Learning from the history of Web3 games, the importance of tokenomics and proposed solutions Tokenomics design is an important issue during development for Web3 games. This is because Web3 games include elements in which the prices of FT and NFT fluctuate depending on the external economy and internal supply-demand balance, so it is necessary to […]
Blur closes in on OpenSea In Ethereum’s NFT (non-fungible token) economy, the market share of Blur, which is characterized as an NFT marketplace for professional traders, is growing rapidly. Blur, which just launched in October 2022, wins over traders with its zero fees and fast aggregation model. It is becoming comparable to the market share
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What is Utility NFT NFTs are often associated with JPEG images, but real-world use cases continue to evolve. Last year saw a surge in interest in NFTs, especially profile picture (PFP) NFTs, NFTs that can be used as avatars on social media. At the height of the NFT boom, PFP projects inspired by Larva Labs’
Detailed explanation of the FAQ overview related to “NFT tax” of the National Tax Agency Contribution by Professor Ayaya Izumi On January 13, 2020, the National Tax Agency website published the “Tax Treatment of NFTs (FAQ)”. The content is more in-depth than Tax Answer No.1525-2 “Taxation related to transactions using NFT and FT”, and there
Nike, Digital Sneaker Design Contest Nike’s NFT platform “.SWOOSH” announced on January 25 that it is looking for users to design their own sneakers. Members of the .SWOOSH community are invited to participate in a contest dubbed “#YourForce1”, where participating users post their sneaker designs on Instagram. Four people will be selected from the submitted
London, United Kingdom, 27th May, 2022, Chainwire Bullieverse, an open-world, 3D metaverse gaming platform that runs on Unreal Engine has announced the launch of the complete version of its very first Web3 play-to-mint NFT game, Bear Hunt. Bear Hunt is a single-player game that was previously launched in preview in March, and has the distinct
London, United Kingdom, 24th May, 2022, Chainwire Bullieverse, a fantasy metaverse filled with friends, games, and rewards, is excited to announce the integrated Chainlink Verifiable Random Function (VRF) on Ethereum and Polygon. This integration will help the project fairly distribute Bear NFTs (the newest addition to its Citizens of Bulliever Island (COBI) NFT collection). As
Los Angeles, United States, 11th May, 2022, Chainwire Renowned and respected feminist artist Lina Valentina is preparing to launch her first NFT series. Under the “No More” banner, the collection will solidify women’s position within the Web3 environment and denounce domestic violence. The name Lina Valentina is synonymous with the artistic scene across New York
London, United Kingdom, 4th May, 2022, Chainwire The Brand Jurassic Punks is the creation of Meta-Labs Studios (London, UK), an animation and film-making studio founded by 2 veterans of the VFX industry. They have worked with and led some of the most influential studios in the post industry, working with clients such as Nike, Coca-Cola,
Zug, Switzerland, 2nd May, 2022, Chainwire Colizeum is pleased to announce the upcoming $ZEUM Token Generation Event on May 4th, 2022, at 04:00 am UTC in centralized and decentralized exchanges, ensuring everyone has fair access to the token launch. The TGE will kick off across various centralized – Gate.io – and decentralized – Uniswap and
The popular NFT collection Bored Ape Yacht Club is making headlines again, not for good reasons though. Bored Ape NFTs, allegedly worth $3 million, were stolen after hackers gained access to the collection’s Instagram and Discord accounts. “This morning, the official BAYC Instagram account was hacked. The hacker posted a fraudulent link to a copycat
Banking on the latest popularity of non-fungible tokens (NFTs), Li Ning, a popular Chinese sports apparel brand, has announced that it plans to release a Bored Ape Yacht Club-themed apparel line that would boast Bored Ape #4102 on its merchandise. The company announced the new strategy on China’s social media platform Weibo where it revealed
Renowned auction house Sotheby’s has been revealed to accept payments in DOT, the native cryptocurrency of blockchain network Polkadot, for its ongoing NFT auction project “Natively Digital 1.3: Generative Art.” The auction, which began on April 19th, is Sotheby’s third event focusing on generative art NFTs. Generative art is an art practice where a piece
Dubai, United Arab Emirate, 19th April, 2022, Chainwire Today, Web3 innovator BitSport has announced its latest project, NFT-IGO, a new way for gamers and streamers to monetize their gameplay and interact with their fanbase. Similar to an initial public offering (IPO) in the stock market or an initial coin offering (ICO) in the crypto space,
More and more companies are benefiting from the soaring popularity of non-fungible tokens. Genies, an NFT avatar startup, has now hit unicorn status following its recent funding round that added another $150 million to the firm’s treasury. The Series C round, which took the company’s valuation to $1 billion, was led by private equity firm
Following the heels of payments giant American Express, rival Mastercard has filed for 15 metaverse and NFT trademark applications with the US with the United States Patent and Trademark Office on April 4. The trademark filings were disclosed by trademark attorney Mike Kondoudis, who revealed the applications were related to NFT collectibles and marketplace, software
Popular NFT marketplace OpenSea has expanded its payment options to fiat by enabling transactions through credit cards. The company has partnered with payments infrastructure firm MoonPay to enable direct credit card payments. Specifically, OpenSea will leverage MoonPay’s new solution NFT Checkout which allows users to purchase an NFT instantly with a debit or credit card,
