NFT

The enormous success of NFT usage over the last quarters is remarkable. Therefore, we are not surprised to see an ongoing innovation trend in the NFT market niche in this context. However, creating NFTs can be challenging, especially for new traders and artists. Today we will look into the lazy minting practice, an innovative idea that has recently become popular in the blockchain industry. Before doing that, however, it is essential to spend a few words on the general minting…

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…

In the pre-covid era, the gaming giant GameStop experienced a slow decline in its sales, surpassed by the online market and the success of streaming gaming platforms. Luck would have it that a group of willing to do anything traders brought this company back into fashion via a popular group on Reddit. Many have seen a parallel between the retail investing community that boosted GameStop's share price and that which invests in cryptocurrencies. Today, the paths of the crypto world…

Heroes of NFT, a metaverse gaming environment where players can create their Metasphere, has launched its collectible card game on Avalanche. The game involves players roaming the universe, interacting, and trading Avalanche NFTs with other users while enjoying play-to-earn games in battle arenas. While waiting in the lobby, players can play various games besides the initial one, Heroes of NFT.  The Heroes of NFT team have created an innovative division of labour mechanism in the game's ecosystem. Through this innovative…

Aidi Finance, an ecosystem of digital currency assets and utilities, has developed a new network dubbed AidiVerse. AidiVerse brings together complete decentralized finance solutions and integrates them with blockchain gaming and NFTs. Aidi Finance was founded on the belief that controlling your money, data, and identity is a fundamental human right. According to the company, decentralization is the key to empowering people in protecting their rights worldwide. AidiVerse is parked with utilities to enhance the benefits to each member:  AidiSwap…

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.…

The modern fashion industry is rapidly discovering the massive potential of the NFT marker to boost the sector’s revenues. From luxury brands such as Dolce & Gabbana to sporting clothing, blockchain technology leads to new business models. This article will discuss Adidas, the latest multinational clothing company to join the NFT market. After reminding readers about the NFT concept, we will analyze Adidas's choice and place it in a broader market context. The popularity of NFTS An NFT (non-fungible token)…

Metaverse was one of the trendiest terms in 2021, especially after Facebook rebranded itself as “Meta.” As the New Year unfolds, we can expect its buzz to expand and take the world by storm. Nevertheless, the idea of Metaverse is still a little cloudy for many. So we are here to decode it for you. Metaverse and the Buzz Metaverse Group, an NFT-based metaverse real estate company, recently purchased a parcel of virtual land for $2.43 million. Suddenly, everyone was…

The DeFi Yield Protocol’s CEO and founder, Mihai Nicusor Busica, revealed he purchased an NFT from the Bored Ape Yacht Club collection on January 3 through a Twitter post. Mihai acquired the #1112 Bored Ape for a whopping 80 ETH, which is the equivalent of $304,000. His announcement comes two weeks before the launch of the protocol’s NFT collection, the Cats and Watches Society. The event set to unroll on January 17 will also entail the launch of its V2…