All Nippon Airways Jumps into the NFT Space
According to simpleflying, Japan's largest airline group, All Nippon Airways (ANA) Group, has announced its venture into the Non-Fungible Token (NFT) market, following other airlines including airBaltic, Qantas, and Etihad Airways.
China's Supreme People's Procuratorate Examines Legal Issues of NFTs Amid Booming Digital Economy
China's Supreme People's Procuratorate has turned its attention to the legal challenges associated with non-fungible tokens (NFTs), amidst the booming digital economy, according to an announcement made on its website.
NFT Market Facing Persistent Selling Pressure
Recent data shows that throughout April, the NFT market has had more sellers than buyers, indicating a potential lack of demand for NFTs.
Bored Ape Yacht Club wins legal battle
Bored Ape Yacht Club (BAYC) creator Yuga Labs has won a legal battle against copycat non-fungible token (NFT) project RR/BAYC. The United States District Court found that the co-creators of RR/BAYC had infringed Yuga Labs’ trademarks, and Yuga Labs is entitled to an injunction and damages. In other news, Mandala Metaverse has chosen Polkadot to host its first major NFT drop, Final Fantasy developer Square Enix has partnered with Elixir Games for blockchain gaming, and a free-to-play multiplayer NFT cricket strategy game called Cricket Stars has launched on the Tezos blockchain.
Bored Ape Yacht Club wins legal battle, Mandala Metaverse selects Polkadot, Square Enix partners with Elixir Games, and Cricket Stars launches on Tezos
Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) NFT collection, have won a legal battle against Ryder Ripps and Jeremy Cahen, the creators of the RR/BAYC NFT collection. Mandala Metaverse has chosen Polkadot to host its first major NFT drop, called the "Cryptonauts". Square Enix has partnered with Elixir Games to bring blockchain gaming to the mainstream. Cricket Stars, a multiplayer NFT cricket strategy game, has been launched on the Tezos blockchain.
Flow Secures $3M Seed Funding To Build A Rollup Centric NFT Ecosystem
Introducing Flow: The Game-Changing NFT Ecosystem Set to Revolutionize the NFT Market. Aggregator Beta Launches on Ethereum Mainnet. Groundbreaking AI and Rollup-Centric Roadmap Unveiled; Anticipated Token Launch on April 30.
Trump NFTs Generate Over $1.2M in Trading Volume
Former US President Donald Trump's digital non-fungible token (NFT) trading cards were launched on Polygon, with 38,001 minted at $99 each. The collection generated over $1.2 million in trading volume, with a 10% creator fee generating over $100,000. The initial subscription also generated $3.76 million in revenue. Meanwhile, Big Tech firm Meta has allowed teens to use its virtual reality app Horizon Worlds, and Nike launched its first NFT collection through its Web3 community platform. The Smurfs are also set to launch a new collection of NFTs on The Smurfs' Society.
NFT Co-Founder Faces Lawsuit Over Crypto Wallet Dispute
Rebase co-founder Edmond Truong is being sued by Krzysztof Gagacki, who claims to be a co-founder of the nonfungible token (NFT) project. Gagacki alleges that Truong misappropriated $2 million into a separate wallet owned and controlled by him without his consent, ousting Gagacki from the firm and causing damage to his reputation.
TRON DAO Team Goes to NFT NYC 2023 and Announces Uquid Partnership
They say if you can’t make it there, you can’t make it anywhere. So, the TRON DAO team gave Gotham a go.
Mastercard Launches NFT-Gated Artist Accelerator Program
Mastercard announced a new artist accelerator program, which is NFT-gated and only accessible to holders of its Mastercard Music Pass NFT. The program is a collaboration with Polygon and offers free access to educational materials, unique AI tools, and other experiences.