China to distinguish NFTs from the crypto sector using blockchain technology
China plans to create a clear distinction between cryptocurrencies and nonfungible tokens (NFTs), this is a reassurance that NFTs are legal in the country as opposed to their counterpart cryptocurrencies. According to the South China Morning Post, the Blockchain-based Service Network (BSN), a government-backed blockchain project in China, is developing infrastructure to help enterprises and […]
LÜM to introduce ‘Access Pass’ NFTs for 25 popular musicians
Users of the LÜM platform will be able to purchase NFTs associated with their favorite performers and exchange them with other fans. LÜM , a music platform located in the United States, is slated to unveil 25 collaborations with well-known musicians later this quarter as part of a re-launch with NBA Top Shot’s Dapper Labs. […]
Singapore to venture into cryptos, NFTs and Metaverse with caution
One Singaporean Minister says, the government is “closely studying” NFTs and Metaverse, while another official has cautioned the public over crypto investment scams. In a written reply to a question from a parliament member, the Minister for Communications and Information S Iswaran said the government is tapping these “early-stage” technologies’ characteristics and risks. “The Government […]
Celebrity glass pipe maker Jerome Baker Designs set to release an NFTs series next month
According to Jason Harris, the founder and president of Jerome Baker Designs, owners of a bong NFT will enjoy real-world advantages such as glassblowing training and a trip to the Dream Factory in Las Vegas. Jerome Baker Designs, the celebrity glass pipe maker, will release a series of bong-related NFTs attached to matching tangible assets […]
News platform Associated Press set to launch a photography NFT marketplace on the Polygon network
The Associated Press (AP) is introducing a nonfungible token (NFT) marketplace for tokenized photos, built by blockchain infrastructure firm Xooa, the platform will support the Metamask wallet with also withdrawal features. Photographs from AP photojournalists will be included in the first collection of NFTs, which will cover topics such as space, climate, and war. According […]