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Leading NFT powered virtual world, The Sandbox, has partnered with Ledger Enterprise to help businesses safeguard their digital assets in the Metaverse. The partnership will provide additional security to enterprise clients utilizing The Sandbox platform, thus protecting them from rampant scams and hacks. In addition, it will save...
Fun-loving people’s Metaverse, Voxels, has launched series of physical merch that will allow fans to show their support for the platform from within the meat world.Some of the items on offer include clothing, hats, mouse pads, phone cases, and badges. In addition, fans can also purchase a printed...
Those who have been around crypto for a while will understand the agony of sending tokens to the wrong address or network and losing them forever. However, how many understand what it feels like to lose a rare and highly valued CryptoPunk as the result of a fumbled...
A recent DappRadar report has revealed that NFT trading in the Metaverse spiked during the first quarter of this year. In fact, the volumes have hit an all-time high, a testament to the growing interest in virtual worlds. In total, there were 147,000 trades in various Metaverses, altogether...
Pioneering musician empowerment platform, Sound.xyz, has introduced a new interface optimized for mobile devices. In a tweet, the platform noted that it had added a new navigation and audio player specifically for those accessing the platform on the move. The new integrations are part of the Sound’s continued...
NFTs might soon be taxed as collectibles under the U.S. tax code if the United States Internal Revenue Service (IRS) decides to proceed with its planned route. However, before anything is finalized, the IRS is seeking public opinion on how taxing NFTs could work. Therefore, individuals that hold...
A US judge has dismissed a lawsuit involving the highly priced ‘Quantum’ NFT after deeming it a desperate attempt to cheat a genuine artist out of his work. The dispute surrounded ownership, as the plaintiff sought to determine if blockchain provenance truly guaranteed digital asset ownership.The ruling took...
Yu Suzuki, the brains behind popular Sega title Virtua Fighter, is set to launch the game’s characters as NFTs, much to the delight of its fans. In a recent announcement, Sukuzi notes he will be teaming up with OASYX, an NFT protocol, to create 1,000 Virtua Fighter digital...
Two months after Bitcoin NFTs became commonplace thanks to the Ordinals project, prominent NFT platform, Magic Eden, has launched a Bitcoin NFT marketplace to bring these digital inscriptions to the masses.Ordinals allows users to inscribe or mint text, images, and other data forms on Satoshis, the smallest units...
Many major brands have tapped into NFTs to increase customer engagement, and Nike has been at the forefront of this amazing paradigm shift. Now, in what is a prime example of utilizing non-fungible tokens to create exclusivity and reward customer loyalty, Nike is set to deliver a physical...