Author: admin

NFT VeVe, the premier digital collectibles marketplace, has once again pushed the boundaries in the growing NFT market. The mobile-first platform known for offering luxury licensed digital collectibles is about to release a fresh NFT from the Sesame Street franchise – an animated Oscar the Grouch, set to go live on May 27, 8 AM PT. Quick Takes: VeVe introduces limited edition Oscar the Grouch NFT, offering fans a unique and immersive Sesame Street experience. Collectors can download the VeVe app to own their own Oscar the Grouch digital token for just $60. VeVe sets a new standard for sustainability…

NFT Ready your plungers—the Rabbids are now on Reddit. Ubisoft’s Rabbids are quirky white alien rabbit creatures that have spawned numerous games since the mid-2000s and even a couple Mario crossover games with Nintendo. Now, Redditors can claim free Rabbids-themed NFT avatars for their profiles on the social forum site. Each Polygon NFT or “digital collectible” features a Rabbid in various outfits and poses, from a grumpy knight with a plunger to a smiling unicorn rabbit with a golden plunger (the plunger was the primary weapon in early Rabbids games). Who knew a plunger was just what your Avatar needed?…

NFT Brave has unveiled a new feature of its video calling product Brave Talk. The new feature uses NFTs to control access to calls. Brave Talk plans to change live events and video calls. Projects are still finding new and exciting use cases for NFTs, pushing the boundaries of what’s possible in the digital realm with these assets. This time, Brave, a privacy-focused web3 browser, is at the forefront of a revolution, introducing a new application for NFTs: Token-gated Video calls. Brave looks to shake up the video calling and live event industry by integrating NFTs into the fabric of…

Blockchain Core DAO is merging proof-of-work (PoW) and delegated proof-of-stake (DPoS) with the hope of solving the blockchain trilemma. The blockchain trilemma refers to the trade-offs layer-1 solutions must make when building a blockchain network. Between optimal security, scalability and decentralization, networks must only choose two out of the three elements. Ethereum, for example, prioritizes security and decentralization, but is not extremely scalable. For this reason, with more users on the network, gas prices increase and transaction speeds slow down. The network has since introduced sidechains — layer-2 solutions — to resolve this issue. Core DAO has taken a different…

NFT Nike’s .SWOOSH Web3 platform has released its first non-fungible token (NFT) sneaker collection, surpassing $1 million in sales despite persistent delays and technical issues that hindered the user experience. The sale of the highly-anticipated Nike virtual creations began on May 15, nearly a week after their previously-announced start date of May 8. The first round of sales, called “First Access,” was open exclusively for select users who were airdropped “posters” that served as their early entry ticket. In total, Nike says there were 106,453 posters distributed to its earliest .SWOOSH community members. The “General Access” sale began on May…

This seems to be the week of roadmaps. Mojo Melee is the latest to join the trend with a rather detailed roadmap outlining their plans for the next three months, which include the official launch of season one! Mojo Melee is currently in open beta, and just recently completed their special Chest mint as a reward to their players / testers. Now they’re ready to begin the launch of their seasonal content and have given us a roadmap for their plans over the next three months! What’s in the Roadmap? Unlike some other roadmaps, the one released by Mojo Melee…

Blockchain Investment bank Goldman Sachs and Microsoft want to boost Web3 uptake on the Canton blockchain through artificial intelligence (AI). The duo joins traditional finance (TradFi) giants Deloitte, S&P Global, Moody’s, BNP Paribas, and Cboe Global Markets in building infrastructure during the crypto bear market. AI Can Improve Web3 User Experience The recently-released Canton Network links the trading platforms of Goldman and Deutsche Börse, whose notional volumes exceed the trading activity of many crypto assets. The network is built on Microsoft’s Azure cloud. The consortium hopes to attract developers with the new digital asset smart contract language. Microsoft said last…

NFT Pudgy Penguins, a non-fungible token (NFT) project made up of cute chubby birds, has experienced waves of success and mishap since its debut in July 2021, including a rapid downturn in price and sentiment as doubts surrounding the founders emerged later that year. The community of holders, known as Pengus or “the Huddle,” was upset that the founders had failed to deliver on the project’s original roadmap. Their feathers were further ruffled after accusations arose that the founders had drained funds from the treasury. This led to some very angry birds in the Huddle, who moved to oust the…

NFT Cookie, cloud, web, spam — they’re all expressions connecting internet phenomena to relatable experiences. Part of the process of developing technology is deciding on the vocabulary that connects human understanding to the purpose of new mechanisms. But sometimes, it’s difficult to encapsulate complex ideas in simple words. The word “wallet,” used to label a common Web3 account tool like MetaMask, is often considered a bit of a misnomer. It just doesn’t quite fit what the tool is capable of doing. Like a Web3 wallet, a real-life wallet can hold identity information, currencies and maybe a photo or two, but…

NFT In the weeks since leading non-fungible token (NFT) marketplace Blur released its lending platform Blend, it has taken 82% of total lending volume market share. According to a report from blockchain data aggregator DappRadar released on Wednesday, in its first 22 days, Blend accumulated 169,900 ETH, or about $308 million in trading volume. During that same time, the trading volume across all lending platforms reached about $375 million. On the date of its release, the platform experienced 4,200 ETH, or roughly $7.6 million, in lending volume – meaning, Blend has seen a 3,945% increase in its trading volume in…