Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
NFT
Disney’s Search for NFT Experts Sparks Metaverse Talks
Rumors of a Disney Metaverse have seen the giant entertainment company searching for top-tier talents with NFT knowledge. Disney is worth about $95 billion and boasts millions of viewers worldwide. Now, it is allegedly preparing a future metaverse for its fans. This is not surprising, considering its recently recurrent ads for job positions. Additionally, comments from the company’s former chairman, Bob Iger, have helped stir these speculations. NFT Job Ads at Disney A quick search for NFT positions on Disney’s…
3 years ago
Vitalik Wants To Make Some NFTs Untradeable, Similarly To ‘World Of Warcraft’ Items
Ethereum’s bright-minded co-founder has had another World-of-Warcraft-inspired idea for the Ethereum ecosystem. He recently posited that some NFTs should become untradeable to people who haven’t met the item’s conditions. While hurting the marketability and speculative side of NFTs, this could increase their value as signifiers of specific achievements/ value. "Soulbound" NFTs Vitalik aired his thoughts on the subject in yesterday's blog post titled “Soulbound”. Soulbound items in World of Warcraft refer to those it cannot trade to other players. These…
3 years ago
Twitter Rolls Out Verified NFT Profile Pictures
NFTs and jpegs are about to become a bit more distinct – at least on Twitter. The social media platform is rolling out a new feature to register Ethereum NFTs as their profile pictures. As a result, these NFTs appear hexagonal rather than traditional PFPs that use a circle. Twitter Embraces NFTs Twitter Blue – the microblogger’s subscription service – announced its NFT integration on Thursday. It stated that due to popular demand, NFT Profile Pictures had begun rollout in…
3 years ago
Parler Launches Trump NFTs
Parler, a self-proclaimed free speech platform launched an NFT collection featuring former President Donald Trump. The 10,000 NFTs will feature Trump in a variety of settings, from the U.S. Congress and beyond. It will also feature other influential figures, including rapper Ye (Kanye) West and billionaire Elon Musk. The social media network popular among U.S. conservatives partnered with Jon McNaughton to produce the art. McNaughton, a conservative American artist, hand-painted hundreds of images to create the collection. According to the press…
3 years ago
US Congressional Candidates Sell NFTs To Finance Campaigns
Celebrities and athletes aren’t the only ones aping into the NFT game. Digital assets are now part of political strategy. Two US congressional candidates have taken to selling NFTs to raise funds for their midterm election campaigns. The campaigners using this strategy cross party lines, though positive attitudes towards crypto among current congresspeople do not. Selling NFTs Like MAGA Hats As reported by Bloomberg, the strategy is currently being used by California Democrat Shrina Kurani, and Arizona Republican Blake Masters.…
3 years ago
Samsung Unveils NFT Integration For Smart TVs
Samsung has unveiled ambitious plans for 2022 - with NFTs front and centre! Besides the updated TV hardware, the company also announced a New Smart Hub and other apps for improved user experience. The New Smart Hub will have several new features that will bring its users closer to the Metaverse. One of the features is a groundbreaking NFT Platform that will support NFT trading on the new Smart TVs. This application features an intuitive, integrated platform for discovering, purchasing and…
3 years ago
OpenSea Hack Victim Offers To Buy Back Bored Ape NFT From Hackers
A $2.2 million hacking attack victim offered to buy back one of the NFTs from the attackers, even as OpenSea froze its account. Todd Kramer, who goes by picasso5328 on NFT marketplace OpenSea, had 16 NFTs stolen. The collection included 8 Bored Apes and 7 Mutant Apes. He listed the stolen NFTs and asked OpenSea to freeze them. The largest NFT platform did so, and it banned the trading of the compromised NFTs. https://twitter.com/toddkramer1/status/1476546822910918666 The marketplace froze all the stolen NFTs…
3 years ago
How Much NFT Games Generated in Q3 2021
Those who still are sceptical about the potentials of blockchain technology in the gaming industry will probably be convinced by the last outstanding business numbers. As a report by Blockchain Game Alliance (BGA) point out, only in Q3 2021 did NFT games managed to generate $2.3 billion in revenue. This impressive number amounts to more than 20% of the whole NFT trading volume across all the industries in the report. One could easily simplify this number, saying that one every…
3 years ago
Top upcoming NFT games in 2022
NFT technology has brought many people closer to the blockchain world over months. One of the most popular applications of these tools comes from the gaming industry, where developers create virtual universes to purchase in-game items as NFTs. In 2021 we have seen the birth of many interesting NFT games, with increasingly innovative applications of this new technology. In addition, the last few weeks have announced many exciting projects that it will launch on the market in 2022. Although it…
3 years ago