Metaverse | DeFi | Nfts | Trading

🖼 Moonbirds Soar as Yuga Labs Looks to Restore NFT Holders’ IP Rights Once-popular NFT collection Moonbirds is attempting to revive its protracted decline by adopting a new art direction, ending its Creative Commons (CC0) copyright licensing, and leaning into Yuga Labs’ metaverse dubbed Otherside. The news sent Moonbirds soaring. The collection's floor price spiked from 0.57 ETH ($1,800) to 0.74 ETH ($2,350) amid a flurry of activity following the announcement, with 317 sales in the past 24 hours. Source 🔹 @Metaverse_Defi_Nfts_Trading 🔹

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🔫 Yuga Labs will build its Otherside metaverse on Improbable’s Msquared Yuga Labs and Improbable have teamed up to build a metaverse dubbed Otherside, the companies announced during a Town Hall meeting for Otherside. The companies announced that Yuga Labs will migrate its Otherside metaverse onto Msquared, which is Improbable’s network of interconnected metaverses — something that was announced today during an online town hall, which drew around 1,200 to 1,300 people to the same digital space. Source 🔹 @Metaverse_Defi_Nfts_Trading 🔹

🖼 Crypto Trading Volume and NFT Sales Drop Over 30% in April In April, the crypto and the non-fungible token (NFT) market witnessed significant declines, signaling a cooling period for digital asset transactions. As trading activities dwindled, key players and Crypto platforms faced marked declines in transaction metrics. This shift indicates a recalibration of crypto market dynamics, reflecting investor caution and a reevaluation of asset values. Binance, the largest player in the field, accounted for 43.7% of this volume, translating to approximately $699.25 billion. Source 🔹 @Metaverse_Defi_Nfts_Trading 🔹

🖼 TGL-Tattoo Transforms Tattoo Art with NFT Technology Tattoo art has long been celebrated for its intricate designs and personal significance. Now, TGL-Tattoo, a Thailand-based project, seeks to push the boundaries of traditional tattoo by combining it with NFT technology to create a unique form of digital collectible art. TGL-Tattoo allows customers to turn their existing NFTs into custom tattoo designs, offering the chance to own a piece of NFT history without the pain of getting a tattoo themselves. Source 🔹 @Metaverse_Defi_Nfts_Trading 🔹

🖼 ‘Blur on Blast’ Allocates 2M Token Rewards for NFT Traders The NFT marketplace Blur—renowned for its innovative approach to cross-chain NFT transactions—has unveiled its latest breakthrough: ‘Blur on Blast’. Through this new initiative, users can leverage the platform to trade Blast NFTs while seamlessly switching between chains, enhancing accessibility and liquidity for NFT enthusiasts. When users deposit into their Blur Pool on Blast, they will earn Blast Points, with the native yield from the pool allocated for future creator and trader giveaways. Source 🔹 @Metaverse_Defi_Nfts_Trading 🔹

🖼 AnimeCoin Launches ‘Gacha Grab’ Game With Ethereum NFT Collection Azuki AnimeChain project in March, the AnimeCoin Foundation—the group behind the eponymous token—launched a web-based game called Gacha Grab on Monday. Like a virtual slot machine inspired by Japanese gachapon toy vending machines, “Gacha Grab” tasks players with spinning the dial to earn points and prizes, including one of eight digital Gachapons each with a different reward level. Each spin in Gacha Grab costs 100 credits and grants one Gachapon collectible. Source 🔹 @Metaverse_Defi_Nfts_Trading 🔹

🖼 Moonbirds NFT Sales Jump 227%, Defy Copyright Criticisms Under Yuga Labs’ leadership, the recently unveiled ‘Moonbirds Universe‘ has boosted NFT sales by over 227%. Yet, it has also stirred controversy by moving the project’s artworks away from the Creative Commons Zero (CC0) copyright policy. In 2022, Moonbirds—owned by PROOF Collective at the time—surprised holders by adopting the CC0 code, placing its digital artworks in the public domain, thus allowing them to be freely commercialized without the owner’s consent. Source 🔹 @Metaverse_Defi_Nfts_Trading 🔹

🖼 Holograph Expands 'Omnichain' Gaming NFT Push With New Funding Holograph, an omnichain tokenization protocol that mints NFT assets that can be utilized across multiple chains, announced Monday that it has raised a new strategic round of funding as it expands into the growing blockchain gaming space. The latest round of funding amounts to $3 million, and was led by Mechanism Capital and Selini Capital. The strategic round pushes Holograph’s total funding to date to $11 million. Source 🔹 @Metaverse_Defi_Nfts_Trading 🔹

🖼 GQ Magazine to Launch Its First NFT Collection Linked to Real-World Rewards Men's fashion magazine GQ will release its first non-fungible token (NFT) collection that grants holders access to a magazine subscription, merchandise and live events. Titled "GQ3 Issue 001: Change Is Good," the collection is made up of 1,661 NFTs linked to one-of-a-kind art pieces created by artists Chuck Anderson, REO, Kelsey Niziolek and Serwah Attafuah. Each token allows holders to claim additional rewards such as a GQ magazine subscription, a curated GQ box of products, exclusive merchandise and a ticket to the inaugural GQ3 party in April. Source 🔹 @Metaverse_Defi_Nfts_Trading 🔹