NFT & Crypto Updates

🖼 Audi Announces NFT Release on xNFT Protocol Audi has announced that it will release limited-edition non-fungible tokens (NFTs) through cooperation with xNFT. Chinese media outlets reported the news. German automobile manufacturer Audi has joined the NFT market and is set to release an NFT collection on Aug 10 with the aid of xNFT. The latter announced on Aug 8 that it would mint Audi NFTs on the xNFT protocol. Audi teased a 15-second video with text in Mandarin as a part of the release. Source NFTs | OpenSea | News

📣 Unstoppable and Pudgy Penguins Join Forces to Launch First NFT Community-Focused Web3 Domains Leading web3 domain names and digital identity provider Unstoppable Domains (UD) today announced a new groundbreaking partnership with widely popular Web3 brand Pudgy Penguins, with the addition of ".pudgy," the 10th top-level domain (TLD) in UD's partner portfolio. Pudgy fans and community members can now proudly voice support and display their digital collectibles and .pudgy address on X, as well as earn special Pudgy badges to facilitate unique messaging and interactions within their group. Source NFTs | OpenSea | News

💰 Solana NFTs hit $5B in all-time sales volume Solana-based nonfungible tokens (NFTs) recorded an all-time sales volume of over $5 billion after an uptick in NFT trading activity on the blockchain in the last four months. On Feb. 23, data aggregator CryptoSlam showed that the all-time sales volume for NFTs based on the Solana network is already at $5,013,847,972. The data also shows that the blockchain has over 2.2 million buyers and 1.6 million sellers. Source NFTs | OpenSea | News

💰 NFT Platform Launches Nintendo Emulator on Bitcoin The introduction of this N64 emulator marks a significant stride in leveraging blockchain technology for gaming enthusiasts. Emulators, a crucial component, enable gamers to experience video game consoles on alternative devices without the need to possess or operate the original console. Pizza Ninjas emphasizes the pivotal role played by Google’s Brotli Compression method in enabling the encoding of progressively larger items. Source NFTs | OpenSea | News

🔫 Forbes Sets New Standard for Metaverse Experiences Forbes has made its entry into the metaverse by launching a virtual space within The Sandbox Game, a platform allowing users to experience virtual worlds and games. This space is not accessed via a headset but through a computer, resembling games like Minecraft or Second Life. Forbes’ virtual world features a luxurious clubhouse, complete with an outdoor dancefloor and a yacht modelled after Malcolm Forbes’ Highlander party boat. Source NFTs | OpenSea | News

💰 Solana NFT sales volume drop, NuggetRush crosses $2.3m in presale In the latest news from the world of non-fungible tokens (NFTs), the Solana network recently experienced a shutdown. Still, it is now back up and running. The team behind Solana is currently investigating the cause of the problem. This downtime negatively impacted the value of Solana’s own currency, SOL, and the trading volume of trending NFTs on Solana. Source NFTs | OpenSea | News

💰 Shiba Inu Exploits DN-404 Standard for Latest NFT Endeavour Shiba Inu has launched its latest NFT endeavor, SHEboshis, presenting an exciting opportunity for both Shib fans and the broader blockchain community. Harnessing the power of the DN-404 standard, SHEboshis masterfully combine the strengths of ERC-20 and ERC-721, weaving together the worlds of fungible and non-fungible tokens. Such a pioneering approach opens up unprecedented avenues for possession and trading, enriching the landscape with enhanced liquidity and potential for fractional ownership. Source NFTs | OpenSea | News

🖼 Sports Illustrated moves NFT ticketing platform to Avalanche The ticketing arm of the United States-based sports magazine Sports Illustrated announced it is moving its nonfungible token (NFT) ticketing platform called “Box Office” from the Polygon blockchain to Avalanche almost 10 months after its launch. On Feb. 20, SI Tickets announced a collaboration with Ava Labs, the developers of the Avalanche network. The partnership will allow the NFT ticketing platform to mint their NFT tickets using the Avalanche blockchain. Source NFTs | OpenSea | News

🖼 A trader just made $13m selling an early Ethereum NFT collection A high-value NFT trader has just realised a $13 million profit after selling 10 early Ethereum NFTs they bought three years prior. The pseudonymous trader, who goes by the name OldSchoolCollection on NFT marketplace OpenSea, bought 10 NFTs from the Autoglyphs collection for a combined $1.4 million in February 2021. Today, OldSchoolCollection sold the same 10 Autoglyphs for 5,000 Ether — worth around $14.5 million — to a private collector via NFT brokerage platform Fountain. Source NFTs | OpenSea | News

🖼 Arcade Unveils 3M ARCD Token Airdrop for NFT Collectors Arcade recently announced its “Clash of Claims” airdrop plan on Medium, to disperse ARCD tokens to 4,000 wallets. Each of these wallets will have the opportunity to claim 750 ARCD tokens. The snapshot for this initiative will be taken on February 19 at 8:00 pm UTC. Distribution of tokens will occur in two stages: whitelist and public claim. In the whitelist stage, Arcade intends to randomly pick 2,000 wallets during the snapshot. Source NFTs | OpenSea | News

🔫 L’Occitane celebrates Ramadan with metaverse shop L’Occitane en Provence, which opened a holiday virtual store based on the Emperia metaverse platform in November 2023 and launched an immersive, interactive metaverse shopping experience based on Emperia in July 2023, is now partnering with Emperia to open a metaverse store in honor of the Islamic holiday of Ramadan. Source NFTs | OpenSea | News

🔫 Roblox builds real-time AI translation tool for metaverse platform Gaming platform Roblox is developing a multilingual translation model to support real chat conversations on the metaverse platform using artificial intelligence (AI). The company shared in a blog post that it achieved the feature by deploying a large language model (LLM) with advanced functionalities to support 16 languages on Roblox. The AI-based translation feature allows Roblox’s 70 million daily users to communicate with each other in real time without lag. Source NFTs | OpenSea | News

💰 SHIBA INU TEAM ALERTS COMMUNITY ON UPCOMING NFT LAUNCH The Shiba Inu ecosystem team recently issued an important alert to its community members as anticipation builds for introducing a new project. In a statement made by Lucie, the marketing specialist for Shiba Inu, it was clarified that the much-anticipated project known as “The SHEboshis,” a collection of ERC-404 tokens and NFTs, has not yet been launched. Source NFTs | OpenSea | News

🖼 Pudgy Penguins Outpace Bored Ape Yacht Club in NFT Market Shakeup The recent data from Parsec Finance revealed that the floor price of Pudgy Penguins soared to 22.2 ETH, surpassing BAYC’s floor price, which dipped to 22.1 ETH. Although the lead was brief, this shift is significant in the NFT community, marking a shift in collector interest and market trends. NFT space, celebrated this milestone on social media, attributing Pudgy Penguins’ success to strategic leadership and active community engagement. Source NFTs | OpenSea | News

🖼 Animoca Brands’ Yat Siu sees NFTs as a way to protect ownership in the age of AI NFTs don’t always get taken very seriously, particularly now that AI and content creators are hogging the spotlight, but not everyone is so quick to discount crypto’s oft-derided younger sibling. According to Animoca Brands’ chairman and co-founder, Yat Siu, the growing influence of artificial intelligence and content is exactly why there is a growing need for NFTs in the world. Source NFTs | OpenSea | News

🖼 NFT-themed Cuban restaurant opens Miami's newest Cuban restaurant has an unlikely mascot: a cartoon-ape NFT from Hialeah. Bored Cuban opened yesterday on South Le Jeune Road, offering fast-casual snacks like flatbreads and "Cuban-style" Pop-Tarts. The name is inspired by the Bored Apes Yacht Club collection of non-fungible tokens, or NFTs, digital works of art featuring drawings of apes. Source NFTs | OpenSea | News

🔫 National Basketball Players Association unveils metaverse experience with MeetKai MeetKai and National Basketball Players Association (NBPA) are launching their metaverse experience ahead of the NBA All-Star Weekend. Los Angeles-based MeetKai joined forces with Think450, an innovation partner for the NBPA, to build the metaverse experience for fans engage with their favorite NBA teams and players. Starting today, guests can enter the virtual space created with MeetKai’s metaverse platform on their mobile and desktop devices. Source NFTs | OpenSea | News

🖼 Empire State Building Unveils NFT-Powered Ambassador Program The globally renowned Empire State Building has introduced a groundbreaking NFT-powered Ambassador Program in collaboration with web3 loyalty platform Uptop and web3 wallet provider Magic. The program is centered around the Empire State Building Observatory Experience, owned and operated by the Empire State Realty Trust. It aims to seamlessly offer members complimentary experiences and digital collectibles in a visitor-friendly manner without the need for prior web3 expertise. Source NFTs | OpenSea | News

#Bitcoin analysis in the daily time frame: The price has crossed the important level of $47000 - $52000 and the next main target is expected to be the price of $70000 . Of course, before reaching this price, it is possible that the price will decrease to the specified level and then perform a good pump. @Altcoin_Charts

🔫 Magic Eden wallet introduces NFT minting feature, with a free Claynosaurz drop NFTs has typically required engaging with several tools and platforms. However, a fresh announcement reveals that users now have the streamlined ability to mint NFTs directly within the Magic Eden wallet. This simplification comes as a boon for NFT creators and collectors alike, and to mark this milestone, Magic Eden, in collaboration with Claynosaurz, is offering a free Open Edition NFT drop, exclusive to Magic Eden Wallet users. Source NFTs | OpenSea | News

🔫 Metaverse studio announces new launch into Asia's largest Metaverse Platform ZEPETO Karta, an award-winning Metaverse studio ‘pioneering’ the world of in-game experiential marketing, has launched its own studio dedicated to creating bespoke in-game experiences in ZEPETO, Asia’s largest Metaverse platform. Karta aims to bring its signature of “visually stunning” experiences and results-driven approach to the fashion-focused avatar platform, with the first project for a global major brand already in production. Source NFTs | OpenSea | News

🖼 DN404, a new hybrid NFT standard challenges ERC-404 A new non-fungible token standard, DN404, or “Divisible NFT 404,” has been introduced, challenging the ERC-404 standard with its innovative approach. This hybrid standard is poised to enable more flexible and efficient transactions within the NFT space, allowing users to own and trade parts of an NFT, according to the developer behind DN404. Source NFTs | OpenSea | News

🖼 SharkyFi Leads NFT-Fi Market with 88% Share SharkyFi’s dominance in the market is a testament to its robust platform, innovative features, and the trust it has garnered from users. Its platform lets NFT owners access funds without losing asset ownership, attracting many users. Behind SharkyFi, Citrus occupies the second position with a 9.5% market share. Although significantly smaller in comparison, Citrus has made notable strides in carving out its niche within the NFT-Fi space. Source NFTs | OpenSea | News

🖼 Pudgy Penguins NFTs Top $50K—Will They Flip Bored Apes? Ascendant Ethereum NFT project Pudgy Penguins now boasts a floor price within striking distance of once-dominant collection Bored Ape Yacht Club. At one point on Sunday afternoon, the lowest price one could pay for a Pudgy Penguins NFT rose to 21.5 ETH, or just over $54,850 at writing, according to data from NFT Price Floor. At that same moment, Bored Ape NFTs sold for a minimum price of 22.8 ETH—a sum worth just north of $58,000 at current prices. Source NFTs | OpenSea | News

🪙 Ethereum NFTs rally with EtherRock and BAYC leading sales Ethereum-native nonfungible tokens (NFTs) are starting to make a comeback, following growing NFT sales figures this week. Wrapped Ether Rock #46 sold for $496,658 on Monday, four days after Bored Ape Yacht Club (BAYC) #1726 was sold for $668,297, according to NFT data aggregator CryptoSlam. These represent the second and third-largest sales of the month, following the $1.53 million sales of CryptoPunk #5363 on Jan. 31. Source NFTs | OpenSea | News

🖼 Tom Brady NFT Fetches $40K as Super Bowl Legends Hype Digital Collectibles The NFL All Day digital collectibles brand, developed by Dapper Labs, entered Super Bowl weekend with a surge of momentum. The sports-themed, digital-collectible brand issued promotional packs of NFTs during the NFL playoffs in January, resulting in several high-profile sales. Notably, a non-fungible token featuring Tom Brady fetched over $40,000, while a similar NFT featuring quarterback Aaron Rodgers sold for $34,000, according to Dapper Labs. Source NFTs | OpenSea | News

🔫 Metaverse in Finance Market is Booming Worldwide According to HTF Market Intelligence, the Global Metaverse in Finance market to witness a CAGR of 9.2% during the forecast period (2024-2030). The Latest Released Metaverse in Finance Market Research assesses the future growth potential of the Metaverse in Finance market and provides information and useful statistics on market structure and size. Source NFTs | OpenSea | News

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🔫 5G-enabled AR-animated avatar calls for the metaverse Rohde & Schwarz and Slalom are collaborating to realize 5G-enabled AR-animated avatar calls for metaverse and extended reality (XR) applications, considered critical to unlocking the full consumer potential of the 5G technology. The duo are developing essential tools to test XR use cases thoroughly prior to market launch and will demonstrate how to enable tomorrow’s augmented reality at MWC 2024. Source NFTs | OpenSea | News

🔫 India’s Kochi City Partners with START LAND Inc. for Metaverse Expansion Kochi City in Kochi Prefecture has embarked on a groundbreaking initiative to harness the potential of the Metaverse, with a strategic focus on developing markets in product sales and tourism. The city recently formalized a comprehensive collaboration agreement with START LAND Inc., a prominent operator of virtual spaces, to leverage digital technology for regional revitalization. Source NFTs | OpenSea | News

🔫 Apple is poised to bring metaverse mainstream and dominate the market Apple’s biggest new hardware launch in decades happened on Feb. 2 when the Vision Pro spatial computer hit the United States market. Based on the reported preorder sales and the company’s history of hardware hits, there are plenty of reasons for metaverse enthusiasts to be optimistic for the future. The Apple Vision Pro is a spatial computing device that takes the form of an augmented reality headset. Source NFTs | OpenSea | News

🖼 Doodles and G-Shock Collabs for a NFT-Inspired Watch Collection Doodles, the digital asset firm renowned for its vibrant and sought-after NFT collection, has joined forces with G-Shock, the luxury watch brand known for its durable and innovative designs. This partnership aims to launch an NFT-inspired watch collection that is not only a nod to the digital future but also a testament to the enduring appeal of high-quality craftsmanship. Source NFTs | OpenSea | News

🖼 Sotheby’s to Auction Ether Rock NFT in Sealed Bid Event Sotheby’s has announced that it is presenting Ether Rock, an early NFT collectible as a Sealed Auction, which will take place from February 14 to February 21. Only the bid that a person has to select the amount to bid and click “Place Bid,” submitted bid will be visible. The top bidder will be the one whose bid exceeds the current high bid. If not, the bidder will be able to see where their current bid stands, but not how much more they must bid to win the lot. Source NFTs | OpenSea | News

🖼 9GAG CEO buys Stephen Chow NFT at 3,155% premium to floor price Ray Chan, the Hong Kongese co-founder and CEO of entertainment platform 9GAG, has purchased a Stephen Chow "Nobody" nonfungible token (NFT) at a price of 19.527 Ether ($47,300), representing a 3,155% premium over the collection's current floor price of 0.6 Ether ($1,450). The Nobody 889 "Monkey King" themed NFT has a special Sun trait present in less than 0.01% of the collectible series. Source NFTs | OpenSea | News

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🖼 Stephen Chow’s “Nobody” NFTs Reach 10,000 ETH in Trading Volume Hong Kong movie director Stephen Chow launched an NFT collection titled “Nobody” on February 1 which has already reached nearly 10,000 ETH in trading volume on Opensea. At the time of writing, the collection has experienced trading activity of over 9,878 ETH (~ $22.8 million) with a daily volume of 2,699 Ether. In an X post published on February 7, Chow asked his followers for suggestions regarding potential Nobody community events. He also changed his profile picture on X and Instagram to a Nobody Avatar. Source NFTs | OpenSea | News

🔫 Elastos joins forces with The Metaverse Bank According to the official press release, the service is set to cover a range of applications, from eKYC banking verification to educational qualifications. Including professional references, age, resident or fiscal status, or any other credential that may be required. The decentralised verification process offers individuals complete autonomy over shared information, eliminating intermediaries. This ensures full control and privacy, with no data exchange or retention by third parties. Source NFTs | OpenSea | News

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🔫 Roblox Builds In-House LLM to Bring Real-Time Chat Translation to Metaverse Roblox, an online gaming platform, has developed an AI-enabled real-time translation system that allows gamers to communicate via text with one another despite speaking different languages. The “unified translation model” is able to translate text messages at a base latency of 100 milliseconds, making for a seemingly seamless, instantaneous messaging process. Source NFTs | OpenSea | News

🪙 Polkadot Sets New Record For NFT Minting Speed Web3 protocol Polkadot has set a new blockchain speed record, minting 4,930 NFTs per minute, beating previous records set by Solana and Polygon. The record was achieved during an NFT drop for interactive storytelling game Forever Has Fallen, utilising Polkadot’s Unique Network parachain, which is tailored for composable NFTs. Source NFTs | OpenSea | News