Tag Archives: NFT

While China is seemingly encouraging the ownership of NFTs, NFT prices have been down in the wake of a wider market rout.A Chinese court in Hangzhou city has applied its property law to nonfungible token (NFT) collections. The court ruled that NFTs are like online virtual property and should be protected under Chinese law.While noting Chinese laws are not clear on the features of NFTs, the court moved to establish its legal attributes. According to the case report, “NFTs have the object...

By leveraging this program, the firm will additionally try to develop white glove aid for people who need assistance in purchasing NFTs.Since Non-Fungible Tokens are on a roll in the blockchain space these days, many companies can be seen jumping on the NFT bandwagon and offering virtual collectibles as products. Crypto payments infrastructure company MoonPay is offering “soulbound” NFT loyalty program for its customers.Soulbound assets are non-transferable tokens depicting an individual’s...

Hong Kong-based blockchain gaming giant Animoca Brands is all set to roll out a massive $2 billion fund, dubbed “Animoca Capital,” to invest in metaverse businesses, according to co-founder and executive chairman Yat Siu. While speaking to Nikkei Asia, the exec revealed that the upcoming metaverse fund, which will make its first investment in 2023, will focus on digital property rights. It also seeks to provide opportunities to access Web3 companies. The fund’s investment...

The collection is expected to launch by January 2023, with a total of 7,500 unique NFTs.Luxurious automaker Porsche has come forward with a plan to venture into the virtual world using non-fungible tokens (NFTs) art. The automaker revealed its plans to launch the Porsche NFTs during the ongoing Art Basel in Miami, Florida.Details of Upcoming Porsche NFTsAccording to the firm, the collection will have a total of 7,500 unique NFTs. The firm also confirms that it will be launching the collection...

As NFTs gain interest from people across the world, it comes extremely difficult for the average cryptocurrency user to stay updated with the newest launches and announcements in the space.According to an announcement on November 30th, cryptocurrency exchange Uniswap users can now avail of trading services of non-fungible tokens via its indigenous protocol. As mentioned by Uniswap, the feature will primarily host NFT collectibles for purchase on platforms like OpenSea, X2Y2, LooksRare,...

Blockchain video game developer Animoca Brands aims at establishing a well-heeled specialized fund to facilitate metaverse projects. Animoca Brands plans to launch a $2 billion fund to invest in metaverse businesses, according to the company’s co-founder and executive chairman Yat Siu. In addition to focusing on digital property rights, Siu said that the Animoca Brands metaverse fund would develop the ecosystem. Furthermore, the Hong Kong-based game software, and venture capital platform,...

OpenSea – the world’s largest NFT marketplace – is bringing NFTs based on BNB Chain to its platform.  The network’s collectibles will soon be available for listing and sale on OpenSea’s standard core marketplace.  OpenSea Meets BNB Chain Per a press release shared with CryptoPotato, OpenSea’s Seaport protocol will launch BNB Chain starting in Q4 2022. Benefits to BNB NFT creators will include real-time payouts, creator payouts, collections management, and other things.  “The...

Das Metaverse Casino wurde von gleichzeitigen Unterlassungsverfügungen von vier staatlichen Strafverfolgungsbehörden in den Vereinigten Staaten getroffen, die die nicht fungiblen Token (NFTs) des Unternehmens als nicht registrierte Wertpapiere betrachteten. Bei der Erklärung der Kündigungsverfügungen verglich das Texas Securities Board NFT Sloties ausdrücklich mit etwas, das „wie Aktien und andere Vermögenswerte aussieht“. Es wird berichtet, dass mehr als zwei Sammlungen von NFTs, die vom...

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Ron Creevey – founder of the X Studio, a company that broadcasts live performances online for globally recognized brands – says he’s looking to bring more artists to his platform with the launch of the firm’s new non-fungible token (NFT) line. The NFT Space Appeals to Ron Creevey An NFT is a digital asset that’s tied to something physical. This physical item could be a song or piece of music, a comic, a famous artwork, etc. Many of these NFTs represent individual stakes...