Neom, the ambitious urban development initiative in Saudi Arabia, is deepening its foray into the digital world. Through a strategic investment and alliance with Animoca Brands, a recognized leader in blockchain gaming and the metaverse, Neom aims to leverage blockchain
Amidst the rising tide of digital innovation, China Daily, backed by the Publicity Department of the Chinese Communist Party, has unveiled its initiative in the NFT domain. However, a closer look suggests that merging ancient civilizations with modern digital technology
The increasingly competitive non-fungible token (NFT) market is ending the promise of perpetual royalties for artists. With OpenSea and Blur battling it out for NFT market supremacy, the creators of digital art find themselves on the front lines and joining
OpenSea volume during the second month of Q3 was the lowest it has recorded in the past two years, and the new low has reduced its standing in the ranks of the largest NFT marketplaces in the sector. OpenSea, a
Companies in Africa are establishing their presence in the metaverse’s real estate market through a platform that Africarare is developing. The platform is now expected to have over a billion users. The metaverse platform named Ubuntuland houses what has been
The U.S. Securities and Exchange Commission (SEC) on Monday charged Los Angeles-based entertainment company Impact Theory with conducting an “unregistered offering of crypto asset securities” through non-fungible tokens, or NFTs. The enforcement action, considered the first by the capital markets
In a case highlighting the pitfalls of the booming Non-Fungible Token (NFT) market, Nathaniel Chastain, the former Head of Product for leading NFT platform OpenSea, faced stern repercussions for leveraging insider information to his advantage. According to a report from
Beeple has been named among 22 artists who will be featured strongly in the latest Moonbird NFT Collection. The name of Beeple and other artists has resulted in more than nine (9)-fold increments in the sales volume of Moonbird NFTs
Nakamigos non-fungible tokens (NFTs) saw above-average sales during Easter Week and surpassed many mainstream digital collections by becoming the project with the most sales from April 3 to 9. NFTs from the collection saw more than a 30% rise in
OpenSea remains the largest non-fungible token (NFT) marketplace by all-time volume and its reaction in the first week of April after its first-quarter lows show that the development team behind the project is committed to reclaiming its crown as the
Blur has become one of the most talked-about projects in the NFT space just five months after launching, a consequence of its monthly trading volume that has seen it flip OpenSea, X2Y2, and other well-known marketplaces. In record time, Blur
When software engineer Casey Rodarmor launched the Ordinals protocol three months ago, the NFTs market had lost steam from its 2021 peak. Now, the protocol has triggered a lot of interest, with crypto enthusiasts embedding a total of 385,000 “inscriptions”
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