MoonPay and Howard Hughes Launch NFT Scavenger Hunt in NYC's Seaport District, With Technical Glitches Quickly Resolved

Manhattan's Seaport District has launched a scavenger hunt with NFT rewards in collaboration with Moonpay and Howard Hughes Corporation. The aim is to increase engagement in the tourist-friendly area and introduce the benefits of digital assets. Participants must scan QR codes in ten hidden areas to unlock NFTs and have the chance to win weekly prizes.

Winners can trade prizes on secondary marketplaces, such as Rarible or OpenSea. Despite technical glitches, the blockchain-based initiative has been praised for boosting New York's reputation as a technology and innovation hub.

MoonPay

Original Link

Comments

All Comments

Recommended for you

CointimeSG ·

This Is The Year Of Bitcoin, Not Ethereum

Also Good Performance For The Miners And The US Economy Keeps Humming Along From the 2023 bear market bottom, Bitcoin has rallied almost 500%. Breaking the $100,000 mark will likely have a significant psychological impact on investors. After 15 years and a $2 trillion market cap, even Bitcoin's strongest critics will struggle to maintain their Ponzi scheme arguments.
Chainlink ·

Chainlink Digital Asset Insights: Q3 2024

The Chainlink standard continues to see adoption across the tokenization landscape, with recent developments in Q3 underscoring how Chainlink’s decentralized infrastructure plays a pivotal role in enabling smart, scalable, and secure tokenized real-world assets (RWAs).
CointimeSG ·

Texas judge tosses out SEC's expanded 'broker' rule, which broke with 90 years of legal tradition to rope in crypto traders

A Texas court has order the U.S. Securities and Exchange Commission to throw out a controversial rule that broadly redefined the term “dealer” in a move that impacted both crypto-focused and traditional finance firms.
CointimeSG ·

Trump Media hints at crypto trading, payments in TruthFi trademark filing

The new trademark filing from Trump Media and Technology Group mentions digital wallets, cryptocurrency payment processing services, and a digital asset trading platform.
CointimeSG ·

Exness wins “Best Retail FX Broker” at Finance Magnates London Summit 2024

Exness’ participation at FMLS:24 highlights its commitment to advancing the B2B space.
CointimeSG ·

Sui Network is back up after facing 'major outage' for nearly two hours

Sui Network was down for nearly two hours due to “a bug in transaction scheduling logic.” A fix was issued, and the network is now back up.
NFT market total sales fell 26.2% to $46 million in June

On July 8th, Binance Research's latest report showed that the crypto market experienced a significant downward trend in June 2024, with an overall decline of up to 11.4%. Due to the market downturn, the TVL (total locked value) of DeFi decreased by 8.7% in June. The NFT market also continued to be sluggish, with a total sales volume of $46 million in June, a decrease of 26.2% compared to May. The monthly sales volume of DMarket, the in-game item trading platform for Mythos, was the highest at $18.9 million, followed closely by CryptoPunks with sales of $16.1 million. The sales of top-tier ordinal series such as BitcoinPuppets and NodeMonkes decreased significantly, by 40.6% and 41.0%, respectively. BoredApeYachtClub's monthly sales volume slightly decreased, while PudgyPenguins performed better than the market, rising by 68.9%.
NFT sales on the Ethereum chain exceeded US$350 million in January, down 2% from December

According to the latest data from Cryptoslam, the sales of NFTs on the Ethereum blockchain in January reached about $356 million, a decrease of about $7 million from December, a decrease of about 2%. In addition, the transaction volume of NFTs on the Ethereum blockchain in January reached 929,000 transactions.
NFT sales on the Bitcoin chain exceeded US$335 million in January, setting the third highest single-month record to date

According to Cryptoslam data, as reported by Jinse Finance, the Bitcoin blockchain NFT sales in January 2024 exceeded $335 million, with a trading volume of nearly 250,000 transactions, including over 67,000 independent sellers and approximately 78,000 independent buyers. Historical data shows that January 2024 is the third-highest single-month record on the Bitcoin blockchain to date, surpassed only by the highest record of approximately $869 million set in December 2023 and the second-highest record of approximately $376 million in November 2023.
CoinGecko: NFT trading volume will drop by $14.5 billion month-on-month in 2023

According to a report by CoinGecko, NFT transaction volume in 2023 will be less than half of that in 2022, dropping from $26.3 billion to $11.8 billion, a decrease of $14.5 billion. The dashboard of Dune Analytics shows that the transaction volume of OpenSea, the leader in the NFT market, exceeded $2 billion for 9 consecutive months between 2021 and 2022, but shrank to about $170 million in December 2023. Rohan Handa, the NFT director of Mysten Labs, said that the decline in the field was caused by poor macroeconomic conditions and notable collapses, which weakened the public and investors' confidence in the unstable crypto industry.