OpenSea Teases April Integration of Solana NFTs
NFT traders will be able to buy and sell Solana NFTs on OpenSea's website starting next month, the firm hinted in a video promo it posted on Twitter.
Pranksy Partners With Sorare To Launch PranksyPlays
Pranksy Plays is now live in partnership with Sorare, taking over everyone’s social feed with exciting games and promotions for applications and non-fungible tokens.
Crypto Evening Briefing: Do Kwon Extradition Sought by U.S., South Korea, Montenegro Justice Minister Says
The extradition of TerraForm Labs founder Do Kwon from Montenegro has been requested by both the U.S. and South Korea, Justice Minister Marko Kovac said at a Wednesday press conference.
Polygon To Help Fight NFT Scams With Web3 Infra Protocol Partnership
Wakweli, a web3 infrastructure protocol that issues certificates of authenticity for non-fungible tokens (NFT), has partnered with blockchain platform Polygon to make NFT authentication possible. Under the partnership, all digital assets on Polygon will be compatible with Wakweli's certification system, and NFT project holders on the Polygon chain will be able to request authenticity certificates for each of their assets. Staking the utility token of Wakweli, WAKU, is necessary to create a certificate request, with the amount to stake dependent on the level of trust needed for each case. Wakweli's testnet will be available in April and can be used with Polygon's Mumbai testnet. Alpha testing with Polygon's mainnet will begin in Q2 2023, and general mainnet compatibility is expected to be ready by Q3 2023. The partnership aims to enhance the security of the digital ecosystem by providing a medium for detecting counterfeit NFTs.
UK NFT Dropped Over Lack of Demand, Finance Minister Hunt Says
The UK government has dropped plans for a non-fungible token (NFT) issued by the Royal Mint due to concerns over demand, according to Finance Minister Jeremy Hunt. The Royal Mint was initially tasked with creating the NFT in April 2022, but the government announced on Monday that it had decided to drop the project. Hunt cited the changing landscape of the NFT space and the government's uncertainty over demand as the reasons for the decision. Despite this, the UK government remains committed to its crypto hub ambitions and has not been deterred by the recent downturn in the crypto market.
Freeport Clears SEC Reg a Review for Tokenized Art Offerings
Non-fungible token (NFT) startup Freeport has received regulatory clearance from the US Securities and Exchange Commission (SEC) to launch its blockchain platform for crowd-ownership of a four-piece collection of Andy Warhol prints. The platform will allow retail investors to gain fractional ownership of the fine arts market, which is typically exclusive to high-net-worth individuals due to pricing. Each piece consists of 10,000 shares, with a minimum purchase of 10 per individual, allowing up to 1,000 individuals to own a piece of the Warhol art. Freeport's CEO and co-founder, Colin Johnson, believes that as more value moves on-chain, fractionalized art is increasingly being sought after by a younger, less financially flexible class of investors. The SEC clearance allows Freeport to raise $20 million in 12 months in a Tier 1 offering or $75 million in 12 months in the more stringent Tier 2 offering, under the Regulation A exemption.
NFT Certification Protocol Wakweli Seals Polygon Collaboration
The deal means that all digital assets on Polygon will be compatible with the certification system that Wakweli has developed. Every NFT project holder on the chain will also be able to request authenticity certificates for each of their assets.
NFT Project Wassies Launches an Innovative Pop-Up Hotel
NFT project Wassies has delivered a pop-up hotel in Singapore to introduce NFTs to a wider audience in the real world. The hotel will have six floors and 55 rooms, with 49 rooms having Wassie-based themes and six rooms depicting Wassies and Friends such as CryptoPunks, Azukis, and Nouns. The rooms and corridors have artworks displayed, created by the Wassie community. NFT holders will receive free coffee daily from a Wassie-themed café, and there will be discounts on beverages and a 20% waiver on room bookings. The per-night price starts from $112. The project aims to trial the utilization of the Wassie IP through various verticals, with Singapore as a testing ground. The floor price of the Wassies by Wassies collection has increased by 20% from March 24.
Introducing Bicasso: An Innovative AI NFT Generator
Binance Bicasso is a new AI NFT generator. It allows users to create a customized image generated by AI simply by submitting text or an image.
NFT Collection Y00ts Makes Anticipated Move From Solana to Polygon
Popular non-fungible token (NFT) project y00ts has started the migration process from its native Solana blockchain to the Polygon network in a move meant to speed up transaction times and reduce network fees.
