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…
NFTs
Wemade launches first-of-its-kind Real World Event NFTs at G-STAR 2023
G-STAR 2023 event ticket NFTs set new Korean domestic game industry record 2023 edition is biggest ever in terms of booth numbers NILE, the NFT and DAO marketplace developed by leading Korean blockchain gaming company Wemade, will introduce first-of-its-kind Real World Event NFTs at the upcoming G-STAR 2023, the biggest gathering of gaming enthusiasts and fans from around the world. The event NFTs represent the latest milestone for NILE (shorthand for “NFT is Life Evolution) as it continues to focus…
2 years ago
New AI GameToEarn Platform Rewards Players with $100k Prize Pool & Exciting New Utilities
Exordium, a highly experienced game development team is launching its gaming platform called AI GameToEarn. The platform promises to revolutionize the way we play, hone our skills, avoid mistakes, and earn more while gaming. Powered by artificial intelligence, AI GameToEarn is a web3 mobile and PC platform that offers anyone an enjoyable gaming experience while connecting them with other crypto lovers worldwide. With over ten years of experience in game development, the team at Exordium has developed more than 15…
2 years ago
XREATORS Launches on January 25th: An NFT Marketplace for Digital Content and IP Merchandise
XREATORS, a global NFT marketplace that connects social creators with fans, is officially set to launch on January 25th. XREATORS will exclusively reveal highly collectible and attractive NFTs from all over the world. Not to mention their plans to introduce previously unreleased content, including. The NFX Golf Series … where holders will gain access to field lessons in South Korea with KLPGA professional golfers (plans for expansion to other regions are in place), Visual Track (Sunny Inspires) - WDBZ NFT…
2 years ago
Orange Financial To Launch Innovative Yield Farming Treasury – Stablecoin Rewards for NFT Holders
Orange Financial, a multi-chain yield farming treasury, is excited to announce its public mint date on February 1st, 2023. As the only NFT project to offer stablecoin rewards through yield farming to its holders, Orange Financial will revolutionize the world of yield farming and NFTs. Through its innovative approach, Orange Financial has created a basket of DeFi assets and farming opportunities to provide yield for its NFT holders. The Treasury takes care of all the compounding and harvesting on behalf…
2 years ago
NFT Domains Platform Unstoppable Raises $65M Series A at $1B Valuation
Unstoppable Domains, the leading non-fungible token (NFT) domains platform, announced the closing of a $65 million Series A funding round at a valuation of $1 billion. The company said it will use the capital for developing new products and collaborations within the Web3.0 industry. It’s a big step for the platform, which saw prestigious investors joining this funding round. Among them were Pantera Capital, Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, and CoinGecko. Other big…
3 years ago
Binance Jumps into NFT Ticketing After UEFA Champions League Fiasco
Binance is looking into solutions to the escalating fraud in the traditional ticketing system for sports events. To this end, it launched a series of NFT tickets in collaboration with the Italian football club S.S. Lazio. This partnership will allow fans to buy season tickets for the team’s home games in the form of non-fungible tokens (NFTs). Why the Traditional Ticketing System is Failing In May, the UEFA Champions League Final in Paris was marred by chaos when multiple fake…
3 years ago
KuCoin Crypto Exchange Debuts USDT-Dominated NFT ETF
KuCoin, one of the most popular crypto exchanges, has launched an exchange-traded fund (ETF) to increase liquidity for NFT collections like Bored Ape Yacht Club (BAYC). This new service should help investors access non-fungible tokens and boost the assets’ widespread availability. The Seychelles-based exchange partnered with NFT infrastructure provider Fracton Protocol to ensure the project’s feasibility. A USDT-Dominated ETF The KuCoin NFT ETF is using Tether (USDT) as the crypto reference for its trading operations, including five different funds. The…
3 years ago
Muse to Release Next Album on Polygon-based NFT Platform Serenade
Muse will launch its latest album, "Will of the People," as a limited-edition NFT on Polygon-powered platform Serenade on August 26. The world-famous British rock band will establish a premiere in the UK and Australian charts by releasing the first-ever, entirely NFT music album. Moreover, the release will only feature 1,000 copies available globally at £20 (around $24.50) apiece. In return for their money, fans will get the band's ninth studio album as a downloadable, high-res FLAC version. Each copy…
3 years ago
NFT Minting – What Do We Know about Its Environmental Costs?
A multi-billion dollar sector was born out of the non-fungible token (NFT) market in 2021. Environmentalists are increasingly alarmed about the ecological impact of this growing sector. Is NFT minting a cause for concern for our planet's environment? What options do we have in resolving this problem? These crucial questions will be the core of today’s guide. Minting New NFTs Minting, adding a specific item to the blockchain, is similar to producing a physical coin. It has been an exciting…
3 years ago