NFT News

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Mount Westmore To Drop Its Debut Album Bad MFs Today at Gala Music

Hip-hop group Mount Westmore will launch its Bad MFs album at Gala Music. The new album will be available in the Gala Music Store at 8am Pacific Time. The Gala Music token is scheduled to launch this summer. Last April, Gala Music revealed that the legendary hip-hop group Mount Westmore will be dropping its debut album on its platform. Today, the new supergroup will finally release its new album Bad MFs on Gala Music. The Mount Westmore is a hip-hop group formed in December 2020 by rappers Snoop Dogg, Ice Cube, E-40, and Too Short “We want to ensure greater

The Red Village Led By Animoca Brands to Build First Ever Web3 Dark-Fantasy Game
The Red Village Led By Animoca Brands to Build First Ever Web3 Dark-Fantasy Game

The Red Village announced closing a $6.5M seed capital to build a new Metaverse game. The game will feature a dark-fantasy metaverse game on Polygon blockchain. The current P2E game has two sold out sales in late 2021 and early 2022. The Red Village has partnered with Animoca Brands, GameFi Ventures, and twenty other names in venture capital to close out a $6.5 million seed capital deal for its metaverse expansion.  In a tweet, the company disclosed that the funding will be partially used to develop the first immersive, dark-fantasy metaverse gaming ecosystem on the Polygon blockchain called The Red

Women in Web3 Partnered with The Sandbox for the First Web3 Women Meetup in Paris
Women in Web3 Partnered with The Sandbox for the First Web3 Women Meetup in Paris

Report shows women have fallen behind men in Web3 space. Women in Web3 are here to reverse the under-repesentation of women in Web 3.0. All women are welcome to learn about web 3.0 at Casa Italia in Paris on June 8. The Women in Web3 has partnered with Metaverse game The Sandbox to launch the very first Web 3.0 women meetup in Paris, France June 8. The Sandbox was not new in supporting women in crypto space. Recently, the company provided World Of Women NFT $25 million to support women in the Metaverse. Women in Web3 was created to bring

Nifty’s Drops Looney Tunes NFTs Starting With Tweety 
Nifty’s Drops Looney Tunes NFTs Starting With Tweety 

Warner Bros partners with Nifty’s to present Looney Tunes: What’s Up Block? NFTs. The story-driven Looney Tunes NFT program will debut with Tweety NFTs.  Fans can join the pre-sale round by owning specific Monstars or Space Jam Tweety NFTs. Nifty’s is partnering with Warner Bros to present a unique line up of NFTs for Looney Tunes fans. In a fantastic line-up that will make the Looney Tunes: What’s Up Block? collection, the first set of NFTs will make its debut via beloved character Tweety.   The adorable canary bird will be the first to appear in this story-driven Looney Tunes NFT

Jim-Carrey-Buys-his-First-NFT-on-SuperRare
Jim Carrey Buys His First NFT on SuperRare

Actor Jim Carrey entered the NFT space by owning his first NFT artwork ‘Devotion’. Devotion is a piece from the genesis project created by Ryan Koopsman. The NFT art has captured Carrey’s attention for its exquisite and relentless reinvention of nature. The legendary comedian and actor Jim Carrey joins the NFT space by owning his very first NFT artwork.  In a tweet, the iconic pop culture comedian announced that he purchased the art from the NFT marketplace SuperRare, an exclusive marketplace for crypto art. Created by Ryan Koopmans and Alice Wexell, the NFT artwork named “Devotion” is a piece from

Former-OpenSea-Employee-Charged-with-NFT-Insider-Trading-Scheme
Former OpenSea Employee Charged with NFT Insider Trading Scheme

The FBI charged Nate Chastain with wire fraud and money laundering. Each of which carries a maximum sentence of 20 years in prison. Chastain was arrested and will be presented in the US District Court for the Southern District of New York today. Nate Chastain, a former product manager of NFT marketplace OpenSea, was charged by the FBI for the first-ever “Digital Asset Insider Trading Scheme.” The announcement was made in a press release by a US Attorney for the Southern District of New York Damian Williams and Assistant Director-in-Charge of the New York Field Office of the FBI Michael

XANA-Launch-100-Skateboard-NFTs,-Floor-Price-Rose-Few-Hours-After-Public-Sale
XANA Launch 100 Skateboard NFTs, Floor Price Rose Few Hours After Public Sale

XANA released 400 out of 500 skateboard NFTs last month. In partnership with Gate.io, XANA issued the remaining 100 NFTs in public sale. Floor price of skateboard NFTs has increased 83.33% few hours after the sale. XANA, an Ethereum sidechain built for Metaverse, announced that their Skateboard NFTs are now available for public sale at Gate.io, a crypto-to-crypto exchange from China operating since 2013. In a tweet, the Metaverse project pointed out that it is the first “ridable” NFTs available in the metaverse. Last March, NOBORDER.z, in partnership with ZETA and STYLUS Inc., launched an NFT collection of skateboards designed

Snoop-Dogg-Avatar-Owners-To-Earn-SAND-For-Visiting-Exclusive-Experience
Snoop Dogg Avatar Owners To Earn SAND For Visiting Exclusive Experience

Snoop Dogg Avatar owners can earn SAND by participating in a weekly experience. The Doggies is a collection of 1K Snoop Dogg Avatars owned by 6.7K unique collectors. The floor price of The Doggies increased to 0.209 ETH after the announcement. Snoop Dogg Avatar ‘The Doggies’ announced on Twitter a special event exclusively for Doggies NFT holders at The Sandbox starting June 3rd. The Doggies is a collection of 10,000 Snoop Dogg metaverse Avatars playable in The Sandbox. The Doggies collection was sold out after the launch in February. Users will be able purchase The Doggies NFTs on the secondary

Digital Euro, Swiss Franc Trial Successful. Pound Soon?
Metaverse Project XANA Launches NFT Launchpad

The NFT launchpad page will reveal all upcoming/ ongoing NFT projects of XANA. The page shows eight NFT projects from the XANA Metaverse. Using this page, users will be able to whitelist for upcoming NFT projects on XANA. The metaverse project XANA announced in a tweet the launch of the XANA NFT Launchpad page on its website. XANA is an Ethereum sidechain created for the Metaverse. In order to bring forth a Metaverse technology for billions of users, its sidechain became compatible with popular wallets and bridged with major blockchains. The Metaverse project received adoption from major institutions and global

Publishing-Platform-Mirror.xyz-Launches-Writing-NFTs
Publishing Platform Mirror.xyz Launches Writing NFTs

Mirror allows writers to mint their creation into NFT and sell it via the platform. Minting Writings NFTs are free of charge. Creators will be able to choose the number of supplies and the price for their Writing NFTs. Inspired by Vitalik Buterin’s Ethereum whitepaper, the blockchain-based publishing platform Mirror.xyz introduced “Writing NFTs” via its platform. As of today, users can now create their first Writing NFT from the platform’s dashboard, collect from a list of source entries organized systematically by Mirror DAO, and explore the top entries on the new leaderboard. “At Mirror, we believe the next big idea

Parallel Finance Launches ETH-Backed NFT Finance Beta
Parallel Finance Launches ETH-Backed NFT Finance Beta

Parallel Finance allows users to borrow using NFT as collateral. Users can also purchase or bid NFTs with leverage via its app. Ethereum-backed NFT fi is now in beta and will launch globally this coming June. Yubo Ruan, Founder of Parallel finance, announced via tweet that the company will soon launch its Ethereum-based non-fungible token finance (NFT fi) through its platform. Noting that the company is “taking the concept of ‘utility’ in NFTs to a new level.” According to its website, the Ethereum-backed NFT fi is now in its beta version. Upon global launch, users will be able to profit,

$50M Loans With NFT as Collateral Recorded in a Month
$50M Loans With NFT as Collateral Recorded in a Month

NFT lending platforms have grown, along with the billion-dollar market of NFTs. Loan marketplace NFTfi released $185.4 in NFT loans since its launch. Other NFT lending platforms like Arcade, Drops, and Flowty also contributed to reaching more than $50M in NFT loans over the past month. NFT lending and borrowing showed steady growth in the last 12 months, according to analytics platform Dune Analytics. The Ethereum-centric analytics platform disclosed several projects that enabled NFT lending and borrowing over the last year. NFT Loan Marketplace NFTfi  The NFT collateralized loans marketplace NFTfi single-handedly offered for as much as $25.6 million in