Cardano Adds Native CDN for Non-Fungible Tokens

Cardano (ADA), the world’s largest Proof-of-Stake (PoS) network, is expanding its dApps ecosystem with an emphasis on NFT products.NFTCDN.io, a new service, will use the Cardano (ADA) blockchain to alleviate major data transfer constraints in the non-fungible tokens (NFTs) segment. Cardano now supports the NFTCDN.io protocol The platform becomes live to advance and optimize data[…]

NFT domains marketplace commences minting of .metaverse, .VR, .chain addresses

Years ago, everyone was crazy about.com domain names. Now, the focus is shifting to NFT domains, which provide far more.An NFT domain marketplace has announced the availability of a slew of premium extensions, including.metaverse,.VR, and.chain. According to Quik.com, the introduction of these new domain names allows consumers and projects to obtain extremely desirable, memorable addresses.[…]

Solana (SOL) NFT trades moon during crypto crash

Solana NFT markets have proven to be one of the fastest-growing NFT marketplaces, with 250,000 traders joining in just the months of April and May. This is according to Dune Analytics statistics. Solana NFTs making the rounds as a major game player Solana and Moonbirds marked a watershed moment in the NFT world. April saw[…]

Instagram to integrate NFTs from Ethereum, Solana, and others

According to Coindesk, Instagram intends to integrate non-fungible tokens (NFTs) from leading platforms such as Solana, Ethereum Flow, and Polygon. The social networking platform is set to launch a pilot program as early as Monday. According to the source, the platform would target a specific group of NFT fans in the United States. Whether Instagram[…]

NFT collectors sent $37B (R594 bn) to marketplaces in 2022, nearly matching 2021 already

Collectors of non-fungible tokens (NFTs) have already sent more than $37 billion(R594 bn) in value to NFT marketplaces this year (as of May 1), a figure that nearly exceeds the total amount in 2021. According to a Chainalysis report, investors sent $40 billion (R 641bn) in cryptocurrency to smart contracts associated with NFT collections and marketplaces[…]

Shiba Inu can now be used to buy land in SHIB: The Metaverse

Shiba Inu (SHIB) holders will now be able to use the cryptocurrency to acquire land in the Shiba metaverse. The Shiba Inu team announced on Twitter on Wednesday that the SHIB token may now be used to mint parcels of land in the recently unveiled virtual reality project “SHIB: The Metaverse.” The SHIB: The Metaverse[…]

NFTs reshaping the ticketing industry

NFTs have already had a significant impact on the art, brand promotion, and gaming industries, but the next best use case may come from the ticketing industry. The notion of nonfungible tokens (NFT) initially emerged in 2015, and it gained pace in 2017 with the creation of many renowned digital collectibles such as CryptoPunks and[…]

Increased adoption of Metaverse NFTs to catalyze the next cycle of NFT growth

The Metaverse’s virtual events, land, and financial services will unleash a trillion-dollar deal, igniting the next NFT investing frenzy. Metaverses and high-profile nonfungible tokens (NFTs) are the primary drivers of the NFT market’s explosive expansion. In the last year, projects such as the Bored Apes, Crypto Punks, Azuki, Clone X, and Doodles collections have increasingly[…]

‘Major Ethereum scalability upgrades are due soon’ Coinbase executive

More advancements in layer 1 to layer 2 bridges and rollup technologies are expected, according to Coinbase’s Chief Product Officer. Surojit Chatterjee, the Chief Product Officer of Coinbase, is the latest to share his predictions for the crypto sector in 2022, and he predicts huge advancements in Ethereum scalability. Industry leaders, analysts, and investors are[…]

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