NFT Financial News

30.07 / 03:03

Blockchain NFT wallet Web3 Gaming Gold play Play-for-Gold: This game backs in-game NFTs with physical golden eggs

Backed by the FRUITS Eco-Blockchain Project, the upcoming Web3 game Golden Egg Wonderland will allow players to exchange in-game NFTs for real golden eggs.

29.07 / 10:41

Blockchain NFT wallet Web3 Gaming Gold play-to-earn play Play-for-Gold: This game backs in-game NFTs with physical golden eggs

Backed by the FRUITS Eco-Blockchain Project, the upcoming Web3 game Golden Egg Wonderland will allow players to exchange in-game NFTs for real golden eggs.

28.07 / 20:25

Ethereum NFT Social Media Altcoin memecoin Pond0X token launch snafu leads to millions of dollars in losses

The launch of memecoin Pond0x (PNDX) has led to millions of dollars in losses for investors, according to multiple reports on social media on July 28. Data from the Maestrobots trading app shows that the token reached a price of $0.36 before collapsing to near zero in a span of five minutes.

28.07 / 14:33

NFT Investment Animoca Brands Utility Web3 Neobank 'hi' Secures $30 Million Investment from Animoca Brands to Strengthen NFT Utility

The Lithuania-based Web3-focused neobank hi has secured a $30 million investment from the major metaverse investor Animoca Brands to strengthen the real-world utility of cryptocurrencies and non-fungible tokens (NFTs).

28.07 / 13:41

Technology Adoption NFT Tokens Here’s how big food and beverage brands are using NFTs: Report

Nonfungible token (NFT) adoption is picking up steam across the food and beverage industry, with many fast-food chains showing interest in the asset class.

28.07 / 11:18

Ethereum Art NFT Non-fungible tokens Opensea Sotheby's NFTs Created by 99-Year-Old Artist Vera Molnár Sold for $1.2 Million

Computer-generated non-fungible tokens (NFTs) created by innovative Hungarian artist Vera Molnár sold out for ETH 631.

28.07 / 09:23

Adoption Digital Digital Currency NFT Web3 Cointelegraph NFT Future NFT-styled debit cards the future of Web3 — Animoca founder on $30M hi investment

Animoca Brands co-founder and executive chairman Yat Siu sees significant potential in the personalization of Web3-based services as his firm earmarks $30 million for the neobank platform hi.

27.07 / 16:19

Blockchain Art NFT 99-year-old Hungarian artist's computer generated NFTs sold for $1.2M

Computer-generated nonfungible tokens (NFTs) created by Hungarian artist Vera Molnár in collaboration with Martin Grasser sold out during Sotheby's Dutch auction for 631 Ether (ETH), or around $1.2 million, in less than one hour.

27.07 / 13:17

Ethereum NFT Polygon Metaverse Lee Bruce Lee avatar to teach martial arts in the metaverse

Legendary martial artist and actor Bruce Lee , who died in 1973, is set to teach martial arts in the metaverse through a tribute event hosted by a social entertainment platform, to celebrate the 50th anniversary of the actor’s passing.

27.07 / 13:17

Ethereum NFT Polygon layer2 network zk NFT-optimized Palm Network to become a Polygon ZK Supernet

Nonfungible token-focused blockchain Palm Network is about to become a great deal more accessible to users, with plans to transition into being a customized Polygon blockchain.

27.07 / 10:49

Art NFT Social Media Non-fungible tokens Reddit community Reddit Introduces Largest Gen 4 Collectible NFT Avatar Series 'Retro Reimagined' with Iconic Snoo Character

Reddit has released the Gen 4 Collectible Avatar series, the largest addition to its limited-edition non-fungible token (NFT) collection yet.

27.07 / 10:07

Blockchain Binance NFT Web3 virtual reality Metaverse Metaverse 2.0: Where the metaverse meets hyper-reality and infinite possibilities

The world met the first metaverse in 1992 when Neal Stephenson’s Snow Crash depicted an online world that users could only access via virtual reality (VR) goggles. Stephenson described this universe as a place where users could receive computer-generated bodies, hang out with friends and attend events like concerts. The 2018 film Ready Player One revisited this theme, emphasizing that the metaverse would overtake the real world and become the place where people spend most of their time.

26.07 / 19:07

Ethereum NFT Gaming Reddit Sky Mavis McDonald’s in the metaverse, pro players to try Web3: Nifty Newsletter

In this week’s newsletter, read about how Reddit onboarded millions into Web3 through its nonfungible token (NFT) avatars, and check out McDonald’s first metaverse experience in The Sandbox. Find out why professional gamers are interested in trying out Web3 games, and why Axie Infinity creator Sky Mavis is partnering with NFT collection CyberKongz to develop a new game. And don’t forget this week’s Nifty News, featuring an NFT image of Ethereum co-founder Vitalik Buterin.

26.07 / 12:47

Art Binance NFT Binance launches AI-powered NFT generator for KYC-verified users

Crypto exchange Binance’s nonfungible token (NFT) arm announced the launch of its artificial intelligence (AI) NFT generator that lets users produce custom artworks using AI technology.

26.07 / 11:13

Blockchain NFT Social Media Polygon Reddit Opensea Drop Reddit prepares to drop Gen 4 collectible avatars on Polygon

Social media platform Reddit continues exploring digital collectibles despite a significant downturn in the non-fungible tokens (NFT) industry.

25.07 / 22:21

Blockchain NFT DAO Researcher envisions smart education system built with blockchain, DAOs, NFTs and AI

Mehmet Fırat, a researcher at Anadolu University in Turkey, recently published research envisioning a multi-tech solution to the problems challenging the traditional educational system called the “Smart Open Education Ecosystem” (SOEE).

25.07 / 13:55

Blockchain NFT Polygon Gaming GameFi Sky Mavis Blockchain Game Axie Infinity creator to develop new game in partnership with CyberKongz

Sky Mavis, the company behind the popular play-to-earn (P2E) blockchain game Axie Infinity, has announced a partnership with the Ethereum-based nonfungible token (NFT) collection CyberKongz to create a more comprehensive gaming ecosystem for the Ronin blockchain.

25.07 / 11:45

NFT MARKET Entertainment Non-fungible tokens Lee Collectibles Stan Lee Digital Collectibles Fly Off the Shelves, Gain 240%-5,000% in Value

Media company Kartoon Studios (formerly, Genius Brands) announced a "complete and near-instantaneous" sale of over 8,000 Stan Lee digital collectibles for $120,000 in revenue.

24.07 / 10:57

Blockchain NFT security Non-fungible tokens Backed OpenSea-Backed Americana Offers Public Access to Unique 'Phygital' Vaulting System

Vaulting platform Americana, backed by the popular OpenSea NFT marketplace, has launched its concierge vaulting, allowing collectors to store, showcase, and sell both physical and digital assets.

21.07 / 20:35

Law Ethereum NFT defi DEX Polygon Uniswap centralized exchanges Centralized exchanges will become gateways for DeFi: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

21.07 / 16:29

business NFT Metaverse McDonald’s debuts McNuggets Land in The Sandbox

McDonald's Hong Kong has picked The Sandbox to build its first Web3 experience, the McNuggets Land, a virtual world dedicated to celebrating Chicken McNuggets' 40th anniversary.

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