NFTs & DeFi 🗓

Since the beginning of the war, more than 2000 civilians have been killed by Russian missiles, according to official data. Help us protect Ukrainians from missiles - provide max military assisstance to Ukraine #Ukraine. #StandWithUkraine

Draft Law About NFTs Submitted to Russian Parliament Lawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own non-fungible tokens need to be protected as Russians are currently dealing with NFTs at their own risk. NFTs | DeFi | News

Spotify and Roblox Created an Inventive Metaverse Partnership Over the past year, there have been several interesting collaborations in the metaverse. In this video clip from "The Virtual Opportunities Show" on Motley Fool Live, recorded on May 3, Fool.com contributors Jose Najarro, Travis Hoium, and Demitri Kalogeropoulos discuss a recent one between Spotify (SPOT 1.42%) and Roblox (RBLX -8.01%) that could be quite beneficial for both companies. NFTs | DeFi | News

Dubai Creates Committee to Help Cement Its Position as 'Key City in the Metaverse' The Dubai rulers, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum the crown prince and the deputy prime minister, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, reportedly “reviewed vital technology trends in the metaverse and issued directives to form a task force to track the latest developments in the digital economy.” NFTs | DeFi | News

A16z Launches $600 Million Web3 Gaming Focused Fund A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming and consumers, and infrastructure. This move complements the investments that the VC has made in other gaming and metaverse-involved startups. Source https://t.me/DApps_Web3

OpenSea launches 'Seaport' marketplace protocol allowing NFT bartering “OpenSea does not control or operate the Seaport protocol — we will be just one, among many, building on top of this shared protocol,” said the platform.Nonfungible token marketplace OpenSea has announced the launch of a Web3 marketplace protocol for “safely and efficiently buying and selling NFTs.” NFTs | DeFi | News

GameStop (GME) NFT Marketplace Beta website discovered The NFT market, like other blockchain-related frauds like digital currency, has had a particularly terrible month as their alleged “value” fades, and whatever genuine financial worth they may have had plummets through the floor. To which GameStop responds with the abbreviation Haha. NFTs | DeFi | News

Dubai Couple Ties the Knot in the Metaverse A Dubai based couple has decided to be wed in the metaverse after legal problems stemming from their nationalities initially forced them to tie the knot in Georgia in 2019. After the wedding, the couple said they will use their own experience to help others get married in the metaverse as well. NFTs | DeFi | News

GameStop Jumps Into NFTs Just As The Market Collapses “The NFT market is collapsing.” Citing not only that 92 percent fall in sales, but also the extraordinary drop of “active wallets” by 88 percent since November.This is partly due, it seems, to the rising interest rates that are strangling the poorest, but in turn is causing the richest to be far less risky in their speculation. And you can’t get much more speculative than betting on mass delusion of jpeg ownership.And yet! The company chose today of all days to officially unveil its GameStop NFT marketplace with this statement, along with an empty website. NFTs | DeFi | News

Fraud Tech Firm Tovera Debuts NFT Verification Tool Tovera, which fights online fraud, has rolled out a new platform to combat NFT fraud, a press release said Thursday (May 19).Called FNFTF.io (Fight NFT Fraud), it will give creators, markets and collectors ways to identify fraudulent content using indexing and matching.So far Tovera Match has indexed 70 million NFTs across the Ethereum and Polygon blockchains, and plans to do more. NFTs | DeFi | News

OpenSea Disables Trading of BAYC NFT Due to Singapore Court Action The increase in trading activity and upward trend in NFT prices also fueled a rise in illicit activity. Governments responded to rising illegal activity, with the UK calling for greater regulatory oversight, not just of cryptos, but also NFTs. US lawmakers also responded, by clamping down on illegal activity. NFTs | DeFi | News

Celebrity Cruises launches first-ever NFT collection Celebrity Cruises®, known for next-generation ships at the intersection of architecture and design, is riding the wave of the future of art with its first foray into non-fungible tokens (NFT).Additionally, a variation of these NFTs titled “Peacemakers, Blue Sky” can be found onboard Celebrity Beyond, making it the very first NFT at Sea. NFTs | DeFi | News

A Win for Solana NFTs as Not Okay Bears Delisted by OpenSea Solana NFT derivative collection the ‘Not Okay Bears’ has been removed from OpenSea marketplace, after complaints from Okay Bears collectors.Okay Bears quickly rose to become one of the best Solana NFT projects since the minting of the 10,000 Okay Bear NFTs on April 26th. NFTs | DeFi | News

Jamiroquai to Bring ‘Virtual Insanity’ to The Sandbox Blockchain Metaverse On Wednesday, the acid jazz-funk band Jamiroquai revealed it has partnered with the blockchain-based virtual world platform The Sandbox in order to “get funky in the metaverse.” NFTs | DeFi | News

LaLiga to build official metaverse for fans and partners with TVM LaLiga has named Korean company TVM as its official metaverse partner, with the two working together to create an official digital environment that will engage fans and integrate the Spanish soccer league’s other partners. NFTs | DeFi | News

UAE's first metaverse wedding to take place tomorrow Florian Ughetto and Liz Nunez are creating history by being the first couple in the UAE to get married in metaverse later on May 19. The event which will be attended by close family and friends of the couple will be held in Decentraland.Dressed in a swanky, customized black and brown suit and a beautiful white dress purchased off the largest NFT marketplace Open Sea for approximately $100. NFTs | DeFi | News

Universal Music Group to Release NFTs on LimeWire’s Algorand Marketplace Digital music sharing services are coming back… in Web3 form. Just days after news broke that Napster will return in the form of an NFT marketplace on Algorand, LimeWire—which announced its own Algorand-based marketplace in March—announced today that it has signed major label Universal Music Group to its platform. NFTs | DeFi | News

👺 The trading volume of cryptopunks increased by 400% ($4.220 million) in 24 hours The lower price of the collection rose by 15.61% (54.75 ETH). Total capitalization of 10,000 punks is $1.67 billion. NFTs | DeFi | News

NASA Offers $70,000 For The Best Martian Metaverse Design If you’re a programmer and would love to dip your fingers into creating a Martian metaverse, then NASA wants you.What’s up with the new challenge? NASA is currently on the lookout for ambitious and innovative programmers who can come up with the best design of the epic Martian Metaverse for a hefty prize of $70,000. NFTs | DeFi | News

Fireblocks pushes into NFT custody and web3 developer tools The new portal will unlock secure access to the world of decentralized applications, exchanges and NFT marketplaces for alternative asset managers and capital markets participants, the company said in a release on Tuesday. Fireblocks currently serves more than 1,200 financial institutions. NFTs | DeFi | News

Wirex Wallet Launches NFT Functionality and New Payment Methods The Wirex Wallet, hailed as the world's first mass-market non-custodial wallet, has expanded its next generation features and functionality. Users globally can now add NFTs to their wallet, purchase crypto directly on multiple blockchains, and pay via Apple and Google Pay. NFTs | DeFi | News

Solana NFTs Come 'Full Circle' as Okay Bears Knockoff Lands on Ethereum Early in the growth of Solana’s NFT ecosystem, it was common to find obvious knockoffs of top Ethereum projects like CryptoPunks and Pudgy Penguins. Now, Okay Bears—the hottest recent Solana NFT project—has been effectively copied and pasted onto Ethereum in what some observers on Crypto Twitter have hailed as a “full circle” moment for Solana. NFTs | OpenSea | News

Hyundai and Meta Kongz Partner to Launch Community NFTs You may have heard of BAYC if you’ve ever looked into NFTs or bought them as an investment. BAYC’s value is rising even faster as their metaverse land auction approaches. But did you know that Korea, the land of K-POP and K-Dramas like BTS and Squid Game, is working on an NFT project that promises to take over the NFT industry like BAYC NFTs | DeFi | News

Square Enix plans to issue tokens and invest heavily in Web3 gaming The major game developer is reshaping its business strategy to include a more robust NFT ecosystem by investing in blockchain gaming infrastructure.Gaming giant Square Enix has revealed in its Q1 earnings report that it will expand nonfungible tokens (NFTs) into more game products as part of its medium-term business strategy in 2022. NFTs | DeFi | News

Australian Tax Authority Issues Stark Warning for NFT Investors In a release setting out its priority areas, the Australian Taxation Office (ATO) reminded consumers that selling a token can attract capital gains tax, just as it would for the sale of property, shares, or another asset. NFTs | DeFi | News

Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64% As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collections like Bored Ape Yacht Club (BAYC), Cryptopunks, and more have seen their floor values drop between 2-25% in the last 24 hours. NFTs | DeFi | News

Seaside Resort in Slovenia Promotes Itself With NFTs The tourism organization in Portorož, a summer resort on the Adriatic coast of Slovenia, has decided to promote the destination using non-fungible tokens (NFTs). The project represents the digital component of this year’s campaign to attract visitors to the region. NFTs | DeFi | News

Top Video Game Artists Adopt NFTs to Help Ukraine, Collection to Release on Official MetaHistory Museum Since the outbroke of the Russian-Ukrainian war, many celebrities, social activities, and visual artists joined the league of supporting Ukraine by cryptocurrency and NFT artworks. And the trend just doesn’t stop. NFTs | DeFi | News

Budweiser Releases Dwyane Wade NFT to Promote Budweiser Zero, Its Non-Alc Beer Anheuser-Busch announced their newest promotional experiment by launching a series of Dwyane Wade NFTs to promote Budweiser Zero, the beverage company’s non-alcoholic beer. The limited-edition release features the former basketball star’s image on virtual tokens. NFTs | DeFi | News

Azuki NFT Floor Price Is Back Up To 15 ETH Despite Rug Pull Allegations The Azuki NFT floor price continues to rise this afternoon, seemingly shaking off the rug pull accusations. At the beginning of the week, the Azuki NFT floor price was 23 ETH. NFTs | DeFi | News

Google searches for ‘NFT’ experienced a significant spike in January but have since fallen back down, with no signs of a new uptrend yet NFTs | DeFi | News