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Lens

NFT – Non-Fungible Token

  • Altcoins

    MetaKongz NFT prices drop on OpenSea over internal conflicts

    South Korea’s non-fungible token (NFT) collection MetaKongz’ price on OpenSea NFT exchange has fallen over 17% on average after alleged in-house problems such as hacking and differences among its executives. See related article: Hyundai Card building its first NFT marketplace and wallet service Fast facts The price of MetaKongz NFTs on OpenSea in the last […]

    Danny Park

  • NFT Marketplaces

    KuCoin ETFs to allow NFT purchase with USDT instead of ETH  

    The new product will help over 20 million KuCoin users to access blue chip non-fungible tokens (NFTs) through direct purchases with USDT, instead of ETH, the cryptocurrency exchange said.  See related article: KuCoin dismisses rumors, eyes India for growth: report Fast facts KuCoin is partnering with Fracton Protocol and will initially list five NFT exchange-traded […]

    Pradipta Mukherjee

  • Regulation

    British law body recommends categorizing crypto as a new type of property

    The Law Commission of England and Wales recommended classifying cryptocurrencies and non-fungible tokens (NFTs) as a new type of property in a consultation paper published on Thursday. See related article: Basel Committee starts public consultation on banks’ crypto asset exposures Fast facts The Law Commission, an independent statutory body responsible for reviewing and reforming laws, […]

    Monika Ghosh

  • Altcoins

    Bored Ape Yacht Club’s ApeCoin native token to fund 24-hour news website

    The APE decentralized autonomous organization (DAO) approved a proposal to fund the 24-hour news website covering BAYC creator Yuga Labs and the community on Thursday.  See related article: Majority of ApeCoin token holders vote to stay on Ethereum Fast facts The Bored Ape Gazette website will become a 24-hour style news site complete with a […]

    Pradipta Mukherjee

  • Regulation

    Immutable lays off 6% of workforce

    Immutable has let go of about 6% of its workforce, including lead designer James Wakeham who was involved in the development of the game developer’s popular non-fungible token (NFT) game Gods Unchained.  See related article: Play-to-earn game developers pivot to engaging fans Fast facts A spokesperson from Immutable’s U.S. branch told gaming media outlet Kotaku […]

    Pradipta Mukherjee

  • Upcoming NFT Projects

    Dubai police launch 2nd edition of NFTs, see use case for digital assets

    Dubai police are dropping a second round of non-fungible tokens (NFTs), as digital assets conform to their interests in innovation, security and communication. In a statement on their website, Dubai police claim to be the first government entity in the United Arab Emirates (UAE) to create its own digital assets and the first police organization […]

    Pradipta Mukherjee

  • NFTs and Art

    3,000 Biggie Smalls-inspired NFTs sell out in 10 minutes

    The 3,000 generative non-fungible token (NFT) collection featuring late rapper Christopher Wallace, better known as Notorious B.I.G. or Biggie Smalls, sold out in about 10 minutes at marketplace OneOf.  See related article: China’s ‘Instagram’ gets into virtual fashion with users strutting NFT clothes Fast facts Sky’s the Limit is an NFT profile picture collection that […]

    Pradipta Mukherjee

  • Market Analysis

    Female founders underrepresented in Web3.0: survey

    Male-dominated workplaces, lack of proper educational resources, challenge women and act as barriers for them to engage in Web3.0, according to a survey by KuCoin.  See related article: NEAR Foundation, Forkast partner to showcase talented, socially mindful women in Web3 Fast facts Despite challenges, 60% of female professionals recognize their unique value in facilitating better […]

    Pradipta Mukherjee