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Pudgy Penguins aren’t just cute; they’re also at the forefront of Web3 innovation, promoting intellectual property utilization and community empowerment. Radiating love, empathy, and compassion, Pudgy Penguins are a source of positivity and good vibes for all.Read on to find out how.What are Pudgy Penguins NFTs?Launched in July 2021, this collection of 8,888 NFTs is adorable and a driving force for Web3 innovation through IP utilization and community empowerment. As symbols of love, empathy, and compassion, Pudgy Penguins bring good vibes and positivity to everyone in their orbit.As a proud Pudgy Penguin owner, you’ll enjoy exclusive access to experiences, events,…

In the midst of May Mayhem and their ongoing playtest, Champions Arena brings us their first NFT sale for their game. This sale features Nexus NFTs, which allow owners to rent out their Champions, and Estate NFTs, a sort of guild hall for the game. Champions Arena kicked off their open beta playtest last week and now bring us a sale for both Nexus and Estate NFTs. Nexus and Estate NFTs and Sale Info Players who own a Nexus can attach their Champion NFTs to it. Other players can then access these Champions, with a portion of their victory points…

Artifact Labs, a Web3 company dedicated to preserving historical records on the blockchain, has successfully closed a $3.25 million funding round. The NFT issuer began operating independently after spinning from its parent company last year.Hong Kong-based hedge fund manager Blue Pool Capital led the funding round, with significant participation from the renowned Web3 investment firm Animoca Ventures. Blue Pool Capital primarily invests the wealth of Alibaba founders Jack Ma and Joe Tsai.Investing in Growth and DevelopmentThe company plans to utilize the newly-acquired funds to expand operations and increase its team of developers. Artifact Labs first recognized the long-term potential of…

What is dead may never die! Rising from the ashes of their sudden closure due to Microsoft’s surprise announcement that they would not allow any blockchain integration with Minecraft, NFT Worlds rebrands to Topia. NFT Worlds was on the top of the web3 gaming scene early last year. Then an announcement from Minecraft that no NFT or blockchain integration would be allowed with their game, forced NFT Worlds to close down and reboot. And though this hiatus put them behind the rest of the pack, the realm of virtual worlds is still very much up for grabs! Since that announcement,…

NFT Non-fungible tokens (NFTs) have taken the digital world by storm, attracting investors and art enthusiasts alike. However, as collectors spend significant resources acquiring unique digital assets, they face the challenge of securely storing these valuables. Here, we explore the difficulties NFT collectors encounter, discuss the emerging solutions and alternatives, and offer insight into the future of NFT preservation. Vulnerabilities in NFT Storage Methods An estimated 40% of Ethereum-based NFTs are off-chain, which means they rely on external servers for storage. This dependence makes them vulnerable to loss, theft, or server shutdowns. The most significant threat comes from centralized servers,…

Certain traders have recently sold NFTs part of the Bored Ape Yacht Collection (BAYC) at a discount to invest in the now-trending memecoin – PEPE. The asset has been among the best performers in the crypto market lately, as its price has surged by over 600% over the last two weeks before cooling off in the past 24 hours. Shifting From NFTs to PEPE The popular Twitter user Cirrus revealed recently that some traders had sold 14 BAYC NFTs below their floor price during the weekend. They used the 672 ETH (worth over $1.2 million at the time) acquired from…

The Los Angeles County Museum of Art (LACMA) has delved deeper into the world of NFT art through an innovative collaboration with iconic digital artists in Web3. The significant art museum in the western United States will showcase a distinctive collection of non-fungible collectibles as a part of its “Remembrance of Things Future” initiative.LACMA and the blockchain consultancy firm Cactoid Labs joined forces to create this innovative NFT art project. All participating artists — Deafbeef, XCOPY, Erick “Snowfro” Calderon, Jen Stark, Monica Rizzoli, Ix Shells, Emily Xie, and Sarah Zucker — were given free rein to pick works from LACMA’s…

NFT Fracton Protocol announced today that it had achieved a major milestone by becoming the top holder in several renowned blue-chip NFT collections. Fracton Protocol’s holdings include Doodles, Mfers, Valhalla, Genuine Undead, Renga, Fluf, and ENS 10k Club. The innovative NFT infrastructure has achieved this impressive feat through its fractionalization strategy and integration with KuCoin. Chido, Global Head of Community at Fracton Protocol, said: We are incredibly honored to become the top holder in these prestigious NFT collections. It highlights Fracton Protocol’s commitment to supporting valuable digital assets and our influential role in the NFT ecosystem. Fracton Protocol has unlocked…

NFT DJenerates Klub — the first NFT collection to bring iconic electronic music DJs to Web3 (Blond:ish, Carl Cox, Jamie Jones, Sven Vaeth, etc.) — drops an exciting DJ contest that offers the winner a chance to play live at the world-renowned Amnesia venue in Ibiza. This opportunity is a dream for all aspiring DJs, giving them a once-in-a-lifetime opportunity to perform in front of a packed audience of music lovers in the Balearic Islands. Quick Takes: DJenerates Klub’s ‘Global DJ Search’ contest offers aspiring DJs the chance to perform at the iconic Amnesia venue in Ibiza. Running until late…

Blockchain Get all your questions answered in this concise FAQ, exploring the essential aspects of Bitcoin BRC-20 tokens and their role in the cryptocurrency world. Q1: What are BRC-20 tokens? A1: BRC-20 tokens are an experimental token standard on the Bitcoin blockchain, modeled after Ethereum’s ERC-20 tokens. They allow programmers to create and send fungible tokens via the Ordinals protocol. BRC-20 tokens have gained popularity in the crypto ecosystem, particularly with the rise of memecoins. Q2: Who created the BRC-20 token standard? A2: The BRC-20 token standard was created in March by an anonymous on-chain analyst called Domo. The objective…