Tag: NFTs

Crypto-football love affair grows ahead of 2022 Qatar World Cup

France's Karim Benzema received a non-fungible token (NFT) for the 2022 Ballon d'Or The most visible connection between crypto and football is the...

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

Instead of getting artwork from galleries,  buyers are receiving digital files. This gives them exclusive ownership of the NFT since an NFT...

Bitcoin, El Salvador make headlines in the Guinness world records 2023

Bitcoin earned a Guinness world record 2023 recognition as the most valuable  decentralized cryptocurrency El Salvador received recognition as the first country to...

How socially antisocial can the Metaverse be

The average price of a parcel of land in major metaverse platforms has increased from US$1265 to US$12684 Ubuntuland, Africa's Metaverse, is a...

African Artists using NFTs to promote their culture to the world

African artist Fhatuwani Mukheli stated that NFT did not limit or devalue an artist's work; on the contrary, it presented a great opportunity ...

Beyond Art: Non-Fungible Tokens (NFTs) are proving their value in the world of crypto

NFTs offer the potential for a variety of applications. They are, for instance, an excellent vehicle for digitally representing actual assets such as real estate and artwork. NFTs, since they rely on blockchains, may also be used to eliminate intermediaries and link artists to their fans, as well as for identity management. NFTs have the potential to eliminate intermediaries, streamline transactions, and generate new markets.

NFTs and blockchain crucial in concept of an African Metaverse community

While the concept of a metaverse may seem like something out of a movie, something a bit too far-fetched, it has the support of...

The metaverse economy: NFTs spur growth of societies within immersive virtual worlds

The economy in the metaverse banks relies on digital properties' authentication. These properties include one's metaverse home, automobile, farm, books, clothing, and furniture. The metaverse economy also requires the capacity to travel freely and trade between worlds with various laws and rules to thrive.

The metaverse and the evolution of modern technology

The metaverse is a virtual space that connects several platforms, similar to how the internet connects various websites that offer access through a single...

Partnership empowers 10,000 African startups to build technology solutions and businesses for Africa

Known as the African Startup League, the initiative will empower 10,000 African-owned enterprises to compete for a grand prize of $1 million, where each business will build technologies on the blockchain.

Shopify adds token gating for NFTs

Shopify has added a store feature, token-gating that allows NFT creators to have exclusive access to merchandise and content based on verifying ownership of NFTs

Binance partners with TikToker Khaby Lame, Christiano Ronaldo to boost crypto and NFT adoption

Partnering with Christiano Ronaldo and Khaby Lame will allow Binance to capture a big audience in the football and TikTok scenes. Football is the most-watched game in Africa and the world at large. TikTok is the fastest-growing social media video uploading site globally.

Blockchain and the metaverse: A symbiotic relationship with unending possibilities

Even though many metaverse sites provide free accounts, anyone buying or selling virtual goods on blockchain-based platforms must utilize cryptocurrency.

The Weeknd-Binance world tour integrates NFTs, Web3 to battle food crisis

To help launch the XO Humanitarian Fund, The Weeknd made an initial donation of US$500,000 to the program. In addition, the multi-award winning star is contributing US$1 from each ticket sold in the anxiously awaited After Hours Til Dawn stadium tour. The World Food Program USA's Board of Directors, together with donors, will contribute US$1 million in recognition of the fund's lifesaving impact,

Africans join the US$21.5 billion NFT party

The trade volume of NFTs in 2021 was about US$21.5 billion, higher than the cumulative volume of US$120 million before 2021 Among the...