NFT
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Gaspack Secures Pre-Seed Investment Round to Promote Inclusive NFT Environment
According to reports, Gaspack, a digital creation platform based on NFT, announced the completion of a pre feed round of financing, led by eMerge and Arise, angel investor networks under MDI Ventures, and participated by venture capital firm 500 Global and blockchain ecosystem Tokoin. Gaspack was founded in 2022 to help creators create a more inclusive NFT environment to support creators and brands in the Web3 economy, and promote the decentralization of intellectual property development. At this stage, it mainly focuses on the field of digital comics. (sbr) Gaspack, a digital creation platform based on NFT, completed a pre feed round of financing Analysis based on this information:Gaspack, a digital creation platform founded in 2022 to promote a more inclusive NFT environment for creators and brands, has announced the completion of its pre-seed round of financing. The round was led by eMerge and Arise, angel investor networks under MDI Ventures, and 500 Global and blockchain ecosystem Tokoin participated in the…
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Vietnam Emerges as a Growing Crypto Market with a Diverse Portfolio
On March 16th, according to the “2022 Vietnam Cryptocurrency Market Report” recently released by Coin98 Insights, there are currently about 200 blockchain projects in operation in Vietnam, with gaming and metauniverse projects accounting for 28.8%, DeFi accounting for 26.0%, NFT accounting for 12.4%, infrastructure accounting for 11.3%, and Web3 accounting for 5.1%. Vietnam has over 16.6 million cryptocurrency holders, second only to Thailand in ASEAN, with 31% holding BTC; Seven of the world’s top 200 blockchain companies were founded by Vietnamese. (viet-jo.com) Data: Vietnam has over 16.6 million cryptocurrency holders, second only to Thailand in ASEAN Analysis based on this information:Vietnam is slowly emerging as a new player in the cryptocurrency market with a wide range of blockchain projects in different domains. According to the “2022 Vietnam Cryptocurrency Market Report” by Coin98 Insights, there are around 200 blockchain projects currently operating in Vietnam. Gaming and metauniverse projects account for the highest share with 28.8% followed by DeFi at 26.0%, NFT…
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Former Ledger Executive Raising Millions for NFT Art Fund
According to reports, Jean Michel Pailhon, a former Ledger executive, is raising up to $25 million for an NFT art fund. The fund will give priority to blockchain art with “cultural influence”. The fund hopes to mainly attract non encrypted local investors, paying special attention to institutions that already hold physical artwork in their offices and want to access blockchain based NFT artwork. Jean Michel Pailhon, a former executive at Ledger, raised $25 million for the NFT Art Fund Analysis based on this information:Reports indicate that former Ledger executive Jean Michel Pailhon is currently in the process of raising up to $25 million for an NFT (Non-Fungible Token) art fund. The fund is specifically designed to give priority to blockchain art that has “cultural influence” and seeks to attract local investors – particularly those who are not experienced in the crypto market. The idea behind the fund is to allow institutions that already have physical artwork in their offices…
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Maggi to Launch First NFTs using Blockchain Technology to Enhance Customer Interaction
According to reports, Nestle’s Swiss cooking giant “Maggi” has announced that it will launch its first NFT using blockchain technology. These NFTs will cover the main products of Maggi, including Maggi noodles, Maggi Masala ae Magic, and Maggi Hot&Sweet. It is reported that this is the first time Maggi has launched NFT. Rajat Jain, the head of the company’s food business, revealed that more innovative ways of interacting with customers will be introduced in the future, It aims to change the rules of the game in the food and beverage (F&B) industry and set new standards for customer participation through NFT. (abplive) Swiss cooking giant" Maggi" Launch of the first NFT Analysis based on this information:Nestle’s Swiss cooking giant, Maggi is all set to launch its first NFTs using blockchain technology to revolutionize customer interaction in the food and beverage industry. The NFTs will cover the company’s main products, including Maggi noodles, Maggi Masala ae Magic, and Maggi Hot&Sweat. This…
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MoonPay’s CEO Discusses the Integration of NFT and Cryptocurrencies in Daily Life
According to reports, Ivan Soto Wright, CEO of MoonPay, discussed at the NFT conference in Paris how MoonPay cooperates with brands such as Puma and Nike to manage their Web3 games and smart contracts, and how NFT and cryptocurrencies will become mainstream when they can be integrated into our daily lives. Ivan stated that we want to make it easy for anyone anywhere in the world to use payment methods such as debit and credit cards, and we want to localize this experience so that they can easily purchase their first cryptocurrency or NFT. Cryptocurrency needs to be used in daily life, and NFT needs to be used in daily life. MoonPay CEO: Wants to achieve large-scale adoption of NFT and cryptocurrencies Analysis based on this information:In the recent NFT conference held in Paris, Ivan Soto Wright, the CEO of MoonPay, shared his insights on the integration of NFT and cryptocurrencies in our daily lives. MoonPay is a platform that…
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Boring Ape’s “Summoning” Launches with Exclusive NFT Series for Sewer Pass Holders
On March 16th, it was announced that “Boring Ape” BAYC today announced the official launch of “Summoning”. After that, Sewer Pass holders will be able to cast their latest NFT series HV-MTL. The price of the new NFT series HV-MTL floor cast by BAYC “Call” has risen to 2.4 ETH, with a transaction volume exceeding 3600 ETH Analysis based on this information:Boring Ape, a popular NFT collectible project, announced on March 16th that it is launching its latest feature, called “Summoning”. With this new feature, Sewer Pass holders will be granted exclusive access to cast the latest series of Non-Fungible Tokens (NFTs) called HV-MTL. Boring Ape’s latest move aims to enhance the experiences of its collectors and bring a new level of excitement to owning NFTs. Boring Ape’s NFTs have been highly coveted in the digital art world. And with the launch of “Summoning,” the project aims to further engage its most loyal collectors. According to the statement, Summoning will…
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DeGods Announces Opening of 500 New NFT Foundries on the Bitcoin Network
On March 16th, the NFT project DeGods announced that it would open 500 new series NFT foundries on the Bitcoin network, with a casting price of 0.444 BTCs per NFT. The tentative casting time is Friday afternoon Pacific Standard Time. More information will be released later. DeGods: Will Open 500 New Series NFT Foundations on Bitcoin Network Analysis based on this information:DeGods, a popular NFT project, has announced that it will open 500 new series NFT foundries on the Bitcoin network. The casting price for these NFTs has been set at 0.444 BTCs per NFT, and the tentative casting time is Friday afternoon Pacific Standard Time. This is exciting news for NFT enthusiasts and collectors, as it represents a significant expansion of the DeGods project. NFTs, or non-fungible tokens, are unique digital assets that are secured using blockchain technology. They have become increasingly popular in recent years, with high-profile sales of NFT artwork and collectibles fetching millions of dollars. DeGods…
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BAYC Opens “Summoning” for Eligible Sewer Pass Holders: A Great Opportunity for NFT Collectors
On March 16th, BAYC announced on official Twitter that “Summoning” has officially opened and is open to all eligible Sewer Pass holders. BAYC: “Summoning” has officially opened Analysis based on this information:Bored Ape Yacht Club (BAYC) announced on March 16th, 2022, that its “Summoning” feature was officially available for eligible Sewer Pass holders. This is a great opportunity for NFT collectors who own a Sewer Pass to participate in Summoning, an innovative new feature that allows users to summon different characters and creatures to enhance their digital art collections. BAYC is one of the most popular and respected NFT collections in the industry. The Bored Ape Yacht Club was founded in April 2021 by a group of artists and developers who wanted to create a community of like-minded people who appreciate digital art and blockchain technology. Today, it is one of the largest and most successful NFT collections, with a total market cap of over $3 billion. Sewer Pass is…
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Saudi Arabia’s Nuqtah NFT Market Completes Seed Round Financing Led by Animoca Brands
On March 16th, Nuqtah, the first NFT market in Saudi Arabia, announced the completion of a seed round of financing, led by Animoca Brands, and participated by Polygon and a group of local investors. However, the specific amount of financing has not yet been disclosed. The company will use the new funds to expand its business in product development, marketing, talent recruitment, and other business areas in the next 12 months. Nuqtah completes seed round financing in Saudi Arabia’s NFT market, led by Animoca Brands Analysis based on this information:Nuqtah, the first NFT market in Saudi Arabia, has just completed its seed round financing, led by Animoca Brands, alongside Polygon and a group of local investors. While the exact amount of financing has not been disclosed, this announcement carries significant weight for the digital art community across the country. The primary reason for its inception is to provide a trustworthy and secure marketplace for artists to trade digital assets and…
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Solana Ecological NFT Market Formfunction will Shut Down on March 29
According to the official blog, the Solana Ecological NFT Market Formfunction announced that it will close on March 29, and users still have full ownership of NFT. “After many discussions and careful consideration, we have come to the conclusion that we cannot continue to run Formfunction. We will continue to maintain Formfunction until March 29. After that date, users will no longer be able to access our website.” The NFT market Formfunction announced that it would close on March 29, and completed a funding of $470 a year ago Analysis based on this information:The Solana Ecological NFT Market Formfunction, a platform that allows users to buy and sell Non-Fungible Tokens (NFTs), has announced that it will shut down on March 29, 2022. According to the official blog post, the decision to close the platform was made after “many discussions and careful consideration.” The statement also assures users that they will retain full ownership of their NFTs even after the platform…
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Pocket Universe Warns of NFT Theft by Hackers Exploiting Blur Signature Vulnerability
It is reported that the Web3 security company Pocket Universe issued a warning on social media that hackers may steal NFT by using the Blur signature vulnerability. This scam will use the forged signature request to exhaust the NFT of users’ wallets. Its operation mode is to induce the victim to sign a transaction of “selling NFT in bulk at 0 ETH price”. However, there is always a message in the Blur batch list that is unreadable, As a result, users do not know what they are signing and the message cannot be translated, which will make it easier for hackers to gain access and make it more difficult to identify malicious requests from hackers. Pocket Universe said that it has provided a security solution, that is, to mark transactions that are not from the official Blur website. However, in the first cases, hackers have been found to have stolen 5 ETHs in a signed transaction. Security companies: hackers or…
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Natively Digital: Sotheby’s Brings Oddly Satisfying Beeple-themed Meme-inspired Auction with NFT
According to reports, Sotheby’s held a “Natively Digital: Oddly Satisfying” auction, which featured Beeple as the theme and Meme inspired NFT auction, including artists Anyma, Beeple, Luis Ponce, and others. Sotheby’s will hold a special NFT auction on March 17th Analysis based on this information:Sotheby’s, the world-renowned art auction house, recently held a “Natively Digital: Oddly Satisfying” auction that featured some of the most prominent names in the world of digital art. The theme of the auction was centered around Beeple, who has made a name himself in the world of NFT (non-fungible tokens) artwork. The auction also had a Meme inspired NFT auction, which included artists such as Anyma, Luis Ponce, and others. Beeple, whose real name is Mike Winkelmann, has become one of the most famous digital artists in the world over the past few years. His art is characterized by its vibrant colors, dystopian themes, and use of futuristic elements. He has also made a name for…
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Metalink secures $6 million seed funding for NFT portfolio management and social platform
On March 15th, NFT’s portfolio management and social platform Metalink completed a $6 million seed round financing, with Guy Oseary, Gary Vaynerchuk, MoonPay CEO Ivan Soto Wright, The Sandbox founder Sebastien Borget, former Coinbase CTO Balaji Srinivasan, DJ Justin Blau, Social Capital, Arrington Capital, Sound Ventures, Gemini Frontier Fund BallerVC, the venture capital division of Dapper Labs, and Human Ventures of Genies participated in the investment. NFT social platform Metalink completed $6 million seed round financing Analysis based on this information:Metalink, a social platform focused on portfolio management of non-fungible tokens (NFTs), has raised $6 million seed funding in a round led by early-stage venture capital firm Social Capital. The funding round included participation from prominent investors such as Gary Vaynerchuk, Guy Oseary, former Coinbase CTO Balaji Srinivasan, DJ Justin Blau, and Arrington Capital. NFTs are digital assets that are unique and represent ownership of an item, such as artwork or music, and provide the owner with certain rights. The…
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Sherwin Williams Applies for NFT Trademark: Unlocking Membership Access
According to reports, trademark and copyright attorney @ NeerMcD disclosed on social media that Sherwin Williams, the world’s largest paint supplier by market value, has submitted a trademark application related to NFT, which involves downloadable virtual goods, digital assets, and multimedia files, including artwork, text, audio, and video related to paint, paint chips, and related products, and has been verified through NFT or blockchain networks, By holding an NFT, you can grant membership club services based on member access rights. Paint and paint giant Sherwin Williams submits a trademark application involving NFT Analysis based on this information:According to recent reports, Sherwin Williams, one of the world’s largest paint suppliers, has submitted a trademark application related to NFT (Non-Fungible Token). NFTs are virtual assets that represent ownership of unique digital items, such as artwork, music, videos, and even tweets. Sherwin Williams intends to use the NFT technology for its digital assets, including paint chips, artwork, text, audio, and video related to…
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ImmutableX’s Major Upgrades Expected to Revolutionize Ethereum NFT Layer 2 Expansion Plan
On March 15th, according to official websites and tweets, the Ethereum NFT Layer 2 expansion plan ImmutableX will announce four major updates in the next two months. The official believes that this update is the “largest Token utility upgrade in IMX history, which will permanently change the foundation of IMX.”. It is reported that two of the upgrades will be announced in the early hours of March 21 Beijing time Ethereum NFT Layer 2 Expansion Scheme ImmutableX will announce two major updates on March 21 Analysis based on this information:On March 15th, official websites and tweets announced that the Ethereum NFT Layer 2 Expansion Plan, ImmutableX, is set to unveil four major updates in the next two months. The official announcement calls the updates “the largest Token utility upgrade in IMX history, which will permanently change the foundation of IMX.” This is an exciting update for the Ethereum community, as it is expected to revolutionize the entire NFT world on…
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STEPN Developer Find Satoshi Lab Launches GNT, A One-Stop NFT Creation Tool
On March 15th, according to official news, STEPN developer Find Satoshi Lab announced that it would launch the NFT AI Generated Content (AIGC) product GNT, which provides users with a one-stop service to create and cast NFTs on the multi chain NFT market MOOAR without requiring AI related knowledge or the deployment process of smart contracts. STEPN developer Find Satoshi Lab announces the launch of NFT AIGC product GNT and will launch a beta activity Analysis based on this information:The world of cryptocurrency and blockchain technology is rapidly expanding, and with it comes new opportunities for innovation and growth. One of the most exciting developments in recent years has been the emergence of NFTs, or non-fungible tokens. NFTs are unique digital assets that can be bought, sold, and traded like traditional cryptocurrencies. However, unlike cryptocurrencies such as Bitcoin or Ethereum, each NFT is one-of-a-kind and cannot be replicated or replaced. This makes NFTs ideal for use in the creation and…
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NFT Forever Launches to Showcase Filecoin’s Verifiable Storage through Smart Contracts
On March 15th, the NFT data storage platform NFT.Storage announced the launch of the NFT Forever project to demonstrate that Filecoin’s new virtual machine (FVM) can guarantee verifiable storage through smart contracts. NFT Data Storage Platform NFT.Storage Launches NFT Forever Project Analysis based on this information:On March 15th, NFT.Storage platform announced the launch of a new project, NFT Forever, which aims to showcase the new virtual machine of Filecoin through smart contract technology. The platform aims to guarantee verifiable storage through its innovative virtual machine. This project is significant and comes at a time when people are paying close attention to NFT’s and the data storage platforms that support them. NFT (Non-Fungible Token) is a type of digital asset whose ownership and authenticity are verified on blockchain technology. These tokens can represent anything from art to music, and their authenticity and ownership are stored on a secured blockchain network. The NFT Forever project will demonstrate the usefulness of Filecoin’s Virtual…
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Bounce decentralizes auction platform with ERC1155
On March 15th, the decentralized auction platform Bounce announced that it would introduce ERC1155 to provide the fixed price auction function of NFT. This new function will be provided in the NFT auction pool section of Bounce V3. The ERC1155 NFT can represent multiple tokens in a single smart contract, making it more flexible and cost-effective in terms of gas fees. With Bounce’s fixed price auction function, buyers and sellers can reach an agreement on the fixed price of the auctioned NFT. During the auction process, participants can bid or withdraw their bids at any time. Currently, the development of this feature has undergone final testing and is currently resolving errors. The decentralized auction platform Bounce will introduce ERC1155 to provide NFT fixed price auction functionality Analysis based on this information:Bounce, a decentralized auction platform, has announced that it will introduce ERC1155 to provide a fixed price auction function for NFTs. The new function will be made available in the…
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Limit Break Acquires FreeNFT
According to reports, Gabriel Leydon, CEO of Limit Break, the parent company of the NFT project DigiDaigaku, tweeted that Limit Break had completed the acquisition of the NFT platform FreeNFT, and the specific amount of the proposed acquisition was not publicly announced. FreeNFT is a Free to Own ecological Launchpad on which Digi Daigaku once drew a prize. DigiDaigaku parent company Limit Break completes the acquisition of NFT platform FreeNFT Analysis based on this information:Limit Break, the parent company of DigiDaigaku, has reportedly completed the acquisition of the Free to Own ecological Launchpad, FreeNFT. Gabriel Leydon, the CEO of Limit Break, announced the news through his Twitter account but did not disclose the actual cost of the acquisition. FreeNFT is a platform that has been designed to help creators launch their NFT projects without requiring any upfront cost. It allows creators to launch their projects directly and helps them promote their work in the market. The platform is a decentralized…
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Anchorage Digital Considers Cancelling Litecoin Custody Support and Reducing Focus on NFT
On March 15th, a spokesperson for the crypto custody bank Anchorage Digital revealed that it is currently considering canceling the utilization asset custody support, including Litecoin, because the company needs to provide services to customers in the current and expected markets in areas of greatest concern. In addition, the spokesman also revealed that Anchorage Digital will reduce its focus on NFT. He said, “Anchorage Digital’s business has low institutional demand for certain types of digital assets (such as NFT), so it will reduce its focus on these digital assets, which means that after the recent release of NFT features, it will reduce investment in institutional level NFT features.” However, according to data from DappRadar, despite the low adoption rate of institutional NFT, However, retail investors’ NFT trading volume remains relatively strong, with a trading volume of over $2 billion in February 2023. Anchorage Digital: Consider eliminating low utilization digital asset hosting support Analysis based on this information:Anchorage Digital, a…