NFTs & DeFi 🗓

2024-05-01 22:56:58 Casio Joins NFT Bandwagon Via Astar zkEVM Partnership

Casio, one of the world’s premier watch brands, has joined the race for Non-fungible tokens (NFTs) in collaboration with Astar zero-knowledge Ethereum Virtual Machine (zkEVM). The Casio watch NFTs is scheduled to go live on May 1. According to the announcement, this new development is targeted at commemorating Casio’s 50th anniversary. Astar Network also took to X to announce the significant collaboration with Casio.

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2024-05-01 08:46:58 AnimeCoin Launches ‘Gacha Grab’ Game With Ethereum NFT Collection Azuki

AnimeChain project in March, the AnimeCoin Foundation—the group behind the eponymous token—launched a web-based game called Gacha Grab on Monday. Like a virtual slot machine inspired by Japanese gachapon toy vending machines, “Gacha Grab” 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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2024-04-30 20:56:58 Aethir and Magic Eden team up on Web3 NFT gaming projects

Aethir, a distributed GPU cloud computing company, has teamed up with Magic Eden, the leading multi-chain non-fungible token (NFT) platform globally. The aim is to revolutionize Web 3.0 gaming by creating a unified gaming ecosystem that combines Aethir‘s enterprise-grade GPU infrastructure — dubbed GPUs as a service — with Magic Eden‘s NFT platform, establishing Magic Eden as the go-to NFT platform for Aethir’s gaming clients.

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2024-04-30 08:37:01 Yuga Labs and Moonbirds Introduce Enhanced NFT Holder Rights

Moonbirds NFT collection has announced significant changes to its copyright model. The collection, now owned by Yuga Labs, declared that holders would need exclusive rights to commercialize their NFTs. This marks a departure from the previous Creative Commons CC0 copyright status, which allowed free commercialization. The change aims to align Moonbirds with Yuga Labs’ other successful properties, like Bored Ape Yacht Club and CryptoPunks.

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2024-04-29 18:47:01 Web3 Platform Galaxis Tips NFTs To Create Sustainable Communities

One of the major barriers to widespread adoption of NFTs has been a skepticism of their utility and value, with many viewing digital collectibles as nothing more than speculative assets. That’s the assumption that Galaxis, a brand-new no-code solution for NFTs, is looking to challenge. Let’s take a look at how Galaxis is reshaping the digital collectibles landscape, unlocking new ways for creators and artists to engage and interact with their communities.

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2024-04-29 07:47:01 NFT artwork by humanoid robot sells at auction for nearly $700,000

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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2024-04-28 09:47:01 Heba Ismail brings Saudi representation to NFT ecosystem

Saudi artist Heba Ismail showcased her work at the Outer Edge Innovation Summit in Riyadh this week. Commenting on her experience at the summit as one of the first Saudi artists to venture into the Web3 art scene, she said: “Having my paintings displayed on the event screens is a tremendous honor, offering global visibility and inspiring more Saudi and Arab artists to explore the diverse options available for sharing their art with the world.

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2024-04-27 22:16:58 Young Europeans are spending money in the metaverse

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 partner’s) on digital products, according to the latest YPulse survey.

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2024-04-27 08:56:58 Yuga Labs ‘Lost Its Way’ Says CEO as Bored Ape NFT Maker Reveals Layoffs

Bored Ape Yacht Club creator Yuga Labs continued its recent shake-up by announcing a restructuring initiative on Friday, which will include a new round of layoffs following a previous wave last October. Yuga Labs co-founder Greg “Garga” Solano, who returned as CEO in February, announced the news via Twitter on Friday, sharing screenshots of a Slack message sent to the team.

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2024-04-26 10:37:01 Justin Bieber’s $2 Million NFT is Now Worth Less Than $100,000

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 Bieber’s NFT portfolio, once valued at over $2 million, now languishes at a meager fraction barely exceeding $100,000.

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