Category: NFT

The UK’s Treasury has abandoned its plans to launch government-backed NFTs. The NFTs were originally meant to be issued by the country’s Royal Mint. Former Chancellor of the Exchequer Rishi Sunak intr...

Non-fungible tokens, also known as NFTs, have been used for several purposes. One of them is to gain access to digital events like concerts. Meaning, the concept has been open for now; however, that i...

Gambulls, the online full licensed Web3 casino platform, is set to introduce its highly-anticipated NFT collection, Gambulls NFT Collection, on March 31st, 2023.  This unique NFT collection will be av...

The UK Treasury (HM Treasury) has halted plans to launch a Royal Mint Non-Fungible Token (NFT), as announced by Economic Secretary of the Treasury, Andrew Griffith. Initially proposed by then-Chancell...

25 mins ago | 2 mins read NFT News The original target for the project’s debut was the summer of 2022. Chancellor of the Exchequer Sunak requested the NFT collection in April 2022. Plans to introduce ...

During the 2023 edition of Metaverse Fashion Week, March 28-31, Gucci announced a new collaboration with NFT (Non-Fungible Token) giant Yuga Labs, creators of the famous NFT Bored Ape Yacht Club colle...

NFTs have established a formidable sector in the cryptocurrency industry. According to Cryptorank, the NFT market is worth $2.9 billion by market capitalization. The top 10 NFT blockchains include Eth...

Following the success of the beta version of Bicasso, Binance’s Artificial Intelligence-powered NFT generator that reached as many as 10,000 mints in 2.5 hours on 1 March, the service will be extended...

The UK Treasury has dropped plans to launch NFTs issued by the Royal Mint. The NFT venture was introduced by PM Rishi Sunak last year.  Plans for a non-fungible token [NFT] venture, which was supposed...

Ticketmaster, a known leader in event ticketing, is once again experimenting with NFTs that give certain token holders exclusive access and discounts to events. Ticketmaster has integrated cryptocurre...

The UK’s Treasury canceled plans to launch a non-fungible token that were part of a broader bid to make the nation a more appealing hub for crypto innovation.  The move — initially propose...

Gucci has alwasy capitalized on new changes within the industry and disruptions within society. Gucci is gradually shifting its focus to the Web3 space with the announcement of a multi-year collaborat...

The United Kingdom has shelved plans to launch a government-backed “NFT for Britain,” which was initially proposed by crypto-friendly Prime Minister Rishi Sunak. While serving as chancellor of the Exc...

Web3 • March 27, 2023, 7:44PM EDT With a new feature launched by Ticketmaster this morning, artists can now relate to their fans in a new way — by providing NFT holders with special access to concert ...

NFT Trader Brandon Riley unintentionally burned CryptoPunk #6851 A burned NFT is irretrievably destroyed and cannot be exchanged or reaccessed. One of the first and most well-known non-fungible token ...

Ticketmaster has launched a feature that allows artists to grant NFT owners special access to events, marking another use case for the evolving technology powering digital collectibles. Such “token-ga...

ApeCoin DAO, the community that governs ApeCoin — the Ethereum governance token used to aid decision-making in the APE ecosystem — has voted against introducing two new NFT collections. The proposal w...

JPG.Store improves its site’s language translations to provide easier access for international artists to create NFTs for a global community of buyers. JPG.Store announced the launch of ‘language loca...

Gucci has announced a partnership with NFT giant Yuga Labs to bring luxury digital fashion into the metaverse. According to a report from Business of Fashion, Gucci and Yuga Labs have signed a multi-y...

Coniun a leading Web3 company, has announced the tokenization of its NFT ecosystem to promote sustainability and scalability. The project, which includes a suite of B2B and B2C utilities for the NFT m...

The serial entrepreneur, tech bigwig, and singer Jeffrey Huang, better known in the crypto world as Machi Big Brother, has suffered realized losses of up to 2,400 ETH ($4.2 million) thanks to his atte...

The ApeCoin Community has voted on a proposal that suggested the creation of a new NFT series, rejecting the idea. ApeCoin Armory Club and Ape Coin Pet Club were the two NFT collections. The ApeCoin D...

An NFT trader was devastated Friday to discover that a CryptoPunk he purchased for 77 Ethereum went up in smoke after he accidentally sent the pricy piece of digital art to a burn address. Burn addres...

Blur’s TVL witnesses a huge spike as interest in the protocol grows. OpenSea manages to outperform Blur in daily activity. After Blur entered the NFT space, the prowess of marketplaces such as OpenSea...

NFTs can be traded and converted into fiat currency. NFTs for collectibles are digital versions of traditional collectibles like trading cards NFTs are digital recreations of one-of-a-kind works of ar...

20 seconds ago | 2 mins read NFT News Sony patented a framework that allows players to move and use NFTs across games. NFT’s ownership may be licensed to third-party organizations for their own usage....

NFT Inspect, a Web3 social intelligence platform that specializes in NFT market analysis, has said it is back in business, via a tweet, on March 24. Previously, NFT Inspect announced on January 4 that...

23 seconds ago | 2 mins read NFT News Brandon Riley, an NFT collector, purchased CryptoPunk #685 on March 13 for 77 ETH. Due to Riley’s inexperience with wrapping NFTs, the asset was delivered to a bu...

NFTs, or non-fungible tokens, have taken the world by storm in recent years. These unique digital assets, which are stored on the blockchain, have opened up new possibilities for artists, collectors, ...