NFT

Hip-hop legend Snoop Dogg is looking to turn Death Row Records into an NFT label. Like other artists, the California-based rapper delves into blockchain-based applications to fuse music with the new digital age. If all goes well, his NFT could be among the best projects to keep an eye on in 2022. Snoop Dogg announced his enthusiasm regarding NFTs and the Metaverse on the social media platform Clubhouse on February 15: Death Row will be an NFT label. We will…

Sandbox launched its second alpha season while reaching a major milestone of 2 million registered users. During the four-week event, all players will get free access to more than 35 solo and multiplayer experiences. This includes a sneak-peek into Snoop Dogg's "Snoopverse", and a Hong Kong time-traveling tour called Hong Kong's Star Ferry Pier. New experiences also include a walk through Dracula's Castle, New dungeons, Kingdoms with puzzles, and fights against demons. Furthermore, players will compete in 200 quests for…

Ukraine has abandoned its plans to airdrop crypto tokens as a way of rewarding its crypto supporters. The country’s Vice Prime Minister, Mykhailo Fedorov, announced this news via Twitter earlier today. In the same breath, Fedorov disclosed that Ukraine seeks to sell non-fungible tokens (NFTs) to support its Armed Forces. Fedorov’s tweet read, After careful consideration we decided to cancel airdrop. Every day there are more and more people willing to help Ukraine to fight back the aggression. Instead, we…

Twitter competitor and “free speech” proponent,  Parler, has just shared news of the release of a new premium marketplace. Parler hopes its forays into NFT will help to gain new audience.  Parler to Attract a Pro-Crypto Crowd For the creators of the social media app, the goal is to appeal to and engage to a fresher form of audience. Parler, which has been compared often to Twitter, is suggested to be right-leaning.  However, the app’s leadership is open to entertaining…

Following 4 trademark filings pertaining to NFTs and the metaverse, beverage maker Monster Energy is yet another brand touted to venture into the virtual space. Digital Goods are Prioritized Recently, more companies have begun to leverage the popularity of NFTs. Since last year there has been a marked transition to tokenized product offerings and metaverse-focused services. The goal is to drive up visibility and improve customer interaction. Monster energy’s speculated foray into the NFT and metaverse space could be another…

Entertainment giant Warner Music Group shared news of a collaboration with blockchain game developer, Splinterlands. P2E Games to Bolster WMG Artists By joining forces, both companies will become pioneers in an emerging field. In recent times play-to-earn gaming and non-fungible tokens have grown in popularity. Various entities have explored how NFTs can be integrated with the music industry. P2E games featuring NFTs as in-game assets are also becoming a popular phenomenon. However, a merger between all three sectors is a…

NFT creators on Solana marketplace Magic Eden will now be subject to stricter procedures. The company announced a new doxing policy for creators who want to drop their collections on the marketplace. This policy would ensure stringent safety and project quality checks that would protect the interest of minters. The recent development unfolds against a backdrop of rug pull scams that saw minters lose thousands of dollars on Magic Eden. Minters lost $58,000 (645 SOL) in the first scam because…

Reports suggested that Melania Trump might have placed the winning bid for her own NFT auction. The former first lady denied the accusations. Melania Trump is facing scrutiny for her NFT business. In particular, reports suggest that the crypto for the winning bid for her NFT auction came from the same wallet that launched it. The auction in question was for a collection inspired by her 2018 state visit to France, featuring physical and digital items. For $250,000, the first…

Crypto diehards have long extolled the possibilities for collaboration between NFTs, the Metaverse, and gaming. Now, it would seem that one gaming giant can see the same. Recent comments from Shuntaro Furukawa – President of Nintendo – indicate that he sees “great potential” in the metaverse. This comes at the increasing popularity of the concept, while other major tech companies onboard the trend. Animal Crossing VS The Metaverse Furukawa shared his thoughts on Nintendo’s relationship with the Metaverse during a…