Binance, the world’s largest crypto exchange by transaction volume, has launched a new feature for non-fungible tokens (NFTs). These unique assets represent anything from art, music, and gaming items. Binance is now allowing users to borrow crypto using their NFTs…
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Sony Files Patent for NFT Framework in Gaming Exploring Cross-Platform Gaming with NFTs
Sony has recently published a patent titled “NFT Framework For Transferring And Using Digital Assets Between Game Platforms,” which delves into the potential of using NFTs in video games. The patent explores how NFTs can be played with and transferred…
Tensor’s Solana-Focused NFT Trading Platform Set to Disrupt the Industry
Tensor Raises $3M for Solana-Focused NFT Trading Platform Tensor, a blockchain-focused startup, has raised $3 million in a seed funding round led by venture capital firms, Placeholder and 1kx. The funds will be used to develop a Solana-based non-fungible token…
Edata Networks awarded Patent to Push Blockchain Technology to the Mainstream through Data Sharing
Edata Networks Inc. and Aleda Inc. are leading the way in developing cutting-edge technologies aimed at revolutionizing the way communities function and interact with one another, as well as the way that Non-Fungible Tokens (NFTs) are created, managed, and traded.…
Former US President Donald Trump Drops $99 NFT
Donald Trump, a former US president, has released a set of digital trading cards featuring him as various characters, such as a superhero, astronaut, and Nascar racer. Restoring American Greatness Through NFTs In announcing his very own NFT collection on…
Crypto Twitter Reacts to NFT Platform Moving Towards Optional Royalties Model
Solana-based Magic Eden has, albeit reluctantly, become the most recent NFT marketplace to switch to an optional royalties model, following in the footsteps of X2Y2 in August. Customers Can Choose Royalty Amounts The optional royalties model allows customers to choose…
Gary Vee’s NFT Collection includes World of Macy’s and Toys“R”Us
Owning exclusive NFTs is a goal for a lot of crypto enthusiasts. Admiring it from a screen is the norm, but creators are now bringing it to the real world by producing physical counterparts. On Oct 4, the Veefriends team…
GameStop to Create a NFT Platform Powered by Ethereum
Video-game retailer GameStop is planning to create a NFT platform which is based on the Ethereum cryptocurrency. They publicized their plans on Wednesday (26th May) this week on their website by stating that they are building a team for the…
Blockchain Animated Comedy by Fox to sell NFTs while Sony seeking Patent for Bitcoin-led eSports Gambling
World of crypto is experiencing next level innovative initiatives at a rapid phase. With an ever expanding market most organizations which introduce these are very much optimistic about their initiatives. Two of such initiatives which have been making news in…
Music Artists to Receive Crypto Payments from Legacy Records
Cryptocurrency industry has experienced a rapid growth with the COVID-19 pandemic as many of the products started going digital. Meanwhile, cryptocurrency was embraced by major institutions and industries as a payment mechanism replacing fiat currency. With the latest initiative of…