Insomnia Labs Launches ‘Loyalty+’ Program, Pioneering Web3 Loyalty
Insomnia Labs, a blockchain technology company based in New York, has launched a new loyalty program called 'Loyalty+' that aims to bring brands into the world of web3. The program uses blockchain, NFTs, and AI to offer a platform where communities can engage with their favorite brands and earn rewards.
Jay Chou’s “Fantasy Music Universe” Has Released About 1 Million NFTs
Data disclosed by the official WeChat account of Shanghai Science and Technology shows that the "Fantasy Music Universe" jointly launched by Jay Chou's JVR Music and the BHEX App has released about one million NFTs since its launch one month ago. It is reported that the "Fantasy Music Universe" is built on the Tron blockchain and developed based on the ERC-6551 protocol. The NFTs released can be used for coupons or other forms of small prizes.
Christian: 900 Bid “Order Walls” Have Been Established at the Price of Beanz 0.3ETH
October 21st, Christian, co-founder of NDV, a cryptocurrency fund, and Azuki whale, just established a "order wall" with 900 bids for the Beanz series NFT on social media. He is still active in the Beanz community and NFT field, and users who do not want to hold Beanz can sell their NFTs here. According to Blur information, there are currently 985 bids for the Beanz series NFT at a price of 0.3 ETH, and the "wall" thickness has reached 295.5 ETH.
Singapore Court Approves Financial Investigation Firm’s Use of Legal Document NFT to Mark Hacked Accounts
Singapore High Court has allowed financial investigation company Intelligent Sanctuary (iSanctuary) to attach NFTs containing legal documents to cold wallets related to a hacker incident. The NFTs will not prevent transactions with these wallets, but will serve as a warning to counterparties and exchanges that these wallets have been involved in a hacker incident.
Liechtenstein Unveils NFT Postage Stamp Art Edition
Philatelie Liechtenstein, the official postage service division of the Principality of Liechtenstein, has launched its first-ever Non-Fungible Token (NFT) postage stamp art edition. The NFT postage stamp art edition is a unique offering that combines physical and digital elements, featuring digital artwork by the renowned pop artist Romero Britto.
CryptoPunks and Avant Arte Jointly Launch “10,000 On-Chain” Series of RWA Physical Print Editions
Yuga Labs' NFT series CryptoPunks has partnered with Avant Arte to release a collection of physical prints called "10,000 On-Chain" based on all 10,000 Punk NFTs in the series. The collection will use high-definition pixel printing technology to ensure each Punk has a unique clarity and is sealed with a screen-printed varnish and a certificate of authenticity. It is reported that the physical print collection will be released on October 26th, with an unframed version priced at $639 and a framed version priced at $1,073.
Norman Rockwell Museum Releases Never-Before-Seen-Art As NFTs
The Norman Rockwell Museum and the Norman Rockwell family estate have announced their first-ever NFT collection, which will be launched on November 1 to celebrate the legacy of the late painter. The NFT series, called "Studio Sessions: The Norman Rockwell Collection," will offer collectors a rare glimpse into the artist's creative process, featuring thousands of preliminary sketches, photographs, drawings, and painted color studies that influenced Rockwell's iconic paintings. The NFTs will be available for purchase through credit card transactions or Ethereum payments, and the proceeds will be directed toward advancing the core missions of the Norman Rockwell Museum. The project has generated significant anticipation within the art community, and pricing details will be revealed closer to the release date.
Alliance DAO announces 8 Web3 accelerator projects, involving DeFi, NFT and other fields
On October 19th, Alliance DAO announced the latest batch of selected startups for its All11 Demo Day. There were a total of 1,083 applications, and only 6 teams were accepted and will be graduating from the program. In addition, two startups from All10 also participated in the showcase, covering fields such as DeFi and NFT. The All11 mentors include founders and CEOs from well-known companies such as Synthetix, Blockworks, Solana, and others.
Total Trading Volume in the NFT Market Fell to $290 Million in September, a New Low for the Year
According to Binance Research data, the NFT market continued to decline in September, with a total monthly trading volume of $290 million, hitting a new low for the year. Nansen's NFT-500 index and Blue-Chip-10 index have fallen by 58% and 53%, respectively, since the beginning of the year. Overall, for NFTs, trading volume has hit a new low almost every month in 2023.
The Floor Price of Migu NFT Series Is 0.034 ETH, Which Is a 32% Drop From the Offering Price
China Mobile's Migu Video's first NFT, Meelier Milo, has landed on NFT trading markets such as Opensea and OKX with 2000 NFT blind boxes. Based on the trading situation of Meelier Milo on Opensea, the public sale price of the NFT is 0.05 ETH (about $57), and after 5 days of issuance, the current floor price is still 0.05 ETH, with no increase or decrease.
Dr. Jane Thomason: Green Digital Asset Solutions Include Green Tokens, Green Finance, etc.
The Future Blockchain Summit 2023 closed today in Dubai. During the conference, Dr. Jane Thomason, the first chair of the World Meta Universe Council, discussed several different areas related to climate blockchain applications. She commented that the first is green digital asset solutions: green tokens, green finance, and green bonds, as we need to mobilize funds to invest in technologies that solve climate change. The second is around smart grid management and the ability to tag and store energy as well as manage off-grid energy.
Report: UK’s $252.1 billion crypto trading volume is dominated by DEX and NFT activity
According to a report by Chainalysis, CNWE (Central and Northern Western Europe) has solidified its position as a global leader in the cryptocurrency industry, with the UK emerging as a dominant force in the region. The UK leads the way in trading activity in the region, with a total cryptocurrency trading volume of $252.1 billion in the past year, ranking third globally behind the United States and India.
The report shows that DeFi services account for the largest share of cryptocurrency activity in the UK, representing 54.8% of total trading volume. NFT transactions are included in the report's definition of DeFi, with NFT platforms and decentralized exchanges (DEX) playing a key role in UK cryptocurrency activity. Platforms such as OpenSea, Sorare, and Uniswap are the preferred choices for UK cryptocurrency users.
Yuga Labs Completes Restructuring, Focuses on Developing Otherside Metaverse Extension and Supporting Existing Communities
Yuga Labs CEO Daniel Alegre has announced that the company's restructuring is now complete and the team will focus on developing its metaverse extension, Otherside, while also supporting existing communities. Alegre addressed concerns and feedback from Yuga Labs' various NFT communities after the company announced a restructuring and staff cuts earlier this month.
The Largest Holder of the NFT Project Winds of Yawanawa Is Huang Licheng
According to OpenSea data, the NFT project Winds of Yawanawa had a sales volume of $3.9 million (approximately 2493 ETH) in the past week. Yesterday, the trading volume of Winds of Yawanawa on OpenSea was 451 ETH, accounting for 25% of the total Ethereum NFT trading volume (priced in ETH) on OpenSea.
Refik Anadol’s digital art collection Winds of Yawanawa has traded for $3.9 million in the past week
According to OpenSea's data, the latest digital art collection "Winds of Yawanawa" by emerging artist Refik Anadol has generated sales of 3.9 million dollars (2,493 ETH) in the past week.
NFT Artist Ryder Ripps' Attempt to Dismiss Bored Ape Yacht Club Lawsuit Falls on Skeptical Ears
Ryder Ripps, an NFT artist, has failed to dismiss the Bored Ape Yacht Club-related lawsuit against him. During an Oct. 17 hearing, three judges from the United States Court of Appeals for the Ninth District were unconvinced by the arguments presented by Ripps and Jeremy Cahen's lawyer, who argued that the case should have been dismissed on the grounds of free speech.
The Top Three Virtual Asset Classes That Hong Kong People Are Most Interested in Holding Are BTC, NFT and ETH
School of Business and Management at the Hong Kong University of Science and Technology released the results of a public opinion survey on virtual asset investment attitudes, showing that 41% of Hong Kong people said they have no intention of holding any type of virtual asset, about 20% of respondents said they intend to hold virtual assets in the future, and cryptocurrency exchanges (61%) are the most common medium for holding virtual assets.
Web3 Creator Innovation Company Transient Labs Launches New “Shatter” NFT Smart Contract Shatter Contract
Web3 creator innovation company Transient Labs officially announced the launch of a new smart contract "Shatter Contract", aimed at reshaping the NFT collection model. Artists can cast real-world works as 1/1 digital artworks and set a limit on the number of versions of the work. Then the original digital work will be "shattered" and destroyed, and the preset number of NFT versions will be airdropped into the collector's wallet.
Animoca Brands: Will Launch New Game “Formula E: HighVoltage” on the Flow Blockchain on October 19
Animoca Brands announced on its official website that it will cooperate with game development company Amber to launch a new racing management game "Formula E: HighVoltage" on the Flow blockchain on October 19. The cars and related items in the game will be provided to players in the form of NFTs, providing digital ownership.
Yemel Jardi: Although 95% of NFTs are now worthless, the NFT field is far from regressing
Yemel Jardi, the executive director of the Decentraland Foundation, believes that despite 95% of NFTs currently having no value, the NFT field is far from regressing. As people become more knowledgeable about NFTs, their use cases, and practicality, the market will stabilize and the focus will shift from speculative trading to genuine utility and innovation.
