nfts-news
In-depth research, opinions, and analysis of nfts-news trends.
Metaplex Plans To Launch A New NFT Asset Class For Creator Royalties
<p>Metaplex is building a new asset class that will enable creators to enforce royalties at the protocol level by extending the Token Metadata program, which powers up 99% of all NFTs on Solana. In the midst of the continuing controversy about creator royalties, Metaplex made the announcement, stating it is building a new asset class</p>
OpenSea To Adopt OpenRarity Ranking For All Eligible Collections
<p>OpenSea announced that it would adopt the OpenRarity ranking methodology for eligible collections across all chains on October 25. Creators will still be able to choose to turn off OpenRarity so that their NFT collections don’t show a rarity ranking. According to the announcement, the NFT marketplace will enable a consistent, free-to-use, open source, and</p>
Warner Bros Partners With Blockchain Company Eluvio To Launch ‘Lord Of The Rings’ NFTs
<p>The fantasy classic The Lord of the Rings: The Fellowship of the Ring will be released as a series of collectible NFTs by the United States-based film and entertainment firm Warner Bros. The NFT drop is part of a new Web3 movie project dubbed Warner Bros Movieverse, and it marks Warner Bros as one of</p>
Sudoswap Providing Liquidity For NFT Arbitrage
<p>Sudoswap facilitates NFT arbitrage between markets by providing rapid liquidity for NFT sales. While this isn’t quite new, an NFT trader known as Lorem recorded their approach to arbitraging NFTs on October 20 and how it has become a crowded trade. They also discussed the difficulties of combating sandwich assaults in order to carry out</p>
Reddit Users Created 2.5 Million Crypto Wallets To Receive Collectible Avatars NFTs
<p>At least 2.5 million new members have turned to cryptocurrency in an attempt to obtain one of Reddit’s Collectible Avatars NFTs. According to Pali Bhat, chief product officer, Redditors have generated more than 3 million Reddit Vault wallets to purchase and sell NFT avatars based on the platform’s Snoo mascot since the series debuted in</p>
Dapper Labs Allows Users Affected By The EU Sanctions To Transfer NFT
<p>According to an email given to subscribers and obtained by The Block, Dapper Labs is now allowing users affected by the European Union’s sanctions against Russia to transfer their NBA Top Shot, NFL All Day, and UFC Strike NFTs from their Dapper Wallet to a Blocto Wallet. The firm also states that its previous effort</p>
Web3 Fashion And Lifestyle Platform YoloYolo Closes $3.5 Million Seed Round
<p>YoloYolo, a new platform that links NFT owners with companies to sell items, has acquired $3.5 million in a seed fundraising round led by crypto-focused investment company ParaFi Capital, Mirana Ventures, and Morningstar Ventures. YoloYolo co-founder and CEO Jason Hu said that the funding would help hire additional people and bring on more companies. Avalanche</p>
SEC Commissioner Said Some NFTs Could Be Regulated Like Stocks Or Bonds
<p>The Securities and Exchange Commission (SEC) of the United States has been actively investigating key digital asset exchanges and service providers to send a message to the market. However, various stories have surfaced indicating that the commission officials are divided on some policies. According to the Financial Times, SEC commissioner Hester Peirce has claimed that</p>
Immutable X Guarantees NFT Royalties, Says Co-Founder
<p>As the recent community buzz over royalty issues was sparked by the NFT marketplace platform; Immutable X, the layer-2 blockchain that solves the issue of scalability for NFTs on Ethereum, confirms the royalty fee is still guaranteed. Robbie Ferguson, the co-founder of Immutable X, said on Twitter that NFT royalties on Immutable X are guaranteed,</p>
NFT LiveArtX Platform Wallet Stolen And Some NFT Reserves Sold
<p>NFT LiveArtX has stated on its official social platform that the official wallet has been stolen and is doing its best to resolve and will update the community. The floor price of the Meta-morphic: Sevenasureures NFT chain issued by LiveArtX has dropped to 0.2 ETH, down 84% in 24 hours. On October 17th, the NFT</p>
Magic Eden Decided To Move To Optional Royalties
<p>Solana’s leading NFT marketplace Magic Eden is the latest to adopt a no-fee approach, following in the contentious footsteps of X2Y2 and others. Magic Eden’s NFT is switching to an optional royalty scheme, according to a Friday night Twitter thread. The company also announced that it would waive its 2% platform charge beginning later Friday.</p>
Budweiser Releases A NFT Collection For The FIFA World Cup
<p>Budweiser’s most recent NFT collection will include live scoreboards for the 2022 FIFA World Cup in Qatar. The Budverse x FIFAWorldCup Live Scoreboard NFT Collection, which goes on sale at 2 p.m. UTC on October 14, allows purchasers to choose a country to follow and build a scoreboard that will chart its progress throughout the</p>
Japanese Gaming Giant’s Hiring Drive Ahead Of The NFT Market
<p>While it looks to the development of Web3 and metaverse “experiences” as well as a nonfungible token (NFT) marketplace, Japanese gaming company Konami is looking to grow its pool of crypto-versed talent. The gaming juggernaut is the most recent in a growing number of well-known companies to express interest in enhancing their Web3 products by</p>