NFTs

Asset management company VanEck has taken its first steps in the virtual world with the release of its first collection of non-fungible tokens. Co-founder Matt Barlett revealed that the tokens would likely grant holders exclusive access to various perks. However, VanEck is trying to set its NFTs apart from existing ones as much as possible. VanEck’s Vision for NFTs The New York-based investment firm has dubbed the newly-launched collection the VanEck Community NFT. It comprises 1000 Ethereum-based tokens that feature…

Non-fungible tokens (NFTs) are the latest craze in and around the crypto industry. These digital assets provide a never-before-seen ownership value that empowers creators, brands, and artists everywhere. Moreover, they have spurred a new class of investors, the NFT collectors. Their community is expanding rapidly and developing into a multi-billion market. Similar to a domino effect, the rise of NFT collectors has increased the popularity of portfolio trackers. These tools track the performance of assets within a portfolio and provide…

BitsCrunch, a multichain NFT analytics firm, has secured $3.6 million in a recent funding round. Some of the cryptosphere's most powerful investment firms have contributed to this event. So, while the project is still developing, it clearly benefits from important industry support. What is BitsCrunch? BitsCrunch combines artificial intelligence with analytics tools to determine a fair price for NFTs. Additionally, it identifies wash trading warnings and calculates whether an NFT is genuine or fake. The company operates from Germany and…

Despite regulatory threats, famous pizza Place Papa John's is entering the NFT space with a huge giveaway. Pizza take-out chain Papa John's (PZZA) is planning to airdrop nearly 20,000 non-fungible tokens (NFT). According to the official statement, Papa John's is giving away 19,840 NFTs. The campaign will start in early March, when the company will airdrop NFTs over a few days. The number 19,840 represents the company's founding year, or 1984. Overall, there are nine NFT designs, inspired by a Papa…

The Metaverse concept is much older than Mark Zuckerberg made it sound in 2021. However, it has always lacked the technological backing to gain mainstream adoption. This also prevented it from gaining enough community support. Now, all of that is about to change thanks to MetaBody’s high-quality avatars and realistic features. The MetaBody and the 3D Avatar Revolution In 2022, the advance of blockchain-based applications and NFTs are ushering a new digital age. One of its creations, the Metaverse, is…

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…

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…

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…

Facebook (now Meta) did everything it could to maintain its monopoly in all its history. Could it do the same with NFTs? NFT investors are ecstatic as major social media companies finally come out with major NFT integrations. Twitter, a significant hub for NFT users, was the first to roll out the feature. NFT owners can now showcase their NFT profile pictures with a particular hexagonal shape. That way, users can instantly see whether that Bored Ape picture is legit…