NFT News: 10 Most Expensive NFTs Sold To Date
NFT news today February 24 2022 can be accessed below:
NFTs are: Nonfungible tokens, or NFTs, are verifiably unique digital and physical commodity representations. Each NFT is unique in terms of its composition, and thus in terms of its worth.
iexclusive News Nigeria has compiled the latest news on NFT making rounds this week.
BitsCrunch, a company that analyzes the crypto and nonfungible token (NFT) ecosystems, has raised $3.6 million in a round led by Animoca Brands, Coinbase Ventures, Crypto.com Capital, and others. To estimate the fair pricing of NFTs and uncover wash trading warnings, BitsCrunch employs AI-based analytical methods.Determine whether an NFT is a forgery or a replica of the original asset. The company’s headquarters are in Germany and India. READ More
Monster Energy has four outstanding trademark applications linked to nonfungible tokens (NFTs) and metaverse realms, according to recent filings with the United States Patent and Trademark Office (USPTO). The initial trademark application covers downloadable virtual items such as beverages, food, supplements, sports, games, music, and fashion, among other things. Such downloadable audiovisual elements will be “authenticated by NFTs,” according to the filing. Computer programs that facilitate blockchain data interactions are also incorporated in the application. READ More
Transfers of nonfungible tokens (NFT) on Ethereum have surpassed transfers of stablecoins and altcoins while the supply of wrapped Bitcoin (WBTC) has remained relatively stagnant since late last year. Those are two of the key findings in the latest State of the Network update from Coin Metrics. It details how ERC-721 transfers overtook stablecoins and altcoins on Ethereum starting last July and have continued to increase the margin between them ever since. ERC-721 is the token standard for NFTs on the Ethereum network. READ More
Jupiter Meta, India’s first fully organized non-fungible token (NFT) market, is set to go live on February 23. The digital marketplace, or metaverse, will concentrate on music, movies, and games, providing unique experiences for each user and allowing everyone to make the most of their time in the metaverse. The Metaverse is the future of augmented reality and virtual reality technologies, with technologies that go beyond gaming to enable innovation.. READ More
Puma is the latest major brand to buy a decentralized URL and reveal their nonfungible token, or NFT, by changing their Twitter handle to Puma. eth. The domain name was registered with the Ethereum Name Service, or ENS, by the German sportswear company. Budweiser, an Anheuser-Busch InBev subsidiary, purchased Beer. eth through ENS on OpenSea last year for 30 ETH. When the fast-food chain White Castle registered the domain name, white castle official. eth, ENS’ former director of operations tweeted about his delight. READ More
OpenSea, the non-fungible tokens NFT marketplace, claimed that 17 people were affected by the phishing attack on Sunday. Rather than the 32 users previously reported.The phishing attack was targeting smart contracts on OpenSea’s platform.“Our original count included anyone who had interacted with the attacker.” “Rather than those who were victims of the phishing attack,” the marketplace tweeted on Monday. READ More
The Goons of Balatroon team took time out to talk about their wacky collection. We chatted about their plans to create a universe with its own sustainable economy, its own token (GOB). A place where fun is the essential ingredient.The Goons are factions of sentient beings in an alternate universe where some crazy stuff has happened. Long story short, there’s time travel… mutations… greed… corruption… and as a result, 9696 wacky ERC-721 NFT characters on an ancient land called Balatroon. READ More
OpenSea announced a smart contract upgrade yesterday, requiring users to migrate their listed NFTs from the Ethereum (ETH) blockchain to a new smart contract. As a result of the upgrade, users who do not migrate from Ethereum risk losing their old, inactive listings — which currently do not require any gas fees for migration. READ More
Harmony a blockchain platform, whose mainnet runs on the Ethereum network, claiming to have two-second transaction finality and fees 1,000 times lower than Ethereum. The Bored Ape Yacht Club Passport was announced on Friday.The Passport allows users to import proof of their apes into DeFi Kingdoms, a play-to-earn game with over 120,000 monthly active users built on the Harmony blockchain. READ More
OpenSea, one of the most prominent nonfungible token (NFT) exchanges, has updated its smart contract as part of a proactive effort to weed out inactive listings on the site. All OpenSea users will be required to convert their NFT listings, which are now hosted on the Ethereum (ETH) blockchain, to the new smart contract as part of the scheduled upgrade. READ More
The Belvedere museum in Vienna collaborated with the artèQ investment fund to launch a nonfungible token (NFT) drop inspired by one of Austrian painter Gustav Klimt’s most famous works “The Kiss.” Released on Valentine’s Day, a digital copy of this early 20th century depiction of a pair of lovers was divided into a 100-by-100 grid of 10,000 individual pieces offered as NFTs. READ More
NFTs, “Rampant” issues relating to minting counterfeit nonfungible tokens, have forced popular platform Marketplace Cent to halt some operations. Marketplace Cent Founded in 2017, kicked off as a “social network and informal platform for creative experimentation.” In 2020, the team also launched an NFT platform called Valuables to mint and auction iconic tweets. READ More
NFT Fraud..The UK tax authority has seized three Non-Fungible Tokens as part of an investigation into suspected VAT fraud involving 250 alleged bogus companies. HM Revenue and Customs (HMRC), the United Kingdom’s chief tax authority, has seized three nonfungible tokens (NFTs) associated with a suspected tax evasion fraud. READ More
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