NFT

Planet IX, the biggest P&E & NFT project on Polygon, has entered into a strategic merger with a disruptive 3D art & gaming studio - ArcadeNFT. As part of the collaboration, Planet IX will be able to incorporate a much sought-after smart contract developed by ArcadeNFT. In 2021, ArcadeNFT developed the first-of-its-kind smart contract created specifically for on-chain P&E and PVP gaming where ranking, prizes, and payments are all controlled and fulfilled entirely on the blockchain.   Implementing the contract enables…

As the popularity of NFTs (non-fungible tokens) continues to grow, so does the potential for scams.  This article examines popular NFT scams and offers suggestions for avoiding them. We'll also discuss the future of NFT scam prevention and how to report one. A Closer Look Into NFTs and Their Popularity The past year has seen a surge in the popularity of non-fungible tokens. These digital assets are unique, and nobody can replicate them, making them ideal for collectors and investors.…

In an update earlier today, global tech conglomerate Meta shared news of its latest moves surrounding digital collectibles. From September 29th, subsidiaries Facebook and Instagram will now allow users to link their virtual wallets with their accounts and also share non-fungible tokens. Users Across 100 Countries Can Access New Meta Feature Everyone on @instagram and @facebook can now share their digital collectibles in the US, and on Instagram in the previously announced 100+ countries,” Meta announced in a tweet .…

After months of anticipation, September 15, 2022 finally saw the merger of the Ethereum mainnet execution layer and the Beacon Chain’s consensus layer. The Merge finally ushers in the days of Ethereum’s proof-of-stake (PoS) consensus mechanism. This renders defunct the proof-of-work (PoW) consensus for the Ethereum network. In his celebratory and congratulatory tweet, Ethereum’s co-founder, Vitalik Buterin, said the Merge “is a big moment for the Ethereum ecosystem.” And the NFT community did not hesitate to prove this fact. https://twitter.com/VitalikButerin/status/1570306185391378434?s=20&t=Lqq0NpxNi6-KQDE65m5zMA…

Hami Network, an all-in-one cryptocurrency platform, revealed its new investor-friendly launchpad helping projects gain more traction from their first day in the cryptosphere. Additionally, the project started the Seeding Round A for its HAMI token on August 19, ending on September 8. Investors can board the initiative or join the Seeding Round B on PinkSale from September 1 to September 14. This short Hami Network review looks closely at the project's new launchpad and features. Read on to learn more…

ZUNAVERSE is an NFT-centered platform on BNB Chain aiming to make non-fungible tokens (NFTs) more accessible to everyone. The project is developing rapidly and incorporating an NFT marketplace, a proprietary token (ZUNA), and a brand new NFT collection, the ZunaNauts. This short ZUNAVERSE review looks closely at one of the latest NFT marketplaces to enter the market. Read on to discover its many features and plans! ZUNAVERSE in a Nutshell ZUNAVERSE plans to rival the industry-leading NFT marketplace. To this…

NFT-focused lending platform BendDAO is currently facing an insolvency crisis, having run out of funds to pay depositors. This comes shortly after predictions of mass NFT liquidations to reclaim the platform’s loans.  BendDAO is currently witnessing a bank run as several of the platform’s lenders withdrew their assets over the weekend. At writing the platform has roughly 425 wETH in its reserve and still owes its depositors about 13K ETH.  As analyst NFTStatistics.eth explained in a Twitter post, BendDAO’s debtors…

After months of private beta testing, football-focused NFT marketplace NFL All Day has finally opened its doors. NFL All Day is the first of its kind for football fans, and is similar to the marketplace NBA Top Shot which is targeted at a basketball audience. The new NFT platform emerged via a collaboration between the National Football League (NFL), the NFL Players Association (NFLPA), and blockchain company Dapper Labs. NFL All Day Now Open to Traders Dapper first shared plans…

Over the past day, the leading NFT collection, Bored Ape Yacht Club has seen its gross sales volume rise considerably. The project has also experienced a corresponding increase in the number of traders despite the ongoing crypto/NFT winter.  Bored Ape #5383 Sells for $1.45 Million According to reports from data analysis platform DappRadar, BAYC sales have jumped 100% since yesterday. The NFT project witnessed 16 transactions as the overall number of traders grew by 125%, making for a total of…