NFT News

Meta Platforms, formerly Facebook, is freezing its hiring processes. “We want to plan somewhat conservatively,” says CEO Mark Zuckerberg. The tech industry, in general, is facing slow growth. Meta, the...

The French fashion brand Balmain partnered with MintNFT to start an NFT-based membership. The loyalty program will be powered by the XRP Ledger. The Balmain Thread is the customized version...

Hi and Mastercard collaborate to offer NFT-avatar customized debit cards. Senior Vice President of Mastercard says that they are committed to making payment accessible to the interested. Membership could be...

Apple App Store reportedly imposes 30% commission on in-app NFT trades NFT startups are citing these commission fees as impossible to work with. However, Gabriel Leydon, the CEO of web3...

Disney to hire an experienced corporate attorney to work on emerging technologies. Disney wants to use data from the physical and digital worlds to drive its metaverse policy. Disney CEO...

Totality Corp CEO explains why the Indian market is far from NFT mass adoption. Cultural differences and strict crypto regulations account for the stigma around NFTs in India. Rigid cryptocurrency...

On September 20, 2017, the term “non-fungible token” was coined. Dapper Labs’ CTO, Dete Shirley, created this term. OpenSea is celebrating the day by highlighting some historic NFT projects. With...

BlockSec and NFTGo 2022 report revealed 54.5k NFT contracts allow privilege functions. 61.8% of NFT projects are over-centralised & 50% are capitalized by one user. Wash trading transaction volume reached...

The first NFT after the Merge was minted for 36.8 ETH, summing to nearly $60,000. The NFT was minted at the block height 15537394. The image features an Ethereum panda...

South Korea’s Seongnam City to recreate the city in the metaverse. Citizenships for the metaverse city will be provided through NFTs. Operations in the virtual city will initiate by June...

The Chicago Bulls announced the company’s collaboration with artists to reconceptualize the basketball team’s logo. THE AUROCHS is a collection of  23 NFTs created by renowned artists. The auction for...

Iconic American teen film Mean Girls (2004) is making a Web3.0 comeback with crypto collectibles and NFTs. Distributor Paramount Pictures issues trademark applications for Rachel and Lindsay, from Mean Girls....

The American football quarterback Lamar Jackson files a trademark to offer music, films, and video production. Previously, Formula One filed a trademark to offer sporting equipment, clothing, and e-wallet payment...

Michael Robinson demonstrates the use cases of dynamic NFTs. The metadata can change based on varying conditions and external data. dNFTs have applications in automobiles, blockchain gaming, retail stores, and...

The Japanese government awards its mayors with non-transferable NFTs. The recipients were recognized for their technological ingenuity. Tokens issued on the Ethereum blockchain follow the Proof of Attendance Protocol (POAP)....

Artist and Director  Charlotte Colbert launches NFT based on “She Will” movie; proceeds to fund End Violence Against Women. The NFT titled ”Why are we taught to fear the witches?”...

The Instagram account of the Sandbox metaverse game has been hacked. Attackers are trying to dupe users with a fake NFT giveaway. The account was compromised despite having 2FA enabled....

Blockchain-related trademarks application have surged in 2022. Metaverse trademark applications were higher than that of NFTs. Hermes has filed for a Metaverse trademark application amid an ongoing legal debacle. The...

ISIS enlists NFTs to fundraise, recruit, and spread terror. The NFTs were initially featured in OpenSea and Rarible before they were removed. Nonetheless, the NFTs still continue to circulate across...

Sony Music gets NFT trademark application for Columbia Records. The music company will bring music videos and live performances to the Metaverse. Sony may enter the Web3 industry, following in...

David Bowie Estate has collaborated with popular NFT artists to launch Bowie on the Blockchain NFT collection. Proceeds from the NFT sales would go towards the humanitarian organization CARE. Artists...

Argentina Masons to drop NFT collection on the Ethereum blockchain. The project will be available for sale on the OpenSea marketplace. The profits from the project will go towards helping...

An NFT artist can be any visual or performing artist (painter, photographer, video designer, musician, etc.) who makes a tokenized version of their digital (or sometimes physical) creation. The recent...

Fake NFTs are seemingly increasing in the OpenSea NFT marketplace. Users claimed that the OpenSea team should enhance their policy to avoid scams. Earlier this year, about 80% of fake...

NFT company Dust Labs raised $7 million in a recent investment round. The round was led by major names like FTX ventures and Solana Ventures. y00ts minting project has been...