Beeple: Next Generation NFTs Will Have Emotional and Utility Connections
According to famous NFT artist Beeple, the next phase of NFTs would draw less attention from technological backgrounds to focus on emotional connection and utility. Mike “Beeple” Winkelmann has had an eventful year. With the sale of a single NFT for $69 million in March 2021, he rocketed into the art world’s stratosphere, becoming the […]
Report: NFTs Set All-Time High In Q1, DeFi Transactions At 1-Year Low
According to the DappRadar NFTs report, blockchain games, a category that has received $2.5 billion in venture capital funding, accounted for 78 percent of all transactions. According to a new DappRadar analysis, the amount of DeFi transactions was the lowest in a year, while NFT transactions reached an all-time high. DeFi refers to a set […]
Georgia’s Leavingstone Sells Russian Territories As NFTs To Support Ukraine
In the form of NFTs, a tech innovation firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece.” The proceeds from the collectibles, which depict nearly 2,500 Russian regions, will be used to aid in the reconstruction of Ukraine. Leavingstone, a Georgian digital creative agency, has joined efforts to raise funds for […]
KuCoin Ventures launch $100M “Creators Fund” for Web3 development
KuCoin’s venture capital arm and its nonfungible token (NFT) marketplace have announced the creation of a $100 million “Creators Fund” to enable early-stage NFT projects that are contributing to the growth and development of the Web3 economy. The fund was established by KuCoin Ventures and the Windvane NFT marketplace to assist artists and creators in […]
Louis Vuitton releases new NFT
Luxury fashion brand Louis Vuitton continues to adopt the metaverse with the release of new NFTs as reward in its stand-alone mobile app game Louis: The Game. With the introduction of PFP-inspired NFT prizes in its stand-alone mobile app game Louis: The Game, luxury fashion company Louis Vuitton is going forward with its experiments with non-fungible […]