Tag Archives: Non-Fungible Token (NFT)

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...

Andy Jassy – CEO of Amazon – recently told CNBC that the company could sell Non Fungible Tokens (NFTs) in the distant future. However, he said that the company won’t begin accepting cryptocurrency payments anytime soon and that he doesn’t personally hold any Bitcoin. Jassy’s interview took place shortly after releasing his first annual shareholder letter on Thursday. The letter itself made no mention of Bitcoin, crypto, or NFTs. However, when asked about them directly, Jassy...

The private equity firm’s latest move demonstrates that traditional investment firms have started buying Web.3.0 projects as part of their investment thesis. A growing interest in a decentralized internet built on blockchain networks continues to incentivize big money to bet on small and medium-sized crypto firms. Silver Lake, the tech investment firm managing over $90 Billion in assets, announced leading the $150 Million investment round for Genesis, an NFT avatar company....

The French game developer has doubled down on its cryptocurrency endeavors by backing a digital assets fund in fundraising that could go up to $120 Million. The fund will focus on small and medium-size crypto companies working towards the mass adoption of digital assets. Ubisoft Leads a Crypto-Centric Investment Ubisoft, the video game studio that created globally renowned games like Assassin’s Creed, Far Cry, For Honor, has led a $60 Million investment in White Start...

Derivatives-focused cryptocurrency exchange, BitMEX has teamed up with AC Milan to release limited edition non-fungible tokens (NFTs). The proceeds will be used to support the non-profit organization Fondazione Milan, linked to the wider scope of the soccer club’s Corporate Responsibility and Sustainability. The latest initiative is European soccer giant AC Milan’s first-ever NFT venture as it explores new ways to engage with its international fanbase of over 500 million...

Meta, the company behind Facebook, is reportedly trying to develop its own token – not a cryptocurrency – to support its ambition of connecting users through the Metaverse. More tokens may be developed to facilitate the realization of the project, the report outlined. The newly explored token is like ROBUX for another metaverse Roblox reported the Financial Times. A metaverse-specific currency, which is in the early planning stages, has been nicknamed “Zuck Bucks” by...

The largest digital marketplace for crypto collectibles – OpenSea – officially started listing NFTs minted on the Solana blockchain. “We are currently supporting 165 collections, and adding more every day,” the team announced. OpenSea disclosed that users can now buy and sell Solana NFTs on the marketplace. The company praised the blockchain protocol’s low gas fees, efficient energy usage, and fast transactions. The moment you’ve been waiting for… @Solana is officially on...