Author: Jeremy Ryan

Blockchain Bedrock Upgrade to Reduce Protocol Costs Token House, the governing organization of the Layer 2 Optimistic Rollup network Optimism, has approved the upgrade for Optimism Bedrock’s Mainnet. Voting Cycle 11 has concluded. Two votes were brought to the Token House, and both have passed. Not only was this was the Collective’s first onchain vote using the new https://t.co/dmCOuX4B4i—it was also the first Protocol Upgrade. — Optimism Governance (@OptimismGov) April 6, 2023 According to the protocol, the Bedrock upgrade proposal had the highest voter turnout in OP Governance history. There was 27.945 $OP in favour of the proposal, and 37.217k…

Last month a crypto Twitter influencer accidentally destroyed their $129K CryptoPunk NFT. Here are some best practices to protect your NFTs from losses to technical mishaps with your crypto. “This is truly a devastating mistake for me.???? But I did this myself, and it is no one’s fault but my own. Both the beauty and the curse of self-custody,” tweeted crypto investor Brandon Riley, “Stay safe out there, everyone, and please be way more careful than I was. Thank you to so many of you for the kind words. ????????” NFT Collector Loses $129K CryptoPunk Riley reported on March 24…

Web3 technology platform, Feature.io, has secured the services of ‘The Fast and the Furious’ co-writer, David Ayer, to help script and produce its forthcoming ‘Lollipop’ racing experience. The project will feature an immersive entertainment driven aspect with a storytelling and gaming element, all backed by Polygon NFTs.Feature.io CEO, Steven Ilous, originally pitched the idea to Ayer, with grand plans to build an entire Web3 multimedia car racing experience. Ilous notes that Ayer is a big fan of Web3 technology and bought into the idea right from the start. Lollipop will not only be a game but an “interactive media experience”…

Gala Music brings a never released version of Let’s Dance by David Bowie to their music streaming platform. Available for only a limited time, this track will be available on a “pay what you wish” system! On April 14th 2023, it will be the 40 year anniversary of the well-known and iconic track from David Bowie, Let’s Dance. Still played on radio stations today! To celebrate, Gala Music will be debuting a never before heard version of Let’s Dance, produced by Larry Dvoskin. This sale uses a ‘pay what you wish’ pricing system. Meaning exactly that. You choose how much…

NFT Duna Analytics data shows that the cumulative minting volume of Bitcoin Ordinals inscriptions has exceeded 1 million, currently, 1,040,881, and the cumulative fee income has reached $4,758,619. This increase is equivalent to 2364.4% in 30 days. This shows how attractive users are to the NFT ecosystem on Bitcoin. Bitcoin Ordinals function by linking data (such as photos, text, and so on) to a unit of satoshi, from which an NFT may be formed. Satoshi is the Bitcoin network’s smallest currency. It is used in Bitcoin network transactions and exchanges, as well as a unit of measurement for the value…

NFT Non-fungible tokens (NFTs) are becoming increasingly popular for their ability to represent unique ownership of digital assets. NFTs can create new experiences for communities and foster feelings of belonging. But how can NFTs foster community feelings through co-creation, co-ownership, storytelling, and customer engagement? Connecting With the Community NFTs can be created collaboratively with a community, giving them a sense of co-creation and co-ownership. This approach can help brands build deeper connections with their audience. By involving customers in the creative process, brands can create a sense of ownership and pride in the final product. This co-creation process can also…

NFT As of April 11, Meta will discontinue its NFT-sharing feature ‘Digital Collectibles.’ Marking the end of a project that allowed users to display their NFTs on Instagram and Facebook Initially launched in May 2022, the feature was conceived as a way to better integrate the platforms into the digital collectibles ecosystem. Users could connect a crypto wallet and share the compatible image- or video-based NFTs as a special type of post. These include a slight shimmer effect and automatically tag both the owner and the creator of each digital item. Existing Digital Collectible posts will be converted to ordinary…

NFT Trouble for the Crypto Art market. According to the latest data, it appears that sales of non-fungible tokens fell 31% in March, with $882 million in NFT sales. Let’s see what and why this happened. Drop in non-fungible token sales: data on the Crypto Art market Crypto Art: which non-fungible token collections sold the most in March? What’s new coming in the NFT and Crypto Art market Drop in non-fungible token sales: data on the Crypto Art market As anticipated above, according to statistics, the number of sales of non-fungible tokens (NFT) in March was 31.42% lower than the…

PROOF proudly presents Moonbirds: Diamond Exhibition, a grand showcase of 10,000 pieces of digital art from 22 esteemed artists, including the world-renowned Beeple. This spectacular collection goes live on April 27th and is designed to celebrate the most loyal Moonbirds holders who have achieved the prestigious “Diamond Nest” status. Moonbirds is hosting a special event for Web3 artists. Credit: NFTEvening.com. A Stellar Lineup of Artists and Exclusive Experiences The Diamond Exhibition boasts a diverse range of art, from editions and series to generative art, crafted by talented artists such as Beeple, Dirty Robot, Gossamer Rozen, Justin Mezzell, Linda Dounia, Mindz.eye,…

One of the most popular and enduring entertainment franchises worldwide – The Smurfs, enter the world of NFTs with the launch of their official NFT collection. The “Smurfs’ Society”, a collective of entrepreneurs, artists, and Web3 experts, is developing the Smurfs’ Society Legendary Collection. These are a series of 12,500 unique NFTs that showcase intricate 3D-rendered Smurf characters and an exciting new cast of characters. Smurfs Society Legendary NFT Collection: Explained The Smurfs Society Legendary collection boasts 250 unique Smurf characters with 50 individual variants. Each of these come with over 300 randomized traits including skins, background FX, and lighting.…