Telegram, the popular instant-messaging platform, announces its plan to tokenize stickers and emojis, transforming them into NFTs on the TON blockchain. This move follows Telegramβs recent tokenization of usernames and anonymous numbers, which allowed users to claim up to 95% of sales revenue. By extending tokenization to stickers and emojis, Telegram aims to further integrate the app with the TON blockchain, leveraging its scalability and further provide communication solutions to its expansive user base.
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π―π΅ SBI Group in Japan Plans to Release NFTs on the XRP Ledger
Japanβs SBI Group is looking to issue non-fungible tokens (NFTs) on the XRP Ledger during the World Expo 2025 in Osaka, Japan. The NFTs will feature the official character of the Expo, βMYAKU-MYAKU,β and will be distributed to millions of visitors attending the event. These NFTs will have no cash value and cannot be bought or sold, but will come with proof of authenticity. Visitors can obtain NFTs by completing missions at the Expo and using the Expo mobile payments app.
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Japanβs SBI Group is looking to issue non-fungible tokens (NFTs) on the XRP Ledger during the World Expo 2025 in Osaka, Japan. The NFTs will feature the official character of the Expo, βMYAKU-MYAKU,β and will be distributed to millions of visitors attending the event. These NFTs will have no cash value and cannot be bought or sold, but will come with proof of authenticity. Visitors can obtain NFTs by completing missions at the Expo and using the Expo mobile payments app.
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Casting a spotlight on the NFT space yet again, Louis Vuitton recently introduced a premium western-inspired leather jacket accompanying an Ethereum-based NFT collectible dubbed βVarsity Blousonβ. The apparel boasts suede buckskin, shimmering fasteners, and an intricately embroidered emblem, encapsulating the current enthusiasm for βcowboy feverβ, as per Vogue, and the high-end collectorβs market.
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One of the most popular and dominant football clubs on the planet, Manchester City has announced that its partnership with the OKX cryptocurrency exchange has led to the release of new non-fungible tokens (NFTs). Specifically, the two sides are collaborating on new commemorative football shifts that would be available as digital collectibles.
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Square Enix, the video game giant behind the Final Fantasy and Kingdom Hearts franchises, announced Monday that it has signed a collaboration agreement with prominent metaverse investment firm and crypto game publisher Animoca Brands. The firms will work together to expand the game publisherβs Ethereum NFT game Symbiogenesis to a broader global audience. Specifically, Animocaβs newly established subsidiary, Animoca Brands Japan, will work with Square Enix on combined marketing efforts, including collaborations with some of the 400+ projects in Animocaβs portfolio.
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The popular DeGods NFT collection may be set to make a shock homecoming. In 2022, DeGods shot into the limelight on Solana, becoming the most prominent and arguably the most successful NFT collection on the network. In Q1 2023, however, while Solana reeled from the knock-on effects of FTXβs collapse in light of their strong ties to the exchangeβs founder, Sam Bankman-Fried, DeGods decided to migrate to Ethereum supposedly to explore new opportunities.
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Crypto Champion, a web3 mobile and browser-based game, officially launches today after nearly three years of development. The game incorporates a dual-token system and features arena battles with five races to choose from β Undead, Elite Military, Cyberpunk, Western, and Fantasian β each with distinct traits and abilities. Crypto Champion also includes a pet system that players can evolve into NFTs to be traded or sold.
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The lending market based on non-fungible tokens (NFT) as collateral surpassed $2 billion in volume during the first quarter, sustaining growth of 44% compared to Q4 2023, according to a CoinGecko report.
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Kokodi Inc, a modern video game company, is the mastermind behind the Mask NFT Mint. Itβs the projectβs second collection for an upcoming extraction shooter game built by the developer. While the first collection is all about individual game characters, the Mask NFTs give the characters special bonuses and magic powers, making the gameplay stronger and helping players in the Raid mode against enemies like mobs and NPCs.
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Celebrities often venture into uncommon realms seeking innovation. For Justin Bieber, the Non-Fungible Tokens [NFTs] space became a captivating pursuit. While the journey started strong, the volatile nature of the market has transformed it into a cautionary tale. Justin Bieberβs NFT portfolio, once valued at over $2 million, now languishes at a meager fraction barely exceeding $100,000.
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Buyers of former President Donald Trump's "Mugshot Edition" NFTs have had their bonus Bitcoin Ordinals inscribed, the company behind the polarizing figure's non-fungible token collections said Friday. "We announced that certain buyers of the Mugshot Edition would be eligible for a one-of-one Trump Bitcoin Ordinal as part of their purchase," the company said in a post to X. "We are pleased to announce they are officially inscribed on the Bitcoin blockchain forever."
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European tweens are increasingly willing to spend money in the metaverse to buy virtual products. Almost half of eight- to 12-year-olds have already bought a digital product, and a third are even willing to spend their own money. Thirty-seven percent of young European parents whose children play in the metaverse say their child has spent money (their own or their partnerβs) on digital products, according to the latest YPulse survey.
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PayPal has announced revisions to its Seller Protection Program, with notable changes affecting Non-Fungible Token (NFT) transactions starting May 20. Under the updated terms, PayPal will no longer protect NFT transactions, including those exceeding $10,000. This decision marks a shift in the companyβs approach to buyer protection within the NFT market, indicating the industryβs growing maturity.
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A digital artwork by humanoid robot Sophia was sold at auction on Thursday for $688,888 in the form of a Non-Fungible Token (NFT), the latest sign of a frenzy in the NFT art world. NFTs, a digital signature saved on blockchain ledgers that allows anyone to verify the ownership and authenticity of items, have become the latest investment craze, with one artwork selling this month for nearly $70 million.
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Adidas has partnered with the Solana-based fitness app Stepn to launch an exclusive NFT sneaker collection, signaling the sports giant's further dive into the Web3 space. Adidas, the sports footwear and apparel company, has partnered with Stepn, a Solana-based fitness app, the latter said on Monday, as per Newsjani. The collaboration will begin with a batch of 1,000 NFTs known as the Stepn x Adidas Genesis Sneaker Collection. According to a news release, it is based on some of the "most iconic running silhouettes."
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Holograph, an omnichain tokenization protocol that mints NFT assets that can be utilized across multiple chains, announced Monday that it has raised a new strategic round of funding as it expands into the growing blockchain gaming space. The latest round of funding amounts to $3 million, and was led by Mechanism Capital and Selini Capital. The strategic round pushes Holographβs total funding to date to $11 million.
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UXLINK, the leading SocialFi platform, is thrilled to unveil its highly anticipated first season of airdrop events. This initiative is set to captivate over 550,000 community contributors, marking a significant milestone as one of the largest airdrop events in 2024. With a user base exceeding 5.5 million, UXLINK aims to involve about 10% of its active users in the upcoming airdrop. This event will kick off with four NFT series, representing a pioneering step in the Socialfi realm and a notable development for web3.
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AnimeChain project in March, the AnimeCoin Foundationβthe group behind the eponymous tokenβlaunched a web-based game called Gacha Grab on Monday. Like a virtual slot machine inspired by Japanese gachapon toy vending machines, βGacha Grabβ tasks players with spinning the dial to earn points and prizes, including one of eight digital Gachapons each with a different reward level. Each spin in Gacha Grab costs 100 credits and grants one Gachapon collectible.
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Sales of non-fungible tokens (NFTs) experienced a 31.26% decline in April from the revenues recorded in March. Last month, statistics show that NFT transactions across several markets totaled approximately $1.15 billion in sales. As April concluded and May commenced, data reveals that NFT sales for the previous month reached about $1.15 billion, reflecting a 31.26% decrease from March. The number of NFT purchasers also fell by 51.88%, while sellers saw a 45.72% reduction in the same period.
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