NFT Vs Metaverse – All You Need to Know
Summary Metaverse and NFTs are gaining attention in the digital world. Predictions show significant growth in Metaverse users and market size by 2030. NFTs are unique digital assets representing ownership or authenticity. Unlike cryptocurrencies, NFTs can’t be exchanged for something else of equal value. They are used for digital art, music, videos, virtual real estate,…
Twitch Co-Founder’s Solana Gaming Platform Fractal Expands to Polygon
Fractal, the network developed via Twitch co-founder Justin Kan for game-related non-fungible tokens (NFT), is expanding into the Polygon group to broaden accessibility. Before going live on the Solana Blockchain in December 2021, the network earned $35 million in a seed round from investors, including Andreessen Horowitz, Solana Labs, Animoca, Coinbase Ventures, and many others….
Fashion’s Foray Into Metaverse
Is the world of premium fashion companies going extinct? No, it’s only the beginning of the new dominant medium. It began back in March 2019. Dapper Labs, The Fabricant, with Johanna Jaskowska, created Iridescence, the first Non-Fungible Tokens (NFT) fashion item that sold for US$9,500 at auctions. The actual term “Metaverse” refers to an embodied…
What is a CCO NFT? Why is it important for NFT creators?
Non-fungible tokens (NFT) have gained enormous traction over the past two years, with prestigious projects like Bored Ape Yacht Club (BAYC) and CryptoPunks selling for anywhere from a few thousand to over a million dollars. Even top-name celebrities have given their support to some NFT initiatives, such as World of Women, which in February signed…
Alchemy stepped in to streamline Dapp access with their Web3 app store
Alchemy, the popular web3 developer platform, announced Tuesday that it is ruling out a Dapp (decentralized applications) store. The launch aims to streamline access to decentralized applications for developers and users. The recent relationship between web3 Technologies and centralized entities has not been very productive. In the last week, the popular crypto exchange and NFT…
The Sandbox to Launch LAND Sale With Snoop Dogg, Playboy & Tony Hawk
The Ethereum-based metaverse game, The Sandbox, is launching a three-part LAND sale in conjunction with popular brands like Snoop Dog, Playboy, and Tony Hawk, among many others, as reported by Decrypt. The Sandbox game is powered by cryptocurrency, similar to Minecraft or Roblox. It uses blockchain technology to allow users the asset ownership feature via…
Top 7 Metaverse Wallets in 2022
According to Mark Zukerberg, Metaverse is the successor of the mobile Internet. The internet coupled with digital technologies has done wonders for the world. Businesses and individuals are more connected than they were 10 years before it. With Metaverse which is a virtual world, we can interact with each other through digital avatars. Though…
Monster Energy Files Trademark Applications For NFT & Metaverse Expansion
As cryptocurrencies soar high across the global financial space, the sector continues to grab the attention of some of the biggest companies, business tycoons, and retail investors. The latest addition to this fast-growing list is the popular beverage firm Monster Energy. Hailing from California, Monster Energy is all set to venture into the field of…
Facebook and Instagram could introduce NFT Avatars
You can ask any new-age investor about his investment plan and they would say NFTs without even giving a second thought to your question. Yes!!! That is the insane craze for Non-Fungible Tokens these days especially amongst the youngsters who find the concept ‘Cool’ and ‘Trendy’. Where firms are connecting people to their favorite collectibles…
Difference Disclosed: ERC20 Vs. ERC721
Ethereum tokens gained popularity in 2016 and 2017 as Initial Coin Offerings or ICOs began to use them to represent ownership or value. However, the main aim of deploying Ethereum tokens was to represent in-game assets in 2017, such as in the popular game CryptoKitties. One of the most prominent aspects of tokens is their trading…
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