Reddit announces new blockchain-backed ‘Collectible Avatars’
The company said that the project is set to utilize the Polygon (MATIC) blockchain for decentralized trading and third-party sales. Go to Source Powered by WPeMatico
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Metaverse can’t be built on the corporate business model, says EY innovation lead
Jones believes the established firms need to focus on community engagement first before jumping on a trend like NFTs. Go to Source Powered by WPeMatico
Meta set to begin testing NFTs on Instagram Stories with SparkAR
Earlier this week, Meta also announced it would join with other tech companies to create a metaverse standards body. Go to Source Powered by WPeMatico
Despite what you heard, NFT market is far from dead: DappRadar
There’s no question that blue-chip NFT collections such as BAYC have declined in value recently, but the market for digital collectibles is much bigger. Go to Source Powered by WPeMatico
Nifty News: BAYC floor price drops 50%, Lonely Apes doesn’t attract women, and more
The floor price of the Bored Ape Yacht Club has fallen 50% from the beginning of this month as prices and sales volume of NFTs suffer across the board. Go to Source Powered by WPeMatico
The NFT sector is projected to move around $800 billion over next 2 years: Report
More than 50% of respondents highlighted that they have a HODL mentality and see a future where non-fungible tokens could be important items in games. Go to Source Powered by WPeMatico
UFC to pay out fighter bonuses in Bitcoin for its upcoming PPV events
Sports and crypto have gone hand in hand over the past couple of years, as most sporting companies across various niches have on-boarded crypto firms as their brand partners. Go to Source Powered by WPeMatico
Investment tracker Delta expands its Web3 offering with an NFT explorer
The new NFT tracker and explorer services will support Ethereum wallets to start with, while multi-chain support is expected to arrive by the end of the year. Go to Source Powered by WPeMatico
LimeWire makes a comeback after a decade with an NFT marketplace
The new owners of LimeWire aim to “make things right” with the NFT marketplace and promises to give music artists freedom over their content. Go to Source Powered by WPeMatico
Pharmacy Chain CVS Files for ‘Crypto-Collectible’ and NFT Trademarks
The American retail and pharmacy corporation CVS is looking to enter the metaverse according to trademark filings registered with the United States Patent and Trademark Office (USPTO). The filings mention things like CVS Health-brand “downloadable virtual goods” and “crypto-collectibles.” CVS Trademark Filings Discuss Virtual Worlds and NFTs The drugstore giant CVS has filed a series … Read more
