Holders of the “Pharrell-Pack” will have access to limited-edition physical products as well as customized digital wearables designed by Williams and his brands, including Humanrace.
NFT Collective Proof is building a 3D world on the Decentraland platform for its popular Moonbirds NFT collection. The 3D world will enable Moonbirds owners to interact with their NFTs in a virtual environment, customize their avatars, and engage in a variety of activities. This innovative use of NFTs demonstrates how they can be used to create communities and foster engagement beyond just owning a digital collectible. The move also highlights the potential of blockchain technology to create new forms of social interaction and engagement.
It was an auspicious day for William Shatner as he made his way to the Web3 stage at Warp 9 during CoinDesk’s Consensus 2023 conference. The legendary Star Trek captain and long-time Twitter crypto aficionado launched the much anticipated Infinite Connections NFT.
Yuga Labs, the creators of Bored Ape, have solidified their place at the forefront of Non-Fungible Tokens (NFTs) sales with a 35% market share. As one of the original creators and developers of NFTs in the industry, Yuga Labs stands out among competitors as a leader and innovator in this cutting-edge technology. With a wide variety of projects ranging from gaming to bit shares on offer and an unrivaled user reach, it’s no wonder that Yuga Labs has captured 35% of the NFTs sales market.
The influx of meme coins has introduced a new wave of volatility in the crypto world, with Ethereum transaction fees spiking as a result. Nevertheless, this same phenomenon is also providing fresh capital for non-fungible tokens.
Ticketmaster, a well-known ticketing platform, is experimenting with Ethereum-compatible NFT passes that will be initially offered by the heavy metal band Avenged Sevenfold to reward their fans.
The UK Treasury cancels government-backed NFT project due to uncertainty in the cryptocurrency market, jeopardizing the country’s plans for web3 adoption.
The IRS is considering taxing NFTs like collectibles, causing concern among holders who fear significant taxation in retirement accounts. The public comment process is ongoing, and NFT holders should stay informed about any changes to tax laws.
K-pop star G-Dragon’s first NFT collection, Archive of PEACEMINUSONE, offers 13,444 unique NFTs of his original paintings with benefits for owners, including exclusive merchandise, early concert access, and album access. This marks his return to music after 2017 and is expected to set a trend among K-pop stars, inspiring new ways to engage with fans.
Saudi Arabia’s first NFT marketplace, Nuqtah, receives investment from Polygon and Animoca Brands, driving the expansion of web3 technology in the Middle East and North Africa (MENA) region
