Non-Fungible Token Market to Reach USD 81.5 Billion by 2032
The Brainy Insights estimates that the USD 3.5 billion non-fungible token market will reach USD 81.5 billion by 2032. Non-fungible tokens (NFTs) have the potential to provide financial benefits to suppliers as their uses increase in sectors such as supply network administration, retail, and the fashion industry.
The Brainy Insights estimates that the USD 3.5 billion non-fungible token market will reach USD 81.5 billion by 2032. Non-fungible tokens (NFTs) have the potential to provide financial benefits to suppliers as their uses increase in sectors such as supply network administration, retail, and the fashion industry.
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Jump.trade unveils its NFT-based RADDX Racing Metaverse game
Jump.trade, a non-fungible token (NFT) marketplace and gaming platform of GuardianLink, has announced the launch of its metaverse racing game RADDX Racing Metaverse. According to an official release, the collection has different cars and also features Metaverse Digital Lands.
Jump.trade, a non-fungible token (NFT) marketplace and gaming platform of GuardianLink, has announced the launch of its metaverse racing game RADDX Racing Metaverse. According to an official release, the collection has different cars and also features Metaverse Digital Lands.
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Binance NFT Marketplace Ends Support for Polygon in Effort to ‘Streamline'
Crypto exchange Binance today said it would end support for Polygon on its NFT marketplace. In a Friday blog post, the world's biggest crypto exchange said the decision was part of "ongoing efforts to streamline product offerings on Binance NFT Marketplace."
Crypto exchange Binance today said it would end support for Polygon on its NFT marketplace. In a Friday blog post, the world's biggest crypto exchange said the decision was part of "ongoing efforts to streamline product offerings on Binance NFT Marketplace."
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Bored Ape Yacht Club Launches Official License Directory: “Made By Apes Bodega”
The Bored Ape Yacht Club (BAYC), one of the most renowned NFT communities in the digital space, has unveiled yet another exciting venture: the “Made By Apes Bodega”. Announced via their official Twitter handle, this initiative emphasizes BAYC’s commitment to strengthening the bond between NFT owners and the creators.
The Bored Ape Yacht Club (BAYC), one of the most renowned NFT communities in the digital space, has unveiled yet another exciting venture: the “Made By Apes Bodega”. Announced via their official Twitter handle, this initiative emphasizes BAYC’s commitment to strengthening the bond between NFT owners and the creators.
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Bitcoin Metaverse Token Coming From Animoca Game Studio
Crypto gaming and metaverse investment giant Animoca Brands has unveiled plans this week through one of its subsidiary companies to launch a first-of-its-kind metaverse ecosystem token on Bitcoin via the Ordinals protocol. Game studio Darewise Entertainment (aka Life Beyond Studios), an Animoca subsidiary, aims to create an all-encompassing metaverse ecosystem built around Bitcoin Ordinals—a protocol that lets users inscribe NFT-like assets to the blockchain and create BRC-20 tokens on Bitcoin.
Crypto gaming and metaverse investment giant Animoca Brands has unveiled plans this week through one of its subsidiary companies to launch a first-of-its-kind metaverse ecosystem token on Bitcoin via the Ordinals protocol. Game studio Darewise Entertainment (aka Life Beyond Studios), an Animoca subsidiary, aims to create an all-encompassing metaverse ecosystem built around Bitcoin Ordinals—a protocol that lets users inscribe NFT-like assets to the blockchain and create BRC-20 tokens on Bitcoin.
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France Exploring NFT Legislation
The “SREN” bill, which the Senate approved in July, would define a new framework for Web 3 games. These are games based on digital assets such as non-fungible tokens (NFTs) that take advantage of the decentralized nature of Web3, a form of the World Wide Web that uses blockchains and token-based solutions.
The “SREN” bill, which the Senate approved in July, would define a new framework for Web 3 games. These are games based on digital assets such as non-fungible tokens (NFTs) that take advantage of the decentralized nature of Web3, a form of the World Wide Web that uses blockchains and token-based solutions.
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Desi partners with AI lifestyle metaverse platform
A robotic humanoid musician has joined forces with an AI lifestyle metaverse platform to create a virtual entertainment experience for fans. Desi, the robotic humanoid musician, and LightCycle have come together to help revolutionise how music stars and artists connect with fans in the virtual realm.
A robotic humanoid musician has joined forces with an AI lifestyle metaverse platform to create a virtual entertainment experience for fans. Desi, the robotic humanoid musician, and LightCycle have come together to help revolutionise how music stars and artists connect with fans in the virtual realm.
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China’s Trademark Office Grants Approval for NFT and Virtual Asset Trademarks
China’s Trademark Office approves NFT and virtual asset marks, highlighting recognition of their importance. China’s recognition of the growing importance of virtual assets, the Chinese Trademark Office has recently approved several marks related to NFTs and metaverse goods and services.
China’s Trademark Office approves NFT and virtual asset marks, highlighting recognition of their importance. China’s recognition of the growing importance of virtual assets, the Chinese Trademark Office has recently approved several marks related to NFTs and metaverse goods and services.
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PayPal applies for NFT marketplace patent for on- or off-chain asset trading
PayPal made major progress toward creating its own blockchain ecosystem by filing a patent application for a nonfungible token (NFT) purchase and transfer system. The application, filed in March and published Sept. 21, describes a means of carrying out transactions with NFTs, both on- and off-chain.
PayPal made major progress toward creating its own blockchain ecosystem by filing a patent application for a nonfungible token (NFT) purchase and transfer system. The application, filed in March and published Sept. 21, describes a means of carrying out transactions with NFTs, both on- and off-chain.
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Costa Rica Uses NFTs to Fund Coffee Research
A new partnership between the Tropical Agricultural Research and Higher Education Centre (CATIE) and the Specialty Coffee Association of Costa Rica (SCACR) will help launch an NFT collection that is inspired by 12 of CATIE’s coffee varietals to help fund coffee conservation and research.
A new partnership between the Tropical Agricultural Research and Higher Education Centre (CATIE) and the Specialty Coffee Association of Costa Rica (SCACR) will help launch an NFT collection that is inspired by 12 of CATIE’s coffee varietals to help fund coffee conservation and research.
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Clay Nation launches Cardano-Polygon NFT bridge in The Sandbox
The new bridge, launched in partnership with Hong Kong-based metaverse firm The Sandbox, enables Clay Nation holders to use their Cardano-based NFTs as avatars in The Sandbox game on Polygon, while still keeping the NFTs on Cardano.
The new bridge, launched in partnership with Hong Kong-based metaverse firm The Sandbox, enables Clay Nation holders to use their Cardano-based NFTs as avatars in The Sandbox game on Polygon, while still keeping the NFTs on Cardano.
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LayerZero and Magic Eden Join Forces to Boost NFT Industry
According to a release shared with BSC News, LayerZero has teamed up with leading NFT marketplace, Magic Eden, to provide the platform with enhanced interoperability capabilities. Following the integration, Magic Eden users will be able to create and mint ‘Omnichain Non-Fungible Tokens (ONFTs) which can be bought and sold across any and all of Magic Eden’s supported networks.
According to a release shared with BSC News, LayerZero has teamed up with leading NFT marketplace, Magic Eden, to provide the platform with enhanced interoperability capabilities. Following the integration, Magic Eden users will be able to create and mint ‘Omnichain Non-Fungible Tokens (ONFTs) which can be bought and sold across any and all of Magic Eden’s supported networks.
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Metaverse In Automotive to Reach $27.18 billion, Globally, by 2032 at 29.9% CAGR: Allied Market Research
Allied Market Research published a report, titled, "Metaverse in Automotive Market by product (Hardware, Software), Technology (Virtual Reality, Augmented Reality, Mixed Reality), and Application (Simulation, Testing and Designing, Advertising, Online Car Purchasing): Global Opportunity Analysis and Industry Forecast, 2022-2032".
Allied Market Research published a report, titled, "Metaverse in Automotive Market by product (Hardware, Software), Technology (Virtual Reality, Augmented Reality, Mixed Reality), and Application (Simulation, Testing and Designing, Advertising, Online Car Purchasing): Global Opportunity Analysis and Industry Forecast, 2022-2032".
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OKX Partners with Digital Art Fair to Launch Limited-Edition NFT for VIP Ticket Holders in Hong Kong
OKX, a leading global Web3 technology company, today announced the launch of a limited-edition NFT, called 'Digital Art Fair NFT POAP,' available to VIP ticket holders of the Digital Art Fair's Asia Edition 2023 in Hong Kong.
OKX, a leading global Web3 technology company, today announced the launch of a limited-edition NFT, called 'Digital Art Fair NFT POAP,' available to VIP ticket holders of the Digital Art Fair's Asia Edition 2023 in Hong Kong.
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OKX NFT Marketplace Now Supports Polygon zkEVM
The OKX NFT Marketplace, a multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces, now supports the Polygon zkEVM. This integration enables the seamless exploration, management and trading of Polygon zkEVM NFTs with zero fees. To learn more about this integration, click here.
The OKX NFT Marketplace, a multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces, now supports the Polygon zkEVM. This integration enables the seamless exploration, management and trading of Polygon zkEVM NFTs with zero fees. To learn more about this integration, click here.
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September Marks the Worst Month in NFT History
The third quarter of 2023 has been challenging for the non-fungible tokens (NFTs) market, with sales hitting their lowest point since the last quarter of 2020. September alone recorded a dismal sales figure of around $300 million. This downturn is primarily attributed to a significant drop in average sales prices and floor prices of popular collections.
The third quarter of 2023 has been challenging for the non-fungible tokens (NFTs) market, with sales hitting their lowest point since the last quarter of 2020. September alone recorded a dismal sales figure of around $300 million. This downturn is primarily attributed to a significant drop in average sales prices and floor prices of popular collections.
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'Sensorium Galaxy': EDM icon Carl Cox on his upcoming debut DJ set in the metaverse
The legendary British electronic music icon, Carl Cox, will treat fans worldwide on Friday to a mesmerising 30-minute DJ set as part of a free show called "Intermundium." "I truly understood what was possible when I first saw my avatar and literally did a double-take! I thought, 'This is now a reality - or should I say virtual reality?'," explains Cox, whose signature sound is deeply rooted in acid house and techno.
The legendary British electronic music icon, Carl Cox, will treat fans worldwide on Friday to a mesmerising 30-minute DJ set as part of a free show called "Intermundium." "I truly understood what was possible when I first saw my avatar and literally did a double-take! I thought, 'This is now a reality - or should I say virtual reality?'," explains Cox, whose signature sound is deeply rooted in acid house and techno.
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