across multiple blockchains. With the ability to trade and store assets using one EVM-Compatible Address through various chains on the Bitget platform, users can now enjoy enhanced convenience and efficiency in their crypto transactions. Embracing The Power Of EVM-Compatible Address The launch of the EVM address support on Bitget marks a…
