NFTs

$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

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OpenSea Boosts its NFT Marketplace Using Seaport Protocol
OpenSea Boosts its NFT Marketplace Using Seaport Protocol

OpenSea announced the new Web 3.0 marketplace protocol Seaport on May 20. Seaport features more safe and efficient transactions, bundled deals, a “tipping” system, and more. This optimization shows OpenSea’s determination to continue its market lead. Global decentralized app store DappRadar revealed in a tweet that OpenSea is optimizing its Web 3.0 NFT marketplace with Seaport protocol. In the news blog, OpenSea announced its Web 3.0 NFT marketplace protocol Seaport last weekend. Seaport is an open-source protocol with decentralization and flexibility at its core, seeking to equip all builders, creators, and collectors of NFTs. OpenSea is the first and largest

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AMC Theaters To Give NFTs via Top Gun: Maverick Show
AMC Theaters To Give NFTs via Top Gun: Maverick Show

After 36 years, Tom Cruise is back for a sequel to Top Gun. AMC Theaters grants an early access event ahead of Top Gun: Maverick’s global launch. Moviegoers will receive a collector’s pin, print, and NFT upon purchasing a ticket via AMC website or app. Tom Cruise’s new movie Top Gun: Maverick will premiere today through an early access screening event. The movie, directed by Joseph Kosinski, will be released globally on May 27, 2022. AMC Theaters CEO Adam Aron announced via Twitter that fans can be the first onboard to watch the new Top Gun on May 24 at

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Axie-Infinity-to-Launch-AxieCon-Amid-Daily-Active-Users-Decline
Axie Infinity To Launch AxieCon Amid DAU Decline

The first-ever AxieCon includes community discussions, product announcements, and parties. Players aren’t happy with the SLP price inflation amid the daily active user drop. Waitlist ticket registration for AxieCon is now available. NFT-based game Axie Infinity announced via its official Twitter account the first-ever AxieCon. The event is scheduled for September 7-10, 2022, and will be held at Fira de Barcelona convention center in Spain.  AxieCon: Barcelona is a physical gathering of Axie Infinity’s digital community, which includes builders, battlers, dreamers, and thinkers for three days of live Axie event. The three-day event will feature product announcements, exclusive merch, developer

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Polkadot Global Hackathon Now $270K Prize Pool
Polkadot Global Hackathon Now $270K Prize Pool

Polkadot Hackathon Global Series: North America to launch on May 30. The event is open for all, though it focuses on North America. The $270,000 prize pool will update on a rolling basis. Global hackathon organization AngelHack announced via tweet the first Polkadot Hackathon Global series: North America from May 30 to July 18, 2022. After the huge success of Polkadot APAC Hackathon in October 2021, the Web3 Foundation now brings this fully virtual program that will last for six weeks. Focusing on Substrate, Polkadot, and Kusama, the hackathon will gather a diverse community of blockchain developers to build and

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The-Sandbox-Gives-$25M-to-World-of-Women-NFT
The Sandbox Gives $25M to World of Women NFT

The Sandbox gave a $25M grant to World of Women NFT collective. It aims to promote diversity and inclusivity of women in Web3 space. The Sandbox invested more than $175M to support the metaverse ecosystem. Leading metaverse brand Sandbox revealed in a tweet that they have given a $25 million grant to World of Women NFT. The grant was part of Sandbox’s drive to support creators around the world and the metaverse ecosystem. The metaverse brand invested more than $175 million to secure stability and sustainability growth of the community. The Sandbox is a community-driven platform where players and creators

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Limewire-To-Launch-Music-NFT-With-Universal-Music
Limewire To Launch Music NFT With Universal Music

Limewire signed a deal with Universal Music Group for music NFT licensing. UMG artists will be able to sell their music in the form of NFTs through Limewire. Along with early Limewire marketplace access, users can also win NFT airdrops by signing up for its waitlist. Limewire, a discontinued peer-to-peer file-sharing software, revealed a partnership with Universal Music Group via tweet to bring music NFTs via its marketplace.  The free file sharing software is relaunching as an NFT marketplace for art and entertainment, pointing out that it initially focused on music. The company claims that they are returning as a

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NFT Berlin Amasses 100+ Speakers For Unconference
NFT Berlin Amasses 100+ Speakers For Unconference

NFT Berlin will launch on May 25 at Alte Münze, Berlin. The event consists of a 2-day unconference and 2-day hackathon. Team gathered more than 100 of the best speakers to talk about the NFT community ecosystem. NFT Berlin 2022, scheduled for May 25-28, will happen at Alte Münze, Berlin, Germany.  According to the event’s website, NFT Berlin is a non-profit yearly NFT unconference influenced by the community of enthusiastic NFT artists and technologists. The event will feature NFT art exhibition, collectibles & society, game & experiences financialization, and infrastructure & research. The event has two parts: a two-day unconference

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Blue-Chip NFTs Dive Faster Than BTC Amid Crypto Crash
Blue-Chip NFTs Dive Faster Than BTC Amid Crypto Crash

Bored Ape Yacht Club and other blue-chip NFTs sales price went down. The whole crypto market has been in a downtrend movement for weeks. Bitcoin has been down by more than 50% since its ATH early November. Blue-Chip NFT collections such as Bored Ape Yacht Club (BAYC) are being hit harder than any cryptocurrencies by the massive downtrend of the crypto market all over the sector.  BAYC, which recently bested the rest of the crypto market, has dropped its average sale price by 29% over the last seven days. According to NFT Price Floor and DappRadar, transaction and user volumes

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Instagram to Allow NFT Sharing on Its Platform
Instagram to Allow NFT Sharing on Its Platform

Instagram added a new feature that would allow NFT sharing on its platform. The new feature will allow creators and collectors to connect a digital wallet, share digital collectibles, and automatically tag themselves. There will be no fees for posting or sharing NFTs on Instagram. The photo and video sharing app Instagram revealed in a tweet that its social media app is going to integrate non-fungible tokens (NFTs) into its platform. The brand new feature would enable NFT creators and collectors in showcasing their NFTs on Instagram. According to a blog post, they already began testing it with a couple

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Avant Labs Taps Ultra for P2E NFT Game Elarium
Avant Labs Taps Ultra for P2E NFT Game Elarium

Avant Labs and Ultra collaborated to develop a P2E NFT game called Elarium. Elarium is a blockchain-based first-person shooter integrated with NFTs. NFTs will debut this year while the game will launch in Q1 2023. Avant Labs has partnered with Ultra to develop a play-to-earn game Elarium, which will exclusively launch on Ultra Games. The official Twitter page of Elarium expressed its excitement about its recent partnership with Ultra. Avant Labs AG is a blockchain startup company based in Switzerland. The team consists of over 40 experienced members in different fields, including artists, game designers, blockchain devs, directors, and more.

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NFT.io To Give Away NFTs Prior to Marketplace Launch
NFT.io To Give Away NFTs Prior to Marketplace Launch

NFT.io is giving away free NFTs for waitlist participants. The NFT marketplace is currently in a closed beta testing. It allows users to mint, buy and sell NFTs, hold auctions and bids, and receive rewards. NFT.io, an upcoming NFT marketplace by Enjin, announced that they will be offering free NFTs to those who sign up to the waitlist ahead of the marketplace’s prelaunch. The NFT marketplace also shared a sneak peak of the NFTs that users can grab during its prelaunch giveaway.  NFT.io will be integrated with Enjin wallet 2.0, which allows individuals and companies to tokenize and sell their

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