NFT Financial News

02.03 / 23:01

Blockchain NFT defi DAO Radio Caca wants to ‘return the Metaverse to people’ by partnering with university students

Radio Caca (RACA) is a decentralized autonomous organization, or DAO, that has partnered with top global universities to build a metaverse for students to study and play. Its blockchain ecosystem, powered by its native token RACA, consists of the United States of Mars (USM) metaverse, a nonfungible token, or NFT, marketplace and a play-to-earn, or P2E, game called Metamon. Cointelegraph spoke to the RACA team about its plans for user growth within the DeFi, NFT and P2E game spaces.

02.03 / 16:17

Blockchain NFT Metaverse DAO Standard Professional gaming guild and metaverse DAO set standard for the cryptocurrency space

The metaverse still sounds like a concept straight out of a science fiction novel to many. But many are shaping the development of this online realm without even knowing it, through their participation in immersive video games like Fortnite.

02.03 / 13:19

NFT nft news Move over candy bars, New York vending machine now selling NFT art

NFT) vending machine in New York City, aiming to make online art pieces as easily available as soda or a candy bar. The twist? You have no idea what piece of digital art you might purchase. «It's the crypto curious, the people who tried to buy cryptocurrency or they were interested in buying an NFT, but they just hit too many barriers,» Neon CEO Kyle Zappitell said in an interview with Reuters, of the vending machine's target customer.

02.03 / 12:59

Adoption NFT ATM From lunch to Solana: Here’s the story of the NFT ATM in New York

In a new twist for nonfungible tokens (NFTs), Solana-based NFT marketplace Neon deployed an NFT ATM in the financial district of New York, giving people a very familiar way to acquire NFTs.

02.03 / 12:05

cryptocurrency NFT Charity Ukrainian Government Claims ‘Airdrop’ Will ‘Reward’ its Bitcoin & Crypto Donors

The Ukrainian government has confirmed that donors who have contributed crypto to fund its military struggle with the invading Russian army will be in line for an airdrop of tokens.

02.03 / 10:13

NFT Gaming Nifty News: Snoop Dogg and Gary V have $95M in NFTs, Dolly Parton’s Dollyverse and more…

According to data from DappRadar, the NFT portfolios belonging to Iconic rapper Snoop Dogg and popular entrepreneur Gary Vaynerchuck are worth a combined $95 million.

02.03 / 07:47

NFT 18% of super-rich Indians invested in cryptocurrencies, NFTs last year: Report

crypto assets last year amid rising popularity of cryptocurrencies and NFTs, according to a Knight Frank report. UHNWIs are those who have net worth of USD 30 million (about Rs 226 crore) or more. In its Wealth Report released on Tuesday, Knight Frank said 18 per cent global UHNWIs now own cryptocurrencies or tokens, and 11 per cent have invested in NFTs (non-fungible tokens). «In case of India, 18 per cent of ultra-wealthy have invested in cryptoassets. 10 per cent of them being invested in cryptocurrencies/tokens and 8 per cent being invested in NFTs,» Knight Frank India said in a statement.

02.03 / 03:15

NFT Gaming Legal South Korean Court Rejects Challenge to Strict Crypto, NFT Gaming Law

South Korea’s Constitutional Court has upheld a law that blocks gamers from buying and selling crypto and non-fungible tokens (NFTs) – and seeks to punish those trading video game-related coins and items.

01.03 / 13:05

Ethereum NFT defi regulation Top Trends at ETHDenver 2022: DAOs, DAOs, Regulation, DeFi, and DAOs

ETHDenver 2022 has come and gone. Ethereum (ETH)’s annual developer conference took to Denver’s Sports Castle to showcase the latest upcoming projects in the ETH ecosystem and to enable community members to network with each other (and spread coronavirus).

01.03 / 13:05

cryptocurrency NFT Non-fungible tokens Charity Ukraine Adds More Crypto Options, 'Teases' Airdrop; Platform Selling NFTs for USD 10

In an attempt to further bolster its fundraising campaign, Ukraine is opening up more crypto options for global donors - and has also intrigued the crypto community by mentioning an airdrop. Furthermore, a digital platform has launched a non-fungible token (NFT) collection with the goal of raising USD 430,302,531.

01.03 / 10:41

Art NFT Metaverse controversy Nifty News: One NFT per human in existence and the Pixelmon controversy

Dutch artist Dadara and digital rights management platform RAIRtech have developed a collection of 7.9 billion identical nonfungible tokens (NFTs).

01.03 / 10:01

NFT Polygon NFTS dutch Dutch artist creates NFTs for every person in the world

Dadara in the art community, has created 7.9 billion identical NFTs, one for every headcount on the planet. This large number of NFTs are a result of an experiment concocted by Dutch artist Dadara and NFT digital rights management platform RAIRtech to provide immutable blockchain identity. However, the identical NFTs have their own serial numbers, giving them a name or different identity.

28.02 / 09:01

business NFT regulation National South Korea to invest $187M in national Metaverse

South Korea’s Ministry of ICT, Science, and Future Planning pledged 223.7 billion KRW ($186.7 million) to create a broad Metaverse ecosystem to support the growth of digital content and corporate growth within the country.

28.02 / 02:11

business Adoption NFT Gaming Are NFTs coming soon to your favorite video games?

In 1996, when the Nintendo 64 was first launched in the United States, it sold 1.6 million units (worth $200 each) in its first quarter. Its closest competitor for the holiday season was a $30 Tickle Me Elmo doll, which sold around a million units in the same window. More than 20 years later, when Nintendo’s $300 Switch sold 1.5 million units in its first week, there was a lot more competition, and not just for the holiday season.

27.02 / 10:43

NFT Sotheby's NFT sale, expected to hit $30 million, suddenly canceled

CryptoPunks — was expected to sell for as much as $30 million. But after a delay of 25 minutes past the auction's expected start time, the sale was off. The consignor had withdrawn the pixelated collectibles and posted a meme on Twitter mocking the auction house. Audiences inside a packed Sotheby's salesroom were shocked, according to two attendees. The evening began with people drinking Champagne and ended with a stunned shuffle back home.

25.02 / 21:31

Blockchain NFT play-to-earn RPG blockchain game re-draws traditional rules by letting their community take the reigns

Video games are more than just fun and games; they are often the foundation for vibrant communities, many of which are not recognized for the full extent of their contributions. The rise of blockchain technology is changing this narrative with a new class of games, engaging players through fun, competition and building while also making them part of the journey as a stakeholder and investor.

25.02 / 17:33

NFT Metaverse play-to-earn Casual social gaming metaverse enables creators to reinvent themselves on blockchain

The world now circles the concept of a creator economy, a class of businesses dependent on curators and other community builders. Unfortunately, with so much content being created and distributed daily, developed works quickly succumb to the mercy of publishers, brands and other social media communities. As a result, these very artists often only receive royalties for using their assets once, making it difficult for them to earn a fair value and remain incentivized to continue supporting the very real creator economy. A secondary concern comes down to asset ownership since a minimal amount of policing exists to protect creators’ works from unsolicited distribution.

25.02 / 15:57

Ethereum Adoption NFT Rakuten launches NFT marketplace to capitalize on growing adoption in Japan

Major Japanese e-commerce firm Rakuten has announced the launch of its own nonfungible token (NFT) trading platform dubbed Rakuten NFT.

25.02 / 14:35

Blockchain NFT Marketplace Upgrade Features OpenSea disables features temporarily as contract migration completes

The week-long period that OpenSea gave users to migrate their nonfungible token (NFT) listings ends today. Following the deadline, the platform announced that some features on the site may not be available temporarily due to the migration.

25.02 / 09:15

Blockchain NFT marketing Snow Crash's Metaverse was filled with ads in 1992, and the real one will be too

Neal Stevenson’s Snow Crash, a techno-dystopian science-fiction novel that has become a legend among Silicon Valley tech bros, predicted the rise of a future Metaverse all the way back in 1992.

25.02 / 07:01

NFT Investments security BitsCrunch raises $3.6M in funding for NFT analytics tools

Crypto and nonfungible token (NFT) ecosystem analytics firm BitsCrunch has secured $3.6 million in a funding round led by Animoca Brands, Coinbase Ventures, Crypto.com Capital, and others.

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