Gamers Think NFTs Will Make The Metaverse An Even Deeper Money-pit, But NFTs Are Not The Problem - They're The Solution
A recent survey found that almost three-quarters of gamers strongly dislike NFTs and consider them a 'negative' addition to their online experience.
OpenSea admitted it is "not perfect" and noted that the "fairest approach is to change this policy on a go-forward basis only."
Lamborghini has announced a new program called "The Epic Road Trip" which will run for over eight months.
Coca-Cola has launched a new NFT collection on the Polygon (MATIC) blockchain, an Ethereum scaling solution.
'Repeat Offenders' Among Celebs Promoting Crypto Rug-Pulls: Analyst; Says 'Blame Has To Fall On Them'
As the number of NFT rug-pulls continues to climb, independent on-chain analyst ZachXBT says celebrities promoting such scams will be blamed "at some point."
An NFT collection called Rich Dwarves Tribe was promoted by artists Jason Derulo, Ne-Yo, Bow Wow and Fred Durst.
"This would give us the flexibility to pursue different options for securing the loans/capital required," a Sky Mavis spokesperson said.
The NFTs are designed by 56 Miami-based artists, according to Mayor Francis X. Suarez.
"At a time of market volatility and high-profile hacks, brands like ours need to take a long-term approach to protecting assets and users," Parallel CEO Sascha Mojtahedi said.
The increasing number of attacks on NFT projects might be coming from the same group of hackers, a report said.
"This is an attempt to make anyone associated with selling art as NFTs a renegade and a criminal," the artist said.
Epic Games is set to welcome a multitude of NFT-powered titles this year.
Reid Hoffman's project is titled "Untranslatable Words" and will consist of 11 images tokenized on the Solana blockchain.
The NFTs will be based on Square Enix's Final Fantasy franchise, one of the most successful games of all time.
Mojang, a part of Xbox Game Studios, wrote in a Wednesday blog post that "integrations of NFTs with Minecraft are generally not something we will support or allow."
OP3N takes pride in its "cross-industry expertize" to deliver a "new era of community-driven" initiatives in Web3.
OpenSea CEO Devin Finzer revealed in a series of Twitter posts that the firm is laying off 20% of its employees to prepare for crypto winter.
Following the multi-million "Axie Infinity" hack, developer Sky Mavis increased the number of validator nodes to 11 and noted that one of its long-term goals is to have over 100 validator nodes.
OpenSea houses 10,325 NFT collections based on the research conducted by Meta Generation in March.
Social networking platform Reddit plans to debut an NFT marketplace which will allow users to buy avatars or profile pictures for a fixed amount.
On Monday, Chinese business giants, including Tencent, launched a "self-disciplinary initiative" to eradicate speculation in the NFT industry.
Coca-Cola has confirmed the launch of a new Pride NFT collection in collaboration with Rich Mnisi, a designer and an advocate for LGBTQIA+ rights in Africa.
OpenSea users are not happy about the incident and some vented their frustrations on Twitter.
"These actions are calculated, intentional, and willful with the stated purpose of causing actual and monetary harm to Yuga Labs and the holders of authentic Bored Ape Yacht Club NFTs," Yuga Labs said.
Since its founding, KnownOrigin has seen significant growth as it has revolutionized the way people create, buy, and sell NFTs.
Registered Binance users in select countries will also be able to purchase the collections using Binance Pay.