OpenSea to Make Royalty Enforcement Tool That Benefited NFT Creators ‘Optional’: All Details

OpenSea to Make Royalty Enforcement Tool That Benefited NFT Creators ‘Optional’: All Details

OpenSea NFT marketplace has decided to put a stop to its Operator Filter tool. This decision will not let NFT creators demand royalty fees on secondary sales of NFTs on other marketplaces. While OpenSea has its reasons behind this decision, it sure is bound to affect the creators of digital…

Music NFT Startup ‘Sound’ Bags $20 Million in Funding, Snoop Dogg and a16z Pour Millions

Music NFT Startup ‘Sound’ Bags $20 Million in Funding, Snoop Dogg and a16z Pour Millions

The NFT market, despite the recent ups and downs, has managed to contain the steam in the relatively volatile digital assets sector. Sound, a music NFT platform, has managed to raise $20 million (roughly Rs. 164 crore) with investments from biggies of the NFT community, including pop artist Snoop Dogg….

Justin Bieber’s BAYC NFT Worth $1.3 Million Plummets in Value, Now Stands at Under $60,000: Details

Justin Bieber’s BAYC NFT Worth $1.3 Million Plummets in Value, Now Stands at Under $60,000: Details

Pop singer Justin Bieber, who has not hesitated from exploring the digital assets sector, has reportedly been exposed to the financial risks that crypto sceptics keep warning others about. An NFT purchased by Bieber last year for an outlandish price of $1.3 Million (roughly Rs.10 crore) has now crashed to…

German Intelligence Unit BND to Use Dog-Themed NFTs to Fish for Cyber Talent: Details

German Intelligence Unit BND to Use Dog-Themed NFTs to Fish for Cyber Talent: Details

A collection of dog-themed NFTs have been launched by the German intelligence unit, Bundesnachrichtendienst (BND), hoping to attract promising cyber talent from among the public. The BND’s NFT collection will be a gate pass to enter a blockchain-based treasure hunt. People who manage to fare well in this difficult virtual…

Louis Vuitton Jumps on Web3 Wagon, Set to Launch Signature Travel Trunk as NFT

Louis Vuitton Jumps on Web3 Wagon, Set to Launch Signature Travel Trunk as NFT

The ongoing year, up until now, has proven to be profitable for the non-fungible tokens (NFTs) sector. Hopping onboard the NFT frenzy, Louis Vuitton has decided to offer its loyalists a virtual treat. The French high-end luxury brand will transform its iconic travel trunk in the form of a digital…

Former OpenSea Employee Made ‘Free Money’ Off NFTs, Says US Prosecutor

Former OpenSea Employee Made ‘Free Money’ Off NFTs, Says US Prosecutor

A former employee of OpenSea, the world’s largest marketplace for non-fungible tokens (NFTs), used inside knowledge of which assets would be featured on its homepage to make “free money,” a prosecutor said on Monday as an insider trading trial wound to a close. The charges against Nathaniel Chastain, a former…

Donald Trump Brings Second NFT Collection After Harvesting Around $1 Million From First: Details

Donald Trump Brings Second NFT Collection After Harvesting Around $1 Million From First: Details

Donald Trump, the controversial former President of the US, has decided to venture deeper into the Web3 world by launching a brand-new collection of non-fungible tokens (NFTs). The American billionaire has chosen the Polygon blockchain to support this second series of digital collectibles. In total, 47,000 digital cards showing Trump…

Nike Set to Launch First NFT Sneaker Named ‘Our Force 1’, Sale Slated to Go Live in May

Nike Set to Launch First NFT Sneaker Named ‘Our Force 1’, Sale Slated to Go Live in May

Nike, the multinational sportswear and sneakers brand, is set to step into the next chapter of its Web3 undertakings. The company will be launching its first ever NFT sneaker named ‘Our Force 1 (OF1)’ on its .Swoosh platform next month. This blockchain-based digital collectible from Nike is inspired by the…

EA Founder Trip Hawkins Dives Into Web3 Sector With Barcelona-Based Startup

EA Founder Trip Hawkins Dives Into Web3 Sector With Barcelona-Based Startup

Former Apple executive Trip Hawkins, who founded the company behind the best-selling sports videogame franchise FIFA, is joining a Web3 startup, looking to take on top blockchain games like Axie Infinity. The founder of Electronic Arts will join as co-founder and strategy chief of Games for a Living (GFAL), Hawkins…