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NFT Getting crypto into the hands of the masses may come one NFT at a time. This is exactly what NFT Factory, an NFT-dedicated hub in the heart of Paris, is trying to offer within its 400 square meters physical building dedicated to NFT education. “When we started this project we wanted to let as many people as possible discover NFTs and make them accessible,” NFT Factory president John Karp told Decrypt during this year’s NFT Paris event. NFT Factory is made up of around 130 tech and crypto leaders, artists, investors, and companies which include Blackpool, Ethereum France, Ledger,…
Gods Unchained moves into their first public pre-alpha for their new mobile client. Beginning on February 24th, 2023, invited players can try out the Gods Unchained gameplay on their Android device, and provide feedback to help the team fix bugs and improve the experience! The web3 space is hitting the mobile gamers from both sides. Some web3 games are moving into mobile like Gods Unchained, while other, already existing mobile games are incorporating NFTs and blockchain tokens. This first Gods Unchained mobile alpha test opens up first for those on the elected Council of Mortals, and those with Mount Olympus…
Blockchain Sergey Vasylchuk, the chief executive officer of staking provider Everstake, said the company is continuing to move forward despite the continuing military conflict between Ukraine and Russia. Exactly one year ago today — Feb. 24, 2022 — Russian military forces invaded many areas of Ukraine in what has become one of the biggest conflicts in modern Europe since World War II. In the last twelve months, more than 8,000 civilians have died, many Ukrainian cities have been shelled with at least one almost leveled, and the country continues to be at risk of missile attack and ground invasions. Vasylchuk…
The United States Securities and Exchange Commission has again been accused of overstepping its authority and unfairly labeling crypto assets as securities, this time in its insider trading case against ex-Coinbase employees.In an amicus brief filing on Feb. 22, the U.S.-based Chamber of Digital Commerce argued the case should be dismissed as it represented an expansion of the SEC’s “regulation by enforcement” campaign and seeks to characterize secondary market transactions as securities transactions.We have serious concerns about the SEC’s attempt to label these tokens as securities in the context of an enforcement action against third parties who had nothing to do…
NFT During this past week, SHIB has become one of the most trending cryptos. SHIBOSHIS, the collection of Shiba Inu generated NFTs, is considered to be a significant reason for SHIB’s boom in popularity. One such Shiba Inu NFT, THE SHIBOSHIS #5803, has become the grand prize for the STRMNFT Battle Royale, a 7-day tournament starting from March 2. THE SHIBOSHIS #5803 is a blue-chip NFT that will be given to the victor of this tournament. The spokesperson of STRMNFT, an NFT marketplace where users can mint and trade their digital art, mentioned that the tournament will comprise 1,000 entry…
NFT The rise of Non-Fungible Tokens (NFTs) has created a new frontier for brands looking to engage with consumers in a more meaningful way. However, as more and more brands enter the space, many are discovering that what they have committed to actually requires methodical, continuous effort and engagement that escalates with each milestone. Basically, brands are finding themselves in a type of ‘engagement Ponzi scheme’ that their marketing teams are not equipped to handle. Here’s why. The challenge stems from two things: Many users ask for “utility” from NFTs, but what they actually mean is “entertainment” (which is a…
Worldwide Webb is starting to take off, and now has the funding to expand.Worldwide Webb is making waves in the Web3 gaming industry. The MMORPG game is gathering serious momentum after announcing a 10M funding round led by Pantera Capital. The Ethereum-based game is unique in its approach, and allows you to explore its world with your own NFT avatar. Indeed, the browser-based PC game has an old-school, Super Nintendo look, but Worldwide Webb is promising to innovate the Web3 space. The game announced on its Twitter: “We plan to invest heavily in recruitment, so that we can build a world-class team…
Cryptocurrency exchange CoinEx has been sued by New York Attorney General Letitia James, who alleges the firm falsely represented itself as an exchange by failing to register as a securities and commodities broker-dealer in the state.A 38-page petition filed by James in the New York Supreme Court on Feb. 22 alleged CoinEx “engaged in repeated and persistent fraudulent practices” and violated the state’s Martin Act — considered one of the most strict anti-fraud and securities regulation laws in the United States.She also asserted CoinEx listed various tokens that qualified as “both commodities and securities,” naming Amp (AMP), LBRY Credits (LBC),…
A United States District Court judge for the Southern District of New York ruled that emojis like the rocket ship, stock chart and money bags mean “a financial return on investment, ” according to a recent court filing. In a tweet, former United States Securities and Exchange Commission (SEC) branch chief Lisa Braganca warned users of the potential legal consequence of using emojis that may indicate future gains. She tweeted:A federal court judge ruled that these emojis objectively mean “one thing: a financial return on investment.” Users of these emojis are hereby warned of the legal consequence of their use. #emojis #rocketshipemoji…
NFT Global non-fungible token (NFT) sales surged by 159% over the seven days from Feb. 17 to Feb. 23, with rising NFT marketplace Blur’s rewards appearing to continue driving most of the action across the sector. Total weekly NFT sales increased to US$772 million in the seven days from US$299 million in the previous week, according to data from NFT aggregation site CryptoSlam. The average price of the assets sold on Tuesday increased to US$566.43, more than three times higher than US$175.57 on Feb. 14. “Blur rewards are still driving most of the action across the NFT space as Season…
