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OpenSea to Make Royalty Enforcement Tool That Benefited NFT Creators ‘Optional’: All Details
OpenSea is pulling back the mandatory enablement of its Operator Filter tool. NFT collections that enable the Operator Filter tool on OpenSea before August 31 will be able to demand secondary buyers to pay the creators’ preferred fees till February 29, 2024. Starting March 2024, the filter will be optional for these collections as well.
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What is NFT Lending: Everything to Know
When we talk about the usability of an NFT, there are multiple ways like trading it within games for favours or funds or also renting it out to others who may need that NFT that is in your possession. While some may agree to rent out their NFTs on a daily, weekly, monthly basis — to say, gamers who require these NFTs to go ahead, but do not wish ...
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Bitcoin-Based Ordinal NFTs Get New Trade Booth at Binance’s Marketplace: Details
Binance will be adding support for these Bitcoin blockchain-based NFTs later in May. With the move, the crypto exchange aims to expand its offerings to the traders and collectors of NFTs. Not a lot of NFT marketplaces, for now, have listed Ordinal NFTs given its recently highlighted existence.
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Donald Trump's Digital Trading Cards Lose Value Rapidly In One Week
There were 45,000 cards on sale, which retailed at $99 apiece.
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What Are Utility NFTs: Here’s What We Know
Utility NFTs have a value that goes beyond them just being digital collectibles. Precisely, utility NFTs refer to virtual assets that offer privileges, benefits, or rewards to their owners that are otherwise not available for access.
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OpenSea Mandates Creator Royalties on NFTs Following Community Outcry, Details Here
OpenSea has decided to support the rights of NFT artists and creators to earn royalties from the sales of their digital collectibles. OpenSea had decided to revisit its royalty payment requirement after it witnessed a decline in its sales revenues in recent times.
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Meta Collabs With Taiwanese Pro-LGBT Group to Issue Pride-Focussed NFTs
Meta has now pledged support to a Taiwanese LGBT advocacy group to launch an NFT collection dedicated to the Pride celebration in Taiwan. A total of 304 NFTs, or digital collectibles, will be issued under this project. All of them will be feature representations of bubble tea, that is dubbed as the signature beverage of Taiwan.
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Snoop Dogg, Billy Ray Cyrus Set to Launch 'A Hard Working Man' NFT Collection as Tribute to Hard Working Americans
Snoop Dogg and Billy Ray Cyrus are all geared up to launch their NFT collection. The name of this collection is “A Hard Working Man”. The NFTs from this series will show animated avatars of Snoop Dogg and Cyrus as construction workers, electricians, farmers, and mechanics among others.
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OpenSea NFT Marketplace Adds Bulk Purchase Feature, Details Here
OpenSea is now allowing users to list and buy up to 30 digital collectibles in one go. For creators looking to list up to 30 NFTs at once will also be able to use this new feature. Amid dropping sales, OpenSea has been adding a bunch of new features on the platform.
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Infinix Xboy Explorer NFT Collection Launched Alongside Its Flagship Zero Ultra 5G Phone, Details Here
The Infinix Zero Ultra 5G smartphone is set to become Infinix’s first step into the Web3 direction, given its association with the NFT sector. Infinix is looking to pay tributes to humanity’s spirit to explore the space with five NFT characters who represent space explorers from different planets, who rendezvous in our Milky Way solar system. T...
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International NFT Day: Indians Cheer for Blockchain-Based ‘Non-Duplicable’ Digital Collectibles
On September 20, 2017, the term of ‘Non-Fungible Tokens (NFTs)’ was officially coined by Dete Shirley, the Chief Technology Officer of DapperLabs. Today marks the fifth anniversary of the day, dedicated to the world of digital collectibles. Speaking to Gadgets 360, Tarusha Mittal, the COO and Co-founder of UniFarm as well as Edul Patel, the CEO...
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Sony Music May Soon Integrate NFTs With Artists and Songs, Here’s What We Know
Sony Music Entertainment has filed a trademark application asking permission to cover ‘audio and video recordings featuring live musical performances authenticated by NFTs.’ The application also seeks relevant approvals to covers marketing services, promotion, distribution, marketing, advertising, and online entertainment.
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Over $100 Million Worth of NFTs Stolen by Hackers Between July 2021-2022: Elliptic
The NFT sector, is under constant threat from hackers who intend on stealing digital collectibles from expensive, exclusive NFT series. Elliptic, in its recent report, has said that NFTs worth $100 million (roughly Rs. 800 crore) have been stolen between July 2021 and July 2022 alone. July 2022, meanwhile, has emerged as the highest month on record...
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New BuckETH on the Block(chain): KFC India Debuts Signature Bucket in Virtual Avatar as NFT
KFC India on Thursday, August 18 announced that its signature red and white striped bucket is making a debut as an NFT in the digital world. Called the ‘BuckETH’, KFC’s one-of-a-kind single collectible that will be hosted on the OpenSea NFT marketplace. KFC lovers can also participate in a contest to win this one-of-a-kind NFT as a prize.
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Justin Bieber, Eminem Among 19 Celebrities to Get Grievance Letters for Promoting NFTs: Here’s Why
Justin Bieber, Eminem, Snoop Dogg, and Paris Hilton have been named among 19 celebrities who allegedly promoted NFT projects without revealing their associations with the projects. Even though Truth in Advertising (TINA.org) has not sought legal charges against the 19 celebrities that it has approached, it has asked them to simply clarify their con...
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OpenSea to Make Royalty Enforcement Tool That Benefited NFT Creators ‘Optional’: All Details
OpenSea is pulling back the mandatory enablement of its Operator Filter tool. NFT collections that enable the Operator Filter tool on OpenSea before August 31 will be able to demand secondary buyers to pay the creators’ preferred fees till February 29, 2024. Starting March 2024, the filter will be optional for these collections as well.
-
What is NFT Lending: Everything to Know
When we talk about the usability of an NFT, there are multiple ways like trading it within games for favours or funds or also renting it out to others who may need that NFT that is in your possession. While some may agree to rent out their NFTs on a daily, weekly, monthly basis — to say, gamers who require these NFTs to go ahead, but do not wish ...
-
Bitcoin-Based Ordinal NFTs Get New Trade Booth at Binance’s Marketplace: Details
Binance will be adding support for these Bitcoin blockchain-based NFTs later in May. With the move, the crypto exchange aims to expand its offerings to the traders and collectors of NFTs. Not a lot of NFT marketplaces, for now, have listed Ordinal NFTs given its recently highlighted existence.
-
Donald Trump's Digital Trading Cards Lose Value Rapidly In One Week
There were 45,000 cards on sale, which retailed at $99 apiece.
-
What Are Utility NFTs: Here’s What We Know
Utility NFTs have a value that goes beyond them just being digital collectibles. Precisely, utility NFTs refer to virtual assets that offer privileges, benefits, or rewards to their owners that are otherwise not available for access.
-
OpenSea Mandates Creator Royalties on NFTs Following Community Outcry, Details Here
OpenSea has decided to support the rights of NFT artists and creators to earn royalties from the sales of their digital collectibles. OpenSea had decided to revisit its royalty payment requirement after it witnessed a decline in its sales revenues in recent times.
-
Meta Collabs With Taiwanese Pro-LGBT Group to Issue Pride-Focussed NFTs
Meta has now pledged support to a Taiwanese LGBT advocacy group to launch an NFT collection dedicated to the Pride celebration in Taiwan. A total of 304 NFTs, or digital collectibles, will be issued under this project. All of them will be feature representations of bubble tea, that is dubbed as the signature beverage of Taiwan.
-
Snoop Dogg, Billy Ray Cyrus Set to Launch 'A Hard Working Man' NFT Collection as Tribute to Hard Working Americans
Snoop Dogg and Billy Ray Cyrus are all geared up to launch their NFT collection. The name of this collection is “A Hard Working Man”. The NFTs from this series will show animated avatars of Snoop Dogg and Cyrus as construction workers, electricians, farmers, and mechanics among others.
-
OpenSea NFT Marketplace Adds Bulk Purchase Feature, Details Here
OpenSea is now allowing users to list and buy up to 30 digital collectibles in one go. For creators looking to list up to 30 NFTs at once will also be able to use this new feature. Amid dropping sales, OpenSea has been adding a bunch of new features on the platform.
-
Infinix Xboy Explorer NFT Collection Launched Alongside Its Flagship Zero Ultra 5G Phone, Details Here
The Infinix Zero Ultra 5G smartphone is set to become Infinix’s first step into the Web3 direction, given its association with the NFT sector. Infinix is looking to pay tributes to humanity’s spirit to explore the space with five NFT characters who represent space explorers from different planets, who rendezvous in our Milky Way solar system. T...
-
International NFT Day: Indians Cheer for Blockchain-Based ‘Non-Duplicable’ Digital Collectibles
On September 20, 2017, the term of ‘Non-Fungible Tokens (NFTs)’ was officially coined by Dete Shirley, the Chief Technology Officer of DapperLabs. Today marks the fifth anniversary of the day, dedicated to the world of digital collectibles. Speaking to Gadgets 360, Tarusha Mittal, the COO and Co-founder of UniFarm as well as Edul Patel, the CEO...
-
Sony Music May Soon Integrate NFTs With Artists and Songs, Here’s What We Know
Sony Music Entertainment has filed a trademark application asking permission to cover ‘audio and video recordings featuring live musical performances authenticated by NFTs.’ The application also seeks relevant approvals to covers marketing services, promotion, distribution, marketing, advertising, and online entertainment.
-
Over $100 Million Worth of NFTs Stolen by Hackers Between July 2021-2022: Elliptic
The NFT sector, is under constant threat from hackers who intend on stealing digital collectibles from expensive, exclusive NFT series. Elliptic, in its recent report, has said that NFTs worth $100 million (roughly Rs. 800 crore) have been stolen between July 2021 and July 2022 alone. July 2022, meanwhile, has emerged as the highest month on record...
-
New BuckETH on the Block(chain): KFC India Debuts Signature Bucket in Virtual Avatar as NFT
KFC India on Thursday, August 18 announced that its signature red and white striped bucket is making a debut as an NFT in the digital world. Called the ‘BuckETH’, KFC’s one-of-a-kind single collectible that will be hosted on the OpenSea NFT marketplace. KFC lovers can also participate in a contest to win this one-of-a-kind NFT as a prize.
-
Justin Bieber, Eminem Among 19 Celebrities to Get Grievance Letters for Promoting NFTs: Here’s Why
Justin Bieber, Eminem, Snoop Dogg, and Paris Hilton have been named among 19 celebrities who allegedly promoted NFT projects without revealing their associations with the projects. Even though Truth in Advertising (TINA.org) has not sought legal charges against the 19 celebrities that it has approached, it has asked them to simply clarify their con...
