Author: Jeremy Ryan

NFT While non-fungible token (NFT) sales witnessed a substantial increase in May, demonstrating significant progress, recent data indicates that NFT sales have soared by 39.35% within just the last week alone. Furthermore, sales figures for the trailing week demonstrate that the Bitcoin blockchain maintains its rank as second in weekly sales volume. Ethereum Dominates NFT Market with 60% Share, Bitcoin NFT Sales Capture 17% of Weekly Sales Volume The NFT sales for this week saw a 39.35% growth from last week, amounting to $202.22 million in global sales. The quantity of NFT buyers also expanded by 37.45%, reaching the current…

Let’s look at what this implies for the world of NFTs and how it streamlines the process of migrating NFT collectors to the Bitcoin network. But first, we have to explore the concept of BRC-721. What is the BRC-721 token standard? The BRC-721 token is a token standard for NFTs (Non-Fungible Tokens) on the Bitcoin network, derived from BRC-20 (a token standard for fungible tokens). Each BRC-721 token contains a specific and non-replaceable identifier (Identifier inscription). The inscription ID will be produced in numerical sequence from 1 to max (max is the maximum value of an NFT Collection’s entire supply).…

World renowned global travel platform, Trip.com, as announced its first ever NFT collection tailored specifically for regular travelers. Through the ‘Trekki’ NFT campaign, globetrotters will be able to accrue valuable rewards as they circumnavigate our glorious orb.According to a press release, the new NFT collection will look to connect Web3 native digital nomads around the world. While additionally, operating as a loyalty program for holders, who will unlock additional benefits the more they travel.The collection itself features a variety of dolphin-themed characters known as ‘Trekki.’ Each of which, will feature a travel inspired background based on locations from destinations far…

Pitting gaming communities against each other in a race to see who can be the first to bring down Old Sally, Champions Ascension prepares to launch a new phase of their ever growing virtual world! The Champions Ascension team has hinted for a while that this team-based, PvE feature was coming to the game. But they have really chosen to launch it in style, giving a number of communities from other games chances to assemble teams of their finest warriors. Guilds, friend groups, and gatherings of random strangers are all are invited as well to attempt to be the first…

NFT The surge in popularity of NFTs, which are unique digital tokens that cannot be replicated, has recently captured the attention of notable corporations. Big names such as Marvel (a subsidiary of Disney), Coca-Cola, Gucci, Pizza Hut, KFC, Taco Bell, Lamborghini, and Hot Wheels (which is owned by Mattel) have joined the frenzy by delving into novel ways of integrating NFTs into their advertising schemes. Consequently, there has been a surge of fervor and anticipation amongst the masses, with many enthusiasts itching to partake in this latest trend. The value that the big brands bring to the table is tremendous,…

NFT In the ever-changing landscape of digital art and collectibles, non-fungible tokens (NFTs) have taken the world by storm, especially when we talk about projects on the OpenSea marketplace. These unique and indivisible tokens have revolutionized the way we perceive and trade digital assets, sparking an unprecedented wave of creativity and innovation. Among the myriad of platforms facilitating NFT transactions, OpenSea has emerged as a leading marketplace, attracting artists, collectors, and enthusiasts from all corners of the world. In this article, we embark on a fascinating journey into the world of OpenSea to discover the most interesting and trending NFT…

Blockchain KuCoin announced the update for the optimism bedrock mainnet. Optimism Bedrock is expected to unlock new possibilities in the blockchain ecosystem. KuCoin, a secure crypto exchange, is gearing up its layer-2 optimism network for the upcoming Bedrock upgrade. The update expected to boost scalability, security, and efficiency. ???????? Layer2 network Optimism is gearing up for the Bedrock Upgrade soon!???????? Discover how this game-changing update boosts scalability, security, and efficiency for Optimism, and what it means for the future of #Ethereum.#Optimism $OP #Layer2 #EIP1559 — KuCoin (@kucoincom) June 2, 2023 On June 3, the crypto exchange KuCoin announced the update…

Music and NFTs are still trying to find ways to merge gracefully, with varied success. Pixelynx, another contender in the web3 music scene, brings us a mint for mau5trap NFTs. These NFTs will hold unique, musical content, provide holders with ongoing airdrops, and allow holders to create and monetize music tracks with the help of an AI assistant! Let’s start with the basics. The mint for these mau5trap NFTs is happening in three stages. Public mint on June 7th. Priority allowlist for those who hold Droplet NFTs or are considered Community OGs will happen on June 6th. And for those…

Blockchain Zero-knowledge rollup solution zkSync Era has added its first liquid staking protocol, Rocket Pool, to its network. ZkSync Era first launched on Ethereum in March. Including Rocket Pool, 58 projects are now live and operating on the layer-2 solution. Users will have the ability to stake ether (ETH) on Era through holding rETH in their wallets, with staking rewards occurring automatically, just like on mainnet. Nick Ashley, Rocket Pool’s marketing manager, told Blockworks that Rocket Pool has had to face specific challenges that present themselves in keeping the protocol running smoothly while staying true to the ethos of decentralization…

NFT This week, Sotheby’s announced the next sale of rare NFTs from bankrupt 3AC’s coveted collection seized by liquidators in July 2022. The highlight of this sale is Dmitri Cherniak’s “The Goose,” which is expected to fetch a golden sum. Meanwhile, Mercedes Benz has released a new NFT collection inspired by its luxury cars in motion and Nike is bringing its digital drip to the EA Sports gaming ecosystem. This Week’s Alpha Golden goose: Sotheby’s is set to auction off another round of prized NFTs seized from bankrupt crypto hedge fund Three Arrows Capital on June 15. The second sale…