NFTs

Gala Games Accused of 'The Orbs' Rug Pull
Gala Games Accused of ‘The Orbs’ Rug Pull

Gala Games is being accused of scamming people. The alleged rug pull is related to The Orbs NFT drop by musician BT. 888 claimed the allegations are false. Gala Games is under fire for allegedly concocting an elaborate plan to scam people. According to accusations, Gala Games rug pulled “The Orbs” NFT drop, causing people to lose hundreds of thousands of dollars’ worth of Ethereum (ETH). The NFT drop in question was in partnership between Gala Games and influencer @crypto888crypto, otherwise known simply as “888”. The two entities teamed up to provide an avenue for Grammy-award nominee musician BT. As

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The-Bank-of-America-Drops-33%-of-Profits-in-a-Year,-Is-Crypto-to-Blame
The Bank of America Drops 33% of Profits in a Year, Is Crypto to Blame?

The Bank of America fell by 33% in profits this Q2 in comparison to last year’s Q2. It fell from $9.2 billion in Q2 2021 to $6.2 billion in Q2 2022. Traditional and CeFi firms are struggling as more crypto adopters take cautious measures. The Bank of America saw a profit of $6.2 billion in Q2. This indicates a 33% fall in profits as the entity saw a profit of $9.2 billion in the same quarter of 2021. Looks like the crypto industry isn’t the only industry facing a difficult financial winter.  Based on the responses to the tweet, it

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Yield-Guild-Games-(YGG)-NFT-Road-Tour-Rocks-Philippine-Fans
Yield Guild Games (YGG) NFT Road Tour Rocks Philippine Fans

What is Yield Guild Games, and what does it do? Yield Guild Games(YGG) road trip. The Axie Infinity tournament Yield Guild Games is a blockchain game developer that invests in non-fungible tokens (NFTs). It utilizes virtual reality and blockchain-based games. Yield Guild Games brings players together where they earn through the NFT games. According to a recent tweet by the YGG official account, the Yield Guild Games held its first road trip to Baguio City in the Philippines. According to reports, this is the first road tour to be held by the YGG platform. On the visit to the city,

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Nickelodeon-Partners-With-Recur-To-Join-the-NFT-Bandwagon
Nickelodeon Partners With Recur To Join the NFT Bandwagon

Paramount Global, the parent company of Nickelodeon, has partnered with Recur to launch an NFT marketplace called nickelodeon.xyz. Public sale of 10,000 Nickelodeon NFTs will begin on July 19th for $50 each. Prior to the NFT launch, Nickelodeon will have an NFT auction at OpenSea on Friday. The first cable channel for children Nickelodeon has set foot in NFT space. Powered by Recur, the popular TV channel giant was bringing back the ‘90s after announcing in a tweet that they will be having an NFT auction this coming Friday via the largest NFT marketplace OpenSea. Nickelodeon fans and collectors will

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Reddit-Introduces-Blockchain-Backed-Collectible-Avatars-as-NFTs
Reddit Introduces Blockchain-Backed Collectible Avatars as NFTs

Reddit announces an NFT collection of its own with Collectible Avatars.  Together with Storefront and the Polygon network, artists can make the best of their work. Interested parties do not need cryptocurrency to buy these NFT avatars. Reddit is thrilled to announce the introduction of an NFT-based avatar marketplace. This platform will arrive in partnership with the Polygon network. It will also be brought to users by New Storefront. The blockchain-backed collectible has enticed Redditers everywhere. As we can see from responses to the tweet, most users are excited to see how fast the community has grown. The majority are

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Etihad-Airways-Launches-2003-NFT-Artworks,-Will-Giveaway-20
Etihad Airways Launches 2003 NFT Artworks, Will Giveaway 20

Etihad Airways will launch 2003 NFT artworks of its Dreamliner fleet.  It will give 20 away for free to 20 lucky winners.  Those owning one of the NFTs will gain many perks. Etihad Airways announces a fabulous NFT collection of digital 3D aircraft models for aviation and digital arts fans. Crypto, NFT, and Etihad fans will soon be able to access beautifully designed aircrafts in digital art form.  The NFT models will showcase the brand’s ten special liveries across their Dreamliner fleet. In particular, each NFT will come with an immediate Etihad Guest Silver status. Interested parties can register now

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HTC-Makes-a-Comeback-With-Metaverse-Phone-Tailored-for-Web3
HTC Makes a Comeback With Metaverse Phone Tailored for web3

HTC announces the launch of its metaverse phone today.  The metaverse phone is called ‘Desire 22 Pro’. It supports web3, metaverse, and crypto apps on the Ethereum and Polygon networks. HTC makes a huge comeback and turns the tide for smartphones everywhere by introducing its latest metaverse phone. The launch of ‘Desire 22 Pro’ is making waves in the crypto and blockchain sphere today.  In detail, the metaverse phone will come with a digital assets wallet as well as a Virtual Reality (VR) headset. The latter will be available as a pairing feature and is in the strategy of the

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Snoop-Dogg-Files-Application-to-Sell-Virtual-Cannabis
Snoop Dogg Files Application to Sell Virtual Cannabis

Snoop Dogg files trademark applications for an online retail store.  It will feature virtual goods, digital collectibles, and NFTs. The online retail store will sell a number of goods from apparel to virtual cannabis. Snoop Dogg catches the attention of the crypto and NFT community once again with his latest announcement. The rapper has filed a trademark application for an online retail store. Specifically, the store will feature virtual goods and NFTs. From Blockworks’ tweet we can see that the community is quite excited about the announcement. To highlight, many of the responses preach about crypto and NFTs being here

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P2E NFT Bird World Launches on Binance NFT
P2E NFT Bird World Launches on Binance NFT today

Bird World NFTs will be available at the NFT marketplace of Binance today. Each mystery box that contains the NFTs will be sold for 500 BUSD a piece.  The NFTs will be used for its upcoming GameFi and metaverse game. Bird World, the first NFT bird game based on the BNB Chain network blockchain, announced via Twitter the launch of its NFT collection today on Binance NFT marketplace at around 5:00 am UTC. The problem of most “play-to-earn” games on the market today is that they focus on the revenue side rather than the overall gameplay, matches aren’t always fair,

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BSC, Animoca Brands Launch $200M NFT Gaming Fund
Bill Gates: Crypto and NFTs Are “100% Based on Greater Fool Theory”

Microsoft co-founder Bill Gates thinks that crypto and NFTs are “100% based on greater fool theory.” Gates jokingly said “digital images of monkeys” will “improve the world immensely.” The billionaire confirmed that he’s not involved in crypto and won’t buy it. Bill Gates, the multi-billionaire Microsoft co-founder, talked about his views in regards to cryptocurrencies and NFTs at TechCrunch talk on climate change Tuesday. Gates, who is currently the fourth-richest person in the world, is not a fan of crypto and NFTs as he categorized both of them as “100% based on greater fool theory.”  The multi-billionaire sarcastically stated that

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SuperRare-Partnered-with-Vertical-Crypto-to-Launch-3-day-NFT-festival-in-London (1)
SuperRare Joins Vertical Crypto to Launch 3-Day NFT Festival in UK

Vertical Crypto collaborated with SuperRare and Tezos for a 3-day festival for art and culture. This will be the first NFT festival in London that features art, fashion, and music. The event is going to be held at Fabric London from July 6-8 and tickets are now available. SuperRare, a marketplace exclusive for crypto artworks, announced a partnership with Vertical Crypto to present ‘Proof of People’, London’s first captivating 3-day festival for art and culture from July 6th to 8th. The festival will exhibit art, fashion, and music among other things through a metaverse culture and NFT-backed technology perspective. The

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Forbes Reveals Top NFT Marketplaces in 2022
DEXterlab’s Survey Shows Most Investors Lost Money From Buying NFTs

Survey from DEXterlab shows 64.3% of investors buy NFTs to make money. The survey revealed most investors lost money from NFTs. Almost half of the NFT owners are comfortable spending between $50 to $500. DEXterlab, a crypto and NFT data aggregator platform, disclosed that most NFT investors are looking to gain extra income.  The survey, which was conducted via poll votes on Twitter, shows 64.3% of NFT owners responded they purchased NFTs ‘to make money’.  According to the study, investors will be able to gain profit through NFTs upon making the right purchase decisions. This includes the timing of an

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