August 31, 2022 By Murtuza Merchant If you love art, you’ve undoubtedly been to countless exhibitions. You might not be aware, though, that you can now view hundreds of thousands of high-caliber pieces of art from the comfort of your own home. Of course, we’re speaking to NFT galleries in the metaverse! Virtual places like […]

August 30, 2022 By Anjali Kochhar Whether or not there is an intersection between those who love sports and those who are into cryptocurrencies, both industries together are the future. Be it the blockchain-induced sports fan engagement platforms or the rising popularity of play-to-earn games with rewards in cryptos, this collaboration has kept the investors

August 30, 2022 By Murtuza Merchant Radar Rats is a brand-new series of tokenized NFTs by renowned graffiti artist Banksy. The intriguing undertaking is a partnership between Banksy, Magic Eden, and the global art group LCD Lab. Importantly, the 1,000 NFTs include a special feature that allows users to burn the NFT to create an

August 29, 2022 By Anjali Kochhar Over $100 million worth of non-fungible tokens (NFTs) were stolen in the year to July, according to blockchain research firm Elliptic. NFTs are blockchain-based assets with a unique identification number that represents digital files such as images, videos or text. The NFT market surged in 2021 as crypto-rich speculators

August 29, 2022 By Tsering Namgyal and Joe Pan How the metaverse, NFT and Web3 are linked with the ambitious task of mitigating the impact of climate change might sound like a big task. But these topics were discussed during an online panel last week attended by members and advisers of ImpactNFT Alliance, an organization

August 29, 2022 By Murtuza Merchant Candy company Mars has introduced a limited-edition M&Ms, that bear Bored Ape Yacht Club NFT artwork. The agreement is between Mars and the 10:22 PM label of Universal Music Group, which acquired the Ape NFT photos from a renowned collector. “Consumers’ expectations for what they want from their favorite brands [have]

August 26, 2022 By Anjali Kochhar Paul Durov, founder of global instant messaging service platform Telegram has hinted in a recent post that he is keen on adding “a little bit of web3″ to the messaging platform in the coming weeks. The statement came after Telegram Open Network (TON) recently conducted a successful auction of

August 26, 2022 By Sharan Kaur Phillora The American sports brand Nike becomes the world’s highest-earning brand from sales of non-fungible tokens (NFTs) with revenue of a whopping $185.32 million. Nike’s total transactions are over 67,000. Here’s what we know: The data from Dune Analytics revealed that the brand’s total revenue is seven times higher

August 25, 2022 By Murtuza Merchant Research by Galaxy Digital has revealed that Moonbirds and Bored Ape Yacht Club mislead its customers regarding IP rights. According to the research, it appears that they are falling short in the way when they issue IP rights to owners. How Moonbirds and BAYC deceived buyers According to the

August 25, 2022 By Sharan Kaur Phillora A new report by Juniper Research revealed that the global number of non-fungible token (NFT) transactions is likely to rise from 24 million in 2022 to 40 million by 2027, a new report said, cautioning the vendors about an unregulated environment that is home to fraudulent activities and scams. Here’s