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NFT The NFT space sometimes feels overloaded with copycat projects, and there can be prolonged periods when an overriding theme or aesthetic takes hold. At these moments, multiple new launches will be configured similarly, and originality takes a back seat. At the same time, though, crypto and NFTs move quickly, and so, despite the constant presence of mimicry and trend-chasing, innovations can unfold seemingly overnight, and the urge to experiment is ever-present. This is all in the nature of an ecosystem where regulation and traditional corporate boundaries have been, up to now at least, more or less non-existent. With all…
NFT Some possible NFT applications on the L2 network are event tickets and virtual real estate. The Shiba Inu team has confirmed that Shibarium, the upcoming layer-2 blockchain solution for the Shiba Inu project, will introduce an option allowing creators to mint chain-specific non-fungible tokens (NFTs). The feature is one of the numerous exciting developments the team teased in a recent blog release. Pawzaar highlighted the forthcoming feature, a newly-launched NFT marketplace built for the Shiba Inu ecosystem. “Shibarium will be home to countless NFT collections, and you can trade them using Pawzaar,” the project disclosed in a tweet Monday,…
NFT Hoskinson has a broader vision for NFTs. Cardano founder Charles Hoskinson has asserted that NFTs are more than just art. The crypto entrepreneur made this known at the Crypto Summit 2023 in Switzerland yesterday, per a tweet from Powerledger’s Dr Jemma Green. It is an annual conference that has been held since 2017 and is one of the longest-running in Europe. Speaking virtually at the event, the Input Output Global chief asserted that NFTs are more than just digital art. According to the Cardano founder, NFTs can be anything from objects, events, organizations, and transactions. “NFTs are not just…
Bank of Thailand has disclosed plans to allow virtual banks to operate in the country for the first time. Financial firms will be able to provide services by 2025, a Bloomberg report shows. The “Consultation Paper on Virtual Bank Licensing Framework” published by the central bank says that applications will be available later in 2023 allowing virtual banks to act as financial services providers. The move focuses on increasing competition and boosting Thailand’s economic growth. The Bank of Thailand will issue three different licenses for interested companies by 2024. There are at least 10 parties interested in granting permissions, the report…
NFT Fellow Binancians, To support users from Binance NFT’s Ape NFT Staking Program and facilitate their participation in Yuga Labs’ upcoming Sewer Pass NFT free minting event, Binance NFT Marketplace will help users to mint and claim a Tier 3 Sewer Pass NFT for every BAYC NFT staked, as well as a Tier 1 Sewer Pass NFT for every MAYC NFT staked. Binance NFT will take a snapshot of all BAYC and MAYC NFTs currently being staked in the Ape NFT Staking Program at 2023-01-18 00:00 (UTC). The Sewer Pass NFTs will be distributed to each eligible user’s Binance account…
Blockchain Unmarshal has published a blog post to announce that it has added support for Moonbeam Network as a part of regularly adding support for multiple chains. The integration of the endpoints of Unmarshal with Moonbeam Network will allow users to query blockchain data while architecting an application on the network. This marks yet another achievement of a milestone in the roadmap of Unmarshal. The development comes in response to the rising demand from the users of deploying on multiple chains. Adding support for Moonbeam Network gives it access to Unmarshal’s Webhooks, APIs, and Websockets. The objective of making these…
While 2021 will primarily be remembered for the explosive price appreciation seen across crypto assets and NFTs, blockchain gaming also saw a rapid expansion in user adoption and blossomed into taking up more than 50% of all activity across the blockchain industry.Most of these Web3 games employ a play-to-earn (P2E) economic design where players are rewarded for their time, efforts, and in-game accomplishments. Combining the core gameplay with economic mechanics, most P2E Web3 games rely on rewarding gamers with in-game items in the form of NFTs or with the platform’s native tokens.This model, however, has proven to be highly unsustainable in…
Blockchain The phrase “to the moon” is prevalent in cryptocurrency circles. Cryptosat and DoraHacks take that principle to the heart following their experiment at the International Space Station (ISS). Both parties ran a cryptographic trusted setup for zero-knowledge proofs in space. Trusted ZK-proof Computations at ISS It is the first time a team successfully conducts a ZK-proof system in space. Cryptosat, a renowned crypto-satellite developer, and DoraHacks, the global hackathon organizer, joined forces to make this happen. More importantly, the experiment was conducted aboard ISS, giving this even more allure. The trusted ZK-proof setup highlights the potential of using satellite-based…
Since the beginning of our lives, we’ve been looking for the meaning of life. Then, one morning, we found ourselves looking for a new life. Even though the metaverse is changing every industry with its endless possibilities, this wave of change can be scary at times because it still doesn’t have a clear definition.But the fact that this technology is a moving target and can be changed in any way makes it more useful. So, now that we know this new term is here to stay, we are looking for ways to join in on the changes instead of being…
NFT SuperCup of Spain NFT Collection on OpenSea sold out all 473 NFTs in less than an hour after launch. 3D Factory released the NFT collection on January 15 at 11 AM (GST) in collaboration with TNC Art and in conjunction with the Royal Spanish Football Federation (RFEF). Afterward, 3D Factory and TNC Art will release another NFT collection in February 2023. The SuperCup of Spain NFT Collection was launched to commemorate the Spanish Super Cup, a football tournament hosted by the RFEF. The tournament featured the winners and runners-up of the 2021-2022 La Liga and Copa del Rey. FC…
