NFTs

NFT-Collection-Doodles-Raises-$54M-at-$704M-Valuation
NFT Collection Doodles Raises $54M at $704M Valuation

Doodles have raised $54 million at a value of $704 million. NFTs serves as a representation of real-world or digital asset ownership. Proskauer guided the company through its initial round of funding and corporate formation. Reddit co-founder Alexis Ohanian’s venture capital firm, Seven Seven Six, took the lead in the funding round. Doodles, a collection of non-fungible tokens (NFTs), has raised $54 million at a value of $704 million, according to the company’s Twitter account. The ownership of real or virtual assets is represented by NFTs, which are digital assets. “We are leveraging the capital to swiftly hire a world-class

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Viacom International Is Bringing TMNT to Web3

Viacom INT. has applied for new Web3 trademarks for the Teenage Mutant Ninja Turtles. Paramount Pictures has also filed a Web3 trademark for Mean girls. TMNT and Mean Girls trademarks cover downloadable multimedia files. In a series of tweets, trademark attorney Mike Kondoudis disclosed that Viacom International has applied for new Web3 trademarks for the Teenage Mutant Ninja Turtles (TMNT). The United States Patent and Trademark Office (USPTO) received the TMNT trademark applications submitted by Viacom on September 6. Downloaded virtual products, such as crypto-collectibles and non-fungible tokens, include Downloadable multimedia files with artwork from the entertainment industry authenticated by

BAYC Surpasses $2 Billion in All-Time Sales
BAYC Surpasses $2 Billion in All-Time Sales

Bored Ape Yacht Club is one of the most recognized digital collectible brands. The increase in sales can be attributed to the growing popularity of NFTs. There were 669 unique purchasers, with 1,011 total transactions. Bored Ape Yacht Club is one of the most popular names when it comes to digital collectibles. According to Research, Bored Ape Yacht Club had an all-time total sales volume of around $2.04 billion as of writing time. This is a significant increase from its $1 billion total sales in February. The surge in sales can be attributed to the increasing popularity of NFTs, which

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The Sandbox to Launch Alpha Season 3 on August 24

The Sandbox is launching Alpha Season 3 on August 24. Alpha Season 3 is open to all who wish to experience The Sandbox metaverse. Users who got an Alpha Pass, complete a level, or own LAND, Avatars, or NFTs will be rewarded with SAND. The Sandbox, a leading metaverse experience in Ethereum blockchain, announced that the virtual world is launching their next big event in its metaverse space — The Sandbox Alpha Season 3.  In a tweet, Animoca Brands’ co-founder and executive chairman Yat Siu showed how excited he was with the upcoming Alpha Season 3. In fact, he considered

How-18000-ETH-Exited-BendDAO-in-48-Hours
How 18000 ETH Exited BendDAO in 48 Hours

There is just 12.5 wETH in the contract. Several floor prices for NFT also decreased. BendDAO provides customers with access to a peer-to-peer lending platform. Many NFT’s floor prices fell as a result of the current NFT market downturn. As a result of the low health factor loans, several NFTs on BendDAO entered the danger zone. The potential liquidation of millions of Bored Apes and other NFTs, in turn, caused market-wide panic last week. The bulk of NFTs have defaulted on loans as of the time of writing, and no bids have been made on them. Due to BendDAO’s requirements,

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Ethereum’s The Merge Will Not Change Price of Gas Fees

Ethereum’s upcoming ‘merge’ will not reduce the gas fees. The ‘merge’ is also expected to get rid of the need for energy-intensive mining. The upgrade is expected to be live before September 19. The Ethereum Foundation, a non-profit organization supporting Ethereum and related technologies, clarified on August 17 that the anticipated ‘The Merge’ will not “change any parameters that directly influence network capacity or throughput.” Implying that the gas fees will be high when more people are using the blockchain. And, gas fees will only decrease when less people use it. Furthermore, the non-profit organization also disclosed that ‘The Merge’

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Ethereum Name Creation Doubles to 2 Million in 4-Months

Name Creation Doubles In Four Months to 2 Million. The domain names may be bought and traded on NFT exchanges. Statistics show that 122,327 names were registered in June. As the project experienced the biggest monthly income increase in July, the number of Ethereum Name Service (ENS) domains soared. The astounding two million registration mark has now been broken. The Ethereum Name Service also referred to as ENS, describes itself as a web3-compatible, decentralized protocol that connects intricate, artificially created alphanumeric strings to human-friendly names. The Ethereum blockchain powers the not-for-profit naming system, where ENS domain names are protected by

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Sportswear Giant Puma Rewards NFT Holders With PUMA Nitro Tokens

Puma announces the launch of its official discord channel. In celebration for its launch, holders of Catblox x PUMA Capsule NFTs will be rewarded with PUMA Nitro tokens. Holders will be able to claim the reward on August 21. Puma, a German multinational designer and manufacturing company, launches a discord channel for its Web3 community. In a tweet, the sports brand disclosed that all of the brand’s NFT launch, future innovation, and design for its metaverse will be announced first hand at this channel. Upon launching its discord channel, Puma with the help of CatBlox Studios revealed that CatBlox x

IOHK-and-NMKR-Collaborate-to-Promote-NFT-Adoption
IOHK and NMKR Collaborate to Promote NFT Adoption

Input Output Media has launched a new collaboration. They are creating a Minting app for a new NFT ecosystem. They also have a new FIAT payment option, lettings users pay using cryptocurrencies. The Cardano blockchain’s creator, InputOutputHK (IOHK), and NMKR, the top NFT minting and payment infrastructure on Cardano have announced a new partnership to promote the use of NFTs. New fiat payment methods developed by NMKR will be incorporated as a result of this partnership. This indicates that consumers can make payments using cryptocurrency as well as conventional currencies. As a result, everyone around the globe will be able

SoFi-Launched-Two-ETFs-to-Fund-Blockchain-Tech,-NFTs,-and-Metaverse
SoFi Launched Two ETFs to Fund Blockchain Tech, NFTs, and Metaverse

SoFi launches Web3 ETF and a Smart Energy ETF. The ETFs were designed to make it easier for people to invest in Web3 and clean energy. The fund was set to invest in crypto exchanges and bitcoin miners. SoFi, an American-based online financial services firm, plunged into crypto-related exchange traded fund (ETF) fray and launched funding for blockchain technology, NFTs, and the metaverse. The firm’s ETFs, called SoFi Web 3 ETF (TWEB) and SoFi Smart Energy, convey a management expense ratio of 59 basis points. It also tracks the SoFi Solactive ARTIS Web 3.0 and was arranged to invest in

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NTFiff Taking NFTs to a Whole New Level

Tiffany & Co is a world-renowned luxury jewelry and specialty retailer. The pendant will also be made of gold, stones, and enamel. Punk Ventures says that they want to show that NFTs can be used for more than speculation. Tiffany & Co. has launched “NFTiff,” a collection of 250 NFT passes that can be minted and redeemed by CryptoPunks members to create a unique pendant and an NFT digital artwork. The pendant will be designed and made by Tiffany & Co. artists, who will take inspiration from the Cryptopunk owner’s Punk NFT and translate the 87 qualities and 159 hues

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Billboard x FEWOCiOUS to Drop Billboard ChartStars Pride NFTs

Billboard to work with transgender artist, FEWOCiOUS, to drop Billboard ChartStars NFTs. The NFT collection consists of 250 exclusive NFTs available on July 29th.  Part of the sales proceeds will be sent to Trevor Project, a suicide-prevention organization for LGBTQ youth. Billboard, an American music and entertainment magazine, has partnered with FEWOCiOUS to drop a new Billboard ChartStars collection that consists of 250 exclusive NFTs. The NFT collection, titled “FEWOCiOUS x BillboardChartStars Pride,” will be available on July 29. Billboard ChartStars is a leading destination for collecting digital collectibles or NFTs from the top artists. These NFTs allow users to