Basil

Amazon is set to launch its own NFT platform as early as next month. An exclusive report from The Big Whale indicates that the ecommerce giant is set to launch this platform on April 24th. Initially, users of the platform will have access to 15 collections, with more expected...

On March 6, Yuga Labs kicked off its Bitcoin-based inscription project, TwelveFold, in an auction lasting 24 hours. Once the dust had settled, the company had raised approximately $16.5 million from 288 successful bidders.According to an announcement made through the company’s official Twitter account, the successful bidders will...

Following months of hype and anticipation, the HyperPlay Web3 gaming launcher has now gone live. On top of being a game launcher, the app serves as a store aggregator that will offer access to Epic Games and Good Old Games stores within its interface.Developed by a former MetaMask...

Shopify has teamed up with Thirdweb, a Web3 infrastructure protocol, to launch a toolkit that will enable developers to build Web3-enabled e-commerce applications. The toolkit, dubbed CommerceKit, makes it easier for developers and merchants to integrate Web3 features in their online stores and websites without having to deal...

Top NFT marketplace, Magic Eden, has launched ‘Mint Madness,’ a grand gaming event that offers free NFT mints for over a dozen Web3 titles. This exceptional opportunity will take place throughout march, with the games spread out over three networks.In total, Magic Eden will support 13 free Web3...

A new survey by Metajuice, a Metaverse platform, has found that most NFT buyers do it for the status that assets bring. The study took place among 6,000 NFT holders, with three out of every four individuals revealing they were motivated by status, uniqueness, and aesthetics. NFTs have gained...

Web3 technology firm, Redeem, has raised $2.5 million in a pre-seed funding round led by Kenetic Capital to support its mission of taking NFTs to the masses. In essence, the platform will make it possible for users to send and redeem non-fungible tokens using their phone numbers. Going...

The second installation of the Decentraland Metaverse Fashion Week is set to take place towards the end of this march. The four-day event will run from March 28 to 31 and will build on last year’s successful debut. However, this year, Decentraland, brands, and other stakeholders involved will try...

At a time when marketplaces are using creator royalties as a bargaining chip to pull in users, Animoca Brands and its CEO, Yat Siu, are taking a stance on the issue. The company has introduced three NFT licenses that aim to protect creator royalties. These licenses “require the...

Binance NFT has launched a cutting-edge NFT generator named Bicasso, which utilizes artificial intelligence to enable users of its marketplace to create unique, computer-generated images that can be minted as non-fungible tokens.The beta version of Bicasso was released on March 1 with a limit of 10k mints. In...