News

Browse the latest news articles, tutorials, and research from Blockchain Council.(862 articles)

Global Fashion Labels Like Nike and Gucci have Profited $260M via NFT Sales
Michael Willson

Global Fashion Labels Like Nike and Gucci have Profited $260M via NFT Sales

NFTs have garnered multi-millions of dollars in revenue owing to the buzz around them, demonstrating the broad market appeal of digital collectibles. According to statistics from Dune Analytics, which was initially published by NFTGators, global fashion labels such as Gucci, Adidas, Nike, Dolce…

Long-term NFT Success Depends on the Metaverse Predicts New Research news
Michael Willson

Long-term NFT Success Depends on the Metaverse Predicts New Research

The future course of the non fungible token (NFT) market over the following five years was examined in a recent analysis by Juniper Research. The report predicts that by 2027, there would be about 40 million worldwide NFT transactions, up from 24 million in 2022. Based on the research, the use…

Telegram Founder Proposes to Auction Usernames for NFT-like Smart Contracts
Michael Willson

Telegram Founder Proposes to Auction Usernames for NFT-like Smart Contracts

The creator of today’s highly secure portal Telegram, Pavel Durov, has proposed the concept of a domain or marketplace that would employ “NFT-like smart contracts” to bid off popular usernames. Durov voiced his response to TON, a layer-1 blockchain that was first in the line…

6G is vital in achieving the metaverse vision
Michael Willson

6G is vital in achieving the metaverse vision

In order to fully realise its promise, 6G has been searching for the ultimate ubiquitous application. As we increasingly rely on our cell phones to get by outside the home and to combine experiences and services (both real-world and virtual), the concept of the Metaverse may be the killer app. The…

First limited-edition NFT release from AFL sells out in less than 12 hours
Michael Willson

First limited-edition NFT release from AFL sells out in less than 12 hours

The Australian Football League’s (AFL) non fungible tokens (NFTs) sold out in just under 12 hours following their initial distribution. After Ripper Skipper 2022 debuted, it enabled the ‘allow list’ to buy 3,800 packs reserved for the drop. This ‘allow list’ was open to all. AFL Mint Ripper…

Houston Texans to Offer Game Suite Using Cryptocurrencies
Michael Willson

Houston Texans to Offer Game Suite Using Cryptocurrencies

The Houston Texans have hopped on the bandwagon among the teams who have started accepting crypto payments and alliances. According to the recent news, HT has become the first ever NFL (National Football League) to offer a single-game suite in lieu of cryptocurrencies. Recently, BitWallet and…

news roundup 12.08.22
Michael Willson

Weekly News Round-up: 06/08/2022 – 12/08/2022

Living in the technological age is a challenge in and of itself because it necessitates constant awareness of global events. Therefore, we are attempting to update your understanding about cryptocurrency with the most pertinent news articles here. Look at this: Nvidia introduces new developer tools…