Chinese court says NFTs are virtual property protected by law
The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs.
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Shopify users get their hands on Tezos NFTs with new partnership
The Tezos NFT ecosystem gained a lot of traction over the past year due to its low cost of minting and energy efficiency.
Shoppers in India can now order sneakers in the Metaverse for a week
Indian e-commerce giant Flipkart partnered with Polygon-incubated organization eDAO to launch a virtual shopping world in the Metaverse.
Indian Commerce Giant Flipkart Will Allow Customers to Purchase Items in the Metaverse
Flipkart, the Walmart-backed Indian e-commerce giant, has launched a pilot to allow its customers to experience making purchases in a metaverse environment. The company announced the launch of its own…
Shopify partners with Novel to deliver accessible Web3 for merchants
Novel can deploy smart contracts over the NFT collections and make them available to users for purchases on the Shopify storefront.
Dubai Luxury Hotel Palazzo Versace Allows Guests to Pay in Crypto
Guests staying at Palazzo Versace Dubai have, since September 7, had an option to settle payment for services rendered via cryptocurrency. The hotel also plans to add the crypto payment…
Nigerian Central Bank Slashes CBDC Transaction Fees by 50%
The Central Bank of Nigeria has said it is slashing transaction fees for the e-naira platform by 50% — a move which the bank claims will increase the volume of…
How NFTs can boost fan engagement in the sports industry
A look at the many ways in which nonfungible tokens are being utilized to increase fan engagement in the sports sector.
Shopify unveils tokengated commerce as part of new connect-to-consumer experience
Select merchant partners will be able to rollout exclusive goods for NFT tokenholders.
Metaverse could be worth $5 trillion by 2030: McKinsey report
A new report from global consulting firm McKinsey found that the metaverse could be worth $5 trillion by 2030.