Non-fungible tokens (NFTs) royalties are reshaping how developers benefit financially from their work, transitioning them from one-time sales to sustained earnings. The Sandbox has embraced the concept, innovating its marketplace to help facilitate a fair and automatic redistribution of royalties. The Mechanics Of NFT Royalties When an NFT is minted, the developers set a royalty… Continue reading The Sandbox’s Move For NFT Royalties Aims At Supporting The Creator Economy
Tag: non-fungible token
Disclosure Introduces 1,000 Distinct AI-Generated NFTs With Beatport
With their latest venture, grammy-nominated electronic music duo Disclosure is breaking new ground in the music industry. They confirmed the release of 1,000 unique NFTs, each featuring an AI-generated version of their track “Simply Won’t Do” from the “Alchemy” album, which debuted in July 2023. Termed as the Disclosure Bronze Editions, this NFT collection is… Continue reading Disclosure Introduces 1,000 Distinct AI-Generated NFTs With Beatport
Ubisoft Unveils Exclusive Drop Date for ‘Champions Tactics’ Ethereum NFTs – Your Free Pass to Digital Glory
A free mint is coming soon for Ubisoft’s first original NFT game. Let us look at the Champions Tactics: Grimoria Chronicles and its NFT plans. On December 13, 2023, Ubisoft announced the Ethereum NFT mint date for its first original blockchain game titled Champions Tactics: Grimoria Chronicles, highlighting that its “Warlords” will be available on… Continue reading Ubisoft Unveils Exclusive Drop Date for ‘Champions Tactics’ Ethereum NFTs – Your Free Pass to Digital Glory
200 Million NFTs Moved From Ethereum To Enjin Blockchain
The latest reports show that Enjin has managed to transfer more than 200 million NFTs from Ethereum and its JumpNet sidechain to the Enjin Blockchain. The transferred volume includes over 118 million Ethereum-hosted and 101 million JumpNet-hosted NFTs. New Features Added With Migration In a move announced in June 2023, Enjin unveiled its blockchain, designed… Continue reading 200 Million NFTs Moved From Ethereum To Enjin Blockchain
Shibacals and Busta Rhymes Collaborate for Shiba Inu NFT Launch
Shibacals is a platform backed by the Shiba Inu network. Recently, it unleashed the launch of an NFT collection in partnership with Busta Rhymes. This peculiar real-life component of the Shiba Inu ecosystem recently announced plans to dive into the NFT space. The forthcoming launch of the NFTs, also called the ‘Celebrities NFT Collectibles,’ comes… Continue reading Shibacals and Busta Rhymes Collaborate for Shiba Inu NFT Launch
Louis Vuitton Introduced Limited Edition VIA Tile Trunk NFT
Louis Vuitton recently announced the unveiling of their most recent digital collectible, the VIA Tile Trunk NFT. The digital collectible was designed by Nicolas Ghesquière, who currently serves as the creative director for the women’s collection at LVMH. Inspired by Ghesquière’s trunk-shaped mini cube bag that was first displayed at the Spring-Summer 2024 fashion show,… Continue reading Louis Vuitton Introduced Limited Edition VIA Tile Trunk NFT
Dairy Queen Dives Into NFT Market, Unleashes NFT Pop-Up Store In China
Dairy Queen collaborated with the local non-fungible token project Weirdo Ghost Gang (WGG), the famous ice cream brand, to unveil a pop-up NFT store in Chengdu, China. In recent years, NFTs have become notably popular, especially within the art realm. They provide a secure and verifiable means for artists, creators, and collectors to engage in… Continue reading Dairy Queen Dives Into NFT Market, Unleashes NFT Pop-Up Store In China
OpenSea Offloads 50% of Workforce In A Massive Restructuring Initiative
Top non-fungible token (NFT) marketplace OpenSea confirmed it will lay off 50% of its workforce in a huge restructuring move. CEO Devin Finzer highlighted in an X thread that the restructuring is meant to focus on “the next version” of their product. Early Reception And Achievements Launched in 2017, OpenSea appeared in the market when… Continue reading OpenSea Offloads 50% of Workforce In A Massive Restructuring Initiative
Magic Eden And Yuga Labs Collaborate To Unleash A New Ethereum-Based NFT Marketplace
Yuga Labs has formed a partnership with Magic Eden to launch a new NFT marketplace powered by the Ethereum blockchain. The venture highlights the commitment to leveraging blockchain technology to support content creators. The Magic Eden Ethereum marketplace, expected to be launched by the end of the year, distinguishes itself by being contractually bound to… Continue reading Magic Eden And Yuga Labs Collaborate To Unleash A New Ethereum-Based NFT Marketplace
U.S. Marine Corps Turns To The Metaverse For Innovative Logistics Training
The U.S. Marine Corps embarked on a pilot project to utilize the metaverse’s power to boost its logistics operations. This initiative consisted of the construction of a digital twin of the Earth. By adapting huge datasets linked to telemetry, assets, sensor data, and much more, the digital twin offers an extensive view of logistics operations.… Continue reading U.S. Marine Corps Turns To The Metaverse For Innovative Logistics Training