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Crypto Data

Nike Filings Suggest It Is Ready to Explore NFTs

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“The sneaker giant is looking to trademark its brands for use in the Metaverse.

Nike has filed several requests with the U.S. Patent and Trademark Office for branded virtual goods, including shoes, clothing, and accessories. 

Nike Prepares For the Metaverse

Nike could be the next company to enter the Metaverse. 

According to the USPTO website, the Oregon-based sportswear company filed several requests with the U.S. Patent and Trademark Office in late October. The filings look to protect Nike’s trademarks in the category of downloadable virtual goods, with the intention for use “online and in online virtual worlds.”

The seven filings list the Nike and Jordan trademarks with their respective logos and the “Just Do It” tagline. Each listing registers the trademarks for use on digital versions of footwear, clothing, headwear, eyewear, bags, backpacks, art, toys, and sports equipment.

The applications have been filed on an intent-to-use basis, indicating that Nike could be looking to branch out its offerings to NFTs soon. Additionally, Nike Direct’s Vice President Daniel Heaf is currently serving as an advisor to LUKSO, a blockchain network dedicated to digital lifestyle use cases. 

While no official statement has been made, Nike appears to be positioning itself for a venture into digital goods.  ” CryptoBriefing

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Categories
Blockchain Gaming

Esports Organization TSM FTX Partners With Solana and Serum-Powered NFT Game Aurory

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October 1, the global esports firm TSM FTX announced the launch of the organization’s first-ever non-fungible token (NFT) collection in partnership with the Solana blockchain-based NFT game Aurory.

TSM FTX Collaborates With Solana and Serum-Powered Blockchain Game Aurory

During the first week of June, FTX Trading Limited, revealed the crypto company inked a naming rights deal with the U.S. professional esports organization TSM for $210 million. The announcement said that the crypto firm would rename the esports organization “TSM FTX,” and the two companies would collaborate in a multi-year partnership arrangement.

On Friday, TSM FTX explained the company is launching the organization’s first-ever NFT collection. The NFTs were crafted by aurory.io. The Aurory game is similar to the blockchain-powered game Axie Infinity but leverages the Solana blockchain and Serum, a decentralized exchange (dex) built on Solana.

“Aurory is a JRPG computer game where people will evolve in a rich and diverse universe,” the game’s website details. “In this world, you will discover Antik and Cryptos, two different areas and biomes. You will meet several NPCs and the mystical creatures that are living in this world, called Nefties. Throughout your journey, you will own Nefties and use them to fight in awesome battles.”

TSM FTX Drops 4 NFT ‘Aurorians’

TSM FTX dropped four individual NFTs dubbed “Aurorians” and each one is wearing TSM merchandise like the 2017 LCS-winning jersey. There’s also a new 2021 version that features the TSM FTX logo, the announcement details.

“These exclusive avatars have multiple functions both in and out of the game,” TSM FTX explains. “Including acting as a player’s visual identity, allowing owners early access to play future game modes before they are made public, exclusive access to special modes and rewards, and much more.”

TSM FTX fans can also enter to win one of the exclusive NFT avatars and the firm says the remainder of the tokens will be auctioned at a later date. Concluding, TSM FTX says that the blockchain game Aurory aligns with TSM FTX’s “vision for the future.” Bitcoin.com

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Crypto News

Snoop Dogg is rebuilding his real-life mansion in The Sandbox NFT metaverse

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“The rapper will also launch a 3D avatar collection and players will be able to create games using virtual “Doggfather” items such as Snoop Dogg’s personal car collection, dogs, statues, memorabilia, and more.

The Sandbox, a leading decentralized gaming virtual world and a subsidiary of Animoca Brands, announced today that it has partnered with Snoop Dogg to bring the rapper, actor, songwriter, entrepreneur, and entertainer to The Sandbox gaming metaverse.

Snoop Dogg will enter the metaverse by owning his own virtual land in The Sandbox, where he will set up his mansion. Snoop Dogg will also launch his NFT collection including player avatars and a limited ‘Snoop Dogg Private Party Pass’ that gives users VIP access to concerts, events, Q&As, and dedicated NFT drops. 

Snoop Dogg will also launch a 3D avatar collection inside The Sandbox and players will be able to create games using virtual “Doggfather” items such as Snoop Dogg’s personal car collection, dogs, statues, memorabilia, and more.” Cryptoslate

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Documentary Interviews

Michael Saylor and Bill Barhydt. The Ultimate Crypto Interview on Money Talks!

Michael Saylor and Bill Barhydt. The Ultimate Crypto Interview on Money Talks! Abra

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Crypto Data Ecosystem

Top NFT Ecosystems

Categories
Crypto News

NFT Virtual Properties are Booming

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“On Next Earth, a virtual replica of Earth on Ethereum, the virtual property market is booming. In the world’s first ITO, virtual land tiles were sold to thousands of buyers. So far, over $1.1 million in virtual property has been sold. This is due to the growing demand for NFTs as people seek out rare opportunities that represent something more than just another digital asset.

This includes the sale of major stadiums and famous buildings, along with tens of thousands of virtual acres. The land sector on the blockchain is one where NFTs are already starting to make major inroads. Scarcity and rarity are two qualities that make collectibles such as art and wine widely sought after, but there’s another aspect that makes virtual real estate so alluring: ownership. 

In the world of digital scarcity, non-fungible tokens represent unique assets — unlike fungible cryptocurrencies like Bitcoin are exchanged for equivalent value.

The Benefits of Virtual Property NFTs

Virtual land has also become an increasingly popular investment option for those looking to diversify their portfolios, whether it’s an NFT-focused portfolio or even a traditional investment portfolio with an allocation to alternatives. 

NFT-based virtual land offers the benefit of investing in a brand-new asset class, but unlike physical real estate or art, it can be bought and sold instantly on a blockchain without any third party managing its ownership or transactions—therefore eliminating middlemen from the equation. 

And because there is no physical asset backing each parcel of virtual land (unlike with physical real estate), parcels can be bought outright instead of fractionally or leased (like rental properties). This provides an additional layer of value for buyers who may not want their asset tied up for decades unless they plan on staying there themselves (or unless they intend on leasing it out). 

The ability of NFTs like Next Earth’s plots to be traded freely without restriction has created a huge opportunity set for developers looking to create new experiences around them—opening up new avenues for monetization that were previously unavailable when digital items could only be sold from one central-entity-owned server farm shop unto another. 

In addition, NFTs provide developers with an interesting way of creating scarcity within their virtual worlds by limiting how many items exist within them at any given time; this creates demand among players who want access to these scarce assets before someone else.

The Mainstreaming of Blockchain

As we progress along the second decade since the birth of the blockchain, we are finally seeing mainstream adoption across multiple industries thanks in large part due to benefits such as unprecedented levels of security and transparency throughout each transaction.

Blockchain technology has already been applied successfully across multiple verticals outside of gaming and collectibles, including healthcare and insurance, voting and governance, music rights management, supply chain management, and financial services. 

Virtual land is another exciting vertical that blockchain technology and the NFT space, in particular, are poised to disrupt. Now that we are in the euphoria of the blockchain, it is unlikely that virtual land will remain an obscure concept within a small niche community for long—once mainstream adoption does occur, expect NFTs to become as commonplace as collectibles have already.” Cryptopolitan

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Categories
Crypto Data

DEXs built on top of the Blockchain

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Categories
Blockchain Gaming

How to Create, Buy and Sell NFTs

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“The NFT market is expected to reach $1.3 billion by the end of 2021, with over 5.3 million sales to date. Here’s how to buy, sell and create these assets.

“NFTs have become one of the hottest crypto trends of 2021, with overall sales up 55% already since 2020, from $250 million to $389 million. Here’s how you can create, purchase and sell these popular digitals assets.

Non-fungible tokens (NFTs), which are unique collectible crypto assets, have been around as early as 2012 when the concept of Bitcoin Colored Coins first emerged. These coins were simply satoshis – small fractions of a bitcoin– marked, or “colored in” with distinct information that could link the coins to real-world assets, such as “this satoshi represents $500 of John Doe’s New York office building.” For the most part, however, Colored Coins were used to create and trade artwork like “Rare Pepe” digital cards on Counterparty, a peer-to-peer trading platform built on top of Bitcoin’s blockchain.

These cartoon frog images adapted from a viral internet meme were some of the earliest examples of unique digital artwork tied to crypto tokens. This paved the way for the ideation and creation of new non-fungible token standards – a set of blockchain building blocks that allow developers to create their own NFTs.”

How to create NFTs

Creating your own NFT artwork, whether it be a GIF or an image, is a relatively straightforward process and doesn’t require extensive knowledge of the crypto industry. NFT artwork can also be used to create collectibles like sets of digital cards.

Before you start, you will need to decide on which blockchain you want to issue your NFTs. Ethereum is currently the leading blockchain service for NFT issuance. However, there is a range of other blockchains that are becoming increasingly popular, including:

  • Binance Smart Chain
  • Flow by Dapper Labs
  • Tron
  • EOS
  • Polkadot
  • Tezos
  • Cosmos
  • WAX

nce you have these, there are a number of NFT-centric platforms that allow you to connect your wallet and upload your chosen image or file that you want to turn into an NFT.

The main Ethereum NFT marketplaces include:

Makersplace also allows you to create your own NFTs but you have to register to become a listed artist on the platform beforehand.

OpenSea, Rarible and Mintable all have a “create” button in the top right corner.” Coindesk

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Categories
Crypto Data

Top-Tier Blockchain platform Comparison

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice

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Crypto News

Ethereum Rock JPEG Sells for $600k

“The price for the cheapest available EtherRocks has jumped by 900% in just two weeks.

In brief

  • EtherRocks consists of rock JPEGs that have no function other than being traded.
  • TRON CEO Justin Sun claims to have bought one for half a million dollars this morning.
  • The cheapest rock available for sale is now $1 million.”

$608,000 for a picture of a rock might sound too wild to be real. But today, one crude illustration from NFT project EtherRocks sold for just that.

Now sellers want even more for the flashy JPEGs. The cheapest pet rock sells for $1 million. Just yesterday, the cheapest rock was priced at $305,000, and only two weeks ago, one sold for $100,000.

The buyer of yesterday’s cheapest rock could have made $400,000 if they sold at today’s market rate.

The rocks are NFTs, or non-fungible tokens: blockchain-based tokens that demonstrate ownership over digital items, such as images or video files, or physical assets.

There are 100 EtherRocks, each created in 2017—ancient for an NFT project. The illustrations come from a royalty-free clip art database and were inspired by the Pet Rock toy craze of the 1970s.” Decrypt

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Categories
Crypto News

Enjin Ecosystem Vlog Ep2

“earn more about the powerful Paratoken Standard that will enable cross-chain NFTs in Episode 2 of our Ecosystem Update video series.

What is a token standard?

Our Co-founder & CTO Witek Radomski is the force behind the ERC-1155 token standard, having created it back in 2018. 

ERC-1155 is a token standard for Ethereum. So… what does that mean? 

Let’s say you want to create something on Ethereum, whether a new cryptocurrency or an NFT. You’d probably want apps, wallets, and smart contracts to recognize your tokens, right?

That’s what token standards are for; they’re basically a set of rules for creating smart contracts that power cryptocurrencies and NFTs, so that they can be used in as many wallets, marketplaces, and other apps as possible. 

Cryptocurrency tokens built on Ethereum (like Enjin Coin) follow the ERC-20 standard. On the other hand, NFTs use the ERC-721 and ERC-1155 standards. While ERC-721 is a legacy standard made for one-off NFTs, ERC-1155 takes things a lot further. 

For example, with ERC-1155, you can group NFTs and fungible tokens in the same contract, creating different types of tokens and adding functionality around them.

Some of the cool features of ERC-1155 are not only cheaper transactions (saving up to 90% on gas fees when minting!), but any block explorer gets a ton of info about what exactly happened with your tokens, whether they were minted, burned, or anything else.”Enjin.io

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Categories
Crypto Data

Bitcoin Unrealised Profit and Loss Chart

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Crypto Data

The NFT stack: the applications and infrastructure that power the non-fungible economy

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Categories
Crypto News

OpenSea Sees $1 Billion in Trading Volume in August

“Trading volume exceeded $1 billion.

Major non-fungible token (NFT) peer-to-peer marketplace OpenSea, has recorded a massive milestone, as its trading volume hit the $1 billion mark in August.

OpenSea’s Trading Volume Achieves Billion-Dollar Milestone

Tweeting on Tuesday (August 17th, 2021), OpenSea co-founder and CEO Devin Finzer announced the platform’s record trading volume. Earlier in August, the platform’s transaction volume saw a massive $95 million in 48 hours, which exceeded the entire volume registered in 2020.

Photo by ArtHouse Studio on Pexels.com

According to data from DappRadar, OpenSea has processed over 385,500 ETH worth $1.2 billion in trading volume in the last 30 days. This figure signals an astronomical increase of 932.68%.

Indeed, the $1 billion mark recorded on OpenSea is an indication of the growing use and adoption of NFTs. Celebrities, artists, sports clubs, musicians, among others continue to tap into the nascent industry by launching their various digital arts.ADVERTISEMENT

As reported by CryptoPotato earlier in August, New York-based American entertainment giant Marvel Entertainment unveiled the first set of NFTs of one of its comic superheroes, Spiderman, which sold out in under 24 hours. The company later launched the Captain America digital collection series.

Back in July, New York Knicks, an American professional basketball team partnered with enterprise NFT solution Sweet to launch five limited editions of 3D NFT Knicks tickets. The sector has also penetrated the government landscape, as Isreal’s new President received a digitalized copy of the original oath signed by the President’s father.” Cryptopotato

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Categories
Crypto Data

Top 50 Crypto Performance over the last year

Top 50 Crypto Performance over the last year Blockchaincenter

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Categories
Crypto Data

TOP Altcoin Picks 2021 Q3: SOLID Potential!! 💯

TOP Altcoin Picks 2021 Q3: SOLID Potential!! 💯

~~~~~ ⛓Pick 1⛓ My first crypto pick for the rest of 2021 is Ethereum, and ETH is a big part of my personal cryptocurrency portfolio 👨‍💻Pick 2👨‍💻 My second crypto pick for the rest of 2021 is Cardano, and ADA is also part of my personal cryptocurrency portfolio ☀Pick 3☀ My third crypto pick for the rest of 2021 is Solana, and SOL is a more recent addition to my personal cryptocurrency portfolio 📐Pick 4📐 My fourth crypto pick for the rest of 2021 is Polygon, and MATIC is one of the few cryptocurrencies that I regret not buying sooner Better late than never though, and that’s why I will be adding MATIC to my personal cryptocurrency portfolio 💱Pick 5💱 My fifth and final crypto pick for the rest of 2021 is Terra, and though I’m not currently planning on picking up any LUNA, I am seriously considering it 🕵️‍♂️Previous Pick Update: Monero🕵️‍♂️ Back then, XMR was around 130 dollars, and it reached a high of around 480 dollars in mid-May this year. That’s roughly a 3.5x, which is good, but not great 👨‍🏫Previous Pick Update: Algorand👨‍🏫 Back then, ALGO was around 30 dollars, and it reached a high of around a dollar 70 in early February. That’s roughly a 5.5x, which is better, but still far behind what other cryptos gained during that time 📺Previous Pick Update: Theta📺 Back then, Theta was around 70 cents, and hit an all time of over 14 dollars in mid-April this year. That’s a clean 20x move 📊Previous Pick Update: Injective Protocol📊 Back then, INJ was around 2 dollars, and it hit an all time high of over 24 dollars in mid-April this year. That’s a solid 12x move 🧱Previous Pick Update: BarnBridge🧱 BarnBridge is backed by DeFi giants like Aave and Synthetix, and it’s suite of DeFi services have seen hundred of millions of dollars in total value locked since its launch. ~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Coin Bureau

Categories
Blockchain Gaming

3 Ways Efinity Will Transform NFTs for Everyone

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It was late July of 2017 when I first wrote about Custom Coins—blockchain tokens that can represent ownership of unique assets. 

Sound familiar? 

These days, they’re called NFTs.

It took four years for non-fungible tokens (NFTs) to go from an obscure digital asset known only to the most passionate of blockchain enthusiasts, to a powerful new technology fueling an emerging, multi-billion dollar industry. 

Now, almost everyone you know has likely heard about NFTs in one context or another. 

While it may seem like NFTs have taken over the world by storm, we’ve just barely scratched the surface. 

NFTs of today are incredibly limited.

Extensive technical knowledge needed. Deep pockets to pay transactions fees. Poorly integrated marketplaces, wallets, and development platforms. Crawling network speeds. 

All of this, combined with antiquated, inflexible technology, has limited the potential use cases and posed challenges to companies and individuals looking to get involved with this tech. 

To tackle these barriers head-on and make NFTs truly usable by everyone, we’re crafting a next-generation blockchain called Efinity.

Powered by its native token EFI, we believe Efinity will evolve the way billions of people own, use, perceive, and trade physical and digital assets in all aspects of their lives.

Here are three ways Efinity’s unique features will transform NFTs.

How Efinity Will Transform NFTs

1. Open Ecosystem: Place offers on any NFT, anywhere—and get rewarded.

Efinity will power a global digital trading experience like no other.

Efinity’s offer mechanism enables you to create transparent, fair, accurate pricing for all NFTs. You can placer offers on assets listed on any NFT marketplace powered by Efinity—or on an NFT that’s not even listed for sale, like one you run into in an Efinity-powered game, app or website. 

Because any NFT from any blockchain can be easily transferred to Efinity, you can even place offers on NFTs that exist on other networks. 

To incentivize offers, the highest (un-filled) offer on any asset is systematically rewarded through network rebates. 

Here’s an example: Imagine you discover a website where users can turn their actual, physical cars into Ethereum-based NFTs, in order to showcase or sell them. There’s a beautiful antique car that you want—but it’s not for sale. 

You can head to a marketplace powered by Efinity, place an offer on that car’s NFT, and start getting automatically rewarded for placing the first and highest offer. The owner will be notified, and if the price is right, he’ll sell you the car. 

If your offer is too low, and the owner is not interested, you’ll still be rewarded with network rebates—unless someone else places a higher offer. 

Sooner or later, the right, fair price for the car will be organically determined, and the owner will finally sell his car. 

Put simply, Efinity’s offer mechanism gives you the power to purchase and trade any blockchain-based digital or physical asset, regardless of what chain or project it originates from.

2. Recipes: Create and modify NFTs without coding.

Efinity enables and incentivizes businesses to reward their loyal users and customers via a new blockchain feature called Recipes. Recipes allow anyone to modify existing NFTs, or create new NFTs of their own.

Anyone who has a copy of a recipe can execute it on Efinity without any coding experience. 

For example, let’s say that Hyperspeed Pictures decided to use Efinity as part of their marketing campaign for an upcoming Superhero Co. movie, in order to boost movie ticket and merchandise sales. 

Hyperspeed could partner with major cinemas to reward you for watching the movie, embedding each ticket with a unique QR code that, when scanned, rewards you with an NFT. 

The same process would work for merchandise sales: everything from action figures to clothing could feature a QR code. 

reward recipe could be activated as soon as you have collected NFTs from the movie tickets and merch you purchased. The reward: a new NFT that unlocks a rare playable character in a Superhero Co. MMO game.  

3. Governance: Influence the future of Efinity.

“Democracy is a poor system; the only thing that can be said for it is that it’s eight times as good as any other method.”― Robert A. Heinlein

Efinity features a genuinely democratic, transparent governance system—a feature we strongly believe will help fuel a tsunami of innovative network modifications and upgrades. 

When you join the network and hold EFI, you are eligible to propose and vote on how the network itself operates.

If you look at how representative democracy currently works (at least in theory), you vote for the party that best represents your views on specific propositions. With Efinity, all members vote directly on the propositions. In addition, Efinity’s built-in mechanisms allow the network’s democracy to work fairly by incentivizing every user to contribute to its operations.

Votes on Efinity are actually counted, registered on the blockchain, and automatically verified as authentic. 

Proposals can pass (by majority vote) and be integrated into the chain, or be rejected. In the rare event of a tie, the proposal is tossed out. 

NFTs Should Be for Everyone

As an open, affordable, and fast solution, Efinity is designed to make NFTs accessible and usable for everyone. 

Other blockchains can be built on top of Efinity, allowing people to take advantage of each network’s unique benefits and features.

Through Efinity, it will only cost a few pennies to mint a hundred million digital assets, unlocking the possibility to bring NFTs to billions of people—essentially anyone with an internet connection.

While other blockchains are being bogged down by slow processing times, tens of millions of digital assets can be minted on Efinity in one transaction, providing a better experience for users, and wider applications for developers.

Fees on Efinity are designed to stay in the background; you don’t even need a blockchain wallet. A unique feature called Fuel Tanks will also allow companies and creators to subsidize fees for their users, making it easy for everyday people to interact with the network.

Earlier this year, we made a promise to dedicate ourselves to the advancement of eco-friendly blockchain products. We are a proud member of the Crypto Climate Accord and United Nations Global Compact, and also recently launched a carbon-negative blockchain, JumpNet.

In line with this environmental mission, Efinity is designed to make transactions carbon-neutral.

Efinity’s underlying tech is specifically built to maintain low energy consumption, forever. As a Proof of Stake (PoS) blockchain governed by 1,000 nodes, it will consume 85% less energy than Ethereum. 

This means that no matter how many people join our network, its carbon footprint will never increase.

Over the past four years, we’ve been working hard to actualize our vision of a new era for digital ownership for everyone. 

While we’ve been busy solving the most critical issues in blockchain, we’ve also connected opportunity with creativity, enjoyment with utility, and ownership with transparency. 

The next step? Bringing it all to Efinity, and beyond.” Enjin

Categories
Crypto News

Decentraland Introducing the In-World Builder

he In-World Builder is a collaborative tool designed to allow LAND owners (or anybody with operator permissions for someone else’s LAND) to decorate and manage their scenes directly in the world all in real time.

To be able to create and view your scenes as you build heralds a revolutionary new phase in the creation experience of Decentraland.

Builder Panel

“The Builder Panel is your creation hub, allowing you to start creating scenes or editing those deployed on your LAND. To get started, navigate to some of your LAND (or any LAND that you are permitted to deploy content to) and click the block button in the bottom right hand corner of the in-world screen. It’s important to note that only scenes created with the current Builder will be editable, not those created with the SDK (for now).”

Decentraland.org

Categories
Blockchain Gaming

NFT Ecosystem Overview

NFT ecosystem (source)

Categories
Blockchain Gaming

Axie Infinity: The CRAZIEST Crypto Game EVER!! 🤯

Axie Infinity: The CRAZIEST Crypto Game EVER!! 🤯
Coin Bureau

Categories
Crypto News

Makersplace.com : $30M Series A to Enable a Vibrant Future for Digital Creativity

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“We started MakersPlace in 2018 with the belief that there had to be a better way to empower digital creativity. For years, we saw first hand all the issues that plagued digital creators with their works being stolen, misappropriated and undervalued. Fast forward 3 years, and we’re ecstatic to see what we believe to be the biggest shift in the digital creator economy with the advent of blockchain and NFT technology. We couldn’t be more excited about the future ahead, and the role MakersPlace is playing.

2021 has been an incredible year for our community. The number of collectors using our platform grew over 10x, while we facilitated over $100M in transactions. We’ve also continued to empower thousands of the world’s most talented digital artists, offering the most trusted platform to protect and sell their digital art. Most notably, we helped catapult digital art and NFTs onto the global stage, with our historic partnership with Beeple and Christie’s, facilitating the $69.3M sale of Beeple’s EVERYDAYS: THE FIRST 5000 DAYS— the largest ever sale of a digital artwork. With this we saw a seismic shift in the appreciation for digital art and most importantly its impact to the overall creator community. “

“Today, we’re excited to announce that MakersPlace has raised $30M to further our mission of enabling a vibrant future for digital creativity. This funding was led by Bessemer Venture Partners and Pantera Captial, with participation from Uncork CapitalDraper Dragon Digital Assets9Yards CapitalCoinbase Ventures and Sony Music Entertainment. The funding also includes the following strategic investors: Acquavella Galleries, Sabrina Hahn and Bill Ruprechtin the arts; EminemPaul Rosenberg3LAU in music, Larry Fitzgerald and Shari Glazer in sports; Eric BakerJulia and Kevin HartzVinny Lingham and Tobias Lütke in tech, and many more. Every investor brings forward a strong conviction for our mission as well as their expertise and perspective across technology, blockchain, art and media.” Makerplace.com

Categories
Blockchain Gaming Crypto News

Memenopoly Integrates Chainlink VRF to Secure Dice Rolls and Randomized NFT Packs

Memenopoly

“We’re excited to announce that Memenopoly — The meme themed yield generating blockchain game — has integrated Chainlink Verifiable Random Function (VRF) on the Binance Smart Chain mainnet. By integrating Chainlink’s industry-leading decentralized oracle network, we now have access to a tamper-proof and auditable source of randomness needed to provide fair and transparent game play, as well as randomizing our NFT distribution. Ultimately this creates a more exciting, transparent, and fraud-proof gaming experience for our users and builds trust within the community.

Memenopoly is an evolution in gamified yield generation that combines the best of traditional yield farming, NFT yield farming and unique 3D gameplay to reward players with both instant and passive rewards. With NFTs at the core, players collect and stake properties to earn daily yields and collect rent from other players by rolling at least once a day. With token burns built into the game on a contract level and leveraging the power of Chainlink VRF, we set out to achieve our goal of releasing a transparent, fair and fun experience that pushes the limits of what’s been done so far on the blockchain!”

“In order to ensure each roll is fair and each NFT chosen is truly random, we need access to a secure random number generator (RNG) that any user could independently audit. However, RNG solutions for smart contracts require several security considerations to prevent manipulation and ensure system integrity. For instance, RNG solutions using on-chain data like block hashes can be exploited by blockchain miners, while off-chain RNG solutions like traditional data providers are opaque and don’t provide users with definitive proof about the integrity of the process.

After reviewing various solutions, we selected Chainlink VRF because it’s based on cutting-edge academic research, supported by Chainlink’s time-tested oracle infrastructure, and secured through the generation and on-chain verification of cryptographic proofs that guarantee the integrity of each random number supplied to smart contracts.

Chainlink VRF works by combining block data that is still unknown when the request is made with the oracle node’s pre-committed private key to generate both a random number and a cryptographic proof. The Memenopoly smart contract will only accept the random number input if it has a valid cryptographic proof, and the cryptographic proof can only be generated if the VRF process is tamper-proof. This provides our users with automated and verifiable assurances directly on-chain that Memenopoly is provably fair and cannot be tampered with by the oracle, outside entities, or the Memenopoly team.” Memenopoly

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Blockchain Gaming Crypto News

Horizon Blockchain Games raises $4.5M for Skyweaver…

“Horizon Blockchain Games is — as the name implies — a company building games on the blockchain, along with tools to help others do the same.

The company announced today that it has raised another $4.5 million, bringing its total raised to a little over $13 million.

Horizon’s first game is Skyweaver, a competitive digital trading card game that taps the blockchain to give players more realistic ownership of their virtual cards. Once earned through competition with other players, cards can be sold, traded or taken out of the system and put in storage.

As I previously wrote about Horizon here:

Horizon is working down two paths in parallel here: On one path, they’re building an Ethereum-powered platform called Arcadeum for handling in-game items — establishing who owns any specific instance of an item, and allowing that item to be verifiably traded, sold or given from player to player. Once an item is in a player’s possession, it’s theirs to use, trade or sell as they please; Horizon can’t just take it away. In time, they’ll open up this platform for other developers to build upon.

On the other path, the company is building out its own game — a digital trading card game called SkyWeaver — meant to thrive in its own right while simultaneously showcasing the platform.

“Arcadeum” mentioned above has now been rebranded as “Sequence,” an easy-to-integrate wallet system that aims to hand-wave away the complexities of the blockchain. They want to let users buy and store their digital goods on the blockchain without either the user or an app’s developer really having to think about the blockchain. Horizon co-founder Michael Sanders tells me the rebranding comes with an overall broadening of its focus; the “Arcade” in “Arcadeum” suggested it was all about gaming, whereas the aim is to help manage all kinds of digital items, from virtual gaming goods to NFT art and beyond.

The Horizon team often mentions being built to support “Web3,” a term I’ve been hearing more and more lately. In short (or, at least, as best I understand it), Web3 is a category of online-but-decentralized apps, services and games built around the blockchain (Ethereum, in this case) to give individual users more control of their data. The Ethereum foundation has a breakdown of the concept here.

A match in Skyweaver. Image Credits: Horizon Blockchain Games

Horizon originally intended to open Skyweaver up more broadly in 2020; as of this morning it’s still in private beta, with plans to open widely later this year. Sanders tells me they’ve let in over 66,000 players so far.

The company says that investors in this round (a “pre-Series A round SAFE”) include CMT Digital, The Xchange Company, BITKRAFT Ventures, Khaled Verjee and Zyshan Kaba.” TechCrunch

Categories
Crypto Data

Top 50 performance over the last 30 days

Top 50 Cryptocurrencies performance over the last 30 days

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Crypto News News

Open Sea : Announcing our $100M raise, led by a16z

“A paradigm shift

Photo by Dziana Hasanbekava on Pexels.com

It’s becoming increasingly clear that blockchains represent one of the most exciting paradigm shifts in the history of technology. Just as the Internet transformed the global distribution of information, so blockchains will reimagine the global distribution of value. But the question has always been: how exactly will this happen? Just as the Internet’s killer apps (like web pages and instant messaging) were difficult to predict early on, so too the killer applications for blockchains may be yet unimagined.

At OpenSea, we believe NFTs are emerging as one of the first consumer-oriented killer applications for blockchains. NFTs are a simple primitive for digital goods (think digital art, game items, domain names, and more) with brand new properties: they’re unique, provably scarce, liquid, user-owned, and usable across multiple applications. NFTs represent the building blocks for brand new peer to peer economies, where users have greater freedom and ownership over their data, and developers can build powerful, interoperable applications to provide real economic value to users.

From information transfer to value transfer

OpenSea’s immediate mission is to build the best possible marketplace for NFTs, and today we are proud today to remain the largest and most powerful NFT marketplace. But our broader mission is to help create the systems and standards that enable the conversion of all types of digital wealth into forms that are truly ownable and freely exchangeable. In other words, OpenSea’s broader mission is to turn the internet from an information transfer machine into a value transfer machine.

To further this mission, we’re announcing our $100M raise led by a16z, with participation from Coatue, along with Michael Ovitz, Kevin Hartz, Dylan Field, Kevin Durant, Ashton Kutcher, and Tobi Lutke. A huge thank you to a fantastic group of investors.

A multi blockchain future

As NFTs enter mainstream awareness, the technology underlying them is also evolving: the last few years witnessed a Cambrian explosion of new blockchains and scaling solutions. Today we’re officially announcing cross-blockchain support, starting with a gas-free marketplace on the Polygon blockchain. Buyers no longer have to pay blockchain fees when making trades on OpenSea, and creators can fully earn their way into crypto for the first time.” Opensea

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Crypto News

Funko Pops NFTs Launch On WAX (Teenage Mutant Ninja Turtles)

Funko Pops NFTs Launch On WAX (Teenage Mutant Ninja Turtles)

“If you collect Funko Pops you don’t want to miss this very limited edition first NFT drop! Teenage Mutant Ninja Turtles are going blockchain and you can even redeem some NFTs for physical versions of the Funko Pop. There are some VERY important details on how to get your Funko Pop NFT physical redemption, don’t miss this video if you are collecting them!” CryptoStache

Categories
Crypto Data News

NFT PROJECTS ON TOP BLOCKCHAIN PLATFORMS.

TOTAL NFT PROJECTS ON TOP BLOCKCHAIN PLATFORMS. (Coin98Analytics)

Categories
News

Coca-Cola officially gets into NFTs for charity

Photo by Pixabay on Pexels.com

“Coca-Cola has long been known around the world for bringing people together to experience simple, shared moments that surprise and delight. The brand’s first digital collectibles—inspired by shared moments of friendship—were created in partnership with developer Tafi, the leading creator of custom 3D content for avatar and emoji systems, and Virtue, the agency by Vice, which developed the initial concept.

Auctioned as a single lot, the four-piece collection features multi-sensory NFTs housed inside a Friendship Box—itself an NFT—packaged as a loot box, a play on the popular video game feature involving sealed mystery “boxes”:

  • The Friendship Box reimagines Coca-Cola’s highly collectible 1956 retro vending machines for the metaverse. A play on the loot box, the exterior is decorated with symbols of friendship and sharing that fade upon opening to reveal the vintage vending machine as the first NFT.
  • A custom Coca-Cola Bubble Jacket Wearable—a futuristic jacket—is illuminated with effervescent fizz, purposely designed with subtle nods to Coke’s nostalgic delivery uniforms. It also will include an unlockable version that can be worn in the Decentraland 3D virtual reality platform. Inspired by metaverse trends and utility, the jacket features the Coca-Cola color palette, fusing the metallic red of the aluminium can and caramel brown of the delicious drink.
  • The Sound Visualizer captures the experience of sharing a Coca-Cola using instantly recognizable audio cues: the pop of a bottle opening, the sound of a beverage being poured over ice, the unmistakeable fizz and that first refreshing taste.
  • The Friendship Card reimagines the design of Coca-Cola’s famous friendship-inspired trading cards from the 1940s for the digital world. The cards bear the “Symbol of Friendship” moniker.” Businesswire
Categories
Crypto News

Swiss Bank to Sell an Original Picasso as 4,000 NFT Shares

Sygnum Bank to Sell an Original Picasso as 4,000 NFT SharesSwiss Bank Sygnum announced it would be selling an original Pablo Picasso painting as an NFT. 

Picasso’s “Fillette au béret” will be divided into 4,000 NFT ‘shares’ and sold as a share ownership investment. 

Ownership of the painting will be broken into 4,000 different ‘tokens’ and sold at around $1,100 each to specific customers and art collectors. beincrypto.com