The largest cryptocurrency exchange in the United States, Coinbase, has announced the start of beta testing of its own NFT platform. As of today, it is known that more than 8M users who have already pre-registered are waiting for the launch of a platform for trading non-fungible tokens. Coinbase...
South Korean automaker Hyundai has announced a collaboration with the Meta Kongz project to create a limited collection of 30 non-fungible tokens. The issue is dedicated to the company's first compact car, the Pony. It is expected to take place in May. In an animated teaser, Hyundai showed a model...
NFT avatar-focused project Genies closed a $150M funding round led by Silver Lake. Investors valued the firm at $1 billion. Genies provides users with the ability to create virtual avatars. The latter can be used in the metaverses along with various items in the form of non-fungible tokens. The...
Twitter Founder Jack Dorsey's first tweet in the form of an NFT was posted on OpenSea for 14,969 ETH. Its owner, Bridge Oracle founder Sina Estavi, intends to donate at least $25 million to charity if sold. Estavi can earn at least 1555%. At the time of writing, no users have applied to purchase....
The OpenSea marketplace has integrated support for Solana NFTs released on the blockchain in beta mode with “limited collection coverage.” At the end of March, the team promised to start the process with Nyan Heroes and Turtles. Currently, OpenSea supports 865,000 tokens from 165 NFT...
Payments giant Visa has launched an NFT business development education program. The initiative is designed for a year and is aimed at artists, musicians, fashion designers, and filmmakers. Visa's head of crypto, Cu Sheffield, said the company hopes to understand the prospects and challenges...
The Japanese company Line, the operator of the messenger of the same name, announced the launch of the NFT marketplace on April 13, 2022. The LINE NFT platform was created based on LINE Blockchain's network. Users will store assets in the BITMAX Wallet. It is planned that at launch, more than 100...
The founder of the well-known NFT project NeoNexus, Jack Shea, announced the termination of a startup operating based on the Solana blockchain. The man stated this on his official Twitter account, noting that the main reason for such a sharp decision was the sudden drop in prices for the SOL...
US video game console and game retailer GameStop has announced that it will launch an NFT marketplace before the end of the second fiscal quarter of 2022. The firm first announced the initiative in February. The platform will be based on the second-level Ethereum solution from the Australian...
The Rarible NFT marketplace has added support for assets issued on the Polygon second-tier network. The integration brought the number of platforms used by the protocol to four, along with Ethereum, Tezos, and Flow. Rarible said that as part of the partnership, the NFT and gaming division of...
An unknown person donated an NFT from the CryptoPunks collection to the Ukrainian crypto fund. The token is valued at over $200,000. Deputy Minister of Digital Transformation of Ukraine for IT Development Oleksandr Bornyakov valued the token at 56 ETH (~$148,000). He likely refers to the cost of...
The content subscription service OnlyFans, which is very popular in the "adult entertainment" industry, is empowering its potential creators. According to an official statement from the developers, the startup has added a feature that allows you to set non-fungible tokens as a profile...
The New York Stock Exchange has filed a trademark application for a non-fungible token (NFT) marketplace and virtual goods. In April 2021, the site released an NFT "in honor of the IPO of high-tech American companies." Each token contains Spotify, Snowflake, Unity, DoorDash, Roblox, and...
The NFT platform Cent has suspended trading. The reasons for this decision were the sale of copied and fake NFTs from users who do not have the rights to tokenized content. The head of the marketplace Cameron Hijazi called it a "fundamental problem" in the booming digital asset...
The NFT space is rife with silliness and scams that were inherent on the internet from its inception to its significant transformation. This was stated by Brave CEO Brendan Eich in an interview. “We are in the early stages of Web 3.0 and nobody knows what that means. Especially in the case of...
The famous American rapper, music producer, composer, and designer Kanye West published a post on his Instagram account where he spoke negatively about non-fungible tokens. So, the man shared with his subscribers a photograph of an ordinary white sheet with some text. If you carefully read the...
Recently, the NFT space has been actively replenished with new supporters - from ordinary "Instagrammers" to world-famous corporations. For example, the Italian manufacturer of expensive sports cars Lamborghini recently announced that their company is preparing to launch an unusual...
Adidas Originals and Prada have teamed up again to create a new product. So, just recently, the companies released a joint collection called Re-Nylon, which is branded items made from innovative textiles, created from recycled plastic waste and textile fiber waste. Less than a month after the...