NFT sales volume is up for the second consecutive month, eliciting excitement within the Web3 community. Now even the most optimistic can’t help but wonder if the bear market is over. It’s been a torrid 2022 for NFTs and the crypto market in general, with most projects losing nearly all of their value. However, 2023 … Read more
Crypto lawyers are expressing their enthusiasm for NFTs as a viable solution to prosecute blockchain-based crimes that would otherwise remain unresolved. Last year, there was an uptick in lawsuits filed against individuals for blockchain-related offences in situations where the accused could not be reached by more traditional means. The usage of NFTs for legal activities … Read more
NFT creators are looking to appeal to a wider audience and increase revenue through the sale of retail products and by deepening the commercial relationship with the entertainment industry. The Financial Times has reported that the change in strategy comes amid lost earnings caused by the overall drop in the crypto market and the cost … Read more
The faulty OpenSea stolen item policy is costing the platform’s users lots of funds. At least that is the opinion of Franklin, the sixth largest holder of Bored Ape Yacht Club NFTs. In a space of a few days, scammers gamed the policy to sell him stolen BAYC NFTs. Unfortunately, there is no way for … Read more
Social media giant Meta is expanding its partnership with the National Basketball Association (NBA) and the Women’s National Basketball Association (WNBA). Utilizing its Meta Quest headset, the company will deliver immersive, social experiences of live NBA basketball. Meta is entering the world of live sport in virtual reality (VR). The company will deliver more than … Read more
Gaming giant Axie Infinity’s AXS token price has risen sharply despite the upcoming release of tokens worth millions of dollars. In just the last 24 hours, the token has increased by almost 40%, reaching a four-month high of $13.83 before correcting slightly to a local price of $12.54 at the time of writing. A surge … Read more
Microsoft’s Metaverse dream appears to be in limbo after the tech giant laid off over 10,000 employees. Most of the departments affected include those running the AR and VR projects, the two key components of the metaverse. Now, the company is likely to pause its development of the HoloLens and other headset-based projects. The massive … Read more
AAG aims to revolutionize the blockchain space with the launch of its new Saakuru blockchain. Built on Oasys, Saakuru’s Layer 2 blockchain is set to advance new Web3 applications with speedy and gas-fee-free transactions. Saakuru blockchain promises to make AAG’s MetaOne wallet more secure. It will also give developers increased access to on-chain activities. With … Read more
Polygon’s popularity within the NFT space has earned the chain its own NFT marketplace builder tool from Rarible. This is due to its growing popularity as a favorite destination for some leading NFT projects. Rarible also offers a marketplace builder for Ethereum collections. The marketplace builder went live on Thursday and requires zero coding knowledge … Read more
Blockchain gaming is a rapidly growing industry that has the potential to revolutionize the way we play video games. As more gamers, developers, and publishers embrace blockchain gaming, it is expected that this market will grow from $4.6 billion in 2020 to an estimated $65 billion by 2027. But when will blockchain gaming go mainstream? … Read more
