August 12, 2022 By Murtuza Merchant In the first half of 2022, over 1 million different wallet addresses spent 963,227 ETH, or $2.7 billion, minting NFTs on the Ethereum blockchain, with NFT marketplace OpenSea.io witnessing the majority of the minting, according to research by CryptoMonday. NFTs worth $107 million and $77 million, were minted on […]

August 11, 2022 By Anjali Kochhar After making heads turn in a festival in the metaverse, virtual singer and influencer Polar has ambitions to perform in the real world. With 1.6 million followers on TikTok and more than over 500,000 subscribers on her YouTube channel, she draws inspiration from the avatar concerts pioneered by Swedish

August 11, 2022 By Murtuza Merchant Fellowship, one of the newest NFT photography marketplaces, has launched a recent auction sequel. On August 2, the group made public 3 pieces of famous American photographer Gregory Crewdson’s work. This is the first chapter of a sequel about a weekly auction. Guy Bourdin, Pieter Hugo, Laurie Simmons, and

August 10, 2022 By Anjali Kochhar Beverage firm Coca-Cola has launched its generative NFTs (non-fungible tokens) on Polygon to celebrate International Friendship Day. The NFTs created by Tafi, an avatar-creating company, have a “unique share-to reveal” quality. Taking to Twitter, Polygon Studios said, “Experience the real magic of friendship! @cocacola just launched first-of-a-kind, generative, and

August 10, 2022 By Sharan Kaur Phillora The latest ‘gifting’ feature on popular NFT marketplace OpenSea has confused users over ‘mislabeled’ transactions as this can pose threats of NFT scams. The new feature can prove to be a potential exploiting tool by NFT scammers. Here’s what we know: NFTs can now be sent directly to

August 09, 2022 By Anjali Kochhar Global coffee house Starbucks has plans of introducing a Web 3-enabled initiative to its popular reward program, the company CEO said. Speaking during the company’s Q3 2022 earnings call last week, Starbucks CEO Howard Schultz said, “We have been working on a very exciting new digital initiative that builds

August 09, 2022 By Murtuza Merchant Even though the music industry is not known for technological innovation and is still figuring out to use non-fungible tokens, fans will soon see the release of new albums through NFTs, and the industry will see the biggest shift in music consumption, for both live and recorded music, according

August 08, 2022 By Anjali Kochhar Textbook publisher Pearson has plans to turn its books from second-hand sales into NFTs, its chief executive has said. It is known that educational books are often sold more than once as students sell study resources when they no longer require them. Earlier it was not possible for publishers

August 08, 2022 By Sharan Kaur Phillora Omni X, the first omnichain NFT platform designed to connect and reward communities, creators and enthusiasts across multiple blockchains, announced its partnership with Findora on social media to advance privacy for NFTs. Here’s what we know: “This partnership with Findora allows us not only to transform the NFT

August 05, 2022 By Murtuza Merchant In a bid to accelerate FC Barcelona’s blockchain, NFT and digital assets and Web3 strategies blockchain-powered fan engagement and rewards platform Socios.com owner and technology provider Chiliz announced a $100 million investment in the club. Per the partnership, Socios.com owner and technology provider Chiliz invest $100 million in Barça