How brands are using digital fashion in real life
From Gucci to Balenciaga, big fashion brands are making their way into the Metaverse. Go to Source Powered by WPeMatico
NFTs
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30-Day NFT Sales Are 88% Lower Than They Were 8 Months Ago, Google Searches Nosedived
At the end of January 2022, non-fungible token (NFT) sales raked in $4.77 billion and NFT sales have slipped month after month since then. Last month, $549.82 million in NFT sales took place in September which shows monthly NFT sales are more than 88% lower than they were in January. Furthermore, after the search term … Read more
Critics can’t stop NFTs from becoming a mainstay of daily life
Nonfungible tokens are about more than Bored Apes. They fulfill a host of functions better than existing systems. Go to Source Powered by WPeMatico
Snoop Dogg Associate Joins Gala Music Board, Death Row Records Steps Closer to Blockchain Commitment
After the rap star Snoop Dogg acquired Death Row Records in February, the hip-hop legend explained that he would transform Death Row into a non-fungible token (NFT) label backed by blockchain technology. On Thursday, Snoop’s brand partnership manager Nick Adler joined a newly-created Gala Music advisory board, alongside the record label executive DJ EFN, Grammy-nominated … Read more
Dappradar’s Q3 Industry Report Shows Crypto Economy and Participants Are ‘Riding Out the Bear Market’
According to Dappradar’s latest crypto industry report that covers 2022’s third quarter, the crypto economy and its participants are “riding out the bear market.” However, these days a number of macroeconomic events have influenced the crypto market, and Dappradar researchers say it’s currently “impossible to foresee a worldwide expansion of cryptocurrencies without a general recovery … Read more
Blockchain Game Splinterlands Reveals Gamefi Platform Sold 10 Million Packs of Chaos Legion Series Cards
On Wednesday, the team behind the blockchain game Splinterlands announced that it reached a new milestone after the project sold more than 10 million packs from the fantasy-themed battle game’s Chaos Legion series of cards. The achievement follows the project’s recent partnership with the Major League Soccer Players Association and Warner Music Group. Play-to-Earn Game … Read more
Over 300 NFTs From Three Arrows Capital’s NFT Fund Moved by Liquidator to New Wallet
Hundreds of non-fungible tokens (NFTs) collected by Starry Night Capital have been transferred to a new wallet. The NFT fund of the insolvent crypto hedge fund Three Arrows Capital (3AC) bought the tokens in 2021. 3AC filed for bankruptcy earlier this year, after taking a hit from the collapse of the Terra ecosystem and the … Read more
Yuga Labs Launches Bored Ape and Mutant Ape Yacht Club Community Council
The non-fungible token (NFT) and blockchain firm Yuga Labs has announced a community council will be representatives of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT collections. Yuga Labs has chosen seven community members with “a proven track record” to represent the NFT club at large. Yuga Labs Names Seven … Read more
Decentralized Web3 Protocol Golden Raises $40 Million Backed by A16z
Golden, a startup that seeks to build a decentralized data hub, has raised $40 million dollars in a Series B funding round. The round, which was led by a16z crypto, will allow the company to keep building its concept, which revolves around combining data submission and validation with Web3-based token incentives. Golden Raises $40 Million … Read more
NFT Collection Veefriends Physical Collectibles to Debut at Macy’s and Toys’R’Us
In recent times, non-fungible tokens (NFTs) and their physical counterparts have started to debut at well known retail stores and luxury boutiques. On October 4, the NFT project called Veefriends revealed that the team is launching its limited edition series of collectible characters exclusively at Macy’s and Toys”R”Us. Veefriends holds the 20th position in terms … Read more
