Meta Highlights From SXSW 2022
The fact that Facebook founder Mark Zuckerberg is so keen on life – and above all profit-making – in a virtual metaverse that he immediately renamed his entire company Meta and, when presenting this change of identity in October, animated the move as an avatar to his upcoming illusory world, could already be interpreted as […]
England’s First NFT Gallery Is Opening In London
While the blockchain phenomenon may seem ephemeral, it certainly attracts a lot of capital, and nervous investors will finally have these existential questions answered by the UK’s first NFT gallery, Quantus. Soft launching at the start of March, Quantus is a first as it brings digital art into literal space. “We are trying to blend […]
NFT sales have spiked 21,000% in a year
The nonfungible token (NFT) marketplace is booming with sales jumping by more than 200 times in 2021, according to a new report which also highlights how NFTs have become precisely that, a marketplace. Sales of NFTs jumped 21,000 percent to more than $17.6 billion (almost €16 billion) in 2021, up from $82 million (€74 million) […]
Cryptopunks NFT IP Is The Property Of Bored Ape Creators Now
Larva Labs sold the CryptoPunks and Meebits NFT IP to Yuga Labs, creators of the Bored Ape Yacht Club. The CryptoPunks creator had faced criticism for its lack of guidance on IP rights and engagement with the community. Just last week, CryptoPunks and the Bored Ape Yacht Club were the two leading rivals in the […]
NFTs Find Their Place On Instagram
Zuckerberg said he envisions users being able to make NFTs of the clothes worn by their digital avatars. He confirmed NFTs are coming to Instagram, but did not specify when that might happen. Mark Zuckerberg, CEO of Instagram’s parent company Meta, confirmed on Tuesday that non-fungible tokens, better known as NFTs, will be coming to […]
The Metaverse Token “SAND” Has Jumped Up
The Sandbox is becoming a playground for big brands to begin exploring the hype-driven metaverse. Now, Europe’s second-largest bank, HSBC, and American noughties celeb turned crypto enthusiast, Paris Hilton, are joining the fun. Read More: Our favorite 10 Celebrities Promoting the NFT market HSBC announced this morning a new partnership with the metaverse platform, which […]
Former Disney CEO becomes the advisor of NFT digital avatar platform, Genies
Bob Iger, a longtime Disney fixture, joined NFT producer Genies. LA-based Genies has raised $100 million and has customers that include major record labels. Bob Iger, the former CEO of the Walt Disney Company, announced today on Twitter he is joining the board of directors of Genies, a digital avatar platform built on the Flow […]
NFTs established themselves as safe havens for volatile cryptocurrencies
Last month, crypto analytics company Nansen released six new indexes for tracking the NFT market. A recent report now reveals some striking conclusions pulled using this batch of indexes. The six indexes split the market into handy subdivisions: The “NFT 500” (akin to the S&P 500), the “Blue Chip-10” index (the ten biggest “notable” and […]
Ukraine DAO’s Flag NFT Sells For $6.75 Million. The Funds Are Donated To Support Ukraine’s Humanitarian Efforts.
As news of the fighting in Ukraine began dominating the airwaves and social media, a group of crypto activists and enthusiasts quickly gathered to support Ukraine. Their method? An auction of an NFT depicting the Ukrainian flag. Decentralized autonomous organization Ukraine DAO raised 2,258 ETH (around $6.75 million) in an auction that began on February […]
Bored Ape Yacht Club Stands With Ukraine And Donates $1 Million Worth Of Ethereum To The People Of Ukraine
The Bored Ape Yacht Club (BAYC) NFT collection has been vocal about its support for the brave people of Ukraine. The project donated $1 million to the country of Ukraine’s official Ethereum wallet address on Tuesday. The NFT collection’s Twitter account shared the information along with an Etherscan transaction link showing that it sent 388.999 […]