Author: Jeremy Ryan

Football fans stand up and take note, next generation travel company, Staynex, has partnered with Arsenal FC to launch an exciting new NFT project. Through the Arsenal Journey Pass, fans will soon have a chance to access match tickets alongside luxury accommodation.The new campaign will operate via the Enjinstarter initiative and will begin on April 7th on OpenSea. It represents a once-in-a-lifetime opportunity for Arsenal supporters to witness their beloved club’s attempt to win its first Premier League title since 2004.Attention all football fans!We’re excited to announce that Staynex Arsenal Journey Passes are launching soon! ????To celebrate this special occasion,…

NFT Cryptocurrency is still in its infancy and non-fungible tokens (NFTs) are an even newer asset class, only coming to mainstream notice in 2017 with the launch of CryptoPunks. So it’s no surprise that historic policies and laws are still catching up to the new realities of digital asset ownership. Case in point: Last week, the U.S. Internal Revenue Service (IRS) published a document requesting comment and proposing new guidance on the tax treatment of NFTs. The statement, Notice 2023-27, questions whether NFTs should be classified the same as traditionally accepted collectibles like stamps, physical artworks and fine wine. It…

The once dominant marketplace is rapidly losing its market share to Blur.According to the DappRadar industry report, NFTs are making a strong start to the year. Unfortunately, the same can’t be said about the NFT marketplace Opensea. Indeed, the secondary marketplace which dominated for so long is now watching its prominence disappear. Conversely, Opensea’s rivals Blur seem to be doing everything right. During the first quarter, Opensea recorded a 31% market share in terms of NFT trading volume. However, during the month of March, Opensea’s trading volume decreased by 35% to $381 million, which gave them just 22% of the market…

Renowned pizza brand, Papa Johns, has joined the Metaverse through OneRare’s foodverse. The company is set to launch digital collectibles of its top three most popular pizzas. These NFTs will be available for minting by foodies around the globe.Papa Johns has tapped into OneRare, a Metaverse platform, to bring forth these NFTs. OneRare caters to the global food and beverage industry, allowing visitors to play food NFT games, enjoy virtual restaurant experiences, and swap NFTs for real meals.Now visitors of the platform can count on finding Papa Johns NFTs among the many collectibles on offer. These collectibles will be based…

NFT Beyond all the good a permissionless internet promises, it also makes it convenient for anyone to freely mint pirated nonfungible tokens (NFTs). There are in fact over 90 million fake copies of NFTs. Because in a permissionless system, what’s to stop bad actors from creating copymints to scam unsuspecting users or damage a brand’s reputation? Only the top 20 most copied NFT projects account for 8 million fakecopies across NFT marketplaces. Source: Optic.xyz Since NFTs are valuable only because of their uniqueness, such copycat NFTs are fundamentally worthless for consumers. They imply a massive reputational cost besides financial loss…

NFT Doodles 2, the larger-scale successor to the popular Ethereum NFT collection, takes its next step towards a broader launch today with the long-awaited opening of the Genesis Box: a tokenized bundle of digital wearable items first auctioned last June. Inside each Genesis Box are two pieces of digital apparel—which could include headwear, clothes, shoes, and accessories—along with a beta pass for the upcoming Doodles 2 platform. That will let holders customize full-body avatars featuring the same kind of pastel, cartoonish pop that made the original Doodles such eye-catching profile pictures (PFPs). Doodles 2 was announced alongside major ambitions in…

CCP, the company behind Eve Online, the most successful, space-based MMO in the history of gaming, announced their intentions to expand to the blockchain with a new offering set in the Eve universe. CCP Games announced that they secured $40 million in funding to develop a new game title that uses blockchain technology and is set in the Eve universe. Production on the new title, dubbed Project Awakening, is separate from Eve Online. And even though Project Awakening will be set in the Eve universe, there is no guarantee that it will have any direct connection. Or even necessarily be…

NFT According to statistics, the number of non-fungible token (NFT) sales in March was 31.42% lower than the previous month, dropping from $1.03 billion in sales for February to $882.89 million. The number of NFT buyers and transactions also declined, by 22% to 29%, over the last 30 days. March NFT Sales Slow, Ethereum Sales Dominate by Over 60% In March, sales of non-fungible tokens (NFTs) dropped by 31% compared to the previous month, as the number of buyers and transactions declined. Data shows that in February, NFT sales reached $1.03 billion, but statistics for the last day of March…

Blockchain Private ventures often develop and promote blockchain technology, but sometimes they work with government agencies toward a common goal. Recently, crypto network Hedera (HBAR) collaborated with the US State Department in an effort to foster transparency. The trust deficit between citizens and governments is growing in many democracies worldwide. One reason is a growing awareness of corruption and disinformation, which erodes confidence in government institutions and democratic processes. Consider the ongoing street protests in France over certain areas of public policy. Adopting a multidisciplinary approach that leverages the strengths of various fields, including technology, is one way to address…

Blockchain Cardano users will soon be able to use Ethereum Virtual Machine contracts with any ADA wallet, thanks to an upcoming feature on Milkomeda. This will expand the network’s usability for developers and users, allowing them to build Dapps and DeFi applications on Cardano’s network without the need for new toolkits or languages using Solidity on the network. Milkomeda will also enable staking rewards, paid every five days, with rewards for all EVM users, including smart contract developers. This step will increase the utility of Cardano tokens for holders and make it easy for developers to create applications that can…