Tag Archives: Non-Fungible Token (NFT)

Raj Dhamodharan – Mastercard’s Global Head of crypto and blockchain – believes that digital currencies pose no threat “at all.” Moreover, he classified them as “probably the most mature investment asset.” Crypto: a Package of Multiple Technologies The payment services giant Mastercard is among the companies seeking to dive deeper into the digital asset universe. Throughout the past several months, the firm has launched numerous initiatives to promote the industry and...

After months of waiting, NFT enthusiasts can finally visit the Coinbase non-fungible token platform, a Web3 marketplace for such collectibles. The beta version is live on Tuesday, and, as of now, only beta testers selected from the waitlist can create profiles to transact NFTs, but the site is open for anyone to check out the first version of Coinbase’s take on the industry. A Marketplace Beyond NFT Transactions Coinbase will gradually allow more people to use the platform...

Famous rapper Snoop Dogg and his son Cordell Broadus (aka “ChampMedici”) have partnered with MOBLAND to launch digital weed farm NFTs in the Metaverse. The virtual items will pioneer an all-new “grow to earn” feature, among various other utilities for business buildings and land. The Beginning of NFT 3.0 According to MOBLAND co-founder Roy Liu, the weed farms are part of the third generation of NFTs. “NFT 1.0 is about individual character and item, NFT 2.0 is about land and...

The blockchain gaming platform Animoca Brands reportedly purchased the Aussie digital agency – Be Media. The latter will become the Australian marketing arm of Animoca, which plans to double down on its NFT and Metaverse endeavors. Animoca Bought Be Media The Hong Kong-based blockchain entity continues to spread its presence globally. According to a recent coverage, it completed the acquisition of the Australian digital agency – Be Media. Found in 2013, the Aussie company...

There are now a total of 80,300 NFT collections on the Ethereum blockchain, up from 15,540 year over year. Meanwhile, Ethereum addresses holding one or more NFTs have also skyrocketed as the industry is getting widely adopted, despite the recent market turbulence in the crypto space. Interest in NFTs Continues to Increase Though the broader crypto market has been on a months-long downtrend dating back to November 2021, the enthusiasm associated with NFTs activities has shown...

Hyundai Motor Company will become the first automaker to hop on the community non-fungible token (NFT) market. The organization will launch 30 limited digital collectibles in collaboration with the NFT brand “Meta Kongz.” Another Well-Known Name Joining the NFT Craze The South Korean car giant – Hyundai Motor Company – released a film depicting the “Metamobility Universe.” The latter reflects on the entity’s NFT endeavors, first unveiled earlier this year. In the film, the...

Metaverse games The Sandbox and FlickPlay have partnered to create an NFT collection interoperable between both games. The collectibles feature an anthropomorphic chameleon named Flicky, who wears various combinations of clothing. The First Physical-World NFT As reported by Reuters, some of the users that acquire Flicky will be able to use it as their Sandbox avatar. The Sandbox is a 3D virtual world where users can build assets and buy land on the Ethereum blockchain. Its...

One of the leading Spanish airline companies – Air Europa – partnered with the blockchain entity TravelX to introduce the world’s first series of non-fungible token (NFT) airline tickets. Users who buy such collectibles will board a special flight between Madrid and Miami on November 29, 2022. NFTs Up in the Air The feature, dubbed NFTickets, will be available for purchase on TravelX’s platform. The first auction was on April 11, as the process will repeat every two weeks....

The United Arab Emirates national carrier has announced that it will be launching collectible and utility-based NFTs, with the first project already underway. In an announcement on April 14, Emirates stated that it will be launching NFTs and “exciting experiences in the Metaverse” for its customers and employees. Sheikh Ahmed Al Maktoum, Emirates Chairman and Chief Executive, said that the region was already a leader in the digital economy: “Dubai and the UAE are blazing the...

Japan’s most popular social media application – Line – released a non-fungible token marketplace called Line NFT. Even though the company provides its services in numerous countries in Asia, the opportunity will first be available only to Japanese users. Japan’s Top Social Media Goes Into NFTs LVC Corporation (LVC) – the operator of Line’s blockchain divisions – launched Line NFT marketplace, allowing 90 million Japanese users to buy and sell approximately 40,000 non-fungible...