Salvor Secures $1M for Prime NFT Lending Platform on Avalanche

Salvor, a peer-to-peer (P2P) NFT and memecoin lending platform, has joined the Avalanche Rush Program and received up to $1 million in $AVAX from the Avalanche Foundation.

Operating on the Avalanche C-Chain, Salvor offers a dynamic lending and borrowing marketplace  where participants can use their NFTs and memecoins as collateral—enhancing liquidity and financial flexibility across the Avalanche network.

The Avalanche Rush Program — a liquidity mining initiative active since 2021 — has significantly boosted Avalanche’s DeFi ecosystem by enhancing accessibility, decentralization, and cost efficiency.

Through this initiative, Salvor participants can earn points for tasks like creating loan offers, borrowing, and trading. These points can be redeemed for rewards in $AVAX or Salvor’s $ART token.

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Ghana Post Marks King’s 25th Reign with NFT-Linked Stamps

Yesterday, Ghana Post began embracing tradition and tech with NFT-linked postage stamps, marking King Otumfuo Osei Tutu II’s Silver Jubilee.

Each of the 7,200 Crypto Stamps available, valued at 250 Ghanaian cedi ($18), integrates cultural motifs with blockchain technology, offering a tribute to the King’s 25-year reign.

Other Ghana Post collections, without NFT counterparts, are available at lower prices. However, the postal service does offer a conventional gold frame stamp priced at an eye-boggling 100,000 cedi ($7,200).

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Funko Presents ‘Funime and Cosplay’ in Latest Digital Pop! Drop

Following its recent NFT drop of Warner Bros Horror series, Funko launches its ‘Funime and Cosplay Series 1’ Digital Pop!

Kicking off on May 10 at 11:00AM PT, the drop consists of NFT card packs containing your favorite Funko Pop! characters in anime cosplay, ranging from Common to Grail in rarity.

Collectors who find specific rare cards will be eligible to redeem the physical Funko Pop! figures.

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Bald and Bold: CryptoPunk #741 Sale Nears $800K

Yesterday, CryptoPunk #741—renowned for its total lack of hair — found a new home in the collection of digital art enthusiast “Rockefellercap”, who acquired it for a staggering $791,000 (270 ETH) in a noteworthy sale.

Among collectors, CryptoPunk #741’s style and steep price tag underscore the allure of elusive and coveted NFTs.

The Punk stands out with its unusual design, featuring a completely bald head and a simplistic, featureless face. Only eight out of the 10,000 pieces in the collection showcase this minimalist aesthetic.

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Telefónica’s NFT Marketplace Now Supports Coffee Sustainability

The Telefónica NFT Marketplace has recently added a fresh batch of NFTs created by Harvverse that target social issues in the coffee industry.

Harvverse is using the metaverse to innovate Latin America’s coffee sector, linking producers and consumers for transparency, fair pricing, and easy access.

Supporting this initiative, Telefonica’s marketplace now features the metaverse’s ‘Green’ and ‘Carbon’ NFTs, each comprising 10 digital collectibles, to promote sustainability and resource management.

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NFT Marketplaces, Airbnb and Nike Now Accepts Shiba Inu

Popular meme coin Shiba Inu ($SHIB) has expanded its use as a payment method, now being accepted by major brands including Airbnb and Nike, as well as various NFT marketplaces following its integration with Polygon and Binance Smart Chain (BSC) in partnership with CoinGate.

CoinGate is a cryptocurrency payment gateway that connects digital currencies with traditional businesses, enabling retailers to accept cryptocurrency payments and this recent integration allows $SHIB holders to use their assets for a variety of real-world purchases.

The payment gateway announced this integration on X, encouraging the Shibarmy to try out these purchases using their $SHIB holdings.

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Château d’Esclans and BlockBar Auctions First Garrus Rosé NFT

Château d’Esclans — a leader in rosé wine production and made popular for their wines such as Whispering Angel, Rock Angel and Les Clans—partners with BlockBar to auction the first NFT barrel of their renowned Garrus rosé.

BlockBar, a marketplace for authenticated wines and spirits, is organizing the auction and marks the combination of traditional winemaking with blockchain technology.

The 2023 vintage barrel of Garrus will be divided into four quarters with each representing 150L, or 200 standard 750ml bottles, which can be bottled in various formats including Magnums, Jeroboams, and six-liter Methuselahs.

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Apeiron Exposes $1M Prize-Packed NFT Gaming Tournament

The Ethereum-based NFT game Apeiron, developed by Foonie Magus, just unveiled its upcoming gaming tournament — ‘Apeiron Guild Wars 2024’.

Featuring rogue-lite dungeon card battles with nods to classic god games like ‘Populous‘ and ‘Black & White’, Apeiron offers a fast-paced gaming experience.

Launching on May 21, its Guild Wars event promises an exhilarating journey, boasting a staggering $1 million prize pool, comprising both USD and sought-after NFTs.

Guilds (teams) will engage in fierce competition for dominance until July 2. Then, the exhilarating SEA Invitational will take place from July 11 to 14, followed by the NA Invitational on July 18 to 21.

Following these intense online battles, the top 12 Guilds will convene in Hong Kong for the ultimate gaming showdown in Q3 2024, vying for the prestigious prizes.

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FC Barcelona NFTs to Join Moca Museum’s Amsterdam Exhibit

On April 25, Moca launched an exhibit of FC Barcelona’s NFTs “In a Way, Immortal” and ‘Empowerment’ at its Barcelona museum. In light of its success, these digital artworks will begin showcasing in Amsterdam on May 30.

Both of these non-fungible collectibles are part of FC Barcelona’s esteemed ‘Masterpiece’ collection, which Barça Vision initiated. 

Moca Museum’s Amsterdam exhibit will include these digital tributes to unite historical reverence with modern technology and pay homage to pivotal moments and figures in the football club’s history.

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Welly Refresh NFT Collection With Beautiful Hand-Drawn Art

SHIB, a leading ecosystem of DeFi cryptocurrencies held by millions worldwide, have announced an art refresh for the Welly Friends NFT collection, a series of innovative NFTs supporting the popular Italian fast food restaurant & catering chain, Welly.

Originally created in 2022 as a way to support their growing restaurant franchise, SHIB have completed redesigned their Welly Friends NFT collection from 3D renderings to beautiful, hand-drawn art, infused with rich details that builds new narratives for the Welly World universe.

SHIB’s ecosystem includes the popular $SHIB, $LEASH and $BONE tokens, plus the native SHIBOSHI and SHEboshi NFTs.

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Web3 RTS Game ‘Wild Forest’ Announces Pre-Release NFT Sale

Wild Forest, a web3 real-time strategy game on Ronin has announced its pre-release NFT sale ahead of its global launch and the expected distribution of its $WF token.

The NFT sale will begin with a whitelist opening at 11:00 UTC, followed by the public sale at 15:00 UTC on May 23. Three types of packs will be available: Standard Pack (10 $RON), Premium Pack (40 $RON) and the Founder Pack (120 $RON).

A total of 13,200 Packs will be available for sale, and Wild Forest community members will receive allowlist access to mint Packs before the first-come, first-served portion of the public sale begins.

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Oasys Gears Up NFT Game of Manga Series ‘Captain Tsubasa’

An NFT-enhanced version of the beloved soccer manga series ‘Captain Tsubasa’ is now live on the gaming-centric blockchain network Oasys. 

Developed by Mint Town, Co., Ltd. and BLOCKSMITH&Co. —subsidiaries of the mobile gaming giant KLab Inc. — Captain Tsubasa -RIVALS- offers fans a novel way to engage with one of Japan’s most iconic Anime-styled soccer stories. 

To celebrate the game’s launch on Oasys, GENESIS NFTs are now available to enhance the energy of players and unlock rewards based on the number of collected assets.

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Yuga Labs Abort ‘Super Punk World’ NFT Auction Following Backlash

The prominent CryptoPunks series recently faced significant pushback over a controversial art addition, leading the masterminds behind the NFT brand—Yuga Labs—to quickly cancel the auction for ‘Super Punk World’ NFTs. 

Amidst the turmoil was Nina Chanel Abney’s contribution to the project, as part of Yuga Labs’ innovative Punk in Residence initiative. Her “woke” artworks quickly attracted criticism, prompting Yuga Labs to stop the collection’s advancement. 

Super Punk World aimed to blend the avant-garde NFT sector with classical art. However, public reception deviated sharply from expectations.

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Ragnarok: Monster World Announces Schedule for Nyang Kit NFT Mint

Ragnarok: Monster World has recently announced the Nyang Kit NFT Mint event scheduled on May 28 at 9:00 EST according to a blog post by Ronin, the EVM-compatible network developed by Sky Mavis.

This new kit is set to reinvigorate the game’s ecosystem by bringing back Nyangvines, a feature well-known to veteran players but now returning with new twists to provide players with new opportunities and exclusive rewards, and enhance the overall gameplay experience for its dedicated community.

A Nyang Kit is said to be more than just an NFT; it is a gateway to a host of opportunities within the Ragnarok: Monster World ecosystem.

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World’s First ‘Snap-to-Earn’ Photography App Widens Its Scope

SNPIT — claimed to be the world’s first Snap-to-Earn platform, which rewards users for their photo submissions using blockchain technology—is expanding its global footprint. 

Since its debut last year, the SNPIT app, available on Google Play and iOS, has seen remarkable success in Japan. In just 21 hours, it sold 10,000 Camera NFTs at 150 $MATIC each and attracted over 300 new users.

Camera NFTs are digital assets within the SNPIT platform that offer a Game-Fi experience. They allow users to earn crypto by capturing and submitting photos with their smartphones.

Building on its success, the Snap-to-Earn leader is now set to introduce its distinct photography and web3 technology to new markets, including Korea, the MENA region, and English-speaking areas.

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Azuki and Magic Eden Reveals Dual-Chain ‘Satoshi Nakamoto’ Hoodies

Azuki and Magic Eden partners to introduce a dual-chain NFT product: the Azuki x Satoshi Nakamoto Enduro Hoodie. This limited edition hoodie, inspired by Bitcoin’s creator Satoshi Nakamoto, will now exist on both the Ethereum and Bitcoin blockchains.

Each hoodie, designed exclusively for holders of Azuki’s “Spirits” NFTs, is embedded with a chip allowing owners to scan and mint a corresponding NFT on the Ethereum blockchain for proof of ownership and authenticity.

Additionally, an Ordinals inscription, similar to an NFT, will also be created on the Bitcoin blockchain.

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NFT Community Splits Over Claire Silver’s Royalty Reform Call

In a recent X post regarding the NFT art realm, acclaimed artist Claire Silver expressed concerns about a drop in artist engagement and market dynamics attributed to diminished royalty payments. 

Royalties provide creators with income from secondary sales. Silver argues that reducing or eliminating this revenue stream reduces artists’ earnings and deters their involvement, leading to a less dynamic NFT industry. 

The collaborative AI artist elaborated on how royalty cuts have led artists to devalue the notion of scarcity in their works, resulting in no incentive for older collections, only new ones. Silver adds that she is “ashamed the space was so shortsighted.”

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Damien Hirst Faces Allegations of Backdating Thousands of Paintings

British artist Damien Hirst faces allegations of backdating thousands of paintings in his NFT art project, ‘The Currency’. A recent investigation suggests that at least 1,000 of the 10,000 dot paintings were produced years later than the claimed date of 2016.

Launched in 2021, ‘The Currency’ featured 10,000 dot paintings where buyers had to choose between a physical painting or a corresponding NFT, with the unselected option being destroyed. Each painting was inscribed with the date 2016 and Hirst’s signature.

The project sold out quickly, generating nearly $90M and over 5,000 buyers chose physical paintings, while almost 4,000 selected NFTs, resulting in the destruction of its physical counterparts. In October 2022, Hirst and his team publicly burned almost half of the physical collection during an Instagram livestream.

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Cristiano Ronaldo Announces 4th NFT Drop on Binance

Renowned football star Cristiano Ronaldo recently announced the release his fourth collection on Binance’s NFT Marketplace on May 29 at 08:00 UTC, featuring digital art and memorabilia celebrating Ronaldo’s career highlights, including iconic goals and significant moments.

The NFTs will be available exclusively on the Binance NFT Marketplace with fixed pricing across most of the collection, with one rare NFT expected to be highly sought after.

This announcement comes amidst recent legal challenges for Ronaldo related to his endorsement of Binance and its CR7 NFTs.

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Torque Drift 2 Announces Integration of NFTs, Loses Key Members

Grease Monkey Games, the Australia-based studio behind the popular motorsport game Torque Drift, recently shared that they  had faced staff turnover after announcing the integration of blockchain technology into its upcoming sequel, Torque Drift 2.

The move, which includes the use of NFTs, has resulted in the resignation of ten employees within a month, according to an interview with Arran Potter, Founder of Grease Monkey Games. Despite the setbacks, Potter is optimistic about releasing Torque Drift 2 - currently in beta — by the end of the year.

However, the loss of key team members has posed significant challenges

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