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NFT Artifact Labs, a Hong Kong-based non-fungible token (NFT) company, announced on Monday that it raised US$3.25 million in its seed financing round led by Blue Pool Capital and Animoca Ventures. See related article: NFTs may become the “Lego blocks” of Web3 in 2023, Gary Liu says Fast facts Artifact, a spinoff of Hong Kong newspaper South China Morning Post (SCMP), said in a statement that it would use the funds to expand operations with a primary focus on increasing its technical headcount. “It’s not about creating new [intellectual properties] for speculation — for example NFT hype projects — it’s…
As digital art gains prominence in the world of creativity, a new way of collecting, trading, and appreciating art has emerged: NFT Art. This comprehensive guide will dive into the world of NFT Art, explaining what it is, why it’s so popular, and how you can get involved. We’ll explore how to create, buy, and sell NFT Art, as well as discuss its future prospects and challenges.What is NFT Art?NFT, or non-fungible token, is a digital asset that represents ownership of a unique piece of art, music, or other digital content. NFT Art refers specifically to digital artwork that has…
A preeminent entity in the creative NFT landscape, Palm NFT Studio, has launched its ‘Palm Generative Art Maker.’ This groundbreaking tool streamlines the process of creating and minting generative art collectibles on-chain. Palm Generative Art Maker offers an all-encompassing infrastructure for artists. The tool allows blockchain enthusiasts and novices to develop code, save it on-chain easily, and yield unique compilations of generative artwork. In addition, the new technology simplifies the intricate coding procedure by facilitating bulk rendering and producing assets while including rarity and trait systems. Over the years, generative art has seen a tremendous increase in popularity. This tool, constructed by…
Blockchain The approval of the National Blockchain Policy in Nigeria has left the nation’s crypto community over the moon as it signals room for more development in the nation’s crypto industry. Some local experts have expressed their opinions about the implications of this new policy in Nigeria in relation to the current blockchain ecosystem in Nigeria. The government of Nigeria approved a national blockchain policy during a meeting on May 3, 2023. A draft of the blockchain adoption strategy stated that blockchain and decentralized ledger technology would “facilitate the development of the Nigerian digital economy.” Cointelegraph reached out to the…
NFT The deliverance of an absolute game-changing NFT project, the House of Skulls, is in the offing and will help in bridging together its community in terms of being in the position of sharing similar ideas related to earning profits, as well as overall pleasure. The project will be different from other projects having a collection of fascinating digital art with passive income, along with gaming utility. In this scenario, the founders will be playing the role of providing convenience to their investors, whereas the true beneficiaries will be the holders. It will completely alter the way the Polygon chain…
The NFT landscape continues to witness a growing influx of artists, creators, and collectors. NFT staking is one of the latest innovations in this ever-evolving space, offering new ways to earn rewards and maximize the value of digital assets. In this article, we will dive into the world of NFT staking, its benefits and risks, how to choose the right staking platform, and what the future holds for this exciting new development.What is NFT Staking?NFT staking is the process of locking up your non-fungible tokens on a blockchain platform to earn rewards, typically in the form of cryptocurrencies or other digital…
NFT MegaOasis has launched its latest NFT collection, titled Solitude. The series of four works by Andhika Ramadhian was created to explore the feeling of isolation and the growth opportunities that solitude can provide. Solitude is the 6th collection launched on MegaOasis so far. Doors to the sale opened on April 27. One NFT is being auctioned, two are for straight sale with quantities limited to nine, and one is for sale with no quantity limit. Tokens will remain available for two weeks. The available NFTs are: Sunshine: 100 NEO auction start price, limit of 1 Lost: 10 NEO fixed…
The innovative Palm NFT Studio is launching the Palm Generative Art Maker. This tool empowers creators to quickly develop generative art collections on the blockchain.This state-of-the-art tool offers a comprehensive infrastructure for artists to create their code, store it on-chain, and generate a series of unique artworks.Benefits of the Palm Generative Art MakerHistorically, creators needing more coding knowledge found this process difficult. Still, the Palm Generative Art Maker streamlines bulk rendering, trait and rarity systems, and asset generation.Today, generativity is changing the way we create, experience, and collect digital art. Over the course of the past year, we’ve been working…
NFT “FOMO,” or the “fear of missing out,” can stress out NFT and crypto traders looking for the next big thing—but a new NFT project is attempting to spread “JOMO” in Web3 instead while raising money for charitable causes. With Mental Health Awareness Month underway, the JOMO Effect NFT project looks to sprinkle positivity throughout the community and counteract the anxiety that can come from keeping up with the fast-moving space. JOMO is short for “joy of missing out,” a decidedly different sensation from FOMO. The JOMO Effect NFT collection is the brainchild of Peace Inside Live, a collective of…
NFT Bright Moments, the DAO-driven roving NFT art festival, has arrived in Tokyo, providing a live experience of minting generative Ethereum NFT artwork that spans multiple locations, three digital art collections, and dozens of notable artists. The primary venue features a custom arcade game cabinet adorned in pixel art, surrounded by towering video screens, and a mirror floor that gives the space a surreal allure.—The Tokyo event is held in the heart of Shibuya, where up to 1,000 attendees can mint a CryptoTokyoite, one of 10,000 total pixel avatars that serve as membership passes to the Bright Moments DAO.Aside from…
