The Rise of AI-Created Covers and the Role of NFTs
The dawn of a new age, where the famous and the public will be rewarded for AI’s work.
Exclusive: 8 Types Of White label Multichain NFT Marketplaces
This Blog explains About Types of Multichain NFT Marketplaces Art, video, Meme, Real Estate, Music, Sports, Physical Assets.
NFT Futures DEX Tribe3 Secures US$2.1 Million Funding
Tribe3, a social and gamified decentralized NFT futures exchange, has raised US$2.1 million from leading Web3 VCs and strategic investors to drive the next phase of its development, including launching public beta (app.tribe3.xyz) on 3rd May 2023, accelerating growth, and scaling up operations.
Blockchain Gaming: How Decentralization and NFTs are Transforming the Industry
By leveraging blockchain technology, game developers can create decentralized gaming platforms that enable users to interact directly with one another, without the need for intermediaries or centralized authorities.
FIFA Launched AI-powered Mobile Soccer Game with Plans for NFT Integration
FIFA has launched the open beta version of its World Cup AI League, a mobile strategy soccer game that uses AI for characters, cosmetics, and gameplay elements.
Punx: Steve Aoki and 3LAU's Crypto-Inspired EDM Project on Royal Web3 Platform
Electronic musicians Steve Aoki and Justin “3LAU” Blau have formed a new collaborative project called Punx, which draws inspiration from the CryptoPunks NFT collection. Their first track “Concentrate” will be released on Web3 music rights platform Royal, with 99 NFTs up for trade after issuance. Half of all royalties from the track will be split among 99 NFT collectors chosen from among Blau’s NFT holders, Aoki’s A0k1verse Passport NFT holders, and CryptoPunks NFT holders, in an effort to democratize ownership of the song. Blau is also the co-founder and CEO of Royal, which aims to grant music fans the opportunity to support their favorite artists with NFTs that grant them rights to a percentage of a song’s royalties. Both Blau and Aoki have made numerous moves across the Web3 world and share an affinity for this technology.
Blockchain and Crypto Leaders Converged at DAO Tokyo As Japan Increases Adoption
Japan’s regulatory and political environment for crypto and Web3 technologies has been evolving rapidly over the past several years. The Financial Services Agency of Japan reported in December 2022 it planned to lift restrictions on foreign-issued stablecoins in Japanese exchanges, which could have significant implications for the decentralized finance (DeFi) ecosystem in Japan and the wider region.
Crypto Community Split on Coinbase NFT’s Push for ‘Sensible Crypto Policy’
Coinbase has launched an NFT campaign called "Stand with Crypto" after filing a court action to compel the SEC to answer its rulemaking petition. The NFTs represent the community's stand to protect and promote crypto's potential and become the symbol for seeking sensible crypto policy. However, some have expressed criticism, with some uncertain about the NFTs' impact and others pointing out that similar pushes for crypto-friendly regulation have been made before. Nevertheless, the campaign has garnered considerable support, with over 15,000 mints and more than 7,000 owners according to NFT marketplace OpenSea. Coinbase has been pushing for pro-crypto policy in the US, launching a grassroots campaign in February to support the advancement of crypto and Web3.
NFT Traders Averaging 1k ETH Loss per Day — Blue Chip NFTs Floor Price Tanks
Traders of non-fungible tokens (NFTs) are currently experiencing losses, with traders averaging a daily loss of 1000 ETH, according to data shared by NFTstastics. The chart only focuses on secondary sales of NFTs and not first-time mints. This is a stark contrast to the market in 2021 when NFT trade gains peaked in August, with traders averaging profits of about 30,000 ETH daily. However, since May 2022, traders have mostly been selling their digital assets at a loss. The floor price of several NFT collections has also significantly fallen from previous highs, with Bored Ape Yacht Club, Cryptopunks, Mutant Ape, CloneX, RTFKT, Doodles, and Meebits experiencing double-digit drops in the last 30 days. The only exception was Azuki, which rose more than 13% during the period.
NFT Lending and Renting in Blockchain Games
NFT lending and renting involves borrowing or renting non-fungible tokens (NFTs) for a fee.
