Friday, December 27, 2024

NFT News

NonFungible

Explore the dynamic world of NFTs with our latest news and analysis. As non-fungible tokens continue to reshape digital ownership, we cover the most recent developments, from high-profile auctions and emerging artists to the integration of NFTs in gaming and the metaverse. Stay updated on how brands and creators are leveraging blockchain technology to offer unique digital assets and experiences. Our coverage also delves into the challenges facing the NFT space, including environmental concerns, legal issues, and market volatility. Keep informed on the trends and innovations driving the future of digital collectibles and ownership.

NFT News

Adidas and STEPN Launch NFT and Merchandise Collaboration

A "Stepn x Adidas Genesis Sneakers" partnership collection officially kicks off, featuring 1,000 unique NFTs inspired by Adidas’s most iconic running shoe designs. These digital assets will debut on STEPN’s sister NFT marketplace, Mooar, on April 17, 2024, promising fans of both brands an opportunity to own a piece of this NFT history.

New UK Regulations to Restrict Free Promotional NFT and Crypto Airdrops

The United Kingdom is taking a significant step towards regulating cryptocurrency by banning free promotional NFT and crypto airdrops that encourage investment. The Financial Conduct Authority (FCA) has announced that the new rules are set to come into effect on October 8, 2023​.

Ethereum NFT's

NFT Licensing Framework Introduced by A16z

An innovative Creative Commons-inspired solution has been proposed by VC firm A16z to address the problem of traditional legal systems being challenged by NFT Licensing.

Moonbirds promises to store NFT art ‘in chain’ while Raising $50M in funding

The Moonbirds NFT collection is being shifted completely "in chain" by PROOF, the private community behind the collection. Keeping an NFT "in chain" means generating it completely from the underlying smart contract, without using an off-chain storage provider.

Binance NFT's

Cardano NFT's

Cardano NFT space and Metaverse record growth

As of this writing, Pavia, Cardano's first Metaverse project, has over 22,000 landowners holding pavia.io land NFTs. The NFT-Maker platform has generated hundreds of thousands of NFT projects for the Cardano ecosystem.

Snoop Dogg Joins Cardano NFT Project ‘Clay Mates’

It looks as if Snoop Dogg's NFT collabs are not slowing down anytime soon, as he teams up with the Clay Mates NFT mission. Champ Medici, Snoop's son, is joining him on the drop, which will take place on April 10.

Polygon NFT's

Meta to pull NFT sales on Instagram: What it means for the NFT industry

When Meta announced its initiative allowing artists to sell NFTs on Instagram, it was seen as a positive development for the struggling NFT industry. Now that the tech giant has terminated the project, web3 enthusiasts have mixed reactions to the sudden move.

ApeCoin now on Polygon amid NFT mint controversy

Polygon now supports ApeCoin, enabling more than 19,000 decentralized applications (dApps) and games to use it. APECoin DAO board member Yat Siu stated that there are currently "no discussions" about an exclusive chain for APE.