NFT & Crypto Updates

🔫 Metaverse In E-commerce Market Is Gaining Huge Growth In Upcoming Years The METAVERSE IN E-COMMERCE Market 2024 Report makes available the current and future technical and financial analysis of the industry. It is one of the most comprehensive and important additions to the USD Analytics archive of market research studies. It offers detailed research and analysis of key aspects of the global METAVERSE IN E-COMMERCE market. Source NFTs | OpenSea | News

🖼 UXLINK Announces it's Largest Airdrop yet, Airdrop Voucher NFT Minting Set for May 3rd UXLINK, the leading SocialFi platform, is thrilled to unveil its highly anticipated first season of airdrop events. This initiative is set to captivate over 550,000 community contributors, marking a significant milestone as one of the largest airdrop events in 2024. With a user base exceeding 5.5 million, UXLINK aims to involve about 10% of its active users in the upcoming airdrop. This event will kick off with four NFT series, representing a pioneering step in the Socialfi realm and a notable development for web3. Source NFTs | OpenSea | News

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🖼 Mastercard drops exclusive, personalized Music Pass NFT as it kicks off Season 2 of its Artist Accelerator Today, Mastercard unveils its limited-edition Mastercard Music Pass for music fans around the world, commencing the second season of its tech- and talent-driven Artist Accelerator program with an incredible roster of emerging artists. The personalized Music Pass allows collectors and fans to unlock a cutting-edge AI music studio, behind-the-scenes content, and the chance to access concert tickets to live shows later this year. Source NFTs | OpenSea | News

🖼 Web3 Platform Galaxis Tips NFTs To Create Sustainable Communities One of the major barriers to widespread adoption of NFTs has been a skepticism of their utility and value, with many viewing digital collectibles as nothing more than speculative assets. That’s the assumption that Galaxis, a brand-new no-code solution for NFTs, is looking to challenge. Let’s take a look at how Galaxis is reshaping the digital collectibles landscape, unlocking new ways for creators and artists to engage and interact with their communities. Source NFTs | OpenSea | News

🖼 Next Round of Man City ‘Unseen City Shirts’ NFTs Kickstart Tomorrow Man City launches its second batch of free NFTs through the ‘Unseen City Shirts’ web3 initiative with OKX tomorrow at 9.59 am (BST), transforming the iconic Man City 23/24 shirt into limited-edition digital collectibles. The ‘Blue Moon NFTs’ continue the success of their inagural ‘The Roses and the Bees‘ series, which saw 67,328 assets claimed in under five hours. The Blue Moon name references Man City’s Roblox metaverse, which ran from July 14 to September 26, 2022. Source NFTs | OpenSea | News

🖼 PayPal Withdraws NFT Purchase Protections PayPal has announced revisions to its Seller Protection Program, with notable changes affecting Non-Fungible Token (NFT) transactions starting May 20. Under the updated terms, PayPal will no longer protect NFT transactions, including those exceeding $10,000. This decision marks a shift in the company’s approach to buyer protection within the NFT market, indicating the industry’s growing maturity. Source NFTs | OpenSea | News

🖼 The Shredderz NFTs Amp Up Exclusive Perks for Metalheads The Shredderz, a high-voltage rock and heavy metal band, just cranked up the volume with the public sale of their musical PFP NFTs on OpenSea. ‘Shredz’, the band’s collection of 6,666 hand-drawn characters, embodies their goal of creating a community for metalheads where fans can actively participate in their success. Additionally, each NFT provides access to exclusive revamped tracks and a gamified listening experience like no other. Source NFTs | OpenSea | News

🖼 Futabasha & SBINFT Partner for ‘Umanari 1 Furlong Theater’ NFT Giveaway Japanese publishing company Futabasha and NFT marketplace SBINFT have announced an NFT giveaway for fans of popular horse racing manga “Umanari 1 Furlong Theater”. Taking place from April 27 to May 12, all participants will receive a limited edition NFT, alongside entry into a prize draw. 200 entrants will received signed books by manga author Miho Yoshida, with one lucky individual receiving an exclusive colored paper. Source NFTs | OpenSea | News

🖼 Alien CryptoPunk sells for $12.5m as rare NFT trading heats up One of nine alien CryptoPunks sold on Thursday for 4,000 Ether, around $12.5 million, in a trade facilitated by Fountain, a broker for high-value NFTs. CryptoPunks is a collection of 10,000 unique, pixelated profile pictures created by the development studio Larva Labs. Each image is linked to a non-fungible token, or NFT. NFTs are a type of digital collectible that use cryptography to verify their ownership and authenticity, serving as a digital proof of ownership. Source NFTs | OpenSea | News

🖼 Ethereum NFT Magazine ‘Redlion Gazette’ Closes Its Chapters The Redlion Gazette—the world’s first weekly NFT magazine on Ethereum—ceased its operations at the beginning of the week, signaling the departure of an OG player in the blockchain art and media scene. “Yesterday marked the first Monday since 2020 without a Gazette release. As expected, it went unnoticed, confirming it was the right decision to end it. Still hurts though,” declared the mastermind behind the project, Redlioneye.eth, on X. Source NFTs | OpenSea | News

📣 FC Barcelona exhibits its first two NFTs at Moco Museum with the exhibition 'Masterpiece FC Barcelona is exhibiting its first two NFTs, In a Way, Immortal (starring Johan Cruyff) and Empowerment (dedicated to Alexia Putellas), at the Moco Museum. They form part of the ‘Masterpiece’ collection consisting of ten artworks, which is being presented piece by piece. Source NFTs | OpenSea | News

🖼 Ex-President Trump Mulls NFT Comeback Amidst Legal Costs Former President Donald Trump is facing mounting legal costs as his legal battles continue to escalate. With the commencement of the first of four criminal trials in Manhattan, Trump’s legal bills have soared to a staggering $86 million since the inception of his presidential campaign. Known for his entrepreneurial endeavors, Trump has a history of branding consumer products as a means to generate revenue. Source NFTs | OpenSea | News

🖼 Trust Wallet Partners with GoMining to Introduce the NFT Collection Trust Box Trust Wallet, a well-known web3 gateway and crypto wallet, has announced an exclusive partnership. The company says that it is integrating with GoMining (a prominent NFT platform) to introduce an exclusive NFT collection named Trust Box. On its official X account, the company revealed the latest announcement of the partnership. Source NFTs | OpenSea | News

🖼 'Final Fantasy' Maker Square Enix Teams With Animoca for Ethereum NFT Game Square Enix, the video game giant behind the Final Fantasy and Kingdom Hearts franchises, announced Monday that it has signed a collaboration agreement with prominent metaverse investment firm and crypto game publisher Animoca Brands. The firms will work together to expand the game publisher’s Ethereum NFT game Symbiogenesis to a broader global audience. Specifically, Animoca’s newly established subsidiary, Animoca Brands Japan, will work with Square Enix on combined marketing efforts, including collaborations with some of the 400+ projects in Animoca’s portfolio. Source NFTs | OpenSea | News

💰 Polygon NFT Activity Rebounds in April, Driven by Dew NFT activity on Polygon has gained traction in April. CryptoSlam data shows that the number of unique buyers of Polygon-based NFTs surged on April 18 to the highest level since June 2023. Over 36,000 NFT purchases were recorded on that day. Polygon ranks fourth among blockchain networks by NFT trading volume after Bitcoin, Ethereum, and Solana. As we reported via X, Dune data compiled by Sealaunch shows that Polygon NFT sales maintained above $1 million for seven consecutive days to April 18. Source NFTs | OpenSea | News

🖼 NFT scam in India sees 71-year-old digital artist losing money in bogus platform fees According to a local report, Shivaprasad R (name changed), a practicing chartered accountant (CA), lost INR 1.58 lakhs (approximately $1895) in fees to the scammers who promised to buy out his art. Shivaprasad is a professional artist whose work has been featured in several local exhibitions and posted on Instagram and Facebook. In October 2023, the scammers, claiming to be an “NFT art dealer,” introduced the artist to a platform dubbed nfttradeplace.com. Source NFTs | OpenSea | News

🖼 Damien Hirst Launches Chainlink Price Index for NFT Project Damien Hirst’s first non-fungible token (NFT) collection is getting a dedicated price index courtesy of Chainlink, a crypto network and data provider. When Hirst – the British artist best known for wildly expensive works involving taxidermied sharks and diamond-studded skulls – released “The Currency” last year, the project took most of its cues from other popular NFT collections. Like CryptoPunks or the Bored Ape Yacht Club, “The Currency” consists of 10,000 images with slight variations. Source NFTs | OpenSea | News

🖼 Telegram Plans to Transform Stickers and Emojis as NFTs on TON Telegram, the popular instant-messaging platform, announces its plan to tokenize stickers and emojis, transforming them into NFTs on the TON blockchain. This move follows Telegram’s recent tokenization of usernames and anonymous numbers, which allowed users to claim up to 95% of sales revenue. By extending tokenization to stickers and emojis, Telegram aims to further integrate the app with the TON blockchain, leveraging its scalability and further provide communication solutions to its expansive user base. Source NFTs | OpenSea | News

🖼 Crypto Trading Game Banksters Concludes Airdropped NFT Contest With Its Mainnet Launch The educational NFT-based crypto trading game Banksters has celebrated the upcoming launch of its Mainnet with a new airdrop that rewards its most active and best performing players. The event ran from April 3 to April 17, and ended up with the 1,000 highest-rated Banksters’ players receiving an airdropped NFT showcasing various traits and levels of rarity. The NFTs were valued at a combined 100,000 USDT. ‘ Source NFTs | OpenSea | News

🖼 ASX Capital Introduces Private NFT Treasury Bonds on Core Chain ASX Capital is pleased to announce the launch of the first private NFT treasury bonds sale on the Core blockchain. The proceeds from this sale will be strategically invested in Commercial Real Estate across the United States. In March, ASX Capital introduced its treasury bond to the Decentralized Finance (DeFi) sector. The initiative is designed to bolster ASX liquidity, augment investment funds, and enhance transaction volumes. Source NFTs | OpenSea | News

🖼 SBI Group to Unveil NFTs on XRP Ledger for World Expo 2025 in Japan Japan’s SBI Group has announced plans to issue non-fungible tokens (NFTs) on the XRP Ledger for the upcoming World Expo 2025 in Osaka. SBI Group is a financial service conglomerate based in Japan. Using Ripple’s XRP Ledger, SBI will create and distribute visitor NFTs featuring MYAKU-MYAKU, the official character of the Expo. Attendees can obtain these digital collectibles by participating in Expo activities and utilizing the Expo mobile app. Source NFTs | OpenSea | News

🖼 Maison Margiela Launches Public Mint For MetaTABI NFT Collection The MetaTABI collection offers a unique blend of physical and digital experiences, catering specifically to Maison Margiela’s clientele. Developed in partnership with digital fashion house The Fabricant, the NFT launch plays on the concept of “phygital”—wherein physical products exist alongside a digital twin, typically either in the metaverse or on the blockchain. Source NFTs | OpenSea | News

🖼 Blur remained top NFT marketplace in Q1 as Magic Eden surged last month Blur remained the leading non-fungible token marketplace in the first quarter of this year with $1.5 billion in NFT trading volume. However, Magic Eden gained market share in March, with its trading volume for all NFTs surpassing Blur's. For the entire first quarter, Blur recorded $1.5 billion in trading volume for all NFTs, the highest among all marketplaces, giving it a market share of 27.6% for the period, up from 24.9% in the previous quarter, according to a CoinGecko report. Source NFTs | OpenSea | News

🖼 Magic Eden passed Blur as leading NFT marketplace in March: CoinGecko Magic Eden, a Solana-based nonfungible token (NFT) marketplace, recorded its largest monthly trading volume in March, surpassing industry leader Blur. Its NFT trading volume spiked 194.4% in March to $756.5 million, while Blur marginally increased to $530.4 million, according to CoinGecko’s Q1 2024 report, published on April 17. Source NFTs | OpenSea | News

🔫 Meta Shift Focus From Gaming to an Education Metaverse The announcement marks a significant step towards integrating virtual reality (VR) technology into educational environments. Let’s discover more about this important news for Meta. Meta’s Quest virtual reality (VR) headsets are one of the top XR headsets on the market. The company’s expansion into education signifies a growing trend towards immersive learning experiences. Meta is reportedly in pole position to dominate the VR sector, which has recorded a whopping 27.3% annual growth since 2020. Source NFTs | OpenSea | News

🖼 PayPal removes buyer and seller protections for NFTs PayPal is quietly stripping buying and selling protections for non-fungible token-related (NFT) transactions in a partial reversal of its previous policy, according to the firm's little-noticed terms-of-service update. Under the new policy, effective May 20, NFT purchases will no longer be covered by PayPal's buyer protection policy. Additionally, NFT sales worth more than $10,000 will no longer be backed by the company’s guarantee against false claims, chargebacks or other scams that may cause sellers to lose money. Source NFTs | OpenSea | News

🖼 Bored Apes' floor price hits lowest point since 2021, down more than 90% from all-time high Bored Ape Yacht Club NFTs may have hit more than a rough patch as the floor price for the once-celebrated collection hit its lowest point since August 2021. As of Monday, the floor price on Bored Ape NFTs sank to 10.9 ether (about $34,000), according to NFT Price Floor data. The NFTs' floor price has not been that low since early August 2021, when it hit 9.5 ether, also according to the NFT data site. Yuga Labs, the creator of the Bored Ape Yacht Club, or BAYC, collection declined to comment. Source NFTs | OpenSea | News

🖼 Meta Monkey Launches NFT Collectibles for Elder’s Grace Meta Monkey, a cross-web studio, has launched Founder’s Digital Card Collectibles for their upcoming web3 NFT game, Elder’s Grace: Rise of the Mobley. The Founder’s Digital Card Collectibles, known as the Origins of the Elder Mobley Edition, offer perks including alpha and beta access for playtesting, special Discord roles, and in-game benefits such as unique Summon Skins, XP Boosts, and customizations for stronghold names and icons. The collection come in four levels—Common, Rare, Epic, and Legendary—with a total supply limited to 300. Source NFTs | OpenSea | News

🖼 Adidas and STEPN Team Up for High-Tech Sneaker NFTs STEPN is making moves. Following its significant $100M $GMT airdrop, the Move-to-Earn blockchain game unveiled Genesis Sneaker NFTs in partnership with Adidas and its web3 venture, ALTS by Adidas. “A lot more to come” has also been teased, fueling excitement among blockchain and sneaker buffs alike. However, it remains unclear whether these digital assets will include physical counterparts, like the ‘Adidas X Crazyfast Bugatti‘ football boots. Source NFTs | OpenSea | News

🖼 Mark Zuckerberg says NFTs are coming to Instagram soon Mark Zuckerberg announced that his company plans to introduce NFTs into Instagram in the "near term." While the Meta CEO and founder didn't offer a ton of detail, he characterized the integration of non-fungible tokens into the company's photo and video sharing app as something on the way once the Instagram team works out some of the technical challenges. "We are working on bringing NFTs to Instagram in the near term," Zuckerberg said in a conversation with Shark Tank's Daymond John. Source NFTs | OpenSea | News

🔫 Metaverse has critical role in medical tourism hitting $200B by 2027: report The metaverse has made great leaps in gaming, advertising, culture, communication, and sports. This emerging technology is projected to have a pivotal role in medical tourism, a sector estimated to be worth $200 billion within the next three years. Some healthcare facilities, like the Thumbay Group in the United Arab Emirates, rely on the metaverse to expand their reach, offer personalized and on-demand medical attention, and cut down on medical costs for patients. Source NFTs | OpenSea | News

📉 Trump NFT Collection Trading Volume Plummets 99% Ahead Of Criminal Trial The first edition of the Trump Digital Trading Card NFTs has experienced a significant downturn in sales, with trading volumes plummeting by 99% over the last 30 days. Data from OpenSea reveals a stark decline in transactions, with no activity recorded in the past week. This marks a sharp contrast from the initial buzz surrounding the collection, which generated over $50 million in total trading volume since its launch in December 2022. Source NFTs | OpenSea | News

💰 XRP Ledger (XRPL) Welcomes Crucial NFT Amendment on Mainnet A new amendment dubbed fixNFTokenReserve has been activated on the XRP Ledger (XRPL) mainnet, marking a significant milestone for the decentralized public blockchain. Dominant XRPL explorer XRPScan confirmed that the activation of the amendment took place at around 12:21 UTC on April 12. It was released in version 2.1.0. Like other proposals on the XRP Ledger, fixNFTokenReserve had an approval threshold of 28/35 which implies that at least 28 validators are required to vote in its favour before it is accepted. Source NFTs | OpenSea | News

🖼 ‘Cinematic’ Space Combat Game Nova Frontier X Counts Down to NFT Launch New mobile game Nova Frontier X is counting down to lift-off as its spaceship NFTs go on sale from April 16th. Offering a blend of third-person space combat and strategic base management, the game sees players jump into the cockpit of a space fighter to battle humans, rogue AI and mysterious aliens in the hunt for Dark Nova Crystals. With spaceships wheeling and dodging in fast-paced battles through asteroid fields and around ringworlds, Nova Frontier X certainly looks like it belongs on the big screen. Source NFTs | OpenSea | News

🖼 SEC secretly investigated NFT developer Dapper Labs in 2023 The document, acquired by Fortune and referred to as a “Case Closing Report,” was signed off by David Hirsch, head of the SEC’s Crypto Asset and Cyber Unit, on Sep. 29, 2023. The report did not detail the reasons for the SEC’s inquiry into Dapper Labs, its initiation date, or the factors leading to the investigation’s termination. Dapper Labs is behind high-profile NFT projects such as NBA Top Shot and CryptoKitties. Source NFTs | OpenSea | News

🖼 Binance to Drop Bitcoin “Ordinals” NFT Support on May 18th Binance, one of the world’s leading cryptocurrency exchanges, decided to discontinue support for Bitcoin Ordinals, also known as Bitcoin NFTs, on its NFT marketplace. This decision, announced on April 4, marks a significant shift in Binance’s strategy, just a year after introducing support for Bitcoin NFTs in May 2023. Unleash the potential of leverage trading! Join Bybit today with our link, complete KYC, and earn up to a $40 bonus on a $100 deposit. Don’t miss out on this exclusive offer; claim your bonus now! Source NFTs | OpenSea | News

🔫 Yuga Labs Launches Dookey Dash Skill-Based NFT Game Yuga Labs, the company behind the popular Bored Ape Yacht Club (BAYC) NFT collection, has unveiled a new NFT mint, which will require players to compete in a skill-based game. Later today, holders of BAYC and Mutant Ape Yacht Club (MAYC) NFTs will be able to claim a ‘Sewer Pass’ for free. The game, called Dookey Dash, can be played by anyone holding the Sewer Pass NFT and is a skill-based ‘endless runner’ game similar to Subway Surfers and Temple Run.. Source NFTs | OpenSea | News

🔫 ZTX Metaverse Platform Joins Hands With Mon Protocol To Ensure Sustainable Community Development ZTX, a fast-growing social metaverse platform, has partnered with Mon Protocol, a leading publisher of blockchain-native IPs and gamers, to further enrich the respective communities, amid the ongoing mass adoption of web3 projects and digital assets. The strategic partnership will enable the Mon Protocol to introduce the ZTX metaverse platform to more than 1.1 million users across its Pixelmon products. Source NFTs | OpenSea | News

🔵 Gunzilla Games will integrate GUNZ blockchain into OpenSea NFT Marketplace Gunzilla Games said it is integrating the GUNZ blockchain into the OpenSea non-fungible token (NFT) marketplace. Frankfurt, Germany-based Gunzilla is partnering OpenSea in an effort to evolve gaming economies, enabling players to trade in-game items seamlessly across various titles built on the GUNZ blockchain. GUNZ, developed on a custom Avalanсhe subnet, empowers triple-A game developers by providing players with full ownership of in-game assets as tradeable NFTs, fostering player-driven economies within digital worlds. Source NFTs | OpenSea | News