Nfts Blockchain

A new name has entered the Bitcoin family. Called Bitcoin Runes, this is an innovative protocol created to address issues associated to Bitcoin-based token systems that depend on off-chain data and native tokens used for operations.

Adidas has entered into a partnership with Stepn, which is a Solana-based move-to-earn application. The collection is named Stepn x Adidas Genesis Sneakers and it offers 1,000 NFTs inspired by the brand’s designs.

Venture firms Immutable and King River Capital along with blockchain firm, the Polygon Labs have set up a $100 million (roughly Rs. 83 crores) fund called the Inevitable Games Fund (IGF).

The global Web3 industry is set to see the rise of certain market trends in the year 2024. As per Vikram Subburaj, the CEO of India’s Giottus crypto exchange – DeFi, Layer-2 blockchain networks, asset tokenisation, and AI tokens are expected to rise in popularity in the Web3 landscape.

The year of 2023 saw several growth factors indicating at a boom for Web3 on an international level. From the number of unique active wallets (UAW) and dApps rising last year, the sector recorded a mammoth spike in the total value locked in Decentralised Finance (DeFi). The findings have been published recently by DappRadar.

At a time when the overall NFT market is experiencing upheaval, NFTs inspired by a very distinct version of Mickey Mouse took OpenSea by storm. On OpenSea, the Steamboat Willie Public Domain 2024 NFT collection secured the top rank. The floor price (lowest price) of the NFTs from this collection is ETH 0.20 (roughly Rs. 39,399).

The blockchain gaming market would be churning up to $614 billion (roughly Rs. 51,07,086 crore) in the next seven years, a report by Fortune Business Insights has forecasted. Dapper Labs, Sky Mavis, Animoca Brands, WAX, and Illuvium have been named in the report as key players in the global Web3 gaming market.

The market valuation of the crypto market rose by 110 percent year-to-date, a report compiled by Binance said over the weekend. Along with Bitcoin’s market-reviving performance, there was a spike in L-1 blockchains and ZK protocols, among others.

Flipkart is set to ramp up its Web3 loyalty programme, FireDrops, in its attempt to test deeper waters of the NFT world. To do so, the ecommerce giant has joined forces with the Polygon blockchain. Arun Phillips, the Chief Marketing Officer at Polygon, announced this development during the Polygon Connect India event this week.

Ordi is the new kid on the crypto block, garnering massive attention. Incepted as a technical experiment, Ordi uses the Ordinals protocol to inscribe data, such as text, images, audio, and video, onto the Satoshi units of Bitcoin. In the last 30 days, ORDI token has risen by a whopping 500 percent, piggybacking on Bitcoin’s bull run.

NFT marketplace Magic Eden has decided to launch a crypto wallet browser extension, that will be compatible with multiple blockchains. The aim of this wallet service is to eliminate the need for Magic Eden users to create different wallets compatible with different blockchains to store their assets in.

Aurelien Michel, the developer behind NFT collection named the ‘Mutant Ape Planet’ series, has pleaded guilty to defrauding innocent members of the crypto community. Michel was luring-in investors to purchase his fake Mutant Apes-inspired NFT pieces before he abandoned the project all together.

Disney will soon let its fans collect digital versions of its popular pins based on Disney characters. To do so, the entertainment and media giant has partnered Flow blockchain and Dapper Labs. The initiative, however, has tried to keep away from the term ‘NFT’ — digital tokens infamous for their volatile nature in terms of value.

In partnership with eco-friendly blockchain Polygon, Casio is set to launch a collection of 15,000 free-to-mint G-Shock Creator Pass NFTs on September 23. The 15,000 creator pass NFTs will be made available in Japan, India, the US, Germany, Italy, and Netherlands among other nations.

A recent report by DappRadar said that the sector of blockchain gaming is the most dominating element of the Web3 world. Out of the total dApp market, blockchain games controlled 37 percent share between April and June this year. The dominance of blockchain gaming on the overall Web3 sector was 45 percent between January and March this year and rec...

A new name has entered the Bitcoin family. Called Bitcoin Runes, this is an innovative protocol created to address issues associated to Bitcoin-based token systems that depend on off-chain data and native tokens used for operations.

Adidas has entered into a partnership with Stepn, which is a Solana-based move-to-earn application. The collection is named Stepn x Adidas Genesis Sneakers and it offers 1,000 NFTs inspired by the brand’s designs.

Venture firms Immutable and King River Capital along with blockchain firm, the Polygon Labs have set up a $100 million (roughly Rs. 83 crores) fund called the Inevitable Games Fund (IGF).

The global Web3 industry is set to see the rise of certain market trends in the year 2024. As per Vikram Subburaj, the CEO of India’s Giottus crypto exchange – DeFi, Layer-2 blockchain networks, asset tokenisation, and AI tokens are expected to rise in popularity in the Web3 landscape.

The year of 2023 saw several growth factors indicating at a boom for Web3 on an international level. From the number of unique active wallets (UAW) and dApps rising last year, the sector recorded a mammoth spike in the total value locked in Decentralised Finance (DeFi). The findings have been published recently by DappRadar.

At a time when the overall NFT market is experiencing upheaval, NFTs inspired by a very distinct version of Mickey Mouse took OpenSea by storm. On OpenSea, the Steamboat Willie Public Domain 2024 NFT collection secured the top rank. The floor price (lowest price) of the NFTs from this collection is ETH 0.20 (roughly Rs. 39,399).

The blockchain gaming market would be churning up to $614 billion (roughly Rs. 51,07,086 crore) in the next seven years, a report by Fortune Business Insights has forecasted. Dapper Labs, Sky Mavis, Animoca Brands, WAX, and Illuvium have been named in the report as key players in the global Web3 gaming market.

The market valuation of the crypto market rose by 110 percent year-to-date, a report compiled by Binance said over the weekend. Along with Bitcoin’s market-reviving performance, there was a spike in L-1 blockchains and ZK protocols, among others.

Flipkart is set to ramp up its Web3 loyalty programme, FireDrops, in its attempt to test deeper waters of the NFT world. To do so, the ecommerce giant has joined forces with the Polygon blockchain. Arun Phillips, the Chief Marketing Officer at Polygon, announced this development during the Polygon Connect India event this week.

Ordi is the new kid on the crypto block, garnering massive attention. Incepted as a technical experiment, Ordi uses the Ordinals protocol to inscribe data, such as text, images, audio, and video, onto the Satoshi units of Bitcoin. In the last 30 days, ORDI token has risen by a whopping 500 percent, piggybacking on Bitcoin’s bull run.

NFT marketplace Magic Eden has decided to launch a crypto wallet browser extension, that will be compatible with multiple blockchains. The aim of this wallet service is to eliminate the need for Magic Eden users to create different wallets compatible with different blockchains to store their assets in.

Aurelien Michel, the developer behind NFT collection named the ‘Mutant Ape Planet’ series, has pleaded guilty to defrauding innocent members of the crypto community. Michel was luring-in investors to purchase his fake Mutant Apes-inspired NFT pieces before he abandoned the project all together.

Disney will soon let its fans collect digital versions of its popular pins based on Disney characters. To do so, the entertainment and media giant has partnered Flow blockchain and Dapper Labs. The initiative, however, has tried to keep away from the term ‘NFT’ — digital tokens infamous for their volatile nature in terms of value.

In partnership with eco-friendly blockchain Polygon, Casio is set to launch a collection of 15,000 free-to-mint G-Shock Creator Pass NFTs on September 23. The 15,000 creator pass NFTs will be made available in Japan, India, the US, Germany, Italy, and Netherlands among other nations.

A recent report by DappRadar said that the sector of blockchain gaming is the most dominating element of the Web3 world. Out of the total dApp market, blockchain games controlled 37 percent share between April and June this year. The dominance of blockchain gaming on the overall Web3 sector was 45 percent between January and March this year and rec...