Tag: NFT

August 2024 NFT Market Crash: Examining the 41% Sales Decline and Future Prospects

The NFT market decline shakes August 2024 as sales by 41.36% to $376.30 million, and transactions fell to 7.45 million, reflecting a 50%...

Yuga Labs offloads 2 NFT games amid effort to ‘unshackle’ BAYC team

Yuga Labs, the creator of Bored Ape Yacht Club (BAYC), sells the IP rights of two NFT games, HV-MTL and Legends of the...

Sony’s Breakthrough with Super-Fungible Tokens

 Sony Group is pioneering a revolutionary concept in the digital realm with its latest patent filing. Its super-fungible tokens offer gamers new...

Futureverse and Warner Bros Create Readyverse Studios

Futureverse has collaborated with Waner Bros to develop a multi-metaverse called Readyverse Studios. Readyverse Studios is based on the renowned movie Ready...

Google Play Store to allow NFT games, bans NFTs promoting gambling

Google Play Store has announced it will allow NFT games from video game developers Google also insisted they will not allow NFT games...

NFT adoption in Africa: Challenges and opportunities

In Africa, NFTs remain relatively unknown to the general population. Financial literacy and access to banking services are significant obstacles to NFT adoption...

Japan’s largest airline ANA, launches NFT marketplace

The largest airline in Japan, All Nippon Airways (ANA), has recently launched a Nonfungible tokens (NFT) marketplace. Nonfungible Tokens (NFTs) have been absorbed...

UK Intellectual Property Office clarifies on legal framework governing NFT registration

The UK Intellectual Property Office (IPO) has issued a Public Advisory Notice (PAN) to clarify acceptable terms and classifications for NFTs. As NFTs...

How Artificial Intelligence is reshaping the video gaming industry

Artificial Intelligence has seen a rapid increase in usage recently with more sectors employing the use of AI NFT gaming is one such...

AI tools heighten safety and transparency in the NFT market

There are several risks in the NFT market due to the high increase in cyber theft To combat the risks, several AI tools...

A comprehensive guide to understand, calculate rarity in the NFT market

NFT rarity measures a nonfungible token's uniqueness and scarcity using variables like demand and identifying characteristics. The article also discusses the NFT rarity...

How taxing can apply in the metaverse

There are millions of transactions taking place in the metaverse every day across the globe The metaverse transactions are not taxed considering is...

Spotify creates a “token enabled playlists” feature on the platform

The feature, called "token-enabled playlists," allows non-fungible token (NFT) holders to connect their blockchain wallets and listen to curated music playlists It is...

Web3, blockchain, crypto & NFT primary terms explained

This article defines some of the most popular web3 terms Web3 borrows many of the words from the world of traditional finance and...

Twitter users can now display, buy and sell NFTs on the platform

Twitter's Cooperation with four NFT marketplaces allows users to buy, sell and display NFTs through tweets Twitter' has more than 237.8 million users ...

NFT Scams: Here are crucial elements to look out for as an NFT artists and collector

NFT scams are becoming more prevalent in 2023 and 2024, targeting investors through phishing and rug pulls. Scammers often impersonate trusted platforms and...