NFT
A Non-Fungible Token (NFT) is a specific kind of digital asset that serves as a representation of ownership or certification of uniqueness for a particular object or piece of content. It utilizes blockchain technology, predominantly on the Ethereum network. Unlike other tokens, an NFT possesses distinct characteristics that allow it to stand out, making each one unique and non-substitutable with another. This differs significantly from fungible cryptocurrencies like Bitcoin or Ethereum, where individual units are interchangeable with each other.
NFT, Metaverse Trademark Applications for 2022 Has Surpassed 2021
According to US Trademark lawyer Mike Kondoudis, the Web3.0 and Metaverse trademark-related applications for this year have already surpassed the total recorded in 2021.
X Marketplace Launches Integrated NFT IP Marketplace
X Marketplace will allow users to list NFT IP, and license projects to IP for zero fees.
LG Launches NFT Platform With Hedera Blockchain
The platform, LG Art Lab will allow users to buy, sell and put up digital art or NFTs on their television sets, the company announced.
Brazilian SEC Seeks Adjustment to Crypto Regulation
The Brazilian Securities and Exchange Commission (SEC) is pushing for adjustments to the legal framework of the crypto market in the country.
HQ Trivia Games Secures $7.8m in Seed Round
Internet Game project, which was a once-popular online game dubbed ‘HQ Trivia Meets NFTs” has secured $7.8 million in a seed round.
American Actor Bill Murray Losses $185,000 in NFT Hack
Bill Murray lost his NFTs due to hacking.
Ticketmaster Partners with Flow Blockchain to Mint Live Event Ticket NFTs
American ticketing company Ticketmaster announced that it will enhance the fan event experience through digital collectable NFTs, and will mint ticket NFTs for selected events on Dapper Labs' Flow blockchain, providing users with a new experience.
Luxury Luggage Brand Hermes Files for Crypto, NFT and Metaverse Trademarks
In December last year, luxury giant Hermes sued NFT project MetaBirkins for allegedly using its brand to sell digital collectables, joining other luxury fashion companies trying to gain a foothold in the virtual online world.
Moonbirds Parent Firm PROOF Closes $50M Series A Round Led by A16Z
PROOF, the parent firm of Moonbirds NFT, has received $50 million in Series A financing in a new round of financing.
Meta Users Can Now Post Digital Collectables on Instagram and Facebook
Meta Platforms Inc has announced that it has enabled the digital collectables features across its two major social media apps - Instagram and Facebook.
MTV Awards Feature Eminem and Snoop Dogg as Bored Apes
The push into the metaverse is taking a new turn for the positive as the duo of Snoop Dogg and Eminem performed in the metaverse at the MTV Music Video Awards on Sunday.
Metaverse Gaming Features Already Exist in Web2, Says Microsoft Gaming Boss
Phil Spencer, the CEO of Microsoft Gaming, highlighted that gamers nowadays do not really understand the thrill of the metaverse “because the technologies proponents claim as novel are ones they have experienced in games for years.”
Animoca Brands' Japanese Unit Raises $45m
Animoca Brands' Japanese unit raised $45 million in financing at a $500 million pre-money valuation.
DJ Steve Aoki to Release NFT Series at Price of 1.5 SOL on August 29
American DJ and EDM producer Steve Aoki, in collaboration with artist Greg Hildebrandt, will be releasing his NFT collection on August 29th at 2 pm.=
101 Azuki Purchaser 'LastKnight' is Adrian Cheng
Adrian Cheng has been revealed to be the mysterious "LastKnight," who bought 101 Azukis amidst ongoing controversy.