Auto Added by WPeMatico

Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral

While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a…

Continue ReadingDigital Collectible Owners Continue to Take Loans out Using NFTs as Collateral

Jamiroquai to Bring ‘Virtual Insanity’ to The Sandbox Blockchain Metaverse

On Wednesday, the acid jazz-funk band Jamiroquai revealed it has partnered with the blockchain-based virtual world platform The Sandbox in order to “get funky in the metaverse.” According to the…

Continue ReadingJamiroquai to Bring ‘Virtual Insanity’ to The Sandbox Blockchain Metaverse

Aave Launches Social Media Project Lens Protocol With Over 50 Apps Built on Polygon

The blockchain firm Aave has launched the Lens Protocol, a social media project with applications built on the Polygon blockchain. Lens is similar to the social media platform Twitter but…

Continue ReadingAave Launches Social Media Project Lens Protocol With Over 50 Apps Built on Polygon

Tezos Foundation Launches Fund to Collect NFT Creations by African and Asian Artists

The Tezos Foundation recently said it has committed $1.23 million to a fund that will be used to collect non-fungible tokens (NFTs) created by African and Asian artists. Photographer Misan…

Continue ReadingTezos Foundation Launches Fund to Collect NFT Creations by African and Asian Artists

NFT visionaries are doubling down on community ethos amid a bearish cycle

Time Magazine, Rarible and Aleksandra Artamonovskaja share insights into the values and visions that leading NFT projects and figureheads seek to uphold as the market enters a financial downturn.

Continue ReadingNFT visionaries are doubling down on community ethos amid a bearish cycle

Seaside Resort in Slovenia Promotes Itself With NFTs

The tourism organization in Portorož, a summer resort on the Adriatic coast of Slovenia, has decided to promote the destination using non-fungible tokens (NFTs). The project represents the digital component…

Continue ReadingSeaside Resort in Slovenia Promotes Itself With NFTs

Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64%

As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collections like Bored Ape Yacht Club (BAYC), Cryptopunks, and more have…

Continue ReadingCrypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64%