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This Saturday, March 25th, Yuga Labs launches their Second Trip to the Otherside, even allowing Otherdeed owners a chance to invite guests along for the ride. Never one to back down from hype, expect Yuga Labs to deliver another amazing experience in their upcoming Second Trip! It’s time for another trip to the Otherside! The First Trip was a trippy, and fairly impressive, multiplayer demo of the technology behind the Otherside universe. The Second Trip begins soon, and even though I don’t own an Otherdeed, I’m looking forward to seeing what the Otherside team has to show us this time!…

NFT Justin Aversano set the standard for NFT-based photography projects with “Twin Flames,” a collection of 100 photos of twin siblings tokenized on the Ethereum blockchain. The project has captivated collectors, racked up millions of dollars’ worth of sales, and made it to auction house Christie’s and the collection of the Los Angeles County Museum of Art (LACMA). On Saturday, Aversano will showcase his follow-up collection, “Smoke and Mirrors,” at Gabba Gallery in Los Angeles. First launched last year as Ethereum NFTs, “Smoke and Mirrors” is Aversano’s interpretation of a tarot card deck, with a different portrait to represent each…

NFT On Friday afternoon, CoinDesk’s managing editor for global policy and regulation, Nikhilesh De, received an email from an official Amazon account appearing to confirm the existence of digital tokens and a gallery on the e-commerce platform. The email was sent to De as a confirmation after a Amazon Prime Video channel subscription was renewed automatically. De had not purchased a non-fungible token (NFT) from Amazon and did not have any prior knowledge of the platform’s integration of NFTs. The email provides new insights into Amazon’s plans for Web3 expansion and hints at where these new tools might live on…

How does Arbitrum work? Offchain Labs’ Arbitrum One is a scalability 2 (L2) solution for Ethereum, introduced in 2021. This Layer 2 aims to reduce transaction fees and increase commodity processing that computes transactions per second, just like as Any Regulatory Scaling Solution. It moves computation and contract storage from the Ethereum main chain, allowing for significantly better parameters. Transactions on Arbitrum only need to pay a few cents to complete. Arbitrum is a project that uses Optimistic Aggregation technology to enable Ethereum smart contracts to scale by processing transactions on a separate Aggregate layer before grouping them into a…

Blockchain zkSync Era’s latest partners are Xsolla and WEMADE. zkSync Era has gained funding and recognition since the start of the year. zkSync Era, the future-proof zkEVM is expanding its functionality era by collaborating with various arena firms. The most recent addition to the list is the Web3 gaming zone. Latest partners are Xsolla, a global gaming commerce company, and WEMADE, a popular game developer and publisher. Decentralized web3 gaming and innovation protocol, @x_la_official, is coming to zkSync Era. Learn more about the collaboration, and why XLA is building on zkSync Era, below. #jointhemissionhttps://t.co/HCzM60Rfd0 — zkSync ∎ (@zksync) March 22,…

Aavegotchi, the popular community-owned NFT gaming protocol, is gearing up to launch its powerful new Gotchichain, a blockchain designed for all things Aavegotchi. The new chain will utilize Polygon Supernets, a technology that optimizes gaming performance with faster transaction times, lower gas fees, and superior scalability. This move will benefit the Aavegotchi community and the entire blockchain gaming industry.???? ATTN Gotchigang, exciting news! ????????We’re thrilled to announce the upcoming launch of @Gotchichain, a dedicated blockchain for all things Aavegotchi, powered by @0xPolygon Supernets!Read on to see what this means for $GHST and gaming on Aavegotchi ???? pic.twitter.com/e4bmsohKnX— Aavegotchi ???? ????…

NFT Sotheby’s, the 279 year-old auction house that began showcasing NFTs in 2021, appears to have brokered what could be its most disappointing digital art showcase yet. Dubbed “Oddly Satisfying,” a collection inspired by a popular subreddit of the same name, the auction of 58 lots yielded middling results at best. The top-selling piece, “Eternity” by the artist Anyma, nabbed €50,800 ($54,600). That was below Sotheby’s estimated closing price of between €70,000 and €100,000. It was also a far cry from the whopping $11.8 million a single CryptoPunks NFT fetched during a June 2021 Sotheby’s auction. That same year, Sotheby’s…

NFT Bitcoin NFT inscription activity has remained strong with consistency in the daily number of NFTs inscribed on Bitcoin. At the same time, the infrastructure to foster Bitcoin trading is finally coming together with the development of wallets and marketplaces supporting Ordinals. NFT marketplaces, Gamma and Magic Eden, added support for Bitcoin NFTs this week. While the initial response of traders has been subdued, the activity is expected to pick up soon. Improving the infrastructure around Bitcoin NFTs Bitcoin NFTs, also-known-as Ordinals, began with much fanfare in late January as they enhanced the utility and revenue of the Bitcoin blockchain.…

NFT Non-fungible tokens were launched on the crypto market in 2017 by introducing Cryptokitties and Cryptopunks that have immediately caught the public’s attention. Since their debut, the sector exploded and triggered even more buzz around the Ethereum blockchain, facilitating their creation. Why is Ethereum at the forefront of the NFT movement? Is it the only blockchain to allow the development of non-fungible tokens? Several other blockchains host NFTs, and many other cryptocurrencies can be used to buy non-fungible tokens, so why does everyone turn to Ethereum when interested in NFTs? Smart contracts and the ERC-721 token Ethereum is the first…

NFT NFTs continued to grow beyond their humble Ethereum roots this week, with Magic Eden becoming the first major NFT marketplace to offer Bitcoin-based collectibles on its platform. Web3 gaming was also in the spotlight, as Sony filed a patent that could make NFTs transferable between different games and consoles. Meanwhile, blockchains Immutable and Polygon announced a major partnership aimed at making it easier for developers and game studios to jump into Web3. This Week’s Alpha Magic Eden’s Ordinals expansion: Magic Eden has launched its own Bitcoin-based exchange for Ordinals NFTs, expanding its roster of supported blockchains and bridging the…