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NFT The floor price of the Bored Ape Yacht Club (BAYC) collection has slumped to a five-month low of 55.59 ether (ETH), according to Cryptowatch data. The slide in NFT prices occurred after pseudonymous holder “franklinisbored” said on Twitter that he sold the majority of his collection. On-chain data shows that the user sold at least 27 BAYC NFTs over a 12-hour period, securing 1439.5828 ETH ($2.8 million) in the process. Franklinisbored explained his decision was due to “unfortunate” real-life issues which prompted him to liquidate his NFTs. “Due to an unfortunate IRL issue, I have had to sell off…
NFT The Golem Network has provided an important update on the status of its major partnership with the Reality NFT ecosystem, a leading platform that allows users to create, purchase, and sell NFTs that are based on real-world assets. The objective of this significant collaboration is to explore the viability of utilizing the decentralized computing power offered by the Golem Network to facilitate the expansion and integration of the Reality NFT platform. RLTM is a utility token with a fixed supply that was just recently introduced as the cornerstone of Reality NFT. Its purpose is to facilitate the expansion and…
NFT The Cardano non-fungible tokens (NFTs) ecosystem has been witnessing a significant decline, Forkast CAR NFT Composite shows. The index, which measures the performance of the Cardano NFT market, dropped 15.5% over the past 30 days. See related article: Forkast NFT indexes reveal the hidden costs of y00ts, DeGods’ moves across blockchains Fast facts The index suggests that Cardano users have been selling off top-tier projects in favor of newer ones. In the past month, two of Cardano’s top projects ranked by total buyers are less than 30 days old. These two collections alone, Ennaya of Tonire and Magic Kongs,…
NFT Web3 influencer Nicole Benham, a former journalist with bylines in the Los Angeles Business Journal and The Hollywood Reporter, was at the center of the latest NFT “pump and dump.” Benham spent the past few days discussing Dogecoin founder Billy Markus’s latest project, Blocky Doge 3. The “media personality” could be found responding to tweets and joining Twitter Spaces promoting the collection with insights such as “no roadmap or utility?” followed by the “eyes” emoji and “here’s the alpha, the founder of Dogecoin is dropping a dog NFT collection pretty soon.” “There’s a lot to be excited about; that’s…
Another land sale is coming to SinVerse, giving players another chance to purchase one or more plots and build a business. And whether you want to sell firearms, or run a nightclub, or just chill with your cannabis coffee shop, SinVerse has room for everyone to create their own empire within this GTA-style online world! Who’s ready to own some land in SinVerse? Your chance will come on April 21st, 2023, but if you didn’t already join into the staking pools that were opened earlier this year, then you’ll have to hope for the chance to grab a plot in…
NFT Mastercard has been among legacy companies rooted in traditional finance (TradFi) to jump into the Web3 space. The company has been involved with a number of Web3 integrations in recent years. Most recently on April 12, Mastercard announced its new artist accelerator program, however this time they added a Web3 twist. The program is nonfungible token (NFT)-gated, therefore is only accessible to holders of its Mastercard Music Pass NFT. According to the announcement, the NFT is a limited-edition and free until the end of the month to both musicians and fans. The program was created in collaboration with Polygon…
NFT Bruce Lee tragically left the world in 1973, leaving behind his family that now continues his legacy. There is a lot to talk about in that direction, but the focus, for now, is on the House of Lee. The NFT by the Lee Family in collaboration with Shibuya and pplpleasr. According to the announcement made through the Twitter handle of Bruce Lee, mostly run by his daughter Shannon Lee, tickets for the NFT event can be bought from the official site of House of Lee: Genesis. At the time of drafting this article, over 17,000 mints of the NFT…
Blockchain The projects based on LayerZero are seeing significant development, primarily from Airdrop hunters anticipating a large Airdrop from this ecosystem. According to Nansen, the number of users actively interacting with decentralized applications (DApps) built on this layer has significantly increased over the past two weeks, particularly after LayerZero announced the launch of its Series B fundraising round on April 4. Specifically, during the first week of April, the projects Stargate Finance and Radiant Finance, both of which are built on this platform, were the most popular ones on Arbitrum and Optimism. LayerZero and its applications are ranked anywhere from…
Calbee Inc., Japan’s leading snack food maker, has announced the launch of its new promotional campaign, “NFT Chips,” on the Astar Network. As part of this campaign, consumers who purchase a pack of Usu-Shio, Consomme-Punch, or Nori-Shio potato chips can claim a free, evolving Potato NFT by participating in an origami-like game called “Ori-pake.”Leading Japanese snack food maker Calbee Inc. to deploy its evolving potato chip NFTs on Astar Network. Calbee’s NFT chips can be found in thousands of retail stores across Japan, and the name resonates with most Japanese ???????? Check out if you are in Japan.https://t.co/1ftvdNJlnr— Astar, Future…
NFT In response to the growing need for digital asset protection, web3 payment provider Wert and insurtech service Avata have introduced a groundbreaking NFT warranty service designed to safeguard collectors’ investments against smart contract hacks. In the first quarter of 2023, the web3 domain experienced a series of cyber attacks, with hackers exploiting more than $320 million. Ensuring the safety of digital assets is of paramount importance, especially for potential users. Web3 payment provider Wert, in collaboration with insurtech service Avata, has introduced a novel nonfungible token (NFT) warranty service to address the security concerns of both existing and potential…
