The class action lawsuit claims that Yuga Labs leveraged a massive network of A-list athlete, celebrity, and musician clients to push the sales of their nonfungible token (NFT) collection. Yuga Labs, the developer of the popular Bored Ape Yacht Club (BAYC) NFTs, together with crypto fintech Moonpay is now facing class action lawsuits over the… Continue reading BAYC Developer Yuga Labs And Moonpay Face Lawsuit Due To Celebrity NFT Promotions
Tag: investment
Ripple Relishes Incredible Future Of Carbon Credit, Gaming NFTs Amid Market Turmoil
Ripple is now excited about the prospects of carbon credits and gaming nonfungible tokens. Despite a persistent bear market that has terrorized most of the crypto sector, carbon credit and gaming NFTs might finally be presenting some glimmer of hope. These are the sentiments shared by David Schwartz, Ripple’s Chief Technology Officer, according to The… Continue reading Ripple Relishes Incredible Future Of Carbon Credit, Gaming NFTs Amid Market Turmoil
Lifecell Mobile Operator Unveils An NFT Marketplace For Ukraine
Lifecell, a Ukrainian mobile operator, has launched its NFT marketplace. The digital operator is the first among the Ukrainian mobile operators to launch a nonfungible token marketplace. This new project is expected to help Ukraine’s war struggles. How The Lifecell NFT Marketplace Works Lifecell is currently creating a platform for the exchange of NFTs for… Continue reading Lifecell Mobile Operator Unveils An NFT Marketplace For Ukraine
Porsche Dives Into Metaverse, Confirms Plans To Launch NFTs At Art Basel
Luxurious automaker Porsche is not afraid to adopt new technologies that will enable it to remain at the top in the coming years. The company has now come forward with a great plan to venture into the virtual world using non-fungible tokens (NFTs) art. Notably, the automaker revealed its forthcoming plans to launch the Porsche… Continue reading Porsche Dives Into Metaverse, Confirms Plans To Launch NFTs At Art Basel
MoonPay To Offer ‘Soulbound’ NFT Loyalty Program
By leveraging the program, the company will automatically aim to develop white glove aid for all the people that require assistance in buying nonfungible tokens (NFTs). Since NFTs are on a roll in the blockchain space nowadays, most firms can be seen jumping on the NFT bandwagon and offering virtual collectibles as products. Crypto payments… Continue reading MoonPay To Offer ‘Soulbound’ NFT Loyalty Program
OpenSea Introduces Support For NFTs On BNB Chain
With the BNB chain housing more than 1300 dApps, integration with the OpenSea marketplace will enhance connectedness in the bigger ecosystem. The top NFT marketplace has confirmed support for NFTs on the BNB chain. The marketplace will incorporate BNB Chain on its Seaport Protocol by the end of 2022, enabling users to trade nonfungible token… Continue reading OpenSea Introduces Support For NFTs On BNB Chain
Jenkins The Valet Introduces A Gamified NFT
BAYC steward Jenkins The Valet is ready to debut dynamic NFTs together with the introduction of his forthcoming podcast. The podcast is meant to create a token-gated community experience. It integrates gamification with exemplary storytelling and audio production. This now marks a new way to experience podcasts and storytelling. What Is Special About These Jenkins… Continue reading Jenkins The Valet Introduces A Gamified NFT
NFTEA: Pioneer Multi-Dimension NFT Options Product Inspired By Sports Events
The FIFA World Cup in Qatar is getting celebrated in a variety of ways and the NFT Options idea from NFTEA is a new way in which technology is mainly deployed to join the celebration. The Qatar World Cup, by far the largest sporting event in world history is set to kick off in a… Continue reading NFTEA: Pioneer Multi-Dimension NFT Options Product Inspired By Sports Events
Professional Rodeo Cowboys Association Unleashes NFTs
The Professional Rodeo Cowboys Association (PRCA) appears to be making moves to create a new generation of cryptocurrency cowboys. They have teamed up with Fanaply, the eco-conscious NFT provider, to come up with new ways for the fans to connect with their favorite athletes. For that reason, several drops will enable the fans to unlock… Continue reading Professional Rodeo Cowboys Association Unleashes NFTs
Hilma af Klint Artwork NFTs Result In Foundation Protest
Swedish artist Hilma af Klint’s Foundation erupted in a huge protest when the late artiste’s artwork sold as NFTs on the GODA marketplace. Digital art firm Acute Art and Stolpe Publishing uploaded more than 160 Hilma af Klint artworks as nonfungible tokens (NFTs). These artworks are a part of Hilma’s “Paintings For The Temple” series.… Continue reading Hilma af Klint Artwork NFTs Result In Foundation Protest